General Chat Transcript
Date and Time: June 12, 2015 09:19:49
[08:50] r m : Good Morning folks!
[08:50] r m : http://vtrender.com/levels-and-plan-for-12th-june/
[08:50] r m : http://vtrender.com/premium/orderflow-charts-and-notes-110615/
[08:50] r m : http://vtrender.com/option-values-dt-110615/
[08:51] r m : Nifty JUN Future levels | Key Reference Area 7935 | Hypo1 below 7935➜7915➜7892➜7820 SL 7970 | Hypo2 above 7970➜8030➜8065 SL 7915
[08:51] r m : Banknifty JUN Future levels | KRA 17332 | Hypo1 below 17332➜17230➜17094 SL 17436 | Hypo2 above 17440➜17627 SL 17320
[08:52] Porus : GM RM and all
[08:52] r m : Hi Porus
[08:53] Ravi Chahal : GM guys!
[08:54] Kris : GM All 🙂
[08:54] Shai : GM all
[08:54] r m : Hi Kris
[08:54] Kris : Hi RM 🙂
[08:58] Kathir : GM Shai RM Kris all friends
[08:59] Pawandeep : GM Shai,rm & Friends
[09:03] Dharamveer : GM All
[09:03] Sharad : GM all
[09:03] r m : Hi Kathir 🙂
[09:04] Sudhakar : GM shai,RM &All friends
[09:04] Srini A : GM All
[09:05] Moses : GM All
[09:05] Kathir : @rm HOW ABT mo
[09:06] Shai : Day after trend day today
[09:06] Shai : downsides should be done in 1st hour
[09:06] r m : @Kathir, it was -43
[09:06] Shai : we are using 7915 and 7892 as ref lines
[09:06] Shai : no holding longs or counter buys if 7892 breaks in F
[09:07] Shai : longs breathe easy abv 7970F but upside maybe caapped on day to 8030/ 8044
[09:07] Ashish : GM all
[09:07] Soumya : Good Morning All
[09:08] Shai : BNF may give a bounce today but room for downsides is a bit more in BNF
[09:08] Shai : still looking at adding 17000 pe on the bounces
[09:08] Shai : tgt remains 17090 F
[09:08] RK : GM Shai,RM and all
[09:09] Vikkas C : gm all
[09:09] r m : Hi RK
[09:09] RK : RM,gGlad to more downside targets today than upside in Hypos
[09:09] RK : *glad
[09:10] RK : *glad to see
[09:10] r m : @RK, ok, ye dil maange more? 🙂
[09:10] Tejpreet : GM All.
[09:11] Venkatesan : hi shai, rm and friends
[09:11] Venkatesan : hi rk
[09:11] Kathir : @RK but RM is not moving his MO downside 🙂
[09:11] Venkatesan : rm hi kathir
[09:11] Venkatesan : where were u sterday
[09:11] Kathir : Hi Venk
[09:11] r m : Hi Venkatesan
[09:12] Kathir : @venk was out of station past three days.missed a big fall
[09:12] RK : Hi Kathir,Venkatesan
[09:12] Kathir : I mean trend day
[09:12] Venkatesan : rm in your site you said that sterday anomally ar 7980 and 8052 what is that
[09:12] Venkatesan : yes kathir mising trend day is badluck
[09:13] Venkatesan : profile sterday
[09:13] r m : @Venkatesan, my site?
[09:13] Venkatesan : vtrender site
[09:14] r m : ok, please check with Shai, I am yet to graduate to that level where anomalies are understood well 🙂
[09:14] Dharamveer : @ Shai is 8124 not an anomoly
[09:14] r m : i take them as break in flow of auction as gaps etc.
[09:15] Venkatesan : i appreciate ur humility
[09:15] Venkatesan : @rm
[09:15] r m : @Venkatesan, site is Shai’s, he has just been kind enough to me to allow squatting there for such a long time 🙂
[09:15] Venkatesan : then u r lucky
[09:16] r m : yeah, definitely
[09:16] Venkatesan : thank you rm
[09:17] Venkatesan : rm means master of room
[09:17] Chetan : gm all
[09:17] Venkatesan : opend
[09:17] Augustin : GM all
[09:20] John : GM all
[09:24] r m : @Shai, Indusindbk has come below support of 795-92, what is the next target for shorts?
