Today's history is from 11.44 am as I logged off accidentally before saving the file.
[11:44] Shai C: 4852 -4885
[11:54] Shai C: discount is just 5 now
[11:57] Shai C: 4880- 4909 is a low volume area and a possibility of finishing that auction is high
[11:57] Shai C: 4852 should hold for that
[11:57] Vicky M: finishing that auction is high = upmove ?
[11:58] Vicky M: imean the upmove will end in 4880-4909
[11:58] Shai C: abv 4880 should speed up to 4910
[11:59] Shai C: and maybe finish the day there
[12:00] Jitender Chhabra: rumor that DIIs have been told to spruce up mkt, to justify petrol price hike:-)
[12:01] Vicky M: charts gone?
[12:01] Shai C: coming back
[12:04] Vicky M: welcome back charts :p
[12:04] Shai C: in the LVN
[12:06] Shai C: it's a low voume zone so move has to happen quicky
[12:07] Shai C: BN will tgt 9385
[12:07] Vicky M: the one in light grey rectangles ?
[12:08] Shai C: light grey?
[12:09] Shai C: Be open to the possibility that we may collapse by afternoon too
[12:09] Shai C: this day does not seem to be pover
[12:09] Shai C: *over
[12:09] Vicky M: hmmm
[12:11] Shai C: 4868 is mt tsl for these longs
[12:11] Shai C: 9260 BN
[12:12] Shai C: moves along the 2 sd line are quick but are known to reverse
[12:12] Shai C: example is last friday's move from 4788
[12:17] Vicky M: and we may come down to what level ?
[12:18] Shai C: let's just say that as long as the upper devloping value line is defended the uptrend is safe
[12:18] Shai C: 4870/ 9270
[12:19] Shai C: 4903
[12:20] Shai C: good reversal from pr1 in USDINR
[12:20] Shai C: [11:57] Shai C: 4880- 4909 is a low volume area and a possibility of finishing that auction is high
[12:20] Shai C: 4905 without moving below 4880
[12:21] Pasi C: missed good move
[12:21] Vicky M: good call 🙂
[12:21] Jitender Chhabra: shai..guidance has been suberb…
[12:21] Vicky M: i only did IB trade and booked out + some 4700 PE writing which I booked at open
[12:21] Shai C: Thanks Jitendra
[12:21] Vicky M: Shai = bulls eye
[12:21] r m: Even Dalton will like to join Shai's room 🙂
[12:22] Shai C: it's just one of those setups which clear up to the eye quick
[12:22] Vicky M: even Stedielmayer (sorry for spell)
[12:22] r m: 🙂
[12:22] Pasi C: [11:23] Shai C: trend is driven by the seller, till a reversal confirms[11:23] Shai C: these are just counter trend moves
[12:22] Pasi C: trend reverse still counter move?@shai
[12:23] Shai C: no not a trend reverse yet
[12:23] Shai C: we have to take out 4940 first and then 5160
[12:23] Pasi C: ok
[12:23] Vicky M: shai pls squeeze the area within NF chart a lil bit if possible; can't see from opening
[12:23] Vicky M: thanks 🙂
[12:27] Shai C: europe's open in 2 mins
[12:27] Shai C: one of those rare days when we do 92 points before europe
[12:28] Shai C: es knocking on that 1317 level
[12:30] Shai C: keep your eye on those yelloow lines
[12:30] Shai C: the day is still not done
[12:32] r m: USDINR sellsignal (after ages)!
[12:33] Shai C: has to go below 56
[12:33] Shai C: a 40 paise move is there to 55.55-65
[12:34] r m: i think there is a gap below 56
[12:34] r m: ok
[12:41] Pasi C: USDINR sell alert sent?@shai
[12:43] Shai C: Pasi sell below 55.95
[12:43] Pasi C: ok
[12:44] Pasi C: filled already sl?
