General Chat Transcript
Date and Time: April 27, 2015 09:14:49
[08:58] r m : Good Morning folks!
[08:58] Porus : GM RM and all
[08:58] r m : http://vtrender.com/levels-and-plan-for-27th-april/
[08:58] r m : Hi Porus
[08:58] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2404/
[08:59] Tejpreet : GM all
[08:59] r m : Nifty APR Future levels Key Reference Area 8360 Hypo1 above 8362➜8393➜8432 SL 8315 Hypo2 below 8310➜8278➜8253 SL 8365
[08:59] r m : Nifty Spot Weekly levels Support 8257/8143/8065 Resistance 8365/8410/8473
[08:59] r m : Banknifty APR Future levels KRA 18165 Hypo1 below 18035➜17925 SL 18170 Hypo2 above 18165➜18240➜18290 SL 18035
[09:00] r m : Banknifty Spot Weekly levels Support 17800 Resistance 18450
[09:02] RK : GM Shai,RM and all
[09:03] Ashish : GM all
[09:03] r m : Hi RK
[09:05] Hemant : GM Folks
[09:06] Tejpreet : Icici results today any indication on time of results.
[09:11] Sharad : GM all
[09:14] Sumit : GM everyone
[09:15] Mahesh : gudmrng sir
[09:17] r m : (*** Private to RK ) Hi RK, Stop for Dr Reddy is PDH?
[09:17] Vishal : GM ALl
[09:18] Shai : GM all
[09:20] Shai : expiry week
[09:20] Shai : all eyes on the 8300 PE
[09:21] Mahesh : sir the levels given by u can i trade
[09:23] Shai : yes all levels are for trade- but watch orderflow for confirmation
[09:23] Amit J : shai any hope for those last min seller?
[09:23] Amit J : sorry last min buyers
[09:23] Shai : not a great open for thse buyers
[09:24] Shai : Open within spike
[09:24] Shai : 8280- 8350 was a fairly big spike
[09:26] Shai : See this sliding fown to 8296
[09:27] Shai : buyers not active yet at this open
[09:27] RK : Shai pls check Ultracem..some agressive move in open either way
[09:29] Shai : yes looks good abv 2728
[09:29] Shai : can tgt 2820
[09:29] RK : stop?
[09:30] Shai : sl below 2685
[09:30] RK : thanks Shai
[09:31] Shai : NF with sl of 8331 can do 8296/ 8278
[09:32] Shai : Kra for us for strength was abv 8360 F today just abv the spike highs to ensure continuation of friday late afternoon move
[09:33] Shai : till that happens it could trade the spike zone
[09:40] Shai : one buying response seen 8294F
[09:40] Shai : but 8315 is te bigger seller now on intra
[09:54] Shai : 8315 seller is pushing the Index down
[09:55] Shai : that buying reducing at 8295 now
[09:57] Shai : 8300 put at 55 and below will make it safe for those writers today
[09:57] Shai : else tliquidation abv 90
[09:57] Shai : liquidation
[09:57] Shai : cmp is 75
[09:57] Shai : 8257 spot is our supp line
[09:58] Shai : seller is stronger now on this open
[09:58] Shai : seller in NF**
[10:06] Shai : 17925 strong BNF buyer
[10:06] Shai : just like friday
[10:11] Shai : new sellers NF
[10:12] Amit J : 8257 gone
[10:12] Hemant : Any buying left Shai sir?
[10:14] Sharad : see the green buyers,,,, huge
[10:14] Shai : Sell BNF 17910 sl 17960 tgt 17815
[10:16] Shai : Seller is stronger abv
[10:20] Shai : 8300 pe looks headed for 135/ 140
[10:20] Vishal : @Shai Sir
[10:20] Vishal : how maruti looking today?
[10:21] Vishal : any chances of break out aboe 3600
[10:21] Shai : vwap at 8294 cross can help bulls
[10:22] Shai : Maruti does not look good for longs
[10:22] Vishal : ok gr8 thnks
[10:23] Shai : 3545 is supp now on day
[10:23] Shai : is that breaks it will slide to 3512/ 3452
[10:23] Shai : 3545 has buyers of last week and 3595 today seller
[10:24] Shai : So far the profile is looking like last Mon
[10:24] Mahesh : buyers responding in nifty at lower levels
[10:27] Shai : yes agg buying – but to prove strength they have to take out vwap
[10:31] Mahesh : 0*13944 means sir no sellers at that price
[10:32] r m : no aggressive seller
[10:33] Mahesh : k sir
[10:33] r m : rm is OK, sir not needed 🙂
[10:33] r m : nor deserved 😀
[10:34] Mahesh : sir is just respect towards u . as i am a learner so
[10:34] r m : me too a learner 🙂
[10:35] Tejpreet : In NF 15 min chart after 8276 no values till 8782 …any significance.
