OrderFlow charts and Notes 27/01/16

[09:03]   r m : Results today – HDFC, GodrejCP, Colgate, Justdial, Powergrid, SKSMicro, Unitedspirits
[09:31]   Sandesh : Shai.. holding 115 Cairns PE Jan, whats your advise?
[09:41]   Tejpreet : Shai views on INFY for ID trade.
[09:49]   Sandesh : Shai.. please advise on Cairn Pe 115 Jan bought at 1.5! Can hold or better to exit?
[09:50]   Shai : cairn not yet very weak- 115.8 is the buyer from mon- a close below 115.8 will create a fall
[09:50]   Sandesh : thank you!
[09:51]   Shai : then may give you 108 tgt
[09:52]   Shai : infy looks locked in a 1130- 1150 range – see no positional weakness till 1125 breaks abv 1155 this wek closing can continue higher
[09:53]   Viral : great call on tisco last week, shai , can we still hold longs ?
[09:53]   Tejpreet : Thanks Shai.
[10:04]   Shai : tatasteel postnl supp is at 239 now but is not closing abv 257 today better to close
[10:04]   Shai : if*
[10:04]   Viral : ok thanks shai 🙂
[10:12]   RK : Shai Asian had some higher vol in first 5 mins..any new business there or old ones closing /rolling ?
[10:17]   Shai : see higher volumes at 882 on mon – could be ld buisness today long liquidation
[10:18]   Shai : old*
[10:18]   Shai : thought it would do 892/ 901 but now looks like restest 863 again
[10:18]   RK : thanks Shai
[10:28]   RK : Axis good for 402-401 from here?
[10:29]   RK : I think 405 could be ok as RM’s VWAP there..
[10:30]   Vikkas : +1 RK
[10:34]   Hari : @shai, your views on BPCL Feb F please
[10:39]   Shai : yes axis trending down 404 could come but not intra
[10:40]   Shai : 414 still a supp axis intra , 409 if this supp breaks
[10:40]   RK : no looking for expiry trade there
[10:40]   RK : thanks
[10:41]   Shai : 865 a good supp in bpcl – think it tested it mon and bounce has res at 889 here cash levels. if 889 is cossd can do 906
[10:41]   Shai : all cash levels not febF
[11:30]   Gaurav : Shai Lupin looking good for longs for next series?
[11:36]   Shai : lupin holding the supports but add abv 1699 only- then can move up
[11:37]   Gaurav : Thanks Shai
[11:45]   Shai : apollo has a tail at this morning highs – sign that it may not want to move abv 1440 yet – supp at 1411 positnl – howver if that breaks on daily cllosing becomes a short for 1380/ 1347
[11:50]   Sandesh : Shai.. where do you find the jan expi
[11:50]   Sandesh : ?
[11:50]   Sandesh : on NF?
[11:50]   DrBansal : thanks shai.I am adding AH in cash in investment.So selling few at high and adding more below for averaging.
[14:23]   Sandesh : Shai… any trade seen on VEDL?
[14:23]   Shai : Sandesh 7440 is high probanility now
[14:25]   Shai : apollo has supp here but no evidence of big buying yet- if it’s a fundamental story and have a one year view I think it should pan out fine
[14:26]   Shai : vedl was agood short at 65 for 63.6 cash – but can take a view below 63.6 clsoing today for 61.6 n 2-3 sessions
[14:26]   Shai : only if closes below 63.6
[14:29]   Sandesh : thank you
[14:35]   Sudheer : what’s the Orderflow in ZEEl
[14:35]   Sudheer : ?
[14:38]   Shai : zeel heavily in balance also inside day today – no edge for a new position. has supp at 384 and res at 403
[14:38]   Shai : only on a clear break initiate
[14:38]   Sudheer : ok thks
[14:45]   Hardik : @Shai – your views on axisbank – last two profiles look like long liquidation
[14:47]   Shai : yes moving to 404 for now
[14:47]   Sandesh : so can short now?
[14:48]   Hardik : cool .thanks
[14:51]   Deepak : @shai, sir your views on Adani Port
[15:10]   Shai : adani last week’s failure at 236 was bad for stock – now has supp at 213 but needs a close abv 230 for log momentum to come
[15:12]   Deepak : okay thanks 🙂
[15:20]   r m : Results tomorrow – Bhartiairtel, Dabur, Glenmark, ICICIBank, Maruti, Syndicate Bank, Titan, Vedanta, HCC

[08:51]   r m : Good Morning folks!
