General Chat Transcript
Date and Time: April 29, 2015 09:25:01
[08:55] r m : Good Morning folks!
[08:56] r m : http://vtrender.com/levels-and-plan-for-29th-april/
[08:56] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2904/
[08:57] r m : Nifty APR Future levels Key Reference Area 8284 Hypo1 above 8284➜8324 SL 8230 Hypo2 below 8230➜8196 SL 8285
[08:57] r m : Banknifty APR Future levels Hypo1 below 18150➜17999 SL 18229 Hypo2 above 18245➜18370 SL 18145
[09:00] Vishal : GM RM
[09:01] Tejpreet : GM all.
[09:01] Sumit : GM everyone
[09:02] Porus : GM all
[09:02] r m : Hi Vishal
[09:02] r m : Results today – HDFC, Biocon, Ambuja, Hexaware
[09:02] Ashish : GM all
[09:03] Shai : GM all
[09:04] r m : Results tomorrow – Axis Bank, IDFC, Exide, Marico
[09:07] Kathir : Good Morning Shai RM and all friends 🙂
[09:07] r m : Hi Kathir 🙂
[09:14] Hemant : GM folks 🙂
[09:16] Ashish : Shai, Any long trade in Idea.
[09:17] Ashish : charts not updating
[09:18] Mahesh : gudmrng all
[09:20] Sharad : GM all
[09:23] Shai : resetting data – we should be fine in a min
[09:23] Mahesh : k
[09:25] Shai : idea supp 188.2 next few sessions
[09:26] Shai : tgt of the move 200.5/ 206
[09:26] Ashish : thanks
[09:26] Shai : that 8222 price put charts off a bit
[09:26] Shai : but it does not look traded
[09:27] Mahesh : can u zoom fp charts sir
[09:28] Shai : BNF looking good
[09:28] Shai : tgt of the move is 18370 and 18555 if 270 crossed
[09:29] r m : ODIN showing 3325 volume at 8222.30
[09:30] Kathir : @shai chance for Infy short?
[09:31] Shai : ok rm
[09:32] Mahesh : nifty facing selling at 8280 range
[09:32] Shai : infy 1946 supp
[09:33] Shai : but is it hgh risk short below 1946
[09:37] Shai : 18365- (09:28) Shai :tgt of the move is 18370 and 18555 if 370 crossed
[09:38] Shai : sellers are active here
[09:38] Mahesh : banknifty chart
[09:38] Shai : it is a Vpoc
[09:43] Shai : Buy BNF again around 18330- 18340 sl 19265 tgt 18405/ 18570
[09:43] Shai : sl 18265*
[09:44] Mahesh : its for all sir
[09:45] Shai : yes intra day
[09:45] Mahesh : k sir
[09:46] Shai : Based on the open type with stops below vwap
[09:47] Shai : breakout move abv 18400- http://screencast.com/t/VsviXzvPPgAF
[09:48] Kathir : @Shai thanks for infy info
[09:50] Kathir : @shai please adjust bnf delta chart a bit
[09:51] Shai : better?
[09:51] Shai : small buyers BNF at vwap
[09:52] Shai : should move upto 18400 again
[09:52] Kathir : Shai bottom still not clear
[09:52] Shai : but exit if sl goes- then it will fall to day low
[09:54] Kathir : @shai bnf delta chart unable to view MIN
[09:58] RK : Gm Shai,RM and all
[09:58] r m : Hi RK
[09:58] Kathir : Hi RK
[09:59] RK : Hi Kathir
[09:59] Shai : oh- better now?
[10:00] Kathir : yes shai thanks
[10:01] Shai : NF moving towards 8234 – sell below 8257 sl of 8285
[10:01] Shai : could now be a quite day
[10:02] Shai : Make an exit in BNf at cost price 18330- Place in system
[10:05] Shai : Money at 8300 CE is 98/- with 1 day to go
[10:06] Shai : That’s a lot of money for a writer
[10:06] Amit J : shai you view on man industries for long
[10:07] Sharad : Shai 8300 Ce is 35
[10:07] Kathir : ce+pe
[10:08] Sharad : ohh ok Thanks
[10:09] Shai : Man Ind price has met 64 Obj
[10:09] Shai : chances of 67 are there but we may not stay up for long and a dip is due
[10:10] Shai : 59.5 was breakout and a retrace there is a buy
[10:10] Vishal : shai ur views on Bharat Forge pls
[10:17] Shai : bhart forg 1205 positional supp tgt of the move is 1285
[10:18] Shai : 8268 big seller
[10:18] Mahesh : nifty short target sir
[10:18] Vishal : ok thnx
[10:19] Varun : cn u refresh data once @shai
[10:19] Varun : thanks
[10:20] Shai : 8234- (10:01) Shai :NF moving towards 8234 – sell below 8257 sl of 8285
[10:21] Varun : huge volumes
[10:21] Varun : shai rollovers ?
