General Chat Transcript
Room Name: Vtrender
Date and Time: February 13, 2015 09:27:19[08:57] r m : Good Morning folks!
[08:57] r m : http://vtrender.com/levels-and-plan-for-13th-feb/
[08:58] r m : http://vtrender.com/premium/orderflow-charts-and-notes-1202/
[08:58] r m : NF Key Reference Area (KRA) 8726 UP Hypo1 above 8726➜8772➜8823 DOWN Hypo2 below 8716➜8682➜8633 SL 8725 FEB Future levels
[08:58] r m : BNF KRA 19135 UP Hypo1 above 19135➜19284➜19362 SL 19055 DOWN Hypo2 below 19134➜19050➜18835 SL 19195 FEB Future levels
[08:59] r m : Results today – M&M, SAIL, SBI, Nestlé, HPCL, IOC,MRPL, GSPL, Bosch, Eicher Motors, NBCC, UBL,Pipavav Defence, Relcom
[09:00] r m : Results tomorrow – Sun Pharma, Oil India, HDFC Bank, ONGC
[09:00] RK : Hi RM Good morning 🙂
[09:00] r m : Hi RK 🙂
[09:03] r m : SGX Nifty trading 8768-8795 this morning
[09:06] Porus : GM all
[09:07] Tejpreet : Gm All.
[09:08] Sumit : gm everyone
[09:08] r m : Pre-market suggests NF open above hypo1 level 8772
[09:12] Shai : GM all
[09:12] Sharad : GM all
[09:14] Shai : NF finished in imbalalce yesterday and in a neutral extreme
[09:16] Sharad : No charts ?
[09:16] Shai : be with charts in a min
[09:16] Sharad : fine
[09:18] Kris : Gm all 🙂
[09:20] r m : Hi Kris 🙂
[09:22] Kris : Hi Rm – looks not much advantage for the PE 🙁
[09:22] r m : yes Kris
[09:22] Shai : Please bear – seems to be some starting issues today. working to get it resoved
[09:23] Shai : resolved *
[09:49] Rahul G : kris can we take BN short
[09:49] Rahul G : opena nd high the same for last 30 min
[09:51] Kris : sorry Rahul – was away
[09:52] Kris : yes – I shorted BN now – 19370, SL above IB high.
[09:53] Rahul G : ooh okay thanks
[09:53] Shai : back up
[09:53] Rahul G : thanks shai
[09:53] Shai : starting troubles today
[09:53] Shai : Hope the charts are fine
[09:53] Kris : Shai got his 19365 as well – so, may be he relents back to 19242 atleast 🙂
[09:53] Shai : ?
[09:54] RK : Charts are fine Shai..Thanks
[09:54] Shai : Great. Thanks
[09:54] RK : good volumes at top
[09:56] Shai : good abv pdh
[09:56] Shai : 8807/ 8823/ 8846
[09:56] Shai : a dip in the afternoon if it comes is a great buy
[09:57] Rahul G : shai the delta
[09:57] Kris : @Rm – Shai poured water on all my hopes 🙁
[09:57] r m : 🙂
[10:00] Shai : The delta in the FP chart is now volumes instead of contracts
[10:03] Sharad : Shai if it is in volume then how come odd figure like 58473…. must be in multiple of 25
[10:03] Rahul G : ooh ok
[10:04] Shai : where is 58473?
[10:05] Shai : yes it should be in multiples of 25
[10:05] Shai : in both
[10:05] Porus : must be in ‘000?
[10:05] Sharad : in NF
[10:06] Sharad : 9.30 , 9.45 and total
[10:06] Sharad : even 10 also
[10:07] Shai : should be fine now
[10:07] Shai : at open sometimes some 0 and 1 come
[10:07] Amit J : shai 80% in sbi?
[10:07] Shai : don’t know how
[10:08] Sharad : now perfect shai corrected
[10:08] Shai : below day low is 80% in sbi
[10:09] Amit J : thanks
[10:11] Shai : there is alos the weekly 80% abv 287 to 300
[10:11] Shai : can work today
[10:11] Amit J : ok
[10:12] Shai : BNF retest of 19160 will be good
[10:12] Shai : same in NF a retest of 8724
[10:13] Shai : If that happens and buyers come go for a March 9000 call
[10:13] Shai : Target of successful restest os 9034 spot by feb end/ march 1st week
[10:13] Shai : *is
[10:13] Shai : updated on blog yesterday
[10:28] Varun : kris bnf ib break at 10.25, an abnormality to fill at 19160, outside value ara open..good for an afternoon buy
[10:29] Sharad : Varun if we come back in IB again less then 30 minutes… then buy
[10:30] Varun : even if we come back in afternoon, it will be back in range, reverse trade
[10:30] Varun : like yesterday
[10:32] Sharad : yes but buy above vwap and DPOC today…big result of SBI
[10:33] RK : any idea about SBI result time
[10:33] RK : ?
[10:35] Amit J : by
[10:35] Amit J : buy
[10:35] Shai : sbi
[10:39] Amit J : yes
[10:42] Amit J : but it makes sense to look opportunity in other psu banks to buy
[10:48] Shai : 19277 is vwap of Jan in BN spot
[10:48] Shai : 19320- 19350 spot had high volumes in the selloff
[10:49] Shai : this is the wall of worry for BN
[10:49] Shai : all clear to new highs above these
[10:58] Shai : expected the balance
[10:59] Shai : small tilt below vwap and pdl to downside
[10:59] Shai : best results of hypo1 are when we hit the kra’s
[11:05] Amit J : shai if we hit day high than FA?