[12:44] Shai C: id it enters that yellow line ( dev value) from above, first tgt vwap/ second tgt IBH
[12:44] Shai C: sl 56.29
[12:44] Pasi C: ok
[12:50] Shai C: [11:27] Shares Trader: time/volm confirming ths upmove..shd hv follow up
[12:52] Shai C: ST has some algos of her own
[12:52] Shai C: Nice one ST
[13:03] Shai C: vwap
[13:05] j g: gas cylinder to cost 400 rs. more, diesel 3 rs. more
[13:05] Shares Trader: thnx shai
[13:06] Vicky M: good one ST
[13:06] Shai C: momemnt of truth for the buyers
[13:07] Shai C: 4852-4842 goes we see day low
[13:07] Shai C: 4852 was touched briefly
[13:07] Vicky M: i will get to do one more IB trade below 4842 🙂
[13:09] Shai C: may just hold
[13:10] Shai C: 90 points up and 50 points down
[13:11] Shai C: dollar at 82.40
[13:11] Shai C: euro 1.2547 new lows for the year
[13:11] Shai C: usd inr at year high
[13:11] Shai C: can't find an argument to be bullish and buy stocks for long term
[13:16] Vicky M: if 3 IB is not broken then we may come down to IB high again i feel
[13:18] Shai C: 4852 is the big one
[13:18] Shai C: the qulaity of the bouce if not good then clear sell below ibh
[13:18] Shai C: and 4788 may not reamin tom
[13:18] Shai C: *remain
[13:20] Shai C: 4852 again
[13:21] Vicky M: Shai if 4842 comes then IB trade or we should take it below DPOC 4830
[13:22] r m: gap below 5832?
[13:23] r m: 4852 🙂
[13:23] Shai C: gone
[13:23] Shai C: seel below ib h
[13:23] Shai C: sell
[13:24] Shai C: [12:44] Shai C: id it enters that yellow line ( dev value) from above, first tgt vwap/ second tgt IBH
[13:24] Shai C: power of developing values in tyrending mkts are huge
[13:24] Shai C: *trending
[13:27] Shai C: sl 4877, can still go to 4815
[13:27] Vicky M: can sell here also?
[13:27] Shai C: more risky here as we are abv IBH
[13:29] r m: on ODIN there is a tick at 4030 with 400 volume at 1:27:37
[13:29] r m: 4830
[13:29] Shai C: now
[13:29] r m: i have become an expert in typos 🙂
[13:30] Shai C: USDINR sells are not working
[13:30] Shai C: just a unrelenting bull
[13:32] Vicky M: shai short here (4842 touched) or wait for next bar
[13:33] j g: vicky – say "jai shai baba" and short – you will get 4810 and more
[13:33] Vicky M: haha jg
[13:34] j g: 🙂
[13:36] Shai C: short
[13:36] Vicky M: shorted 🙂
[13:37] Pasi C: u have fast fingers vicky:)
[13:37] Vicky M: 🙂
[13:37] Vicky M: DPOC shifted… is it good for shorts or risky
[13:38] Vicky M: Intraday OI good addition in 4600 and 4900 PE
[13:38] Shai C: dpoc moved up
[13:38] Shai C: keep stops abv vwap if short
[13:39] Shai C: has to break IBH quickly for more downside
[13:40] Vicky M: it doesnt want to break IBH
[13:40] r m: Global markets are pricing in the Greek exit it appears
[13:41] Vicky M: looks like SL will hit
[13:41] Pasi C: yes vicky
[13:41] Shares Trader: [13:29] r m: i have become an expert in typos :)…still i hold 1st Rank RM
[13:42] Shares Trader: wch im not very proud of 😀
[13:42] j g: that sudden shift in dpoc is funny and strange – some institutional buyer has stepped in?
[13:42] Jitender Chhabra: ST good call in the morn:-)
[13:42] r m: @ST, yes, tough competition in the room with two champs around (Shai & you)!
[13:43] Shares Trader: Thnx JC
[13:43] Shares Trader: Shai, still tries to rectify errors..i avoid tht too..plain lazy
[13:44] r m: 🙂
[13:45] Vicky M: shai reverse the trade ? VWAP hit
[13:45] Shai C: dpoc spoiled what could have been a 30 point lower move of the IB band
[13:45] Shai C: keep at 4861 don't reverse
[13:46] Shai C: short is right below IBH only now
[13:46] Shai C: if it stays abv vwapo then shorts will think about covering
[13:46] Shares Trader: i thnk long only till PDH holds
[13:46] Shai C: yes
[13:47] r m: @Shai, normally you won't support IB Band trade when 3IB exceeded on the opposite side, is it because of importance of 4852 level that you find good risk reward in IB Band trade today?