[08:52]   r m : http://vtrender.com/evening-report-trade-dated-25th-jan/
[08:52]   r m : http://vtrender.com/orderflow-charts-and-notes-250116/
[08:52]   r m : Nifty JAN Future levels | KRA 7344 | Hypo1 above 7465➜7487➜7530 SL 7430 | Hypo2 below 7410➜7390➜7363 SL 7436
[08:52]   r m : Banknifty JAN Future levels | KRA 15160 | Hypo1 above 15590➜15665➜15744 SL 15520 | Hypo2 below 15440➜15375➜15305 SL 15545
[08:52]   Jitender : Gm Shai, Rm, folks:-)
[08:55]   r m : Hi Jitender 🙂
[09:00]   Shai : GM all
[09:01]   Sandesh : GM
[09:01]   Jyothsna : GMAll
[09:02]   Ashish : GM all
[09:02]   Tejpreet : GM All.
[09:04]   Sandip : gm all
[09:06]   Vikkas : Gdmrng all
[09:06]   Vikkas : Hi Rm & Shai
[09:06]   Suresh : Good Morning all
[09:06]   r m : Hi Vikkas
[09:07]   Sudheer : Good morning
[09:07]   DrBansal null : shai and rm GM
[09:09]   r m : Hi DrBansal, welcome back 🙂
[09:10]   Venkatesan : gm shai,rm and to all
[09:11]   r m : Hi Venkatesan
[09:14]   Shanmugasubramanian : GM all
[09:15]   Arvind : GM all
[09:16]   Shai : flat open – so much for the trading holiday
[09:16]   Shai : 7410 ref line on downside
[09:16]   Shai : we failed at 7465/75 on Monday so one probe lower below 7410 expected
[09:17]   Shai : 15440-460 bnf pullback low is supp
[09:18]   Sameer null : gm all
[09:18]   r m : Nifty spot probably thought that it was in a gymnasium!
[09:19]   Sameer null : bank nifty short ?
[09:20]   Sameer null : ?
[09:21]   Shai : Open positions : 7400 ce Jan and BNF FEB short
[09:21]   Ashish : Open drive in USDINR
[09:21]   Augustin : @Shai -Can go long in BNF here for intra?
[09:21]   Shai : yes usdint driving up – 68.44 intra res febF
[09:22]   Shai : augustin could move sharply down below 17440
[09:22]   Sameer null : whats goo
[09:22]   Ashish : Thanks Shai
[09:23]   Augustin : Ok Shai
[09:25]   Sameer null : shai…after such wide fall globally, dont u think bottom will be made by 3/5% intraday rise and 1/2% rise will be to trap bulls?
[09:27]   Sameer null : ?
[09:28]   Shai : 7400 ce Jan at 43 now- supp intra at 38. Close position fully
[09:30]   Shai : downside today if 7410/ 15440 is taken down
[09:30]   Shai : else could rotate
[09:30]   Sameer null : ?
[09:31]   Uttam : Good Morning Everyone 🙂
[09:33]   SandeepK : Gm All !
[09:33]   Sandeep : Gm uttam 🙂
[09:35]   Uttam : GM Sandeep 🙂
[09:36]   Uttam : BNF is a open drive down Shai?
[09:37]   r m : @Uttam, also (09:22) Shai :augustin could move sharply down below 17440
[09:37]   Sandeep : we are hunting that 440 now uttam 🙂
[09:37]   r m : 15440 🙂
[09:37]   Uttam : thanks RM 🙂 so we could place a sell below 15440
[09:37]   Sameer null : 440 ? feb future?
[09:37]   Uttam : jan
[09:38]   r m : discussions here are for Jan F, positional trades are in FEB F
[09:41]   Sandip : 440 broke
[09:44]   Sameer null : ?
[09:46]   Shai : yes
[09:46]   Shai : Pull back low is broken- BNF is driving down
[09:46]   Shai : eyes on vwap rest of the day
[09:47]   Sandesh : may slide to 15200 Shai??
[09:47]   r m : 15366/15310 to begin with 🙂
[09:47]   Sandesh : 🙂
[09:48]   Janak : rm what is an after-mkt order?
[09:48]   Shai : yes 15366 is the anomaly tgt on intra and 15310 is the ref level of last week
[09:49]   r m : @janak, a type of order which can be left on trading software when market is closed, brokers place these orders in exchange after market opens
[09:49]   Janak : ok
[09:52]   Porus : RM, How does one tile windows in NT7?
[09:55]   r m : @Porus, NT7 every window is individual, so you will have to manually place them whereever you wish, however once you are done you can save the workspace, so next time they will appear in same place
[09:56]   Porus : Thanks
[09:58]   Sandip : PCR also bearish for now
[09:59]   RK : GM Shai,RM and all
[10:00]   Sandeep : good green candles but price not moving up, short covering may be?
