General Chat Transcript
Room Name: Vtrender
Date and Time: February 12, 2015 09:08:23[08:48] r m : Good Morning folks!
[08:48] Porus : GM all
[08:50] r m : http://vtrender.com/levels-and-plan-for-12th-feb/
[08:50] r m : http://vtrender.com/premium/orderflow-charts-and-notes-110215/
[08:50] r m : NF Key Ref Area (KRA) 8696 Hypo1 below 8660➜8624➜8570➜8550 SL 8696 Hypo2 above 8696➜8733➜8773 SL 8665 FEB Future levels
[08:51] r m : BNF KRA 19115 Hypo1 above 19115➜19214➜19362 SL 19055 Hypo2 below 19044➜18860➜18735 SL 19115 FEB Future levels
[08:53] r m : Results today – Page Ind, Tata Comm, Bajaj Elec, ONGC, Gujrat Gas, Hindalco, CESC, Sobha, Glenmark, IGL, BoI, BHEL, Cipla
[08:54] r m : Results tomorrow – M&M, SAIL, SBI, Nestle, RCom, Oil India, HPCL, IOCL, MRPL, GSPL, UB
[08:59] Sharad : GM all
[09:00] Rav : GM All
[09:01] Amit J : gm
[09:01] Rav : rm…If Hypho 1 and 2 are same for BNF and BNF that is above or below ,it would be good to remember.. we can keep htpho 1 for above + and hypho 2 for below – for quick recall
[09:02] Rav : NF and BNF
[09:03] r m : @Rav, I think Shai numbers the hypos in order of probability of occurence
[09:03] r m : perhaps we can mention them here as Down Hypo and Up Hypo?
[09:04] Rav : sounds good
[09:04] r m : will do that from tomorrow
[09:05] Shai : GM all
[09:06] r m : BNF profile was balanced yesterday, so 80% trades have a good chance in BNF
[09:09] Sumit : gm everyone
[09:14] RK : GM all
[09:17] Sharad : Shai level 8733 missed by 3 in first trade
[09:17] Shai : higher open than expected by sgx
[09:18] Shai : 8646 now supp in cash
[09:18] Sharad : our market wanted to reach your target Shai
[09:18] Shai : 🙂
[09:18] Varun : very positive normally @shai ?
[09:18] Sharad : Shai INR 62.60
[09:18] Kathir : GM Shai RM and all friends
[09:18] Shai : BNF at vah
[09:18] Sharad : Hi Kathir
[09:19] r m : Hi Kathir
[09:21] Shai : BNF does not have buyers
[09:21] Shai : looks like 80% trade with sl f 19150 for 19025
[09:22] Sharad : and seller at top in both candles
[09:22] Shai : No volume abv 8714 actually
[09:22] r m : yes
[09:23] r m : some technique by NSE to create trade without volumes 🙂
[09:24] Kris : gm all 🙂
[09:25] Kris : 40 point rally on Spot gave only 8 points in the CE 🙁
[09:25] r m : Hi Kris 🙂
[09:25] Rav : Today is cat on wall situtation since 25/2:12.5 mid of expiry
[09:27] Rav : last day is not at all taken into account
[09:28] Sharad : means ravi ?
[09:28] r m : theoretically theta is zero on last day
[09:29] Sharad : RM bouncer… last day means expiry day or yesterday
[09:29] r m : expiry day
[09:30] Sharad : ok
[09:30] Rav : agree
[09:32] Porus : @Rav, NF pcr 8600:2.1 and 8700:0.6. How do we know which way it will go?
[09:33] r m : BNF almost thru with 80%
[09:33] Varun : but now hypo2 active with good rr @rm
[09:33] r m : yes Varun
[09:34] Shai : buyers in BNF
[09:34] Shai : cover the short near vah
[09:34] Shai : should test val again at 19030
[09:35] Varun : but shai if these buyers not able to sustain price, big fall ?
[09:35] Rav : spot 8625 to 8688 based on Nifty but to be correlated Bank Nifty too
[09:35] Shai : Yes varun that is the scenario since vah has no buyers
[09:36] Tejpreet : GM all.
[09:38] Tejpreet : Just came in….traders worst nightmare system crash…luckily restored.
[09:38] Shai : Oh sad
[09:39] Rav : bought wipro at 647 for 656
[09:40] Shai : shorts coming in BNF again
[09:41] Varun : u conclude cos 3100, 8450 in same price in 3 diff candles
[09:41] Varun : @shai ?
[09:42] Shai : yes alos looking at red at top of candle
[09:42] Shai : that guy will have more intent
[09:42] Shai : check first 2 candles in BNF
[09:43] Varun : 4875 and 1750
[09:43] Varun : ?
[09:43] Rahul G : shai tht is the 9:15 and 9:20 candle where thr is seller at the top
[09:43] Varun : seller at top
[09:43] Shai : yes
[09:43] Shai : goes against auction theory whichwould say buyers abv vah so we use 80% trade
[09:43] Sharad : Shai i liked this funda seller at top… gives lot of confidance
[09:43] Varun : ok so a unexpectd big gap shld have had buyers
[09:44] Shai : now we watch for sellers below val
[09:44] Shai : see that 18450 buyer may still be holding up
[09:45] Shai : if he liquidated we go down maybe another 50
[09:45] Shai : 9.30 candle at bottom
[09:45] Rahul G : yup
[09:45] Varun : hmmm
[09:45] Shai : I saw that and mentioned to cover
[09:45] Rahul G : so against tht buyer the delta is at 5750 on the side
[09:46] Varun : gone
[09:46] Rahul G : if tht turns red so the buyer is liquidating
[09:46] Varun : ur hypo2 trgt on way
[09:47] Varun : again buyers
[09:50] Varun : shai as we opened outside value and ib is also big, if we do even an ib2, tody could be a big down day
[09:50] Shai : yes but now we have overhead sellers and the pink is stronger
[09:52] Varun : how do we know the pink is strong or weak ?
[09:56] Sumit : @Rahul where do you see 5750 delta, per 9.45 statement
[09:57] Shai : Pink is stronger below dev value
[09:57] Shai : also vwap and val
[09:57] Shai : in all 3 cases the pink will work better than green in same psition
[09:58] Shai : abv vvwap/ vah and dvah the greem is better
[09:58] Varun : gr8 @shai
[09:58] Shai : test of the seller is now at vwap
[09:58] Shai : abv vwap reverse to buy for 80 % rule
[09:58] Varun : will tht 8200 be a trap in 9.50 candle
[09:58] Rahul G : sharad tht is the 9:30 bar on the left side thr is green at 5700
[09:58] Shai : as the seller will cover
[10:00] Rahul G : @sharad in BN
[10:02] Shai : selers in NF now
[10:02] Rav : PARTLY booked wipro at 654
[10:03] Rahul G : shai the biggest issue I face is reentry to the trade. I had taken this sell from 8688 to 8662. Now I know we have a pink and below vwap would like to know how should I take my next trade
[10:04] Shai : 8660 has shown a buyer – so conservative will be below 8660 only
[10:04] Sumit : thanks Rahul
[10:06] Kathir : @rav excellent wipro rgt achived
[10:06] Kathir : target
[10:06] Rahul G : sorry sumit, I thought it was sharad 🙂
[10:06] Rav : 656 657.90 662
[10:06] Porus : Rav, good trade
[10:07] Sumit : 🙂
[10:07] Sumit : nobody remembers backbenchers
[10:08] Sumit : Shai, buy NF above vwap (green and vwap)?
