General Chat Transcript
Date and Time: January 08, 2015 09:22:49
[08:53] r m : Good Morning folks!
[08:53] r m : http://vtrender.com/levels-and-plan-for-8th-jan/
[08:53] r m : http://vtrender.com/premium/orderflow-charts-and-notes-0701/
[08:53] r m : NF Hypo1 above 8180➜8216➜8272 SL 8157 Hypo2 below 8123➜8091➜8062 SL 8160 JAN Future levels
[08:53] r m : BNF Hypo1 above 18500➜18625➜18768 SL 18435 Hypo2 below 18350➜18290➜18020 SL 18450 JAN Future levels
[08:57] Keshav : morning all
[08:58] Keshav : hi rm
[09:00] r m : Hi Keshav
[09:01] Kathir : Hi RM ge Keshav and al friends
[09:01] Keshav : morning kathir
[09:01] Shai : GM all
[09:01] r m : Hi Kathir
[09:02] Keshav : hi shai
[09:03] Kathir : GM Shai
[09:06] Kathir : sgx 8187
[09:06] Kathir : +46
[09:07] Keshav : uff 90
[09:07] RK : GM Shai,RM,Kathir,Kesha and all
[09:07] r m : Hi RK
[09:07] Keshav : morning rk
[09:07] Kathir : Hi RK
[09:10] Sharad : GM all
[09:10] Rav : GM All
[09:10] Rav : [14:40] Kathir : @rav thanks..so 18000k pe also been bought is it? and 19 k ce written?[14:42] Rav : yes[14:42] Kathir : even 17500 pe is bought[14:43] Kathir : ok ravi thanks[14:43] Rav : kathir pl see change in oi> vol….[14:44] Kathir : ok sure[14:44] Rav : 18000pe written and 19000ce bought…[13:18] Rav : 8000pe writing is heavy and short ( sell 8000pe)[13:18] Rav : they sold at 102 and will amke it 46[11:59] Rav : 8000pe written ( sold )a t 102 is now 92 and 7900pe of 74 at 64
[09:11] Sharad : Ravi…really you are master of options
[09:11] Porus : GM all
[09:12] Rav : bn 300 up nf 90 up in premkt
[09:12] Sharad : Shai USDINR very near to 63.30…. what is next support now ?
[09:13] Rav : My data S3: (62.8), S2: (63.19), S1: (63.34), Pivot: (63.59), R1: (63.73), R2: (63.99), R3: (64.39).
[09:14] r m : @Rav, that 8000PE is sure going to open near 46!
[09:14] Sharad : Those i have Ravi… i want MP supports.. which are best
[09:16] Rav : 52 booked
[09:16] Rav : 8100pe 74 booked
[09:16] Kathir : wow Rav great analysis..
[09:17] r m : @Rav, great trading, Congrats!
[09:17] Keshav : @rav one good trade
[09:17] Rav : nf 8159 booked at 8230
[09:18] Sharad : super great Ravi…. Congrats
[09:18] Rav : 19000ce at 237
[09:18] Rav : my trading is over
[09:18] Rav : wc
[09:18] r m : wow, will have to catch a flight to Chennai to celebrate with Rav 🙂
[09:19] Kathir : @RM i am your assistant
[09:20] r m : lol
[09:21] Kathir : @RM Ravi’s trading is over because he has booked profits..my trading also over because i dont have anything to do now 🙂
[09:21] Rav : bnf i booked for loss as exchange cut at 3.15 p.m
[09:22] Sharad : why short of margin ?
[09:23] Rav : heavy position
[09:23] Kathir : oh ok
[09:24] Sharad : ok
[09:24] Kathir : @shai is 8272 nf hypo possible now?
[09:24] Rav : i pledge equity as margin and trade and square off at 3.15
[09:24] Kathir : more over if you sell options you need full margin again right?
[09:24] Keshav : oh
[09:24] Shai : sharad 63 is 63.30 breaks
[09:25] Rav : exactly. full margin
[09:25] Shai : but see f 63.30 holds as it is weekly supp
[09:26] Sharad : ok Shai … it must break today 63.30… ES future already up today 15 points and news is Fed not hiking rate in 2015
[09:26] Rav : IT SC ahead of Infy Results
[09:26] Sharad : so bot nf @ 8213 willl sell at close only
[09:27] Sharad : 8180 sl
[09:27] Kathir : @shai is 8272 nf hypo possible now?
[09:27] Sharad : Shai i am expecting 62.50 by next week
[09:28] Shai : No Kathir – wait for 8217 cross
[09:28] Kathir : ok
[09:28] Shai : market is driving down at open
[09:28] Shai : may be wants a gap fill at 8184
[09:29] Mandar : GM all. Shai, but close is at 8141 nf.
