OrderFlow charts and Notes 26/08/15

[08:47]   r m : Good Morning folks!
[08:47]   r m : http://vtrender.com/levels-and-plan-for-26th-aug-2/
[08:47]   r m : http://vtrender.com/orderflow-charts-and-notes-250815/
[08:47]   r m : http://vtrender.com/consolidated-orderflow-250815/
[08:48]   Ashish : GM RM
[08:48]   Porus : GM RM and all
[08:48]   r m : Hi Ashish, Porus
[08:50]   Sankar : GM RM and all 🙂
[08:51]   Manthan : Mng Folks
[08:51]   r m : Hi Sankar 🙂
[08:51]   r m : Nifty AUG Future levels | Key Reference Area 7771 | Hypo1 above 7936➜7994➜8074 SL 7810 | Hypo2 below 7810➜7770➜7728 SL 7916
[08:51]   r m : Banknifty AUG Future levels | KRA 17000 | Hypo1 above 17344➜17445 SL 17244 | Hypo2 below 17110➜17024 SL 17215
[08:52]   Chandrashekhar : GM all
[08:53]   Vikkas C : hi RM
[08:53]   Vikkas C : GM all
[08:54]   John : GM all
[08:54]   Sankar : GM Shai 🙂
[08:54]   Sharad : GM all
[08:55]   Shai : GM all
[08:55]   Kathir : GM Shai RM all friends
[08:55]   r m : Hi Vikkas, Kathir
[08:56]   Kathir : @RM bhai yest usd/inr 66.5 pe 1 paise to 60 paise 🙂
[08:57]   Prakash : gm all
[08:57]   r m : @Kathir, wow, congrats 🙂
[08:58]   Kathir : ji i bought atound 23 paise only..thanks
[08:59]   Kathir : after getting news from china rate cut
[09:00]   Tejpreet : GM All.
[09:01]   RK : GM Shai,RM and all
[09:02]   Aayush : gm all
[09:03]   r m : Hi RK
[09:04]   Sandeep : Gm all 🙂
[09:04]   Kathir : Hi RK
[09:04]   r m : @RK, see what these Coimbatore guys are doing, tripling money!! now we have to raid his farmhouse 🙂
[09:04]   Moses : GM All
[09:04]   Kathir : lol ji first let us visit RK’s pondi guest house 🙂
[09:05]   RK : Yeah he carefully avoid those days where are squeezed in the range and appear only on action packed days 🙂
[09:05]   RK : *where we
[09:05]   r m : yes, he pays more attention to day type and does not even log in on OAIR days 🙂
[09:06]   RK : am sure he is eagerly waiting for this Friday’s IB too 🙂
[09:06]   Kathir : 🙂 yes RK thats an amazing oppurtunity every month
[09:07]   RK : am sure it work this month too after all the thud happened 🙂
[09:07]   Sankar : RK is here, coimbatore guys? is it Kathir?
[09:08]   Kathir : yes sankar RK in karur
[09:08]   John : Hi kathir, im from coimbatore too 🙂
[09:08]   r m : @Sankar, TN has gheraoed VTrender 🙂
[09:08]   RK : RM China’s final measure I think will be declaring long holidays for mkts..nothing works for them 🙂
[09:08]   Sankar : 🙂
[09:08]   r m : @RK, 🙂
[09:09]   Sankar : Sterday a friend messaged saying, This fall wont last for more time, coz its made in China 😀
[09:10]   Kathir : 🙂
[09:10]   Kathir : @john are you in cbe now ?
[09:10]   John : yes kathir
[09:11]   Kris : Good Morning Everyone 🙂
[09:11]   Sankar : Anyone near Chennai?
[09:11]   RK : Hi Kris
[09:11]   r m : Hi Kris 🙂
[09:11]   Kathir : great [email protected] semd me a pm john
[09:11]   Uttam : GM All
[09:11]   Sankar : Hi Kris 🙂
[09:11]   Kathir : Hi Krish 🙂
[09:11]   Ashish : GM Kris
[09:11]   Kris : Hi RM, RK, Sankar, Kathir, Ashish – every one 🙂
[09:11]   John : my mail id : [email protected]
[09:12]   Naveen : gm all 🙂
[09:12]   Sandeep : gm everyone
[09:12]   Kathir : @john got it thanks
[09:12]   Sandeep : so kris which ce or pe u r buying today
[09:12]   Ashish : Kris, was watching your trades on twitter.. only one word – Awesome 🙂
[09:12]   Kris : Thanks Ashish.