[11:05] Amit J : in both
[11:06] r m : yes
[11:06] Shai : yes theoretically
[11:06] Shai : but NF has not really probed down
[11:06] Amit J : thanks
[11:06] Shai : watching 302- 306 in sbi on upsides
[11:06] Shai : can flash to 326 if crossed intra
[11:07] Amit J : so should we wait for anomaly to get clear or buy here for positional
[11:08] Shai : buy in parts
[11:08] Amit J : thanks
[11:08] Shai : rk reward is good even here
[11:08] Shai : sl is yesterday low upside is 300
[11:09] Shai : the problem with going all in here is that we know that anomalies get a vsist
[11:09] Shai : visit*
[11:11] Sharad : Shai i feel if insiders are playing in SBi, results will not come im market hours.. Monday US closed, Greece outcome also on monday plus Dax waiting for 11,000 SPX at 2100
[11:14] Sharad : EUR near it resssitance of 1.15 , Yen 119/120… all waiting for big event next week and all are doing counter trends and stop loss drive in this week
[11:15] Sharad : Nifty and banknofty also counter trend rally whole week… trend is sure down from 20700 and 9000
[11:16] Sharad : what do you say Shai ?
[11:17] Shai : around that 19350 is the test of last week’s seller
[11:17] Shai : Its up down 18200- 20600 roughly in BN
[11:17] Sharad : and about spx ?
[11:17] Shai : no edge
[11:17] Shai : been watching 18200- 18400 weekly
[11:18] Sharad : ok can spx climb 2100
[11:18] Shai : spx headed for new highs
[11:18] Tejpreet : if we close above 19350 spot then aggresive long can be initiated postionally for target 20000spot.
[11:18] Sharad : previous high was 2093 i think
[11:18] Shai : yes
[11:20] Sharad : and USDINr moving around 62.34 major .10 p + or –
[11:20] Kris : (09:53) Kris :Shai got his 19365 as well – so, may be he relents back to 19242 atleast 🙂
[11:20] Kris : Sorry, was out – so could not boast instantly 🙂
[11:21] r m : lol
[11:21] r m : delayed data!
[11:21] Kris : Yep – 19360 shorts covered part at 19260
[11:21] Kris : rest trailing at 19300 above vwap.
[11:21] r m : not bad!
[11:22] Sharad : Shai we fall from 8892 of 5/2 to 8498 on 8/2 in 2 days… and today is 4th day and could not even retrace 75%
[11:24] Sharad : Shai i am talking all this as my position is USDINR long and Nifty 8500 put long
[11:25] r m : 🙂
[11:25] r m : USDINR declared independence from Nifty some time back!
[11:25] Sharad : 8500 put i bot @ 55 sold at 115 and again bot back at 52
[11:25] Sharad : No RM all co related
[11:25] r m : ok
[11:26] Sharad : INR waiting for 63.7 thats what i understand
[11:26] r m : ok
[11:26] Shai : Sharad was looking at data of the fall . we fell from 8994 spot to 8450 below 8623 and now abv 8623
[11:26] Sharad : Remember all Jan i was talking about expiry below 62 from 63.9
[11:27] Shai : but all the contracts were of long liquidation and no shorts created
[11:27] Shai : just like the pre Jan fall
[11:27] Shai : early Jan fall*
[11:27] Sharad : ok so we need to keep watch on 8623 spot right ?
[11:28] Shai : On the 15th the Fii’s put back everthing and we rose exactly from the same levels
[11:28] Shai : see the 16th Jan low with the recent low
[11:29] Shai : I’ll look at shorts now if 8640 cash breaks
[11:29] Sharad : 16 jan low was 8473 futures
[11:29] Shai : right
[11:29] Tejpreet : and BN lvl to watch to short.
[11:30] Shai : Tejprret a close below 19175 spot will mean wekness
[11:30] Sharad : ok and yesterday low 8626 future
[11:31] Shai : yesterday’s auction changed midway
[11:31] Tejpreet : of 8640 and 19175 spot.Thanks.
[11:31] Shai : something similar to an FA
[11:31] Shai : so that’s why yesterday lows are imp
[11:31] Sharad : so sell below 8623 spot or 8655 future 32 premium right..
[11:31] Shai : But 16th Jan low was 8450 spot and 10th Feb 8470 spot
[11:32] Sharad : ok i will keep note of this numbers.