[10:35] Shai : Yes Tejpreet stops gone below last wk low
[10:37] Amit J : lot of margin triggers today
[10:37] Amit J : at 11 more margin triggers would come
[10:37] Tejpreet : Thanks Shai but trades were done at 78 and 80
[10:38] Mahesh : only afer completion of candel we should take the FP into consideration
[10:38] Mahesh : sir
[10:40] Shai : No it is real time
[10:40] Mahesh : k sir
[10:41] Hemant : Shai sir, whats the target on Nifty Spot?
[10:41] Shai : 8144
[10:42] Shai : 8065 can be expiry if this continues
[10:42] Hemant : 🙂
[10:42] Hemant : Ty
[10:42] Shai : kep watching vwap for next 3 days
[10:42] Hemant : Got it
[10:42] Shai : pe writers are stuck
[10:43] Shai : 107 : (10:20) Shai :8300 pe looks headed for 135/ 140
[10:44] Shai : 84.5 and 60 2 levels supp in that 1
[10:45] RK : there was lot of positive air on Friday 8269 spot wont give up easily ..
[10:46] Shai : yes me too felt that buyers were taking a stand
[10:47] Shai : but this morning nothing above 8305F
[10:47] RK : Shai so today if we have no bounce and slowly drifts down..it will lead to some unwinding of med term investments also from cash..right?
[10:48] Shai : yes
[10:48] Shai : I see 8065 and that FA at 7727
[10:49] Shai : what will also happen is that series vwap goes down 200 points which is not good
[10:49] RK : yes
[10:49] Shai : would mean bounces to 8500 getting sold
[10:50] r m : yes though FIIs were net sellers in index futures
[10:50] Shai : But then tis is expiry RK – hedge for next few days longs but I have seen trend reverse from day 1 of new series
[10:50] Shai : like day 1 of this series
[10:51] Shai : the opton parameters are just too strong these days at NSE
[10:51] r m : MO is at -65 right now 🙂
[10:51] RK : Shai I quit most of my shorts on Friday evening..dont know whether to cry or smile now :))
[10:53] RK : RM Kathir would be happy with that MO no 🙂
[10:53] Tejpreet : What do you meanby option parameters are too strong at Nse.
[10:53] Shai : there should be Opp aroudn midafternoon to add shorts around 8290 F
[10:53] Shai : sl still 8330 F for me for day
[10:54] Shai : seeing strength abv 8360 F only to cut that 8300 ce growing
[10:55] Shai : Tejpreet what I meant was it is easier to alter the trend of the index on the monthly TF these days than before
[10:55] Shai : that 200 dma in indices ahs no relevance
[10:56] Tejpreet : Ok got it….thanks.
[10:58] Kathir : Good Morning Shai RM and all friends 🙂
[10:59] Tejpreet : Margin call making wockpharma fall like 9 pins down 12 %
[11:00] r m : Hi Kathir 🙂
[11:02] Amit J : shai Failed auction possible in both?
[11:04] Shai : possible but I see weakness below 8296 F on day
[11:04] Shai : trending downin 30 mins TF
[11:05] Shai : Place a part book order in BNF a 17870 and revise sl to 17945 on day on balance
[11:19] Ashish : Shai, buyers??
[11:19] Mahesh : buying at lower levels in nifty
[11:19] Porus : vwap crossed
[11:22] Mahesh : a retrace back can be used for buying
[11:28] Shai : In NF i’m comfortable buying only abv 8296 today
[11:28] Shai : there are stuck players who may use rises to exit
[11:33] Shai : vwap in NF shows buyers
[11:34] Shai : getthing interesting – now 2 time frames visisble
[11:34] Shai : 8296 to 8324 F is a trade with sl below 8270
[11:35] Porus : Shai, how do you determine the presence of 2 TF?
[11:37] Shai : morning was sellers in the FP 80% plus
[11:37] Shai : Now see green response
[11:38] Shai : should last more than 15 mins- 30 better
[11:39] Porus : Are these OTF or locals?
[11:39] Amit J : what is this red line at 8301
[11:39] Shai : lvn of morning
[11:40] Shai : Porus could be locals
[11:40] Mahesh : bottom green curve sir???
[11:40] Shai : OTF is not present generally this time
[11:41] Porus : ok
[11:50] r m : test
[11:52] Amit J : shai we have corrected exactly 900 pts from peak which was your only range level. (9122-8220)
[12:05] Kathir : @shai icicibank can short here any SL?
[12:14] r m : (*** Private to Kathir ) @Kathir, Shai will be back shortly
[12:18] Kathir : @SHARAD here?