[09:13]   Ashish : Welcome kris
[09:13]   John : Thanks kathir
[09:13]   RK : Yeah amazing trades Kris..Congrats 🙂
[09:14]   Sandeep : great trades kris by the way
[09:14]   Kris : Thanks RK, Sandeep.
[09:15]   Uttam : open just abv YWAP
[09:16]   Uttam : breaking below YVAL
[09:16]   Rahul G : hello everyone GM all 🙂
[09:16]   Kathir : Shai recommended to buy bnf pe last eve did someone did it …17l pe 100 to 190 ?
[09:17]   Uttam : great 🙂 i bought nifty 7800 PE @ 50
[09:17]   Kathir : I did not buy any PE 🙂 RM will sure inform IT dept people then 🙂
[09:18]   Kathir : Uttam congrats
[09:18]   Kathir : @RM shai not here ?
[09:19]   r m : @Kathir, very much here
[09:19]   r m : @Kathir, easy way out for IT, bring back all the black money thru PN route 🙂
[09:19]   Uttam : thanks Kathir
[09:20]   Varun : @shai fii hve cvrd all, so shldnt we have bal days
[09:20]   Shai : BNF below neutral extreme and opened near yvwap
[09:21]   Kris : be careful on any CE/ long buy today – so far all PE showing O=L and all CE O=H – and it may stay like that.
[09:21]   Kris : Hi Shai
[09:21]   Uttam : thanks Kris 🙂 so we can place a SL for PEs below today’s low
[09:21]   Shai : Varun they have got short also same time
[09:22]   Uttam : PEs could be held on Shai as NF trading below 7810?
[09:22]   Shai : Since May last year Fii’s have differed -some of them are long only funds and some hedged, we have to treat them as a group and see accordingly not as one unit as the rest see it
[09:23]   Shai : 7772 support
[09:23]   Kris : Hi Varun – was worried if you do not let me write the exam – and – mujrim haazir hain! 🙂
[09:24]   Shai : Uttam overnight pe’s can close – sept hold
[09:24]   Uttam : okies thanks 🙂
[09:25]   Shai : could be the same range we discussed yesterday 7770- 7940 in NF
[09:25]   Varun : Can u write a small summary after fii data as to understand lole u did day before yesterday
[09:25]   Varun : Hi Kris
[09:25]   Shai : 17150- 16724 BNF
[09:25]   Varun : Good ure back
[09:28]   Kris : @Varun – promptly your 7930-7960 sent NF packing back by 100 points.
[09:28]   r m : @Varun, ok, will write “who did what” in that post whenever there is significant change in positioni, it is very confusing near rollover time though
[09:30]   Varun : hanks a to rm
[09:30]   Kris : @Shai – looks like we spend this series in your 7770-7940 range itself.
[09:30]   Varun : We would start observing thenAnd slowly get a feel abt it
[09:30]   r m : @Kathir, please repeat your series first day rule on Friday, I always forget that on that particular day when it is needed 🙂
[09:30]   Vikkas C : +1 rm
[09:31]   Varun : Ya kris we will do 2 more days of 7800/7920-40
[09:31]   r m : OK Varun, the original FII Master is Kris here, but now a days I suspect he has stopped observing that data 🙂
[09:31]   Prakash : @kathir wts that rule !
[09:31]   Kathir : @RM sure
[09:32]   Vikkas C : for first day clearing if IB is outside range of previous day, 100 point is min trgt
[09:32]   Varun : On larger term if we re-enter 7930 and dont break it again, we shld do 8660
[09:32]   Kathir : normally first day of a new series after first 30 mins if high o low breaks it gives 80 to 100 points from there
[09:32]   Kathir : yes vikkas
[09:33]   Vikkas C : all points noted in my notebook 😉
[09:33]   Kris : @Varun – I will let out a secret – RM and me have to analyze what FII do using data – Shai has direct hot lines 🙂
[09:33]   Kathir : IB is even better
[09:33]   Prakash : tnks @kathir @vikkas
[09:33]   r m : Thanks Kathir, will write on my chart in bold letters on Friday 🙂
[09:33]   r m : @Kris 🙂
[09:33]   RK : O=H NF and BNF O=L 🙂
[09:34]   Varun : Shai is the fii ;
[09:34]   Varun : Shai is the fii 😉
[09:34]   r m : @RK 🙂
[09:34]   RK : so dont stake too much today and save for tmw afternoon and Friday 🙂
[09:34]   Varun : He just has to tell what he is doing
[09:34]   Kris : @Kathir, RM – can you explain the trade in English?
[09:34]   Kris : that first day series wala.
[09:35]   Kathir : #kris RM is the right person to explain better
[09:35]   Prakash : huge buy @ 850 nf
[09:35]   Kiran : Kris 7900CE >40 , any suggestion here ?