[09:25] Shai : OPen holding KRA- just about
[09:25] Shai : 7970 ref
[09:26] Augustin : Can buy 8100 CE in a dip or avoid?
[09:26] Hemant : GM folks
[09:26] Shai : buy if 7970 crosses or neat 7915 today sl 7890
[09:26] Shai : it is a positional call
[09:27] Augustin : Ok. Thanks
[09:27] Sandeep : neat ?
[09:27] Sandeep : Shai
[09:27] Hemant : near he meant Sandeep
[09:28] Shai : near*
[09:28] Shai : BNF is weaker
[09:28] Shai : can drage NF down also
[09:29] Tejpreet : Shai BN lvl above which positionalbuy can be considered,
[09:32] Shai : 17440 only but can consider 17350 cross if it holds
[09:32] Shai : buyers now responding at lows
[09:33] Tejpreet : Thanks.
[09:34] Shai : Buy NF anb 7970 sl of 7955 tgt 7995/ 8010
[09:35] Shai : abv*
[09:35] Shai : 15 point risk trade for buy abv 7970
[09:35] RK : axis goes
[09:35] Vikkas C : is axis a short at this value also ?
[09:36] Vikkas C : cos i just booked @ 542
[09:36] Shai : RM what you did to Indus?
[09:37] RK : any fresh short here is risky
[09:37] Shai : 779 is a intra supp
[09:37] Shai : indusind
[09:37] r m : Thanks Shai, there was this news of QIP issue, guess equity dilution is doing it instead of me 🙂
[09:38] r m : Thanks Shai
[09:38] RK : RM party at Dehradun or Chennai? :))
[09:38] Shai : axis 537 intra day supp
[09:38] r m : Amit lives in Mumbai na! 🙂
[09:38] RK : or you can send that scotch and cigar thro India post :))
[09:39] Vikkas C : OK THANX SHAI
[09:39] Ravi Chahal : what abt BNF?
[09:40] r m : @RK, sure man, guess I’ll come myself with the package, can’t trust anyone else with scotch 😀
[09:40] RK : welcome!welcome 🙂
[09:40] Hemant : lol @RM
[09:40] Kris : Hey Guys! This is Friday morning – and there is a full day of trading ahead! 🙂
[09:40] RK : Scotch is yours and nuts are mine 🙂
[09:41] r m : lo
[09:41] r m : lol
[09:41] r m : @Kris, ye to abhee se celebrate karne lage 😀
[09:41] RK : Kris 🙂
[09:42] Vivek K : RK cashewnuts or peanuts? 🙂
[09:43] r m : @Vivek, knowing RK, it must be some huge sized nut 🙂
[09:43] Vivek K : coconut
[09:43] RK : Vivek lets have all the nuts..why partiality :))
[09:43] Shai : let’s wait in BNF
[09:44] r m : @Vivek 🙂
[09:44] Vivek K : f we haves, then i am teh biggest nut
[09:44] Shai : remains weak below 17280 n intra tgt 17090/ 17050
[09:44] Varun : someones buying at vwap
[09:44] Varun : in nf
[09:44] Vivek K : if we have all the nuts, then i am the biggest nut
[09:44] Varun : rejects quickly from thr
[09:45] r m : @Vivek, Coconut may not be his favorite unless fermented well 🙂
[09:45] RK : below PDL, it would fall fast
[09:45] Kris : @Shai – if we do reach hypo around 17094 – with not much red delta – is it a OK to attempt small longs there?
[09:45] RK : Vivek 🙂
[09:46] Varun : with huge reds on top of every bar, if vwap goes fall could start @shai ?
[09:46] Shai : seller more active now
[09:46] Hemant : Shai, Algo at 7961? did it buy or sell?
[09:46] Shai : Yes Varun 7970 res
[09:47] Shai : That looked like a seller yesterday Hemant
[09:47] Shai : BNF stop is deep here but can drop to 17090/ 17056
[09:48] Shai : stop 7280
[09:48] Shai : 17280*
[09:48] Vikkas C : 8100CE on hold ryt
[09:48] Hemant : Ok Shai, seems like its going to push it further
[09:49] Shai : Yes let’s hold that CE and review it once IB is done
[09:49] Vikkas C : ok
[09:56] Kathir : @shai can we buy some bnf ce if it goes nea 17090 range?