[10:00]   RK : BNf price action reminds me 1st and 2nd Dec.
[10:02]   r m : Hi RK
[10:04]   Shai : right RK – excess and a b there
[10:06]   Shai : 7400 ce that 38 showed greens- now bounced to 55- all expiry related
[10:06]   Shai : I think both 7400 ce and pe OI is being added today
[10:08]   Sudheer : yes so close around 7400 maybe
[10:10]   Shai : vix is at day highs – can do 19.92 and 20.42 still cmp 19.05
[10:11]   r m : 7400CE/PE OI going up 🙂 http://screencast.com/t/s4Z5dSC4
[10:15]   Shai : nice RM- Thanks
[10:16]   Varun : shai if price is going up
[10:16]   Varun : and we want to see open interest
[10:16]   Varun : wht shld be watch live
[10:16]   Varun : itm ce ?
[10:19]   Shai : yes best
[10:19]   Varun : thanks
[10:20]   Varun : if price going up and itm ce losing open interest , means short cvring ?
[10:21]   Sandip : yes varun
[10:22]   Sandip : price up Oi down Short cvr, price up Oi up…buying, price down Oi down …profit booking….price down oi up…writing.
[10:24]   Shai : perfect : (10:22) Sandip :price up Oi down Short cvr, price up Oi up…buying, price down Oi down …profit booking….price down oi up…writing.
[10:28]   Varun : profit booking = long liquidation , rite
[10:28]   Varun : writing means selling
[10:28]   Varun : just to confirm
[10:28]   Shanmugasubramanian : ss
[10:29]   Sandip : yes
[10:29]   Varun : and whn chking for upmove itm ce and down move itm put
[10:29]   Sandip : its the same everywhere varun
[10:29]   Nandesh : MP chart shows dpoc below value area ?? is it possible???
[10:30]   Nandesh : in NF
[10:30]   Sudheer : Bnf CE Writing seen at 15500
[10:30]   Sandip : right now when we had the 20 point jump….i saw Ce’s buying a bit and Pe’s profit booking a bit ……from 7420 -7440
[10:31]   Sudheer : it will be a very good resistance
[10:32]   Sandip : yea more writers have entered at ce’s
[10:33]   Uttam : sellers @ vwap for BNF?
[10:35]   Shanmugasubramanian : when 7500 ???
[10:37]   Sandip : im just gonna patiently wait for Shai’s first target in bnf 🙂
[10:38]   Shai : In MP chart the VAL/ VAH is off by 4 points – the POC is correct always
[10:38]   Nandesh : ok
[10:42]   Shai : (09:16) Shai :7410 ref line on downside(09:16) Shai :we failed at 7465/75 on Monday so one probe lower below 7410 expected
[10:42]   Shai : downside if 7410 goes
[10:43]   Rahul P : shaghai has started it again…down 4% tdy after yesterday’s 7% rout
[10:47]   Shanmugasubramanian : in Feb chart lot of greens around 7430
[10:52]   Hari : Strange, BNF Jan prices are more than Feb price
[10:52]   Hari : lol
[10:55]   Rahul P : @ shai, how do u interpret this alog on NF ?
[10:55]   Sandip : @ Shai, rm these 2.8 lac seller/ 1.1 lac buyer types are normal before expiry?
[10:56]   r m : @Sandip, could be rollovers too
[10:56]   Kathir : Hi all :
[10:57]   r m : Hi Kathir 🙂
[10:57]   Sandip : ok got it
[10:57]   Shai : algo in expiry week is institutional rollover
[10:58]   Shai : big orders in expiry week are all institution/ HNI rollovers mostly
[10:59]   Shai : keep watching them- you get a very good idea of the kind of volumes these people do
[11:00]   Shai : that delta of the 10.45 candle is amongst the biggest in the series yet
[11:01]   RK : vol?
[11:01]   Shai : NF abv vwap / BNF below – mkt not in sync
[11:01]   RK : have seen around 8 lac last week in 5 min delta
[11:01]   Porus : Shai that 10.45 looks like a long rollover?
[11:01]   Shai : yes vol also very high
[11:02]   Porus : Sell in jan, buy in feb.
[11:03]   Shai : tough to say Porus based on OrderFlow and equate it to rollovers a 100%
[11:04]   Shai : what has happened in the 10.45 candle is that an institution put a limit order to exceucte a very large 1 and absorbed all the orders adn went market to fill the reamining
[11:05]   Porus : … but opposing orders in jan and feb. can infer something…?
