*** Shai **, Welcome to the Vtrender conference room!
[08:51] r m: Good Morning folks!
[08:52] Pasi C: GM all
[08:52] Pasi C: Hi rm
[08:54] Jitender Chhabra: GM Shai & friends…
[08:54] r m: Hi Pasi
[08:54] Jitender Chhabra: HI Rm, Pasi..
[08:54] r m: Hi JC 🙂
[08:56] Pasi C: Hi JC
[08:57] Pasi C: what was pdl@rm
[08:57] Pasi C: nf
[09:00] r m: 4860 low of opening bar
[09:01] Pasi C: thx rm
[09:01] Pasi C: dou think it will be protected today@rm
[09:04] r m: Globe is all red, if the low is protected then NF coulde be the first amongst global indices to show signs of turning around
[09:05] Shai C: GM all
[09:05] r m: GM Shai
[09:08] Shares Trader: GM ALL
[09:09] Jitender Chhabra: Hi ST…
[09:09] Shai C: 4860/ 9100 single prints on watch
[09:09] Shai C: a move below bring 4820
[09:11] Shai C: let's also watch 1325.50 in es for global volatility
[09:11] Shai C: Has to hold for upmove to begin
[09:16] Shai C: BN below pdl
[09:16] Shai C: Nf open in range
[09:23] Ravi Vrindavan: shai…whats the sl's for bn and nifty…in of
[09:25] Shai C: 4861- 4874 is still the opening swing
[09:25] Shai C: 9140 ps3
[09:25] Shai C: 4901 ps2
[09:26] Shai C: Trade small qty as mkt has opened gap down
[09:29] Shai C: vix is up 1.22
[09:33] Shai C: 54.40 hit
[09:36] Shares Trader: 4835 nxt Shai?
[09:37] Shai C: 4840/20
[09:38] Shares Trader: ok..thnx
[09:39] Shai C: 3 days we have had no connection between auctions
[09:39] Shai C: every day is diff
[09:39] Shares Trader: ys totally random
[09:41] Shares Trader: BN nt falling as compared to NF
[09:43] Shai C: yes but Bn was definitely more weaker yesterday
[09:44] Shai C: I feel this signal should give about 150-200 points today
[09:44] Shares Trader: BN u mean ?
[09:45] Shai C: yes
[09:45] Shai C: my sl is 9155 print of yesterday
[09:46] Shares Trader: okk
[09:46] Jitender Chhabra: Shai…if bnf goes another 150 points down…nf wud be close 4810-20..
[09:46] Shai C: it's an OAOR in bn
[09:46] Shai C: these opens give momentum later in the day
[09:47] Shai C: yes Jitendra- I see 4820 spot as a must visit zone
[09:47] Jitender Chhabra: k…tx
[09:56] Ravi Vrindavan: shai….what the next power line on nf…4840?
[09:56] Ravi Vrindavan: for covering the short
[09:59] Ravi Vrindavan: range out in futures daily note
[10:00] r m: yes, the range ends at ps3! the level difference (1sd i belive is 24 points today)
[10:00] Shai C: 4826
[10:00] Ravi Vrindavan: ok
[10:01] Shai C: Bn can be sold below IBL
[10:01] r m: copper below 420 🙂
[10:10] Shares Trader: now talks of 4600 🙂
[10:14] r m: 🙂
[10:15] r m: I will always remember that nobody was talking about buying even below 2500 🙂
[10:15] Shares Trader: u mean 2009 ?
[10:15] r m: yeah
[10:15] Shares Trader: i wasnt in mkt thn 😀
[10:16] r m: they were expecting 1800 then 🙂
[10:16] Shares Trader: n later i felt lk missing life time opportunity ..always hindsight though
[10:16] r m: i was fiddling with cash market at that time 🙂
[10:17] r m: that is right, 20/20 hindsight is a great gift from god 🙂
[10:17] Shares Trader: okey..so u loaded stks or nt
[10:17] r m: i was already fully in by 4000 😀
[10:17] r m: so ended up booking partial loss 🙂
[10:17] Pasi C: ravi vrindavan u r from?
[10:18] Ravi Vrindavan: kerala
[10:18] Pasi C: ok
[10:18] Ravi Vrindavan: and pasi u from?
