General Chat Transcript
Room Name: Vtrender
Date and Time: June 26, 2015 09:19:19[08:52] Vikkas C : GM shai
[08:54] r m : Good Morning folks!
[08:54] r m : http://vtrender.com/levels-and-plan-for-26th-june/
[08:54] Shailesh : GM all
[08:54] Sharad : GM all
[08:54] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2506/
[08:55] r m : Nifty JUL Future levels | Key Reference Area 8392 | Hypo1 above 8438➜8466➜8499 SL 8401 | Hypo2 below 8392➜8371➜8356 SL 8428
[08:55] r m : Banknifty JUL Future levels | KRA 18441 | Hypo1 above 18525➜18605 SL 18421 | Hypo2 below 18412➜18355➜18315 SL 18526
[08:56] John : GM all:)
[08:58] Ashish : GM all
[08:58] Suyash : GM all
[08:58] Moses : GM All
[08:59] Shai : GM all
[08:59] Manoj : GM RM
[08:59] Manoj : GM Shai
[08:59] Manoj : GM all
[08:59] r m : Hi Manoj
[08:59] Sudhakar : GM All
[09:00] Tejpreet : GM All
[09:00] Karan : GM all
[09:01] Srini A : GM All
[09:05] Augustin : GM all
[09:05] Kris : Gm All 🙂
[09:06] r m : Hi Kris 🙂
[09:06] Manoj : hi kris
[09:06] Sankar : GM All 🙂
[09:07] Ravi Chahal : GM all
[09:07] Ashish : We have SRK here… Shai,RM,Kris
[09:07] Kris : Hi Rm, Manoj
[09:07] Manoj : how many of us were present in TC15
[09:07] Suyash : I attended the one in goa
[09:07] Suyash : didn’t go for the mumbai one
[09:07] Sandeep : gm ALL
[09:07] Sankar : TC15?
[09:08] Manoj : @sankar trades carnival 2015
[09:08] Suyash : Yes it’s like an annual event for traders. DJ organizes it. His twitter handle is @ra1nbow
[09:08] Sankar : Nice.
[09:09] Sharad : I was there at TC15
[09:12] Sreedhar : Good Morning all..
[09:12] Porus : GM all
[09:12] Dharamveer : Gm Everyone
[09:13] Dharamveer : im at TC Manoj
[09:13] Sumit : GM everyone
[09:13] Venkatesan : gm shai, rm, kris and friends
[09:14] Sumit : Kris, saw the last night transcript, great calls there… wow
[09:14] r m : Hi Venkatesan
[09:14] Kris : Thanks Sumit
[09:16] Sudhakar : gm kris
[09:16] Sumit : Open and low at 8361
[09:20] Sankar : That seems to be a freak low.. it was not there when market started, then got there.
[09:23] Soumya : Good morning friends
[09:23] Venkatesan : shai /rm anomaly 8392 repaired
[09:23] Venkatesan : ?
[09:24] Karan : @Venkatesan Hi I’m new to room
[09:24] Karan : What is refered as Anomaly?
[09:24] Venkatesan : hi welcome karan
[09:24] Venkatesan : ho god , RM please jump in to rescue me
[09:25] Venkatesan : karana i am also new please wait rm will guide u
[09:25] Karan : ok
[09:25] Venkatesan : http://vtrender.com/glossary/
[09:25] r m : @Karan, it is suggested that you go thru reading material on blog first and familiarize yourself with MP, then the answers here will make sense to you
[09:25] Karan : ok
[09:26] Srini A : BNF Hypo2 is playing out
[09:26] Venkatesan : thank you rm
[09:27] r m : welcome 🙂
[09:27] Vikkas C : HCLTECH
[09:27] Sreedhar : Venky Bach gaya..
[09:27] Venkatesan : rm about the anomaly repaired pl?
[09:28] Sumit : rm…vwap at 8389? my system showing 8399
[09:28] Shai : Open very unsettled
[09:28] Sumit : never seen this big a diff.
[09:28] Shai : Sumit there is a trade diff at the lows
[09:28] r m : @Sumit, something wrong with my charts, they are showing June data in July too 🙂
[09:29] Sumit : ok thanks
[09:29] Shai : weakness below 8403 today in NF
[09:29] Shai : 8374 is 1st supp on day
[09:30] Shai : NF is weak now
[09:30] Shai : can drop to 8347
[09:30] Varun : drive outside value
[09:30] Manoj : sell???
[09:31] Shai : 8404 yvwap as bias point of long trade
[09:31] Sankar : its below the KRA levels.. and also VAL.
[09:31] Shai : yes Manoj
[09:31] Manoj : lvls like sl & tgt
[09:32] Shai : Sell NF near 8384- 8388 sl of 8410 tgt 8350
[09:32] Shai : can also sell here
[09:32] Shai : as sellers are coming
[09:33] Sumit : now vwap values hv adjusted… almost same now 🙂
[09:33] Vikkas C : shai BNF positional SELL
[09:35] Varun : wht was yesterday low in july
[09:35] Vikkas C : 8351.25
[09:35] Vikkas C : FUTURES
[09:37] Varun : thnks
[09:37] Vikkas C : 🙂
[09:37] Sankar : 8345.15 is 2 days low.. just below sterday’s low.
[09:37] Shai : Vikkas positional seell on close below 18440 today gets confirmed
[09:37] Shai : I go by daily closing for positional sells
[09:39] Sankar : Shai, NF short still valid, or since it went near tgt and coming up, it is not longer good?
[09:39] Shai : lots happening in the first 20 mins
[09:40] Karan : with sl 172 tgt 180
[09:40] Karan : GATI looks good for intraday
[09:40] Shai : Sankar sell good till vwap stays now
[09:40] Sankar : Great.
[09:40] Sankar : Tx
[09:40] Vivek K : shai any improvement in amtekauto structure? has taken out 157 as of now
[09:41] Manoj : wht is the extended tgt of nf shai
[09:41] Shai : we watch 18355 now in BNF for sellers
[09:42] Shai : Manoj 8320 below these lows
[09:42] Shai : 8320/ 8294
[09:43] Kris : Those 7900PE which were carried – part booked at 58. Rest will decide at EOD
[09:43] Shai : buying response has come near 8353
[09:43] Shai : let’s see if it is good enough to take out vwap
[09:44] Manoj : R these OTF buyers
[09:45] Shai : can’t say yet
[09:45] Manoj : ok
[09:45] Shai : If they are then vwap will be conquered easily
[09:45] Shai : highvol in first 15 mins
[09:46] Shai : note that 18L today
[09:46] Manoj : might B cozz of 1st day of new series
[09:46] Shai : Open is a drive – vwap plays a role now for next few hours
[09:47] Sandeep : VWAP CURRENTLY AT 8382 ?
[09:47] Manoj : 8382.5 right ??
[09:47] Varun : if we take out the lows of morning, looking for a trend day down, lets see
[09:47] Varun : with vwap as stop
[09:48] Shai : yes
[09:48] Manoj : thanks
[09:48] Shai : looks like those greens at lows are short covering
[09:49] Shai : as we hesiste at vwap
[09:49] Shai : hesitate
[09:49] Manoj : varun bhai even i think so cozz on spot Y’day we had a double top kind of formation
[09:50] Manoj : on spot as per me 8340 below which 8265 is possible
[09:50] Manoj : VWAP broken 🙁
[09:51] Shailesh : Close the shorts?
[09:51] Shailesh : i mean cover ?
[09:52] Shai : No sell is active
[09:52] Shai : We will keep the sell active here – let’s give the open drive a chance
[09:52] Shailesh : ok shai
[09:52] Shai : if 8347 breaks add for 8320/ 8293
[09:54] Kris : Shai – first day sell offs generally will be quite deep – holding shorts is better.
[09:55] Varun : more conformation_ fails to enter value area
[09:55] Kris : specially – let us not forget Nifty had continuous 8-9 days of positive closes.
[09:55] Ravi Chahal : entered 8400 PE at 160
[09:55] Varun : hw abt testing vwap of june- 8180 😉
[09:55] Shai : @Varun what is the word you use for settlement?
[09:56] Vikkas C : CLEARING
[09:56] Varun : clearing
[09:56] Shai : Nice. Thanks
[09:56] Shai : I prefer to use that 1 too 🙂
[09:56] Varun : 😉
[09:56] Kris : @Ravi – you know better – but – first week of a new series is generally not a good time to enter ITM options.
[09:57] Vikkas C : huge vols in 8100pe
[09:57] Shailesh : Kris entered PE 8200 @91…wht wud be the first target ?
[09:57] Shai : lots of sellers
[09:58] Kris : Chalo Varun – let us try – we are 180 points away! 🙂
[09:58] Ravi Chahal : ok Kris
[09:58] Varun : we could do a 100 below 8354
[09:59] Ravi Chahal : so u suggest 8100PE?
[09:59] Kris : BTW, did not reiterate – as Shai also suggested the same – I am in NF short at 8410, BN short at 18410.
[09:59] Kris : Hoping for day low closes in both – will update if I part book.
[10:00] Kris : As a practice, I do not trade current month options for first week.
[10:01] Shai : BNF 18140 is a realistic tgt today
[10:01] Kris : I feel too much premium adjustment – if I do – I will update.
[10:01] Shailesh : Ok Kris will keep that in mind
[10:04] Tejpreet : Shai Axis bank views entered short at 566 futures.
[10:06] Ravi Chahal : ok
[10:07] Shai : axis cash will get momentum only when 560 cash breaks
[10:07] Shai : is weak below 566 on intra but shorts will cover if 567 crossed
[10:08] Tejpreet : Tthanks for the details.
[10:15] Vikkas C : shai views on bharatforge ?
[10:19] Shai : Bforg see resistance building at 1149- 1153 supp at 1120 now
[10:19] Shai : vols not suggesting a big move
[10:19] Sankar : Shai, how does the 8410 comes? above sterday’s vwap?
[10:19] Vikkas C : ok thanx shai
[10:20] Shai : 8404+ filter
[10:20] Shai : yesterday was an uptreding day so the vwap had buyers yesterday
[10:21] Shai : If you see y’day charts we held vwap all day
[10:21] Shai : and that was 8404
[10:21] Shai : so bias turns down below it
[10:21] Sankar : Ok.
[10:22] Sankar : So, though its making higher lows from day low (today), we are still holding bearish view as long as this vwap is held..
[10:23] Shai : No estimate int the day was 8356 holding as we are into a balance
[10:23] Shai : but since we see an open drive we are giving additional weight to a possible down move
[10:23] Sankar : Ok.
[10:23] Shai : (09:31) Shai :8404 yvwap as bias point of long trade
[10:23] Shai : (09:29) Shai :weakness below 8403 today in NF
[10:24] Shai : (09:46) Shai :Open is a drive – vwap plays a role now for next few hours
[10:24] Tejpreet : Shai can”t see dpoc in Nifty.
[10:24] Shai : 8382
[10:24] Sankar : Cool Thanks.
[10:27] Sreedhar : Varun must be smiling.. : )
[10:31] Soumya null : shai should we square off shorts as price holding abv vwap
[10:33] Shai : No hold sl 8395 now
[10:34] Shai : actually hold 8405
[10:34] Shai : let’s give it time to move
[10:35] Sankar : ok.
[10:35] Soumya null : ok thanks
[10:36] Sankar : Shai, will u consider the price bars or only the levels or buyers/sellers here?
[10:36] Sankar : ofcourse along with the vwap/mp levels.
[10:38] Manoj : 567 i guess axis faced rejection i sold @566 purely intra trade wht shuldbe sl & tgt
[10:38] Shai : Market profile is about current price action w.r.t where value was seen yesterday, so all lvels based on yesterday buying/ selling as also previous
[10:38] Sankar : ok tx.
[10:41] Shai : 568 + filter : 568 being poc yesterday
[10:41] Shai : intra
[10:41] Shai : be back in a few mins
[10:41] Manoj : filter???
