OrderFlow charts and Notes 31/07/15

[08:55]   r m : Good Morning folks!
[08:55]   r m : http://vtrender.com/levels-and-plan-for-31st-july-2/
[08:55]   r m : http://vtrender.com/orderflow-charts-and-notes-290715-2/
[08:56]   r m : http://vtrender.com/option-values-dt-300715/
[08:56]   r m : Nifty AUG Future levels | Key reference area 8440 | Hypo1 above 8491➜8515➜8546 SL 8442 | Hypo2 below 8420➜8382➜8360 SL 8466
[08:56]   r m : Banknifty AUG Future levels | KRA 18486 | Hypo1 above 18576➜18622➜18691 SL 18481 | Hypo2 below 18440➜18380➜18340 SL 18576
[08:57]   Shai : GM all
[08:59]   John : GM all 🙂
[08:59]   Shailesh : GM all
[09:00]   Rajasekharan : GM all
[09:01]   Mohul : GM All
[09:01]   Kiran : GM friends.
[09:01]   Sandesh : GM all
[09:03]   Suyash : Morning all !
[09:03]   Vikkas C : GM all
[09:04]   Tejpreet : GM All.
[09:05]   Sankar : GM Shai, RM 🙂
[09:06]   r m : Hi Sankar 🙂
[09:07]   Sankar : Prime levels are based on futures right? (Bcoz I read it uses volume to find the PP0).
[09:07]   Sankar : Thought it will change, as we are in new series.
[09:07]   Sankar : Anything wrong in my understanding?
[09:10]   r m : gap up again!
[09:11]   Moses : GM All
[09:12]   Sandeep : SHAI do we have ppo levels for august updated
[09:12]   Ashish : GM all
[09:14]   Shai : will update the PP0 levels in a bit
[09:15]   Venkatesan : gm shai,rm and frends
[09:15]   Shai : some one got stcuk at 18640
[09:16]   Shai : new series
[09:16]   Shai : allow a few mins for it to settle
[09:17]   Shai : yesterday’s trading was positive even though we halted at vwap in Nifty
[09:17]   Manoj : GM RM
[09:17]   Shai : using 8492 bootom of the single prnys for cntinuation
[09:18]   Shai : prints*
[09:18]   r m : Hi Venkatesan, Manoj 🙂
[09:19]   Shai : buy Nifty here- will update sl and tgt
[09:20]   Shai : 8530 book
[09:20]   Shai : I thought it will run away
[09:20]   Shai : hence told buy
[09:21]   Ashish : too godd shai
[09:21]   Ashish : good*
[09:21]   RK : Gm Shai,RM and all
[09:21]   Shai : 🙂
[09:21]   Tejpreet : What a wake up call Shai …boom boom.
[09:21]   RK : Shai before you complete Bu….y…its gone Shai 🙂
[09:21]   RK : or before I complete reading that bu….y
[09:22]   Ashish : Shai, banknifty targets on upside
[09:22]   Shai : jeez
[09:22]   Shai : 18976 and the FA at 19000 if we close abv 18635 today
[09:22]   John : shai is this huge volume in 5 mins?
[09:23]   Shai : yes John
[09:23]   Ashish : Thanks Shai
[09:23]   John : ok thanks Shai
[09:23]   Tejpreet : Looks like run up till RBI meet.
[09:24]   Shai : possible
[09:24]   Shai : that seller at 8525 is huge
[09:24]   Shai : 8545 aug F is last week’s lows
[09:24]   Shai : so expecting some sellers there
[09:24]   Shai : 18757 aug F in BNF
[09:26]   Shai : Buy NF again 8507 sl of 8486 tgt 8545
[09:27]   Shai : buy abv 8507**
[09:30]   Manoj : i bot @ 8510
[09:31]   Shai : so much movement in the frst 5 mins- could have given us 20 points yesterday at close 🙁
[09:31]   Tejpreet : NF in good premium after a long time …30 points.
[09:31]   Augustin : True 🙁
[09:31]   Shai : vwap of july settlement was 8446
[09:32]   Manoj : i also bot bnf @ 18635
[09:32]   Shai : keep watching that number all day today and into next week as a support spot
[09:34]   r m : Hi RK 🙂
[09:37]   Sumit K : Shai 8500 ce levels
[09:38]   Shai : Positional Buy Call BNF : Buy abv 18657 sl of 18342 tgt 18972/ 19286
[09:41]   Tejpreet : Shai positional lvl in nifty above which longs are safe.
[09:45]   Venkatesan : shai +1 8504 ? in mp chart, what is the figure
[09:47]   RK : Shai BNF VWAP of July ls
[09:54]   Vikkas C : @RK its ard 18665
[09:54]   Shai : RK 18628 spot
[09:55]   Shai : Venkatesan that is an extension level
[09:55]   RK : thanks Shai
[09:55]   RK : thanks Vikkas
[09:55]   Shai : Tejprett 8530F
[09:56]   Tejpreet : thanks Shai
[09:57]   Manoj : nf sl hit but i did not exit should exit ????
[09:57]   Naveen : nf sl
[10:00]   Shai : NF sl taken
[10:00]   Shai : if holding keep sl 8482
[10:01]   Manoj : ok
[10:01]   RK : we got 33k stuck at lows
[10:01]   Shai : but exit if vwap is not taken out
[10:02]   Tejpreet : Shai 8500 call lvls .
[10:02]   RK : my 2 cents, if we have contra move around 10, allow some buffer as it may be due to set a range for the day..we may get a rejection and back to original trend after 10.15..just an observation
[10:03]   Tejpreet : +1 for your observation RK.
[10:04]   RK : close watch of OF helps in such times
[10:04]   r m : Thanks RK
[10:09]   RK : Welcome RM 🙂
[10:10]   Shai : 8500 ce has 106 as support res seen at 135 and can do 159 if crossed
[10:11]   Shai : NF that seller at 8525 is prevailing over the early buyers from 8486
[10:11]   Shai : for new buying to come vwap has to be taken
[10:12]   Sankar : any calls worth for the RBI event coming up?
[10:12]   Shai : g for BN 19000 ce abv 18650
[10:12]   Tejpreet : Thanks for 8500 call lvls
[10:12]   Venkatesan : thank you shai and what is average roll over?