[11:05]   Shai : te size of the sell order could be 400000 and another algo picked up the huge order and picked up some qty long
[11:07]   Shai : now see the FEB 5 min right below is 281550 green
[11:07]   Shai : so rollover for sure
[11:07]   Shai : I’ll take a screen shot and put on slack
[11:07]   Hari : can we make out whether it is a ong or short roll over, seems to be a long to me…
[11:08]   Sudheer : yeah it seems long
[11:08]   Sandip : ok got it so that guy profit booked in jan and bought in feb
[11:08]   Rahul P : shai, do u see two time frames at 10:45 ??
[11:08]   Rahul P : since we have both big reds and greens ?
[11:09]   Shai : yes Hari could be a long covered Jan and bought feb
[11:16]   Uttam : relatively lesser volumes on BNF Shai though NF is average?
[11:20]   Shai : yes BNF lagging
[11:21]   Uttam : thanks Shai
[11:24]   Shai : test
[11:24]   Vikkas : pass 😀
[11:27]   Shai : 🙂
[11:31]   Sameer : @Shai…If long rollover to Feb…they why we short BNF?
[11:31]   Sandip : more like time paas !
[11:32]   Sameer : ?
[11:33]   Sandip : because the Fiis will have to remove longs > dii shorts and hence jan futures will go down….i guess 🙂
[11:33]   Shai : We are not short in NF sameer
[11:34]   Sandip : Shai wat positions are fiis holding in bnf? net long or shortr?
[11:37]   Sandip : whoa 75k sell in bnf nicee…..
[11:37]   Sameer : @Shai…From your rollover comments seems like we MIGTH have pre-budgey rally full feb ?
[11:38]   Jitender : Sameer…china & crude will detrmine any rally
[11:38]   Jitender : the euphoria with Modi has faded to an extent…
[11:38]   Jitender : but OTOH gst news mite keep it propped up…
[11:39]   Sandip : rm…how do we have a green delta bar wiith 75 k seller in bnf?
[11:39]   Jitender : US is responding to anticipation of FED mom today…
[11:42]   DrBansal : shai,Apollo Hospital buyers and sellers tail,please?
[11:43]   DrBansal : in cash.
[11:45]   r m : @Sandip, that green opposite 78K seller in 5 minute bar may be bigger then what is seen, perhaps one digit is hidden!
[11:46]   Shai : Dr use tab 2 for stocks – responded in tab 2
[11:46]   DrBansal : ok.
[11:51]   r m : (*** Private to DrBansal ) (11:45) Shai :apollo has a tail at this morning highs – sign that it may not want to move abv 1440 yet – supp at 1411 positnl – howver if that breaks on daily cllosing becomes a short for 1380/ 1347 msg in tab 2
[11:54]   Prudhvi : 80% rule shall apply to any consecutive 30 mins or only during IB? anyone?
[11:54]   Sandip : ok thx rm
[11:54]   Shai : positional exit : Exit from BNF positional trade at 15486 now. we will take positional view again friday . net +95 on trade
[11:55]   Sandip : shai intra sell below 15440 still active right?
[11:55]   Shai : yes that’s triggered and active
[11:56]   Kathir : @shai how abt IV any ref for this setlment?
[11:58]   Shai : holding the BNF intra day for now – same sl but watching 15440 closely to see if it gives way – else will exit intra too
[12:02]   Shai : Enter bnf stops i system – this move abv vwap not good for shorts
[12:02]   Shai : if we get vwap test again we will cut the short
[12:04]   Uttam : put SL in system & got hit though on chart not able to see that price 🙁
[12:05]   Uttam : exited @ 15546 it says
[12:05]   Uttam : @ 12:01
[12:06]   r m : invisible attack like with XRays 🙂
[12:06]   Uttam : it has happeded before too RM
[12:07]   r m : yes, as Shai said once we see only a part on the charts of actual trading ticks in exchange
[12:09]   Shai : BNF stopped. exit
[12:10]   Vikkas : shai can BNF be re-shorted here with 590 as stop ?
[12:17]   Shanmugasubramanian : expiry above 7500 ??
[12:18]   Nandesh : shai nf is going up with only red in OF + with red delta. will u explain how interpretate
[12:25]   Shai : INTRADAY Buy NF above 7466 for 7487 and 7532 with SL of 7431
[12:26]   Shai : happens expiry week Nandesh
[12:27]   Nandesh : ok
[12:28]   Shai : avoid the BNF buy abv call on slack – we will stick to NF long call
[12:28]   Shai : risk higher here
[12:28]   r m : some covering of 7600CE seen http://screencast.com/t/hWNCxss7s3z
[12:32]   r m : oops, that is profit booking by writers i guess
[12:34]   RK : old sellers are showing up here in both contracts
[12:40]   DrBansal : shai,Band in nifty is pink,while call iin nifty is Long.?