[10:08] Shai : buy abvv vah better
[10:08] Rav : 656.3 Weekly High 657.90 MonthlyY High and then break out
[10:08] Sumit : ok thanks
[10:08] Shai : nice trade Ravi
[10:09] Rav : wc
[10:09] Rav : BN heavy compnents are in SBU .No trade now
[10:09] r m : Thanks for the Wipro trade Rav 🙂
[10:10] Kathir : yeah rav thanks
[10:11] Rav : it is going to breakout soon
[10:11] Sharad : Sorry Rahul was away so could not reply… Nice trade Ravi
[10:11] Rav : but that is in my hand. if i offload 16 lots,it will break out or wait for..
[10:12] r m : 🙂
[10:12] Rav : 🙂
[10:15] r m : buyer at bottom in NF plus green delta for the bar
[10:15] Rav : 18800 ce and pe SBU… Tug of war
[10:16] Sumit : Shai, now 8654 buyer becomes importat, and more cuts below it?
[10:17] Sumit : *important
[10:18] Shai : yes
[10:19] Sumit : thanks
[10:19] Shai : the first correction after a 200 point run up is generaly buyers buying dips
[10:19] Shai : but when they cover it can lead to bigger falls
[10:20] r m : big OF seen again!
[10:20] Shai : have to see if they come back to buy after 1- 2 candles at same price or reduce
[10:20] r m : still pink
[10:20] Shai : BNF 18860 has imp – if shorts from 18990 thi k tocover
[10:21] Varun : rm u mean 10.15 candle couldnt change pink into green
[10:21] Sumit : he meant larger OF still pink
[10:21] Shai : Looks like BNF will not recover bav vwap today
[10:21] Shai : all rises have to be sld
[10:21] r m : @Varun, I was referring to that big fat line named OF Wave
[10:22] Varun : rm not visible on bnf
[10:23] r m : yes, still outside visible range in BNF
[10:24] Varun : kris ur 10.15-1045 ib rule playing
[10:25] r m : @Varun, NF OF Wave gave a sell signal on 2nd feb at 8850, it is pink since then 🙂
[10:26] Varun : rm it should be visible as a mark somewhere in any 3 charts, cos if ure not logged in its tough to know
[10:27] r m : it is not meant to be traded intra, signal is generated on twitter for swing trades for those who are not online traders
[10:27] Rav : lic is trading near PDH and above VAH
[10:28] Varun : the msg is in which form on twitter
[10:28] Varun : like what does the tweet say
[10:28] Varun : can u share here that the tweet
[10:29] r m : V2OF @V2OF · Feb 2Sell NIFTY @ 8850.000 at 09:15:03
[10:29] Varun : ok, can we get it as a dm, cos now grp dms are allowed
[10:29] Varun : we will get it as an instant msg
[10:30] r m : you can get that on your mobile from twitter
[10:30] Varun : cos if ur not on twitter it will be a miss
[10:31] r m : in fact i disabled the twitter on mobile because V2OF generates too many info messages too 🙂
[10:31] r m : so i was getting a barrage of messages 🙂
[10:33] Shai : 18910 as sl can give 18985 in BNF now
[10:33] Shai : seeig buyers in alst 3 candles at lows
[10:33] Shai : so trip to vwap possible
[10:36] Varun : rm how to interpret that of wave pink at 8640 levels
[10:37] r m : @Varun, it is not of much use here, just shows that Shai’s swing system still on sell
[10:37] Varun : ok gr8
[10:37] r m : but remember that system has long stops
[10:37] Varun : ya but in ur intro, i read tht play pink with red and green with blue for best resluts
[10:38] r m : yes, if both signal are on one side then better momentum should be there, just like green above vwap/vah and pink below vwap/val here
[10:40] r m : however the large OF is for larger time frame and the pink and green is for intraday
[10:40] Varun : cool 🙂
[10:41] r m : here is how to turn on the mobile notification for a twitter handle you follow – http://screencast.com/t/jz0OLVQba
[10:41] Varun : i have done for 2-3, but dont know whats the porblem it doesnt come as a notification, probably some software update
[10:42] Shai : BNF long sl triggered
[10:42] Varun : @shai we do ur hypo2, ib2 today
[10:42] Varun : 🙂
[10:42] Varun : in bnf
[10:42] Shai : NF structure is weaker below 8644 and we can even expect 8550 tom if that breaks
[10:43] Shai : yes hypo2 still in play below vwap
[10:44] r m : @Varun, you have to enable text notifications in settings too and all service providers are not working with twitter
[10:44] Varun : ok, tht mite be an issue
[10:44] Varun : will chk
[10:44] Varun : thnks rm for supoort
[10:44] r m : welcome
[10:44] Varun : support*
[10:48] Kris : Back!
[10:48] Kathir : bond is back 🙂
[10:49] Kris : hmm… IB low broke after 10.15 in NF? Not much possibility of 2IB down side 🙁
[10:50] Kathir : @kris bit confused..IB low we know only after 10.15?
[10:50] Kris : yes – 9.15 to 10.15 high and low are IB high and LOw.
[10:51] Kris : Theory is – once you brake IB – and sustain for 5 minutes are so, the probability of 2IB increases
[10:51] Kris : @Shai – am I right?
[10:51] Kathir : oh ok..but this can happen only after 10.15 right?
[10:52] Kris : My observation is – if the break of IB happens between 10.15-10.45 , vis-a-vis 10.45 to 2.30, the chances of successful IB break to reach 2IB are lesser.
[10:53] Amit J : tatacom lon
[10:53] Kris : yes – it happens only after 10.15 –
[10:53] Amit J : buy tata com short cipla
[10:54] Kathir : @kris ok thanks
[10:54] Rav : Amit..at what rate to buy ,sl ,target,reason
[10:55] Amit J : shai what can be downside if we break 633 on downside
[10:55] Amit J : rav i do event base so dont work on levels except which shai mentions.
[10:56] Rav : only when SBU and LBU happens with PCR ,we buy or sell
[11:00] Kathir : @Rav normally Amits pick works well along with shai’s levels
[11:00] Rav : for ex: SBI in SBU mode and 300CE oi IS 43.5 LACS and 270 PE OI is 12 lac. How it will move. It osciallates between 295-292-288-282 levels for last 4-5 days
[11:00] Rav : got it kathir
[11:02] r m : @Rav, ideal combo is get news based ideas from Amit and levels from Shai, deadly combo 🙂
[11:02] Rav : ok
[11:02] Kathir : yeah true
[11:02] Rav : bought bnf at 18940
[11:04] Kathir : @rav bought bnf ? trgt and SL?
[11:05] Rav : no sl since 18700ce is in LL
[11:06] Kathir : ok
[11:06] Kathir : LL or LBU
[11:06] Rav : and max pain is at 19000.