[10:14]   Shai : I haven’t looked at the data yet- will update
[10:14]   Venkatesan : ok shai
[10:15]   Shai : I’m a big believer that expiry should be n a friday – do it in any week but a friday. Can’t understand this thurs business
[10:15]   Shai : hw many of you agree?
[10:15]   Manoj : friday is right
[10:15]   Srini A : +1 Shai
[10:15]   Mohul : +1
[10:17]   Sankar : lol. I wud prefer to have no expiry 😉 . but on serious note, I completely agree. series shud end on Friday. Heard in some other world markets, expiry is at Friday.
[10:18]   Shai : yes
[10:18]   Vikkas C : +1 shai
[10:19]   RK : for fut contracts why should we have monthly contracts?..let it be like current,next and far contracts and dont settle it..let it roll forever…wild thought :)..but agree that thursday drain us and unnecessary spikes on Friday again 🙂
[10:20]   Suyash : There are weekly options in the US markets. I think even that could be a good idea
[10:21]   Shai : I think the weekly options will come here as well
[10:21]   Vivek K : in us there are no stock futures only stock options. same should be done here
[10:21]   Tejpreet : Stock options should have cash settlement like old times.
[10:22]   Vivek K : and god knows why they have a filthy instrument like VIX here which doesnt trade a single lot, some serious flaw here?
[10:22]   RK : Shai cant see developing values in FP chart
[10:24]   Shai : lol Vivek – Filthy 🙂
[10:24]   Shai : Now morning buyers are again countering
[10:25]   Vivek K : shai, i fail to understand why there is no trade in this
[10:25]   Vivek K : what is reason?
[10:25]   Manoj : Let them do 2IB in nf & 3IB in bnf
[10:26]   Shai : Yes I know- I traded it for 3 weeks prior to elctions but then it lost it’s charm as they floor managed the premiums
[10:27]   Naveen : any fresh levels again for nf here shai??
[10:27]   Shai : I guess it did not work
[10:27]   Shai : RK- will update the devloping values
[10:28]   RK : fine Shai
[10:28]   Shai : Naveen same long view abv 8507 again but looking for more buying conf now
[10:31]   Naveen : ok shai
[10:31]   Naveen : thanku
[10:33]   Manoj : Reliance Ghaan kar raha hai Yaaar
[10:51]   RK : high=LVN-0 just noticed..what a precise projection and what a fierce rejection afte such surge 🙂
[10:51]   Shai : could be one of us selling there- question is who? 🙂
[10:52]   John : 🙂
[10:52]   RK : certainly me no..not yet trained myself to do such fierce anticipatory trade 🙂
[10:52]   Manoj : ha hashai 🙂
[10:52]   RK : but seriously thinking about that LVN trades..great RR 🙂
[10:53]   Varun : 🙂
[10:55]   Vivek K : varun barista has moved from 55 to 155 in a month
[10:56]   Venkatesan : can shai himself
[10:56]   Varun : lol
[10:56]   Varun : told u
[10:57]   Varun : awesome cash thy have
[10:57]   r m : @RK, even low is within 3 points from LVN 🙂
[10:58]   Venkatesan : :)))@rm
[10:59]   RK : yeah right..but high is amazing after such open and drive :)..I think LVN are far supreme trade location for anticipatory trade with some 15 SL for NF..
[10:59]   RK : how many of you recollect any one instance we breached LVN without getting rejection?
[10:59]   r m : yes, can be traded with bracket orders very easily
[10:59]   Varun : a samll problem
[10:59]   Varun : lvn here are updated weekly
[11:00]   Shai : NF can do 8530 again
[11:00]   Manoj : & bnf shai ??
[11:00]   r m : Shai – Vachan 🙂
[11:00]   RK : Shai again Jeezzzzzzzz 🙂
[11:00]   Varun : where as lvn change
[11:00]   Vivek K : damn that was quick
[11:00]   Shai : what d hell
[11:00]   Augustin : what jsut happennned
[11:00]   Mohul : Algos!
[11:01]   RK : nope what the heaven!! 🙂
[11:01]   Shai : 🙂
[11:01]   Hemant : 8530 done so quick!
[11:01]   Vivek K : even zipping up a pant taakes lesser time than this move
[11:01]   Shai : and they call this a liquid instrument
[11:01]   Hemant : Whats next Shai, they are here in this room today 🙂
[11:01]   Augustin : ha ha
[11:01]   Suyash : i put in an order for 8507. there was a seller at 8507.15. I thought I’d get a fill. Next price i saw was 8530
[11:01]   RK : BNF buy slipped 🙂
[11:01]   Mohul : Today Algo’s are getting activated by Shai’s command 🙂
[11:01]   Hemant : Hello to Algos 🙂
[11:01]   r m : @Shai, are you sure you were not rubbing Alladin’s Chirag when you wrote that level 🙂
[11:02]   Venkatesan : :))) rm
[11:02]   Manoj : now my bnf also on fire
[11:03]   RK : Varun agree that LVN is a weekly no..but I prefer to attempt a trade when you hit that first time and not every time when we go there.
[11:03]   Manoj : shai positional bnf also on now
[11:04]   Shai : yes
[11:04]   Manoj : any intra tgt on bnf ???
[11:04]   Shai : wait fo a dip
[11:05]   Shai : for intra
[11:05]   Shai : some fierce selling coming here in NF again
[11:05]   Manoj : i am already long in bnf @ lower lvls
[11:05]   Vikkas C : shai no trades in NF between 8507 to 8525 can this be called an invisible gap
[11:06]   Tejpreet : But price hardly falling…. despite such selling
[11:06]   RK : now its that ALGO’s duty to take care of our longs
[11:06]   Manthan : GAP of 24/07 filled by BN
[11:07]   Tejpreet : Looks like some news based jump ….any one on TV.
[11:07]   Manthan : that 478000 seller in NF?
[11:07]   Shai : yes
[11:07]   Srini A : MAT issue
[11:07]   Augustin : @Shai TSL for Longs or book?
[11:07]   Manoj : its a news based spike
[11:08]   Manoj : a noews on MAT
[11:08]   Tejpreet : News based jump trigerred the algo order.
[11:08]   Shai : book augustin
[11:08]   Augustin : Tks
[11:09]   Augustin : Buy again above day’s high?