[12:41]   Shai : Exit the NF intra longs at 7565 now at cost – Intra day
[12:42]   Shai : stepping aside – No open positions
[12:42]   Vikkas : +1 shai
[12:46]   Vikkas : we have a Single print just abv the IBH
[12:48]   Shai : yes
[12:48]   Shai : 7449
[12:48]   Shai : lost here for NF- abv IBH can go to that 7494 anomaly and repair Mon poor lows
[12:49]   Shai : weakness only if IBH goes away now
[12:49]   Vikkas : noted thanx shai
[12:49]   Shai : thought of taking that long view but orderflow against it
[12:50]   Shai : also BNF was not showing greens on rise
[12:50]   Vikkas : yes this cud prolly be a stop eating rise
[12:51]   DrBansal : Shai,IBH 7473?
[12:51]   Vikkas : IBH 7447.90
[12:51]   Vikkas : high and low of the 1st hour of the day
[12:53]   DrBansal : THAT I KNOW,BUT NOT SEEN WRITTEN IN THE CHART.
[12:56]   Kathir : @Dr right side of 5 min footprint chart IB high low mentioned – it is not visible if the price is not in the screen due to more range
[12:57]   Tejpreet : Shai vix support level for this move (10:10) Shai :vix is at day highs – can do 19.92 and 20.42 still cmp 19.05
[12:57]   Shai : 18.25 and 17.10
[12:57]   DrBansal : Thanks,Kathir.
[12:58]   Tejpreet : Thanks Shai.
[12:58]   RK : BNF greens here
[12:59]   RK : ok partly roll over..FEb shows red
[13:01]   Kathir : @Dr welcome also note that IB values have black background colour
[13:01]   Uttam : BNF taking sup @ VAH?
[13:02]   Uttam : and NF @ YPOC
[13:03]   Sandip : nf profit booking on top is in good numbers
[13:03]   Vikkas : SP abt to go
[13:03]   Vikkas : brk it man
[13:04]   Shai : 7500 pe abv 58 should do 84 sl of 40
[13:05]   Porus : shai can you give me tgt and sl for 7400 pe
[13:06]   Shai : 7400 pe ha sres at 17 now but abv 17 can do 29 sl of 10
[13:08]   Porus : ok
[13:08]   Uttam : now BNF breaks below YVAH & NF below YPOC 🙂
[13:08]   Shai : short BNf again 15572 sl of 15632 tgt 15500/ 15420 : Trade 50% qty
[13:09]   RK : Shai can you update dVAH and dVAL for NF?
[13:10]   Tejpreet : 69 and 35 on my system.
[13:10]   RK : tks
[13:11]   Janak : what a ride crude is having in the span of 48 hours! 32-29-32-30 $ up-down-up-down
[13:11]   Shai : 7446- 7419 Jan
[13:12]   Porus : Janak, inventory is keeping it down, but Yellen expectations making it boyant.
[13:12]   Porus : ?
[13:12]   RK : thanks Shai..Tej yours have bigger difference
[13:13]   Janak : yeah it is now a direct political battale as iraq announced that it will cut oil supply
[13:13]   Tejpreet : yes 46 -19 is on my tpo one and volume one says 69 35
[13:13]   Janak : so yday crude shot up to 32 from 29 in 2 hrs!
[13:13]   RK : fine
[13:13]   Janak : and those US guys came down heavily to bring it down to 30 today
[13:14]   Janak : sending all mkts in a tizzy – wild swings will continue
[13:14]   Janak : how clever is the play! after US mkts closed – crude fell sharply 2$
[13:15]   RK : Shai NF on 19th whipped longs exactly at same highs of today and shown 7234 next day..just for info 🙂
[13:15]   RK : I mean shorts
[13:15]   Shai : yup recollect – also that 7435- 40 high volume zone from 2 weeks
[13:15]   Janak : shai if not anything else please include crudeoil charts here 🙂 u r a master-trader in crude man
[13:16]   Vikkas : shai do u trade commodities ..damnn didnt know this
[13:16]   Janak : a secret-revealation to all members here – no one trades crude like shia
[13:16]   Janak : shai
[13:16]   Shai : that 7425- 35 was the zone where the first buyer showed up and raced it to 7610 something
[13:16]   Shai : 2 weeks back
[13:16]   RK : so they holding +/- 20 of that 7430-40 for last few days
[13:17]   Janak : vikkas – we had direct guidance from shai for 2-3 years for crude – rm will vouch for that
[13:17]   Shai : since we broke it we have not been able to get past 7470
[13:17]   RK : true Shai..
