General Chat Transcript
Date and Time: June 09, 2015 09:11:19
[08:42] r m : Good Morning folks!
[08:42] r m : http://vtrender.com/levels-and-plan-for-09th-june/
[08:42] r m : http://vtrender.com/premium/orderflow-charts-and-notes-080615-2/
[08:42] r m : http://vtrender.com/option-values-dt-080615/
[08:43] r m : Nifty JUN Future levels | Key Reference Area 8010 | Hypo1 below 8010➜7965➜7939 SL 8044 | Hypo2 above 8077➜8108➜8193 SL 8030
[08:43] r m : Banknifty JUN Future levels | KRA 17310 | Hypo1 below 17310➜17231➜17168 sL 17426 | Hypo2 above 17480➜17564➜17746 SL 17310
[08:46] Porus : GM RM and all
[08:46] r m : Hi Porus
[08:51] r m : Monsoon progress – http://screencast.com/t/lbrBZ9xsoC
[08:52] r m : Met deptt link http://www.imd.gov.in/section/nhac/dynamic/allindianew.pdf
[08:54] Shai : GM all
[08:58] Sandeep : GM everyone
[08:59] Srini A : GM All
[08:59] Pawandeep : GM Shai,rm & Friends
[08:59] r m : Hi Pawandeep
[09:00] Vikkas C : gm all
[09:01] Sharad : GM all
[09:03] Tejpreet : GM All
[09:06] Sudhakar : gm all
[09:08] Pawandeep : nifty likly to open below PDL
[09:08] Moses : GM All
[09:09] Venkatesan : gm shai, rm and friends
[09:10] r m : Hi Venkatesan
[09:12] Ashish : GM all
[09:13] Shai : Flat open expected
[09:13] Shai : eyes on the BNF which was not going down somoothly yesterday and showed buying at lows
[09:14] Hemant : GM Folks 🙂
[09:15] Soumya : Good Morning All
[09:19] Shai : Keep a BUY BNF order abv 17485 sl of 17425 tgt 17560
[09:19] Kris : GM All 🙂
[09:20] r m : Hi Kris 🙂
[09:20] Kris : Hi Rm
[09:22] Shai : NF just the opp- lots of sellers at this open
[09:23] Shai : Holding 8010 F today the bull will like to see the NF auction abv VAL at 8048 for any positivity
[09:23] Shai : below VAL it is the sellers alll the way
[09:24] Vikkas C : OPEN DRIVE IN BNF
[09:24] Vikkas C : am i ryt shai ?
[09:25] Shai : yes
[09:25] Shai : we have to give it 30 mins though
[09:25] Shai : staying abv vwap crucial
[09:26] Shai : also vah is there though I kept the trigger at last week lows for the buy , just abv vah
[09:26] Vikkas C : ok
[09:26] John : GM all
[09:27] Shai : stops just below yvwap
[09:30] Shai : Now some greens in NF
[09:31] Pawandeep : @shai bn call open
[09:32] Shai : yes
[09:35] RK : VAL resistance..Shai good chance for 80% here?..may work as it would touch yday spike also 8080 which is VAH today
[09:36] RK : GM Shai,RM and all
[09:37] Shai : Yes trip to 8080 possible
[09:37] Shai : sl is below vwap
[09:37] r m : Hi RK
[09:38] Shai : Seeing a bit more ‘green’ commitment in BNF than NF here
[09:39] Shai : regardless we have a drive
[09:39] Shai : and vwap is the sl for these morning buyers all day
[09:39] Shai : vol in NFthough could have been better
[09:40] Shai : pushing vwap bands is not making me comfy with a large position in NF
[09:41] Shai : 17540
[09:41] RK : Axis making very good move
[09:41] Shai : karge selling order also
[09:42] Shai : suggest book part BNF and trail sl to 17530
[09:42] Shai : 17430**
[09:43] Shai : If we auction abv 17570 after 10.15 IB we will get huge short covering today in BNF
[09:46] r m : (*** Private to RK ) Hi RK, what will be the stop for Maruti shorts today, today’s H4?