[11:32] Shai : a braod play in the 8450- 9050 zone still
[11:33] Shai : hence one test of highs coming
[11:33] Sharad : ok will see end of day and change postion accordingly
[11:35] RK : Shai HDFC support levels pls
[11:36] Shai : 1235 imm support
[11:36] Shai : 1270 is res
[11:36] Shai : is reange bound
[11:36] RK : Yes not moving..looking for buy..will try if I get 1240
[11:37] RK : wherever Nifty goes, it needs HDFC atleast in one leg
[11:55] r m : big seller at IBH in NF
[11:59] Amit J : FA confirmed
[12:00] r m : yep
[12:01] RK : we are getting bullish confirmation one by one
[12:03] Amit J : wow sbi
[12:14] Sharad : 2 big candles in BNF sellers on top
[12:16] Shai : sbi 303
[12:17] Shai : yes spot is at the sipply point BN
[12:17] Shai : first reaction will be sold off
[12:18] Shai : we have to see how many points
[12:18] Shai : 19378 BN cash
[12:18] Shai : 19365 F is support now
[12:18] Shai : can scale up to 10668 F today at close if seller ges
[12:19] Shai : goes*
[12:19] Shai : 19668*
[12:19] RK : bravo 🙂
[12:21] Sharad : Shai BNF can buy with stop of vwap
[12:21] Shai : yes
[12:21] Sharad : ok
[12:22] Amit J : excellent result sbi. would be rerated
[12:22] Shai : 🙂
[12:22] Shai : BNF continues up till 19350 protected now
[12:22] Shai : reaction from the top is not yet heavy
[12:23] Sharad : 19385 bot
[12:42] r m : 8823 done by NF Hypo target 2
[12:42] Shai : look at 8846 abv 8823 sl of 8799
[12:42] r m : Thanks
[12:43] Shai : sbin calls flying off now
[12:43] Shai : volumes in the 300 and 310 call
[12:44] Shai : BNF green is from 11.00 am and all long buildup
[12:45] Shai : cross of 19432 adds momentum
[12:45] Shai : anyone remembers that 8710 huge algo yesterday?
[12:45] Shai : up 110 points now
[12:46] RK : 1.6 l at top
[12:46] Shai : yes
[12:46] RK : Lac
[12:46] Tejpreet : yes was about to ask you abt it
[12:47] Shai : first attept at 8821 saw this another seller
[12:48] Shai : 259850 12. 00 noon candle
[12:48] Shai : looking to see if he is adding up
[12:57] Shai : buyers in BNF
[12:57] RK : seems 8821 seller adding up
[12:58] Shai : yes
[12:58] RK : he holds the key for 8846 gate
[12:59] Shai : still adding
[13:00] Shai : BNF just the opp
[13:00] RK : can wait for 8840 spot ?
[13:01] Shai : oh yes
[13:01] Shai : but looks like Mon
[13:02] RK : yes with 8770 PDH SL
[13:02] Shai : back to 19377 spot
[13:02] Shai : supply
[13:02] Shai : positinal player
[13:02] Shai : has to add or reduce here
[13:03] Varun : what is nf vwap ?
[13:03] Shai : 8791
[13:03] Varun : k thanks
[13:06] Shai : 19460
[13:06] Shai : lighten up and can buy on dip again
[13:06] RK : 19370S got seller
[13:06] Shai : can come to 19400
[13:07] Rav : wipro 647 booked at 665.10
[13:08] Shai : Price is right there (11:06) Shai :watching 302- 306 in sbi on upsides
[13:08] Shai : Nice Ravi +1
[13:10] Kris : @Shai – that 2.9L negative – is it seller leading it?
[13:12] Shai : yes – rise sold intp
[13:12] Shai : into*
[13:13] Shai : See in BNF some 1 took a nice 70 points from 19400
[13:13] Shai : (12:57) Shai :buyers in BNF
[13:14] Shai : all we are doing here is watch green below and red above to qualify the trade
[13:14] Kris : So, you either get 9K or back to 8500 then!
[13:14] RK : Shai we are also in that nice 70 points gang actually more than that 🙂
[13:15] RK : once we see that fat seller we just hit market cover orders ..new FP chart 🙂
[13:16] Rav : 8700-8800ce and its PE oi not convincing nifty to be traded away from 8800 for long time
[13:16] Shai : based on that 18450 seller at 13.05- (13:06) Shai :can come to 19400
[13:16] RK : my criteria is above 50K for NF and above 15K for BNF.when I see this nos, if am in good profit will go for intra cover
[13:16] Shai : back longs at IBH with sl of vwap
[13:17] Shai : tgt is 19610/ 19647 by close if vwap stays
[13:17] Shai : Right Track RK
[13:17] Shai : Hope to elaborate in the webinar on the same
[13:18] Rav : 8700-8900 ce oi:1.02 cr pe oi:0.74 cr
[13:18] Kris : @Shai – please record it – and host it in VT premium please.
[13:18] Shai : ok
[13:18] Kris : I intend to attend – but – looks an unexpected meeting might spoil it 🙁
[13:22] Shai : ok
[13:23] Shai : Fresh longs can also be taken in BNf when that short is moved out abv 19470
[13:23] Shai : In NF buyers seem to be coming back
[13:24] Shai : nothing major yet
[13:24] Shai : we are going for 8846 with sl of 8799
[13:27] RK : Shai If we go for SBI long above day high, what can be SL for intra?
[13:29] Shai : 298 but 292 better
[13:29] Shai : think intra obj done
[13:29] RK : thanks
[13:29] Shai : but positional is still there
[13:29] RK : fine
[13:29] Shai : outside chance of 312 in intra
[13:29] Varun : nf wap not showing grph ? what is nf wap
[13:29] Shai : very less
[13:29] RK : got it
[13:30] r m : 8797
[13:45] Varun : what is bnf wap?