[10:41] Tejpreet : Manoj (10:07) Shai :axis cash will get momentum only when 560 cash breaks(10:07) Shai :is weak below 566 on intra but shorts will cover if 567 crossed
[10:43] Kathir : GM Shai RM all friends
[10:44] Manoj : hi Kathir
[10:46] Augustin : @Shai – Basic question. How do you find out if a particular seller or buyer who is trapped hass exited or not?
[10:49] r m : Hi Kathir
[10:52] Rajat : Hi Shai
[10:52] Rajat : What is IPM??
[10:55] r m : @Rajat, used where? should be initiative price movement
[10:56] Rajat : Shai has used this in his last blog. Anyway thanx
[10:58] r m : generally buying above VAH and selling below VAL should be considered initiative buying or selling
[10:58] Porus : RM, ‘initial price movement’
[10:58] r m : ok
[10:59] Rajat : Thanx Porus
[11:00] Porus : Used on this page
[11:00] Porus : http://vtrender.com/steidlmayer-distribution-4/
[11:01] r m : Thanks Porus
[11:01] Porus : wc
[11:01] Ashish : Guys, decided no trade to be taken against flow of this room… whatever happens
[11:02] Vikkas C : BNF has been seeing red delta since the past 20 mins but price is almost same ..noticed the same thing yesterday with green delta for almost 5-6 bars and then shot up
[11:02] Varun : dump
[11:03] Vikkas C : @RM am i on the ryt track ?
[11:03] Ashish : yeah vikas…
[11:03] Ashish : happened too yesterday
[11:03] Vikkas C : 🙂
[11:03] Ashish : varun’s dump is here
[11:04] Varun : 55-96 whtever breaks shld give a 40-50 point move, skew neagative
[11:04] Ashish : ok varun…
[11:05] Ashish : Shai, RM – What’s weekly VWAP in Nifty?
[11:05] r m : @Ashish, my charts gone for a sixer 🙂
[11:06] Ashish : ohhh, hope they will be OK soon..
[11:06] Varun : break this 5525 seller
[11:07] Varun : ky ayaar
[11:07] Varun : buyer
[11:07] Varun : seems two timeframing on, shai can tell better
[11:07] r m : @Ashish, some issue with NT, is not saving data so I am only seeing the last bar 🙂
[11:08] Ashish : OK RM, no issues
[11:08] Manoj : yaar yaha varun waha Twitter pe jay these r only 2 time frames i guess
[11:08] Manoj : one always bullish until i seen & other opp
[11:20] Ashish : Positional sell triggered in BNF?? via @V20F
[11:22] r m : Positional stops and targets as per Prime levels, better to check with Shai before fresh entry
[11:23] Ashish : yes RM, Shai is looking on daily timeframe for positional calls
[11:23] r m : ok
[11:23] Chetan : rm i am not getting these prime levels in my mail….
[11:24] Chetan : i am not getting any mails from vtrend
[11:24] r m : just bookmark the above sheet, it is here in the room as well in bottom right corner under Documents
[11:24] Vikkas C : @chetan bottom ryt side of the scrren documents ..
[11:24] Chetan : i had sent complaint mail,but still no response
[11:25] r m : @Chetan, will remind Shai to include your email addess in mailer 🙂
[11:25] Chetan : ok thanks
[11:25] r m : the mailer only contains links to all the posts in blog the previous day
[11:26] Varun : any one knows wht we get if we see a 45 degree profile
[11:26] r m : I don’t even know what is a 45 degree profile 🙂
[11:27] Varun : i think i read somewhere
[11:27] Vivek K : 45 is in MOM
[11:27] r m : ok
[11:27] Porus : dalton explains it
[11:27] Varun : see d-g-h-
[11:27] Varun : from top
[11:28] Varun : and wht does dalto say
[11:28] Varun : can anyone tell
[11:28] Varun : cos we have a poor low in todays profile
[11:28] Sankar : NF trying hard to stay below vwap.
[11:28] Varun : which shld break
[11:28] Varun : abt 45 degree
[11:29] Sankar : @Shai, can this recent high made can be a good SL update?
[11:29] Tejpreet : Varun 45 degree line on this link http://www.jdaltontrading.com/author/jdaltontradinggmail-com/
[11:30] r m : Thanks Tejpreet
[11:32] Ashish : Thanks Tej.
[11:32] Varun : thanks tejpreet
[11:32] Varun : but i could not get out wht he meant, as its marklet time will read more after mrkt
[11:33] r m : @Varun – https://www.youtube.com/watch?v=uM6NWyNqlqw
[11:33] r m : http://screencast.com/t/GrJz2RqzJ
[11:34] Shai : Sell BNF 18285 and 18320 in 2 parts sl of 18365 tgt 18200/ 18140
[11:34] Varun : shai bnf more weak for shorts. non over lap
[11:35] Varun : most of the value infact outside range
[11:38] Hemant : Shai, can execute a butterfly here? (Not the real kill) 🙂
[11:38] r m : 🙂
[11:38] Sankar : lol
[11:42] Shai : Yes Varun 2 day lows at 18327 and 18295
[11:42] Karan : Shai your view on SKS Micro
[11:43] Ashish : Shai, weekly VWAP and VAL please?
[11:44] Shai : @Rajat – Initial price Move is IPM
[11:44] Shai : More here : http://vtrender.blogspot.in/2011/04/steidlmayer-distribution.html
[11:46] Shai : @Asish weekly vwap july F at 8383
[11:46] Ashish : Thanks Shai… VAL also..
[11:47] Shai : @Chetan we only send a daily mail which has the most recent blog posts
[11:47] Shai : check your promotions tab if you are not recieveing it off late
[11:47] Shai : Google puts it there after a while
[11:50] Tejpreet : Shai views on Bajaj Auto for positional play has been running up …short on break of what lvls.
[11:50] Shai : sellers adding in NF
[11:50] Sankar : @Shai, can NF Sl be updated, as it spent sometime above vwap and now below it.. so the recent high can be an SL?
[11:50] Sankar : or SL udpates are not based on that?
[11:50] Shai : Ashish dev VAL at 8372F
[11:50] Shai : Sankar 8395 but I prefer 8403
[11:51] Shai : still a normal day
[11:51] Sankar : Yes, you have mentioned. I have it at 8405 which u said last time.
[11:51] Ashish : Thanks a lot Shai 🙂
[11:51] Shai : that initial short covering reduced momentum down
[11:51] Sankar : ok.
[11:51] Shailesh : China down 8% freak
[11:54] Shai : Karan – SKS micro flattish here at 454- 457. I think the trade here is On MOnday/ tues when it starts moving out from here
[11:54] Shai : may finish today here
[11:54] Shailesh : Shai do you track global indices?
[11:56] Shai : bajajauto momentum still up ad a safe short position only when 2488 breaks
[11:56] Shai : avoid shorting for now- let long liquidati come first
[11:56] Hemant : Shai, the butterfly to execute or not to? 🙂
[11:57] Tejpreet : Thanks Shai will wait for confirmation …as positional play.
[12:02] Manoj : OMG look @ hangsheng
[12:02] Manoj : maaza aajaye if nf also fall the same
[12:03] Ashish : Kyoon nahi bhai, nifty 0 hi kyoon na ho jaaye 😉
[12:03] Rajat : Hi Shai
[12:04] Rajat : I’m already holding a long position in NF put. Should I hold it??
[12:04] Shai : yes
[12:04] Hemant : Seems like the butterfly is going to sly away 🙂
[12:04] Shai : Hemant Butterfly in?
[12:05] Shai : 18240
[12:05] Shai : below IBL now
[12:05] Hemant : Shai, 8800 CE buy 7800 PE buy sell 8400 CE and 8200 PE?
[12:05] Hemant : Something like that will do for next couple of days?
[12:06] Shai : ok
[12:06] Manoj : shai u feel nf will fall more thn 120 pts today ?? like do 8300-8280today
[12:06] Shai : stengthen the hedge if 8180 spot breaks
[12:06] Manoj : nfty fut i m talking
[12:06] Manoj : about
[12:07] Rajat : I’m flat in Bank NIfty. Shall I take fresh position in it?
[12:07] Shai : Manoj so far vols are not pointing to that range maybe 8340 on this volume
[12:07] Manoj : ohh ok
[12:08] Shai : Yes Rajat we went short in BNF intra dn postional
[12:08] Shai : sell the rises in BNF
[12:10] Kris : @Shai – 18140 looks very near – any further downside points?
[12:10] Kris : 🙂
[12:11] Shai : Cipla lighting up my screen . looking at 653 immediately
[12:11] Sankar : 8350 🙂
[12:12] Vikkas C : WHAT WUD BE sl IN CIPLA SHAI
[12:12] Kathir : @SHAI SHOULD WE EXIT NF SHORT NEAR 8340 OR HOLD
[12:12] Sankar : 8350 was the tgt given.
[12:13] Shai : Vikkas positional 598 sl
[12:13] Shai : has a tail there
[12:14] Shai : Kris 18072? intra
[12:15] Shai : Kathir always part book at tgt 1
[12:15] Suyash : 87527 seller trapped?
[12:15] Kathir : ok thanks
[12:16] Shai : yes could be bad entrries on new shorts at that number Suyash
[12:16] Suyash : ok shai
[12:17] Shai : that’s about 3500 lots and maybe mixed
[12:17] Shai : they will manage a 30 point stop
[12:17] Varun : wvap visit on cards
[12:18] Shai : yes possible
[12:18] Shai : if NF exit did not happen near 8350/ 55 can book and wait for a new short higher
[12:19] Kris : @Shai – that sounds more interesting!
[12:19] Varun : not even a stop trigger
[12:19] Varun : at 50, he will run for cover
[12:19] Shai : This 1 : (09:32) Shai :Sell NF near 8384- 8388 sl of 8410 tgt 8350
[12:20] Shai : New trigger could be vwap selling or a break below IBL after 1.30
[12:20] Vikkas C : thanx shai
[12:22] Kris : @Varun – vwap visit will be nice – booked a few shorts in BN at WkLow and NF at 8350!
[12:22] Kris : need to add them back!
[12:22] Venkatesan : kris you r one of the 41250 buyer at 8350?
[12:22] Venkatesan : or all yours
[12:22] Venkatesan : ?
[12:23] Kris : @Venkatesan 🙂
[12:23] Kris : I am a peanut trader!
[12:23] Venkatesan : :))
[12:25] Kathir : @venk all big orders from DD guy
[12:25] Varun : watch out for sellers ar vwap, sometimes on normal days it could a ib high too, as inventory went short at lows
[12:25] Ashish : @Kris, if you are a peanut trader, then we should ne microscopic 😉
[12:26] Kathir : 🙂 virus traders
[12:26] Varun : if this turns green+ vwap, we could do ib high
[12:26] Hemant : 🙂
[12:27] Venkatesan : hi kathir where is FII rm rk?
[12:27] r m : @Vemlatesam, I am MII (micro) 🙂
[12:28] r m : *Venkatsan
[12:28] Venkatesan : m means rm?
[12:28] Varun : singles gone
[12:28] Venkatesan : micro good
[12:28] Ashish : 18200 BNF
[12:29] Shai : bnf NEAR tgt1 – (11:34) Shai :Sell BNF 18285 and 18320 in 2 parts sl of 18365 tgt 18200/ 18140
[12:29] Kris : @Shai – green delta just below IB low – shorts covered or new buying?
[12:30] Shai : Kris looks like dip buyers
[12:30] Ashish : Shai, 18200 is the exact low…take a bow
[12:30] Shai : but that pink in BNF is unrelenting
[12:31] Shai : will push it down
[12:31] Sankar : Tgt 1 done in BNF.
[12:32] Shai : hold some part of BNF- we have a nice trigger today at 2 day lows
[12:32] Soumya : i covered shorts at 8350
[12:32] Soumya : had missed the first time it reached there
[12:33] Vivek K : buyers coming in shai in NF at lows?
[12:34] Kathir : @venk FII RK will not come today..may be eve possible..some of his relatived met with accident near krishnagiri he is there
[12:34] Ashish : LVN + 0 in BNF
[12:34] Shai : No buyers
[12:35] Shai : some panci
[12:35] Venkatesan : shai npoc support?