[09:48] Shai : Buy NF at 8052 sl of 8025 tgt 8077
[09:52] Shai : Exit the BNF longs. we will look for a new purchase abv 17570 now
[09:52] Shai : NF coming for vwap test
[09:58] Shai : NF exit if SL goes
[09:58] Shai : vwap is broken
[10:00] Venkatesan : shai it seems that 8057 spot yesterday pivot act as reistace
[10:00] Chetan : shai NF seems like open test drive down as of now
[10:00] Shai : Yes Venkatesan little early in the NF trade
[10:01] Shai : Chetan drive is negated as we are below vwap
[10:01] Varun : shai the 9.35/9.40 type sellers
[10:01] Varun : are 8/10 times speed breakers
[10:01] Vikkas C : bharat forge ..what just happened ..
[10:01] Varun : these 2-3 huge sellers t top
[10:02] Varun : another tail gone, kar loh aish @rk @rm
[10:02] Varun : 😉
[10:03] Venkatesan : varun 5mt bar u r taliking
[10:03] Varun : yes
[10:03] Venkatesan : seller figure pl
[10:03] Shai : NF stops taken – (09:48) Shai :Buy NF at 8052 sl of 8025 tgt 8077
[10:03] RK : Varun they want you to be busy 🙂
[10:04] Varun : but seriouslt today was a nice day for excess at bottom, chnce missed
[10:04] Shai : yes
[10:04] Varun : means more downside in chnace
[10:04] Varun : chance
[10:05] Sharad : Varun seems they want to break 8000 once
[10:05] Varun : although personally i would love 7850 with mo at -80
[10:05] Varun : my fav trade
[10:05] Sharad : @RM what is MO today ?
[10:06] Venkatesan : yes u said once with mo -80 one can blinldy pump money
[10:06] Sreedhar : guys what is MO..
[10:06] Venkatesan : varun
[10:06] Shai : Yes we have to see tails at the bottom for this auction to end
[10:06] Venkatesan : tail already formed shai?
[10:06] Shai : Here’s a chart which will show what happened at 8085 last Mon- http://screencast.com/t/us6oBl94
[10:07] Shai : 8485**
[10:07] Shai : we want to see the opp of that at the lows for a trend change
[10:07] Shai : preferably 2 days ina row
[10:09] r m : @Sharad
[10:09] r m : MO is at -47
[10:09] Sharad : ok Thanks…but long way for -65 or -80
[10:09] Venkatesan : sreedhar it s mclean oscillator
[10:10] r m : @Shreedhar, MO description here – http://tinyurl.com/7dg3f37
[10:11] Sreedhar : Oh thanks a lot..
[10:12] r m : welcome
[10:12] Venkatesan : rm you can provide some small box some where in the chart , which will show realtime MO
[10:13] r m : @Venkatesan, there is no way to calculate it realtime unless you are getting a realime feed of nse adv declines
[10:13] Hemant : Shai, what are the target for 8000 PE? 8100 PE on its way to above its yerterday’s resistance on 155
[10:13] Sreedhar : thanks to venkateshan too..
[10:13] Venkatesan : thank u rm
[10:13] r m : but you can download my excel for MO calculation and change the values for the current day from nse to know the current MO
[10:14] Venkatesan : welcome srreedhar
[10:14] Venkatesan : please share the link rm
[10:14] r m : sure
[10:14] Soumya : any place where we can read about MO? @VARUN
[10:14] Varun : google
[10:14] Venkatesan : gooooooooogle soumya
[10:15] Varun : and link by rm
[10:15] r m : http://tinyurl.com/qauc969
[10:15] r m : @Venkatesan, you will have to download this one to edit it
[10:16] Tejpreet : Shai BN staying afloat around VWAP …can go long with sl or wait.