[09:36]   r m : @Kris, if IB beyond high or low on first day then 100 points trade 90% sucess rate beyond PDH or PDL
[09:36]   Shai : Buy NF over 7860 sl of 7820 tgt 7900 / 7924
[09:37]   Soumya : I have a small suggestion
[09:37]   Kathir : @RM varun expalined this trade in technical terms
[09:37]   Prakash : @varun MR shai FII buying behind curtain
[09:37]   Kathir : 🙂
[09:38]   Soumya : Sometimes when the nifty trade is of high probability – shai you can use term such as “must buy/sell” with it so that we can change the position size a bit – what say Shai?
[09:38]   Prakash : behind the curtain NF his new high
[09:40]   Kris : All right friends – bought 7800PE at 46. With all the green delta – looks a bad trade – but – I have to trust my instincts.
[09:40]   Prakash : @kris can u put ur twit trades here also, it will be helpful for new bee like me
[09:41]   r m : Thanks Kris
[09:41]   Kris : @Prakash – I do put them here – when I am here – I am not yet a full time trader – so – many times will not be in the room. Hence the problem.
[09:42]   Prakash : tnks kris 😉
[09:42]   Shai : selling vols over POC- exit the NF long trade
[09:42]   Kris : OK friends take care – need to leave.
[09:42]   Kris : THanks all.
[09:43]   Uttam : See you Kris & exited NF longs Shai
[09:43]   r m : Bye Kris
[09:43]   Prakash : bye kris ..
[09:44]   Shai : we will keep that trade idea up abv IBH after 10.15- idea is to see VAH in line with the balance theory we are playing for today
[09:45]   Shai : could be a slower session compared to the last 2
[09:45]   RK : Shai would you consider this as OAIR despite that small push below VAL
[09:46]   Shai : yes open auction
[09:46]   Tejpreet : Shai in respect to balance , whenever we are out of value area we are in imbalance . But does the volume also count like we did 50 m plus volume of imbalance in past 2 days so does 1 day of like 15m bvolume in value area make us return to balance or no .
[09:48]   Shai : Tejpreeet balances also depend on the TF involved- we had a muti week balance between 8310- 8570 which we broke last week
[09:48]   Shai : this one I refer to is the daily balance
[09:48]   Tejpreet : Got it …Thanks.
[09:49]   Shai : the only reason I exited that long view was that initial trigger was not good- but we have come abv VAL at open and may see vah in the 80% rule today
[09:50]   Shai : still a conf is IBH for new longs after 10.15
[09:50]   Uttam : so in case we cross IBH after 10:15 tgt would be yesterday’s WAH which is 7920?
[09:50]   Shai : below 7770 we may drop to 7682 again
[09:51]   Shai : proper sl for the 8% view to play is 7770
[09:51]   Shai : 80%**
[09:52]   Shai : 7914 VAH
[09:52]   Uttam : so good place to go long was when it got back above yesterday’s VAL (7816) with SL 7770?
[09:52]   Shai : yes
[09:52]   Uttam : sorry 7914
[09:52]   Shai : also yvwap is there
[09:53]   Uttam : 7814
[09:53]   Uttam : val of today
[09:53]   Uttam : oh okies
[09:53]   Tejpreet : (09:31) r m:OK Varun, the original FII Master is Kris here, but now a days I suspect he has stopped observing that data :). guys have look at this old link by Kris http://vtrender.blogspot.in/2013/01/kriss-fii-fno-data.html
[09:53]   Uttam : 7833
[09:56]   Sandeep : rm waht was the bnf high yesterday
[09:57]   Uttam : 17275
[09:57]   Sandeep : thanks
[10:02]   Shai : Buy BNF 17068-74 sl of 17010 tgt 17140
[10:03]   Kathir : @shai buy nf if high breaks now ?
[10:03]   Shai : yes can
[10:03]   Kathir : ok thanks
[10:04]   Shai : see the greens are countering that initial red over poc in the 30 min
[10:05]   Shai : one big seller in NF 7872
[10:05]   Aayush : shai any update for the SL of 7400pe
[10:06]   Shai : yes a sl of 30 on that trade now
[10:06]   Aayush : okk.. thnx 🙂
[10:07]   Uttam : another big seller in NF?
[10:07]   Shai : yes
[10:07]   RK : in SEP too
[10:09]   Vikkas C : big sellers man ..
[10:09]   Vikkas C : 123900 and 256775
[10:09]   RK : but prices not going down..absorbing sellers
[10:10]   Gaurav : Could be rollover trade?