[12:35] Sreedhar : NF can we enter short here..Shai..
[12:36] Rajat : next target of nifty??
[12:36] Soumya : +1 – where can be enter new shorts
[12:37] Shai : Let is setlle a bit here
[12:37] Ashish : Shai, responsive buying in BNF
[12:37] Shai : watching response 8335 spot
[12:38] Soumya : oh yes.. that was one important level..
[12:38] Shai : not suggesting new short NF here
[12:38] Shai : if holding old then vwap sl else wait
[12:38] Kris : lost connection!
[12:42] Shai : Let’s keep a sell order in NF at 8361 sl of 8383 tgt 8324/ 8296
[12:43] Sudhir : sir now r v short on nifty still
[12:43] Sudhir : its confusing
[12:43] Sudhir : trgt50 achived
[12:43] Shai : positional short
[12:43] Shai : Im updating intra
[12:43] Shai : No confusion
[12:43] Sudhir : k and bn is also poz sir
[12:44] Shai : It’s just that we have a positional triggreed smae time but we don’t get positional every day
[12:44] Sudhir : k
[12:46] Soumya : what can be a good price to add cipla shai – now at 615 from 620
[12:47] Shai : around 605
[12:47] Soumya : awesome.. thank you shai !!
[12:50] Manoj : 8361 sell triggred
[12:51] Rajat : shall we enter for fresh intra positions
[12:52] Vivek K : amazing range by MS. MorganStanley on China: Cuts Shanghai Composite target range to 3250-4600 from 4000-4800 earlier. Probably not a dip to buy into China.
[12:52] Tejpreet : Shai BN lvls to reneter shorts.
[12:54] Ashish : Shai, can short BNF here with VWAP + filter as SL?
[12:56] Vikkas C : what happened ..so much of green
[12:57] Ashish : BN stuck @ IBL
[12:59] Vikkas C : vwap selling happening in NF
[12:59] Vikkas C : shai J period ..is that a poor low ?
[12:59] Ashish : looks like vikas
[13:00] Shai : BNF re enter shorts here
[13:00] Shai : NF short triggered
[13:00] Ashish : Thanks Shai
[13:00] Manoj : thanks shai
[13:01] Ravi Chahal : tgt for bnf?
[13:02] Shai : same 18140
[13:02] Sankar : SL also same?
[13:02] Sankar : 18365?
[13:02] Shai : some more buyers in NF
[13:03] Shai : vwap imp point again
[13:03] Manoj : do we need to change sl in nf ???
[13:03] Shai : sl 18310 in BNF
[13:03] Dharamveer : tgt for sbi f?
[13:04] Rajat : Holding short position in NIFTY @ 8361. Let see
[13:05] Shai : enter sl in system
[13:05] Shai : NO additional selling seen at 8361
[13:05] Shai : lets exit NF short here
[13:06] Manoj : ok
[13:06] Shai : this can run to 8394
[13:06] Shai : exit that new bnf short also
[13:07] Kris : here is vwap that Varun mentioned in NF
[13:07] Shai : there were buyers below IBL but was leaning on new selling coming near 8360- 8365
[13:07] Shai : so far not seen
[13:08] Ashish : OK shai
[13:08] Sankar : Ok closed all ..
[13:08] Sankar : delta in NF was a big red around 8365.. thought its bearish..
[13:09] Sankar : but yeah I could be missing other facts, as delta is the only thing I understood now :).
[13:10] Hemant : Shai, why not push sl for nf short to above 8394 & add to the current short? Just curious
[13:11] Shai : We are flat intra day now
[13:12] Shai : Heamnt cos new selling did not show up below IBL and 80% cases it means day low done
[13:12] Shai : *Hemant*
[13:12] Hemant : Ok Shai got it
[13:13] Vikkas C : what just happened in dlf and hdil
[13:13] Vikkas C : gone bonkers
[13:14] Shai : NF composite Bell Curve now based on tis rderflow
[13:14] Shai : Sell high buy lows
[13:14] Suyash : some news probably in real estate stocks
[13:14] Shai : remeber I said quiet period ahead yesterday
[13:15] Vikkas C : so nifty shud be sold close to 8400
[13:15] Shai : 8396
[13:15] Vikkas C : ok thanx
[13:15] Shai : 18344
[13:15] Srini A : Wow, 8396 already. Thanks Sha for protecting the profits
[13:15] Srini A : Shai
[13:15] Shai : 🙂
[13:15] Sudhakar : good call shai
[13:15] Shai : Let’s thank the OrderFlow- It does not lie
[13:16] Sankar : lol.
[13:16] Srini A : This is what I used to miss so far 🙂
[13:16] Shai : that seller at the open is still there 8404- 8410
[13:16] Soumya : tahnk you shai
[13:16] Soumya : thank you shai
[13:17] Shai : small trade : Buy NF near vwap 8372 / 8374 with sl of 8350 tgt 8404
[13:18] Shai : Welcome Soumya
[13:20] Srini A : It seems to be accepting yesterday’s VAL now
[13:20] Hemant : Stop loss got hunted and now “rotations” I’m gong to do a head spin now
[13:21] Vikkas C : shai is there a poor low ?
[13:21] Ashish : lol hemant
[13:22] Srini A : Sudden change in weather 🙂
[13:25] Hemant : Gut feel, might be wrong here, NF short will trigger again some time in the near future today 🙁
[13:27] Shai : No Vikkas
[13:27] Shai : BNF is a short again intra sl of 18360 tgt 18230
[13:27] Shai : can short below vwap to be safe
[13:28] Vikkas C : ok shai
[13:28] Shai : Ignore that NF long at vwap
[13:28] Manoj : nf buy & bnf sell onewill eat sl right ???
[13:28] Shai : let’s give it a miss
[13:28] Manoj : ohh ok
[13:28] Shai : NF may just choose to settle here for now and close
[13:29] Vikkas C : shai one visit back to 8350 possible before close ?
[13:29] Shai : if vwap breaks
[13:29] Vikkas C : ok thanx
[13:34] Vikkas C : shai ..price going up but delta is red ..confusion
[13:43] Venkatesan : vikkhas 5 mt or 15mt chart?
[13:44] Vikkas C : 5 mins ..talking from 13.15 to 13.30
[13:46] Venkatesan : see vikhas delta red is reducing from 1315 hrs to 1335 hrs , that means selling coming downn and buyin jumping up so too price
[13:47] Vikkas C : yeah figured it out …thanx venkat 🙂
[13:47] Venkatesan : welcome
[13:47] Suyash : shai positional system has reversed all longs in nifty and banknifty. Does it mean just an exit of long or initiating of short too?
[13:48] Shai : we are short
[13:48] Ashish : yep
[13:48] Shai : to Suyash on that positional
[13:48] Suyash : at 8359 ?
[13:48] Suyash : that is when the system turned short right?
[13:48] Shai : yes
[13:49] Ashish : BNF sell also triggered Shai.
[13:49] Shai : yes
[13:49] Suyash : thanks for the clarification shai
[13:49] Vikkas C : pink aa jaao yaar
[13:50] Vikkas C : aayaaa
[13:50] r m : hypnosis 🙂
[13:50] Vikkas C : 😉
[13:52] Rajat : Stop loss for Nifty Short
[13:52] Manoj : shai any intraday trade in nifty???
[13:52] Rajat : ?
[13:52] Srini A : Its still holding VWAP?
[13:53] Vikkas C : thats the issue srini ? thodo usko
[13:53] Srini A : May be we should start the weekend early 🙂
[13:54] Vikkas C : lets the games begin soon
[13:56] Vikkas C : games will begin only when the master orders ..and its waiting for his orders
[13:56] Srini A : Yes
[13:57] Tejpreet : Vikkas (13:14) Shai :remeber I said quiet period ahead yesterday. 🙂
[13:57] Vikkas C : @tejpreet i only want 8350 ..not asking for much
[13:58] Vikkas C : 🙂
[13:58] Tejpreet : Guess 8350 can come quietly in a quiet period.
[13:59] r m : lower boundary of quietness 🙂
[13:59] Vikkas C : today room is also silent ..guess all getting ready to celebrate the weekend
[14:00] Venkatesan : rm selling tail otf kris and buyin tail otf rk are left only we the locals are here, am i correct rm?
[14:02] Srini A : 🙂
[14:03] r m : I wish it was so 🙂
[14:03] Venkatesan : I too
[14:04] r m : normally you will find Kris buyig PE at selling tail and CE at buying tail 🙂
[14:04] Rajat : Shai, are you still short on VWAP ??
[14:04] Venkatesan : yes shai he is xpert in option
[14:04] Venkatesan : shai sed
[14:05] Rajat : what is sl ??
[14:05] Vikkas C : shai views on TCS ?
[14:05] Sreedhar : Todays low poor low? RM
[14:06] Sankar : @Rajat, BNF sl is 18360. NF Shai said has become flat.. probably no trades?
[14:06] Sankar : thsi is with respect to intraday.
[14:06] Sankar : NF is also staying above vwap .. not yet broken down vwap.
[14:06] Vikkas C : @sreedhar i asked the same ? to shai ..he said its not a poor low
[14:07] Vikkas C : @RM @RK TCS view dedo koi ?
[14:07] Sreedhar : ok Thanks Vikkas..
[14:08] Vikkas C : 🙂
[14:08] Shai : Rajat we dropped out of that NF long idea
[14:08] Shai : (13:28) Shai :Ignore that NF long at vwap
[14:08] Shai : (13:28) Shai :NF may just choose to settle here for now and close
[14:09] r m : @Vikkas, Shai gave short stop at 2588 on 23JUN, 2584 high so far!
[14:09] r m : TCS
[14:09] Vikkas C : thanx RM 🙂
[14:11] Vikkas C : maruti and bajaj whatta rally ..
[14:11] r m : yeah, powerful engines 🙂
[14:12] Sankar : 😉
[14:12] Srini A : Curiously, in 10 min for NF and BNF seems to be making lower highs and higher lows.
[14:12] Vikkas C : looks hero also making an effort to start its engines
[14:13] Tejpreet : Bajaj looking a tempting short around 2500 F hit yesterday expiry spike high ……but no pre emptive trades as per Shai n RK.
[14:15] Vikkas C : yeah ard 2500-2525 looks short with small stop of 20 points
[14:15] Srini A : break out then
[14:15] Sankar : @Srini, in all timeframes NF is doing that.. we broke low day before sterday.. then high sterday.. again low today.. 😉
[14:16] Kris : @Varun – that is awesome work! – Here is day high!
[14:16] r m : day high in NF
[14:16] Srini A : yeah Shankar. some impending big move, looks like
[14:17] Srini A : Thats really awesome Varun to predict that!!
[14:17] Kris : Bought 8100PE July at 54. Will carry over the weekend.
[14:21] Kris : Test!
[14:21] Ashish : OK kris
[14:21] Kris : Ok – I am online – surprised to find no reaction! 🙂
[14:21] Sandeep : everyones on a slumber
[14:21] Ashish : guess all are filling orders 🙂
[14:21] Vikkas C : we all ran to buy the 8100pe 😉
[14:22] Manoj : same me also
[14:22] Ashish : got it @ 58 😉
[14:22] Sankar : lol.
[14:22] Sandeep : kris when you feed your order , let us know
[14:22] Sudhir : will wait till 3 20 for option trade
[14:22] Sandeep : good for lesser mortals like us
[14:23] Sandeep : we can also catch the lows and highs like you
[14:23] r m : delayed msgs on my chat Kris
[14:25] Ashish : Kris, you do options in bank nifty??
[14:25] r m : this is a overnight trade
[14:26] Ashish : trade options *
[14:26] Tejpreet : Shai SL for positional BN shorts is 18570,right.
[14:27] r m : today it is my turn for delayed chat 🙂
[14:28] Kris : @Ashish – no. BN I do futures.
[14:28] Ashish : ok kris
[14:29] Kris : @Sandeep – I try to communicate as fast as possible
[14:29] Sandeep : ya thanks for the same
[14:29] Kris : Well – just to clarify – my trade got executed at 54.65.