[09:58] Shai : ok Kathit – by only if yu see greens
[09:58] Kathir : ok thanks
[10:01] Tejpreet : Shai how is UPL looking on charts …strictly for ID .
[10:02] Vivek K : shai more buyers coming in NF right now?
[10:02] Vivek K : or attempting to?
[10:02] Shai : yes
[10:02] Shai : BNF over vwap
[10:03] Hemant : Where can BNF go from here Shai?
[10:04] Shai : UPL good drive today
[10:04] Vikkas C : EVEN TCS
[10:04] Shai : tgt is 521/ 532 if it stays abv 511 now
[10:05] Shai : intra
[10:05] Shai : Hemant BNF wants to go down but feel there is one upmove pending in it
[10:06] Shai : (09:08) Shai :BNF may give a bounce today but room for downsides is a bit more in BNF
[10:06] Shai : (09:08) Shai :still looking at adding 17000 pe on the bounces
[10:06] Suyash : can bnf be shorted with sl above 17280?
[10:06] Shai : (09:07) Shai :longs breathe easy abv 7970F but upside maybe caapped on day to 8030/ 8044
[10:07] Shai : Not here Suyash
[10:07] Tejpreet : Thanks for upl.
[10:07] Suyash : yes lot of green deltas here
[10:07] Kathir : bnf spot high shows 17298
[10:11] r m : 7969.90!
[10:11] Vivek K : lvn
[10:11] r m : ok
[10:12] Shai : bulls have to cross that LVN
[10:12] Tejpreet : Looks like everyone eyeing 7970 .
[10:12] Shai : else down again..
[10:13] Shai : the open of today was not a good place to make new shorts or new longs- hence we are on wait mode
[10:14] Vikkas C : SHAI what is good price to buy 17000pe BNF
[10:17] Shai : around 17350 if pink starts
[10:17] Vivek K : shai do we buy above 7970 or wait?
[10:17] Shai : or near 17440F
[10:17] Shai : NF can bounce up
[10:17] Vikkas C : ok thanx
[10:17] Shai : Buy NF
[10:18] Shai : Put sl just below vwap at 7950
[10:18] Shai : we take this 20 point risk
[10:19] Ravi Chahal : ok.. whts the tgt for NF?
[10:21] Soumya : 09:34 Shai : Buy NF anb 7970 sl of 7955 tgt 7995/ 8010
[10:21] Chetan : target shai
[10:21] Shai : (09:34) Shai :Buy NF anb 7970 sl of 7955 tgt 7995/ 8010
[10:21] Ravi Chahal : thanks
[10:21] Shai : put that sl a bit below vwap at 7950
[10:22] Shai : OrderFow not very good here at 7970
[10:26] Varun : shai cn u refresh one min data
[10:28] Shai : sure
[10:28] Shai : BNF shows sellers at highs
[10:29] Kathir : @shai KRA thoery nf gave 30 and bnf 60 🙂
[10:29] Shai : Exit the NF longs
[10:29] Hemant : Shai, can 18400 CE be shorted at this level or wait sugggested?
[10:29] Shai : yes can short
[10:30] Hemant : 17400 i mean
[10:30] Shai : Sell BNF between 17275- 17290 sl of 17355 tgt 17170
[10:30] Shai : short between those levels only
[10:31] Shai : Looks like a non directiona day today
[10:32] Shai : unlike yesterday and day before
[10:32] RK : waiting for nos..maybe
[10:32] Shai : but being a friday the last hour we have to be alert
[10:33] Kathir : @RK what numbbers? any data
[10:34] RK : Kathir IIP
[10:34] RK : and CPI
[10:35] r m : that will be coming after market
[10:35] RK : Yes
[10:46] Chetan : shai BN in sell zone now
[10:48] Kathir : ok RK
[10:50] Dharamveer : can you give yor view on Unitech
[10:51] Vivek K : for the derv guys pls check…., apparently reverse arbitrage in stocks have been vanishing which is a good sign.
[10:51] Sandeep : NF should go long here Shai ?