[10:16] Venkatesan : thank u rm,
[10:16] r m : formula is there, so you can make your own small one too 🙂
[10:16] r m : welcome
[10:16] Suyash : what’s up with tech mahindra? All of a sudden 5% knock
[10:16] Venkatesan : ok
[10:17] Dharamveer : where wil the downside probe are be
[10:25] r m : @Shai, please give your view for INDUSINDBK shorts
[10:31] Shai : Sell BNF 17430- 17440 sl of 17490 tgt 17375/ 17316
[10:32] Dharamveer : @ Shai is the 20650 sl 8016
[10:33] Dharamveer : i mean sl trigger
[10:33] Shai : 8000 pe good abv 105 all ay
[10:33] Shai : ttgt 122/ 136
[10:34] Shai : Dharamveer could be- early morning longs under pressure once vwap broke
[10:35] Shai : Tejpreet don’t suggest BNF longs now till we cross abv 17480 ( vah+filter)
[10:36] Shai : downside probe for? – (10:17) Dharamveer :where wil the downside probe are be
[10:36] Chetan : support for NF SHAI??
[10:36] Dharamveer : NF
[10:36] Pawandeep : HSBC says to cut 22,000-25,000 full time equivalent staff
[10:37] Shai : indusind bk weak below 815 on positional chart
[10:38] Shai : intra day add short below 804 for 795/ 792
[10:38] Shai : Chetan 8010
[10:38] r m : Thaks Shai
[10:38] r m : Thanks!
[10:38] Shai : Dharamveer our weekly prob tgt is LVN 0 at 7969
[10:39] Porus : Pawandeep, what is the url for the SBC news?
[10:39] Porus : *HSBC
[10:39] Dharamveer : Thanks Shai
[10:40] Pawandeep : Reuters India @ReutersIndia
[10:46] Pawandeep : @shai nifty open below PDL,test VAL Failed now we r expacting range extainsion on downside
[10:46] Tejpreet : A query on Amibroker is it possible to run quotes from 2 data vendors , one for cash and oyhers Fno.
[10:47] Tejpreet : others
[10:47] Shai : Right Pawndeeep
[10:47] Shai : add a failed drive to the same
[10:47] Porus : Thanks Pawan
[10:49] Shai : 8011
[10:49] Chetan : YES taking support
[10:49] Chetan : it seems
[10:50] r m : @Tejpreet, don’t know about amibroker but NT can be connected to only one data source at a time
[10:50] Shai : but ver weak still below 8030- 8050
[10:50] Sreedhar : exit short?
[10:50] Pawandeep : @ shai we should short nifty @8010?
[10:51] Tejpreet : Thanks rm …even i tried one data vendor at one time….difficult to get cash stocks.
[10:51] Shai : Just missed BNF traigger for 1st- let’s hold
[10:51] Shai : still weak below 17480
[10:51] Shai : Yes short is right below 8010 with orderflow conf
[10:51] Shai : sl will be vwap
[10:53] Venkatesan : nf turn to slightly premium
[10:53] Pawandeep : @ shai what is open type today? as u said ‘failed drive’?
[10:55] Shai : Open auction now
[10:55] Shai : 2 time frames clearly
[10:55] Shai : 1st was buyer drive up and then the dominant seller responds
[10:55] Shai : in both
[10:56] Venkatesan : seller is higher TF shai?
[10:56] Shai : Seller is contrlling the trend
[10:56] Venkatesan : ok
[10:56] Shai : so more dominanat
[10:56] Shai : dominant**
[10:57] Venkatesan : MO -51
[10:58] Chetan : new low NF
[10:59] Pawandeep : @shai buyer r there @ nifty lows
[11:00] Hemant : 7900 PE can touch 92 Shai
[11:00] Hemant : ?
[11:00] Pawandeep : short confirmation ? @8010
[11:01] Shai : 7900 pe 85 res
[11:01] Shai : No conf below 8010 yet
[11:02] Hemant : Got it Shai
[11:03] Pawandeep : @ shai on nifty there r seller in between 8014-8005
[11:04] Shai : yes could be long liquidation
[11:04] Venkatesan : 11:01 Shai : 7900 pe 85 res, it means spot good support at 7815?