[14:29] Sandeep : was just in jest
[14:29] Kris : I bought at market price at that moment.
[14:30] Sandeep : 🙂
[14:30] Kris : Some one on twitter was saying low is 54.15 !
[14:30] Vikkas C : dont bother kris
[14:30] Sandeep : people want to deride you
[14:31] Sandeep : they get some enjoyment doing this
[14:32] Sankar : lol.. he is worried about that 15 paisa.. 😉
[14:32] r m : @Kris, 90% of folks on twitter won’t know how to initiate a trade but have deep technical knowlege to criticise 🙂
[14:32] Vikkas C : +1 RM
[14:32] Manoj : +1RM
[14:33] Sankar : Nice RM 🙂
[14:34] Kris : Yes RM – took one retirement from Twitter trades – on something similar!
[14:34] Ashish : 2 LVN’s very close to each other… any reason??
[14:34] Ashish : in BNF
[14:34] Kris : It is a tough thing to trade – and – tweeting them live is quite strenuous exercise!
[14:35] Ashish : 8100 PE – 63
[14:35] r m : yep and then folks want you to tweet at the exact time the trade triggered 😀
[14:35] Vikkas C : thats the main reason for me beng just a silent follower ..no opdates on twitter from myside 🙂
[14:37] Ashish : again VWAP
[14:38] Kris : Part booked at 65. Just as a habit. But I am carrying significant portion for next week.
[14:38] Ashish : roger Kris…
[14:38] Sankar : Nice Krish. Any tgt to watch for?
[14:39] Kris : @Sankar – I will update – I generally keep an open mind!
[14:39] Kris : What if market wants to give 300 🙂
[14:39] Venkatesan : :)))
[14:39] Sankar : lol :). I luv your open mind now.
[14:39] Ashish : 🙂 🙂 🙂
[14:40] r m : 🙂
[14:41] Ashish : more sellers coming
[14:41] Vikkas C : kris if that happens then a big party from all of us to u 😉
[14:41] Ashish : ohh yes vikas.. sure
[14:42] r m : @Vikkas, what will a teetotaller will do at the party? 🙂
[14:42] Vikkas C : haha
[14:42] Venkatesan : can enjoy side dish rm
[14:42] Ashish : lol venkat
[14:42] r m : 🙂
[14:42] Vikkas C : or some MILK :p
[14:42] Venkatesan : rm ru veg or non
[14:42] Vivek K : is kris a teetotaller?
[14:42] r m : yes
[14:42] r m : not me
[14:43] Manoj : rm veg or non veg in food???
[14:43] r m : egg, fish rest veg 🙂
[14:43] Venkatesan : yes, wat else manoj?
[14:43] Vikkas C : as manoj said on twitter ..DRINK DOUBLE SEE TRIPLE AND STAY SINGLE …
[14:43] Vikkas C : hahahha
[14:44] Tejpreet : Shai can you refresh the chart green 206975 at 8404.
[14:44] Manoj : thts true naa??
[14:44] Vikkas C : sorry ulta bola naa lekin
[14:44] Vikkas C : drink triple see double and stay single
[14:44] Shai : stuck buyers at 8404
[14:45] Manoj : i was triple drunk whn writing
[14:45] Vikkas C : hahahhahahaha
[14:45] Tejpreet : So this fall due to LL.
[14:45] r m : lol 🙂
[14:46] Kris : hmm… when I typed exit at 65 – some one is pointing that 64.7 is high!
[14:46] Shai : Positional sell stops were updated on twiitter some time back
[14:46] Vikkas C : hahah kris
[14:46] Ashish : hahaha kris….
[14:46] Kris : I repeat friends – I sell and buy at market price – except on rare occasions – like yesterday 8450PE buy.
[14:46] Manoj : ha ha kris
[14:47] Sreedhar : forget those trolls Kris.. we are very happy at you..
[14:47] Vikkas C : we are not here to question u kris ..infact its a gr8 learning from u
[14:47] Ashish : send that someone to kashmir, i have enogh crackers to blast him off..
[14:47] Kris : I want to inform quickly so that others can take action – so – there can be a few paise wrong here and there – the purpose is not to show bloated profits – but – to indicate an exit.
[14:47] Venkatesan : ::))) ahishs we manufacture near my home
[14:47] Shai : That is Kris from yesterday
[14:48] Sreedhar : LOL venky,,
[14:48] Ashish : ok venkat…but we blast here 😉
[14:48] Sudhir : lets keep it to point why peronal attacks
[14:48] Sankar : anywah, its beyond 65 now.. he can happily book..
[14:48] Ashish : cool Shai…
[14:48] r m : after seeing that screenshot you guys would change your mind and ask Kris to give a party 🙂
[14:49] Ashish : hahaha RM
[14:49] Sankar : just one party?
[14:49] Venkatesan : Shai mp typical bell shape nah?
[14:49] Shai : yes rotational profile
[14:49] Shai : vwap close exp
[14:49] Vikkas C : kris deserves a party period
[14:49] Venkatesan : ok thank u
[14:49] Sandeep : shai holdinf some bnf shorts , carry ?
[14:49] Shai : yes
[14:50] Sandeep : okay thanks
[14:50] Vikkas C : holding NF and BNF both
[14:50] Shai : 1st day of the series don’t carry large
[14:50] Varun : wazz up room
[14:50] Varun : just logged in
[14:50] Shai : will update blog on sunday with next week view
[14:50] Varun : @kris we did ob high
[14:50] Venkatesan : varun congrates
[14:51] Kris : @Varun – I said a thanks to you!
[14:51] Varun : i just logged in
[14:51] Varun : dnt know wht happnd
[14:51] Kris : I loaded shorts full – and exited part already below vwap!
[14:51] r m : @Varun, just the usual, Kris printed more greenbacks 🙂
[14:52] Tejpreet : Is there any search option in the chats ?
[14:52] r m : here or in blog?
[14:52] r m : here you can right click and search
[14:53] r m : univesal CTRL + F also works
[14:53] Tejpreet : In the chat … yeah got it in the settings.
[14:53] Tejpreet : Thanks.
[14:53] r m : welcome
[14:53] Vikkas C : ctrl F damnn..didnt know it works here ..
[14:54] Vikkas C : super
[14:54] r m : bill gate is like God, everywhere 🙂
[14:54] Vikkas C : hahaha
[14:54] Vikkas C : not a gates fan though ..
[14:55] r m : yep, google fan
[14:55] Ashish : Shai, buying or selling @ VWAP in NF?
[14:56] Shai : both happening
[14:56] Shai : could be adjusting for weekend
[14:56] Varun : we have a poor high and low, seems more rotation
[14:56] Ashish : OK shai, thanks
[14:56] Kris : @Varun – Shai said one week of sideways!
[14:57] Kris : Me thinks a Black MOnday 🙂
[14:57] Shai : I think Greece is tues
[14:57] Vikkas C : no greece is tomo
[14:57] Shai : so that Mon is imp
[14:57] Vikkas C : payment is 30th
[14:57] Manoj : kris i m holding big chunk of 8300pe @110 is tht fine or hold 8100 as u told ???
[14:57] Shai : yes 30th for default
[14:58] Vikkas C : yes shai
[14:58] Kris : @Manoj – first day such near options is risky na?
[14:58] Kris : Any way – I am holding PE for Monday.
[14:58] Kris : If you change – you can in profit – it will be leser risk na?
[14:59] Shai : Manoj don’t go large on 1st day
[14:59] Kris : And – if a fall comes – VIX increases – so your return does not decrease too much!
[14:59] Manoj : i thought if fall comes my 8300 pe will run faster
[14:59] Manoj : ok thanks for alerting me
[15:00] Manoj : i will half the qty & go 4 8100
[15:01] Sreedhar : Shai any poor structure in ysterdays up move?
[15:01] Shai : Yes Sreedhar there was at 8392
[15:01] Shai : but now repaired
[15:01] Sreedhar : ok.. Thanks..
[15:02] Shai : today’s profile takes away a buying tail frm 23/06 and 25/06 so negative on positional
[15:02] Shai : but momentum down may still not be huge
[15:04] Vikkas C : shai booked half Nf @ 8370
[15:04] Varun : shai at wht time we can say one time framing or two time framing, 10.15 or beofre also
[15:04] Varun : ?
[15:04] Manoj : bye all
[15:05] r m : bye Manoj
[15:05] Vikkas C : cheers manoj to the weekend
[15:05] Shai : 4 day balance : http://screencast.com/t/Bcnu3ZQ2W
[15:06] Kris : Take a bow Shai – NF is glued to VWAP – and wants to close there!
[15:06] Kris : Red delta/Green Delta – does not matter!
[15:06] Shai : well balanced and sideways till we break that VPOV of the trend day at 8334
[15:06] Shai : Kris :).
[15:07] Shai : If I bow on my desk I’ll ht my forehead 🙂
[15:07] Vikkas C : so a hundred point range 8334 – 8433
[15:07] Vikkas C : brk any side and we initiate
[15:07] Kris : Gap down below 8334 should be interesting on Monday!
[15:07] Shai : Yeah we can add aggressive positions when that range breaks
[15:08] Vikkas C : cool soounds like a plan shai ..thanx 😉
[15:08] Kris : quick premium eating happening!
[15:08] Kris : vix getting down?
[15:11] Kris : All right friends – nothing much to do here.
[15:11] Kris : Happy weekend.
[15:12] Venkatesan : thank you kris, have a nice weekend
[15:12] Shailesh : Thanks Kris
[15:12] r m : Bye Kris, have a great weekend 🙂
[15:12] Vikkas C : happy weekend kris
[15:12] Shai : Good weekend Kris
[15:12] Kris : What I have booked at 64.55 – I am adding at around this place!
[15:12] Shai : Catch up later
[15:12] Ashish : Bye bye kris, happy weekend 🙂
[15:13] Sudhakar : Bye Kris
[15:13] Sankar : Ok All. Happy weekend 🙂 See you all on Monday.
[15:13] ravi c : bye all
[15:19] Sreedhar : Happy weekend all..
[15:21] Tejpreet : Different news from Greece .http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11699599/Greece-is-the-worlds-fastest-growing-champagne-market.html
[15:23] Shai : Wow Tejpreet
[15:23] Shai : some new employment options then
[15:23] Shai : Greek unemployment is currently 25%
[15:23] Vivek K : shai for employment this would be better
[15:23] Vivek K : http://www.punemirror.in/news/world/Japanese-porn-industry-hit-by-shortage-of-men/articleshow/47205992.cms
[15:24] Tejpreet : Greece is tourist haven even for europeans …so it being out of Euro is remote 🙂
[15:24] Vivek K : huge shortage
[15:24] Shai : lol
[15:25] r m : 😀
[15:26] Vivek K : everyone in the room can get the opportunity without harming other guys chances 🙂 huge opportunity
[15:26] Tejpreet : @ Vivek ….maybe they can employ good looking greek men as Shai said unemployment is 25 %.
[15:28] Shai : 🙂
[15:28] Shai : NF did nothing for 2 hours though we could have still implemented that long trade from vwap to 8404
[15:29] Shai : BNF is closing mixd here
[15:29] Vikkas C : carrying shorts ryt ?
[15:29] Shai : try not to be aggressively short in F overnight
[15:29] Shai : yes we are short
[15:29] Ashish : Bye all, happy weekend and stay healthy 🙂
[15:29] Vikkas C : ok thanx shai
[15:29] Shai : Bye all
[15:29] Vivek K : bye everyone,
[15:29] Shai : Enjoy the weekend
[15:30] Shai : Catch up Mon
[15:30] Moses : Bye all
[15:30] Tejpreet : Bye All.
[15:30] Porus : bye all
[15:30] Srini A : Thanks and Bye everyone
[15:30] Vikkas C : bye all happy weekend
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] John : Bye all
[15:30] Shailesh : Bye all enjoy weekend
[15:30] Sudhakar : Bye All and enjoy the weekend
[15:31] Venkatesan : thank you shai, rm and friends
[15:32] Kathir : thanks and bye all
Date and Time: June 26, 2015 09:19:19[08:52] Vikkas C : GM shai
[08:54] r m : Good Morning folks!