[09:30] Mandar : thats intraday top
[09:31] Mandar : pls correct me if i am wrong
[09:31] Shai : Yes in Auction theory we look at closure of gap in terms of vol traded at price
[09:32] Shai : so lwould be high price of the day so that volume cycle is complete
[09:32] Mandar : ok
[09:33] Shai : in charts the 30 min FP chart now will have 30 mins of bars showing buy/ side sell side vol and will move to left
[09:36] Shai : 8195
[09:37] Shai : buy side pressure now beginning t build up
[09:37] Shai : vwap is key if open is a drive- always
[09:37] Shai : 8220- 8227 is where the seller is now
[09:43] Shai : BNF closed the gap
[09:44] Shai : seeing buying resp at 571 competing with sellers from abv
[09:44] Kathir : shai now it should hold this levels and should go up above vwap?
[09:44] RK : may be safe above 625
[09:45] Shai : abv 8216 we will attept that buy in NF for 8234/ 8270 with sl just below vwap
[09:45] Kathir : bnf 18768 upside pending
[09:46] Shai : BNF congestion – seller is skeen to hold
[09:47] RK : yes this entire week seems Sellers are keen with BNF
[09:48] Shai : yet better than NF
[09:48] Kathir : @RK nf down 400-500 from highs but bnf 600 700 only..s
[09:48] r m : while NF saw OI decline last two days showing long liquidation, BNF saw short addition
[09:48] Shai : feb 3 is the meet on the rate cut
[09:49] Amit J : shai your view on axis. looks extremely weak
[09:50] Kathir : @sharad usd/inr low 63.30
[09:51] Sharad : yes Kathir i am already short from 63.84
[09:51] Shai : yes axis is getting supply at 506
[09:51] Shai : may drop to 493
[09:51] Shai : good trade location with short easy to manage at 507 cash
[09:52] Shai : 1st 40 mins – vwap is critical in gaps ups
[09:52] Shai : and so far vwap not holding up
[09:53] Shai : so sellers more aggressive at higher prices
[09:55] Shai : in BNF if 570 breaks it can drop straight to vah at 480
[09:58] Shai : same in NF a test of vah 8170 is there below pdh but not worth the trade
[09:59] Shai : in fact short below 8192 for 8170 will give same result
[09:59] Shai : vah is the review trade for the hypos toay
[09:59] Shai : as it was KRA
[09:59] Shai : lot depens on whether it holds today on test or not
[10:00] Shai : if it does not then that 80% trade will kicj in with 99% accuracy
[10:00] Kathir : 🙂
[10:00] RK : weak hands are being tested
[10:00] RK : 80% on downside?
[10:01] Porus : Shai, where is nf VAL?
[10:01] Kathir : 99%
[10:01] Shai : 8131
[10:01] Kathir : 8133
[10:01] Kathir : ok
[10:02] Porus : Shai, how do you determine KRA levels?
[10:04] Kathir : @Rav any info on options now?
[10:04] Shai : kra is based on vwap or vah and depends on the profile structure
[10:06] Shai : this gap up and down has created confusion now for both bulls and bears
[10:06] Shai : both will be in now and exerting pressure both ways
[10:07] Porus : Shai, RAv – 8100 pe has built up 3.9lac OI already. Is this significant? What support level does this create for the market?
[10:09] Rav : 8600ce284375 8100pe390550
[10:09] Rav : up
[10:10] Sharad : 8600 ce lbu ?
[10:10] Rav : but 8100 pe and ce sc and sbu is on. fight between bulls and bears
[10:12] Kathir : @Rav do you track options for some specified stock also?
[10:12] Rav : buildup will be seen by evening or tomorrow clearly. all fridays writers will be active to encash two hoildays time decay
[10:13] Rav : yes
[10:13] Rav : you can put nse link for all stocks and will depict chart like nifty
[10:14] Kathir : If possible please check infy..i guess after fridays result monday infy will open up or down 3 -4%..so we can try some pe or ce on friday
[10:15] Keshav : @rav where to add the link for stocks
[10:26] Rav : In option chain page,go to data
[10:26] Rav : get external data and edit query
[10:27] Rav : will find nse link. go to nes option chain and type required stock or index and cut and paste. bingo you are donw
[10:27] Rav : done
[10:33] Rav : kathir 1900-2000 ce pe are spreaded
[10:33] Rav : beware.
[10:33] Rav : if you are bearish go for bear put spread and bullish bull call spread
[10:34] Kathir : ok thanks
[10:34] Keshav : @rav i got to the get external data section in excel sheet
[10:34] Keshav : now should i check on from web?