[10:10]   Vikkas C : yeah making new highs..rollovers and then the game begins in the 2nd half i suppose
[10:10]   RK : Varun P/Ut?
[10:11]   Vikkas C : as someone said better to wait for tomo and friday 😉
[10:14]   Shai : part bok BNF 17120
[10:15]   Uttam : rest trail to cost or old SL?
[10:15]   Vikkas C : shai can u pls pull the 5 mins NF down
[10:15]   Shai : always cost- make it risk free
[10:15]   Uttam : done 🙂 thanks
[10:16]   Uttam : above 17140 / 155 we can look for yesterday high?
[10:17]   Shai : if you got long NF book
[10:17]   Shai : some selling was there near 7894- 7900 even ysterday
[10:34]   Uttam : VAH done
[10:37]   RK : Shai red in both series but prices sustaining..what inference here?
[10:37]   Kathir : @RK red you mean delta?
[10:38]   RK : vol
[10:38]   Shai : could be cash based buying RK
[10:38]   Shai : or VAl buyers selling
[10:38]   RK : ok
[10:39]   RK : volume steady in last 2 candles
[10:39]   Kathir : @shai buy bnf again?
[10:40]   Shai : no wait
[10:41]   Kathir : ok sure
[10:46]   Varun : @whats vwap
[10:46]   Aayush : 7878/7860?
[10:47]   Shai : (10:46) Shai :aggressive sell in NF below 7913 for 7878/ 7860 with sl of 7947- trade smaller size
[10:47]   Shai : vwap 7832
[10:48]   Varun : Thanks
[10:52]   Bhagya : from 9.45 till now all half hour time frame has a negative delta. can we read it as the trend may not hold shai
[10:52]   Bhagya : also itis about 600000 contracts
[10:54]   Shai : It’s expiry time Bhagya and these reds could be just longs covering from higher
[10:54]   Shai : using price to scale out
[10:55]   Shai : we have to be careful today and tom in interpreting data as rollovers can skew things
[10:56]   Shai : 7878 is the highest vol of the day and we have a sell alert below vah again for dpoc
[10:56]   Shai : BNF is not in theis last 30 min runup so chances of this moving lower are higher also
[10:59]   RK : in Sep also that bar is huge around 7905 equavalent to 7878 of Aug..
[11:02]   Shai : yes some big rolloever there
[11:06]   Vikkas C : so whats the concensus on expiry ..where is everyone thnking ?
[11:08]   Chandrashekhar : 7810 or 7990 is my take
[11:08]   Ashish : Shai, now DPOC shifted in NF. So, still a short in NF?
[11:10]   Shai : yes
[11:10]   Shai : I phrased it wrongly– test is of the volume at 7878
[11:11]   Ashish : Noted Shai, thanks
[11:15]   Chandrashekhar : below 7900, sudden dip of 30-40 points? placing a limit sell order, lets see
[11:20]   Bhagya : thanks shai
[11:27]   Uttam : whats the VWAP of NF Shai?
[11:28]   Vikkas C : 7880
[11:28]   Uttam : oh ok thanks & what is the orange line in the profile chart @ 7890?
[11:29]   r m : IBH I think
[11:30]   Uttam : orange dashed line in the composite profile chart
[11:30]   r m : yes, at the top of E period so should be IBH
[11:30]   r m : D & E period constitute Initial Balance
[11:31]   Uttam : oh yes right 🙂 thanks
[11:35]   Shai : Cut short the NF trade at 7921- we will go flat
[11:39]   Uttam : Shai, below POC 8910 could re-consider shorts?
[11:39]   Uttam : sorry 7910
[11:45]   Uttam : taking support @ 7890 (ibh)
[11:46]   Uttam : if it gets back below ibh shorts could be entered>
[11:47]   Uttam : BNF below VWAP & near VAL
[11:48]   Kathir : bnf VA: 16900?
[11:48]   Uttam : today’s val
[11:48]   Uttam : 17050
[11:49]   Kathir : ok thanks
[11:51]   Kiran : doe sthe red delta below IBH shows a possible dip, NF ?
[11:54]   Uttam : vwap @ 7875 lets see what NF does there if it manages to go there that is
[12:00]   Kiran : 7924 inverted HnS 15 min, neckline.
[12:01]   Shai : bad exit in NF
[12:01]   Shai : was looking like it will suatain VAh and have a go at stops abv 7940 first
[12:01]   Kiran : lets work for better.
[12:01]   RK : yes :)..I made bad exit in morning long also..