[13:48] Shai C: yes that move below 4852 would mean rejection of higher prices and that move up
[13:48] r m: Thanks
[13:48] Shai C: last week's value- 4813-4852- 4901
[13:48] r m: dpoc migrating above 4852 would negate that view?
[13:49] Shai C: dpoc and a close abv
[13:49] r m: ok, thanks
[13:50] r m: icicibank makes big jump
[13:52] j g: goes back to 4900 now
[13:53] Shares Trader: whts vix ?
[13:53] Vicky M: ViX M :p
[13:53] r m: 26.83
[13:54] Shares Trader: 4900-4800 Strangle Short makes sense Shai ? 89 points
[13:54] Shares Trader: thnx RM
[13:54] r m: high 27.13 low 24.00
[13:54] Shares Trader: 4990-4710 range is Okey i thnk
[13:54] j g: what if mkt runs away to 5100?
[13:55] r m: 300 point in a day is extremely rare Janak
[13:55] j g: by expiry?
[13:55] r m: intraday man 🙂
[13:55] j g: now it is running to 4900
[13:56] Shares Trader: whnevr we move above 4920 ,thn need to manage it..by buying 4800 Ces or long NF
[13:56] r m: Thanks ST
[13:56] r m: we have to have 100points move with considerable rotation to help folks rollover their positions 🙂
[13:57] r m: dpoc at 4872
[13:58] Shares Trader: else best is ..hw much poitn one wnts to keep frm 89 points..say 60 pts…
[13:58] Vicky M: dpoc againshifted..
[13:58] r m: one more sell in USDINR
[13:58] Shares Trader: .fr 60 pts hw much we can keep stop ? say 20pts..thn whnevr starngle value excedds by 20 pts..simply EXIT with loss
[13:59] j w: @Shai, yesterday's NF orderflow not posted
[13:59] Shares Trader: wch is gd way i thnk..as one can tarde with clear head thn mess up with managing trades..wht u thnk Shai ?
[14:00] Vicky M: we are going back to 4899 ?
[14:00] r m: USD is suggesting that
[14:01] Shai C: @JW I'll post today
[14:01] j w: thanks
[14:01] Shai C: Yes ST may be a good thing as we are within last week's value
[14:02] Shai C: and will lose value fast in thse next few sessions
[14:02] r m: German central bank's take on impact of Greece exit on German banking system – http://www.telegraph.co.uk/finance/financialcrisis/9285262/Bundesbank-says-Greek-euro-exit-would-be-manageable.html
[14:04] Shares Trader: thnk u Shai
[14:04] Shares Trader: RM thnx
[14:05] Shares Trader: no Charts ?
[14:06] John Robby: shai no charts
[14:08] Shares Trader: ??
[14:10] John Robby: ??
[14:10] Shares Trader: leme relogin
[14:12] r m: charts are not there, relogin may not help
[14:13] Shai C: give me 2 mins
[14:14] Shares Trader: okk
[14:14] Shai C: charts up
[14:15] Shares Trader: s
[14:15] Shai C: failed auction in NF at 4812
[14:15] r m: Thanks Shai
[14:15] Shai C: dpoc holding movement
[14:23] Shai C: one week to expiry- technically a seller controlled series
[14:24] Shai C: most people believe that such series end at lows, but have never seen any stats confirming that
[14:31] Shai C: back tyo 4900
[14:35] j w: @Shai, found any signficance of 4IB, 5IB?
[14:35] j w: on days with small IB.
[14:36] j g: bn will expire at 10k
[14:38] Shai C: yes can happen abv 3IB
[14:38] Shai C: generally 3 Ib happens when a small IB is there
[14:38] j g: nf will not expire and take a sabbatical at subbudun
[14:39] Shares Trader: JST PRESS F5 in NEst..one gets IV of options
[14:39] Shai C: 1316 coming up in es again decides between 1325 and 1308 today
[14:40] Shares Trader: whr can oen find manual of thr short keys ?