[10:18] Pasi C: Hyderabad
[10:18] Shares Trader: ohh
[10:23] r m: @ST, how do you pick stocks for trading, do you screen everyday or have a permanent list?
[10:24] Shares Trader: i tarde few selctd stks only..wch i monitor daily
[10:24] Shares Trader: trade *
[10:25] r m: ok, thanks, that makes sense, you would have the important levels at your fingertips
[10:25] Shares Trader: ys..n stops mostly
[10:25] r m: ok
[10:25] Shares Trader: trading any random stk makes sense only in Bullish mkt 😀
[10:26] r m: yeah 🙂
[10:28] Shares Trader: if Low breaks..may get 20-25 pts in NF atleast
[10:41] Shai C: discount has widened
[10:41] Shai C: 14 points now
[10:42] Shai C: watch BN at IB low- has to break it for more selling
[10:42] Shares Trader: yes..Nifty puts nt making highs worrying me lil
[10:51] Shai C: 4800 PE has started reducing OI
[10:51] Shai C: sellers are safe as long as auction stays below PDL
[10:52] Jitender Chhabra: shai..how were the vols at 4835….
[10:52] Shai C: once it eneters PDL for a few mins, then perception changes and a move to value cannot be ruled out
[10:53] Shai C: Jitendra 3 rd biigest vol bar of the day at 4836
[10:53] Jitender Chhabra: k..tx
[10:59] Shai C: as a rule if Nf tries to break IB without a supporting move by BN, chances of immediate failure are very high
[10:59] Shai C: info just for timing a new entry
[11:09] Pasi C: ibl in bn
[11:20] Pasi C: [10:59] Shai C: as a rule if Nf tries to break IB without a supporting move by BN, chances of immediate failure are very high
[11:21] Pasi C: failure in play?@shai
[11:21] Shai C: Not really- but not a good time to short a new trade
[11:21] Pasi C: ok
[11:22] Shai C: RBI is doing it's best to put USD INR below vwap now
[11:30] Pasi C: one more attempt at IBL
[11:31] Shai C: somebody defending bn at 9851
[11:31] Shai C: 9051
[11:34] Shai C: short BN only below 9050
[11:34] Shai C: we should head lower now
[11:43] Shai C: 9051 again
[11:47] Shai C: has to take out 5061 for a bounce
[11:48] Shai C: 4860*
[11:57] Shai C: moving now
[11:57] Jitender Chhabra: yup…
[11:58] Jitender Chhabra: hangseng down 623…
[12:03] Jitender Chhabra: HS -651
[12:03] Shai C: es has broken through 1325 and falling swiftly
[12:32] Shai C: No new selling at 4840 spot
[12:32] Shai C: was that the correct spot low?
[12:32] r m: 4841.15
[12:34] Shai C: Thanks RM
[12:36] Pasi C: bn back to IBL
[12:48] Pasi C: bn tgt shai?
[12:55] Shai C: 2IB
[12:56] Shai C: 8933
[13:01] Shai C: 8910- 8933 is also an HVN in BN
[13:02] Shai C: should attract price
[13:03] Shai C: [09:44] Shai C: I feel this signal should give about 150-200 points today—- (50 % done)
[13:07] Shai C: big volume again in NF/ BN
[13:21] j g: probably the last chance for bulls – one leg in graveyard already – if this succeeds, we go to 5009 nonstop?
[13:23] Shai C: globe/ usdinr all against NF today
[13:23] j g: shai is it a technical fall or news-based globally?
[13:24] Shai C: news based
[13:24] j g: if later, recovery will be sharper too?
[13:25] Shai C: yes up retracements in a down mkt are always sharp
[13:25] j g: any signs of OTF buyers here?
[13:26] Shai C: none so far
[13:48] Shai C: vwap in both
[13:49] j g: will mkt expire at 4500 or 5200 or in between? 350 pts to take for bears/bulls
[13:49] j g: 11 sessions to go
[13:50] j g: shai's timeline suggests 4200 by june end – so 4500 wud be nearby?
[13:54] Shai C: knocking at 4860
[13:56] Shai C: anybody has the vix high?
[13:57] r m: 24.52
[13:57] r m: at 13:09 minute bar
[13:58] Pasi C: bn hit 9100?