[10:34] Rav : you can put heavu weights and track
[10:35] Rav : yes
[10:35] Rav : http://www.nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?symbolCode=180&symbol=INFY&symbol=infy&instrument=OPTSTK&date=-&segmentLink=17&segmentLink=17
[10:35] Rav : for infy
[10:39] Kathir : yes ravi..2000 2100 2200 ce has high volumes
[10:39] Kathir : 1900 and 1800 pe as well
[10:41] Kathir : Did You KnowThe higher the Percent of Deliverable Quantity to Traded Quantity the better – it indicates that most buyers are expecting the price of the share to go up.
[10:41] Kathir : NSE tips
[10:42] Amit J : it works both way kartikji
[10:42] Amit J : Kathirji sorry
[10:43] Kathir : Amit ok 🙂 Ji is for RM only 🙂 i am still young Amit
[10:43] Amit J : ok kathirji 🙂
[10:43] Kathir : lol
[10:44] Amit J : bn not crossing vwap
[10:44] Amit J : delta castrol looks good
[10:45] Rav : itc
[10:46] Kathir : ITC up 1.2 %
[10:48] Rav : Taregtting 365
[10:49] Kathir : fut or cash
[10:49] Rav : think shortsellers are caught. Mkt is now static
[10:49] Rav : only fut
[10:50] Kathir : ok
[10:55] Kathir : @RM captains bat – kohli another hundred fouth in this series
[10:56] RK : as per cric TA market should go up if team India plays well on field..lol
[10:57] r m : 🙂
[10:57] RK : there was a articles statistically proving market perfomance compared to cricket :)))
[10:57] Kathir : 🙂
[10:57] RK : article
[10:57] RK : I read it around 5 years back 🙂
[10:59] Amit J : delta sharp move to 8%
[11:00] Rav : HDFCBANK
[11:01] Rav : pushing bnf
[11:03] Kathir : USD/INR below 63.30
[11:04] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/c389d1e8-065c-4d0a-b637-b3214cf0c9f2
[11:05] Sharad : yes great kathir towards 63
[11:07] Kathir : @rav whats is that 8600 ce doing..
[11:08] Rav : LBU
[11:09] Kathir : oh ok
[11:10] Rav : 8600ce added in bottom chart
[11:11] Rav : 8100-8300 is at equal height…spot of 8266 i sure
[11:11] Rav : is
[11:11] Shai : Infy 12.30 in mkt hours tom acc to well infy 🙂 – http://www.infosys.com/investors/
[11:12] RK : and tmw is Friday..not a good combination 🙂
[11:13] Porus : But any inkling of what is expected from Imfy tomorrow?
[11:13] Shai : at least they got confident of releasing in mkt hours
[11:13] Shai : big up/ down news from pre market to post market and now settling in middle of market 🙂
[11:13] RK : absolutely
[11:13] Sharad : Shai can 63 INR break today itself ?
[11:14] Rav : 19300ce adding
[11:14] Kathir : inr lokking downside so market move up?
[11:15] Sharad : yes kathir
[11:15] Kathir : @sharad bough some 63 pe now 🙂
[11:15] Shai : Sharad looks diff to break
[11:15] Shai : 63.30- 63.16- 63.00 now thrugh fri
[11:15] Sharad : ok never mind not today then tomorrow or monday for sure
[11:16] Sharad : this expiry it should close below 62
[11:16] RK : quite narrow range after open
[11:17] Sharad : RK to keep short people holding… and market will go up in gaps
[11:18] RK : Yes Sharad but the quick drop from open made this pause in the range
[11:19] Sharad : that is why shorts will hold… lot of shorts caught in 2-3 days
[11:20] Sharad : all shorts waiting
[11:20] Shai : Nice charts Ravi- all fed from Nse?
[11:20] Kathir : @sharad booked profit in 63 pe 0.1925 – 0.22 – small bite 🙂
[11:21] Sharad : during market hours if it is not going up why should they cover..
[11:21] RK : true Sharad
[11:21] Sharad : Kathir i am gonna play this time fully … not going to sell before 62
[11:22] Sharad : i have boarded @ 63.84
[11:22] Kathir : wow..great one
[11:22] Shai : call writers booking- http://screencast.com/t/tkh6tWv1y
[11:22] Sharad : my 75% trades are in INR only
[11:23] Sharad : and i am fully loaded this time
[11:24] Sharad : that is why asking Shai for last 3-4 days daily
[11:24] Kathir : ok
[11:27] Sharad : see weekly charts RSi is on top as move from 58.32 not corrected at all
[11:27] Sharad : see in next 2-3 weeks will be sharp downward to correct RSI
[11:28] Sharad : that is why expecting NF too to go all time high in this expiry
[11:29] Rav : Shai..from GDF data.NSE is delayed and seediff is much delayed from my past experience
[11:30] Sharad : As per ravi CE positions have also made in last 5-7 days
[11:32] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/b59f4e1c-4d6b-48bd-9b29-418066910b43
[11:32] r m : @Rav, yes, nse option chain has a big lag
[11:32] Rav : sharad rsi is solid
[11:33] Sharad : yes solid that is why to build divergance it has to go down
[11:33] Rav : daily chart
[11:37] Sharad : FII bringing lot of money in debt funds..