[08:54] r m : http://vtrender.com/levels-and-plan-for-26th-june/
[08:54] Shailesh : GM all
[08:54] Sharad : GM all
[08:54] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2506/
[08:55] r m : Nifty JUL Future levels | Key Reference Area 8392 | Hypo1 above 8438➜8466➜8499 SL 8401 | Hypo2 below 8392➜8371➜8356 SL 8428
[08:55] r m : Banknifty JUL Future levels | KRA 18441 | Hypo1 above 18525➜18605 SL 18421 | Hypo2 below 18412➜18355➜18315 SL 18526
[08:56] John : GM all:)
[08:58] Ashish : GM all
[08:58] Suyash : GM all
[08:58] Moses : GM All
[08:59] Shai : GM all
[08:59] Manoj : GM RM
[08:59] Manoj : GM Shai
[08:59] Manoj : GM all
[08:59] r m : Hi Manoj
[08:59] Sudhakar : GM All
[09:00] Tejpreet : GM All
[09:00] Karan : GM all
[09:01] Srini A : GM All
[09:05] Augustin : GM all
[09:05] Kris : Gm All 🙂
[09:06] r m : Hi Kris 🙂
[09:06] Manoj : hi kris
[09:06] Sankar : GM All 🙂
[09:07] Ravi Chahal : GM all
[09:07] Ashish : We have SRK here… Shai,RM,Kris
[09:07] Kris : Hi Rm, Manoj
[09:07] Manoj : how many of us were present in TC15
[09:07] Suyash : I attended the one in goa
[09:07] Suyash : didn’t go for the mumbai one
[09:07] Sandeep : gm ALL
[09:07] Sankar : TC15?
[09:08] Manoj : @sankar trades carnival 2015
[09:08] Suyash : Yes it’s like an annual event for traders. DJ organizes it. His twitter handle is @ra1nbow
[09:08] Sankar : Nice.
[09:09] Sharad : I was there at TC15
[09:12] Sreedhar : Good Morning all..
[09:12] Porus : GM all
[09:12] Dharamveer : Gm Everyone
[09:13] Dharamveer : im at TC Manoj
[09:13] Sumit : GM everyone
[09:13] Venkatesan : gm shai, rm, kris and friends
[09:14] Sumit : Kris, saw the last night transcript, great calls there… wow
[09:14] r m : Hi Venkatesan
[09:14] Kris : Thanks Sumit
[09:16] Sudhakar : gm kris
[09:16] Sumit : Open and low at 8361
[09:20] Sankar : That seems to be a freak low.. it was not there when market started, then got there.
[09:23] Soumya : Good morning friends
[09:23] Venkatesan : shai /rm anomaly 8392 repaired
[09:23] Venkatesan : ?
[09:24] Karan : @Venkatesan Hi I’m new to room
[09:24] Karan : What is refered as Anomaly?
[09:24] Venkatesan : hi welcome karan
[09:24] Venkatesan : ho god , RM please jump in to rescue me
[09:25] Venkatesan : karana i am also new please wait rm will guide u
[09:25] Karan : ok
[09:25] Venkatesan : http://vtrender.com/glossary/
[09:25] r m : @Karan, it is suggested that you go thru reading material on blog first and familiarize yourself with MP, then the answers here will make sense to you
[09:25] Karan : ok
[09:26] Srini A : BNF Hypo2 is playing out
[09:26] Venkatesan : thank you rm
[09:27] r m : welcome 🙂
[09:27] Vikkas C : HCLTECH
[09:27] Sreedhar : Venky Bach gaya..
[09:27] Venkatesan : rm about the anomaly repaired pl?
[09:28] Sumit : rm…vwap at 8389? my system showing 8399
[09:28] Shai : Open very unsettled
[09:28] Sumit : never seen this big a diff.
[09:28] Shai : Sumit there is a trade diff at the lows
[09:28] r m : @Sumit, something wrong with my charts, they are showing June data in July too 🙂
[09:29] Sumit : ok thanks
[09:29] Shai : weakness below 8403 today in NF
[09:29] Shai : 8374 is 1st supp on day
[09:30] Shai : NF is weak now
[09:30] Shai : can drop to 8347
[09:30] Varun : drive outside value
[09:30] Manoj : sell???
[09:31] Shai : 8404 yvwap as bias point of long trade
[09:31] Sankar : its below the KRA levels.. and also VAL.
[09:31] Shai : yes Manoj
[09:31] Manoj : lvls like sl & tgt
[09:32] Shai : Sell NF near 8384- 8388 sl of 8410 tgt 8350
[09:32] Shai : can also sell here
[09:32] Shai : as sellers are coming
[09:33] Sumit : now vwap values hv adjusted… almost same now 🙂
[09:33] Vikkas C : shai BNF positional SELL
[09:35] Varun : wht was yesterday low in july
[09:35] Vikkas C : 8351.25
[09:35] Vikkas C : FUTURES
[09:37] Varun : thnks
[09:37] Vikkas C : 🙂
[09:37] Sankar : 8345.15 is 2 days low.. just below sterday’s low.
[09:37] Shai : Vikkas positional seell on close below 18440 today gets confirmed
[09:37] Shai : I go by daily closing for positional sells
[09:39] Sankar : Shai, NF short still valid, or since it went near tgt and coming up, it is not longer good?
[09:39] Shai : lots happening in the first 20 mins
[09:40] Karan : with sl 172 tgt 180
[09:40] Karan : GATI looks good for intraday
[09:40] Shai : Sankar sell good till vwap stays now
[09:40] Sankar : Great.
[09:40] Sankar : Tx
[09:40] Vivek K : shai any improvement in amtekauto structure? has taken out 157 as of now
[09:41] Manoj : wht is the extended tgt of nf shai
[09:41] Shai : we watch 18355 now in BNF for sellers
[09:42] Shai : Manoj 8320 below these lows
[09:42] Shai : 8320/ 8294
[09:43] Kris : Those 7900PE which were carried – part booked at 58. Rest will decide at EOD
[09:43] Shai : buying response has come near 8353
[09:43] Shai : let’s see if it is good enough to take out vwap
[09:44] Manoj : R these OTF buyers
[09:45] Shai : can’t say yet
[09:45] Manoj : ok
[09:45] Shai : If they are then vwap will be conquered easily
[09:45] Shai : highvol in first 15 mins
[09:46] Shai : note that 18L today
[09:46] Manoj : might B cozz of 1st day of new series
[09:46] Shai : Open is a drive – vwap plays a role now for next few hours
[09:47] Sandeep : VWAP CURRENTLY AT 8382 ?
[09:47] Manoj : 8382.5 right ??
[09:47] Varun : if we take out the lows of morning, looking for a trend day down, lets see
[09:47] Varun : with vwap as stop
[09:48] Shai : yes
[09:48] Manoj : thanks
[09:48] Shai : looks like those greens at lows are short covering
[09:49] Shai : as we hesiste at vwap
[09:49] Shai : hesitate
[09:49] Manoj : varun bhai even i think so cozz on spot Y’day we had a double top kind of formation
[09:50] Manoj : on spot as per me 8340 below which 8265 is possible
[09:50] Manoj : VWAP broken 🙁
[09:51] Shailesh : Close the shorts?
[09:51] Shailesh : i mean cover ?
[09:52] Shai : No sell is active
[09:52] Shai : We will keep the sell active here – let’s give the open drive a chance
[09:52] Shailesh : ok shai
[09:52] Shai : if 8347 breaks add for 8320/ 8293
[09:54] Kris : Shai – first day sell offs generally will be quite deep – holding shorts is better.
[09:55] Varun : more conformation_ fails to enter value area
[09:55] Kris : specially – let us not forget Nifty had continuous 8-9 days of positive closes.
[09:55] Ravi Chahal : entered 8400 PE at 160
[09:55] Varun : hw abt testing vwap of june- 8180 😉
[09:55] Shai : @Varun what is the word you use for settlement?
[09:56] Vikkas C : CLEARING
[09:56] Varun : clearing
[09:56] Shai : Nice. Thanks
[09:56] Shai : I prefer to use that 1 too 🙂
[09:56] Varun : 😉
[09:56] Kris : @Ravi – you know better – but – first week of a new series is generally not a good time to enter ITM options.
[09:57] Vikkas C : huge vols in 8100pe
[09:57] Shailesh : Kris entered PE 8200 @91…wht wud be the first target ?
[09:57] Shai : lots of sellers
[09:58] Kris : Chalo Varun – let us try – we are 180 points away! 🙂
[09:58] Ravi Chahal : ok Kris
[09:58] Varun : we could do a 100 below 8354
[09:59] Ravi Chahal : so u suggest 8100PE?
[09:59] Kris : BTW, did not reiterate – as Shai also suggested the same – I am in NF short at 8410, BN short at 18410.
[09:59] Kris : Hoping for day low closes in both – will update if I part book.
[10:00] Kris : As a practice, I do not trade current month options for first week.
[10:01] Shai : BNF 18140 is a realistic tgt today
[10:01] Kris : I feel too much premium adjustment – if I do – I will update.
[10:01] Shailesh : Ok Kris will keep that in mind
[10:04] Tejpreet : Shai Axis bank views entered short at 566 futures.
[10:06] Ravi Chahal : ok
[10:07] Shai : axis cash will get momentum only when 560 cash breaks
[10:07] Shai : is weak below 566 on intra but shorts will cover if 567 crossed
[10:08] Tejpreet : Tthanks for the details.
[10:15] Vikkas C : shai views on bharatforge ?
[10:19] Shai : Bforg see resistance building at 1149- 1153 supp at 1120 now
[10:19] Shai : vols not suggesting a big move
[10:19] Sankar : Shai, how does the 8410 comes? above sterday’s vwap?
[10:19] Vikkas C : ok thanx shai
[10:20] Shai : 8404+ filter
[10:20] Shai : yesterday was an uptreding day so the vwap had buyers yesterday
[10:21] Shai : If you see y’day charts we held vwap all day
[10:21] Shai : and that was 8404
[10:21] Shai : so bias turns down below it
[10:21] Sankar : Ok.
[10:22] Sankar : So, though its making higher lows from day low (today), we are still holding bearish view as long as this vwap is held..
[10:23] Shai : No estimate int the day was 8356 holding as we are into a balance
[10:23] Shai : but since we see an open drive we are giving additional weight to a possible down move
[10:23] Sankar : Ok.
[10:23] Shai : (09:31) Shai :8404 yvwap as bias point of long trade
[10:23] Shai : (09:29) Shai :weakness below 8403 today in NF
[10:24] Shai : (09:46) Shai :Open is a drive – vwap plays a role now for next few hours
[10:24] Tejpreet : Shai can”t see dpoc in Nifty.
[10:24] Shai : 8382
[10:24] Sankar : Cool Thanks.
[10:27] Sreedhar : Varun must be smiling.. : )
[10:31] Soumya null : shai should we square off shorts as price holding abv vwap
[10:33] Shai : No hold sl 8395 now
[10:34] Shai : actually hold 8405
[10:34] Shai : let’s give it time to move
[10:35] Sankar : ok.
[10:35] Soumya null : ok thanks
[10:36] Sankar : Shai, will u consider the price bars or only the levels or buyers/sellers here?
[10:36] Sankar : ofcourse along with the vwap/mp levels.
[10:38] Manoj : 567 i guess axis faced rejection i sold @566 purely intra trade wht shuldbe sl & tgt
[10:38] Shai : Market profile is about current price action w.r.t where value was seen yesterday, so all lvels based on yesterday buying/ selling as also previous
[10:38] Sankar : ok tx.
[10:41] Shai : 568 + filter : 568 being poc yesterday
[10:41] Shai : intra
[10:41] Shai : be back in a few mins
[10:41] Manoj : filter???