[14:06] Shai C: yes 9111
[14:06] Shai C: auction has to stay abv pdl
[14:06] Shai C: to keep sellers away
[14:07] Shai C: Good chances of the ES bouncing up today from that 1320 level
[14:07] Shai C: 1339 is a trade for them today
[14:09] Shai C: Thanks RM for 24.52 . we are at 23.70 now
[14:09] Shai C: Can u see in your intra chart if there was a spike in vix at the close?
[14:10] Shai C: last 15-20 mins
[14:10] r m: yesterday?
[14:10] Shai C: yes
[14:11] r m: around 14.15 there was a spike to 22.77 but closed lower at 22.33
[14:11] Shai C: touch of vwap from upper side has happened
[14:11] Pasi C: shai hold bn shorts?
[14:12] Shai C: still need to cross pdl for upside bais
[14:12] Shai C: Pasi I'm out half and holding bal
[14:12] Shai C: I'll exit if we move and stay abv 9100
[14:13] Shai C: mental stop
[14:14] Pasi C: chart stuck
[14:16] Shai C: is it?
[14:16] Jitender Chhabra: FM says on TV that todayz fall is due to Greece crisis…6.9GDP has to b accpeted
[14:17] r m: Greece or Grease? 🙂
[14:18] Shai C: they are trying to talk the mkt up
[14:18] r m: for once poor fellow is right, Nifty won't move up alone 🙂
[14:18] Jitender Chhabra: Grease to lubri the countryz a** for their further taking it for a ride:-)
[14:18] Jitender Chhabra: A. Raja out yday proves nuthn can happen to theese people….
[14:19] r m: They must have extracted promises from him to not to spill the beans before letting him out!
[14:19] j g: JC, raja is rm's right hand 😉 dehradun walo ko kuch nahi hota;;
[14:19] Jitender Chhabra: lol
[14:20] r m: @JG, must be left hand, the wrist is giving trouble since last one and a half year 🙂
[14:21] j g: rm because i like bengal doesn't mean u assign everything "left" to me 😉
[14:21] r m: 😀
[14:24] r m: @jg, very difficult to understand your fascination with Mamta Di 🙂
[14:24] Jitender Chhabra: hehe…
[14:25] j g: my fasc. is beautiful women – does mamta di fall in that category? or let us say any of those two categories? :
[14:26] r m: Bong first is your slogan na!
[14:26] j g: 2.30 approaching
[14:28] r m: there are only two green index in forexpro, USVIX and CAC 🙂
[14:30] r m: greenshoots, us turning green
[14:30] j g: iska matlab tom gap up and a rally
[14:31] r m: they went back to their favorite color, red 🙂
[14:31] r m: CAC seems to be celebrating their new found socialism!
[14:31] j g: US for a long time kept going up rm – now i think they will correct substantially taking us also down the drain
[14:31] j g: 4200 – is where shai's timeline is
[14:32] r m: @JG, we are used to being in the drain – half our population lives there 🙂
[14:32] j g: i am interested in this timeline concept
[14:33] Shai C: at this stage I'm inclined to believe that even a gap down will be accpted to buy
[14:33] Shai C: mkt has done well to come back here at pdl
[14:33] j g: i requested shai to show us the result of last 3 time-lines – but he being in the right wing, ignored me 🙁 rm, try your veto and request shai if he can show us the timelines (predicted) and actually what happened?
[14:34] Shai C: a bit of push in the close will push sellers out
[14:34] Shai C: u mean thos eprice- time charts?
[14:34] r m: @jg, just search for Shai's posts on timeline and compare them with NF charts 🙂
[14:35] j g: are bhai itni mehnat karwaoge? :-0
[14:35] r m: lol
[14:35] r m: I remember that you always like fast food 🙂
[14:35] j g: if u ask me to buy any combo here – i will do it ;
[14:36] j g: u ask me to marry a trillionarie girl (yes bar increased now) – i will…
[14:36] Shai C: I've placed my exit BN order at 9117
[14:36] r m: @jg, maybe you should just google search for a girl with best combo 🙂
[14:36] j g: i will not allow 9117 to come 😉
[14:36] Shai C: hopefully we should get a buy signal as we are abv vwap/ dpooc
[14:37] j g: these days shai – closes are deceptive – yday it closed at 4940? and today open at?
