General Chat Transcript
Date and Time: June 18, 2015 09:18:03
[08:48] r m : Good Morning folks!
[08:48] r m : http://vtrender.com/levels-and-plan-for-18th-june/
[08:49] r m : http://vtrender.com/premium/orderflow-charts-and-notes-170615/
[08:49] r m : http://vtrender.com/option-values-dt-160615-2/
[08:49] r m : Nifty JUN Future levels | Key Reference Area 8049 | Hypo1 below 8049➜8020➜7983 SL 8078 | Hypo2 above 8106➜8135➜8184 SL 8066
[08:49] r m : Banknifty JUN Future levels | KRA 17450 | Hypo1 above 17606➜17669➜17790 SL 17528 | Hypo2 below 17450➜17378➜17330 SL 17556
[08:56] Manoj : Good Morning RM
[08:56] Manoj : Good morning Shai
[08:57] Dharamveer : Gm all
[08:57] r m : Hi Manoj
[08:59] Hemant : GM folks
[08:59] Shailesh : GM all
[09:00] Shai : GM all
[09:00] Manoj : Good morning all
[09:04] Kathir : GM Shai RM al friends
[09:05] Sudhakar : GM shai,RM &All
[09:05] Moses : GM All
[09:05] r m : Hi Kathir, Sudhakar
[09:05] Tejpreet : GM All.
[09:06] r m : (*** Private to Kathir ) Namaskaaram Chotte bhaiyya 🙂
[09:07] Ashish : Gm all
[09:07] Shai : Context still 8050- 8060 for the rest of this week
[09:07] Shai : till that breaks no weakness
[09:07] Venkatesan : gm shai, rm and friends
[09:07] Shai : upsides at 8138/ 8186 F
[09:07] Ravi Chahal : GM all
[09:08] Shai : BNF still largely inside last week’s range
[09:08] Shai : even NF right now
[09:08] Shai : we will again look to see if BNF amanges abv monday’s spike highs
[09:08] Ashish : Shai, USD/INR opened gap down.. please advise support levels.
[09:08] Manoj : shai sir do u feel we will get any good and trend day (up or down) itraday soon
[09:08] Shai : THose 8000 puts we have to cut at the open if we are above 8060 F
[09:09] RK : GM Shai,RM and all
[09:09] Manoj : itraday=intraday
[09:09] r m : Hi RK
[09:10] Shai : usdinr 63.88 supp
[09:10] Ashish : Thanks Shai..
[09:10] Shai : trend turns weak below 63.88 toay
[09:10] Shai : 64.21 short term res now
[09:10] Ashish : Got it shai
[09:11] John : GM all
[09:12] Soumya : Good Morning Friends
[09:13] Naveen : V Gm
[09:14] Shai : Pre market is a strong open
[09:14] Shai : I’m bullish abv 8085 with sl of 8055 for 8118 ( yesterday sellers)
[09:14] Shai : they should get tested at ths open
[09:16] Augustin : Shai – Can enter 8000 PE at 36 for a dip?
[09:17] Augustin : CE/ PE at Resistance/ Support
[09:17] Shai : No Aaugustin exit
[09:17] Augustin : Ok
[09:18] Shai : Buy NF in 2 parts 8106 here and at 8085 sl of 8050 tgt 8135/ 8185
[09:18] Ravi Chahal : PE that were carried from yesterday.. exit or hold?
[09:18] Shai : exit
[09:18] Ravi Chahal : ok
[09:19] Shai : BNF probing VAH
[09:21] Shai : If w edon’t get a fill at 8085 in the IB we will add abv 8135 after 11
[09:22] Shai : for now immediate obj is 8135 and we track it from there
[09:24] Varun : Shai lvn still has strength after 2 rejections?
[09:24] Manoj : shai sir u told abt axis it has resistance @ 555+ is it still valid
[09:25] Shai : which LVN?
[09:27] Varun : lvn + 8138
[09:27] Shai : yes has to cross abv
[09:28] Shai : yes axis cash 556.4 res
[09:28] Tejpreet : Shai part book Nifty now.
[09:29] Shai : yes part book NF
[09:29] Manoj : can we take a intra short in axis in cash
[09:29] Shai : Axis intra day dtrong now till abv 552 – dont attempt new shorts
[09:29] Manoj : ok
[09:29] Shai : keep trigger below 552 tgt 645
[09:29] Shai : 545*
[09:29] Manoj : ok thanks
[09:31] Shai : some selling coming in
[09:31] Shai : looking at a buy in BNF round 17620 for 17720/ 17780 with a 40 pont stop
[09:31] Ashish : Sellers of 11th morning.