[11:09]   Manthan : Sellers at BN top too
[11:11]   Varun : RK first time it has an imp, but if crossed it should go, and new lvns shld replace it
[11:11]   Varun : it will make it more interesting
[11:13]   Manthan : EPFO investment in equity started??? 🙂
[11:14]   Varun : test to vwap on if we below 8530 at 11.15
[11:14]   Shai : buyers also here now
[11:16]   Kiran : Shai the bars in middle chart are of 30 M, can u please publish this same charts alongwith 1 Hr at EOD.
[11:16]   Shai : F positional buy abv 8542 sl of 8434 tgt 8642/ 8750
[11:16]   Shai : NF**
[11:17]   RK : Varun got it
[11:17]   Shai : yes
[11:18]   Shai : Vikkas intra day does not leave gaps in 95% cases- (11:05) Vikkas C:shai no trades in NF between 8507 to 8525 can this be called an invisible gap
[11:19]   Augustin : @Shai – Can short for Intra?
[11:20]   Vikkas C : ok got it ..was saying it as there was no trades between that zone 🙂
[11:20]   Augustin : or wait to go long at VWAP otr above day’s high?
[11:20]   Vikkas C : nf inside IB and BNF abv IBH
[11:20]   Vikkas C : contradicting moves
[11:21]   Rahul G : shai before the yellow line were the develoing value
[11:22]   Rahul G : if so they are different one at 8519 and the other at 8534
[11:22]   Manoj : RS adjourned till 12
[11:25]   Manoj : looks like bnf making a bullish flag intraday chart
[11:26]   RK : anybody got a fill in BNF around 18660?
[11:27]   Naveen : yes rk..got it at 18664
[11:27]   RK : gr8
[11:28]   Shai : Rahul will have t checked
[11:28]   Shai : but go with the 15 min chart for now
[11:29]   Naveen : 🙂
[11:29]   Shai : that vol in the chart is skewing data a bit
[11:29]   Shai : augustin no shorts – look for dips to buy
[11:30]   Augustin : Ok. Tks Shai
[11:30]   Shai : those buyers at 8485 are strong – have shown their committment twice today
[11:30]   Naveen : Shai that positional entry can also be considered for intra today?
[11:30]   Shai : if we come back to vwap we will buy again
[11:30]   RK : yeah me too shown my commitment at 8495 🙂
[11:30]   Shai : 🙂
[11:30]   Augustin : 🙂 RK
[11:31]   Naveen : ok thanku
[11:31]   Shai : be back in few mins
[11:44]   Manoj : bnf is still underperforming
[11:44]   Suyash : waiting for icici’s results probably
[11:46]   Manoj : might B
[11:55]   Shai : back
[11:56]   Vikkas C : back with the venegeance 🙂
[11:57]   r m : 🙂
[11:58]   Tejpreet : Shai all the reds at top in past 2 30 mt bar have not been able to move nifty down …above day high can we get quick scalp trade .
[12:02]   Shai : yes 8565 we can still see if IBH holds
[12:03]   Tejpreet : Great …thanks.
[12:05]   Shai : 8506 sl on day now
[12:06]   Shai : looking to enter on this dip now again NF
[12:06]   Shai : vwap arnd 8515
[12:07]   Shai : see the greens from 2.45 yesterday in the lower pane
[12:07]   Shai : they are the support into RBI next week
[12:07]   Shai : just few reds at the tp here but should not be a worry fr the greens we have seen
[12:08]   Vikkas C : so 8440 good SL
[12:08]   Shai : same in BNF
[12:08]   Vikkas C : gr8 thanx shai
[12:08]   Shai : the last hour y’day and this morning open
[12:09]   Vikkas C : yeah bought today mrng @ 18580 and sitting tight
[12:09]   Shai : I was making a case for BNf buys at the close y’day itself
[12:12]   Vikkas C : icicic result leak hua kya ?
[12:13]   Suyash : aa gaya
[12:14]   Vikkas C : before it flashed on cartoon network the stock had already moved 5 bucks
[12:15]   r m : Cartoon networks 😀
[12:15]   Vikkas C : 😉
[12:15]   Shai : 18700 revisist is a buy in BNF
[12:15]   Vikkas C : CNBC = Cartoon Network of Business community
[12:16]   Tejpreet : lol
[12:16]   Manoj : i exited @ 18749 cozz i saw a big seller @ 18750
[12:16]   r m : 🙂
[12:16]   Manoj : lol vikas
[12:17]   Vikkas C : ye BNF 18875 aaj hi show karega kya
[12:18]   Shai : poistional on track for 18950 plus
[12:18]   Vikkas C : ye ..me sitting tight for that 😉
[12:18]   Shai : that FA at 19015 is on T+4
[12:23]   Gaurav : Intra more upmove pending or highs done?
[12:24]   Gaurav : In nifty
[12:24]   Gaurav : ok just read looking to buy the dip
[12:24]   Tejpreet : Gaurav …(12:02) Shai :yes 8565 we can still see if IBH holds
[12:28]   Varun : poc mite shift up soon
[12:29]   Gaurav : Thanks Tejpreet, missed that
[12:31]   Shai : BNf greesn NF reds
[12:31]   Manoj : bnf did 2IB
[12:35]   Tejpreet : Guys just tried a site youtrader.in , gives good detailed view about cash prices …..got reference to it from twitter ….try it post market.
[12:41]   Kiran : Shai , what is the significance of candle POC, any trick to observe it ?
[12:42]   Shai : Buy NF 8537 sl of 8506 tgt 8566
[12:42]   Shai : kept sl a littel below vwap to avoid a vwap whisaw esp in next 1 hour
[12:43]   Shai : BNf is strong here – can propel it up
[12:43]   Shai : Kiran POC is the highest vol of a candle
[12:43]   Sankar : ICICI good results looks like.
[12:44]   Sankar : so BNF goes up and hope it takes NF also.
[12:44]   Shai : ICICI back in bracket abv 305 can still do 314/ 320
[12:44]   Sankar : Oh cool.