[11:05] Chetan : NF 8007 PS3??
[11:06] Hemant : Shai, forgot password for vtrender account, used the reset option but havent received a mail to retrieve password.
[11:07] Shai : Venkatesan I meant current price of the option will face res there
[11:08] Venkatesan : thnk you shai
[11:09] Shai : Hemant can you drop a mail to [email protected] we will send u a new link rightaway
[11:10] Hemant : Thank you Shai, doing in
[11:10] Hemant : it*
[11:19] Shai : BNF testing vwap again
[11:20] Shai : same with NF
[11:20] Shai : auction now sideways for a while
[11:25] Shai : exit the BNF short trade
[11:28] Chetan : IF NF breaks today high can go for positional long???
[11:30] Shai : can
[11:30] Shai : but sl will still be below 7968
[11:31] Shai : positional
[11:31] Chetan : ok
[11:46] Shai : NF more likely to test 8055 again
[11:47] Shai : Possible FA at lows in NF
[12:01] Varun : shai the selling bween 8022 and 8006
[12:01] Ashish : Shai, targets for 17500 PE
[12:01] Varun : , if they get a exit, fall could be sharp ?
[12:06] Shai : Ashish we have an issue with BN option sysmbols at esignal. hence not able to give BN prices
[12:06] Ashish : Ok, shai..no issues
[12:07] Shai : Varun most of those sellers would cover abv vwap
[12:07] Shai : vols were not of OTF
[12:08] Chetan : profile structure nf?? shai
[12:08] Varun : shai hw do we know whether thy were being bought into or a postion ws being made
[12:14] Chetan : Shai as of now poor high & buying tail
[12:14] Chetan : nf
[12:16] Shai : Profile is balancing
[12:16] Shai : 2 time frames visisble and open auction
[12:17] Shai : Varun positions we would know only based on OI
[12:17] Shai : (10:55) Shai :Open auction now.(10:55) Shai :2 time frames clearly
[12:18] Shai : BNF short again at 17470 sl of 17515 tgt 17420/ 17380
[12:18] Chetan : poor high & buying tail
[12:18] Varun : thr is no ph
[12:19] Chetan : ok varun tks
[12:19] John : Shai,since developing VA is below YVA does this mean markets are weak and more downside auction left?
[12:20] Shai : Yes John besides we are not staying abv VAH on intra and not doing a positive range extendion abve IBH
[12:20] Shai : weak till both those factors are seen : VAH and move abv IBH
[12:21] John : Ok Shai,Thanks!
[12:21] Srini A : @Shai, Looking at today’s profile buyers are respnsive. If NF goes below 8k, can we expect good buying tail?
[12:21] Shai : Not looking at a NF short today till 8010 goes
[12:22] Shai : Srini yes I would presume buyers should show up 7970 kind of regions
[12:22] Shai : but we cross the bridge when we get there
[12:22] Srini A : Ok Sure
[12:23] Shai : want to see OrderFlow greens and a sharp reaction from there to confirm
[12:25] Srini A : ok
[12:28] Shai : exit the BNF short trade- we will stay flat here for some time
[12:48] Tejpreet : Shai average volume on 15 min profile to be termed good is around 6 lak?
[13:04] Shai : anyting above 3L in afternon is good
[13:04] Tejpreet : Thanks.
[13:05] Varun : shai hve the bootm sellers cvred or still waiting
[13:05] Varun : silent room
[13:05] Varun : wazz up
[13:05] Varun : bottom ”
[13:06] Shai : NF likely to go neautral here
[13:07] Shai : signs that they have covered are there
[13:07] Shai : FA at lows confirms
[13:07] Chetan : FA??