[09:34] Shai : important zone this LVN
[09:34] Shai : if sellers don’t respond here we will see 8260/ 8300 tom close
[09:35] Ashish : Shai, 8142 buyers, 8140 sellers… seems a fight going on here
[09:36] Shai : yes positionals should act here
[09:36] Shai : Keep sl at 8105 in NF for bal qty
[09:36] Kathir : @shai so we see either 8910 or 8260 from here?
[09:36] Kathir : 7910
[09:36] Varun : Shai do let us know if u feel sellers are responding or coming back
[09:37] Shai : 7900 only when 8050 breaks
[09:37] Shai : sellers are here
[09:38] Shai : 2 big sellers at 8140
[09:39] Manoj : axis below 552 in cash can we sell
[09:39] Dharamveer : where is down if vwap breaks
[09:40] Shai : yes Manoj same sl 856
[09:40] Shai : Now in NF 8104 supp
[09:40] Shai : below that can see 8060 again
[09:40] Shai : all we do now is watch vwap for control
[09:41] Manoj : thanks
[09:41] Shai : buyers remain in control abv vwap
[09:44] Manoj : sold @ 552.65
[09:44] Manoj : shai sir is it a high conviction trade??
[09:44] Sreedhar : can we go for positional shorts here..
[09:44] Tejpreet : Shai short in nf at 8147 put sl as 8165 or you can suggest any other.
[09:45] Hemant : Chart no updating?
[09:45] Hemant : It is but slowly it seems
[09:46] Kathir : yes hemant
[09:47] Ashish : charts stuck
[09:49] Manoj : yes chrts stuck
[09:51] Suyash : shai does this look like a pure trend day up?
[09:53] Kathir : charts ok
[09:55] Varun : looking for a pink here
[09:55] Varun : else all fine
[09:55] Varun : pink here good give a thump
[09:55] Varun : could
[09:56] Vikkas C : shai can u pls pull the 5mins chart a bit down pls
[09:56] Sreedhar : pink can come only below vwap?
[09:56] Shai : charts stuck?
[09:57] Manoj : yep
[09:57] r m : charts ok
[09:57] Ashish : workiing now
[09:57] Shai : No shorts till vwap breaks
[09:57] Varun : ya working fine, stops for few seconds
[09:57] RK : Shai LIC 430-432 band can pause this move up?
[09:57] Shai : ok
[09:57] Vivek K : shai view on engineers india pls, breakit out of a good base
[09:57] Sreedhar : BNF resistance?
[09:58] Manoj : shai as per option OI data axis banks also looks weak
[09:58] Varun : shai cn we lower them as in cant see top fiugres
[09:58] Shai : 17790/ 17830 res BNF
[09:58] Kathir : @sreedhar not necessary
[09:58] Shai : scaling up
[09:58] Sreedhar : Thanks..
[09:59] Varun : shai cn u explain the 9.40 candle
[10:00] Varun : a bit
[10:00] Varun : so many buyers and negative-neutral delta below
[10:00] Shai : lic 436 may resist
[10:00] Tejpreet : Shai the pink green OF parameters are system generated or you have tweaked them.
[10:00] Varun : was someone sleeing to these buyers
[10:00] RK : thanks
[10:00] Varun : selling
[10:02] Shai : enginers good move
[10:02] Shai : watch 223.7
[10:03] Shai : beyond that 236 certain
[10:03] Shai : Tejpreet all system gen
[10:04] Dharamveer : Is it a euphoria of retail buying at the bottom at 7940 as it was year low
[10:04] Shai : 8128 buyer is the supp npw
[10:04] Tejpreet : Of is good one.Thanks.
[10:04] Shai : we will now wait for IBH break for new purchses
[10:05] Shai : this mkt strength will be tested by it’s ability to go abv IBH
[10:05] Shai : and of course stay abv vwap
[10:09] Kathir : @tej any news for enginersind?
[10:10] Varun : shai the green has gone abv the screen
[10:10] Tejpreet : No Kathir …just got aware about the stock from Shai.
[10:11] Kathir : ok thanks
[10:11] Shai : vwap test
[10:15] Shai : sllers active again
[10:19] Shai : Buy BNF 17670 sl of 17595 tgt 17730/ 17780
[10:20] Shai : we will keep an order to buy NF abv 8155 sl of 8135 tgt 8185
[10:24] Shai : this buying again from 8100 levels looks like retail buying
[10:25] Shai : the sheet of OI at close should show large retail longs
[10:27] Augustin : Shai – Can buy 8200 CE above day’s high?