[11:06] r m : long liquidation Kathir
[11:07] Rav : Longs are liquidating below 18700 so PCR will increase and bn will move up is the logic
[11:07] Kathir : ok ge..max pain @ 19 k means move above 19k possible?
[11:08] Kris : For intra day, BN can be tried longs, with SL near IB low.
[11:08] Rav : yes with pcr of more than 1
[11:08] Kathir : Rav ok thanks
[11:08] Kris : once, we cross vwap, the trade becomes that much more safer I guess.
[11:08] r m : Thanks Rav, Kris
[11:09] Kathir : @kris SL of 18890 shai rekha red line wil be better?
[11:09] Kris : yes Kathir – any time Shai lines are powerful, they are generally drawn with ink from Mauritius 🙂
[11:09] Kathir : 10.15 22850 buyer bnf @ 18890
[11:09] Kathir : lol
[11:10] r m : 😀
[11:11] Kris : Would be quite interesting, if BN tries to do 19242 before SBI results tomorrow! 🙂
[11:13] r m : SBI cash getting sold off from 293-294 http://screencast.com/t/gpfAqgpevZ
[11:26] Rav : SBI shorted from 331.5 Naked POC
[11:26] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/c1e4039d-ec6f-4a42-ae0b-fd0cbcde3d68
[11:27] Varun : single prints revisited, fa out of context
[11:27] Shai : BNF short below 18860 again with sl of 18910 for 18760
[11:28] Shai : that BNF trade from 10.00 went to vwap after taking sl 🙁
[11:28] Shai : NF sell below 8644 will give 8624 with sl of 8657
[11:29] Shai : trend is down in both NF and BNF below vwap and more likely to close session at the lows
[11:35] Shai : 18870 again
[11:35] Shai : see signs of more selling here
[11:36] Shai : NF opens up 8580 and 8550 now below 8624
[11:36] Shai : new shorts below 8624 will have sl above 8658
[11:39] Varun : @shai the huge buyers in bnf below val we got, at what point do they exit
[11:42] Shai : wht time was that?
[11:43] Varun : see this 10950 candle
[11:44] Varun : and i think near iblow developement also
[11:44] Varun : 10.15-10.20 cande also
[11:44] Kathir : @shai please give levels for cipla short here
[11:45] Shai : yes aggressive buying of dips
[11:45] Shai : But I think they exit if 18825 breaks
[11:45] Varun : ek dhaka aur doh-18825 tor doh
[11:45] Varun : 🙂
[11:46] Shai : we are not looking for contra here as that one trip to vwap was sold
[11:46] Shai : so sta with pink
[11:46] Shai : stay*
[11:47] Shai : NF weak below 8644 now- confirmation to come below 8624
[11:50] Kathir : @shai cipla levels?
[11:58] Rav : axis is coming into LBU
[12:01] Shai : cipla 656 res
[12:01] Shai : can move down to 630 again f that holds
[12:02] Shai : but abv 656 expect fierce shortcovering to 690
[12:06] Tejpreet : @ shai any significance of too many zero in buy and sell column like in 1130 candle
[12:06] Tejpreet : 4090080
[12:06] Tejpreet : 40900*0
[12:07] Tejpreet : in nifty
[12:10] r m : price jumped there I think, could not find any buyer till 29700 at 8635
[12:11] r m : such intra gaps are generally revisited and this was done in NF later
[12:11] Tejpreet : ok got it…thanks.
[12:12] r m : welcome
[12:22] Rav : 19500ce SBU and 19000pe LBU
[12:43] Varun : continuataion in fall after low break missing on every low break
[12:43] Varun : in bnf
[12:59] r m : nf sent back from IBL but no seller at top
[13:00] r m : except in 12:30 bar
[13:05] Sharad : Ravi. PCR of 8700 is 0.56 what to understand about this
[13:05] Rav : nf and spot same ?
[13:05] Sharad : spot 8610 , future 8736
[13:06] Sharad : 8636
[13:07] Sharad : can we rally to 8700 or we go to 8600 ? looking at 8700 PCR
[13:07] Rav : 8700ce vol of 6.9 lacs acts as Resistence and 8600 pcr of more than 1.9 acts as support
[13:08] RK : HDFC not yet contributed in the fall..
[13:08] Sharad : ok so which side trade we have to take on this
[13:08] Rav : cat on wall as today is 25/2:12.5 and date 12 and time is 1 pm that is 12.5 days
[13:09] Varun : @rm whts 18880 in bnf profile- blue lne
[13:09] Rav : this day and tomorrow are writers days
[13:10] Sharad : ok
[13:11] Sumit : buyers in NF
[13:11] Sharad : 48150 seller at bottom so price up
[13:13] Rav : 7900-8400ce LL -Profit booking and 8500-9100 SBU call writing
[13:13] Shai : Varun there are certail levels marked on profile charts where we had high volumes
[13:13] Shai : will be in blue as -1 and -2 for negatve volumes
[13:14] Shai : ad +1 +2 for positive etc
[13:14] Shai : from previous profile compos
[13:14] Shai : not intra
[13:14] Rav : 18000 and 18500ce LL and 19000 19500 ce SBU
[13:15] Varun : ok
[13:15] Varun : so can be used as mcvpoc types
[13:16] Sharad : Ravi still can’t make how to identify LL and SBU ?
[13:16] Amit J : poor call on cipla
[13:17] Sharad : can you formula again
[13:17] Rav : Sharad. NF sideway from 10.34 a.m BN in short mode from 9.45 am
[13:17] Rav : in nifty or
[13:17] Sharad : any nf or bnf
[13:18] Sharad : say bnf waht you stated above
[13:18] Rav : excel will say automatically
[13:18] Rav : that is from volume profile chart.will update picture now
[13:19] Sharad : i have just added volume column but don’t know formula of it to identify Ll or SBU
[13:22] Shai : BNF in a pull back high
[13:22] Shai : abv 18920 then shorts think to cover
[13:22] Shai : till then trend day setup is working fine
[13:24] Rav : sharad here we go…http://www.screencast.com/users/Ravicbe/folders/Jing/media/31fe9431-0dae-44e3-8f21-28a62ccfea97
[13:25] Sharad : Thanks ravi
[13:26] Rav : bull ode is above that 8684
[13:26] Rav : mode
[13:27] Rav : in such side mode option writers are active in both and better avoid future as per my observation
[13:28] Sharad : ok just trying to understand
[13:30] Rav : they will write 8700ce and buy 8600pe and cover both when spot is at 8620-8633 and again will buy 8600ce and sell 8700ce while buying nf to moveup 30-40 points only to book profit in 8600ce and 30-40 points in nf.
[13:31] Rav : finally will abandon nifty at PDC level
[13:32] Porus : PDC?