[11:38] RK : Shai axis levels below 493 pls
[11:41] Rav : 7900-8400 pe SBU and ce SC..
[11:42] Shai : ok Rav
[11:43] Shai : RK big POC is there at 492 which should absorb selling to go neutral
[11:43] Shai : in other words limited downside below 493
[11:43] RK : thanks
[11:44] Shai : welcome
[11:45] Shai : NF making an attempt to hold vwap
[11:46] Shai : should see day highs and 8272 from here
[11:46] Shai : sl is tricky – IBL is better but gap fill 8180 is best from hypo 1 level 1
[11:47] Shai : BNF is complex as it has that big selling tail at open
[11:48] Kathir : INR 63.20
[11:48] Shai : but responsive buyers are plenty from 18580 to counter that
[11:48] Kathir : @shai 30 mins chart with delta percentage mofified
[11:48] Shai : 18666- 18697- 18744 F are 3 intra levels
[11:49] Shai : short covering will be big abv 18744
[11:49] Shai : F
[11:50] RK : thats a kind of relief commentary Shai 🙂
[11:50] Shai : anomaly repair in NF from the profile of 6/1
[11:51] Shai : abv 8234 should be a quick 40 pointer
[11:51] Shai : hence thse not in can add abv IBH with 8217 as sl
[11:51] RK : huge IBH diff bw NF and BNF
[12:16] RK : NS today high is around 38.2% retracement from 8492-8065 fall
[12:17] RK : move above that will clear some stops of shorts
[12:18] RK : which coincides with quick 40 point move above 8234 F
[12:20] RK : 50% at 8255spot matches with 8272 F tgt frrom Shai
[12:20] Shai : yes I’m foreced to look at both spot and F prices as premium is moving too much this series
[12:21] Shai : should have stabilised at 35 as is normal but is at 22 now
[12:21] Shai : start was think 80 plus
[12:21] Rav : lower the premium better for covering
[12:21] RK : 100 on the expiry day 🙂
[12:22] Shai : yes shorts made merry at higher prices
[12:22] Shai : (11:48) Shai :18666- 18697- 18744 F are 3 intra levels
[12:22] Shai : 18666 is my trigger for long
[12:23] Kathir : if we take long abve 18666 SL vwap?
[12:23] Shai : abv that 18400 BN looks to be on track for 18723 spot in next few sessions
[12:23] Shai : Yes kathir
[12:24] Kathir : ok
[12:24] Kathir : bnf premium less than 70
[12:29] Shai : vol in NF at 46 L today
[12:30] Shai : should close at 7- 7.5 lakh which should be under the last 3 day avg
[12:30] Shai : unless that move happens abv 8234 and shorts cover heavily
[12:30] Shai : 70- 75 L**
[12:31] Kathir : bnf 18670
[12:32] Rav : ITC 362.25
[12:33] Kathir : moving towards ur 335
[12:36] Shai : 697 is middle to part book and trail
[12:36] Shai : this is bear territory
[12:37] Kathir : @shai bnf delta % -29 and + 10 right
[12:38] Shai : nO 236 and 121
[12:38] Kathir : 30 mins % shai
[12:39] Shai : the left of the screen is total day and right side is recent 30 mins
[12:39] Shai : yes
[12:39] Kathir : ok thanks
[12:42] Kathir : @if bnf has to go up Shai has to delete the red line 18678 🙂
[12:43] RK : yeah couldnt see that for the last 2 days 🙂
[12:44] Kathir : oh god pink appears in bnf
[12:44] RK : yes expecting then when ticks and delta going down you get that pink pointer 🙂
[12:45] RK : *that
[12:45] Kathir : delta not down much at present
[12:45] Kathir : see nf
[12:46] RK : ok
[12:47] Kathir : @RK guruji silent today ?
[12:48] r m : toothache 🙂
[12:48] Kathir : toothache affects typing also 🙂
[12:48] RK : bad..take care RM
[12:48] RK : Kathir 🙂
[12:49] Kathir : @rm really?
[12:49] r m : @Kathir, actually it does not, but we are almost speaking to each other here!
[12:50] Kathir : yeah..i thought you joking..sorry..take care..is toothache has anything to do with climate?