[10:28] Dharamveer : what is teh thick blue line at 8130
[10:29] Shai : dpoc
[10:29] Shai : yes can buy ce
[10:29] Augustin : Tks
[10:29] Dharamveer : but on second chart it shows dpoc at different value
[10:30] Dharamveer : 8142
[10:30] Augustin : T1 for 8200 CE is 63?
[10:31] Kathir : 60.3 if nf goes to 8185 today
[10:31] Augustin : Ok. Tks
[10:32] Shai : 8140 is the correct one
[10:32] Shai : it is more market representative
[10:32] Shai : in the 5 min chart those 2 large orders near 8130 have skewed it a bit
[10:33] Shai : but mkt volume is more at 8140 now
[10:34] Shai : 8200 ce good abv 33 all day
[10:34] Shai : tgt 55/ 58
[10:35] Shai : get better if weekly close ab 51
[10:35] Augustin : Ok. Thanks
[10:37] Tejpreet : Shai Dish tv came back to 112 lvl is it a short now.
[10:42] Shai : Nifty plan : http://screencast.com/t/mD4spfJcLRh
[10:43] Shai : BN weekly plan : http://screencast.com/t/JOOogykS2u
[10:44] Shai : 8135 spot to watch
[10:44] Shai : give 15 points of filter to 8120 spot on closing
[10:44] Shai : a close abv that assures us 8260 spot again
[10:44] Shai : BN spot 17790- 17820 ref area
[10:45] Shai : right there now
[10:45] Shai : let orderflow take over
[10:45] Suyash : shai book half banknifty here?
[10:45] Vivek K : today has been harbhajans day
[10:46] Shai : dish not a short
[10:46] Shai : was expecting consolidation here yesterday
[10:46] Shai : but intra day momentum was strong to take it up higher
[10:47] Shai : watch 111 if looking for a quick sclap
[10:47] Shai : then 108/ 107 can come but only intra
[10:47] Tejpreet : Thanks that is what i am looking for quick scalp.:)
[10:48] Shai : sl now cost as it is vwap : 10:23 Shai : (10:19) Shai :Buy BNF 17670 sl of 17595 tgt 17730/ 17780
[10:49] Shai : NF getting buyers again
[10:49] Shai : should push out shorts and run to 8185 at least intra
[10:55] Kathir : @shai – 09:34 Shai : if sellers don’t respond here we will see 8260/ 8300 tom close
[10:55] Shai : yes
[10:55] Shai : closing basis : (10:44) Shai :give 15 points of filter to 8120 spot on closing
[10:56] Kathir : ok thanks
[10:57] Shai : Yes Suyash
[10:57] Shai : always book near tgt 1 at least half
[11:00] Suyash : ok shai
[11:01] Vivek K : whats with harbhajan? 973
[11:02] Vikkas C : bhajji seems to trgt 1000-1020
[11:02] Vikkas C : watta muve
[11:02] Vikkas C : move
[11:02] Soumya : ni signs of sellers whatsoever
[11:02] Soumya : *no
[11:02] Dharamveer : is it a short covering rally
[11:10] Kathir : @shai do you see any upside trgt above 8185 today?
[11:12] Shai : breaking 8185 may be difficult today
[11:13] Shai : Dharmaveer yes short covering + buying by retail
[11:13] Dharamveer : what does almost most of the 15 min bar delta giving negative delta denote
[11:13] Soumya : So Shai OTF is not participating as buyers in this rally?
[11:14] Soumya : I was checking the FII data – they have continuously added net shorts
[11:14] Soumya : Does that mean that we might go to 8000 again after some time?
[11:15] Sreedhar : + 1
[11:16] Shailesh : sellers??
[11:21] Shailesh : Shai last half n hour sellers are coming or profit booking ?
[11:31] Shai : shailesh sellers also there
[11:31] Suyash : @shai – are call IVs lower than normal ?
[11:34] Shai : Iv’s have falled for both calls n puts today
[11:34] Chetan : sl for 8155 buy shai
[11:34] Shailesh : ok shai..thanks
[11:35] Suyash : ok shai
[11:36] Shai : just below 8135
[11:37] Ravi Chahal : sl for bnf, 17670?
[11:38] RK : both buyers and sellers trying their best at vwap
[11:38] Shai : yes exit BNF is 17670 breaks
[11:39] Shai : BNF finding more selling abv 17730
[11:39] Shai : if price comes back to 17730 again we will exit full position
[11:45] Shai : be back in a few mins..
[11:53] Vikkas C : what is the significance of a P shaped profile ?
[11:53] Hemant : Whats going on here? OF is all red. NF holding?