[13:33] Rav : previous day close
[13:33] Porus : ok
[13:34] Rav : u can see PDH PDL etc with WH,MH,WL,ML
[13:34] Sharad : great info Ravi
[13:36] RK : Shai pls shift down BNF chart
[13:37] Rav : Market profile+LR+VWAP bands+bull bear side color+ema+
[13:40] Rav : bnf buying at vwap
[13:42] RK : VWAP+IB low combo..need good volumes to push up
[13:43] Rav : 19000ce buying on
[13:44] Rav : sbi 279.65 to 285.45
[13:48] Shai : abi abv 287 can tgt 300/ 302 quickly
[13:48] Shai : sbi*
[13:48] Rav : cipla LBU added with 145% volume
[13:48] Shai : BNF battle at vwap as morning shorts are now thinking of cover
[14:02] Rav : booked bnf at 19002 and 19000ce too
[14:04] Shai : BNF buy abv 19025 with 18980 sl for 19100
[14:05] Shai : most probably next dip to vwap in bnf will mean short cover
[14:05] Rav : NF LBU
[14:05] Rav : BNF SBU still
[14:10] Sharad : 91575 buyer at top of 14.00 candle Nf
[14:11] Rav : 1.55 2.05 candle big vol
[14:12] Sharad : sell indication Shai with 8383 PR Close
[14:12] Sharad : stop
[14:12] RK : Relcap 447 to 465 in no time
[14:12] Amit J : result
[14:13] Shai : can move to day high
[14:13] Shai : 8730
[14:13] Sharad : ohhh master stroke
[14:13] RK : yes Amit
[14:13] Rav : sharad 8684 bull
[14:14] Sharad : ok Ravi
[14:16] Sharad : lot of hurdles above … last week low, previous day high….
[14:16] Rav : max pain of 19000 is there
[14:18] Rav : bnf LBU
[14:19] Kris : hmm… so it has hit my sl – and moved up by 200 points 🙁
[14:20] Kris : holding one’s own on such days is difficult – the fear of downside trend day made me exit – but was unhappy to do so!
[14:20] Amit J : look at that order 1.66L
[14:21] RK : Amit it staggers us 🙂
[14:21] Sharad : ohhh 1.6 lac again at top
[14:21] r m : 🙂
[14:21] Shai : algo positional
[14:21] Shai : technically day high is 8710
[14:21] Sharad : looks just short covering drive
[14:21] Shai : was kept there
[14:24] Shai : spot abv 8646 on close will force shorts out
[14:25] Sharad : Ravi 8300 put reduced 2.43 lacs is it LL or Short covering
[14:25] Shai : iip today at 5
[14:31] Rav : shai nf delta not moving
[14:36] Rav : 19079:78%
[14:38] Rav : booked at 19079
[14:41] Porus : RAv what is 78%?
[14:41] Rav : fib level.bought 19100ce
[14:44] Rav : bought 8684 nf with 8700ce
[14:48] Shai : BNF a bit more
[14:48] Shai : goiing for neutral extreme
[14:50] Kris : @Rm – I logged out in between, lost messages, can you paste the message about BN doing 19242 today ? 🙂
[14:51] Shai : 🙂
[14:51] Shai : yes I remember
[14:51] Shai : needs to hold vah 19110
[14:51] Kris : and people call me perma bear 🙁
[14:52] RK : no stoppage for reddy Shai 🙂
[14:53] Shai : yes
[14:53] Shai : short covering
[14:53] Rav : nifty delta not mving shai
[14:53] r m : @Kris – (11:11) Kris :Would be quite interesting, if BN tries to do 19242 before SBI results tomorrow! 🙂
[14:54] Shai : Ravi getting balanced
[14:54] Shai : hence flat
[14:55] Kris : Thanks RM! Any way, as admitted earlier, it has hit my sl – and out of long trade quite early
[14:56] Rav : Traded 50 lots bn
[14:56] Rav : highest in one day
[14:56] Kris : But, an entry back into IB was a long trade again – specially becos of 10.15-10.45 IB break – alas office meeting prevented 🙁
[14:56] Kris : @Rav – great going !
[14:56] Rav : 1.3 L
[14:57] Shai : 🙂 congrats
[14:57] Rav : Thanks.No SL
[14:57] Tejpreet : congrats Rav.Without SL …Wow.
[14:57] Sharad : Yes Ravi superb..
[14:58] Sharad : yes ravi wrote no SL
[14:58] RK : Rav 50 lots with no stop..phew..great and congrats 🙂
[14:58] Rav : Max pain shifted to 19100
[14:58] Sumit : wow… good going Ravi
[14:58] Rav : porus was asking for this 19100 19200
[15:04] Rav : 8700-8200ce buying on
[15:05] Kris : @Rm – 8800CE did pay today 🙂
[15:06] Shai : neutral extreme in both nw
[15:06] Shai : close coming at the highs
[15:06] Shai : trend day reversed- toay’s low is imp for short term
[15:06] RK : awesome turn around
[15:06] Shai : 8823 F coming tom close
[15:07] RK : 19216 🙂
[15:07] Sumit : NF turned green at 8646… didn’t turn pink since
[15:08] Shai : sbin still not moving with BNF
[15:08] Shai : and NF
[15:08] Rav : booked at 19230
[15:08] Rav : last lots
[15:09] r m : @Kris, yes!
[15:09] Shai : axis looks good for 590 tom
[15:09] Rav : 19309 T is being shown
[15:09] Sumit : 19242 done 🙂
[15:09] Sharad : 19242 Shai done
[15:09] Kris : @Shai – 19244 so far – so I guess we reached there 🙂
[15:10] Shai : moved up to 19365
[15:11] Shai : possibility of 19667 by tues if we auction abv 19110 all tom
[15:11] Kris : well friends, you have been alerted in Nifty 250 points earlier by one statistical indicator called Desi MO 🙂
[15:12] r m : Desi stuff too potent like Desi Daru 🙂
[15:12] RK : 19360 today
[15:13] Shai : neutral extreme- close has to be at top
[15:14] Shai : too much ahead of IIP actually
[15:14] Shai : can come screming down at open
[15:14] Shai : screaming*
[15:15] Kris : @Shai – is it a reasonable bet to take some PE home?
[15:16] Shai : can take
[15:17] Shai : have to visist low once I feel around 19150 and 8720
[15:18] Rav : SC is not happening much in Nifty ce
[15:19] Kris : @Rm – closed all 8800CE between 85-90
[15:19] Kris : not bad I suppose!
[15:19] Rav : 8700ce best from 93 to 140
[15:20] r m : wonderful Kris!
[15:20] Shai : best of IIP seems to be in price now
[15:20] Kris : 8600PE at 49 taken!
[15:20] Shai : and if it goes the other side then?
[15:21] Shai : was 3.8 in Nov and – 4.2 in oct
[15:21] Kris : @Shai – tomorrow SBI might set the tone.
[15:21] Shai : with that kind of range set I wonder what the market will be happy with 🙂
[15:22] Shai : yes sbi midafternoon
[15:28] Shai : neutral extreme needs a follow up tomorrrow at open abv current day high
[15:28] Shai : else 8726 is the objective in the IB tom
[15:28] Shai : 19160 in BNF
[15:30] Shai : 8770
[15:30] Shai : 19285
[15:30] Shai : Bye all
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : Have a nice evening
[15:30] Porus : bye
[15:30] Rav : bye
[15:31] Tejpreet : Bye All
[15:31] Sumit : good bye everyone
[15:31] Kris : bye all
Date and Time: February 12, 2015 09:08:23[08:48] r m : Good Morning folks!