[13:48] r m : 19358
[13:48] r m : may differ a bit from the charts here
[13:49] Rav : 8800pe buying 8900ce selling on
[13:56] RK : pink
[13:58] Rav : 30 deg slope needed
[13:59] RK : yes..
[14:00] Rav : came in
[14:00] RK : now volume check for confirmation
[14:01] Varun : what is nf wap?
[14:01] r m : 8801 +- a few points here
[14:01] r m : 🙂
[14:03] Shai : sellers coming in BNF
[14:03] Shai : price needs to get past that 19370 spot
[14:04] Shai : 8818 dvah in NF will try to keep bears back
[14:04] Shai : 19400 in BNF’
[14:05] Shai : both are pink overhead so that’s a worry for bulls
[14:06] Rav : 45 deg in nf and bnf slope
[14:13] Shai : a close at the highs today is the most probable outcome
[14:15] r m : ES seems quite happy – http://screencast.com/t/2xZoJrAmg
[14:18] RK : 19460 seller strong
[14:18] RK : not giving way
[14:19] Shai : yes positional player there
[14:19] Shai : could have covered at lows some and maybe holding balance positions here daily close
[14:19] Shai : have to see big greens here to know he is cobering
[14:19] Shai : covering*
[14:24] Rav : 38% short covering happened both in nf and bnf uniformly thus far
[14:25] Shai : from the lows?
[14:25] RK : HDFC slowly moves up
[14:25] Shai : bulls working on the teory that if they keep it here, te bear will cover
[14:25] Shai : theory*
[14:26] RK : HDFC?
[14:27] Rav : LBU
[14:28] Rav : Nify will shootup but if some heavy weights got hammered will be balanced
[14:28] Shai : 19500
[14:28] Shai : another 100 required
[14:30] Amit J : looks like a trend day. day high close?
[14:32] Shai : yes
[14:32] Amit J : do you see test of anomaly in next 1-2 days
[14:32] Shai : from here expecting 8920 on Mon
[14:32] Shai : F
[14:33] Shai : Mondays are difficult to tell in afternoon
[14:33] Shai : let’s see what happens in IB there
[14:34] Shai : I would have actually liked a dip in the orning today to make the base stronger for a 300 pnt jump
[14:34] Shai : but then market knows best 🙂
[14:35] RK : dips are enough Shai 🙂
[14:35] RK : throughout couple of weeks
[14:35] Shai : No I meant that dip to 8723F
[14:35] Shai : we stopped abruptly at 8762
[14:36] RK : shorts has to go for cover towards close
[14:36] Shai : yes
[14:36] Shai : play for 8913
[14:36] Shai : sl is 8811 next one hour
[14:36] Shai : shorts uner pressure
[14:36] Shai : as BNF over res
[14:37] RK : Shai HDFC levels above 1270 pls
[14:40] Shai : 1312/ 1327
[14:40] Shai : close abv 1272 is bullish and a carry
[14:41] RK : Thanks
[14:42] Shai : Reminder : we meet again here at 4 pm for the webinar
[14:44] Shai : SBIN 306 up 7%- Good show Amit . Thanks 🙂
[14:45] Shai : BNF
[14:47] Amit J : Thanks shai.
[14:50] Shai : 8870
[14:52] Shai : 19610 vpoc of 03/02
[14:52] Shai : nic eplace for price to finish today
[14:55] r m : See you at 4 pm folks, have to take a small break, bye till then 🙂
[14:55] RK : bye RM
[14:57] Shai : Not suggesting long option plays here
[14:57] Shai : Tues is a holiday
[14:57] Shai : so prem decay will be max unless buying March
[15:02] Shai : BNF last 15 mins to run up a 100
[15:02] RK : bulls wont have better chance than this
[15:03] RK : literally no pullback since open for NF
[15:03] Shai : min pull backs actully from 8790
[15:03] Shai : true
[15:03] Shai : 535
[15:04] Shai : the fib guys were watching 0.61 retrace
[15:04] Shai : we have crossed
[15:04] Shai : we wanted 8840 spot, 20 away
[15:05] RK : yes .61-8796 done
[15:07] Shai : yes that 1
[15:07] Shai : 8840 spot value high of last week
[15:11] Shai : profit booking
[15:12] Shai : looks like buyers have had enough
[15:12] Shai : close longs
[15:14] RK : planning for close below ,61?
[15:15] Shai : shuld be safely abv
[15:16] Shai : BNf has come back quite a bit
[15:16] Shai : friday factor
[15:18] Rav : bnf -100 from 19535
[15:19] Rav : 13:49 Rav : 8800pe buying 8900ce selling on
[15:21] Rav : 8900ce selling from 86 is now 64 -covered.
[15:22] Rav : 15% volume exited in nf
[15:23] Shai : taking profits is ok
[15:23] Shai : has been a good run from tues lows
[15:25] Shai : long unwinding rather than short buildup
[15:26] Shai : Most people would start suggesting longs at this weekly close
[15:26] Shai : so longs should come back next week
[15:30] Shai : looking at 20000 next week in BN spot
[15:30] Shai : Bye all
[15:30] Shai : Have a nice evening
[15:30] Rav : Happy week end
[15:30] Shai : I will logoff this session and start a new one at 3.45
[15:31] Shai : we meet at 4 again
[15:31] Porus : Bye all
Date and Time: February 13, 2015 09:27:19[08:57] r m : Good Morning folks!