[12:02]   Shai : below 7876 a 15 point trade for 7860
[12:03]   Shai : and if 7860 breaks we move to 7810/ 7770 again with sl of IBH+filter
[12:04]   Kiran : BNF could not exced yesterday top, so possibly NF also could not sustain yH. just a observation.
[12:06]   Kiran : BNf chart pl move up
[12:06]   Anay : @Shai the blue line is 30 min chart is POC of 30 min bar?
[12:06]   Anay : *in
[12:07]   Shai : yes
[12:07]   Kiran : yes anay. its high volume and POC
[12:07]   Anay : ok thanks 🙂
[12:07]   Shai : highest vol of the bar
[12:07]   RK : Anay watched that video you have retweeted..scary thoughts with hans jimmer kind of music and all 🙂
[12:07]   Anay : hehe 🙂
[12:07]   Shai : BNF can do 16936 – will look to short near 17030 with sl abv vwap+ 15
[12:09]   RK : O=H of NF done now turns to break O=L of BNF RM 🙂
[12:11]   RK : BNF someone covered big the shorts in Sep
[12:13]   Soumya : good 15 points trade shai.. !!
[12:13]   RK : Yeah finally started the day with that 15 points 🙂
[12:15]   RK : BNF good spike at VAL
[12:17]   Kiran : RK can u pl let us know the trade, buy near low of spike ?
[12:18]   Kiran : bascically near VAL ?
[12:18]   RK : Kiran no that was over..you vwap bands+VAL combo there with spike..so fast finger there would have got 50 points spike
[12:18]   Kiran : booked 79PE early.
[12:19]   RK : now IBL test failing..
[12:19]   Shai : Sel NF for 7810 / 7770 sl of 7882
[12:21]   Kiran : thank RK. was thinking about buy trade if the VAl holds.
[12:32]   RK : Kiran Welcome..my 2 cents..avoid VAL buy and VAH sell on volatile days..you may reach target but riskier to place stop..any stop would get trigger
[12:35]   Kiran : ok.
[12:42]   Shai : looking for that trip to VAL now that we found sellers abv VAH- sl was abv vwap
[12:42]   Shai : at VAL we will watch for greens to see is we want to continue in balance
[12:42]   Shai : if**
[12:45]   Vikkas C : shai what was ur trgt for the sept 7400pe ?
[12:46]   Vikkas C : i missed that msg yesterday 🙁
[12:47]   Kathir : HOW ABT EUROPE ?
[12:47]   Shai : I didn’t give any- just suggested to the room to keep that put in the bag for sept and keep
[12:47]   Vikkas C : ohh..ok thanx shai 🙂
[12:47]   Vikkas C : entered today mrng @ 60
[12:48]   Shai : I have lived through 2007- 2008 and have seen the value of having puts in the bag always
[12:49]   Shai : though I am not suggesting this is the same, the elevated vix levels would mean that puts are needed
[12:49]   Sandeep : shai that Nf short trade is still open na /
[12:49]   Vikkas C : agreed ..at max the SL will go ..
[12:49]   Shai : yes
[12:53]   RK : I think the coming weeks need lot of patience to sit through with positions as volatility would be at its best..so always make sure that you either exit at SL or targets and not moved by faster moves 🙂
[12:58]   Shai : At the open today NF was 1 of 2- 4 reds in Globex now it has more company
[13:00]   RK : yep 1000 point dip without a event is something serious..cant flip the sentiment so quickly..it takes time..many biggies unwinding for sure across globe..the way 8000 taken away here too not convincing to be optimistic
[13:15]   Shai : BNf lookish bullish for 17040/ 17070
[13:16]   Nandesh : i am sh in nift should i continue
[13:21]   Anay : keep tsl above Vwap
[13:21]   Shai : yes sl is good as lots of sellers abv 7880
[13:21]   Shai : have seen a counter buying in BNF today but not in NF
[13:22]   Shai : see the recent lows in NF at 7830
[13:22]   Shai : mot much greens
[13:23]   Ashish : Shai, if green line turns pink now, chances of 7810 is more?
[13:25]   Anay : dpoc dangling betwn 7860 and 7836
[13:26]   Shai : oh yes Ashish
[13:27]   Ashish : ok shai..
[13:28]   Vikkas C : anay make it dangle a little more 😉
[13:36]   Kathir : NF SL for shorts ?
[13:36]   Kathir : 7882?
[13:36]   Anay : sellers being absorbed.
[13:36]   Anay : can see dvah at 7908
[13:38]   Vikkas C : was the jump cos of the GST
[13:38]   Sandeep : gst vikash
[13:38]   Sandeep : whats the news
[13:40]   Vikkas C : i dont know ..i just saw a flash on cnbc while surfing
[13:40]   Sandeep : okay
[13:42]   Uttam : NF SL but just high @ 7883.5
[13:44]   Chandrashekhar : again some PBOC action, but mrkts in dont care mood 🙁
[13:47]   Vikkas C : seller stepping in again .