[10:57] Chetan : which software we get MP charts otherthan market delta
[10:59] Shai : unitech 6.8 intra day supp and res at 7.6 today
[11:00] Shai : Sandeep NF not shoing longs abv 7670 our ref line
[11:01] Shai : may have to dip t get new buyers interested
[11:03] Shai : the buyers have to do the work today
[11:03] Dharamveer : Shai looking for long term buy can we wait or buy now
[11:03] Shai : and that work is responding to lower prices and buying it up
[11:04] Shai : Dharamveer trend is still strng in the short term and down- no signs of change yet
[11:05] Shai : on a friday if you are a long term player you defer purchases till the last hour when you know where the weekly is closing
[11:10] Pawandeep : @ shai now we r expcting range extainsion on downside to find buyer
[11:11] Kathir : @vivek good sighn for bulls or bears
[11:12] Shai : Possible Pawandeep
[11:12] Shai : Be back in a few mins…
[11:17] RK : We will not go above 7970 till Shai resumes 🙂
[11:17] RK : room trend that is 🙂
[11:17] Kathir : yes RK 🙂
[11:19] Vivek K : shai sir view on VEDL and CAIRN?
[11:19] Vivek K : sunday board meet
[11:32] Chetan : more green near val …in both nf and bnf
[11:33] RK : Change of pink to green is required now to push up else back to test VWAP
[11:37] Ravi Chahal : whats pink to green?
[11:37] r m : the pink line on the chart
[11:38] r m : when it changes to green orderflow shows more buyers then sellers
[11:38] Ravi Chahal : ok
[11:38] Ravi Chahal : in BNF it has changed now?
[11:39] Chetan : more green numbers than red numbers sugggest bullish ?rm
[11:40] r m : yes Chetan in 5 minute time frame
[11:40] Kathir : @RM pls let all know how much time we have to wait for confirmation for pink to green or vice versa..because it dissappears after few seconds
[11:40] Kathir : i mean back to old colour
[11:40] r m : @Kathir, since change to 5minute tf here I have not been able to keep track of it
[11:41] Kathir : ok then we will ask shai
[11:42] r m : earlier with 25 tick bars it was possible to wait patiently for bar to close but 5 min of patience is too much for me specially considering the distance BNF can travel in 5 minutes 🙂
[11:43] Kathir : ok
[11:43] Kathir : yeah bnf will achieve the target before we confim the colour 🙂
[11:44] r m : lol
[11:54] Ravi Chahal : bnf Sl triggered?
[11:54] Srini A : SL is 17355
[11:58] Dharamveer : will it be a double distribution
[12:00] Vikkas C : shai any views on icici bank
[12:01] r m : yesterday Shai said 285 is support in ICICIBank
[12:02] Vikkas C : ok thanx RM
[12:02] r m : welcome
[12:02] r m : “(12:13) Shai :icici bank good supp at 285(12:13) Shai :shrt only below 285 fo 281/ 280”
[12:03] r m : i asked for a view for short yesterday
[12:03] RK : BNF jump
[12:03] Ashish : 7984 is a seller shai?
[12:04] RK : Ashish mostly a SL trigger orders
[12:04] Ashish : Thanks RK.
[12:05] Soumya : how do we know what the orders were SL triggred?
[12:05] Vikkas C : is it good time to buy 17000pe
[12:05] Vikkas C : or wait for the band to turn pink
[12:05] Shai : BNF stops taken
[12:05] Shai : make an exit
[12:06] RK : Soumya price movement..with such sell volume it could have moved down the index
[12:06] Augustin : Can long Nifty again at 7970?
[12:06] John : Shai,Seller at 7984?
[12:06] Soumya : okay.. thank you RK
[12:06] RK : Let Shai refresh that
[12:06] RK : we will come to know
[12:07] Shai : Now probing strongly abv 7970
[12:07] Suyash : any dip towards 7970 should be bought
[12:07] Suyash : ?
[12:08] Shai : yes can buy dips to 7970
[12:08] Shai : not here- vwap band suggesting a psuh back again
[12:08] Suyash : yes
[12:09] Shai : NF has buyers
[12:10] Soumya : Shai – is it because the vwap is not moving up with nifty?
[12:10] Shai : yes
[12:10] Shai : vol abv 6L in 15 mins this time of the day can push NF vwap bands up
[12:11] RK : Shai do you feel bottom in place or chances to check that again?..some key stocks which lead the fall not taking part in this upmove..
[12:12] Shai : No bottom is not in yet
[12:12] Shai : we bounce and come down again
[12:12] RK : fine.thanks
[12:12] Shai : 7935 is not a bottom
[12:12] Soumya : shai is it because we do not have a tail?