[08:48] Porus : GM all
[08:50] r m : http://vtrender.com/levels-and-plan-for-12th-feb/
[08:50] r m : http://vtrender.com/premium/orderflow-charts-and-notes-110215/
[08:50] r m : NF Key Ref Area (KRA) 8696 Hypo1 below 8660➜8624➜8570➜8550 SL 8696 Hypo2 above 8696➜8733➜8773 SL 8665 FEB Future levels
[08:51] r m : BNF KRA 19115 Hypo1 above 19115➜19214➜19362 SL 19055 Hypo2 below 19044➜18860➜18735 SL 19115 FEB Future levels
[08:53] r m : Results today – Page Ind, Tata Comm, Bajaj Elec, ONGC, Gujrat Gas, Hindalco, CESC, Sobha, Glenmark, IGL, BoI, BHEL, Cipla
[08:54] r m : Results tomorrow – M&M, SAIL, SBI, Nestle, RCom, Oil India, HPCL, IOCL, MRPL, GSPL, UB
[08:59] Sharad : GM all
[09:00] Rav : GM All
[09:01] Amit J : gm
[09:01] Rav : rm…If Hypho 1 and 2 are same for BNF and BNF that is above or below ,it would be good to remember.. we can keep htpho 1 for above + and hypho 2 for below – for quick recall
[09:02] Rav : NF and BNF
[09:03] r m : @Rav, I think Shai numbers the hypos in order of probability of occurence
[09:03] r m : perhaps we can mention them here as Down Hypo and Up Hypo?
[09:04] Rav : sounds good
[09:04] r m : will do that from tomorrow
[09:05] Shai : GM all
[09:06] r m : BNF profile was balanced yesterday, so 80% trades have a good chance in BNF
[09:09] Sumit : gm everyone
[09:14] RK : GM all
[09:17] Sharad : Shai level 8733 missed by 3 in first trade
[09:17] Shai : higher open than expected by sgx
[09:18] Shai : 8646 now supp in cash
[09:18] Sharad : our market wanted to reach your target Shai
[09:18] Shai : 🙂
[09:18] Varun : very positive normally @shai ?
[09:18] Sharad : Shai INR 62.60
[09:18] Kathir : GM Shai RM and all friends
[09:18] Shai : BNF at vah
[09:18] Sharad : Hi Kathir
[09:19] r m : Hi Kathir
[09:21] Shai : BNF does not have buyers
[09:21] Shai : looks like 80% trade with sl f 19150 for 19025
[09:22] Sharad : and seller at top in both candles
[09:22] Shai : No volume abv 8714 actually
[09:22] r m : yes
[09:23] r m : some technique by NSE to create trade without volumes 🙂
[09:24] Kris : gm all 🙂
[09:25] Kris : 40 point rally on Spot gave only 8 points in the CE 🙁
[09:25] r m : Hi Kris 🙂
[09:25] Rav : Today is cat on wall situtation since 25/2:12.5 mid of expiry
[09:27] Rav : last day is not at all taken into account
[09:28] Sharad : means ravi ?
[09:28] r m : theoretically theta is zero on last day
[09:29] Sharad : RM bouncer… last day means expiry day or yesterday
[09:29] r m : expiry day
[09:30] Sharad : ok
[09:30] Rav : agree
[09:32] Porus : @Rav, NF pcr 8600:2.1 and 8700:0.6. How do we know which way it will go?
[09:33] r m : BNF almost thru with 80%
[09:33] Varun : but now hypo2 active with good rr @rm
[09:33] r m : yes Varun
[09:34] Shai : buyers in BNF
[09:34] Shai : cover the short near vah
[09:34] Shai : should test val again at 19030
[09:35] Varun : but shai if these buyers not able to sustain price, big fall ?
[09:35] Rav : spot 8625 to 8688 based on Nifty but to be correlated Bank Nifty too
[09:35] Shai : Yes varun that is the scenario since vah has no buyers
[09:36] Tejpreet : GM all.
[09:38] Tejpreet : Just came in….traders worst nightmare system crash…luckily restored.
[09:38] Shai : Oh sad
[09:39] Rav : bought wipro at 647 for 656
[09:40] Shai : shorts coming in BNF again
[09:41] Varun : u conclude cos 3100, 8450 in same price in 3 diff candles
[09:41] Varun : @shai ?
[09:42] Shai : yes alos looking at red at top of candle
[09:42] Shai : that guy will have more intent
[09:42] Shai : check first 2 candles in BNF
[09:43] Varun : 4875 and 1750
[09:43] Varun : ?
[09:43] Rahul G : shai tht is the 9:15 and 9:20 candle where thr is seller at the top
[09:43] Varun : seller at top
[09:43] Shai : yes
[09:43] Shai : goes against auction theory whichwould say buyers abv vah so we use 80% trade
[09:43] Sharad : Shai i liked this funda seller at top… gives lot of confidance
[09:43] Varun : ok so a unexpectd big gap shld have had buyers
[09:44] Shai : now we watch for sellers below val
[09:44] Shai : see that 18450 buyer may still be holding up
[09:45] Shai : if he liquidated we go down maybe another 50
[09:45] Shai : 9.30 candle at bottom
[09:45] Rahul G : yup
[09:45] Varun : hmmm
[09:45] Shai : I saw that and mentioned to cover
[09:45] Rahul G : so against tht buyer the delta is at 5750 on the side
[09:46] Varun : gone
[09:46] Rahul G : if tht turns red so the buyer is liquidating
[09:46] Varun : ur hypo2 trgt on way
[09:47] Varun : again buyers
[09:50] Varun : shai as we opened outside value and ib is also big, if we do even an ib2, tody could be a big down day
[09:50] Shai : yes but now we have overhead sellers and the pink is stronger
[09:52] Varun : how do we know the pink is strong or weak ?
[09:56] Sumit : @Rahul where do you see 5750 delta, per 9.45 statement
[09:57] Shai : Pink is stronger below dev value
[09:57] Shai : also vwap and val
[09:57] Shai : in all 3 cases the pink will work better than green in same psition
[09:58] Shai : abv vvwap/ vah and dvah the greem is better
[09:58] Varun : gr8 @shai
[09:58] Shai : test of the seller is now at vwap
[09:58] Shai : abv vwap reverse to buy for 80 % rule
[09:58] Varun : will tht 8200 be a trap in 9.50 candle
[09:58] Rahul G : sharad tht is the 9:30 bar on the left side thr is green at 5700
[09:58] Shai : as the seller will cover
[10:00] Rahul G : @sharad in BN
[10:02] Shai : selers in NF now
[10:02] Rav : PARTLY booked wipro at 654
[10:03] Rahul G : shai the biggest issue I face is reentry to the trade. I had taken this sell from 8688 to 8662. Now I know we have a pink and below vwap would like to know how should I take my next trade
[10:04] Shai : 8660 has shown a buyer – so conservative will be below 8660 only
[10:04] Sumit : thanks Rahul
[10:06] Kathir : @rav excellent wipro rgt achived
[10:06] Kathir : target
[10:06] Rahul G : sorry sumit, I thought it was sharad 🙂
[10:06] Rav : 656 657.90 662
[10:06] Porus : Rav, good trade
[10:07] Sumit : 🙂
[10:07] Sumit : nobody remembers backbenchers
[10:08] Sumit : Shai, buy NF above vwap (green and vwap)?
