We could not get a morning session in, on account of a power outage.
Here's the record from about 2.00 pm
*** Shai **, Welcome to the Vtrender conference room!
[14:06] J C: Hi everybody….
[14:07] Shai C: GA all
[14:07] J C: Hi Shai…powerz back…
[14:08] Shai C: Just got powered on
[14:08] J C: man…must b hot & humid without power…
[14:08] Shai C: got another taste of babudom from out state rum power supply
[14:09] J C: yeah….
[14:09] r m: Good Afternoon folks 🙂
[14:09] J C: Hey rm…
[14:09] Shai C: Luckily it's been raining, sp weather has been pleasant but was responsible for the short circuit
[14:09] J C: k…
[14:10] J C: shai..pls check for if tere was also arnd 4980
[14:10] Shai C: we got a low vol zone right upto 4935
[14:10] r m: Hi JC, Shai 🙂
[14:10] J C: algo
[14:11] Shai C: 9705 is a big one in BN. None in NF
[14:11] J C: k…tx
[14:14] Shai C: Signal updates : NF sell at 4999/ BN at 9805/ USD buy at 55.38
[14:14] Jiignesh -: shai
[14:14] Shai C: Gold no change/ silver no change ( both still on sell) crude no change ( still on sell) copper sell at 406.8 this morning
[14:15] Jiignesh -: bn when should we take fresh short?
[14:17] Shai C: below 9700 only
[14:17] Shai C: big algo at 9705
[14:18] J C: shai..tos scr pls..tx
[14:21] J C: dx..hit a low of 81.9 ystrdy & then bernake happnd:-)
[14:22] r m: 🙂
[14:25] Shai C: BN is looking to go up
[14:26] r m: a tinge of blue in ICICIBank
[14:26] Rahul Goel: hey GA all
[14:26] Rahul Goel: thanks rm fo yr reply
[14:26] r m: Hi Rahul 🙂
[14:27] r m: you are welcome 🙂
[14:30] Shai C: vwap/ iblow critical for upside
[14:31] Shai C: once it enter IBLOw shorts to be off
[14:33] J C: shai wat r the es levels expected today…
[14:33] Shai C: 1308 should resist
[14:33] Shai C: 1295 supp
[14:34] J C: k..tx
[14:34] Shai C: ES met with rejection again at 1329
[14:34] J C: yup…
[14:34] Shai C: just playing that bracket with POC around 1315
[14:35] J C: had PBOC nt cut rate ystrday…es would been down ystrdy itself.
[14:35] Kris 123: Good Afternoon everyone !
[14:35] r m: GA Kris 🙂
[14:35] J C: Hi Kris…
[14:36] Shai C: yes that gave a 10 point spike
[14:36] Kris 123: Hi RM, JC 🙂
[14:36] Kris 123: Waiting for FRY day to unleash!
[14:36] Kris 123: 🙂
[14:37] r m: it has been on slow fire since morning – baking crispies 🙂
[14:37] J C: been a DRY day till now:-)
[14:37] r m: lol
[14:38] r m: Guess Shai did'nt offer Kaju feni to MSEB workers, that is why they took so long 😀
[14:38] J C: 🙂
[14:39] Shai C: LOL RM
[14:40] Shai C: [14:17] Shai C: big algo at 9705
[14:40] Shai C: No messing with these guys
[14:40] r m: 🙂
[14:41] r m: will have to request ST to share more of her bread and butter setups 🙂
[14:41] Shai C: 100 points- [14:25] Shai C: BN is looking to go up
[14:42] Shai C: [14:31] Shai C: once it enter IBLOw shorts to be off
[14:42] Shai C: typical IB band trade
[14:42] r m: algo at top too!
[14:42] Shai C: 9850
[14:43] Kris 123: I did not realise that Shai intended to do a bear Fry 🙂
[14:43] J C: Kris came & Frying started:-)
[14:43] r m: the oil in pan was hot, so whoever landed first was deep fried 🙂
[14:43] Kris 123: Any way- Friday last 45 minutes – after a 800 point on rally – some one wants to carry longs? I dont believe – I will play for a reversal!
[14:44] Kris 123: And – vwap band is there for rescue!
[14:44] Shai C: 9850 algo is a seller
[14:44] Shai C: 5019 too
[14:45] Shai C: 2nd balanced distribution today
[14:45] Kris 123: well- easy 40 points done.
[14:45] Kris 123: 9840 to 9800.
[14:46] Kris 123: well – if IB high and vwap band together – it is always safe to take a short there! – I guess some third illustration in a week! 🙂
[14:46] Rajkumar S: shai you send sell came in nifty at 4999
[14:47] Pasi C: hold NF short?@shai
[14:47] Rajkumar S: but no sell signal in graph
[14:48] Shai C: Pasi exit abv 5022
[14:48] Pasi C: ok
[14:48] Rajkumar S: ok sir
[14:49] Shai C: Kris's friday move done?