[10:21] Varun : in 6 min we hve done 10 lkh
[10:21] Shai : yes rolls
[10:27] Ashish : Shai, In BN composite chart, what’s dna 18402??
[10:28] Shai : prev vpoc and start of down auction a
[10:29] Shai : BNF weak now below 18280
[10:29] Ashish : Thanks..
[10:29] Shai : gets weaker below 18210
[10:29] Varun : shai no lottery trade this time?
[10:30] Shai : No weakness below 8210 no strength abv 8340
[10:30] Varun : range to play
[10:30] Shai : Looks like 8300 writers will pay it to 0
[10:30] Varun : hmm
[10:30] Shai : yesterday spike is still our ref area
[10:30] Varun : tht freak low of 8222
[10:30] Varun : does it finish the spike part
[10:31] Shai : yes
[10:32] Shai : http://screencast.com/t/qgi3jThJdNTL
[10:34] Sumit : rm’s favourite OF wave is here
[10:34] Varun : no my point was such rates taken into consideration which were nt viewed @shai
[10:34] Hemant : Shai exited all puts. Very precise analysis 🙂 Anything left to buy before expiry?
[10:35] Vishal : Shai view on Ambuja Cement
[10:35] Vishal : formed long legged doji yesterday + results today
[10:35] Shai : No Varun not for us in MP as no vol detected
[10:35] Varun : k
[10:37] Shai : ambuja showing signs of reversal ST
[10:37] Shai : I’m more confident of price abv 233.8 which is VAL of last week
[10:37] Shai : then tgt of the move is 240/ 246 and 255
[10:37] Shai : 255 is prev supply
[10:38] Vishal : ok.. what shd be stop.. in case results are bad.
[10:38] Vishal : 225?
[10:38] Kathir : Shai book profits in NF or hold?
[10:38] Shai : 242 if we get abv 234 today
[10:38] Vishal : or 220
[10:38] Vishal : ok
[10:38] Varun : shai shld we wait for val or book at spike low
[10:38] Varun : vaise we have a chance to repair a poor low
[10:39] Shai : Kathir book hal and trail 8251 as buyers not yet visisble
[10:39] Kathir : ok
[10:39] Shai : Hemant you seem to be mastering buy puts 🙂 . We wait now and see if buyers respnd
[10:41] Vishal : @Shai as per yesterdays plan.. can we go for 8500 CE here?
[10:41] Vishal : may series
[10:41] Hemant : Shai sir you’ve mentioned conviction many times, now i appreciate what it means.
[10:47] Shai : Yes Vishal
[10:47] Shai : Buyers now
[10:47] Vishal : ok thanks
[10:47] Mahesh : in nifty sir
[10:47] Shai : keep it as 3- 4 instalments and can buy 1 here
[10:48] Varun : was ppoc 52 @shai
[10:48] Shai : yes
[10:48] Shai : yesterday low was not poor
[10:49] Ashish : Shai, Banknifty a buy here
[10:49] Varun : does it have 2 tpos
[10:49] Varun : but the diff was just 1.5 point
[10:50] Shai : BNF a buy closer to 18180 F today with sl of 60- 70 points
[10:50] Shai : But breakout ove is abv 18400 F obly
[10:50] Shai : till then 18180-18390 rough range
[10:53] Mahesh : what is of wave line on screen sir
[10:54] Ashish : Shai, Hindunilever any trade?
[10:55] Shai : that is the positional OF
[10:55] Mahesh : kk sir
[10:57] Shai : HLL ooks like selling getting absorbed – abv 860 can give a short covering rise to 876/ 883 but we will visist these lows again
[10:58] Ashish : Thanks
[11:17] Amit J : SHAI ANY VIEW ON SKS
[11:33] Shai : sks a close abv 469 should give you 491/ 493
[11:33] Shai : buy dips to 444
[11:44] Kathir : @shai any possibilities for NF to revisit the highs today now?