[13:17]   Janak : we used to disturb him (mainly me :-)) till 12 in the midnight for crude calls
[13:17]   Porus : dont mind giving up stocks, if crude is included here 🙂
[13:17]   Kathir : @rk so now 7410 looks imp?
[13:17]   RK : all those Index PEs built through this series should have some hedge around this 7430
[13:18]   Janak : i think expiry will be above 7500
[13:18]   Janak : or around 7475
[13:18]   Janak : leaving all the pes and ces ciperless
[13:18]   RK : Kathir lets keep 7400..VWAP of Friday
[13:19]   Kathir : ok RK
[13:19]   Kathir : @vikkas we had charts for comm esp crude gold silver here after 3.30 ..
[13:19]   RK : I was actually looking for one flush below 7410-7400 but not happened..cut short at 7415
[13:20]   Porus : RK, what did you mean by hedge around 7430?
[13:21]   Vikkas : ohh wow kathir ..time to restart i supose 😉
[13:21]   Kathir : 🙂
[13:21]   Vikkas : shai r u listening
[13:21]   Vikkas : the master has gone quite 🙁
[13:23]   RK : Porus that’s just a guess..adding longs here as a hedge to take care of naked PEs..rejection at lower band of Value giving that thought
[13:25]   Janak : rm u have any links with hollande (french pres) ? we can get a note from him for shai to start crude charts here/;;
[13:26]   r m : he is not happy with me because of rafael deal 🙂
[13:26]   Porus : Right, ty RK
[13:26]   Janak : ha ha ha
[13:26]   r m : @Janak, in any case with crude reaching zero, you won’t need charts to trade it 😀
[13:28]   Rahul P : rm, wrb here plz
[13:29]   RK : Porus am looking for some extreme close way above from 7400 for expiry..price action so far since Monday provides bullish bias..so, expiry may add pain to 7500 CE writers and we may close around 7520 tmw and Friday back to 7400 is what am looking
[13:30]   Porus : Oh, ok.
[13:30]   r m : @Rahul, but if wrb is echoed in FEB Fut then again useless 🙂
[13:30]   Rahul P : RK, so far, it looks to be balanced…no sign of imbalance….actually this may pan out to be bad for bulls
[13:30]   Janak : RK exactly my view – rm – crude will go to 1 and then go to 7000 again 🙂 traders make a living out it man
[13:30]   Shanmugasubramanian : 7500 pe @ 64
[13:31]   Rahul P : @rm, ignore Jan futures…..give me wrb just on feb
[13:31]   Jitender : @RK option pain at 7500
[13:31]   RK : Jitender you are asking or telling?
[13:32]   r m : telling 🙂
[13:32]   Jitender : 🙂
[13:33]   r m : Jitender is option master but has never disclosed it here 🙂
[13:33]   RK : Friday was the first move above..and VWAP was 7401 and POC was 7410 and those are holding the move down since Monday
[13:33]   RK : thanks RM and Jitender 🙂
[13:33]   Jitender : just trying to be a good disciple to u & shai master:)
[13:34]   r m : lol Jitender, Shai only please 🙂
[13:34]   Rahul P : rm, wrb master 🙂
[13:35]   r m : lol
[13:35]   RK : but if we reverse on downside, am keeping 15400 BNF as ref..will join there and will have nice waterfall experience 🙂
[13:35]   Ashish : reds below vwap
[13:35]   Varun : shai cn u merge today with monday
[13:35]   Varun : in nf
[13:35]   Varun : fr some ref points
[13:35]   Rahul P : @RK, looking for that sub 7410 flush….but may close agian in a balance
[13:36]   Shai : well balnced bth mon and wed
[13:36]   Varun : thanks shai
[13:36]   Sandip : some short covering in pe’s
[13:36]   Varun : incomplete auction at top
[13:37]   Shai : yup that poorhigh mon
[13:37]   Varun : i think we cn bal here tmrw also
[13:37]   Varun : and then first day breakout
[13:38]   Shai : could
[13:39]   Shai : 7300pe and 7500 ce written and a floating workforece at 7400 ce pe
[13:39]   Rahul P : @varun, check snp profile for ref….thats not looking very promising for a breakout….just comparing NF & SNP for relative movement
[13:39]   r m : @Varun, writers will fall at your feet in gratitude then 🙂
[13:40]   Varun : i look at world only for relative
[13:40]   Varun : china down 10/12 but we nt falling, is a postive for us
[13:41]   Rahul P : we were lucky to have a holiday yesterday…today china was saved by state funds.