[12:44]   Manoj : i kept a sell order @ 18824.55 and it got hit and same 18825 is high of day lucky me
[12:45]   Shai : 🙂 Manoj
[12:46]   Shai : Mkt is always fair – sometimes it hits our sl sometimes a lucky tgt
[12:46]   Shai : 🙂
[12:46]   r m : 🙂
[12:46]   John : 🙂
[12:46]   Manoj : true shai
[12:46]   Manoj : but lucky tgt is rare and most time its sl 😉
[12:46]   Kiran : congrats manoj, I sold off at 18700.
[12:46]   Naveen : very true manoj 🙂
[12:58]   Varun : whts nf vwap now
[12:59]   r m : 8515 on my chart
[13:00]   Kiran : 8517
[13:00]   Manoj : na tera na mera chalo 8516 khush raho
[13:00]   r m : 🙂
[13:02]   Varun : thnks
[13:02]   Manoj : jaldi se let nf also do 2 IB
[13:02]   Varun : whts 2 ib nf ?
[13:03]   Varun : 80’s
[13:03]   Manoj : 8584
[13:03]   Varun : cool
[13:04]   r m : @Manoj, going by the records so far, that may be done in a single tick once Shai types 8584 here 🙂
[13:04]   Manoj : shai sirrrrrr pls type fast
[13:04]   Ashish : Rm 🙂
[13:23]   Abhishek : Hi Shai.. I just logged in..I am not able to see your messages before 11.20 am
[13:27]   Vikkas C : seems move is done for the day
[13:27]   Varun : no vikas otf steppin ing
[13:27]   Varun : now
[13:27]   Varun : lets ee
[13:27]   Vikkas C : hmm..coolio
[13:28]   Varun : need an extension handle here
[13:28]   Varun : and i am 10 point short of one small punt with rm
[13:28]   Vikkas C : 🙂
[13:30]   Varun : looking from me period to strat from 50’s
[13:30]   Varun : M PERIOD
[13:31]   Varun : bnf on a roll
[13:31]   r m : 🙂
[13:31]   Vikkas C : yeah sitting tight from 580 😉
[13:37]   Varun : wht ws yesterday close august nf
[13:38]   r m : 8468
[13:38]   r m : LTP
[13:38]   Varun : ok 9 points still 🙂
[13:38]   r m : 🙂
[13:38]   Shai : BNf no stopping
[13:39]   Ashish : Shai, above 8562, 8584 is a possibility
[13:39]   Ashish : Shai ??
[13:41]   Varun : shai wht does a gap signify if we enter it
[13:41]   Varun : 53-87 is a gap
[13:41]   Varun : does it mean we will fill it
[13:41]   Varun : types ?
[13:42]   r m : 8564 was the low of 24th JUL http://screencast.com/t/Fjc1klaLwDES
[13:42]   Varun : cos in mp thy r singles
[13:43]   Shai : BNF if not wanting to carry positions and holding intra longs can take profits here
[13:43]   Varun : thts the power of otf
[13:43]   Varun : thy go beserk
[13:43]   Shai : Ashsh yes 8594 anomaly
[13:44]   Ashish : roger tha Shai 🙂
[13:44]   Shai : see the amount of greens built now
[13:44]   Varun : tht 4 lac seller
[13:44]   Varun : let him also cover
[13:44]   Shai : tgt 1 : 12:42 Shai : (12:42) Shai :Buy NF 8537 sl of 8506 tgt 8566
[13:45]   Shai : If want to hold then trail sl to 8546
[13:45]   Shai : still can do 8584 if 8546 holds
[13:47]   Sankar : Nice one 🙂
[13:50]   Kiran : can someone please tell what is extension handle ?
[13:53]   r m : extension levels like 2XIB, 3XIB etc
[13:53]   Varun : rm badam khao aur imp items bhula mat karo 🙂
[13:53]   r m : @Varun, abhee khata hoon 🙂
[13:54]   Varun : thts an easy bunny whoever told it
[13:54]   Varun : for first day clearing if ib is outside range of previous day, 100 point is min trgt
[13:55]   Kiran : thanks rm.
[13:55]   Sumit K : Shai – am holding 8500 ce. Where to book
[13:57]   Tejpreet : RM the old transcript of orderflow charts and chat is available from the date of new blog or previous data is also available.
[13:57]   r m : previous blog should also be available
[13:59]   Shai : Sumit the weekly obj of the move is done at 157- 164
[13:59]   Shai : but our view is still long for 8636/ 8750
[14:00]   Shai : 126 will be a good stop for the CE int next week
[14:00]   Tejpreet : No RM could not get them can you post the link and will try and change the dates.
[14:01]   RK : its better give a dip intra before moving up..
[14:01]   Shai : yes feel itra and weekly players should cash out here- risk rising compared to the reward before close
[14:01]   Shai : intra*
[14:01]   Gaurav : Booked 8500 ce for now . Good trade Shai
[14:01]   Hemant : RM, where is the MO ?
[14:02]   RK : Yes
[14:02]   Shai : I mean with 8546 sl you can gain 20 but risk is also 20 – no longer loaded
[14:02]   Shai : for intra of course
[14:03]   Shai : even BNF
[14:04]   RK : true..even many stocks reached a stretch for intra..either it has to rotate with other non moved stocks for further rise or give a dip to reload again
[14:04]   r m : MO at 23 – Abhee Dilli door hai (except for Varun) 🙂
[14:04]   Hemant : Nice 🙂
[14:07]   Porus : Shai, volumes in liquid nifty strikes are 2 to 3 times OI today. Is this a regular 1st day occurance?
[14:08]   r m : @Tejpreet, you need to go to the month below the blog posts, turn it back to the date you want to check, then that dates post will be available – http://vtrender.com/orderflow-charts-and-notes-0101/
[14:09]   Tejpreet : Thanks RM …perfect link.