[13:07] Dharamveer : So Fa likely to visit in the next 5 days
[13:08] Shai : yes more likely in 5
[13:08] Shai : starting now
[13:08] Dharamveer : if it revisits today itself what will happen
[13:09] Shai : can come today also
[13:09] Shai : nothing it’s a ref line that te auction is turning
[13:09] Pawandeep : @shai failed auction means failed range extansion ?
[13:09] Shai : vwap band at 8060 suggests not enough vol for an upmove yet
[13:10] r m : everything under IB )
[13:10] r m : 🙂
[13:10] Vikkas C : just rotating between IBL AND IBH
[13:11] r m : @Varun, that was for your “wazz up” 🙂
[13:14] Varun : atleast i waked up a few in this boring poor highs market with a tail 😉
[13:15] Varun : got ur ib thing too 😉
[13:15] r m : 🙂
[13:15] Sreedhar : were busy reading your tweets..
[13:15] Sreedhar : @varun
[13:16] Varun : 🙂
[13:18] Sreedhar : yaar kitne din thak bechte rahenge .. kuch tho kareed lo.. @nifty buyers..
[13:21] r m : 🙂
[13:26] Shai : BNF deciding to do another inside day today
[13:29] Ashish : USD/INR @ day’s low
[13:34] Vikkas C : shai any views on LT
[13:42] Shai : LT is range bound on weekly
[13:42] Sreedhar : Shai veiws on century tex
[13:43] Shai : break out has to come over 1710 for a move to 1780
[13:43] Shai : from here supp is 1622 postional
[13:43] Sandeep : what is NF doing ?
[13:43] Sandeep : going nowhere
[13:44] Hemant : Pulling in longs apparently @Sandeep. As Shai mentioned, low volumes
[13:44] Tejpreet : Sandee looks like range bound and resting ….very soon we would be saying where is it gone 🙂
[13:45] Tejpreet : Sandeep
[13:45] Shai : century weekly supp at 574-576
[13:45] Sreedhar : thanks shai..
[13:45] Shai : but will do well only when 627 is taken back on daily closingbasis
[13:46] Sandeep : neither can you short nor can you go long here
[13:47] Sandeep : Tejpreet , may be
[13:47] Tejpreet : Shai views on icici looks setteled in hourly charts.
[13:48] Tejpreet : Can we go long in it via 280 call
[13:50] Ashish : https://pbs.twimg.com/media/CHC1Q20UQAAbTXr.jpg
[13:50] Ashish : check it guys
[13:50] r m : 🙂
[13:50] Tejpreet : Good one Ashish
[13:50] Vivek K : the thing in the bulls mouth doesnt look like a cigar 🙂
[13:51] Ashish : lol vivek
[13:51] RK : old bulls are staring in frame..may be the 7800 buyers :)))
[13:51] Sreedhar : : )
[13:51] RK : *old bull
[13:51] r m : lol
[13:51] Vivek K : rk, those are pigs mate
[13:51] Ashish : 🙂
[13:51] Shai : Buyers seem to be getting stronger
[13:52] r m : that one looks like the guy who bought at 6300 in 2008 😀
[13:52] Varun : make it an extreme day shai
[13:52] Varun : this is too tiring
[13:52] Shai : abv IBH day goes neutral and extreme possible
[13:52] RK : Vivek Pigs never get pictured.always bulls and bears take attention 🙂
[13:53] r m : pigs are the one behind the cameras na 🙂
[13:53] RK : stocks too turning from negative to sideways to now mildly bullish..
[13:53] Vivek K : hahaha
[13:54] Shai : icici looks like it wants to turn up
[13:54] Shai : now res at 296
[13:56] Shai : neutral day
[13:56] RK : breakout at 2 has given a low score recently..today it should work
[13:57] RK : Ypoc 8068
[13:57] Tejpreet : Got it…..Thanks.
[13:57] r m : nf read RK’s comments and retreated!