[12:50] Rahul G : shai views on bhel
[12:50] Rahul G : plz
[12:51] r m : @Kathir, no, i think it is because of eating too many sweets 🙂
[12:52] Kathir : oh ok..you like sweets much
[12:52] RK : pink is curvy
[12:53] r m : @Kathir, I can
[12:53] r m : I can’t stand sweets lying around unattended at home 🙂
[12:55] Kathir : oh 🙂 then you need to put extra care for teeth 🙂
[12:55] Kathir : @RM only at home or evn at sweets shop 🙂
[12:56] r m : no, I never go to sweet shops unless they offer free dental treatment 🙂
[12:56] Kathir : lol
[12:58] Kathir : @rk i will not forget karur in my life.i had a vada one day and one of y teeth broken 🙁
[12:58] Kathir : my
[12:58] r m : lol
[12:59] Rav : thought why
[12:59] RK : my goodness..stone?
[12:59] r m : once i ordered icecream in an Udaipur restaurant and had to request the waiter for a hammer and a chisel, it was so hard 🙂
[12:59] RK : 🙂
[13:00] Rav : tall pinned candle in bnf 3 min ago
[13:01] Sharad : Shai below 63.16 INR
[13:02] Rav : 13:00 Rav : tall pinned candle in bnf 3 min ago
[13:03] Kathir : lol
[13:04] Kathir : @RK yeah small stone was there..if you give treat in karur please dont add vada 🙂
[13:04] Rav : nf oi up
[13:05] Porus : spiked to 8234
[13:05] Kathir : @rav does that candle suggests something?
[13:05] Rav : yes
[13:06] Rav : checking sl
[13:06] Kathir : ok
[13:07] Kathir : oh sellers in NF?
[13:08] RK : Kathir :)..dont worry..we have one exclusive vada shop..they offer only vadas for last 25 years and excellent taste and quality..we will go there 🙂
[13:08] Shai : volumes increasing in usdinr on move down
[13:09] Shai : 63 obj is good but 63.45 is a good sl now into next week for a further 45 point downmove below 62.99
[13:10] Shai : 8234 showed a big seller
[13:10] Kathir : @RK ok thanks 🙂
[13:12] Shai : that fall from 678 does not have big sellers- so BNF may attemt that again
[13:14] Sharad : so Shai 62.55 support right ? thats look good to cover part
[13:15] Shai : suggest part book at 63 and hold over 63.45 the rest
[13:16] Sharad : ok sure
[13:16] Shai : nice trade . congrats
[13:16] Shai : did it hit 63.8 anytime yesterday or previous evening?
[13:17] Shai : NF bulls have to match up now at vwap
[13:17] Kathir : yes shai it went to 63.92
[13:18] Sharad : yes
[13:18] Shai : that seller at 8234 is beginning to influence
[13:18] Kathir : mon eve
[13:18] Sharad : yesterday high 63.8475
[13:18] Shai : ok- Thanks
[13:18] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/5ae2a614-a354-4e35-a845-5f9055280723
[13:18] Shai : I did not look at the chart yesterday but somehw my alert did not trigger
[13:19] Rav : 8100 8200 pe evenly topped and levelled and kept
[13:19] Sharad : I sold it on Tuesday evening
[13:19] Sharad : 63.93 high
[13:19] Shai : nice 🙂
[13:20] Porus : Rav, how do you interpret this?
[13:20] Sharad : that is why i was asking repeatedly
[13:20] Kathir : I was expecting shai’s 64.05 to come but it didnt 🙂
[13:20] Sharad : bot 500 lots put of 63 also
[13:21] Kathir : @sharad super
[13:21] Rav : double support at 8100 8200 since pe writers are building up and ce writers are covering
[13:21] Kathir : congrats man
[13:21] Rav : besides big one at 8000
[13:21] Sharad : Kathir when one is sure for long journey somthing should be left for others
[13:22] Kathir : @rav 8000 pe whats is happeening today..short covering done?
[13:22] Sharad : and stop was very near of shai 61.05
[13:22] Kathir : @sharad yes 🙂
[13:22] Kathir : ok
[13:22] Sharad : i was hoping of 63.99
[13:22] Rav : 8000pe long liquidation is going on . writers are steady
[13:23] Kathir : ok
[13:23] Shai : Nice charts again Rav- so 8400 ce bought?
[13:23] RK : MCX or NSE which is better for INR and what is the Margin?
[13:24] Sharad : NSE
[13:24] Rav : no posotion shai
[13:24] Kathir : @rk marging very less for usd/inr
[13:25] RK : ok
[13:25] Kathir : @rav 8400 ce is being bought ?