[14:10]   Shai : Yes Porus 1st day all the money taken out yesterday comes back in
[14:10]   Porus : ok
[14:11]   Shai : If you see the OI tables every 1 is liquidating everything, which means this morning they have plenty to deploy 🙂
[14:11]   Shai : liquidating on expiry day
[14:14]   Kiran : Shai, 1 Q. Why dont they roll on same day ? are not they loosing ? #dumbquestion
[14:15]   r m : @Kiran, maybe they want to see some cash jinging once in a month #dumbanswer 🙂
[14:16]   r m : *jingling
[14:19]   Hemant : WTF moment 😛
[14:19]   Hemant : What time frame i mean 🙂
[14:20]   r m : yes-yes 🙂
[14:22]   Vivek K : PSU banks with better performance will be given capital infusion preference. is it not an oxymoron? i thought sick people need medicine
[14:24]   r m : they will sooner or later allow bigger and healthier banks to take over their sick brothers 🙂
[14:24]   r m : so nurturing those who have good record
[14:24]   RK : exaclty..let the sick die and healthy will adapt 🙂
[14:24]   r m : survival of the fittest 🙂
[14:25]   Hemant : Damn it lol they heard 8584 🙂
[14:25]   Vivek K : if survival of fittest, they should not takeover
[14:25]   r m : @Heman, your What time frame moment 🙂
[14:25]   Hemant : Its coming in a bit it seems
[14:25]   Hemant : Yes RM 🙂
[14:26]   r m : @Vivek, they have enormous customer base, it is only the managment which has made them sick by kowtowing to politicians
[14:26]   Hemant : Is there a rumored rate cut around the corner?
[14:27]   Vivek K : all top notch pvt banks pass on their nps to psu banks by bribes
[14:27]   Hemant : Big red, still scaling up
[14:27]   Tejpreet : Hemant whole day it has been the same red n up red n up 🙂
[14:27]   Vivek K : hemant i think if rate cut this will be teh last in along time, short term US yileds have been spiking off late
[14:27]   r m : no Vivek, Pvt banks sell their NPAs at discounted rates to private companies created for this purpose
[14:28]   r m : I think they are called ARC
[14:28]   Manoj : VWAP for bnf intra ???
[14:28]   Hemant : No wonder these are flushed out after 4th, till the time to ride 🙂
[14:29]   r m : vwap at 18725 on my charts
[14:29]   Hemant : Booked out 8600 CE, bought 57, sold 107 🙂
[14:30]   r m : not bad 🙂
[14:30]   r m : what time frame moment 🙂
[14:30]   Hemant : Yes yes RM
[14:31]   Hemant : Wasnt expecting, but I’m not complaining 🙂
[14:31]   r m : lol
[14:31]   r m : that is the spirit, never complain, aane do 🙂
[14:32]   Hemant : Spirit you say, here’s’one to us 🙂
[14:32]   r m : cheers!
[14:32]   Hemant : Cheers RM, folks 🙂
[14:34]   RK : Yes..I learnt it hard not to complain on mkts,system etc..someday it’ll pay you but you have to be there to collect and shouldnt be away 🙂
[14:36]   r m : 🙂
[14:36]   r m : always be there with palms spread upwards 😀
[14:36]   RK : ofcourse 🙂
[14:36]   Hemant : ROFLMAO RM 🙂
[14:36]   Sumit K : A certain Mr Mallya is currently sipping a glass of chilled beer paid by you and me through bank recapitalisation. Reverse socialism.
[14:37]   RK : the very moment you blink and lose hands, you will heard thud :))
[14:37]   RK : *hear
[14:37]   r m : lol
[14:44]   Shai : very nice obs made today by RK – (10:02) RK :my 2 cents, if we have contra move around 10, allow some buffer as it may be due to set a range for the day..we may get a rejection and back to original trend after 10.15..just an observation
[14:45]   RK : thanks Shai 🙂
[14:45]   Shai : There is another 1 by Varun also , just having difficulty locating it now but look it up after close
[14:45]   Varun : i told rm very early in the day it will be a 100 day
[14:45]   Varun : selpat
[14:45]   Varun : ok ok
[14:45]   Varun : self pat on back
[14:46]   Shai : 🙂
[14:46]   r m : @Varun, jaroori hai sirjee 🙂
[14:46]   Shai : There was a specific stmt you made- I know I read it but lost on the hour for now
[14:46]   Varun : abt ‘
[14:46]   Tejpreet : (13:54) Varun :for first day clearing if ib is outside range of previous day, 100 point is min trgt
[14:46]   Shai : stmt on today day 1 after expiry
[14:46]   Shai : oh yes that 1
[14:46]   Shai : Thanks Tej
[14:46]   Varun : ya this same thing i told rm in morning
[14:47]   Tejpreet : This was the one which prompted me to ask about old chat records and look for more such gems.
[14:47]   Varun : 3 gems
[14:47]   Manoj : shai re entry in nf or bnf
[14:47]   Varun : one wht hpns on fridayof clearing haons on monday of tht weak
[14:47]   Varun : clearing week
[14:47]   r m : @Tejpreet, you may get a full necklace there 🙂
[14:47]   Vikkas C : make a list of all such gems and paste it in the blog at vtrender 😉
[14:47]   Tejpreet : Would love that RM 🙂
[14:48]   Varun : chl friday-monday bear fall this time
[14:48]   Shai : 18830/ 8548 to watch fofr reentry and possible close at highs
[14:48]   Varun : 10.15-10.45 ib r/e normally fai
[14:48]   Varun : by kris
[14:48]   Varun : fails
[14:49]   Varun : if any one can back test, tet this ib r/e and come back into ib 9/10 goes to vwap
[14:49]   RK : so better to watch out IB high/low for new trigger and place SL opposite of trigger and trail it..:)
[14:50]   Varun : if 8546 goes this move could be a false one
[14:50]   RK : we can check that after every consequtive days also..like after 2 balance days, if we get OAOR and then go as per R/E
[14:51]   Varun : thts a win
[14:51]   Varun : chk bnf of 2 days ago
[14:51]   Varun : i tweeted it also
[14:51]   RK : the thing is quick application when it happens..
[14:51]   RK : Yes Varun you have been insisting on this as 9/10 win
[14:51]   Varun : big un coil in waiting
[14:54]   Varun : see this thread RE https://twitter.com/sweetspottrader/status/627012301657370624
[14:55]   Varun : https://twitter.com/sweetspottrader/status/627012301657370624
[14:55]   Varun : i think its nt opening
[14:56]   RK : Yep read it already 🙂
[14:56]   Tejpreet : It opens if you open in new browser
[14:56]   Hemant : Shai, any BTST in mind ?