[13:57] RK : RM I meant breakout should be a sucess today 🙂
[13:58] RK : my shorts are turning into longs since morning..so dont want to see sub 8000 atleast for couple of days 🙂
[13:58] r m : probably it read only the first half 🙂
[13:58] RK : yeah possible..having nap na since morning 🙂
[14:03] Tejpreet : Global marketss still in red after brief uptick
[14:03] Tejpreet : Seller back in action
[14:05] Hemant : 13:09 Shai : vwap band at 8060 suggests not enough vol for an upmove yet
[14:11] Tejpreet : looks like no upmove till we hit 7970F
[14:16] Hemant : 🙂
[14:18] RK : it wants to check with KRA what to do after 2.30? 🙂
[14:18] Hemant : 7940 today ? BNF cracking here too, wonder which one is going to be more violent
[14:21] Shai : FA at top also
[14:21] Chetan : fa?
[14:22] Chetan : failed auction?
[14:22] Shai : yes
[14:22] Tejpreet : http://www.reuters.com/article/2015/06/09/us-eurozone-greece-idUSKBN0OO0YV20150609
[14:22] Tejpreet : Greece deal in sight
[14:22] Varun : a normal practice since last week
[14:22] Varun : fa’s at both ends
[14:24] Venkatesan : varun next option is sideways?
[14:24] Shai : lower 1 is in danger of going
[14:25] Dharamveer : what is the volume at 8020
[14:26] Dharamveer : 133800
[14:30] Vikkas C : shai can we short NF with the brk of 8010
[14:35] Varun : has mo fallen more @rm
[14:37] r m : -50
[14:37] Varun : good
[14:37] Varun : still more scope
[14:37] Varun : 😉
[14:39] Shai : Vikkas too late with my response but hope you did not
[14:39] Shai : Not looking at a big trending trade yet here
[14:39] Shai : still a roational profile
[14:39] Vikkas C : nope i did not ..
[14:39] Vikkas C : didnt brk the IBL yet again
[14:39] Hemant : So folks operating the exchanges have access to this room it seems.. Did 8010 and reversed 🙂
[14:39] Shai : BNF still inside
[14:39] Vikkas C : yeah
[14:40] Shai : points to the move being pushed to tom
[14:40] Shai : I thought very early in the session that BNF would be out of here
[14:40] Vikkas C : yeah looks like ..the fal confirmed tomo or whenever seems to be furious this time
[14:41] r m : @Hemant, three potential Kathir trade today, buy at KRA + filter, stop KRA – filter 🙂
[14:41] Sreedhar : : )
[14:42] Hemant : True @RM. @Kathir whats on the inside? 😛
[14:44] r m : Kathir enjoying the cool climate in Ooty instead of living thru this ordeal of a normal day 🙂
[14:44] Hemant : Fullon selling, bhagwan se logon ka vishwas ud raha hai!
[14:44] Hemant : ut*
[14:45] Hemant : Shai, target for 8100 CE short initated at 103 today
[14:45] Hemant : ?
[14:46] Venkatesan : hement , i guess i bot ftom u only
[14:47] r m : lol
[14:47] Sreedhar : ROFL
[14:47] r m : you could have exchanged without a broker, would have saved a bit 🙂
[14:48] Hemant : Sorry Venkatesan if thats true, had no intentions to sell it to a fellow roomie
[14:48] Hemant : 🙂
[14:48] RK : I would be glad to have ulta of Friday price action of last 40 mins.. 🙂
[14:48] r m : @Hemant, in future label your orders “not meant for vtrendites” 🙂
[14:49] r m : @RK, I went back to Friday’s chart to know your current position!
[14:49] Venkatesan : :))
[14:50] Venkatesan : @hement :)):))
[14:50] RK : RM :))..we need to print 8000 then
[14:50] Venkatesan : true rm
[14:50] Tejpreet : Shai view on close today at new lows or closer to vwap.
[14:50] RK : that day 8196 was day high and we made 8200 only to lose 90 points
[14:50] Hemant : @RM lmao
[14:51] r m : @RK, someone is defending 8K since morning, guess (s)he is tireless worker 🙂
[14:52] RK : morning desparetely wanted sub 8000 levels..only in that spike my colour is changed 🙂
[14:52] Venkatesan : rm and pre swing low also 7997 is also seems protected
[14:52] r m : ok
[14:53] Venkatesan : spot
[14:53] r m : maybe 8K PE writers protecting to cover the PE on bounce?