[10:08] Shai : buy abvv vah better
[10:08] Rav : 656.3 Weekly High 657.90 MonthlyY High and then break out
[10:08] Sumit : ok thanks
[10:08] Shai : nice trade Ravi
[10:09] Rav : wc
[10:09] Rav : BN heavy compnents are in SBU .No trade now
[10:09] r m : Thanks for the Wipro trade Rav 🙂
[10:10] Kathir : yeah rav thanks
[10:11] Rav : it is going to breakout soon
[10:11] Sharad : Sorry Rahul was away so could not reply… Nice trade Ravi
[10:11] Rav : but that is in my hand. if i offload 16 lots,it will break out or wait for..
[10:12] r m : 🙂
[10:12] Rav : 🙂
[10:15] r m : buyer at bottom in NF plus green delta for the bar
[10:15] Rav : 18800 ce and pe SBU… Tug of war
[10:16] Sumit : Shai, now 8654 buyer becomes importat, and more cuts below it?
[10:17] Sumit : *important
[10:18] Shai : yes
[10:19] Sumit : thanks
[10:19] Shai : the first correction after a 200 point run up is generaly buyers buying dips
[10:19] Shai : but when they cover it can lead to bigger falls
[10:20] r m : big OF seen again!
[10:20] Shai : have to see if they come back to buy after 1- 2 candles at same price or reduce
[10:20] r m : still pink
[10:20] Shai : BNF 18860 has imp – if shorts from 18990 thi k tocover
[10:21] Varun : rm u mean 10.15 candle couldnt change pink into green
[10:21] Sumit : he meant larger OF still pink
[10:21] Shai : Looks like BNF will not recover bav vwap today
[10:21] Shai : all rises have to be sld
[10:21] r m : @Varun, I was referring to that big fat line named OF Wave
[10:22] Varun : rm not visible on bnf
[10:23] r m : yes, still outside visible range in BNF
[10:24] Varun : kris ur 10.15-1045 ib rule playing
[10:25] r m : @Varun, NF OF Wave gave a sell signal on 2nd feb at 8850, it is pink since then 🙂
[10:26] Varun : rm it should be visible as a mark somewhere in any 3 charts, cos if ure not logged in its tough to know
[10:27] r m : it is not meant to be traded intra, signal is generated on twitter for swing trades for those who are not online traders
[10:27] Rav : lic is trading near PDH and above VAH
[10:28] Varun : the msg is in which form on twitter
[10:28] Varun : like what does the tweet say
[10:28] Varun : can u share here that the tweet
[10:29] r m : V2OF @V2OF · Feb 2Sell NIFTY @ 8850.000 at 09:15:03
[10:29] Varun : ok, can we get it as a dm, cos now grp dms are allowed
[10:29] Varun : we will get it as an instant msg
[10:30] r m : you can get that on your mobile from twitter
[10:30] Varun : cos if ur not on twitter it will be a miss
[10:31] r m : in fact i disabled the twitter on mobile because V2OF generates too many info messages too 🙂
[10:31] r m : so i was getting a barrage of messages 🙂
[10:33] Shai : 18910 as sl can give 18985 in BNF now
[10:33] Shai : seeig buyers in alst 3 candles at lows
[10:33] Shai : so trip to vwap possible
[10:36] Varun : rm how to interpret that of wave pink at 8640 levels
[10:37] r m : @Varun, it is not of much use here, just shows that Shai’s swing system still on sell
[10:37] Varun : ok gr8
[10:37] r m : but remember that system has long stops
[10:37] Varun : ya but in ur intro, i read tht play pink with red and green with blue for best resluts
[10:38] r m : yes, if both signal are on one side then better momentum should be there, just like green above vwap/vah and pink below vwap/val here
[10:40] r m : however the large OF is for larger time frame and the pink and green is for intraday
[10:40] Varun : cool 🙂
[10:41] r m : here is how to turn on the mobile notification for a twitter handle you follow – http://screencast.com/t/jz0OLVQba
[10:41] Varun : i have done for 2-3, but dont know whats the porblem it doesnt come as a notification, probably some software update
[10:42] Shai : BNF long sl triggered
[10:42] Varun : @shai we do ur hypo2, ib2 today
[10:42] Varun : 🙂
[10:42] Varun : in bnf
[10:42] Shai : NF structure is weaker below 8644 and we can even expect 8550 tom if that breaks
[10:43] Shai : yes hypo2 still in play below vwap
[10:44] r m : @Varun, you have to enable text notifications in settings too and all service providers are not working with twitter
[10:44] Varun : ok, tht mite be an issue
[10:44] Varun : will chk
[10:44] Varun : thnks rm for supoort
[10:44] r m : welcome
[10:44] Varun : support*
[10:48] Kris : Back!
[10:48] Kathir : bond is back 🙂
[10:49] Kris : hmm… IB low broke after 10.15 in NF? Not much possibility of 2IB down side 🙁
[10:50] Kathir : @kris bit confused..IB low we know only after 10.15?
[10:50] Kris : yes – 9.15 to 10.15 high and low are IB high and LOw.
[10:51] Kris : Theory is – once you brake IB – and sustain for 5 minutes are so, the probability of 2IB increases
[10:51] Kris : @Shai – am I right?
[10:51] Kathir : oh ok..but this can happen only after 10.15 right?
[10:52] Kris : My observation is – if the break of IB happens between 10.15-10.45 , vis-a-vis 10.45 to 2.30, the chances of successful IB break to reach 2IB are lesser.
[10:53] Amit J : tatacom lon
[10:53] Kris : yes – it happens only after 10.15 –
[10:53] Amit J : buy tata com short cipla
[10:54] Kathir : @kris ok thanks
[10:54] Rav : Amit..at what rate to buy ,sl ,target,reason
[10:55] Amit J : shai what can be downside if we break 633 on downside
[10:55] Amit J : rav i do event base so dont work on levels except which shai mentions.
[10:56] Rav : only when SBU and LBU happens with PCR ,we buy or sell
[11:00] Kathir : @Rav normally Amits pick works well along with shai’s levels
[11:00] Rav : for ex: SBI in SBU mode and 300CE oi IS 43.5 LACS and 270 PE OI is 12 lac. How it will move. It osciallates between 295-292-288-282 levels for last 4-5 days
[11:00] Rav : got it kathir
[11:02] r m : @Rav, ideal combo is get news based ideas from Amit and levels from Shai, deadly combo 🙂
[11:02] Rav : ok
[11:02] Kathir : yeah true
[11:02] Rav : bought bnf at 18940
[11:04] Kathir : @rav bought bnf ? trgt and SL?
[11:05] Rav : no sl since 18700ce is in LL
[11:06] Kathir : ok
[11:06] Kathir : LL or LBU
[11:06] Rav : and max pain is at 19000.