[12:19] r m : test
[12:20] Kathir : passed 🙂
[12:21] Sharad : Yes Kathir
[12:22] Kathir : @sharad any trades in usd /inr from here
[12:22] Kathir : pe or ce for setlmt
[12:23] r m : @Kathir, trying to raise support, I am getting delayed chat messages
[12:24] Kathir : ok
[12:28] Sharad : No kathir… said earlier also.. 63.90/64 strong resistance and neckline of H&S .. and downside is limited
[12:28] Sharad : so no trade in INR ..i have not traded it for last 15 days
[12:30] Sharad : tomorrow expiry in currency
[12:32] Mahesh : buying again at low and on hvn of todays volume profile
[12:36] r m : test
[12:37] Mahesh : sir
[12:38] Kathir : @sharad thanks for the info
[12:41] Sharad : welcome
[13:24] Shai : staying below 8296 F is not good for longs in NF
[13:25] Shai : 8250 IBL break confirms more weakness
[13:26] Ashish : Shai, what will be the target below 8250?
[13:27] Shai : 8193 F
[13:27] Ashish : Thanks.
[13:32] Kathir : @SHAI any views for icicibank shorts from here? SL
[13:35] Ashish : Below 8250 now..
[13:40] Shai : icici bank is in a small range
[13:41] Kathir : ok
[13:41] Tejpreet : Shai how does hdfc look for long at spot 1200.
[13:41] Shai : I think downside is protected now at 303 and 301
[13:41] Shai : look to go long abv 314
[13:41] Shai : closing basis
[13:42] Kathir : ok thanks shai
[13:42] Shai : icicibank results today i think
[13:42] Kathir : yeah
[13:43] Shai : hdfc moving down to 1162 where we reassess
[13:44] Shai : may finsih at lows today so if chasing longs best time is last 20 mins or tom open
[13:45] Tejpreet : Thanks forlvls….hdfc may prop the index from tomorrow.
[13:45] RK : Maruti in top gear
[13:46] Shai : Ashish look for a red bar in the pane when a level breaks – that means more sellers with u
[13:47] Ashish : u mean the red bar whih is now at 8244
[13:47] Ashish : which*
[13:47] Mahesh : belowpane red and blue bars are cumulative delta sir
[13:54] Shai : yes the ones beow price pane
[13:54] Shai : now red
[13:55] Shai : hat shows aggressive players
[13:55] Mahesh : k sir
[13:57] Ashish : thanks Shai
[13:57] Kathir : @shai can we initate that NF short now below 8250 and SL
[14:02] Shai : yes
[14:02] Shai : see the diff when delta is used for your side
[14:02] Shai : immediate 20 point in your favor
[14:02] Ashish : that was quick
[14:03] Kathir : yeah
[14:04] Hemant : Shai sir, is it ok to aim for 8170 on spot today?
[14:04] Shai : yes 8162 looks poss
[14:05] Hemant : Looks all set for that move
[14:05] Shai : 8255 new seller
[14:06] Kathir : @Shai SL for this short?
[14:06] Shai : abv vwap
[14:06] Mahesh : sir is it good to take long or to wait
[14:06] Kathir : ok
[14:07] Shai : IB break stops always vwap+filter
[14:07] Shai : filter 7 point NF – 18 in BNF
[14:07] Kathir : ok got it.
[14:07] Mahesh : means vwap + or – 7 points
[14:08] Kathir : for short vwap + for long vwap –
[14:08] Mahesh : delta didnt increase as the sellers came in so
[14:19] Shai : pushed down again from 8255
[14:20] Shai : yes looking for more sellers
[14:24] Shai : 17821
[14:29] Shai : NF needs more sellers
[14:29] Mahesh : BANKNIFTY GOOD CALL SIR
[14:29] Ashish : made double bottom @ 8226
[14:29] Kathir : @RM please come
[14:30] RK : 2.30 friends are logging in and don’t know what they are going to hit Kathir 🙂
[14:30] RK : RM fighting with omninova and net provider today 🙂
[14:31] Tejpreet : icici bank down
[14:31] Kathir : 🙂 yeah some internet issues there
[14:32] Tejpreet : but numbers look ok…
[14:32] Amit J : bad nos
[14:32] Tejpreet : npas up
[14:36] Porus : Maruti results are good. But not helping NF much.