[08:57] r m : http://vtrender.com/levels-and-plan-for-13th-feb/
[08:58] r m : http://vtrender.com/premium/orderflow-charts-and-notes-1202/
[08:58] r m : NF Key Reference Area (KRA) 8726 UP Hypo1 above 8726➜8772➜8823 DOWN Hypo2 below 8716➜8682➜8633 SL 8725 FEB Future levels
[08:58] r m : BNF KRA 19135 UP Hypo1 above 19135➜19284➜19362 SL 19055 DOWN Hypo2 below 19134➜19050➜18835 SL 19195 FEB Future levels
[08:59] r m : Results today – M&M, SAIL, SBI, Nestlé, HPCL, IOC,MRPL, GSPL, Bosch, Eicher Motors, NBCC, UBL,Pipavav Defence, Relcom
[09:00] r m : Results tomorrow – Sun Pharma, Oil India, HDFC Bank, ONGC
[09:00] RK : Hi RM Good morning 🙂
[09:00] r m : Hi RK 🙂
[09:03] r m : SGX Nifty trading 8768-8795 this morning
[09:06] Porus : GM all
[09:07] Tejpreet : Gm All.
[09:08] Sumit : gm everyone
[09:08] r m : Pre-market suggests NF open above hypo1 level 8772
[09:12] Shai : GM all
[09:12] Sharad : GM all
[09:14] Shai : NF finished in imbalalce yesterday and in a neutral extreme
[09:16] Sharad : No charts ?
[09:16] Shai : be with charts in a min
[09:16] Sharad : fine
[09:18] Kris : Gm all 🙂
[09:20] r m : Hi Kris 🙂
[09:22] Kris : Hi Rm – looks not much advantage for the PE 🙁
[09:22] r m : yes Kris
[09:22] Shai : Please bear – seems to be some starting issues today. working to get it resoved
[09:23] Shai : resolved *
[09:49] Rahul G : kris can we take BN short
[09:49] Rahul G : opena nd high the same for last 30 min
[09:51] Kris : sorry Rahul – was away
[09:52] Kris : yes – I shorted BN now – 19370, SL above IB high.
[09:53] Rahul G : ooh okay thanks
[09:53] Shai : back up
[09:53] Rahul G : thanks shai
[09:53] Shai : starting troubles today
[09:53] Shai : Hope the charts are fine
[09:53] Kris : Shai got his 19365 as well – so, may be he relents back to 19242 atleast 🙂
[09:53] Shai : ?
[09:54] RK : Charts are fine Shai..Thanks
[09:54] Shai : Great. Thanks
[09:54] RK : good volumes at top
[09:56] Shai : good abv pdh
[09:56] Shai : 8807/ 8823/ 8846
[09:56] Shai : a dip in the afternoon if it comes is a great buy
[09:57] Rahul G : shai the delta
[09:57] Kris : @Rm – Shai poured water on all my hopes 🙁
[09:57] r m : 🙂
[10:00] Shai : The delta in the FP chart is now volumes instead of contracts
[10:03] Sharad : Shai if it is in volume then how come odd figure like 58473…. must be in multiple of 25
[10:03] Rahul G : ooh ok
[10:04] Shai : where is 58473?
[10:05] Shai : yes it should be in multiples of 25
[10:05] Shai : in both
[10:05] Porus : must be in ‘000?
[10:05] Sharad : in NF
[10:06] Sharad : 9.30 , 9.45 and total
[10:06] Sharad : even 10 also
[10:07] Shai : should be fine now
[10:07] Shai : at open sometimes some 0 and 1 come
[10:07] Amit J : shai 80% in sbi?
[10:07] Shai : don’t know how
[10:08] Sharad : now perfect shai corrected
[10:08] Shai : below day low is 80% in sbi
[10:09] Amit J : thanks
[10:11] Shai : there is alos the weekly 80% abv 287 to 300
[10:11] Shai : can work today
[10:11] Amit J : ok
[10:12] Shai : BNF retest of 19160 will be good
[10:12] Shai : same in NF a retest of 8724
[10:13] Shai : If that happens and buyers come go for a March 9000 call
[10:13] Shai : Target of successful restest os 9034 spot by feb end/ march 1st week
[10:13] Shai : *is
[10:13] Shai : updated on blog yesterday
[10:28] Varun : kris bnf ib break at 10.25, an abnormality to fill at 19160, outside value ara open..good for an afternoon buy
[10:29] Sharad : Varun if we come back in IB again less then 30 minutes… then buy
[10:30] Varun : even if we come back in afternoon, it will be back in range, reverse trade
[10:30] Varun : like yesterday
[10:32] Sharad : yes but buy above vwap and DPOC today…big result of SBI
[10:33] RK : any idea about SBI result time
[10:33] RK : ?
[10:35] Amit J : by
[10:35] Amit J : buy
[10:35] Shai : sbi
[10:39] Amit J : yes
[10:42] Amit J : but it makes sense to look opportunity in other psu banks to buy
[10:48] Shai : 19277 is vwap of Jan in BN spot
[10:48] Shai : 19320- 19350 spot had high volumes in the selloff
[10:49] Shai : this is the wall of worry for BN
[10:49] Shai : all clear to new highs above these
[10:58] Shai : expected the balance
[10:59] Shai : small tilt below vwap and pdl to downside
[10:59] Shai : best results of hypo1 are when we hit the kra’s
[11:05] Amit J : shai if we hit day high than FA?