[14:56]   Varun : bnf move was an easy catch
[14:56]   Varun : bt i hardly trade it
[14:57]   Varun : was like picture perfect
[14:57]   Varun : well done bulls
[14:58]   Varun : extn handle protected
[14:58]   Varun : move looks good
[15:04]   Shai : Heamnt yes we are acrrying longs
[15:04]   Shai : Hemant*
[15:04]   Hemant : Ok Shai 🙂
[15:04]   Hemant : Any protective put you’d recommend?
[15:05]   Shai : buy in last 5 mins- we should close at highs
[15:06]   Shai : NF is leaving a very easy move from Mon
[15:06]   Shai : should zip fast to 8656 spot if we open abv today’s highs
[15:06]   Shai : For Mon*
[15:07]   Shai : if not around 8490 spot is a good buy also
[15:07]   Hemant : Got it Shai
[15:10]   Hemant : Shai, how about buying 8600 PE? Shorting 83/8400 PE?
[15:13]   Shai : yes even shorting 8500 pe would fo with that buy
[15:14]   Varun : (13:27) Vikkas C:seems move is done for the day(13:27) Varun :no vikas otf steppin ing
[15:14]   Hemant : Ok Shai, doing it now 🙂
[15:14]   Varun : vikas i owed u one for all the vwap u tell me 🙂
[15:14]   Shai : Hemant that break down now to 8000 only if 8446 series vwp goes
[15:14]   Shai : will update this weekend
[15:15]   Vikkas C : hahaha..thanx varun ..but i skiped NF today and played BNF 😉
[15:15]   Varun : eve better
[15:15]   Hemant : Bias is now neutral 🙂
[15:15]   Vikkas C : 🙂
[15:15]   Varun : if u read mom
[15:16]   Vikkas C : yes bible
[15:16]   Varun : it says if singles are crossed
[15:16]   Varun : its a reversal
[15:16]   Varun : we have done it, but a small thing which needs clarity is the gap
[15:16]   Vikkas C : yup
[15:16]   Varun : cos us mrkts have 24/7 mrkts
[15:16]   Varun : and we dnt
[15:17]   Varun : shai have we cleared the singles of the trend day down
[15:18]   Vikkas C : whenever tisco tries to make a comeback some stupid news flashes and take the scrip back to lows
[15:19]   r m : have filled the gap above 27th JUL trend day too http://screencast.com/t/12X0NSis2
[15:19]   Tejpreet : Vikkas whats the news on tisco
[15:19]   Varun : so rm we r a very imp phase
[15:20]   Varun : we can do entore reversal or a fresh break out
[15:20]   Suyash : tejpreet – i was long on tisco. Someone came at 3pm and just started driving it down
[15:20]   Vikkas C : some thing was flashing on cnbc ..didnt read it properly though 🙁
[15:20]   r m : OK Varun
[15:20]   Varun : value here will hold the key
[15:20]   Varun : after a bal day
[15:20]   Vikkas C : wait lemme find out
[15:20]   Varun : and value
[15:20]   Varun : whioch ever side vah.val break could give a fresh trend day
[15:20]   r m : ok
[15:24]   Vikkas C : can this entire rally be a fake brkout
[15:25]   Varun : yes
[15:25]   Vikkas C : even in BNF
[15:25]   Varun : dnt know abt it
[15:25]   Sankar : RBI day on Tuesday.
[15:25]   Venkatesan : varun today nf poor high?
[15:25]   Varun : needs to sta abv 8540
[15:25]   Vikkas C : BNF ralied today cos of the PSU news
[15:25]   Varun : yes venkat
[15:26]   Varun : at tht point otf stepped in
[15:26]   Varun : thy shld step in again thr
[15:26]   Varun : else was all crap
[15:26]   Vikkas C : yes varun
[15:26]   Venkatesan : thank you
[15:26]   Varun : my 2 bit
[15:26]   Varun : lot of other things alongside
[15:26]   Varun : we filled gap and did minus develpoement
[15:26]   Varun : nw break abv it
[15:27]   Varun : else go back like we did at 8330
[15:27]   r m : 8550 single prints I think
[15:27]   Varun : on bear side
[15:28]   Shai : There aren’t a lot of new buyers ar the top here in NF and BNf
[15:28]   Shai : so a 35- 40 point dip to vpoc can be expected Mon
[15:28]   Shai : we will take it from there
[15:29]   Manoj : bnf ????
[15:29]   Varun : i think we will bal in monday here
[15:29]   Varun : and tuesday after lot of wipsaws breakout in ine direction
[15:29]   Shai : yes possible
[15:29]   Shai : BNf also Manoj
[15:29]   Varun : one
[15:30]   Sankar : and 8548 is an anomly to visit?
[15:30]   Shai : yes
[15:30]   Shai : 18765 is supp now in BNF
[15:30]   Manoj : bye all
[15:30]   Manoj : bye shai
[15:30]   John : Thanks & bye all
[15:30]   Hemant : Have a great weekend folks 🙂 Super day today
[15:30]   Manoj : bye rm
[15:30]   Shai : Bye all
[15:30]   Sankar : Pos SL any change Shai?
[15:30]   Manoj : have a super weekend
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Shai : Have a nice evening
[15:30]   Tejpreet : Bye all.
[15:30]   Sankar : Still at 8430 area.
[15:30]   Venkatesan : bye all and ahve a nice week end
[15:30]   Moses : Bye all
[15:30]   Varun : bye
[15:30]   Shai : No Sankar
[15:30]   Varun : have fun on weekend
[15:30]   Ashish : Thanks and bye all…happy weekend
[15:31]   Shai : and a good weekend as well
[15:31]   Manthan : Chhers guyz
[15:31]   Suyash : Thanks and bye all. Have a great weekend!
[15:31]   Sankar : Thank you.
[15:31]   Manthan : Cheers:)
[15:31]   Sankar : Have a great weekend 🙂
[15:31]   Porus : bye all
[15:31]   Ashwin : happy weekend to all
[15:31]   Ashwin : byeeeeeeeeeeeee
[15:31]   Sandeep : bye everyone
[15:31]   Vikkas C : bye all happy weekend
[15:31]   Shailesh : bye all
[15:31]   Mohul : bye
[15:34]   Gaurav : Cheers!! Happy weekend. Looking forward for the weekly blog

[09:29]   Mohul : Shai view on Bharatforge, whirlpool, wockpharma please
[09:32]   Ashish : Shai, Please check hindalco.. looking for buying here
[09:33]   Gaurav : CAstrol looking good over 501 Shai?