[11:44] Tejpreet : Shai Hdfc is stable around 1200 time to go long in May series or wait for dip to 1160 post result to buy.
[11:50] Shai : NF Buy abv 8245 sl of 8220 tgt 8274
[11:51] Ashish : triggered
[11:52] Shai : yes hdfc stabilising
[11:52] Shai : can do 1244 and crossover abv 1244 to hit 1277
[11:52] Mahesh : in twitter i am not getting this msg
[11:54] Shai : It comes here first and updated from here
[11:54] Mahesh : kk sir
[12:00] Tejpreet : Tthanks Shai for HDFC.
[12:10] Shai : axis is also moving up on an open drive
[12:10] Shai : seeing an immedaite 563
[12:11] Shai : 532 sl
[12:16] Vishal : @ Shai view on TechM
[12:17] Vishal : can we accumulate for medium/long term?
[12:17] Shai : looks good immediate shor term
[12:17] Shai : should give 640 quickly
[12:18] Shai : close abv 640 more positive
[12:18] Shai : weekly*
[12:19] Vishal : ok thnx
[12:19] Hemant : Shai ok to aim for spot 8264?
[12:19] Shai : yes abv 8262
[12:19] Shai : abt**
[12:20] Shai : exit if this underlying green turns pinks as then morning sellers are back
[12:20] Vishal : can I buy may series 640 call option for techm?
[12:20] Shai : yes 640 is good for imm upside
[12:20] Vishal : ok
[12:26] Amit J : shai your view on axis
[12:26] Amit J : sorry
[12:29] Shai : axis- (12:10) Shai :seeing an immedaite 563
[12:31] Ashish : Shai, sellers in nifty
[12:32] Shai : yes some selling at yvwap
[12:32] Shai : but shoud be good abv that
[12:32] Shai : Buying response at lows
[12:32] Ashish : Thanks Shai
[12:44] Shai : 18345 is a seller
[12:45] Mahesh : sir the chart next to foot print is delta chart
[12:47] Shai : No it is total volume traded chart
[12:47] Shai : delta is in the pane below FP chart
[12:47] Mahesh : kk sir
[12:47] Shai : 8271
[12:48] Shai : vix below 17.20
[12:48] Shai : tgt below 17.20 is 13.98
[12:48] Mahesh : can we book at 8271
[12:48] Shai : so May options may decay a bit into next week
[12:48] Shai : yes book part
[12:48] Tejpreet : Can 8300 call at 29 turn into the so called lottery trade.
[12:49] Shai : ride at vwap rest tgt 8296 to cover full
[12:49] Mahesh : k sir
[12:49] Shai : Tejpreet No indications yet
[12:49] Shai : is a normal day playing out confined to IB
[12:50] Tejpreet : ok …guess willhave to wait n watch.
[12:50] Mahesh : today option buying cant be much sir as the day rotats
[12:51] Mahesh : as the candel was green and delta candel red means weekness sir
[12:53] Shai : enough buyers now to touch 8296
[12:54] Kathir : Shai can bnf do 18540 now with Sl below vwap
[12:57] Shai : cover all NF
[12:57] Ashish : big seller in NF
[12:57] Ashish : SHAI???
[12:57] Shai : see that green was there at 8270 to hold – (12:53) Shai :enough buyers now to touch 8296
[12:57] Shai : yes seller
[12:59] Shai : sellers a highs
[12:59] Shai : could be longs from 8250 cashing out
[13:00] Shai : can still move to 8332 abv 8288 on sc
[13:00] Shai : but high risk to chase here
[13:01] Ashish : Shai, NF can be shorted for VWAP?
[13:02] Shai : yes sl 8330
[13:02] Ashish : ok, thanks
[13:02] Shai : exit is 8288 does not break
[13:02] Shai : if*
[13:03] Ashish : ok
[13:06] Amit J : shai 8300 put at 41
[13:06] Amit J : can i buy that with 39 sl
[13:06] Amit J : your old level
[13:09] Shai : YES
[13:10] Shai : but expiry looks range bound now unless something breaks in last hour
[13:10] Shai : you will have to hold it till 3 tom
[13:12] Shai : 8264 vah is a buy supp
[13:12] Tejpreet : Hindalco at support lvl… 130 call at 1.45 is it a buy Shai?