[11:05] Amit J : in both
[11:06] r m : yes
[11:06] Shai : yes theoretically
[11:06] Shai : but NF has not really probed down
[11:06] Amit J : thanks
[11:06] Shai : watching 302- 306 in sbi on upsides
[11:06] Shai : can flash to 326 if crossed intra
[11:07] Amit J : so should we wait for anomaly to get clear or buy here for positional
[11:08] Shai : buy in parts
[11:08] Amit J : thanks
[11:08] Shai : rk reward is good even here
[11:08] Shai : sl is yesterday low upside is 300
[11:09] Shai : the problem with going all in here is that we know that anomalies get a vsist
[11:09] Shai : visit*
[11:11] Sharad : Shai i feel if insiders are playing in SBi, results will not come im market hours.. Monday US closed, Greece outcome also on monday plus Dax waiting for 11,000 SPX at 2100
[11:14] Sharad : EUR near it resssitance of 1.15 , Yen 119/120… all waiting for big event next week and all are doing counter trends and stop loss drive in this week
[11:15] Sharad : Nifty and banknofty also counter trend rally whole week… trend is sure down from 20700 and 9000
[11:16] Sharad : what do you say Shai ?
[11:17] Shai : around that 19350 is the test of last week’s seller
[11:17] Shai : Its up down 18200- 20600 roughly in BN
[11:17] Sharad : and about spx ?
[11:17] Shai : no edge
[11:17] Shai : been watching 18200- 18400 weekly
[11:18] Sharad : ok can spx climb 2100
[11:18] Shai : spx headed for new highs
[11:18] Tejpreet : if we close above 19350 spot then aggresive long can be initiated postionally for target 20000spot.
[11:18] Sharad : previous high was 2093 i think
[11:18] Shai : yes
[11:20] Sharad : and USDINr moving around 62.34 major .10 p + or –
[11:20] Kris : (09:53) Kris :Shai got his 19365 as well – so, may be he relents back to 19242 atleast 🙂
[11:20] Kris : Sorry, was out – so could not boast instantly 🙂
[11:21] r m : lol
[11:21] r m : delayed data!
[11:21] Kris : Yep – 19360 shorts covered part at 19260
[11:21] Kris : rest trailing at 19300 above vwap.
[11:21] r m : not bad!
[11:22] Sharad : Shai we fall from 8892 of 5/2 to 8498 on 8/2 in 2 days… and today is 4th day and could not even retrace 75%
[11:24] Sharad : Shai i am talking all this as my position is USDINR long and Nifty 8500 put long
[11:25] r m : 🙂
[11:25] r m : USDINR declared independence from Nifty some time back!
[11:25] Sharad : 8500 put i bot @ 55 sold at 115 and again bot back at 52
[11:25] Sharad : No RM all co related
[11:25] r m : ok
[11:26] Sharad : INR waiting for 63.7 thats what i understand
[11:26] r m : ok
[11:26] Shai : Sharad was looking at data of the fall . we fell from 8994 spot to 8450 below 8623 and now abv 8623
[11:26] Sharad : Remember all Jan i was talking about expiry below 62 from 63.9
[11:27] Shai : but all the contracts were of long liquidation and no shorts created
[11:27] Shai : just like the pre Jan fall
[11:27] Shai : early Jan fall*
[11:27] Sharad : ok so we need to keep watch on 8623 spot right ?
[11:28] Shai : On the 15th the Fii’s put back everthing and we rose exactly from the same levels
[11:28] Shai : see the 16th Jan low with the recent low
[11:29] Shai : I’ll look at shorts now if 8640 cash breaks
[11:29] Sharad : 16 jan low was 8473 futures
[11:29] Shai : right
[11:29] Tejpreet : and BN lvl to watch to short.
[11:30] Shai : Tejprret a close below 19175 spot will mean wekness
[11:30] Sharad : ok and yesterday low 8626 future
[11:31] Shai : yesterday’s auction changed midway
[11:31] Tejpreet : of 8640 and 19175 spot.Thanks.
[11:31] Shai : something similar to an FA
[11:31] Shai : so that’s why yesterday lows are imp
[11:31] Sharad : so sell below 8623 spot or 8655 future 32 premium right..
[11:31] Shai : But 16th Jan low was 8450 spot and 10th Feb 8470 spot
[11:32] Sharad : ok i will keep note of this numbers.