[14:40] Shai C: RM had sent over one for NOW
[14:40] Shai C: I'm sure there will be something for NEST
[14:41] r m: @ST, will search at Zerodha, they use nest trader for commodities
[14:44] Shares Trader: thnx
[14:45] j g: shai possibility of 10k expiry in bn?
[14:45] Shares Trader: lk Shift F5 giving volatilty Smile..bt its all serendipity
[14:46] j w: @Shai, Worth holding longs EOD ?
[14:49] j g: ICICI doing acroba…
[14:52] Shai C: longs from lower levels can be held with stop below 4850
[14:52] r m: @ST, some of the commands are common with NOW, maybe you can have a "dekho" at NOW shortcuts 🙂 – http://www.zerodha.com/main/Annexure%20B%20Shortcut%20Keys.pdf
[14:52] Shai C: but part needs to be booked here
[14:52] j w: ok
[14:57] Shares Trader: RM thnk u
[14:57] r m: ee chart kidhar gawa? 🙂
[14:59] j g: BNwa udaake lai gaya sasura
[14:59] r m: lol
[14:59] j g: 9355
[15:00] r m: Dollar bhaiyya tanik 56 ke neeche ka mausam bhee to dekho
[15:02] Shai C: taken some 56.5 june puts at 0.90
[15:02] Shai C: first time options with usdinr
[15:02] r m: Thanks Shai
[15:02] j g: qty – 1 million 🙂
[15:03] r m: Pune whale 🙂
[15:05] j g: Pune wale punter :
[15:05] r m: @jg, you wanted 3IB in BN, you got it man, only in the opposite direction 🙂
[15:05] j g: 3IB is imp. – direction not 😉
[15:06] r m: true, direction is for investors 😀
[15:06] j g: now shai may close bn at 9500
[15:06] Pasi C: no squeezing at day highs
[15:08] r m: June futures are in micro-premium (4-5 points)
[15:09] j g: squeezing bhi shuru?
[15:09] r m: USD – ab tak chhappan 🙂
[15:10] j g: a big gap up tom might turn the table for bears
[15:15] r m: 55.99
[15:15] j g: for bn to do another 600 pts up shd be difficult? a gap up and an intra move of 200-300 pts up will take it to 10k
[15:16] j g: wishful?
[15:16] Shares Trader: ok bye guys..
[15:16] r m: USD hits POC
[15:16] r m: Bye ST
[15:19] r m: Shai's PUT in 9% profit 🙂
[15:22] j g: shai bullish on BN?
[15:25] Shai C: yes buy should hold
[15:25] j g: 9800 atleast before expiry?
[15:27] Shai C: 9800 can come tom also
[15:28] Shai C: 300 is avg range of bn
[15:28] j g: really shai?
[15:28] Shai C: I'll post the charts tonight
[15:28] j g: are bhaiya – tab to main dance karoonga 🙂
[15:28] Shai C: 4940 is still res
[15:28] j g: a gap up looks sure now?
[15:29] Shai C: rm you got the puts in USDINR?
[15:29] r m: i have this month series
[15:29] r m: you bought them at the right moment 🙂
[15:29] Shai C: ok
[15:30] Shai C: let's see if we get 55.65
[15:30] Vicky M: thanks everyone 🙂 bye have a nice day
[15:30] Vicky M: bye shai 🙂 rm 🙂
[15:30] Shai C: bye all
[15:30] Shai C: close at highs
[15:30] r m: Bye all, have a great day 🙂
[15:30] Shai C: 4922/ 9419
[15:31] Shai C: spike needs to show continuation tomorrow
[16:13] Shai **: sharp move lower bu USDINR 55.80 cmp against 55.78 low
[16:13] Shai **: should close at the lower end
[16:13] Shai **: 55.55 was my first objective
[16:14] r m: racing towards your objectives
[16:14] Shai **: 54.65 i the bigger one below that
[16:14] r m: thanks
[16:15] Shai **: would also mean that Nf croses 4940
[16:15] Shai **: Meantime ES has sonme unfinished business at 1325
[16:15] Shai **: http://www.vtrender.com/content/composite-picture-usdinr
[16:15] r m: all are in a hurry 🙂