[14:53] Hemant : Waiting for BNF to go below 17400
[14:53] Venkatesan : hmm
[14:55] r m : 8K PE OI has gone up though
[14:55] r m : only 8100 PE OI has come down marginally
[14:55] Kris : @Rm – I am a very suspicious person when looking at the work of tireless workers 🙂
[14:56] r m : Hi Kris, yeah I know 🙂
[14:56] Kris : When the cover is removed – we might find another 200 point pit! 🙂
[14:57] Hemant : Here it comes 🙂
[14:57] r m : @Kris, that will be like a pit dug to catch elephants, you want bull massacre? 🙂
[14:57] Soumya : Here it is
[14:58] Hemant : Dang it!
[14:59] r m : @Hemant, they are working hard man, may be 8K will be broken under the cover of darkness 🙂
[15:00] RK : KRA-10 done..KRA=10 ..lets try to hit the door for 80% 🙂
[15:00] Kris : The red delta at 8000-8020 might change Shai mind for carrying shortsfor tomorrow!
[15:00] RK : *KRA+10
[15:00] Hemant : @RM cant enjoy this cloak and dagger stuff here 🙂
[15:01] r m : lol
[15:02] Kris : hmm.. some one went all the way to vwap – to remove every short SL!
[15:02] r m : @RK, hands slipping from 80% door’s handles 🙂
[15:02] Kris : does not look big volumes – in fact with a red delta we moved up 30 points!
[15:03] Soumya : should we add shorts here at vwap?
[15:03] RK : RM just a close at VWAP is fine..tomorrow is another day 🙂
[15:03] RK : *is also fine
[15:04] r m : 🙂
[15:04] r m : negotiating with VAL on RK’s special request 🙂
[15:04] Shai : 8100 ce 85 was a day supp
[15:05] Shai : Tejpreet seems decided on neutral center close at vwap
[15:05] Hemant : Shai, any BTST here?
[15:06] Shai : No Soumya mkt is non directional now
[15:06] Shai : we will get a big trend day from here tom or day after
[15:06] Shai : stay flat mostly
[15:06] Shai : BNF shoing signs it wants to go higher
[15:07] Shai : NF not committed yet
[15:08] Varun : so finally markets in balance if we stay here tmrw or confirmed today
[15:08] Varun : ?
[15:08] Pawandeep : @ shai still we looking for 7969 flushout move 2marow
[15:09] Varun : @shai
[15:09] r m : @Varun, yeah, but after balance continuation or reversal?
[15:09] Varun : trade the break out frm range
[15:09] r m : yep
[15:09] Varun : winner 9/10 times
[15:10] Varun : if vwap holds get a trend day
[15:10] r m : will have to double the postion size after every fake breakout too, there are attempts to tire out the breakout traders too 🙂
[15:11] Varun : shai taught me a great thing
[15:11] Varun : wap-10 exit
[15:11] Varun : atleast fake breakouts dont hurt then
[15:11] r m : yes
[15:12] r m : RK is bent on having his own way, take it to 8100 man!
[15:12] Hemant : Lol @RM
[15:13] r m : Third Kathir trade also worked to perfection!
[15:13] Hemant : RK sir, allow Indian markets to fall in line with Global markets!
[15:14] Shai : Pawndeep this balance can reset the trade today
[15:14] Shai : best is to be neutral and wait for drive
[15:14] Shai : looking at SBIN and ICICI BNF looking more positive for tom
[15:14] RK : Hemant its Shai’s KRA not allowing it to fall today 🙂
[15:14] Shai : close coming abv vah means downfall arrested in BNF
[15:15] Varun : shai is this excess at bottom in nf ?
[15:15] Sreedhar : before visiting 7986 Shai?