[12:13] Shai : we were expecting a bounce after yesterday close but have not been able to trade it well today
[12:13] Hemant : What about BNF ? Should add that 17000 PE Shai?
[12:13] Shai : No wait in BNF
[12:14] Shai : yes no bottom conf per profile
[12:15] Shai : its Buy NF btw 7980- 7985 sl below 7950 tgt 8030
[12:15] r m : @Shai, your view for Sunpharma shorts please?
[12:16] Shai : was away from screen for a bit- If I have missed queries pls reshoot
[12:16] Dharamveer : What does the Long term Pink OF wave turning down imply
[12:16] r m : went below 815 support today
[12:17] Hemant : Shai, BNF 17000 PE is still a buy?
[12:17] Shai : Still a but but not here
[12:18] Shai : poink OF means sellers again
[12:18] Vivek K : shai sir, cairn and VEDL pls
[12:18] Dharamveer : I was asking about the OF wave turning down
[12:19] Dharamveer : the thick Pink of turning down what does it denote
[12:20] Shai : sun pharam weak below 830 can do 797
[12:20] r m : intra or next week?
[12:20] Shai : yes obj is 797/ 772
[12:20] r m : Thanks!
[12:23] Shai : cairn is not bullish on the charts and does not show a long term bottom in place
[12:23] Shai : supply will come higher on any bounce – first at 203 levels
[12:24] Shai : today it looks flat 183-179 binding it
[12:25] Soumya : time to add nifty longs
[12:25] Soumya : 7975 here
[12:25] RK : IT
[12:26] Shai : even VEDL supply at 199 is there
[12:26] Vikkas C : is NF yet a buy ?
[12:26] Shai : evidence of a good bottom not there in vedl also
[12:27] Shai : yes Buy NF
[12:27] Vikkas C : ok
[12:30] r m : @Shai, your view on BPCL longs please?
[12:32] Shai : BPCL normal day developing – can close flat as background is roational
[12:32] r m : ok, thanks
[12:33] Shai : 859 level for a break abv
[12:33] r m : ok
[12:35] Vikkas C : IT getting hammered
[12:36] Hemant : TCS, Infosys probe opened in US for Visa violation
[12:36] Shai : yes
[12:37] Soumya : nifty also breaking
[12:38] Vikkas C : shai can u look at techm
[12:38] Hemant : Should hold on longs Shai? or wait?
[12:38] Vikkas C : been holding up very well since quite a few days
[12:38] Shai : Hold the NF- let’s see if BNF can launch a counter
[12:40] Shai : techm strong supply near 572
[12:41] Sreedhar : Hello ..
[12:41] Shai : can do 546 intra
[12:41] Shai : sellers now NF
[12:42] Vikkas C : ok thanx
[12:43] Shai : move NF sl to 7942
[12:45] Shai : has to go abv 7972 quickly now to reduce this period of weakness
[12:46] Shai : can drop to 7915 if our sl at 7942 goes
[12:46] Sreenivas J : shai view on ceat hexaware pls
[12:48] RK : they are in HDFC 🙂
[12:48] RK : IT spoiled the show otherwise 8000 would have been scaled now
[12:51] Vikkas C : SHAI ur ciews on siemens pls
[12:51] Vikkas C : *views
[12:52] Shai : ceat weak below 632 can do 601
[12:53] Ashish : FM press conference in short while..
[12:54] Shai : Hexaware views on stocksheet
[12:54] Shai : 268 supp
[12:56] Tejpreet : wow ..Shai great all lvl in Stockslevels sheet …i thought it was not being updated.
[12:56] Shai : See BNF doing 17430 from here if 17320 holds but trade does not have a good risk reward
[12:56] Vikkas C : so can i buy 17000pe when BNF does 17430
[12:57] RK : stocksheet update is one of RM’s tireless effort..
[12:58] Tejpreet : RM thanks.
[12:58] Suyash : nice work RM
[12:58] Shai : Siemens may be getting ready for abounce . with a sl of 1270 can attempt a long for 1340 positional
[12:59] r m : Thanks guys 🙂
[12:59] Vikkas C : thanx shai
[12:59] Shai : Oh tejpreet you under- estimate the power of RM 🙂
[12:59] Soumya : 7972 here
[12:59] r m : lol
[12:59] Shai : He can cook a rabbit from his hole also 🙂
[13:00] Shai : News based sell off not cracking below VAL – so NF doing alright
[13:00] Tejpreet : True Shai …RM is doing his best to assist us all in this room.