[14:38] r m: 4869 🙂
[14:38] Shai C: @Jg the beauty of intra day trading is that it takes 0.010 % brokerage to change bias
[14:38] j g: if u see 9117 here – shai has manipulated the chart 🙂
[14:38] j g: gafla
[14:39] j g: of buy in bn – double gafla :
[14:39] r m: Shai has big hands, NSE within easy reach 🙂
[14:41] Shai C: Buy abv 9137 only
[14:41] j g: shai this price coming down from up to vwap and then bounce – 80% time it happens?
[14:42] r m: but in bn the bounce is higher then the previous high
[14:43] j g: bn actually did vwap -band trade
[14:43] r m: yes
[14:51] Shai C: one spurt into the close will comne
[14:51] Shai C: tgt 4895
[14:54] Shai C: Bn looks at 9180/ 9200
[14:54] j g: green/pink worked well shai in bn – long from 9000
[14:57] j g: 9000-9100 (100 pts – green of) and 9050-9150 (100 pts – green of) – what else do u want in life rm?
[14:57] r m: me? nothing! But the one who got the point wants a lot more 🙂
[14:58] j g: u wanted copper below 420 – now it is 418 :
[14:58] r m: yeah
[14:59] j g: i want a fast-fall here straight to 4825 ;-
[15:07] Shai C: Nf profile has balanced to a nice D
[15:17] Shai C: looks like it wants a close here
[15:25] Shai C: a better close in BN than NF
[15:29] r m: quick steps in NF POC!
[15:29] r m: *DPOC
[15:29] j g: looks fishy
[15:29] j g: i think fall continues tom
[15:30] Jiignesh -: Jai Sri krishna
[15:30] r m: ok
[15:30] Shai C: maybe but we have a well defined value area tom
[15:30] Shai C: 4839-4863
[15:30] j g: ok
[15:31] j g: yday close 4940 – today open 4869
[15:31] j g: today close 4853 – tom open?
[15:31] Jiignesh -: shai maintain bn long
[15:32] Jiignesh -: ?
[15:33] Jiignesh -: u there?
[15:33] Shai C: yes
[15:33] r m: Thanks Shai, bye all, have a great evening 🙂
[15:33] Jiignesh -: agar koi signal avoid karna he to plz twwet karna
[15:34] Shai C: ok
[15:35] Jiignesh -: and modification too ha
[15:36] Shai C: best is to follow all but change money management depending on your own study
[15:36] Shai C: Lot size
[15:36] Jiignesh -: 100pt 75% booking
[15:36] Jiignesh -: fixed in bn
[15:36] Shai C: No lot size at entry
[15:37] Jiignesh -: that's difficult
[15:38] Shai C: why?
[15:39] Jiignesh -: diffrent lot
[15:39] Shai C: You can always reduce your max lot size by half
[15:39] Jiignesh -: in all trade
[15:39] Shai C: sure you use more than 2
[15:39] Jiignesh -: I m
[15:39] Shai C: In a trend I go fiull qty for a signal with the trend
[15:40] Shai C: and half for opp of trend
[15:40] Jiignesh -: got ur point
[15:40] Shai C: Off for Chai
[15:40] Jiignesh -: I will try it
[15:40] Shai C: See you later
[15:40] Jiignesh -: bye
[15:41] Jiignesh -: see ya
[19:43] Jiignesh -: baap band trade in silver
[19:59] Shai **: [14:07] Shai C: Good chances of the ES bouncing up today from that 1320 level & [14:07] Shai C: 1339 is a trade for them today
[20:00] Shai **: If 1336 holds, the BN longs will do well tomorrow
[20:00] Shai **: 1345 is still an expectation if 1339 crosses
[20:01] Shai **: Buy signals in copper and crude would mean that equities do well
[20:01] Shai **: Copper is 2 points up already in 80 % rule
[20:02] Shai **: Crude is hesitating a bit at VAL
[20:02] Shai **: 5103 and 5117 are esy tgts above 5085
[20:26] Shai **: 5117 done
[20:26] Shai **: mkt returns from VAH
*** Shai **, Welcome to the Vtrender conference room!