[13:13] Shai : No does not project immediate upside
[13:14] Shai : profile in range says 128- 132
[13:15] Tejpreet : Ook .very tight range not much scope.Thanks.
[13:16] Shai : yes risk 1.5 for a gain of maybe 0.4
[13:16] Shai : there are strng buyers at 8260- 8270 from an hour earlier
[13:17] Sharad : Shai is it a FA now in NF ?
[13:20] Shai : No – has to break vwap and go day low
[13:20] Sharad : i mean morning low IB low broken 8222 to 8220 and day IB high crossed
[13:21] Sharad : so FA of down auction at 8220
[13:21] Shai : ok if you consider that freak of 8222
[13:22] Sharad : yes
[13:22] Shai : but I think EOD data will not show it
[13:25] Sharad : ok
[13:31] Shai : locked again Buyers at 8260 and sellers at 8320
[13:50] Amit J : 41 broke. put writers in control now
[13:51] Shai : BNF 18500 ce at 78 – lootery trade
[13:51] Shai : lottery**
[13:51] Varun : 🙂
[13:52] Shai : tgt of the move is 18555 F
[13:53] Amit J : sl?
[13:54] Shai : position size as lottery trade
[13:54] Shai : seeing outside possibility of 18690 F also
[13:55] Kathir : intra ?
[13:55] Shai : in which case it becomes 1: 2.5
[13:55] Shai : No till tom
[13:55] Kathir : ok
[14:00] Shai : Selling near 8320 NF is determined
[14:00] Shai : since yesterday- someone just selling there
[14:00] Kathir : if bnf goes to 18555 today that ce will be 153
[14:00] r m : it is buy it, shut it and forget it (till it wakes you up by explosion) type of trade 🙂
[14:01] Shai : maybe diff today but siggesting a buy now as it can run away in mins at open tom
[14:02] r m : ok
[14:03] Amit J : heavy selling
[14:05] Sharad : Shai looks OTF seller here
[14:05] Shai : yes
[14:05] Sharad : ok
[14:05] Shai : 2 players locking it 8260- 8320
[14:05] Amit J : shai avg here?
[14:06] Shai : (13:31) Shai :locked again Buyers at 8260 and sellers at 8320
[14:06] Shai : BNf?
[14:06] Amit J : call
[14:06] Shai : navg near 18300
[14:06] Amit J : ok
[14:26] Kathir : NOPREMIUMIN NF AND BNF
[14:31] Hemant : Shai, will the move on BNF to 18500 be swift? Is it expected today or tomorrow?
[14:32] Ashish : HDFC numbers are out, looking good…any views on this??
[14:38] Shai : Yes BNf move can come tom – close could be here 18310
[14:40] Varun : `shai dnt we hve unfinished business bween 8220-8209
[14:40] Shai : from yesterday?
[14:40] Shai : No
[14:40] Varun : no from today
[14:41] Varun : we did business below poc, but didnt go to val
[14:41] Varun : in 80%
[14:41] Shai : was an FA below IB
[14:42] Varun : tht was a no trade low
[14:42] Varun : ?
[14:42] Shai : yes
[14:42] Shai : No but that happens need not visit VAL all the time
[14:43] Amit J : 18300 avg here?
[14:44] Varun : so wht qualifies as unfinsihed business
[14:44] Shai : Amit let’s wait till we see greens
[14:46] Shai : Quite a few actually- FA, poor highs all exmaples of unfinished business relative to the time frame
[14:46] Varun : k thanks
[14:46] Shai : unfinished means a mkt has to get back in there again
[14:48] Amit J : shai your view on geometric above 138
[14:49] Shai : can avg BNF call here
[14:50] Varun : shai do we have apoor low on nf profile after n profile
[14:50] Shai : N?
[14:50] Shai : Toay is inside day in NF and a repair of yesterday spike
[14:50] Varun : n tpo
[14:51] Varun : ok
[14:51] Shai : auctiona ccepting the spike range
[14:51] Shai : ok but see there was small excess risght at 8324 yesterday
[14:51] Varun : so poor highs and lows shld be mostly outside orevious spikes/value area
[14:51] Shai : and minor one at 8193
[14:52] Shai : so RB 8193- 8324
[14:52] Shai : yes
[14:52] Varun : but shai in real time it was not at 8193
[14:52] Varun : we came back till 8195
[14:53] Shai : But OTF at Open hel lows
[14:53] Shai : Open was ORR
[14:53] Varun : k
[14:53] Shai : auction not moved away from range
[14:53] Shai : besides POC also sideways
[14:56] Amit J : bn is waiting for axis result
[14:56] Tejpreet : Amit when is axis due?