[09:36]   Vikkas C : shai keeping in mind today L&T posts its results ..any view on it ?
[09:42]   Manthan : Shai, YES Bank view pls
[09:43]   Shai : B Forge res at 1138- 1145. short covering can happens once 1145 is crossed
[09:44]   Shai : intra day abv 1125 can do 1136/38
[09:44]   Manoj : shai ACC lvl pls intraday
[09:45]   Shai : whirlpool good abv 725 should do 800 in coming days
[09:45]   Shai : today’s intra day res at 754 abv which it should make a good move
[09:46]   Shai : wock good abv 1492 should tgt 1540
[09:46]   Shai : intra day minor res at 1520
[09:47]   Mohul : Thanks shai!
[09:47]   Shai : hindalco109 is the supply line
[09:49]   Shai : yes castrol no change in views
[09:49]   Ashish : Thanks Shai
[09:49]   Mohul : GDL had high volume breakout..cooling off now. can you provide your view Shai?
[09:50]   Shai : Vikkas 1730 may just hold though supply is firm at 1814
[09:50]   Vikkas C : ok thanx shai
[09:51]   Gaurav : Thanks Shai
[09:51]   Shai : yesbank in last week’s value 808- 823 – allow one to break for a fresh bias
[09:53]   Shai : acc 1386- 1360 intra
[09:54]   Shai : gdl 351 is the supp- can do 387/ 394 if held
[09:58]   Mohul : Thanks!
[10:03]   Naveen : shai coalindia views please
[10:03]   RK : Axis looking good for the day
[10:03]   RK : yet to clear PDH but
[10:05]   Santosh : infy view
[10:12]   Manoj : ICICI result any view on tht stk
[10:17]   Shai : icici broken 305 an important level and saw huge short buildup- last 2 days they are lifting partly
[10:17]   Shai : still 305 is now res
[10:18]   Naveen : Shai is yesbank a short here?
[10:21]   Shai : No it’s in a range
[10:24]   Vikkas C : shai can pls look at heromoto for longs here
[10:28]   RK : Tata motors breaks Shai’s positional level..worth to enter here with PDL SL
[10:29]   Vikkas C : @RK are u looking at 400-403 again in Tamo
[10:30]   RK : Vikkas minimum 10Rs move from here if we hold 380 levels..
[10:30]   Shai : ttm back in value 396 can be scaled
[10:30]   RK : thanks Shai
[10:32]   Tejpreet : Shai views on Tata steel .
[10:32]   Shai : hero has moved up a lot- still 2672 possible after a dip intra
[10:34]   Shai : tata steel showing a bottom formation can do longs here with sl at recent lows for 268
[10:34]   Tejpreet : Thanks Shai.
[10:35]   Shai : intra also good abv 250.5 today
[10:47]   Vikkas C : shai view on M&M
[10:56]   Vivek K : shai VIPIND positional pls
[11:11]   Soumya : Another super exit call shai on microsec !!
[11:11]   Soumya : can you please check NSE: TATAGLOBAL once
[11:20]   Shai : mmgood move but loooking risky for new eentry
[11:20]   Shai : avoid for now
[11:21]   Vikkas C : ok thanx shai
[11:22]   Vikkas C : shai can u pls chk heromoto as well 🙂
[11:22]   Shai : vip back in bracket
[11:23]   Shai : can do 103/ 107 again with stops below 91
[11:23]   Shai : weird move last week
[11:23]   Shai : could have been results?
[11:24]   Tejpreet : Vikkas …(10:32) Shai :hero has moved up a lot- still 2672 possible after a dip intra
[11:25]   r m : Bhaiyya, stocklevels sheet check kar liya karo na 🙂
[11:25]   Shai : tata global near supply point 142 – it t oves over then 155 gets donw
[11:26]   Vikkas C : thanx tej had missed that msg
[11:27]   Tejpreet : WC 🙂
[11:30]   Soumya : thank you brother
[11:31]   Vikkas C : sorry RM im going to put that stocklvl site on my other computer 24*7..yaad hi nahi rehta
[11:32]   Vikkas C : @RK do u follow RIL
[11:32]   Vikkas C : whats ur view on it from here on ..
[11:32]   Vikkas C : looks good for longs now
[11:33]   RK : nope Vikkas..no dhirubhai companies except Relcap as still some account unsettled there 🙂
[11:33]   RK : ACC may witness huge shortcovering
[11:33]   Vikkas C : ok thanx RK 🙂
[11:33]   RK : if high goes in conviction
[11:34]   Vikkas C : coolio
[11:35]   r m : @Vikkas, lol
[11:35]   r m : it is just like FAQs, nobody wants to search thru the damned stuff, asking afresh is simpler D
[11:36]   r m : 😀
[11:37]   Vikkas C : ji RM .. 🙂
[12:10]   Vikkas C : shai are the volumes in heromoto suggesting to take it back to the highs
[12:10]   Vikkas C : ard 2740
[12:11]   Vikkas C : shai BPCL as well closer to ur support lvl of 940
[12:20]   Tejpreet : Shai views on Axis in anticipation of BN move.
[12:20]   Shai : hero is good posisblt 2730 but ot intra
[12:20]   Vikkas C : ok thanx
[12:23]   Shai : BPCL we will review near close- for now avoid
[12:27]   Vikkas C : ok thanx
[12:30]   Gaurav : Cairn looking goor till 185?
[12:34]   Shai : I think cairn we spoke 176 2 days back- could resist there
[12:38]   Ashish : Shai, ashok leyland can be shorted now?
[12:40]   Tejpreet : Shai guess you missed Axis …(12:20) Tejpreet :Shai views on Axis in anticipation of BN move.
[12:47]   Shai : oh I did- Thanks
[12:48]   Shai : Ashish 82.2 may still supp so adjust accordingly
[12:48]   Ashish : Ok shai, got it…thanks
[12:50]   Shai : axis underperforming a bit
[12:50]   Shai : but good abv 571 for 579
[12:51]   Tejpreet : True it is underperforming , better to play option call ….Thanks.
[12:53]   Mohul : Shai INFY doing some base building.. can move up?