[10:41] Tejpreet : Manoj (10:07) Shai :axis cash will get momentum only when 560 cash breaks(10:07) Shai :is weak below 566 on intra but shorts will cover if 567 crossed
[10:43] Kathir : GM Shai RM all friends
[10:44] Manoj : hi Kathir
[10:46] Augustin : @Shai – Basic question. How do you find out if a particular seller or buyer who is trapped hass exited or not?
[10:49] r m : Hi Kathir
[10:52] Rajat : Hi Shai
[10:52] Rajat : What is IPM??
[10:55] r m : @Rajat, used where? should be initiative price movement
[10:56] Rajat : Shai has used this in his last blog. Anyway thanx
[10:58] r m : generally buying above VAH and selling below VAL should be considered initiative buying or selling
[10:58] Porus : RM, ‘initial price movement’
[10:58] r m : ok
[10:59] Rajat : Thanx Porus
[11:00] Porus : Used on this page
[11:00] Porus : http://vtrender.com/steidlmayer-distribution-4/
[11:01] r m : Thanks Porus
[11:01] Porus : wc
[11:01] Ashish : Guys, decided no trade to be taken against flow of this room… whatever happens
[11:02] Vikkas C : BNF has been seeing red delta since the past 20 mins but price is almost same ..noticed the same thing yesterday with green delta for almost 5-6 bars and then shot up
[11:02] Varun : dump
[11:03] Vikkas C : @RM am i on the ryt track ?
[11:03] Ashish : yeah vikas…
[11:03] Ashish : happened too yesterday
[11:03] Vikkas C : 🙂
[11:03] Ashish : varun’s dump is here
[11:04] Varun : 55-96 whtever breaks shld give a 40-50 point move, skew neagative
[11:04] Ashish : ok varun…
[11:05] Ashish : Shai, RM – What’s weekly VWAP in Nifty?
[11:05] r m : @Ashish, my charts gone for a sixer 🙂
[11:06] Ashish : ohhh, hope they will be OK soon..
[11:06] Varun : break this 5525 seller
[11:07] Varun : ky ayaar
[11:07] Varun : buyer
[11:07] Varun : seems two timeframing on, shai can tell better
[11:07] r m : @Ashish, some issue with NT, is not saving data so I am only seeing the last bar 🙂
[11:08] Ashish : OK RM, no issues
[11:08] Manoj : yaar yaha varun waha Twitter pe jay these r only 2 time frames i guess
[11:08] Manoj : one always bullish until i seen & other opp
[11:20] Ashish : Positional sell triggered in BNF?? via @V20F
[11:22] r m : Positional stops and targets as per Prime levels, better to check with Shai before fresh entry
[11:23] Ashish : yes RM, Shai is looking on daily timeframe for positional calls
[11:23] r m : ok
[11:23] Chetan : rm i am not getting these prime levels in my mail….
[11:24] Chetan : i am not getting any mails from vtrend
[11:24] r m : just bookmark the above sheet, it is here in the room as well in bottom right corner under Documents
[11:24] Vikkas C : @chetan bottom ryt side of the scrren documents ..
[11:24] Chetan : i had sent complaint mail,but still no response
[11:25] r m : @Chetan, will remind Shai to include your email addess in mailer 🙂
[11:25] Chetan : ok thanks
[11:25] r m : the mailer only contains links to all the posts in blog the previous day
[11:26] Varun : any one knows wht we get if we see a 45 degree profile
[11:26] r m : I don’t even know what is a 45 degree profile 🙂
[11:27] Varun : i think i read somewhere
[11:27] Vivek K : 45 is in MOM
[11:27] r m : ok
[11:27] Porus : dalton explains it
[11:27] Varun : see d-g-h-
[11:27] Varun : from top
[11:28] Varun : and wht does dalto say
[11:28] Varun : can anyone tell
[11:28] Varun : cos we have a poor low in todays profile
[11:28] Sankar : NF trying hard to stay below vwap.
[11:28] Varun : which shld break
[11:28] Varun : abt 45 degree
[11:29] Sankar : @Shai, can this recent high made can be a good SL update?
[11:29] Tejpreet : Varun 45 degree line on this link http://www.jdaltontrading.com/author/jdaltontradinggmail-com/
[11:30] r m : Thanks Tejpreet
[11:32] Ashish : Thanks Tej.
[11:32] Varun : thanks tejpreet
[11:32] Varun : but i could not get out wht he meant, as its marklet time will read more after mrkt
[11:33] r m : @Varun – https://www.youtube.com/watch?v=uM6NWyNqlqw
[11:33] r m : http://screencast.com/t/GrJz2RqzJ
[11:34] Shai : Sell BNF 18285 and 18320 in 2 parts sl of 18365 tgt 18200/ 18140
[11:34] Varun : shai bnf more weak for shorts. non over lap
[11:35] Varun : most of the value infact outside range
[11:38] Hemant : Shai, can execute a butterfly here? (Not the real kill) 🙂
[11:38] r m : 🙂
[11:38] Sankar : lol
[11:42] Shai : Yes Varun 2 day lows at 18327 and 18295
[11:42] Karan : Shai your view on SKS Micro
[11:43] Ashish : Shai, weekly VWAP and VAL please?
[11:44] Shai : @Rajat – Initial price Move is IPM
[11:44] Shai : More here : http://vtrender.blogspot.in/2011/04/steidlmayer-distribution.html
[11:46] Shai : @Asish weekly vwap july F at 8383
[11:46] Ashish : Thanks Shai… VAL also..
[11:47] Shai : @Chetan we only send a daily mail which has the most recent blog posts
[11:47] Shai : check your promotions tab if you are not recieveing it off late
[11:47] Shai : Google puts it there after a while
[11:50] Tejpreet : Shai views on Bajaj Auto for positional play has been running up …short on break of what lvls.
[11:50] Shai : sellers adding in NF
[11:50] Sankar : @Shai, can NF Sl be updated, as it spent sometime above vwap and now below it.. so the recent high can be an SL?
[11:50] Sankar : or SL udpates are not based on that?
[11:50] Shai : Ashish dev VAL at 8372F
[11:50] Shai : Sankar 8395 but I prefer 8403
[11:51] Shai : still a normal day
[11:51] Sankar : Yes, you have mentioned. I have it at 8405 which u said last time.
[11:51] Ashish : Thanks a lot Shai 🙂
[11:51] Shai : that initial short covering reduced momentum down
[11:51] Sankar : ok.
[11:51] Shailesh : China down 8% freak
[11:54] Shai : Karan – SKS micro flattish here at 454- 457. I think the trade here is On MOnday/ tues when it starts moving out from here
[11:54] Shai : may finish today here
[11:54] Shailesh : Shai do you track global indices?
[11:56] Shai : bajajauto momentum still up ad a safe short position only when 2488 breaks
[11:56] Shai : avoid shorting for now- let long liquidati come first
[11:56] Hemant : Shai, the butterfly to execute or not to? 🙂
[11:57] Tejpreet : Thanks Shai will wait for confirmation …as positional play.
[12:02] Manoj : OMG look @ hangsheng
[12:02] Manoj : maaza aajaye if nf also fall the same
[12:03] Ashish : Kyoon nahi bhai, nifty 0 hi kyoon na ho jaaye 😉
[12:03] Rajat : Hi Shai
[12:04] Rajat : I’m already holding a long position in NF put. Should I hold it??
[12:04] Shai : yes
[12:04] Hemant : Seems like the butterfly is going to sly away 🙂
[12:04] Shai : Hemant Butterfly in?
[12:05] Shai : 18240
[12:05] Shai : below IBL now
[12:05] Hemant : Shai, 8800 CE buy 7800 PE buy sell 8400 CE and 8200 PE?
[12:05] Hemant : Something like that will do for next couple of days?
[12:06] Shai : ok
[12:06] Manoj : shai u feel nf will fall more thn 120 pts today ?? like do 8300-8280today
[12:06] Shai : stengthen the hedge if 8180 spot breaks
[12:06] Manoj : nfty fut i m talking
[12:06] Manoj : about
[12:07] Rajat : I’m flat in Bank NIfty. Shall I take fresh position in it?
[12:07] Shai : Manoj so far vols are not pointing to that range maybe 8340 on this volume
[12:07] Manoj : ohh ok
[12:08] Shai : Yes Rajat we went short in BNF intra dn postional
[12:08] Shai : sell the rises in BNF
[12:10] Kris : @Shai – 18140 looks very near – any further downside points?
[12:10] Kris : 🙂
[12:11] Shai : Cipla lighting up my screen . looking at 653 immediately
[12:11] Sankar : 8350 🙂
[12:12] Vikkas C : WHAT WUD BE sl IN CIPLA SHAI
[12:12] Kathir : @SHAI SHOULD WE EXIT NF SHORT NEAR 8340 OR HOLD
[12:12] Sankar : 8350 was the tgt given.
[12:13] Shai : Vikkas positional 598 sl
[12:13] Shai : has a tail there
[12:14] Shai : Kris 18072? intra
[12:15] Shai : Kathir always part book at tgt 1
[12:15] Suyash : 87527 seller trapped?
[12:15] Kathir : ok thanks
[12:16] Shai : yes could be bad entrries on new shorts at that number Suyash
[12:16] Suyash : ok shai
[12:17] Shai : that’s about 3500 lots and maybe mixed
[12:17] Shai : they will manage a 30 point stop
[12:17] Varun : wvap visit on cards
[12:18] Shai : yes possible
[12:18] Shai : if NF exit did not happen near 8350/ 55 can book and wait for a new short higher
[12:19] Kris : @Shai – that sounds more interesting!
[12:19] Varun : not even a stop trigger
[12:19] Varun : at 50, he will run for cover
[12:19] Shai : This 1 : (09:32) Shai :Sell NF near 8384- 8388 sl of 8410 tgt 8350
[12:20] Shai : New trigger could be vwap selling or a break below IBL after 1.30
[12:20] Vikkas C : thanx shai
[12:22] Kris : @Varun – vwap visit will be nice – booked a few shorts in BN at WkLow and NF at 8350!
[12:22] Kris : need to add them back!
[12:22] Venkatesan : kris you r one of the 41250 buyer at 8350?
[12:22] Venkatesan : or all yours
[12:22] Venkatesan : ?
[12:23] Kris : @Venkatesan 🙂
[12:23] Kris : I am a peanut trader!
[12:23] Venkatesan : :))
[12:25] Kathir : @venk all big orders from DD guy
[12:25] Varun : watch out for sellers ar vwap, sometimes on normal days it could a ib high too, as inventory went short at lows
[12:25] Ashish : @Kris, if you are a peanut trader, then we should ne microscopic 😉
[12:26] Kathir : 🙂 virus traders
[12:26] Varun : if this turns green+ vwap, we could do ib high
[12:26] Hemant : 🙂
[12:27] Venkatesan : hi kathir where is FII rm rk?
[12:27] r m : @Vemlatesam, I am MII (micro) 🙂
[12:28] r m : *Venkatsan
[12:28] Venkatesan : m means rm?
[12:28] Varun : singles gone
[12:28] Venkatesan : micro good
[12:28] Ashish : 18200 BNF
[12:29] Shai : bnf NEAR tgt1 – (11:34) Shai :Sell BNF 18285 and 18320 in 2 parts sl of 18365 tgt 18200/ 18140
[12:29] Kris : @Shai – green delta just below IB low – shorts covered or new buying?
[12:30] Shai : Kris looks like dip buyers
[12:30] Ashish : Shai, 18200 is the exact low…take a bow
[12:30] Shai : but that pink in BNF is unrelenting
[12:31] Shai : will push it down
[12:31] Sankar : Tgt 1 done in BNF.
[12:32] Shai : hold some part of BNF- we have a nice trigger today at 2 day lows
[12:32] Soumya : i covered shorts at 8350
[12:32] Soumya : had missed the first time it reached there
[12:33] Vivek K : buyers coming in shai in NF at lows?
[12:34] Kathir : @venk FII RK will not come today..may be eve possible..some of his relatived met with accident near krishnagiri he is there
[12:34] Ashish : LVN + 0 in BNF
[12:34] Shai : No buyers
[12:35] Shai : some panci
[12:35] Venkatesan : shai npoc support?