[11:06] r m : long liquidation Kathir
[11:07] Rav : Longs are liquidating below 18700 so PCR will increase and bn will move up is the logic
[11:07] Kathir : ok ge..max pain @ 19 k means move above 19k possible?
[11:08] Kris : For intra day, BN can be tried longs, with SL near IB low.
[11:08] Rav : yes with pcr of more than 1
[11:08] Kathir : Rav ok thanks
[11:08] Kris : once, we cross vwap, the trade becomes that much more safer I guess.
[11:08] r m : Thanks Rav, Kris
[11:09] Kathir : @kris SL of 18890 shai rekha red line wil be better?
[11:09] Kris : yes Kathir – any time Shai lines are powerful, they are generally drawn with ink from Mauritius 🙂
[11:09] Kathir : 10.15 22850 buyer bnf @ 18890
[11:09] Kathir : lol
[11:10] r m : 😀
[11:11] Kris : Would be quite interesting, if BN tries to do 19242 before SBI results tomorrow! 🙂
[11:13] r m : SBI cash getting sold off from 293-294 http://screencast.com/t/gpfAqgpevZ
[11:26] Rav : SBI shorted from 331.5 Naked POC
[11:26] Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/c1e4039d-ec6f-4a42-ae0b-fd0cbcde3d68
[11:27] Varun : single prints revisited, fa out of context
[11:27] Shai : BNF short below 18860 again with sl of 18910 for 18760
[11:28] Shai : that BNF trade from 10.00 went to vwap after taking sl 🙁
[11:28] Shai : NF sell below 8644 will give 8624 with sl of 8657
[11:29] Shai : trend is down in both NF and BNF below vwap and more likely to close session at the lows
[11:35] Shai : 18870 again
[11:35] Shai : see signs of more selling here
[11:36] Shai : NF opens up 8580 and 8550 now below 8624
[11:36] Shai : new shorts below 8624 will have sl above 8658
[11:39] Varun : @shai the huge buyers in bnf below val we got, at what point do they exit
[11:42] Shai : wht time was that?
[11:43] Varun : see this 10950 candle
[11:44] Varun : and i think near iblow developement also
[11:44] Varun : 10.15-10.20 cande also
[11:44] Kathir : @shai please give levels for cipla short here
[11:45] Shai : yes aggressive buying of dips
[11:45] Shai : But I think they exit if 18825 breaks
[11:45] Varun : ek dhaka aur doh-18825 tor doh
[11:45] Varun : 🙂
[11:46] Shai : we are not looking for contra here as that one trip to vwap was sold
[11:46] Shai : so sta with pink
[11:46] Shai : stay*
[11:47] Shai : NF weak below 8644 now- confirmation to come below 8624
[11:50] Kathir : @shai cipla levels?
[11:58] Rav : axis is coming into LBU
[12:01] Shai : cipla 656 res
[12:01] Shai : can move down to 630 again f that holds
[12:02] Shai : but abv 656 expect fierce shortcovering to 690
[12:06] Tejpreet : @ shai any significance of too many zero in buy and sell column like in 1130 candle
[12:06] Tejpreet : 4090080
[12:06] Tejpreet : 40900*0
[12:07] Tejpreet : in nifty
[12:10] r m : price jumped there I think, could not find any buyer till 29700 at 8635
[12:11] r m : such intra gaps are generally revisited and this was done in NF later
[12:11] Tejpreet : ok got it…thanks.
[12:12] r m : welcome
[12:22] Rav : 19500ce SBU and 19000pe LBU
[12:43] Varun : continuataion in fall after low break missing on every low break
[12:43] Varun : in bnf
[12:59] r m : nf sent back from IBL but no seller at top
[13:00] r m : except in 12:30 bar
[13:05] Sharad : Ravi. PCR of 8700 is 0.56 what to understand about this
[13:05] Rav : nf and spot same ?
[13:05] Sharad : spot 8610 , future 8736
[13:06] Sharad : 8636
[13:07] Sharad : can we rally to 8700 or we go to 8600 ? looking at 8700 PCR
[13:07] Rav : 8700ce vol of 6.9 lacs acts as Resistence and 8600 pcr of more than 1.9 acts as support
[13:08] RK : HDFC not yet contributed in the fall..
[13:08] Sharad : ok so which side trade we have to take on this
[13:08] Rav : cat on wall as today is 25/2:12.5 and date 12 and time is 1 pm that is 12.5 days
[13:09] Varun : @rm whts 18880 in bnf profile- blue lne
[13:09] Rav : this day and tomorrow are writers days
[13:10] Sharad : ok
[13:11] Sumit : buyers in NF
[13:11] Sharad : 48150 seller at bottom so price up
[13:13] Rav : 7900-8400ce LL -Profit booking and 8500-9100 SBU call writing
[13:13] Shai : Varun there are certail levels marked on profile charts where we had high volumes
[13:13] Shai : will be in blue as -1 and -2 for negatve volumes
[13:14] Shai : ad +1 +2 for positive etc
[13:14] Shai : from previous profile compos
[13:14] Shai : not intra
[13:14] Rav : 18000 and 18500ce LL and 19000 19500 ce SBU
[13:15] Varun : ok
[13:15] Varun : so can be used as mcvpoc types
[13:16] Sharad : Ravi still can’t make how to identify LL and SBU ?
[13:16] Amit J : poor call on cipla
[13:17] Sharad : can you formula again
[13:17] Rav : Sharad. NF sideway from 10.34 a.m BN in short mode from 9.45 am
[13:17] Rav : in nifty or
[13:17] Sharad : any nf or bnf
[13:18] Sharad : say bnf waht you stated above
[13:18] Rav : excel will say automatically
[13:18] Rav : that is from volume profile chart.will update picture now
[13:19] Sharad : i have just added volume column but don’t know formula of it to identify Ll or SBU
[13:22] Shai : BNF in a pull back high
[13:22] Shai : abv 18920 then shorts think to cover
[13:22] Shai : till then trend day setup is working fine
[13:24] Rav : sharad here we go…http://www.screencast.com/users/Ravicbe/folders/Jing/media/31fe9431-0dae-44e3-8f21-28a62ccfea97
[13:25] Sharad : Thanks ravi
[13:26] Rav : bull ode is above that 8684
[13:26] Rav : mode
[13:27] Rav : in such side mode option writers are active in both and better avoid future as per my observation
[13:28] Sharad : ok just trying to understand
[13:30] Rav : they will write 8700ce and buy 8600pe and cover both when spot is at 8620-8633 and again will buy 8600ce and sell 8700ce while buying nf to moveup 30-40 points only to book profit in 8600ce and 30-40 points in nf.
[13:31] Rav : finally will abandon nifty at PDC level
[13:32] Porus : PDC?