[13:26] Kathir : @rk options you can trade easily if you know the levels..63 pe was around 0.20 when it broke 63.30
[13:26] Rav : yes. but i did not
[13:26] Kathir : ok ravi
[13:26] Rav : Monday only positions in options due to Infy
[13:26] Kathir : @RK now 0.30
[13:27] Kathir : oh ok..you want the dust to settle down first 🙂
[13:27] Shai : also nice buildup at the ATM 8200 PE
[13:28] Shai : showing conviction in this upmove added to ce’s reducing positions
[13:28] RK : thanks Kathir
[13:28] Rav : here one with insight
[13:28] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/5a1c15aa-5179-45d5-bffe-917d812cad96
[13:28] Shai : carry longs in BN if we close abv 18610 today
[13:29] RK : Shai I think ES made a nice move and closed at better levels..
[13:29] Shai : immediate upside is 11 points to 18720 tom
[13:29] Shai : Yes RK if 2014- 2018 holds now then looking at 2055 again
[13:30] RK : Yes 2010-14 levels should hold
[13:33] Kathir : @shai today also two time frames operating?
[13:35] RK : Europe solid
[13:35] RK : RM can you pls reconfirm?
[13:37] RK : VWAP nicely held for couple of hours now..even a small breakout can squeeze
[13:37] Rav : http://www.bloomberg.com/markets/stocks/world-indexes/
[13:39] r m : @RK, yes up 1.3% DAX
[13:40] RK : http://www.investing.com/
[13:40] RK : Rav bloomberg not updating
[13:40] RK : its working in investing site
[13:40] RK : Thanks RM
[13:40] r m : welcome
[13:40] B N : for a 300 pts fall – 100+ bounce can be called a change in trend? chances of another 300 down are how many in nf?
[13:41] Kathir : @B N positional?
[13:42] B N : nf delta sheepishly reducing now around 100
[13:42] Kathir : @sharad usd/inr making you hapy 🙂
[13:42] Kathir : but bnf going the other side 🙂
[13:43] Kathir : contra
[13:43] Kathir : @usd/inr down much so bnf more chances for going upside ?
[13:44] Sharad : 63 bingoooooo
[13:45] r m : 🙂
[13:45] Kathir : yeah 62.99 shai’s trgt 🙂 done
[13:45] Sharad : covered only 10%
[13:45] Sharad : chances are 62.55 direct tomorrow
[13:46] Kathir : why tomoww?
[13:46] Sharad : Fry-day
[13:46] Kathir : looks like it wants to give you almost today itself
[13:46] B N : sharad i bet for 64 again tom
[13:46] B N : and more upside from monday
[13:47] B N : nf/bn shd crash now
[13:47] Sharad : lets see… below 62 this expiry for sure
[13:47] Sharad : NF / BNF all time high in Jan looks more
[13:49] Kathir : @B N do you use any separate tool or news based?
[13:52] Rahul G : shai if possible views on BHEL , thanks
[13:53] B N : no kathir – just guess
[13:53] Kathir : ok
[13:53] RK : red wall again
[13:55] Kathir : 13:12 Shai : that fall from 678 does not have big sellers- so BNF may attemt that again
[13:55] Kathir : masters view
[13:56] Shai : Rahul Bhel 263 res to any upmove
[13:56] Sharad : i think INR close today around 62.80 for race to 62.45/62.55
[13:56] RK : 697 done
[13:56] Shai : no volumes looks rangebound 248- 263
[13:56] Sharad : there goes nifty
[13:56] Shai : abv 263 cab do 276
[13:56] Shai : 8245
[13:58] Rahul G : thanks shai
[14:00] B N : last attempt sold bn at 700 sl 750 – if gone – mkt reversed
[14:00] Mandar : Shai, if we close here are we staring at 8330?
[14:00] Mandar : nifty
[14:01] Rav : bnf 18625 booked at 18703
[14:01] RK : Rav me out at 694
[14:01] Rav : shais T1 level entry
[14:02] RK : holding NF for 8270
[14:03] Rav : ITC 363.80from 357.50
[14:10] Kathir : bnfff
[14:11] Shai : Mnadar 8282
[14:11] Shai : Mandar*
[14:11] Mandar : ok
[14:11] B N : my sl survived by 1 pt so far 🙂
[14:11] B N : now it will go
[14:13] Shai : Mandar 8282 F is the scene of the crime
[14:13] Shai : if that is cleared we are up and away
[14:13] Mandar : 🙂
[14:14] Shai : 8264
[14:14] Shai : did say it will be quick abv 8234
[14:14] Mandar : yes
[14:15] Kathir : inr 62.9
[14:15] Rav : 8234 booked at 8264
[14:15] Shai : 8269
[14:15] Shai : profit booking seen
[14:15] Shai : watch those reds
[14:16] Shai : if they increse here we are down to 34 again
[14:16] Kathir : @shai see nf delta decrasing cont..