[11:54] r m : P shape generallly means short covering
[11:54] Hemant : RM DD needed 🙂
[11:55] r m : 🙂
[11:56] Vikkas C : @RM any significance of it as to where it appears ..like in this rally it is appearing ryt at the top from 7931
[11:56] Soumya : rm – pink line red delta but nifty holding. what does this signify?
[11:57] r m : @Soumya, red delta means more aggressive (market) sellers than market buyers
[11:57] r m : but limit buyers may be there, they won’t show in delta but will keep NF up nonetheless
[11:58] Soumya : means sellers are using market orders and buyers might be using limit orders so not getting refected
[11:58] Varun : rm looking for a green here, give me green
[11:58] r m : @Vikkas, I know only elementary things, Shai or Varun can throw more light on it 🙂
[11:59] Varun : wht vikas u wanna know ?
[11:59] Kathir : @VARUN ask RM to bring his FII friends
[11:59] Varun : here comes the green
[11:59] Varun : boom
[11:59] Vikkas C : (11:56) Vikkas C:@RM any significance of it as to where it appears ..like in this rally it is appearing ryt at the top from 7931
[11:59] Varun : wht appears ?
[11:59] Vikkas C : P shaped profile
[12:00] Kathir : @varun lightning response from RM for you 🙂
[12:00] r m : P shaped profile
[12:00] Varun : i take p shape, as in after a p shape if i get break down from val it was a trap
[12:00] r m : @Kathir 🙂
[12:01] Vikkas C : varun ? disappeared again ..tuff to catch hold of this guy :p
[12:01] r m : @Kathir even y messages are appearing 1 minute late, lightning may also get delayed 🙂
[12:01] Varun : we have made higher values
[12:01] Varun : evryday
[12:01] Varun : why to think of shorts
[12:01] Kathir : 🙂
[12:02] Ravi Chahal : bnf tgt hit
[12:02] Ravi Chahal : ?
[12:02] Sreedhar : longs have gone on stairs .. shorts use elevators..
[12:02] Varun : a trade to test for chat room
[12:02] Varun : if a failed auction fails, its a boom
[12:02] RK : VWAP held twice,dVAL rejected, stop loss around LVN+filter saved for intra longs..what else required for a push 🙂
[12:03] r m : Varun’s Hee Ho 🙂
[12:03] Varun : we had a poor high, we just rested before the next push rk
[12:03] RK : yeah poor high point missed 🙂
[12:04] Varun : can someone guide me with vix
[12:05] Varun : if vix falls we dnt break extremes
[12:05] Sreedhar : failed failed auction? at what point?
[12:05] Varun : is this true
[12:05] Varun : 57 +8
[12:05] Varun : sreedhar
[12:05] Sreedhar : from last week?
[12:06] Varun : if vix falls we dnt break extremes @shai
[12:08] r m : vix is 4% down, why expecting IB break to succeed then?
[12:08] Kathir : @RM where is PR2 in NF
[12:09] Varun : i forgot the ?
[12:09] Varun : rm 😉
[12:10] Kathir : @RM 4% down this week you mean?
[12:12] r m : PR2 8257
[12:12] Kathir : ok thanks
[12:12] r m : vix down 4% today
[12:12] Varun : i am with you bulls till u dnt turn pink this time, get out of this congestion zone for god sake
[12:12] Kathir : 🙂
[12:13] Varun : a 137000 buyer cannot break highs then who will
[12:13] Varun : its increasing as i write
[12:13] Varun : 153
[12:14] Varun : if he doesnt break the high, he could get trapped
[12:14] Varun : 160
[12:14] r m : @Kathir, I am getting disconnected 🙁
[12:14] Kathir : ok no problem
[12:14] r m : PR2 857
[12:14] r m : PR2 8257
[12:15] r m : vix is 4% down today, maybe 5%, my calculation was on fingers 🙂
[12:17] r m : -4.70 % on nse (from horse’s mouth) 🙂
[12:17] Kathir : ok thanks RM
[12:17] r m : welcome jee 🙂
[12:18] Varun : so much i had to struggle to convince him to brek the high by 2 points
[12:18] Varun : grrrrr
[12:18] Varun : 😉
[12:19] r m : @Varun, just imagine the number of passive sellers not showing up in delta 🙂
[12:19] Kathir : lol
[12:19] Sreedhar : if 173175 cant, then
[12:19] Kathir : oneralldelta is -2.1 l
[12:19] Varun : this is not looking good
[12:19] Varun : for short term
[12:19] Varun : tiring move
[12:20] r m : I think Shai had already asked to exit BNF longs at 17730
[12:20] r m : (11:39) Shai :if price comes back to 17730 again we will exit full position
[12:20] Shailesh : nifty unable to move above 8160 spot levels
[12:21] Kathir : @shreedhar only DD challengers can do it now
[12:21] Varun : dd finish at bottom of ipl evertime
[12:21] Varun : wht will thy do 😉
[12:21] r m : @Shailesh, seeing Varun’s determination I guess NF will 🙂
[12:22] Kathir : bnf clear not able to move much above LVN 17723
[12:22] r m : @Varun, maybe they should be renamed DM – Delhi Moles 😀
[12:22] Varun : 😉
[12:22] Kathir : @varun mumbai?