[13:06]   Shai : infy still in that high vol 1050- 1150 zone
[13:06]   Shai : is a buy with that gap low as sl
[13:08]   Mohul : Ok.. Thanks
[13:58]   Vivek K : shai bharatforge pls
[14:00]   Ashish : Vivek, bahartforge levels are posted in stcok level sheet 😉
[14:00]   r m : “(09:43) Shai :B Forge res at 1138- 1145. short covering can happens once 1145 is crossed(09:44) Shai :intra day abv 1125 can do 1136/38”
[14:00]   Vivek K : ohok thanks
[14:00]   r m : @Ashish, Vivek jee mujh se bhee bade bhulakkad hain 🙂
[14:01]   Ashish : Rm 😉
[14:01]   Vivek K : agreed
[14:07]   Shai : all psu’s up today in the 70000 cr news
[14:07]   Shai : wait for Rajan now to give either kick or push 🙂
[14:09]   Shai : Personally cant see Rajan doing anything before OCT – he wants the Monsoon report on his table
[14:09]   RK : Yes..not expecting any cut further..
[14:09]   RK : as of now I mean
[14:09]   r m : in OCT he will wait for North East monsoon 🙂
[14:10]   RK : nope in OCT earnings would be moderate so no need for rate cut 🙂
[14:10]   r m : 🙂
[14:10]   Soumya : NSE: OMKARCHEM – shai is this breaking out?
[14:13]   Shai : possibly – vol is good
[14:13]   Shai : 189 will be a good stop
[14:13]   Shai : looking at 217 if 189 holds
[14:14]   Vikkas C : SHAI can u pls look at lupin
[14:14]   Vikkas C : next lvl of supply
[14:14]   Vikkas C : 1740 types
[14:14]   r m : anything moving more than 5-6% is always in Soumya’s PF 🙂
[14:14]   r m : Great picks Soumya!
[14:15]   RK : Shai question to clarify here..even discussed with RM yday..
[14:16]   RK : Ultratech all through the day yesterday was trading with diff between spreads about 5-10
[14:16]   RK : btw July and aug
[14:17]   Soumya : thank you shai
[14:17]   RK : while closing hours that too in last 20 min Aug surged and spread diff was almost 35Rs between series..July was almost stuck at 3160 but Aug surged to 3197
[14:17]   RK : what could be the reason?..we came to a conclusion that longs rollover in Aug in last min
[14:18]   RK : but since morning it barely moves up and breaking lows now..so what happened to longs rolled over yday?..or any other inference you can give here..
[14:23]   Gaurav : Andhra bank lookin good here?
[14:25]   RK : Vikkas riding Hero? 🙂
[14:28]   Vikkas C : yes sir
[14:29]   RK : good 🙂
[14:29]   Vikkas C : 🙂
[14:29]   Tejpreet : Icici giving a nice dip ….
[14:30]   Shai : omkar has done aother 5/- in the last 15 mins
[14:30]   Shai : Yes Vikkas Lupin supply at 1737-40
[14:30]   Soumya : yes sir
[14:31]   Soumya : positional target? 250?
[14:31]   Shai : RK in closing hours of expiry we get arbitarge moves based on vwap
[14:31]   Soumya : can there be a pull back to enter at lower levels?
[14:31]   Shai : could be cash – futures match up for last month and this
[14:31]   Vikkas C : ok thanx shai
[14:32]   Shai : There are desks in Singapore where people are hired just to do the arbitarge in cash- fut all day
[14:32]   RK : ok..but I think it would be very difficult to guess those arbitrage moves I mean on what basis they do.
[14:32]   RK : Yes read about that..
[14:33]   Sunil : shai-any book target for L&T
[14:34]   Shai : andhra bank good close for week
[14:34]   Shai : but I will dip into a new position only if Mon opens and stays abv 75.6
[14:35]   Gaurav : Thanks Shai
[14:35]   Shai : sunil in what timeframe?
[14:36]   Sunil : POSTNL
[14:36]   Sunil : FOR 10-15 DAY
[14:37]   Tejpreet : Shai positional target for icici beyond 310-15 lvl and positional stop loss.
[14:38]   Shai : LT looking at 1890 coming back but will feel good about it if we close abv 1800 toay
[14:38]   Soumya : thank you rm
[14:38]   Soumya : Not ALWAYS !! lol
[14:39]   Sunil : thankx shai
[14:39]   RK : TCS now moves finally
[14:39]   Soumya : shai please check the positional target for omkar
[14:39]   Soumya : can it go to 250?
[14:39]   Shai : icici back to 340- 336 where that original seller is
[14:39]   Manoj : BNF 3IB done
[14:40]   Manoj : now still waiting for nf 2 o 2IB
[14:40]   Shai : Soumya for now I see 217 and possibly 230
[14:40]   Manthan : tcs bove 2520, @shai, longs carry??
[14:40]   Tejpreet : Tthanks Shai and todays gap can be used as SL for positional play.
[14:41]   Soumya : thanks a ton brother
[14:43]   Shai : tcs ths clsoe is good but looking at 2533 on mon to take out sellers then 2585/ 2630 possible
[14:43]   Manthan : thanks
[15:02]   Suyash : shai – can you tell me your very short term view on tatamotors? It made a shooting star pattern on the 60 min
[15:05]   r m : “(10:30) Shai :ttm back in value 396 can be scaled”
[15:10]   Soumya : omkar 212 !! shai u r genuis bro
[15:10]   Soumya : gave the confidence to add at 200
[15:11]   Shai : lol
[15:11]   Sunil : sahai lupin positional target
[15:11]   Shai : Now I feel there is an algo in our room surely 🙂
[15:12]   RK : Yep surely..not touching stocks which dont do circuits 🙂
[15:12]   Suyash : thanks r m. So much was happening, totally forgot that shai mentioned ttm in the morning
[15:13]   r m : welcome 🙂
[15:13]   Shai : Sunil watch 1740 abv that 1794 minor supply before 1980 revisist Lupin postnl
[15:14]   Sunil : thanks a lot sahi
[15:19]   Vikkas C : @RK seems tuff task for hero to cross 2694
[15:21]   RK : yes
[15:22]   Vikkas C : booked out once at 2685 🙂
[15:22]   RK : good
[15:23]   Vikkas C : woah whatta move in bpcl