[14:16] B N : this is OTF corporate buying shai – swift
[14:16] Shai : yes Kathir profits being taken
[14:16] Kathir : ok
[14:18] Sharad : 62.90 low INR
[14:20] Mandar : Shai, view on crompton greaves pls. looking for long here.
[14:21] Porus : @RM, today is a BNF boom boom day
[14:22] RK : 3% today?
[14:22] RK : ulta of 3% down day
[14:23] Shai : cromgreav 189.5 is due on this close
[14:23] Shai : sl below 180
[14:23] Mandar : ok. was looking for big move.20-30%
[14:24] r m : 🙂
[14:24] Shai : oh that was short term
[14:25] Shai : can’t see beyomd 194 on current volumes
[14:25] RK : 8257 and 18817F pullback highs
[14:25] Mandar : ok
[14:25] Mandar : expecting some news on transformer business
[14:26] RK : 8257 and 18817 F pullback highs
[14:27] RK : oops 2 times posted..connectivity issues
[14:30] r m : 18817 http://screencast.com/t/ucYFtbFFV
[14:30] RK : Shai, IBH a chance to reenter or not a convincing buy here?
[14:31] RK : thanks RM
[14:31] r m : welcome
[14:32] Shai : RK so far sellers outnumbering buyers at that 8270 mark
[14:33] Kathir : @rk see delta
[14:33] RK : Kathir BNF stable
[14:33] Kathir : came almost to negative now nf
[14:33] Kathir : yeah bnf vry good
[14:33] RK : ok Shai..then will leave it
[14:34] B N : if mkt decides to ride on infy rise – monday we will have 8400/8500?
[14:34] r m : BNF weighing between two algos! http://screencast.com/t/BmoBSQyws2
[14:36] RK : Yes RM some close aids seems shared buyiing 🙂
[14:37] Shai : Nice RM
[14:38] r m : @Shai, same one as here, I put a big enough filter on t & s to show only huge trades 🙂
[14:39] Shai : NF left a small anomaly at 8234
[14:39] B N : rm result seasons begin with infy?
[14:40] B N : in that case that fall from 8600 will be entirely retraced?
[14:40] Shai : Rm got anything at 8267 about?
[14:41] r m : http://screencast.com/t/VjbmoOcNt
[14:41] Shai : previous
[14:41] Kathir : @shai bn spot gave 18723 today itself 🙂
[14:42] r m : 88K and 97k volume below and above that 8234 anamoly
[14:42] r m : yes Shai, one big trade there
[14:42] Shai : thanks RM
[14:42] r m : welcome
[14:43] Shai : that move to 723 spot is here
[14:43] r m : @RK, clear the road, 817 coming up 🙂
[14:44] r m : @B N, yes, infy is always first off the mark
[14:45] B N : the other day 817 was the scene of crime for a fierce fall in bn
[14:46] r m : market has a long memory!
[14:47] Rav : 8100pe 78 to 58.Neat
[14:47] B N : but this looks like corporate buying for results season
[14:48] Rav : 8000-8200pe OI
[14:48] Rav : BN 19000CE
[14:49] Rav : max Pain 8300
[14:50] Shai : rav notice 8400 ce OI went down now
[14:50] B N : 8400ce guys can be in real danger now
[14:50] Sharad : shai may be short unwinding
[14:51] Rav : 8100-8500ce sc shai
[14:51] Shai : yes Sharad
[14:51] Rav : shorts trapped since morning
[14:51] Shai : still seeing some1 selling heavily here btw 65-72
[14:51] Sharad : in morning price did not move .. so that short stay in system.. this is trick by smart guys
[14:52] Shai : ratio is 2:1 in favor of sellers
[14:52] Rav : in gap up many got caught
[14:52] Rav : in nf,cnxit,bnf
[14:52] Sharad : tomorrow also should be gap up to 6400
[14:52] Sharad : 8400
[14:53] B N : ?
[14:53] Kathir : @shai volumes today not matching with that 250 points fall day?
[14:53] Rav : Infy results before 9 will either jolt ot glitter
[14:53] Sharad : ES going to 2055 as per Shai
[14:53] B N : infy results at 4 pm
[14:53] Kathir : only 50 % of that
[14:54] Rav : Infy is known for announcing result before mkt hours
[14:54] Kathir : I mean volumes today only 50 % of that 250 points fall day
[14:54] Shai : Nice eye ball to eye ball confrontation at 8265- 72 F . Sellers marginally heavier have to defend 8282 to prevent 8360 F tom
[14:54] r m : (11:11) Shai :Infy 12.30 in mkt hours tom acc to well infy 🙂 – http://www.infosys.com/investors/
[14:55] Rav : Infosys Limited (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation solutions, will announce the results for its third quarter ending December 31, 2014 on Friday, January 9, 2015 at 12:30 p.m. Indian Standard Time (IST) (2:00 a.m. US ET; 11:00 p.m. PST on January 8, 2015; 7:00 a.m. London time; 3:00 p.m. Singapore/Hong Kong time).