[14:59] Amit J : anytime
[14:59] Shai : BNF close can be here
[14:59] Shai : unless axis changes things 🙂
[15:02] Amit J : axis FA possible
[15:02] Amit J : no sorry too much time taken
[15:02] Amit J : you can buy man industries for 2 days
[15:03] Amit J : 65.5 cmo
[15:03] r m : tomorrow
[15:03] Shai : Good move on Man watch that 67
[15:12] Tejpreet : Shai bn move is till on picked up 18300 call now at 80. Ok to carry
[15:12] Tejpreet : any hedge
[15:14] Shai : carry that move can come as long as we stay abv 18170 spot
[15:14] Kathir : @shai any possibilities for a gap up tomrw in bnf
[15:14] Shai : 18550 tgt spot
[15:15] Shai : No Kathir expiry days dn’t gap up much
[15:15] Kathir : ok
[15:16] Amit J : fomc meeting today
[15:16] Amit J : gap possible
[15:16] Kathir : oh is it
[15:17] Shai : aah ok- I forgot that 1
[15:17] Kathir : anything expectd in FOMC rate cut increase etc Amit?
[15:18] Amit J : no
[15:20] Kathir : ok thanks
[15:22] Amit J : good nos axis
[15:25] Shai : 553
[15:26] Shai : 563 still a tgt
[15:27] Shai : NF all these volumes coming arre rolls
[15:28] Shai : 558 axis
[15:28] Tejpreet : Thanks Shai for axis call booked out now.
[15:29] Amit J : 67 man
[15:30] Shai : BNF al risght for longs
[15:30] Shai : NF stilla aworry
[15:30] Ashish : Thanks all
[15:30] Shai : Bye all
[15:30] Varun : shai cn u put may profile in todays blow
[15:30] Shai : Have a nice evening
[15:30] Varun : for ref tmre
[15:30] Hemant : Shai, averaged that call on BNF
[15:30] Sharad : Bye all
[15:30] Shai : sure
[15:30] Porus : bye all
[15:30] Tejpreet : Bye all
[15:30] Varun : blog
[15:30] Varun : thanks 🙂
[15:30] Varun : bye
[15:31] RK : thanks and bye all
[15:31] Hemant : have a day ahead
[15:31] Shai : inside day profile
[15:32] Shai : 8458 and 8404 excess May
[15:32] Shai : bounce due but it will be shorted
[15:33] Varun : thanks shai
[15:34] Amit J : it means tom exit in open
[15:34] Amit J : long
[15:34] Amit J : ?
[15:34] Shai : No I think 200 pint ride up may be there in NF
[15:35] Shai : don’t have May values but spot can go to 8464 roughly
[15:35] Amit J : ok
[15:35] Amit J : also shai can you please check man ind chart on closing
[15:35] Amit J : i have huge qty
[15:35] Shai : if that is not taken down we fall to 8000- 8070
[15:35] Varun : 8000-8060
[15:35] Varun : will get us to -70 types again for mo
[15:36] Varun : good place to buy options
[15:36] Varun : probably first day next clearing
[15:36] Varun : lets see
[15:37] Shai : Man 67 was my obj
[15:37] Shai : can’t see much on current volumes unless volume breaks out 2 x in opening hour tom
[15:37] Amit J : vol will be 5 x in first 1 hr due to result
[15:37] Amit J : today is result
[15:38] Shai : ok
[15:38] Shai : sustains 67 abv then go for 78 tgt
[15:38] Shai : else exit
[15:38] Amit J : price should be gap up above todys price. thanks
[15:38] Amit J : thanks got it
[15:39] Amit J : axis will fire tomorrow. fii limit hiked
[15:39] Shai : oh
[15:39] Shai : great news
[15:40] Amit J : i dont see any negativ in fomc also. lets see
[15:41] Amit J : bye, have a nice day
[15:41] Shai : bye
[15:41] Shai : catchup tom