[13:56]   Anay : yes
[13:56]   Anay : poor job from bulls above 7880
[14:06]   Sandeep : that short NF is open ?
[14:06]   Sandeep : or sl hit
[14:07]   Sandeep : shai ?
[14:10]   Shai : we have been stopped out on the short
[14:10]   Ashish : Break POC yaar
[14:10]   Sandeep : okay
[14:10]   Sandeep : actually I didnt put Sl
[14:10]   Sandeep : so still in
[14:11]   Sandeep : shai should hold /
[14:11]   Sandeep : or get out here
[14:11]   Shai : close abv 7862 now
[14:12]   Shai : Not much trading left in teh day I feel we may loitter here an close at vwap
[14:12]   Sandeep : okay
[14:12]   RK : one push to reject at VAL pls 🙂
[14:13]   RK : bulls failed..let bears fail at VAL so action evened for the day 🙂
[14:13]   Vikkas C : yes one puch to val
[14:13]   Kathir : 🙂
[14:13]   Vikkas C : *push
[14:19]   Vikkas C : dow +223 WTF.. really ..bulls phir petenge wah bhi ..lol
[14:25]   Anay : bahut mazak uda rahe ho bulls ka eh? 😉
[14:35]   Vikkas C : :p
[14:35]   Vikkas C : wheres RM, varun ..aaj sab gayab hai
[14:36]   Vikkas C : itna chuppi kyun hai bhai log ..
[14:36]   Sandeep : market made everyone fall asleep
[14:36]   Vikkas C : lol
[14:37]   Vikkas C : @RK kuch karo yaar ..PVAL toh laao
[14:38]   Vikkas C : ab ki baar 7800
[14:38]   Vikkas C : lol
[14:38]   RK : closed 🙂
[14:39]   Vikkas C : me toooooooooooooo
[14:39]   Sandeep : closed
[14:39]   Tejpreet : Wah Vikkas kya dhakka diya …too good!
[14:39]   Hemant : Got a bad exit 🙂 gone below, and dropping 🙂
[14:40]   Sandeep : shai are you there
[14:40]   Sandeep : should one go long here
[14:40]   Sandeep : btst types
[14:42]   Shai : tom is expiry day o no btst
[14:42]   Sandeep : okay
[14:42]   Shai : one green is back at val
[14:43]   Shai : but new sellers from 7850
[14:43]   Kathir : @shai still you see nf close around vwap today?
[14:45]   RK : Shai halff that green should be from this room 🙂
[14:45]   Vikkas C : hahahah RK
[14:45]   Anay : dpoc staying at 7860
[14:45]   Kathir : lol RK
[14:46]   Anay : lol
[14:47]   Vikkas C : MO -48
[14:47]   Shai : haha RK
[14:47]   Vikkas C : room opening for more downside shai :p
[14:48]   Shai : sellers are there
[14:48]   Shai : possibly 7770
[14:48]   Varun : looking for a close at 7860-66
[14:48]   Varun : if lows hold
[14:48]   Varun : trap these sellers
[14:48]   Varun : supply nt stopping
[14:48]   Varun : 30800
[14:49]   Varun : trap him
[14:49]   r m : got in finally 🙂
[14:50]   Sandeep : sab milke zor lagao
[14:50]   Varun : easy exits
[14:50]   Varun : this is the ultimate test
[14:51]   Varun : one lakh seller plus at bottom
[14:51]   Varun : in 30 mins
[14:51]   Varun : he will take it too 66
[14:51]   Varun : 64
[14:52]   Varun : awesome trap
[14:56]   Vikkas C : varun sorry missed it which candle u talking abt
[14:56]   Vikkas C : 2.45
[14:56]   Varun : its not out of woods yet
[14:56]   Varun : take it abv 25-26
[14:57]   Varun : abv 26 wuick 30 point scalp on cards
[14:58]   Anay : 7900 straddle still struggling
[14:59]   Anay : possibly back to 7900 2moro
[14:59]   Varun : friday best day to breakout abv 7930 early in morning
[14:59]   Varun : mite be with a gap + trend day
[15:00]   Sandeep : so buy some otm sep calls?