[13:00] Shai : just took a precaution of moving that sl down to the earlier buyer at 7943
[13:01] Shai : Vikkas I’ll update the PE buy here
[13:01] Vikkas C : ok
[13:03] Shai : Not a big counter to the IT but buyers are visisble in BNF- (12:38) Shai :Hold the NF- let’s see if BNF can launch a counter
[13:03] Soumya : excellent call shai
[13:07] Shai : we will try to buy BNF on a dip and look for 17440/ 17470 as tgt sl of 17310
[13:08] Shai : sellers in BNF
[13:09] Soumya : what a steep fall in bnf
[13:09] Shai : FM?
[13:09] RK : He has that bad reputation..Is he live now?
[13:10] Ashish : He is live now
[13:12] Shai : Buy BNF 17330 sl of 17270 tgt 17400/ 17440 – go with 50% size
[13:22] Shai : Exit the BNF long trade – 17300
[13:50] Pawandeep : Calm Before the Storm
[13:51] Ravi Chahal : 🙂
[13:52] Dharamveer : is some one Buying in the dips
[13:54] RK : why do they disturb a neat profile being formed since morning? 🙂
[13:54] Pawandeep : So far poor high
[13:57] Vikkas C : one question ..how do u guys know poor high and poor lows
[13:58] Vikkas C : sorry to ask this ? ..yet reading MOM
[14:00] r m : @Vikkas, we’ll wait for Varun to answer this one
[14:00] r m : 🙂
[14:00] Dharamveer : Single print of D on down side and double print IJ on top double print is poor high and single print is a tail
[14:01] Vikkas C : hes no where to be seen today ..
[14:01] r m : from vtrender glossary – Auctions, within the market’s natural two-way auction process, end in one of two ways: 1) Most commonly the auction ends through a more aggressive counter auction that creates a buying or selling tail; or 2) The auction ends through simple exhaustion.We refer to the exhaustion as poor high/ low.the poor high/ low is a temporary halt in the ongoing auction. What is noticeable is the lack of opposite auction in such cases and hence the original auction has a higher possibility of restarting.
[14:01] Vikkas C : so u mean any double prints on top or bottom is PH or PL
[14:02] r m : http://vtrender.com/glossary/
[14:02] Vikkas C : thanx RM
[14:02] r m : welcome
[14:02] Pawandeep : http://www.futurestrader71.com/?page_id=1280
[14:03] Pawandeep : http://www.jdaltontrading.com/glossary/
[14:04] r m : Thanks Pawandeep
[14:04] Pawandeep : welcome sir:)
[14:05] Pawandeep : i have pined these two tab in crome
[14:05] r m : no “sir” for me please 🙂
[14:05] Vikkas C : thanx pawandeep
[14:07] Pawandeep : @sahi now can we buy nifty calls
[14:07] Soumya : Shai – views on nifty longs?
[14:08] Pawandeep : nifty is rotating with thin volumes
[14:16] Dharamveer : @Shai Is there any possibility to test the poor high today
[14:19] RK : for such a prolonged stay at lows should have ignited the buying intrest by now.
[14:19] RK : are they waiting for last hour?
[14:19] Pawandeep : i have learn how to share so thats why ‘sir’ is Respect
[14:19] Pawandeep : RM*
[14:20] Tejpreet : Yes RK looks like last hour ……just 20 odd points needed and if we close below 7920 spot ….then as per blog game over.
[14:22] r m : @Pawandeep, it makes me more cheerful if respect is not burdened with knighthood 😀
[14:26] Pawandeep : @Tejpreet holding hexaware
[14:26] Pawandeep : any update
[14:27] Tejpreet : no booked out at 3.50 call brought at 2.6 yesterday
[14:27] Pawandeep : usdinr amking new high
[14:27] Tejpreet : will buy again if 268 holds at close.