[13:41]   Rahul P : check the UT bar on shnghai
[13:41]   Shai : lost out on the conversation on crude-I was trading commos a few years back but not looke dat it in 2 plus years- want to specilsise here in NF and BNF
[13:41]   Shai : plus the odd hours were a problem
[13:42]   r m : @Shai, Janak was spreading the rumors that you will keep room open 24 X 7 now 🙂
[13:42]   Shai : haha
[13:42]   Rahul P : would love to see that…especially for sgx sessions
[13:43]   Shai : rrom is always open – just that we are on slack post nse
[13:43]   Janak : shai crude is game man
[13:44]   Janak : with ur knowledge – everyone in the room will become a trillionnaire just trading crude
[13:44]   r m : @Janak, Las Vegas at MCX!
[13:44]   Janak : shai is becoming mean and selfish and…………rm please help choosing some appropriate gaalis for shai ;;\
[13:44]   Shai : ignore the sgx and the dow guys – its a waste of time- only our volumes matter. besides even if globe does give us a huge gap the first 15 mins decide what happens to that gap here
[13:45]   Jitender : +1
[13:45]   RK : agree..
[13:45]   r m : mostly sgx nifty also closes the gaps before nse opens, they realize where the underlyings trade 🙂
[13:45]   RK : touchwood, none of the FED event gaps given me a hit to my swing posns in a gap open..
[13:45]   Shai : BNF at 15530 . Book 50% of the trade and hold balance with new TSL of 15585
[13:45]   RK : so no need to wory about events
[13:46]   RK : outside world
[13:46]   Rahul P : rm, its mostly locals who trade on eve & early morning sessions on sgx
[13:46]   r m : ok
[13:47]   Rahul P : ‘locals’ – dalton’s glossary
[13:47]   r m : lol
[13:47]   Rahul P : not the literal meaning 🙂
[13:48]   Shai : 78 : (13:04) Shai :7500 pe abv 58 should do 84 sl of 40
[13:48]   Shanmugasubramanian : now 76
[13:48]   Rahul P : @rm, give me a wrb plz…need that sub 7410 flush to take fresh posn
[13:48]   r m : yeah, Singapore locals need not trade, they survive on taxes the OTF pays 🙂
[13:49]   Shai : BNF at vw- if that breaks we have dat lows
[13:49]   Rahul P : @rm, profit from trading is tax free in singapore
[13:49]   Shai : vwap*
[13:49]   Shai : possible FA at 15629*
[13:50]   RK : PH with NF and FA with BNF
[13:52]   Ashish : 84 done
[13:52]   Shanmugasubramanian : tgt achieved in 7500 pe
[13:52]   Shanmugasubramanian : now 85.70
[13:54]   Shai : 92 possible hold tsl 70 on res
[13:54]   Shai : 92/107
[13:54]   Shanmugasubramanian : k shai tnx
[13:55]   Shai : Book balance in BNF shorts at 15510 now- trade hit 15490
[13:57]   Augustin : @Shai – What will be the intra target in NF if it breaks 7410
[13:59]   r m : guess 7390/7363 Hypo2
[14:00]   Shai : yes to 7390 and 7363 anomaly
[14:03]   Vikkas : shai isnt feb mnth showing heavy long built up at lower lvls
[14:05]   Augustin : Ok
[14:08]   Shai : yes Vikkas
[14:10]   Shai : these 2 days are noise for new positionals – hence we will enter fresh on friday or monday now swing setups
[14:11]   RK : Friday IB we will get a nice hint for new positionals..give alerto a rest till then 🙂
[14:12]   Shai : yup – no intra day tom
[14:12]   Shai : looks like the market wants to close Jan series at 7440
[14:13]   r m : series POC should also be near there only
[14:14]   Vikkas : agreed shai ..thanx
[14:14]   r m : @Kathir, please get set for your TTB calls tomorrow 🙂
[14:17]   Shai : ye RM
[14:25]   Sandip : wat are TTb calls?
[14:25]   Sandip : rm?
[14:28]   r m : @Sandip, just a joke between me and Kathir – Trip to bankruptcy calls 🙂
[14:28]   r m : it is all or nothing option trades close to expiry 🙂
[14:28]   RK : Target or forget trades 🙂
[14:29]   Sandip : lol ok 🙂
[14:47]   r m : only 7400PE/7500CE have OI built up now http://screencast.com/t/K3s5o6B6F0
[14:47]   Sandip : yup rm pretty true
[14:48]   Sandip : 7500 ce is still written largely… and 7400 ce is very nominally bought 🙂
[14:48]   Sandip : matlab people are betting that 7500 wont cross 🙂
[14:50]   r m : at the moment, these things can change very fast on expiry day 🙂
[14:51]   Janak : shai can short crude at 2110? ;-
[14:51]   r m : last week writers panick quickly because they write for pennies!