[15:01]   Varun : here it comes
[15:01]   RK : he quit
[15:01]   RK : 47k
[15:04]   Varun : nt good
[15:04]   RK : SAR for 7770 🙂
[15:05]   Varun : yes
[15:05]   Varun : tht would be waterfall supply
[15:05]   Varun : like booooom
[15:06]   RK : seems Shai wants another close below VAL
[15:07]   Shai : some buyers are here again 7808
[15:08]   Varun : shai todays low very imp, was playing the vol spike on daily
[15:08]   Varun : today is the test bar
[15:08]   Varun : max just flirt and come back
[15:08]   Varun : monday was vol spike
[15:09]   Varun : tuesday was the green
[15:09]   Varun : wednesday test of supply drying out
[15:09]   Varun : thursday dull day
[15:09]   Varun : friday we should breakout abv todays high
[15:09]   Varun : 2 .5 days have been rite
[15:09]   Shai : ok
[15:10]   Shai : if we go below 7770 tom but we may not stop till 7468
[15:10]   Varun : yes
[15:10]   Varun : whts mo
[15:11]   Varun : today this last 45 min could be flushout spike
[15:13]   Vikkas C : -62
[15:18]   Kiran : IB low is like vWAP for BNF
[15:18]   Varun : full flirting with days lows
[15:18]   Sandeep : hope they dont get involved:)
[15:18]   Varun : thy r
[15:18]   Varun : just fooling u around
[15:18]   Varun : 😉
[15:18]   Vikkas C : carrying longs overnight risky ..better to look tomo mrng ..seeing the global mkts
[15:18]   Kiran : Shai any CE for tomorrow , very small qty ?
[15:19]   Varun : tmrw open vimp
[15:19]   Vikkas C : yes excatly varun
[15:19]   Gaurav : what should one look for at opening Varun? 7770 below open exit all longs?
[15:19]   Varun : yes for sure
[15:20]   Varun : u will see blood on streets below those levels
[15:20]   Gaurav : oh ok
[15:20]   Varun : but as thr is fear on streets
[15:20]   Varun : i feel we will see a 7900 clearing
[15:20]   Varun : who would like to stay long with todays closing
[15:20]   Varun : looks so damn easy to short today
[15:21]   Gaurav : Ahh get it. Thanks. Got to get the mindset right
[15:21]   Tejpreet : I just did 8100 sep call with 7750 aug put .
[15:21]   Kiran : that means Gap Up possible ?
[15:21]   Varun : nice trade is abv 7835 to 7900
[15:21]   Varun : but pls play ur risk
[15:21]   Varun : i switch trades in mili seconds
[15:22]   Shai : sept F shping buying
[15:22]   Varun : if bears had it they had a fulltoss to break todays lows
[15:22]   Varun : few mins back
[15:22]   Gaurav : Thanks for insight Varun!!
[15:23]   Varun : but bulls spoilt it a bit
[15:23]   Varun : mite be tmrw morning
[15:24]   Gaurav : Tmrw morning they might get the fulltoss again lol
[15:25]   Vikkas C : varun where u seeinf expiry happen tomo
[15:25]   Varun : 7900 or may be 7930
[15:25]   Varun : to keep eveyone confused
[15:26]   Varun : 7930 will be mother of all battles
[15:26]   Varun : 7770 sloss
[15:26]   Vikkas C : thats for friday 😀
[15:26]   Varun : no battle will be till tmrw
[15:26]   Varun : friday is the day to b/o
[15:26]   Varun : foirst day clearing
[15:26]   Varun : if ib id outside day range
[15:26]   Varun : its a 100 day
[15:27]   Varun : in todays enviro could eb a sehwag
[15:27]   Shai : govt expected to announce at 5.30 today a special session for gst
[15:27]   RK : oh pls we have already enough jitters
[15:27]   Shai : 🙂
[15:28]   RK : why our govt now act like China 🙂
[15:28]   RK : best crime is to arrest fall by announcing something..
[15:28]   Tejpreet : No govt decision can influence market , as market got a mind of it’s own 😉
[15:29]   Shai : infact when Rajan held that press conf he was refering to China when he said we don’t have to look beynd our borders
[15:29]   Varun : shai pls post a profile for last 3 days
[15:29]   Shai : sure will post
[15:29]   Varun : thanx
[15:30]   RK : k thanks and bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Gaurav : Thanks. See you trow
[15:30]   Kathir : thanks and bye all
[15:30]   Shai : bye all
[15:30]   Sandeep : bye
[15:30]   Shai : have a nice evening
[15:30]   Porus : bye
[15:30]   Srini A : Bye everyone
[15:31]   Uttam : see u all have a good evening
[15:31]   Moses : Bye All
[15:31]   Anay : bye all
[15:32]   Vikkas C : BYE ALL

[09:59]   Kathir : @SHAI whats is the supp and resi for sep usd/inr
[10:10]   Rahul G : shai views on DLF
[10:12]   Shai : 66.83- 66.31 in sept usdinr
[10:13]   Shai : dlf god abv 107 and may tgt 115/ 118
[10:13]   Kathir : @shai this intra or positional usd/inr sep
[10:18]   Shai : intra
[10:18]   Shai : positional will update
[10:18]   Kathir : ok thanks
[10:21]   Chandrashekhar : if i short sell options what is the brokarage anu idea?