[14:55] B N : no rm they have sent a second mailer stating that the results will be at 4 pm on fri
[14:55] r m : ok
[14:56] r m : Thanks
[14:56] B N : so monday morning will see either 8500 or 8k
[14:56] B N : mostly upside
[14:56] B N : someone knows the results
[14:56] Kathir : @B N only infy cannot impact that much..they will manage with bnf
[14:57] Rav : http://www.infosys.com/newsroom/press-releases/Documents/2015/Q3-january09-2015.pdf
[14:57] r m : Well, whoever knws is surely not buying infy right now!
[14:57] RK : RM gone for lunch..good that 817 is taken 🙂
[14:57] Rav : Mohandoss PAI used to know and now no more on role
[14:58] r m : yeah, he resigned when Jagirdari system of management came into voge in infy 🙂
[14:58] r m : *vogue
[14:58] Shai : watch the amt chart on screen 2
[14:59] Shai : sellers are coming first time so haevily here
[15:00] B N : the only way to bypass 8282 wud be a gap up
[15:01] Shai : yes – better way of doing that BN is to fire all the algos to buy spx tonight
[15:01] Rahul G : shai is the -63-9-13-51 telling that sellers are comming
[15:01] Shai : these americans have made life miserable here
[15:01] Rahul G : in nifty
[15:01] Sharad : already @ 62.85(13:56) Sharad :i think INR close today around 62.80 for race to 62.45/62.55
[15:02] Shai : Rahul which chart you got 63-9…
[15:02] r m : 62.8550
[15:02] Shai : Rahul just compare buy vol / sell vol in the pane down
[15:03] Shai : 186 v/s 333 now
[15:03] Rahul G : okay so higher the sell volume so mroe sellers
[15:04] RK : Shai but 1.45 to 2.15 pm period has double the qty of sellers than buyers.how to inrerpret that?
[15:08] Rav : rm…they made 8000pe 43 and 8100pe 63 in one day
[15:09] Rav : from 102 and 117
[15:09] r m : yes!
[15:10] Rav : 59 and 54 Rs…weird as Shai told
[15:10] Shai : RK when you see that table also see where they came up abv
[15:10] Shai : you will notice most of that 1.45 qty is 8264 plus
[15:11] RK : ok got it now..its in the higher range of that tf
[15:13] RK : seems BNF had neat distribution..
[15:14] Kathir : @RK bnf volume very less today
[15:15] RK : Yes Kathir
[15:17] Rav : kathir…bought Infy f at 1975 and 1975 pe at 70
[15:17] B N : rav buy in last 10 min tom
[15:17] B N : everything before that will come down
[15:18] Rav : before is thrilling and not after
[15:18] Kathir : @rav you feel infy results will be positive and move up
[15:18] B N : results tom 4 pm
[15:18] B N : so only monday morning will see the results
[15:19] Rav : either way alright for me . BEP will come from one
[15:19] Kathir : ok
[15:19] Shai : BN results may come at 1 pm acc to infy
[15:19] Kathir : @B N official news from infosys is 12.30
[15:20] Kathir : less chance for canginf the time after press release
[15:22] Rav : cos, I ahve Infy shares
[15:22] Kathir : ok
[15:25] Rav : sold at 1985 and pe at 65 .net profit 5 per lot
[15:26] Kathir : ok nice..
[15:27] Rav : 4 lots only
[15:29] Shai : Battle between 8234- 8282 unfinished
[15:29] Shai : I think 8234 visit tom will tell us more
[15:29] Sharad : INR 62.82 low
[15:29] Shai : if it breaks we may go down to 8180
[15:29] Shai : amazing Sharad
[15:29] Sharad : Shai i told you
[15:30] Sharad : expiry below 62
[15:30] Shai : excellent 🙂
[15:30] Shai : Plus there is a diff in the man at the job
[15:30] Sharad : and if goes well then 60.50 to 61 expiry
[15:30] Shai : under subbu it would have been at 67 with this usd move
[15:30] Shai : maybe more
[15:31] Shai : 8255/ 18779
[15:31] Shai : Bye all
[15:31] r m : Thanks and bye folks, have a great evening 🙂
[15:31] Mandar : bye all
[15:31] Sharad : this move down is for that only so that when we rise do not rise above 67
[15:31] Shai : Have a nice evening
[15:31] Amit J : bye
[15:31] Sharad : bye…. nice day
[15:31] Porus : bye
[15:32] Kathir : Thanks and bye all