[13:33] Rav : previous day close
[13:33] Porus : ok
[13:34] Rav : u can see PDH PDL etc with WH,MH,WL,ML
[13:34] Sharad : great info Ravi
[13:36] RK : Shai pls shift down BNF chart
[13:37] Rav : Market profile+LR+VWAP bands+bull bear side color+ema+
[13:40] Rav : bnf buying at vwap
[13:42] RK : VWAP+IB low combo..need good volumes to push up
[13:43] Rav : 19000ce buying on
[13:44] Rav : sbi 279.65 to 285.45
[13:48] Shai : abi abv 287 can tgt 300/ 302 quickly
[13:48] Shai : sbi*
[13:48] Rav : cipla LBU added with 145% volume
[13:48] Shai : BNF battle at vwap as morning shorts are now thinking of cover
[14:02] Rav : booked bnf at 19002 and 19000ce too
[14:04] Shai : BNF buy abv 19025 with 18980 sl for 19100
[14:05] Shai : most probably next dip to vwap in bnf will mean short cover
[14:05] Rav : NF LBU
[14:05] Rav : BNF SBU still
[14:10] Sharad : 91575 buyer at top of 14.00 candle Nf
[14:11] Rav : 1.55 2.05 candle big vol
[14:12] Sharad : sell indication Shai with 8383 PR Close
[14:12] Sharad : stop
[14:12] RK : Relcap 447 to 465 in no time
[14:12] Amit J : result
[14:13] Shai : can move to day high
[14:13] Shai : 8730
[14:13] Sharad : ohhh master stroke
[14:13] RK : yes Amit
[14:13] Rav : sharad 8684 bull
[14:14] Sharad : ok Ravi
[14:16] Sharad : lot of hurdles above … last week low, previous day high….
[14:16] Rav : max pain of 19000 is there
[14:18] Rav : bnf LBU
[14:19] Kris : hmm… so it has hit my sl – and moved up by 200 points 🙁
[14:20] Kris : holding one’s own on such days is difficult – the fear of downside trend day made me exit – but was unhappy to do so!
[14:20] Amit J : look at that order 1.66L
[14:21] RK : Amit it staggers us 🙂
[14:21] Sharad : ohhh 1.6 lac again at top
[14:21] r m : 🙂
[14:21] Shai : algo positional
[14:21] Shai : technically day high is 8710
[14:21] Sharad : looks just short covering drive
[14:21] Shai : was kept there
[14:24] Shai : spot abv 8646 on close will force shorts out
[14:25] Sharad : Ravi 8300 put reduced 2.43 lacs is it LL or Short covering
[14:25] Shai : iip today at 5
[14:31] Rav : shai nf delta not moving
[14:36] Rav : 19079:78%
[14:38] Rav : booked at 19079
[14:41] Porus : RAv what is 78%?
[14:41] Rav : fib level.bought 19100ce
[14:44] Rav : bought 8684 nf with 8700ce
[14:48] Shai : BNF a bit more
[14:48] Shai : goiing for neutral extreme
[14:50] Kris : @Rm – I logged out in between, lost messages, can you paste the message about BN doing 19242 today ? 🙂
[14:51] Shai : 🙂
[14:51] Shai : yes I remember
[14:51] Shai : needs to hold vah 19110
[14:51] Kris : and people call me perma bear 🙁
[14:52] RK : no stoppage for reddy Shai 🙂
[14:53] Shai : yes
[14:53] Shai : short covering
[14:53] Rav : nifty delta not mving shai
[14:53] r m : @Kris – (11:11) Kris :Would be quite interesting, if BN tries to do 19242 before SBI results tomorrow! 🙂
[14:54] Shai : Ravi getting balanced
[14:54] Shai : hence flat
[14:55] Kris : Thanks RM! Any way, as admitted earlier, it has hit my sl – and out of long trade quite early
[14:56] Rav : Traded 50 lots bn
[14:56] Rav : highest in one day
[14:56] Kris : But, an entry back into IB was a long trade again – specially becos of 10.15-10.45 IB break – alas office meeting prevented 🙁
[14:56] Kris : @Rav – great going !
[14:56] Rav : 1.3 L
[14:57] Shai : 🙂 congrats
[14:57] Rav : Thanks.No SL
[14:57] Tejpreet : congrats Rav.Without SL …Wow.
[14:57] Sharad : Yes Ravi superb..
[14:58] Sharad : yes ravi wrote no SL
[14:58] RK : Rav 50 lots with no stop..phew..great and congrats 🙂
[14:58] Rav : Max pain shifted to 19100
[14:58] Sumit : wow… good going Ravi
[14:58] Rav : porus was asking for this 19100 19200
[15:04] Rav : 8700-8200ce buying on
[15:05] Kris : @Rm – 8800CE did pay today 🙂
[15:06] Shai : neutral extreme in both nw
[15:06] Shai : close coming at the highs
[15:06] Shai : trend day reversed- toay’s low is imp for short term
[15:06] RK : awesome turn around
[15:06] Shai : 8823 F coming tom close
[15:07] RK : 19216 🙂
[15:07] Sumit : NF turned green at 8646… didn’t turn pink since
[15:08] Shai : sbin still not moving with BNF
[15:08] Shai : and NF
[15:08] Rav : booked at 19230
[15:08] Rav : last lots
[15:09] r m : @Kris, yes!
[15:09] Shai : axis looks good for 590 tom
[15:09] Rav : 19309 T is being shown
[15:09] Sumit : 19242 done 🙂
[15:09] Sharad : 19242 Shai done
[15:09] Kris : @Shai – 19244 so far – so I guess we reached there 🙂
[15:10] Shai : moved up to 19365
[15:11] Shai : possibility of 19667 by tues if we auction abv 19110 all tom
[15:11] Kris : well friends, you have been alerted in Nifty 250 points earlier by one statistical indicator called Desi MO 🙂
[15:12] r m : Desi stuff too potent like Desi Daru 🙂
[15:12] RK : 19360 today
[15:13] Shai : neutral extreme- close has to be at top
[15:14] Shai : too much ahead of IIP actually
[15:14] Shai : can come screming down at open
[15:14] Shai : screaming*
[15:15] Kris : @Shai – is it a reasonable bet to take some PE home?
[15:16] Shai : can take
[15:17] Shai : have to visist low once I feel around 19150 and 8720
[15:18] Rav : SC is not happening much in Nifty ce
[15:19] Kris : @Rm – closed all 8800CE between 85-90
[15:19] Kris : not bad I suppose!
[15:19] Rav : 8700ce best from 93 to 140
[15:20] r m : wonderful Kris!
[15:20] Shai : best of IIP seems to be in price now
[15:20] Kris : 8600PE at 49 taken!
[15:20] Shai : and if it goes the other side then?
[15:21] Shai : was 3.8 in Nov and – 4.2 in oct
[15:21] Kris : @Shai – tomorrow SBI might set the tone.
[15:21] Shai : with that kind of range set I wonder what the market will be happy with 🙂
[15:22] Shai : yes sbi midafternoon
[15:28] Shai : neutral extreme needs a follow up tomorrrow at open abv current day high
[15:28] Shai : else 8726 is the objective in the IB tom
[15:28] Shai : 19160 in BNF
[15:30] Shai : 8770
[15:30] Shai : 19285
[15:30] Shai : Bye all
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : Have a nice evening
[15:30] Porus : bye
[15:30] Rav : bye
[15:31] Tejpreet : Bye All
[15:31] Sumit : good bye everyone
[15:31] Kris : bye all