[11:32] Shai : a braod play in the 8450- 9050 zone still
[11:33] Shai : hence one test of highs coming
[11:33] Sharad : ok will see end of day and change postion accordingly
[11:35] RK : Shai HDFC support levels pls
[11:36] Shai : 1235 imm support
[11:36] Shai : 1270 is res
[11:36] Shai : is reange bound
[11:36] RK : Yes not moving..looking for buy..will try if I get 1240
[11:37] RK : wherever Nifty goes, it needs HDFC atleast in one leg
[11:55] r m : big seller at IBH in NF
[11:59] Amit J : FA confirmed
[12:00] r m : yep
[12:01] RK : we are getting bullish confirmation one by one
[12:03] Amit J : wow sbi
[12:14] Sharad : 2 big candles in BNF sellers on top
[12:16] Shai : sbi 303
[12:17] Shai : yes spot is at the sipply point BN
[12:17] Shai : first reaction will be sold off
[12:18] Shai : we have to see how many points
[12:18] Shai : 19378 BN cash
[12:18] Shai : 19365 F is support now
[12:18] Shai : can scale up to 10668 F today at close if seller ges
[12:19] Shai : goes*
[12:19] Shai : 19668*
[12:19] RK : bravo 🙂
[12:21] Sharad : Shai BNF can buy with stop of vwap
[12:21] Shai : yes
[12:21] Sharad : ok
[12:22] Amit J : excellent result sbi. would be rerated
[12:22] Shai : 🙂
[12:22] Shai : BNF continues up till 19350 protected now
[12:22] Shai : reaction from the top is not yet heavy
[12:23] Sharad : 19385 bot
[12:42] r m : 8823 done by NF Hypo target 2
[12:42] Shai : look at 8846 abv 8823 sl of 8799
[12:42] r m : Thanks
[12:43] Shai : sbin calls flying off now
[12:43] Shai : volumes in the 300 and 310 call
[12:44] Shai : BNF green is from 11.00 am and all long buildup
[12:45] Shai : cross of 19432 adds momentum
[12:45] Shai : anyone remembers that 8710 huge algo yesterday?
[12:45] Shai : up 110 points now
[12:46] RK : 1.6 l at top
[12:46] Shai : yes
[12:46] RK : Lac
[12:46] Tejpreet : yes was about to ask you abt it
[12:47] Shai : first attept at 8821 saw this another seller
[12:48] Shai : 259850 12. 00 noon candle
[12:48] Shai : looking to see if he is adding up
[12:57] Shai : buyers in BNF
[12:57] RK : seems 8821 seller adding up
[12:58] Shai : yes
[12:58] RK : he holds the key for 8846 gate
[12:59] Shai : still adding
[13:00] Shai : BNF just the opp
[13:00] RK : can wait for 8840 spot ?
[13:01] Shai : oh yes
[13:01] Shai : but looks like Mon
[13:02] RK : yes with 8770 PDH SL
[13:02] Shai : back to 19377 spot
[13:02] Shai : supply
[13:02] Shai : positinal player
[13:02] Shai : has to add or reduce here
[13:03] Varun : what is nf vwap ?
[13:03] Shai : 8791
[13:03] Varun : k thanks
[13:06] Shai : 19460
[13:06] Shai : lighten up and can buy on dip again
[13:06] RK : 19370S got seller
[13:06] Shai : can come to 19400
[13:07] Rav : wipro 647 booked at 665.10
[13:08] Shai : Price is right there (11:06) Shai :watching 302- 306 in sbi on upsides
[13:08] Shai : Nice Ravi +1
[13:10] Kris : @Shai – that 2.9L negative – is it seller leading it?
[13:12] Shai : yes – rise sold intp
[13:12] Shai : into*
[13:13] Shai : See in BNF some 1 took a nice 70 points from 19400
[13:13] Shai : (12:57) Shai :buyers in BNF
[13:14] Shai : all we are doing here is watch green below and red above to qualify the trade
[13:14] Kris : So, you either get 9K or back to 8500 then!
[13:14] RK : Shai we are also in that nice 70 points gang actually more than that 🙂
[13:15] RK : once we see that fat seller we just hit market cover orders ..new FP chart 🙂
[13:16] Rav : 8700-8800ce and its PE oi not convincing nifty to be traded away from 8800 for long time
[13:16] Shai : based on that 18450 seller at 13.05- (13:06) Shai :can come to 19400
[13:16] RK : my criteria is above 50K for NF and above 15K for BNF.when I see this nos, if am in good profit will go for intra cover
[13:16] Shai : back longs at IBH with sl of vwap
[13:17] Shai : tgt is 19610/ 19647 by close if vwap stays
[13:17] Shai : Right Track RK
[13:17] Shai : Hope to elaborate in the webinar on the same
[13:18] Rav : 8700-8900 ce oi:1.02 cr pe oi:0.74 cr
[13:18] Kris : @Shai – please record it – and host it in VT premium please.
[13:18] Shai : ok
[13:18] Kris : I intend to attend – but – looks an unexpected meeting might spoil it 🙁
[13:22] Shai : ok
[13:23] Shai : Fresh longs can also be taken in BNf when that short is moved out abv 19470
[13:23] Shai : In NF buyers seem to be coming back
[13:24] Shai : nothing major yet
[13:24] Shai : we are going for 8846 with sl of 8799
[13:27] RK : Shai If we go for SBI long above day high, what can be SL for intra?
[13:29] Shai : 298 but 292 better
[13:29] Shai : think intra obj done
[13:29] RK : thanks
[13:29] Shai : but positional is still there
[13:29] RK : fine
[13:29] Shai : outside chance of 312 in intra
[13:29] Varun : nf wap not showing grph ? what is nf wap
[13:29] Shai : very less
[13:29] RK : got it
[13:30] r m : 8797
[13:45] Varun : what is bnf wap?