[10:21]   Chandrashekhar : *any
[10:22]   Kathir : brokerage is for premium only even if you sell or buy .. am i right
[10:23]   r m : brokerage is same for buying or selling, you need margin for selling just like trading futures
[10:24]   Chandrashekhar : ok, thank u rm and kathir , i thought futures brokarage will be charged,
[10:25]   Kathir : no but selling options you need futures margin 🙂
[10:25]   Kathir : welcome
[10:26]   r m : welcome
[10:26]   Kathir : @chadrsekr which broker you trade with?
[10:26]   Chandrashekhar : understood, thanks kathir 🙂
[10:26]   Chandrashekhar : zerodha
[10:27]   Kathir : ok me too
[10:27]   r m : that one is ideal for option trading 🙂
[10:28]   Kathir : yeah buy 500 shares sell 1 rs profit you get more than 400 in your acc after brokerage:)
[10:28]   Chandrashekhar : yeah, earlier used to trade with ICICIDIRECT, whatever i used to make intra, those guys uesd to take out as brokarage 😉
[10:28]   r m : lol
[10:28]   r m : yeah, we all began with ICICIDirect I think 🙂
[10:28]   Kathir : lol thank god they didnt take your money from your bank account also
[10:29]   Kathir : @Rm i began with Indiabulls 🙂
[10:29]   r m : ok
[10:29]   r m : looks like NF is robbing some bank, so much greenery 🙂
[10:30]   Nandesh : ashoklay intraday view
[10:53]   Shai : ashokley res again at 90.1 supp at 86 and 83
[10:58]   Tejpreet : Shai views on HDFC , close to your weekly support 1126 .
[11:07]   Shai : may drop to 1115
[11:08]   Shai : intra day – condition is to close on strong green vol abv 1135 today and then sl of 1115 valid
[11:09]   Tejpreet : Thanks Shai.
[11:09]   Shai : did the axis call go in the money yesterday ..went to 306 by close but was wondering how the call did?
[11:10]   Tejpreet : Booked out yesterday only 8 odd to 12 something
[11:10]   Tejpreet : Difficult to carry positions overnight ….with the huge gaps we are getting !
[11:12]   Shai : yes
[11:12]   Shai : vix dropped at close too- even today vix weak below 27 and may drop to 21
[11:13]   Tejpreet : The best startegy was to sell deep otm puts in morning fall and book close to EOD safe 10 pointers
[11:14]   RK : but Axis spurted immediate after our discussion..
[11:14]   RK : yday
[11:14]   Tejpreet : Yes RK 500 call did a high of 12.90 I think.
[11:42]   Soumya : Where is tata motors resistance shai?
[11:42]   Soumya : I hold 530 ce – where should i look to exit?
[12:00]   Shai : 339 intra day and 345 wekly
[12:00]   RK : Shai TCS trying to breakout here?
[12:01]   Soumya : thank you shai bro
[12:04]   Shai : tcs good move abv 2594 but easy move to 2635 supply may be done
[12:04]   Shai : a fresh move only abv 2636 for 2680
[12:05]   RK : yes looking for 40 points above 2635 thanks
[12:19]   Soumya : Where can we add NSE: NCLIND Shai – I am bullish on it
[12:27]   Shai : ncl that base at 79 is a very big supp- close abv 94 today will ensure that the dip is over
[12:50]   Soumya : thank you shai bro
[13:45]   Soumya : thank you shai for tamo levels – now at 339 – sold all thanks to you
[13:45]   Soumya : got 50%
[14:12]   Shai : nice
[14:13]   Shai : Tamo your conviction was great at 310
[14:14]   Soumya : thank you shai bro.. Had bought one lot and holding it 😛
[14:14]   Soumya : yesterday added options too as expiry was near
[14:16]   RK : looks like TTM is confident than china mkts after ratecut 🙂
[14:20]   Vikkas C : my system just gave a buy call in TTM ..but getting scared to enter now
[14:27]   Vikkas C : many many stocks are forming a bracket since yesterday ..friday cud be fun 😀
[15:31]   Shai : tcs got ahmmered down from 2639