[12:35] Sreedhar : NF can we enter short here..Shai..
[12:36] Rajat : next target of nifty??
[12:36] Soumya : +1 – where can be enter new shorts
[12:37] Shai : Let is setlle a bit here
[12:37] Ashish : Shai, responsive buying in BNF
[12:37] Shai : watching response 8335 spot
[12:38] Soumya : oh yes.. that was one important level..
[12:38] Shai : not suggesting new short NF here
[12:38] Shai : if holding old then vwap sl else wait
[12:38] Kris : lost connection!
[12:42] Shai : Let’s keep a sell order in NF at 8361 sl of 8383 tgt 8324/ 8296
[12:43] Sudhir : sir now r v short on nifty still
[12:43] Sudhir : its confusing
[12:43] Sudhir : trgt50 achived
[12:43] Shai : positional short
[12:43] Shai : Im updating intra
[12:43] Shai : No confusion
[12:43] Sudhir : k and bn is also poz sir
[12:44] Shai : It’s just that we have a positional triggreed smae time but we don’t get positional every day
[12:44] Sudhir : k
[12:46] Soumya : what can be a good price to add cipla shai – now at 615 from 620
[12:47] Shai : around 605
[12:47] Soumya : awesome.. thank you shai !!
[12:50] Manoj : 8361 sell triggred
[12:51] Rajat : shall we enter for fresh intra positions
[12:52] Vivek K : amazing range by MS. MorganStanley on China: Cuts Shanghai Composite target range to 3250-4600 from 4000-4800 earlier. Probably not a dip to buy into China.
[12:52] Tejpreet : Shai BN lvls to reneter shorts.
[12:54] Ashish : Shai, can short BNF here with VWAP + filter as SL?
[12:56] Vikkas C : what happened ..so much of green
[12:57] Ashish : BN stuck @ IBL
[12:59] Vikkas C : vwap selling happening in NF
[12:59] Vikkas C : shai J period ..is that a poor low ?
[12:59] Ashish : looks like vikas
[13:00] Shai : BNF re enter shorts here
[13:00] Shai : NF short triggered
[13:00] Ashish : Thanks Shai
[13:00] Manoj : thanks shai
[13:01] Ravi Chahal : tgt for bnf?
[13:02] Shai : same 18140
[13:02] Sankar : SL also same?
[13:02] Sankar : 18365?
[13:02] Shai : some more buyers in NF
[13:03] Shai : vwap imp point again
[13:03] Manoj : do we need to change sl in nf ???
[13:03] Shai : sl 18310 in BNF
[13:03] Dharamveer : tgt for sbi f?
[13:04] Rajat : Holding short position in NIFTY @ 8361. Let see
[13:05] Shai : enter sl in system
[13:05] Shai : NO additional selling seen at 8361
[13:05] Shai : lets exit NF short here
[13:06] Manoj : ok
[13:06] Shai : this can run to 8394
[13:06] Shai : exit that new bnf short also
[13:07] Kris : here is vwap that Varun mentioned in NF
[13:07] Shai : there were buyers below IBL but was leaning on new selling coming near 8360- 8365
[13:07] Shai : so far not seen
[13:08] Ashish : OK shai
[13:08] Sankar : Ok closed all ..
[13:08] Sankar : delta in NF was a big red around 8365.. thought its bearish..
[13:09] Sankar : but yeah I could be missing other facts, as delta is the only thing I understood now :).
[13:10] Hemant : Shai, why not push sl for nf short to above 8394 & add to the current short? Just curious
[13:11] Shai : We are flat intra day now
[13:12] Shai : Heamnt cos new selling did not show up below IBL and 80% cases it means day low done
[13:12] Shai : *Hemant*
[13:12] Hemant : Ok Shai got it
[13:13] Vikkas C : what just happened in dlf and hdil
[13:13] Vikkas C : gone bonkers
[13:14] Shai : NF composite Bell Curve now based on tis rderflow
[13:14] Shai : Sell high buy lows
[13:14] Suyash : some news probably in real estate stocks
[13:14] Shai : remeber I said quiet period ahead yesterday
[13:15] Vikkas C : so nifty shud be sold close to 8400
[13:15] Shai : 8396
[13:15] Vikkas C : ok thanx
[13:15] Shai : 18344
[13:15] Srini A : Wow, 8396 already. Thanks Sha for protecting the profits
[13:15] Srini A : Shai
[13:15] Shai : 🙂
[13:15] Sudhakar : good call shai
[13:15] Shai : Let’s thank the OrderFlow- It does not lie
[13:16] Sankar : lol.
[13:16] Srini A : This is what I used to miss so far 🙂
[13:16] Shai : that seller at the open is still there 8404- 8410
[13:16] Soumya : tahnk you shai
[13:16] Soumya : thank you shai
[13:17] Shai : small trade : Buy NF near vwap 8372 / 8374 with sl of 8350 tgt 8404
[13:18] Shai : Welcome Soumya
[13:20] Srini A : It seems to be accepting yesterday’s VAL now
[13:20] Hemant : Stop loss got hunted and now “rotations” I’m gong to do a head spin now
[13:21] Vikkas C : shai is there a poor low ?
[13:21] Ashish : lol hemant
[13:22] Srini A : Sudden change in weather 🙂
[13:25] Hemant : Gut feel, might be wrong here, NF short will trigger again some time in the near future today 🙁
[13:27] Shai : No Vikkas
[13:27] Shai : BNF is a short again intra sl of 18360 tgt 18230
[13:27] Shai : can short below vwap to be safe
[13:28] Vikkas C : ok shai
[13:28] Shai : Ignore that NF long at vwap
[13:28] Manoj : nf buy & bnf sell onewill eat sl right ???
[13:28] Shai : let’s give it a miss
[13:28] Manoj : ohh ok
[13:28] Shai : NF may just choose to settle here for now and close
[13:29] Vikkas C : shai one visit back to 8350 possible before close ?
[13:29] Shai : if vwap breaks
[13:29] Vikkas C : ok thanx
[13:34] Vikkas C : shai ..price going up but delta is red ..confusion
[13:43] Venkatesan : vikkhas 5 mt or 15mt chart?
[13:44] Vikkas C : 5 mins ..talking from 13.15 to 13.30
[13:46] Venkatesan : see vikhas delta red is reducing from 1315 hrs to 1335 hrs , that means selling coming downn and buyin jumping up so too price
[13:47] Vikkas C : yeah figured it out …thanx venkat 🙂
[13:47] Venkatesan : welcome
[13:47] Suyash : shai positional system has reversed all longs in nifty and banknifty. Does it mean just an exit of long or initiating of short too?
[13:48] Shai : we are short
[13:48] Ashish : yep
[13:48] Shai : to Suyash on that positional
[13:48] Suyash : at 8359 ?
[13:48] Suyash : that is when the system turned short right?
[13:48] Shai : yes
[13:49] Ashish : BNF sell also triggered Shai.
[13:49] Shai : yes
[13:49] Suyash : thanks for the clarification shai
[13:49] Vikkas C : pink aa jaao yaar
[13:50] Vikkas C : aayaaa
[13:50] r m : hypnosis 🙂
[13:50] Vikkas C : 😉
[13:52] Rajat : Stop loss for Nifty Short
[13:52] Manoj : shai any intraday trade in nifty???
[13:52] Rajat : ?
[13:52] Srini A : Its still holding VWAP?
[13:53] Vikkas C : thats the issue srini ? thodo usko
[13:53] Srini A : May be we should start the weekend early 🙂
[13:54] Vikkas C : lets the games begin soon
[13:56] Vikkas C : games will begin only when the master orders ..and its waiting for his orders
[13:56] Srini A : Yes
[13:57] Tejpreet : Vikkas (13:14) Shai :remeber I said quiet period ahead yesterday. 🙂
[13:57] Vikkas C : @tejpreet i only want 8350 ..not asking for much
[13:58] Vikkas C : 🙂
[13:58] Tejpreet : Guess 8350 can come quietly in a quiet period.
[13:59] r m : lower boundary of quietness 🙂
[13:59] Vikkas C : today room is also silent ..guess all getting ready to celebrate the weekend
[14:00] Venkatesan : rm selling tail otf kris and buyin tail otf rk are left only we the locals are here, am i correct rm?
[14:02] Srini A : 🙂
[14:03] r m : I wish it was so 🙂
[14:03] Venkatesan : I too
[14:04] r m : normally you will find Kris buyig PE at selling tail and CE at buying tail 🙂
[14:04] Rajat : Shai, are you still short on VWAP ??
[14:04] Venkatesan : yes shai he is xpert in option
[14:04] Venkatesan : shai sed
[14:05] Rajat : what is sl ??
[14:05] Vikkas C : shai views on TCS ?
[14:05] Sreedhar : Todays low poor low? RM
[14:06] Sankar : @Rajat, BNF sl is 18360. NF Shai said has become flat.. probably no trades?
[14:06] Sankar : thsi is with respect to intraday.
[14:06] Sankar : NF is also staying above vwap .. not yet broken down vwap.
[14:06] Vikkas C : @sreedhar i asked the same ? to shai ..he said its not a poor low
[14:07] Vikkas C : @RM @RK TCS view dedo koi ?
[14:07] Sreedhar : ok Thanks Vikkas..
[14:08] Vikkas C : 🙂
[14:08] Shai : Rajat we dropped out of that NF long idea
[14:08] Shai : (13:28) Shai :Ignore that NF long at vwap
[14:08] Shai : (13:28) Shai :NF may just choose to settle here for now and close
[14:09] r m : @Vikkas, Shai gave short stop at 2588 on 23JUN, 2584 high so far!
[14:09] r m : TCS
[14:09] Vikkas C : thanx RM 🙂
[14:11] Vikkas C : maruti and bajaj whatta rally ..
[14:11] r m : yeah, powerful engines 🙂
[14:12] Sankar : 😉
[14:12] Srini A : Curiously, in 10 min for NF and BNF seems to be making lower highs and higher lows.
[14:12] Vikkas C : looks hero also making an effort to start its engines
[14:13] Tejpreet : Bajaj looking a tempting short around 2500 F hit yesterday expiry spike high ……but no pre emptive trades as per Shai n RK.
[14:15] Vikkas C : yeah ard 2500-2525 looks short with small stop of 20 points
[14:15] Srini A : break out then
[14:15] Sankar : @Srini, in all timeframes NF is doing that.. we broke low day before sterday.. then high sterday.. again low today.. 😉
[14:16] Kris : @Varun – that is awesome work! – Here is day high!
[14:16] r m : day high in NF
[14:16] Srini A : yeah Shankar. some impending big move, looks like
[14:17] Srini A : Thats really awesome Varun to predict that!!
[14:17] Kris : Bought 8100PE July at 54. Will carry over the weekend.
[14:21] Kris : Test!
[14:21] Ashish : OK kris
[14:21] Kris : Ok – I am online – surprised to find no reaction! 🙂
[14:21] Sandeep : everyones on a slumber
[14:21] Ashish : guess all are filling orders 🙂
[14:21] Vikkas C : we all ran to buy the 8100pe 😉
[14:22] Manoj : same me also
[14:22] Ashish : got it @ 58 😉
[14:22] Sankar : lol.
[14:22] Sandeep : kris when you feed your order , let us know
[14:22] Sudhir : will wait till 3 20 for option trade
[14:22] Sandeep : good for lesser mortals like us
[14:23] Sandeep : we can also catch the lows and highs like you
[14:23] r m : delayed msgs on my chat Kris
[14:25] Ashish : Kris, you do options in bank nifty??
[14:25] r m : this is a overnight trade
[14:26] Ashish : trade options *
[14:26] Tejpreet : Shai SL for positional BN shorts is 18570,right.
[14:27] r m : today it is my turn for delayed chat 🙂
[14:28] Kris : @Ashish – no. BN I do futures.
[14:28] Ashish : ok kris
[14:29] Kris : @Sandeep – I try to communicate as fast as possible
[14:29] Sandeep : ya thanks for the same
[14:29] Kris : Well – just to clarify – my trade got executed at 54.65.