[14:28] Pawandeep : making*
[14:28] Pawandeep : ok
[14:28] RK : one seller at low now
[14:30] RK : RM that 46375 you trapped him there? 🙂
[14:30] r m : I wish I did 🙂
[14:31] Tejpreet : RK could be LL sl below 7940
[14:31] RK : BPCL scooba dive
[14:31] Shai : Profile is rotational
[14:31] Shai : one move down to 7915 pending
[14:31] RK : maybe Tejpreet
[14:31] Shai : can still close at vwap toay
[14:31] Shai : today*
[14:31] Vivek K : o late it has been a game of only trigerring stops
[14:31] r m : @RK, if you find 25 X 0 somewhere, that is me 🙂
[14:32] Ashish : lol RM
[14:32] RK : BPCL was the only long I was holding for 2 days and that too gone short now 🙂
[14:32] RK : RM 🙂
[14:32] Tejpreet : But 7932 looks a buyer .
[14:32] Ashish : I recovered BPCL shorts just now..;)
[14:33] RK : Ashish we exchanged then 🙂
[14:33] r m : 🙂
[14:33] Ashish : Yes… take care of it now..will take it back from you 🙂
[14:34] RK : Sure 🙂
[14:34] Tejpreet : Shai your objective was 7930F low 7931 today.
[14:34] r m : BPCL exchange program 🙂
[14:34] Ashish : Hahaha
[14:35] Ashish : Shai, USD/INR @ resistance… 9th and 10th June sellers at these levels..please check.
[14:36] Shai : yes 63.88- 64.55 broad levels
[14:36] Hemant : Shai ok to short 7900 PE here in smaller quantity?
[14:37] Shai : yes
[14:37] Hemant : Looking to carry it forward
[14:37] Ashish : Thanks Shai
[14:37] Shai : 8044 is first res next week
[14:38] Shai : move upto 8110- 8130 in spot to be shortted next
[14:38] Shai : we will carry that 8100 ce for next week
[14:38] Hemant : 🙂
[14:39] Ashish : Perfect shai (14:31) Shai :can still close at vwap toay
[14:39] Shai : FA at 7931
[14:39] Augustin : Shai – Targets for 8100 CE?
[14:39] Shai : alos a big buyer there
[14:42] Suyash : shai what’s the call on TCS now? Has seen some big selling today after the news
[14:43] Hemant : Shai, went short on 8200 PE as well.. seems like premiums will reduce fast & quick on these
[14:44] Shai : 8100 call tgt is 76
[14:45] Augustin : thanks Shai
[14:45] Dharamveer : Buying from 7931 appears like the inverse of the seloff which triggered at 8200
[14:45] Shai : tcs the low of 2478 may just hold for now
[14:46] Shai : looks like the selling is done
[14:46] Tejpreet : Last 15 min candle is all SC or fresh buying.
[14:46] Suyash : thanks shai
[14:46] Vikkas C : SHAI WHAT WUD BE TRGT FOR 8000CE
[14:47] Soumya : any good positional stock buys shai?
[14:47] Shai : looks ike a short covering move
[14:47] Hemant : Where can BNF go Shai ?
[14:47] Shai : BNF can do 17580f where we add that PE on MOn
[14:48] Hemant : Great
[14:49] Tejpreet : Shai wouldn;t it be prudent to get out of 8100 call at close to 8000 before close if we get it rather than carrying it over the weekend or you expecting a gap up on Monday.
[14:50] Tejpreet : We can buy again on Monday.
[14:50] Shai : 8000 ce price obj is 118 and 133
[14:50] Vikkas C : OK THNX
[14:50] Shai : Not a gap up but am expecting 8044 at least
[14:51] Shai : mon
[14:51] Tejpreet : OK, got it.Thanks.
[14:52] Pawandeep : @ shai today may close @ day high
[14:53] Shai : vwap looks like a preferred close
[14:53] Shai : but yes day high possinle also
[14:53] Soumya : there is vwap at day’s high also 😛
[14:54] Shai : 🙂
[14:55] RK : are they writing 8100 CE now?
[14:57] Soumya : shai can you please give your views on auro pharma
[14:57] r m : yes, covering 8100PE
[14:57] Hemant : Covering 8100 PE who RM?
[14:58] r m : OI going down in 8100PE, that means writers covering
[14:58] Soumya : this weekend plan – to read mind over markets and complete it
[14:59] Shai : auro may be getting ready to test 1322/ 354 again
[14:59] Shai : good protection at lows
[14:59] Soumya : thank you shai
[14:59] Hemant : What about 7900 PE RM?