[15:16] Shai : yes samll one
[15:17] Shai : Profile is like last Mon
[15:17] Shai : inverse
[15:17] Shai : if we get a drive from this POC tom we have a short term bottom in place
[15:17] Varun : great
[15:17] Shai : BNF is inside
[15:17] Shai : so more chances of a trending move tom
[15:17] Varun : even better
[15:17] Shai : be ready with fast fingers at the Open tom
[15:18] Hemant : Going up or down Shai?
[15:18] Shai : Hemant BNF up/ NF neutra;
[15:18] Hemant : Sweet lord! No sync here 🙂
[15:19] Tejpreet : Shai any chances of breaking 8000 in nifty ..gap down.
[15:19] Shai : gap looks diff
[15:20] Shai : but chances of going down are there and equal
[15:20] Shai : a neutral center is a reset
[15:20] Venkatesan : shai gap up possible tom
[15:20] Shai : it tells us to be open in bias for the next session
[15:20] Varun : but bnf telling we cld be going up
[15:21] Shai : yes
[15:21] Varun : and u say it tells first
[15:21] Shai : Venkatesan gap looks diff
[15:21] Hemant : MSCI introducing China A shares whats the impact of that?
[15:21] Venkatesan : thank u
[15:21] Tejpreet : Great ….thanks need to read MOM again 🙂
[15:21] Shai : we should get a conf abv 8062 Tom for a trip to 8190F
[15:22] Dharamveer : is it a fa on down or up now
[15:23] Tejpreet : Good but i personally feel too many retail longs in the system a gap down to weed them out take sl and then an upmove abv 8062.
[15:23] Shai : TOm the MSCI news should be up by 5.00 am
[15:24] Shai : most people feel that it can trigger a selloff but I feel it may get passed over for later
[15:24] Varun : 😉
[15:24] Varun : every one wants 7970 on street
[15:24] Sreedhar : nowadays every news is triggering shorts..
[15:25] r m : @Tejpreeet, as far as index futures are concerned both FII and Client were evenly balanced and there was no significant bias
[15:25] Hemant : Ok Shai, read somewhere it might trigger a selloff too.. God knows whats up with Chinese markets
[15:25] Pawandeep : European Markets is bleeding
[15:26] Tejpreet : I think RM today clients could have added long 🙂
[15:26] r m : ok, will know in the evening
[15:27] John : Shai,Whats that volume at 8030?seems same at 8032 in 3:15 candle?
[15:27] Soumya : seems like this will be the perfect doji 0=c
[15:28] Shai : John sellers
[15:28] John : Ok Shai, Thanks!
[15:29] Venkatesan : mo perfect bellshape
[15:29] Venkatesan : MP
[15:30] r m : Yep, Shai has belled both cats 🙂
[15:30] Venkatesan : THANK U shai, rm and friends
[15:30] Shai : yup bell shape
[15:30] Tejpreet : Bye all.
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Venkatesan : hement lets see the fate of 8100call tom
[15:30] Shai : little uneven in BNF but a noraml day there
[15:30] Moses : Bye all
[15:30] Shai : Bye all
[15:30] Suyash : take care people. See you all tomorrow! 🙂
[15:30] Shai : Have a nice day
[15:30] John : Thanks and Bye all 🙂
[15:30] Porus : bye all
[15:30] Sandeep : bye all
[15:30] RK : thanks and bye all..
[15:30] Soumya : bye all
[15:30] Vikkas C : BYE ALL
[15:30] Hemant : See you tomorrow folks for a an entertaining day
[15:31] r m : bring big baskets for carrying money tomorrow 😀
[15:31] Venkatesan : :)))
[15:31] Hemant : RM, tomorrow even baskets be small
[15:32] r m : ok, let us hire dumpers 🙂
[15:32] Sudhakar : Bye All
[15:33] Hemant : Keeping fingers crossed. Got out of PE which I held since yesterday.
[15:33] Hemant : 8000 – emotional level than anything else