[14:29] Sandeep : was just in jest
[14:29] Kris : I bought at market price at that moment.
[14:30] Sandeep : 🙂
[14:30] Kris : Some one on twitter was saying low is 54.15 !
[14:30] Vikkas C : dont bother kris
[14:30] Sandeep : people want to deride you
[14:31] Sandeep : they get some enjoyment doing this
[14:32] Sankar : lol.. he is worried about that 15 paisa.. 😉
[14:32] r m : @Kris, 90% of folks on twitter won’t know how to initiate a trade but have deep technical knowlege to criticise 🙂
[14:32] Vikkas C : +1 RM
[14:32] Manoj : +1RM
[14:33] Sankar : Nice RM 🙂
[14:34] Kris : Yes RM – took one retirement from Twitter trades – on something similar!
[14:34] Ashish : 2 LVN’s very close to each other… any reason??
[14:34] Ashish : in BNF
[14:34] Kris : It is a tough thing to trade – and – tweeting them live is quite strenuous exercise!
[14:35] Ashish : 8100 PE – 63
[14:35] r m : yep and then folks want you to tweet at the exact time the trade triggered 😀
[14:35] Vikkas C : thats the main reason for me beng just a silent follower ..no opdates on twitter from myside 🙂
[14:37] Ashish : again VWAP
[14:38] Kris : Part booked at 65. Just as a habit. But I am carrying significant portion for next week.
[14:38] Ashish : roger Kris…
[14:38] Sankar : Nice Krish. Any tgt to watch for?
[14:39] Kris : @Sankar – I will update – I generally keep an open mind!
[14:39] Kris : What if market wants to give 300 🙂
[14:39] Venkatesan : :)))
[14:39] Sankar : lol :). I luv your open mind now.
[14:39] Ashish : 🙂 🙂 🙂
[14:40] r m : 🙂
[14:41] Ashish : more sellers coming
[14:41] Vikkas C : kris if that happens then a big party from all of us to u 😉
[14:41] Ashish : ohh yes vikas.. sure
[14:42] r m : @Vikkas, what will a teetotaller will do at the party? 🙂
[14:42] Vikkas C : haha
[14:42] Venkatesan : can enjoy side dish rm
[14:42] Ashish : lol venkat
[14:42] r m : 🙂
[14:42] Vikkas C : or some MILK :p
[14:42] Venkatesan : rm ru veg or non
[14:42] Vivek K : is kris a teetotaller?
[14:42] r m : yes
[14:42] r m : not me
[14:43] Manoj : rm veg or non veg in food???
[14:43] r m : egg, fish rest veg 🙂
[14:43] Venkatesan : yes, wat else manoj?
[14:43] Vikkas C : as manoj said on twitter ..DRINK DOUBLE SEE TRIPLE AND STAY SINGLE …
[14:43] Vikkas C : hahahha
[14:44] Tejpreet : Shai can you refresh the chart green 206975 at 8404.
[14:44] Manoj : thts true naa??
[14:44] Vikkas C : sorry ulta bola naa lekin
[14:44] Vikkas C : drink triple see double and stay single
[14:44] Shai : stuck buyers at 8404
[14:45] Manoj : i was triple drunk whn writing
[14:45] Vikkas C : hahahhahahaha
[14:45] Tejpreet : So this fall due to LL.
[14:45] r m : lol 🙂
[14:46] Kris : hmm… when I typed exit at 65 – some one is pointing that 64.7 is high!
[14:46] Shai : Positional sell stops were updated on twiitter some time back
[14:46] Vikkas C : hahah kris
[14:46] Ashish : hahaha kris….
[14:46] Kris : I repeat friends – I sell and buy at market price – except on rare occasions – like yesterday 8450PE buy.
[14:46] Manoj : ha ha kris
[14:47] Sreedhar : forget those trolls Kris.. we are very happy at you..
[14:47] Vikkas C : we are not here to question u kris ..infact its a gr8 learning from u
[14:47] Ashish : send that someone to kashmir, i have enogh crackers to blast him off..
[14:47] Kris : I want to inform quickly so that others can take action – so – there can be a few paise wrong here and there – the purpose is not to show bloated profits – but – to indicate an exit.
[14:47] Venkatesan : ::))) ahishs we manufacture near my home
[14:47] Shai : That is Kris from yesterday
[14:48] Sreedhar : LOL venky,,
[14:48] Ashish : ok venkat…but we blast here 😉
[14:48] Sudhir : lets keep it to point why peronal attacks
[14:48] Sankar : anywah, its beyond 65 now.. he can happily book..
[14:48] Ashish : cool Shai…
[14:48] r m : after seeing that screenshot you guys would change your mind and ask Kris to give a party 🙂
[14:49] Ashish : hahaha RM
[14:49] Sankar : just one party?
[14:49] Venkatesan : Shai mp typical bell shape nah?
[14:49] Shai : yes rotational profile
[14:49] Shai : vwap close exp
[14:49] Vikkas C : kris deserves a party period
[14:49] Venkatesan : ok thank u
[14:49] Sandeep : shai holdinf some bnf shorts , carry ?
[14:49] Shai : yes
[14:50] Sandeep : okay thanks
[14:50] Vikkas C : holding NF and BNF both
[14:50] Shai : 1st day of the series don’t carry large
[14:50] Varun : wazz up room
[14:50] Varun : just logged in
[14:50] Shai : will update blog on sunday with next week view
[14:50] Varun : @kris we did ob high
[14:50] Venkatesan : varun congrates
[14:51] Kris : @Varun – I said a thanks to you!
[14:51] Varun : i just logged in
[14:51] Varun : dnt know wht happnd
[14:51] Kris : I loaded shorts full – and exited part already below vwap!
[14:51] r m : @Varun, just the usual, Kris printed more greenbacks 🙂
[14:52] Tejpreet : Is there any search option in the chats ?
[14:52] r m : here or in blog?
[14:52] r m : here you can right click and search
[14:53] r m : univesal CTRL + F also works
[14:53] Tejpreet : In the chat … yeah got it in the settings.
[14:53] Tejpreet : Thanks.
[14:53] r m : welcome
[14:53] Vikkas C : ctrl F damnn..didnt know it works here ..
[14:54] Vikkas C : super
[14:54] r m : bill gate is like God, everywhere 🙂
[14:54] Vikkas C : hahaha
[14:54] Vikkas C : not a gates fan though ..
[14:55] r m : yep, google fan
[14:55] Ashish : Shai, buying or selling @ VWAP in NF?
[14:56] Shai : both happening
[14:56] Shai : could be adjusting for weekend
[14:56] Varun : we have a poor high and low, seems more rotation
[14:56] Ashish : OK shai, thanks
[14:56] Kris : @Varun – Shai said one week of sideways!
[14:57] Kris : Me thinks a Black MOnday 🙂
[14:57] Shai : I think Greece is tues
[14:57] Vikkas C : no greece is tomo
[14:57] Shai : so that Mon is imp
[14:57] Vikkas C : payment is 30th
[14:57] Manoj : kris i m holding big chunk of 8300pe @110 is tht fine or hold 8100 as u told ???
[14:57] Shai : yes 30th for default
[14:58] Vikkas C : yes shai
[14:58] Kris : @Manoj – first day such near options is risky na?
[14:58] Kris : Any way – I am holding PE for Monday.
[14:58] Kris : If you change – you can in profit – it will be leser risk na?
[14:59] Shai : Manoj don’t go large on 1st day
[14:59] Kris : And – if a fall comes – VIX increases – so your return does not decrease too much!
[14:59] Manoj : i thought if fall comes my 8300 pe will run faster
[14:59] Manoj : ok thanks for alerting me
[15:00] Manoj : i will half the qty & go 4 8100
[15:01] Sreedhar : Shai any poor structure in ysterdays up move?
[15:01] Shai : Yes Sreedhar there was at 8392
[15:01] Shai : but now repaired
[15:01] Sreedhar : ok.. Thanks..
[15:02] Shai : today’s profile takes away a buying tail frm 23/06 and 25/06 so negative on positional
[15:02] Shai : but momentum down may still not be huge
[15:04] Vikkas C : shai booked half Nf @ 8370
[15:04] Varun : shai at wht time we can say one time framing or two time framing, 10.15 or beofre also
[15:04] Varun : ?
[15:04] Manoj : bye all
[15:05] r m : bye Manoj
[15:05] Vikkas C : cheers manoj to the weekend
[15:05] Shai : 4 day balance : http://screencast.com/t/Bcnu3ZQ2W
[15:06] Kris : Take a bow Shai – NF is glued to VWAP – and wants to close there!
[15:06] Kris : Red delta/Green Delta – does not matter!
[15:06] Shai : well balanced and sideways till we break that VPOV of the trend day at 8334
[15:06] Shai : Kris :).
[15:07] Shai : If I bow on my desk I’ll ht my forehead 🙂
[15:07] Vikkas C : so a hundred point range 8334 – 8433
[15:07] Vikkas C : brk any side and we initiate
[15:07] Kris : Gap down below 8334 should be interesting on Monday!
[15:07] Shai : Yeah we can add aggressive positions when that range breaks
[15:08] Vikkas C : cool soounds like a plan shai ..thanx 😉
[15:08] Kris : quick premium eating happening!
[15:08] Kris : vix getting down?
[15:11] Kris : All right friends – nothing much to do here.
[15:11] Kris : Happy weekend.
[15:12] Venkatesan : thank you kris, have a nice weekend
[15:12] Shailesh : Thanks Kris
[15:12] r m : Bye Kris, have a great weekend 🙂
[15:12] Vikkas C : happy weekend kris
[15:12] Shai : Good weekend Kris
[15:12] Kris : What I have booked at 64.55 – I am adding at around this place!
[15:12] Shai : Catch up later
[15:12] Ashish : Bye bye kris, happy weekend 🙂
[15:13] Sudhakar : Bye Kris
[15:13] Sankar : Ok All. Happy weekend 🙂 See you all on Monday.
[15:13] ravi c : bye all
[15:19] Sreedhar : Happy weekend all..
[15:21] Tejpreet : Different news from Greece .http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11699599/Greece-is-the-worlds-fastest-growing-champagne-market.html
[15:23] Shai : Wow Tejpreet
[15:23] Shai : some new employment options then
[15:23] Shai : Greek unemployment is currently 25%
[15:23] Vivek K : shai for employment this would be better
[15:23] Vivek K : http://www.punemirror.in/news/world/Japanese-porn-industry-hit-by-shortage-of-men/articleshow/47205992.cms
[15:24] Tejpreet : Greece is tourist haven even for europeans …so it being out of Euro is remote 🙂
[15:24] Vivek K : huge shortage
[15:24] Shai : lol
[15:25] r m : 😀
[15:26] Vivek K : everyone in the room can get the opportunity without harming other guys chances 🙂 huge opportunity
[15:26] Tejpreet : @ Vivek ….maybe they can employ good looking greek men as Shai said unemployment is 25 %.
[15:28] Shai : 🙂
[15:28] Shai : NF did nothing for 2 hours though we could have still implemented that long trade from vwap to 8404
[15:29] Shai : BNF is closing mixd here
[15:29] Vikkas C : carrying shorts ryt ?
[15:29] Shai : try not to be aggressively short in F overnight
[15:29] Shai : yes we are short
[15:29] Ashish : Bye all, happy weekend and stay healthy 🙂
[15:29] Vikkas C : ok thanx shai
[15:29] Shai : Bye all
[15:29] Vivek K : bye everyone,
[15:29] Shai : Enjoy the weekend
[15:30] Shai : Catch up Mon
[15:30] Moses : Bye all
[15:30] Tejpreet : Bye All.
[15:30] Porus : bye all
[15:30] Srini A : Thanks and Bye everyone
[15:30] Vikkas C : bye all happy weekend
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] John : Bye all
[15:30] Shailesh : Bye all enjoy weekend
[15:30] Sudhakar : Bye All and enjoy the weekend
[15:31] Venkatesan : thank you shai, rm and friends
[15:32] Kathir : thanks and bye all