[14:49] Shai C: happened between 2.20- 2.50
[14:50] Kris 123: Yes Shai – one more round should come up – between 3.10 and 3.30 – let us see!
[14:51] Pasi C: was that ALGO @5019 sell/buy?@rm
[14:51] Pasi C: I feel that was a buyer rm
[14:51] Rahul Goel: shia I have a question on the chart we when there are algo this suggest that they are high volume zone rgt. If yes then why does the DPOC not move around
[14:52] Kris 123: Shai wants to tick the 80% rule in NF!
[14:52] Shai C: algo is one point volume
[14:52] Shai C: dpoc is nos of volumes at same point
[14:53] Pasi C: one point volume means
[14:53] Rahul Goel: ok
[14:53] Shai C: like 500 lots at 9705 will still be less than a cumaluative 5000 lots at 9783 which is current dpoc
[14:53] Shai C: *cumulative
[14:54] Pasi C: rm sogaya?
[14:54] Shai C: algos everywhere
[14:55] Shai C: what's happening to the big boys
[14:55] Shai C: they have decided to play at the same time
[14:55] Pasi C: bulls nee jerk move at friday close
[14:55] Shai C: Pasi one point is volume at one price
[14:56] Pasi C: ok shai
[14:56] Kris 123: @Shai – the person who got in at 9705 – 9860 is a decent place to exit1
[14:56] Kris 123: *the algo 🙂
[14:56] Pasi C: NF buy signal
[14:56] Shai C: Bn is an inside day
[14:57] Shai C: and NF did not find new sellers below day low
[15:03] Shai C: mkt knows something?
[15:03] Shai C: anybody has any news?
[15:04] Shai C: still not yet above pdh
[15:04] Shai C: remember the 5033 algo same time yesterday?
[15:05] r m: yes
[15:07] J C: looks like bheja fryed of bears..:-)
[15:07] Shai C: Bn is just poring these volume out
[15:07] Shai C: this one is a buy at 9899
[15:09] Pasi C: [14:51] Pasi C: was that ALGO @5019 sell/buy?@rm[14:51] Pasi C: I feel that was a buyer rm
[15:11] r m: @Pasi, you got it right man
[15:11] Shai C: balance to b
[15:12] Shai C: all pre planned by Kris 🙂
[15:12] r m: 🙂
[15:13] Shai C: I'm sure all ISD lines to mauritius must have been busy this morning
[15:13] Pasi C: 🙂
[15:13] Kris 123: chalo 20 min hai – kuch to khana hai – pr2+ away from vwap band – trying shorts in BN at 9960
[15:13] Pasi C: jay ho ALGO&ST
[15:14] Shai C: Pasi u reversed?
[15:15] Shai C: intra day should book out
[15:16] Shai C: 3 Ib day
[15:17] Shai C: spike rules also for mon
[15:17] Pasi C: after observing the candle on that ALGO 5019 took longs and booked @5060 shai
[15:17] Shai C: cool Pasi
[15:17] r m: Great trade Pasi, congrats!
[15:17] J C: good one pasi…
[15:18] Kris 123: Hmm.. yesterday they bought 44K contracts – Shai has some news in advance!
[15:18] r m: 🙂
[15:18] Shai C: a buy abv 2 candles high or sell below 2 candles low is a good strategy for these algos
[15:19] Shai C: I'll make the candles more visisble over the weekend
[15:19] Shai C: one thing is assured when u see these algos, you will get movement
[15:20] Pasi C: thx rm&JC
[15:21] Pasi C: OF buy signal also confirmed that ALGO shai .thx to OF too
[15:21] r m: ICICI had huge IB!
[15:21] Shai C: surprisingly NS is only 22 points up
[15:22] Shai C: we travelled the world from 2.00 pm
[15:22] r m: from 2IB south to 3IB north
[15:22] Shai C: yes very big and very rare
[15:23] r m: USD may also give sell signal this evening
[15:26] Pasi C: my messages r posted very late here(n/w problem)
[15:29] Pasi C: bye all happy weekend
[15:29] r m: Bye Pasi
[15:30] Shai C: mkt has to open abv 5079 on monday
[15:30] Shai C: 5165 is within reach
[15:30] Shai C: 5165-5212 is the game changer
[15:30] Shai C: bye all
[15:30] r m: Thanks Shai, Kris, JC! Bye all, have a great weekend 🙂
[15:32] Shai C: A happy weekend to all
[15:35] J C: bye rm..have a grt weekend.
[15:35] J C: shai…hav a grt weekend
[15:59] Shai **: test
[16:00] J C: k
[16:03] Shai **: Thanks
[16:03] Shai **: A good weekend to you Too JC
[16:04] J C: tx