[15:00] r m : writing
[15:00] r m : http://screencast.com/t/BoIdE2JCG
[15:01] r m : just a rough guess from option chain
[15:03] Hemant : Got it RM. Holding on to short PEs, next week Greece will give us hope 🙂
[15:03] r m : 🙂
[15:04] Shai : BNF closing a lot more better than expected
[15:04] Shai : looks like we may have the lows in place for a few more sessions than initiatly thought
[15:05] Hemant : Merkel is speaking to leaders at the moment
[15:05] Shai : close at VAH now
[15:05] Shai : in BNF
[15:06] Hemant : Shai should exit at 17580 or hold it for next week ?
[15:06] Hemant : EU negotiators expected in Athens tonight
[15:07] Tejpreet : Shai Psu banks beaten down …expecting some recovery in them next week.
[15:08] Tejpreet : How is PNB for positional play till expiry.
[15:08] Shai : Hemant TSL is 17440 mon
[15:09] Hemant : Ok Shai many thanks
[15:10] Shai : yes PNB also amongst them that got beaten down can climb ro 137/142
[15:10] Shai : sl recent low or 128.5
[15:11] ravi c : uys missed the session. on mobile app now
[15:12] ravi c : holding 8100CE
[15:12] ravi c : good to go?
[15:12] Shai : yes carry
[15:12] ravi c : cool thanks
[15:12] Tejpreet : Thanks for Pnb .
[15:15] Shai : welcome 🙂
[15:16] Shai : yes all PSU shoing max short covering in last 1 hour
[15:17] Ashish : Shai, bharat forge cab be bought for next week here?
[15:19] Shai : oh yes Bforge looking very good
[15:19] Shai : very smart price rejection at lows
[15:19] Shai : can test 1188 next week
[15:19] Ashish : Thanks Shai 🙂
[15:20] Shai : good spotting
[15:20] Shai : Sl recent lows
[15:20] Shai : BNF got excied before IIP
[15:20] Ashish : got it shai..
[15:20] Shai : indeed a much better close in BNF than in NF
[15:22] Vikkas C : HOWS SBIN
[15:27] Soumya : dish tv looking super strong to me for next week
[15:27] Soumya : please give views shai
[15:29] RK : Trend day followed by D profile – Implication Shai?
[15:30] Shai : pause RK
[15:30] r m : almost dd in BNF
[15:30] r m : very small upper d 🙂
[15:30] RK : for continuation Shai 🙂 ?
[15:30] Hemant : Silence before the storm kind of pause Shai?
[15:30] Venkatesan : thank you shai, rm and friends
[15:30] Shai : one bounce up and then down again
[15:30] John : Thanks Shai,RM and all:) Bye:)
[15:31] Suyash : thanks everyone. Have a great weekend all
[15:31] Shai : FA gives 5 days TF to us
[15:31] Moses : Bye all
[15:31] RK : got it Shai..
[15:31] Tejpreet : You mean FA at 7931.
[15:31] Hemant : Yes, and we had an FA at lows today if not mistaken
[15:31] RK : thanks and bye all
[15:31] r m : Thanks and bye folks, have a great weekend 🙂
[15:31] Ashish : Have a great weekend guys…thanks and bye
[15:31] Shai : Got sbin and dishtv late
[15:31] Shai : am updating but let’s review mon again
[15:31] Porus : bye all
[15:31] Vikkas C : thanx shai and bye all
[15:31] Vikkas C : no worries shai
[15:32] Vivek K : bye everyone
[15:32] Tejpreet : Bye All.
[15:32] Dharamveer : By all
[15:32] Shai : SBIN ina neutral profile
[15:32] Sudhakar : Bye all
[15:32] Shai : 254 HVN and bias point for next week’s moves
[15:33] Shai : nbig support below at 228 only
[15:33] Shai : lows are not strong
[15:33] Vikkas C : cool thanx
[15:33] Tejpreet : That is a big move 254 to 228.
[15:34] Shai : dish strong close but for more upsides has to continue abv 108
[15:34] Soumya : THANK YOU SHAI
[15:34] Shai : yes nothing in sbi below 248 roughly to hold
[15:35] Shai : but no imm weakness if next week it is abv 254
[15:35] Shai : Bye guys
[15:35] Shai : enjoy your weekend
[15:35] Shai : catch up mon
[15:35] ravi c : bye
[15:35] Srini A : Thanks Shai and everyone
[15:35] Soumya : BYE FRIENDS
[15:37] Hemant : Have a great weekend folks, Shai, thank you