[13:48] r m : 19358
[13:48] r m : may differ a bit from the charts here
[13:49] Rav : 8800pe buying 8900ce selling on
[13:56] RK : pink
[13:58] Rav : 30 deg slope needed
[13:59] RK : yes..
[14:00] Rav : came in
[14:00] RK : now volume check for confirmation
[14:01] Varun : what is nf wap?
[14:01] r m : 8801 +- a few points here
[14:01] r m : 🙂
[14:03] Shai : sellers coming in BNF
[14:03] Shai : price needs to get past that 19370 spot
[14:04] Shai : 8818 dvah in NF will try to keep bears back
[14:04] Shai : 19400 in BNF’
[14:05] Shai : both are pink overhead so that’s a worry for bulls
[14:06] Rav : 45 deg in nf and bnf slope
[14:13] Shai : a close at the highs today is the most probable outcome
[14:15] r m : ES seems quite happy – http://screencast.com/t/2xZoJrAmg
[14:18] RK : 19460 seller strong
[14:18] RK : not giving way
[14:19] Shai : yes positional player there
[14:19] Shai : could have covered at lows some and maybe holding balance positions here daily close
[14:19] Shai : have to see big greens here to know he is cobering
[14:19] Shai : covering*
[14:24] Rav : 38% short covering happened both in nf and bnf uniformly thus far
[14:25] Shai : from the lows?
[14:25] RK : HDFC slowly moves up
[14:25] Shai : bulls working on the teory that if they keep it here, te bear will cover
[14:25] Shai : theory*
[14:26] RK : HDFC?
[14:27] Rav : LBU
[14:28] Rav : Nify will shootup but if some heavy weights got hammered will be balanced
[14:28] Shai : 19500
[14:28] Shai : another 100 required
[14:30] Amit J : looks like a trend day. day high close?
[14:32] Shai : yes
[14:32] Amit J : do you see test of anomaly in next 1-2 days
[14:32] Shai : from here expecting 8920 on Mon
[14:32] Shai : F
[14:33] Shai : Mondays are difficult to tell in afternoon
[14:33] Shai : let’s see what happens in IB there
[14:34] Shai : I would have actually liked a dip in the orning today to make the base stronger for a 300 pnt jump
[14:34] Shai : but then market knows best 🙂
[14:35] RK : dips are enough Shai 🙂
[14:35] RK : throughout couple of weeks
[14:35] Shai : No I meant that dip to 8723F
[14:35] Shai : we stopped abruptly at 8762
[14:36] RK : shorts has to go for cover towards close
[14:36] Shai : yes
[14:36] Shai : play for 8913
[14:36] Shai : sl is 8811 next one hour
[14:36] Shai : shorts uner pressure
[14:36] Shai : as BNF over res
[14:37] RK : Shai HDFC levels above 1270 pls
[14:40] Shai : 1312/ 1327
[14:40] Shai : close abv 1272 is bullish and a carry
[14:41] RK : Thanks
[14:42] Shai : Reminder : we meet again here at 4 pm for the webinar
[14:44] Shai : SBIN 306 up 7%- Good show Amit . Thanks 🙂
[14:45] Shai : BNF
[14:47] Amit J : Thanks shai.
[14:50] Shai : 8870
[14:52] Shai : 19610 vpoc of 03/02
[14:52] Shai : nic eplace for price to finish today
[14:55] r m : See you at 4 pm folks, have to take a small break, bye till then 🙂
[14:55] RK : bye RM
[14:57] Shai : Not suggesting long option plays here
[14:57] Shai : Tues is a holiday
[14:57] Shai : so prem decay will be max unless buying March
[15:02] Shai : BNF last 15 mins to run up a 100
[15:02] RK : bulls wont have better chance than this
[15:03] RK : literally no pullback since open for NF
[15:03] Shai : min pull backs actully from 8790
[15:03] Shai : true
[15:03] Shai : 535
[15:04] Shai : the fib guys were watching 0.61 retrace
[15:04] Shai : we have crossed
[15:04] Shai : we wanted 8840 spot, 20 away
[15:05] RK : yes .61-8796 done
[15:07] Shai : yes that 1
[15:07] Shai : 8840 spot value high of last week
[15:11] Shai : profit booking
[15:12] Shai : looks like buyers have had enough
[15:12] Shai : close longs
[15:14] RK : planning for close below ,61?
[15:15] Shai : shuld be safely abv
[15:16] Shai : BNf has come back quite a bit
[15:16] Shai : friday factor
[15:18] Rav : bnf -100 from 19535
[15:19] Rav : 13:49 Rav : 8800pe buying 8900ce selling on
[15:21] Rav : 8900ce selling from 86 is now 64 -covered.
[15:22] Rav : 15% volume exited in nf
[15:23] Shai : taking profits is ok
[15:23] Shai : has been a good run from tues lows
[15:25] Shai : long unwinding rather than short buildup
[15:26] Shai : Most people would start suggesting longs at this weekly close
[15:26] Shai : so longs should come back next week
[15:30] Shai : looking at 20000 next week in BN spot
[15:30] Shai : Bye all
[15:30] Shai : Have a nice evening
[15:30] Rav : Happy week end
[15:30] Shai : I will logoff this session and start a new one at 3.45
[15:31] Shai : we meet at 4 again
[15:31] Porus : Bye all