[14:52]   Sandip : yea i saw that today as well….call writing turned into call buying in a matter of 15 seconds with good change in price
[14:52]   Janak : it is either way writers will mint money – 7400pe writers and 7500 ce writers
[15:06]   Janak : Koyilandy’s (kerala) people turned up in force and cleaned the 57,000 square meter-lake on Tuesday, Republic Day – why? Collector offered free biriyani for that (and he kept his promise) :-)http://timesofindia.indiatimes.com/city/kozhikode/Some-Kozhikode-Biriyani-to-clean-a-lake/articleshow/50740051.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=TOI
[15:08]   Kathir null : test
[15:08]   Kathir null : test
[15:09]   r m : pass!
[15:13]   Jitender : 2morw big day in terms os results also
[15:14]   Shai : yes profile is getting completed- may move out tomorrow
[15:14]   Shai : what is net at 7450 ce pe?
[15:15]   Janak : in last hour?
[15:15]   Tejpreet : 52 7450 net
[15:15]   Sandeep : 52
[15:15]   Jitender : 74pe at 74.45
[15:15]   Vikkas : charts ?
[15:16]   Jitender : 74ce at 34.41
[15:16]   Jitender : 75ce at 67
[15:17]   r m : @Vikkas, Pune disconnected!
[15:18]   Jitender : tis post 3pm liquidation cud be an indicator:)
[15:18]   Tejpreet : I think Shai should give me a small seat in his office as back up 😉
[15:20]   Janak : rm sharma saab – aap ke rahul sharma saab meri jaan chura ke le gaye – http://indianexpress.com/article/entertainment/bollywood/asin-means-the-world-to-husband-rahul-sharma-his-pda-for-wife-on-twitter/
[15:20]   Janak : oye koi nahi jee – agle birth me try marenge ;;
[15:21]   r m : @Tejpreet 🙂
[15:24]   Janak : easiest trade is to sell 15600ce and 7450ce
[15:25]   Tejpreet : Shai any views on this (15:14) Shai :what is net at 7450 ce pe?
[15:25]   Sandip : call and puts now equally hammerred 🙂
[15:25]   Sandip : lets see where we open tommorrow
[15:25]   Janak : actually 500ce in BNF at 70 is a lucrative sel too
[15:25]   Janak : it will be 35 in first 15 min tom
[15:25]   Tejpreet : Post FED tonight big move should come at open .
[15:25]   Janak : oh FED tonight?
[15:26]   Janak : thnx tej – i was just about to punch few orders
[15:26]   Tejpreet : Nifty in a range since last 2 days ….100 pointer tmrw thanks to fed and expiry.
[15:26]   Janak : cancelled all – will sit back and watch now – maybe buying 7500ce is a good idea
[15:26]   Shai : I wanted net price if any1 tracking : (15:25) Tejpreet :Shai any views on this (15:14) Shai :what is net at 7450 ce pe?
[15:27]   Tejpreet : It is 52 any trade ?
[15:27]   Jitender : 56.2
[15:27]   Janak : 55-58 shai
[15:27]   Shai : could be a winner then but risk is higher
[15:27]   Janak : fed will spoil that party?
[15:28]   Shai : can see 100 on this profile is we move out tom or could clsoe at 7440 – that is the risk
[15:28]   Shai : 100 for the pair
[15:28]   Janak : oh u want to buy?
[15:28]   Tejpreet : How about short in feb as trend is down and long for expiry .
[15:28]   Sandeep : so shais suggestion is to buy the straddle but with higher risk there
[15:28]   Shai : actually feb is being sold last 20 points
[15:29]   Shai : No sandeep not a good r/r yet
[15:29]   Sandeep : ok shai
[15:29]   Shai : will see if we get cheaper by 1 pm tom
[15:29]   Shai : then worth it
[15:29]   Shai : maybe 30 we can buy
[15:29]   Tejpreet : Long 7400 call jan and long 7400 pe feb.
[15:29]   Sandip : callls getting in at last minute 🙂
[15:30]   Jitender : bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shai : bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Vikkas : bye all and happy evening
[15:30]   Ashish : Bye all
[15:30]   Shai : have a nice evening
[15:30]   Shanmugasubramanian : bye all
[15:30]   Arvind : bye all
[15:30]   Venkatesan : byeall
[15:34]   Suresh : bye all
[15:40]   Sandip : by