[14:42] Shai : 8300 strike now almost equal in OI
[14:42] RK : Shai pls bring down NF chart slightly
[14:43] Shai : PE reducing
[14:43] RK : writers exiting
[14:43] Mahesh : NIFTY MADE LOW BUT DELTA INCREASED SIR
[14:44] Shai : yes means new sellers not coming in
[14:44] Shai : 8255 old seller still holding
[14:44] Mahesh : YES SIR ITS DRIED UP NOW OR WAITING FOR HIGHS TO SHORT AGAIN
[14:44] Shai : Mahesh cut the caps
[14:44] Mahesh : k sir
[14:45] Shai : seller in control below 8266 vwap
[14:45] r m : (*** Private to Kathir ) I am here only, but my voice is suppressed by Omnovia – getting delayed chat messages 🙂
[14:46] Mahesh : pink line on chart was also delta line
[14:47] r m : (*** Private to Kathir ) you can contact me on gmail chat, no internet issues there 🙂
[14:47] Kathir : ok
[14:50] Ashish : Shai, any trade in apollo hospital?
[14:54] Shai : can’t see a big rise but a counter trend dtrade to maybe 1238 / 1254 with today lows as sl
[14:55] Shai : today’s seling has established 1306 as positional res and all rises up there will be sold
[14:55] Ashish : Thanks..
[14:55] Kathir : @nf not going below 8225 shal i hold short or exit ?
[14:56] Kathir : shai?
[14:56] Shai : Kathir traill to 8255 or exit here and sell below 8222
[14:56] Kathir : ok shai thanks
[15:02] Shai : Last Mon – sellers – http://vtrender.com/wp-content/uploads/2015/04/NF_tick10.png
[15:03] Shai : one major supp was broken then alos
[15:04] Mahesh : sir as of now we cant bet options ce for this expiry
[15:05] Kathir : @RM possible check MO?
[15:06] Shai : CE are being sold
[15:06] Shai : 8300 pe tgts are 130+
[15:06] Mahesh : k sir
[15:06] Shai : (10:20) Shai :8300 pe looks headed for 135/ 140
[15:07] RK : 8500 CE writers met their obj today 🙂
[15:09] Kathir : @shai bring down SL for NF or still 8255?
[15:16] Shai : intra book around 8222
[15:16] Rahul N : @shai can we buy 8100 pe for a drop to 8050?
[15:16] Kathir : ok
[15:16] Shai : Rahul better go with 8000 PE of May and sell 2 lots of 7700 PE May
[15:16] Kathir : @shai as a risk trade shall we hold 8100 pe nf for that 8044 trade?
[15:17] Shai : can Kathir
[15:17] Shai : Buy tom if day lows get broken
[15:17] Rahul N : ok
[15:17] Kathir : ok thanks
[15:17] Rahul N : @shai whats your view on axis and dlf future?
[15:18] Shai : apr?
[15:18] Rahul N : april
[15:19] Tejpreet : Amit any news on wockpharma
[15:19] Tejpreet : down 20 percent
[15:19] Shai : axis weak belw 543 tgt is 503
[15:20] Shai : f
[15:21] Shai : dlf trend down – can’t see it doing much till 131 is crossed tom
[15:21] Shai : small relief may come if it manages to stay abv 126 tom
[15:21] Shai : again F
[15:22] Shai : 8222 is here for intra dayers to cash out
[15:22] Ashish : and for positional??
[15:22] Shai : Positional stay short – we add below 8210 tom f
[15:22] Ashish : ok
[15:22] Ashish : thanks
[15:22] Shai : that 8300 PE is stuck
[15:22] Shai : will review the OI on that 1 tonight
[15:23] Shai : can happen excatly like what happened to 8500 PE last week
[15:23] RK : 8600PE?
[15:24] Kathir : @RK my lucky PE 🙂
[15:24] Shai : 8500 pe- 9000 ce were the 2 big players in 1st few days
[15:24] Shai : now equal at 8300 pe
[15:24] RK : had two rounds of profit and 3rd round SL hit at 46 now 380 🙂
[15:24] RK : @Kathir
[15:25] Kathir : bad luck
[15:26] RK : got it Shai
[15:26] RK : Got it Shai
[15:27] Shai : (10:53) Shai :there should be Opp aroudn midafternoon to add shorts around 8290 F
[15:28] Shai : 8296 F level into expiry
[15:28] Shai : see these writers exiting every bounce
[15:28] Hemant : Shai, is it ok to partially exit puts at 8206?
[15:30] RK : thanks and bye all
[15:30] Tejpreet : Bye all.
[15:31] Mahesh : bye sir
[15:31] Shai : Bye all
[15:31] Mahesh : bye sir
[15:31] Shai : Have a nice evening
[15:31] Kathir : thanks and bye all 🙂
[15:31] Porus : bye all
[15:32] Hemant : good by for today, see you tomorrow.
[15:32] Hemant : 🙂
[15:32] Ashish : Bye all
[15:33] Vishal : Bye All