[12:23] Manoj : based on option OI i m with varun & even my system says 8266 on spot next halt
[12:23] Shailesh : RM may be 🙂
[12:24] Kathir : @manoj aftennon session will make sure that
[12:24] Shailesh : options suggesting nifty will not move below 8100 even in intraday..
[12:24] Varun : delhi
[12:24] Kathir : ok varun..so your home team is not performing 🙂
[12:25] Varun : thts why said so
[12:25] Kathir : @shailesh Shai view nifty spot close above 8135 spot confirms 8260 – 300 tomrw
[12:26] Kathir : @varun but the coolest owners ther are..
[12:27] Tejpreet : Maybe the bulls get the push with europe opening green now.
[12:27] Kathir : @RM I thought this IB high will give atleast 15 points from there..only two points 🙁
[12:28] r m : @Kathir, yeah very miserly NF 🙂
[12:28] Varun : coll as in company on verge of bankcruptcy
[12:28] Varun : and thy partying 😉
[12:28] Varun : cool
[12:28] Varun : need a refresh of data from shai
[12:28] Varun : something a miss here in 25 min
[12:29] Varun : 15 min
[12:30] Porus : wonder why nf, bnf are at discount to spot?
[12:31] Kathir : bnf testing vwap again
[12:32] Shailesh : @Kathir 🙂
[12:32] Varun : is shai back ?
[12:32] Shai : es am here
[12:32] Varun : shai a refresh of tick
[12:32] Shai : Let’s exit the NF longs here
[12:33] Varun : 173000 buyer
[12:33] Varun : cldnt push the price by 3 points
[12:33] Shai : possibility of a dip down to 8130 or even 8105 is here
[12:34] Shai : refreshing data..
[12:34] r m : axisbank moving down
[12:36] Shailesh : sellers
[12:36] Shailesh : @Shai..grt
[12:37] Shai : BNf weakening
[12:37] Dharamveer : where will it head to
[12:39] Dharamveer : Shai so its all Green on top willbe forced to liquidate if the vwap is broken
[12:41] Shai : BNF broken vwap hence weaker
[12:42] Shai : early morning context was protect vwap and take out IBH
[12:42] Shai : 1 has happened in NF and second not
[12:43] Shai : so a dip is needed to see if buyers come or shorts cover
[12:44] Hemant : Angela Merkel addresses German parliament
[12:44] RK : TTM returned from weekly resistance missing my sell order by 15 paisa..When people are fighting for millions, am stuggling with this 10 paisa trigger misses 🙂
[12:45] Hemant : lol @RK
[12:45] RK : bought at 432 and sell order was at 443.90 🙂
[12:45] Kathir : lol RK
[12:46] Varun : vwap bachao yojana since morning
[12:46] Varun : 😉
[12:46] Varun : 3 attempts at vwap since morning
[12:47] Shai : yes locked vwap and IBH
[12:47] Shai : last week highs are here too
[12:48] RK : 8163 and 17822 spot high of last week
[12:49] Dharamveer : so howmany Sl orders could be there at 8160
[12:51] Hemant : Selling NF
[12:52] RK : LIC fallen from 435 🙂 @Shai
[12:53] RK : NF is moving only by SLs it seems 🙂
[12:54] Hemant : Out hunting? 🙂
[12:55] Hemant : Seller looks determined for now.. lets see how much longer can he hold on
[12:57] Hemant : 2 point drama unfolding 😛
[12:57] Kathir : @hemant like a miracle nf delta jumped to + 3 l from -2.8 lakh..if it comes to negative again then seller dominates
[12:59] Hemant : This keeps us hooked for now
[13:01] Shai : NF trying to climb abv IBH
[13:01] Manoj : shai i sold @ 8157 very small qty just as a punt shuld i hold or exit
[13:03] Hemant : Merkel ends speech, says want Greece to stay
[13:05] Hemant : Buyers look adamant to have it their way
[13:06] Dharamveer : can we expect bigbears at 8185
[13:06] Tejpreet : But the question is does Greece want to stay 🙂
[13:06] Kathir : lol Tel
[13:06] Shailesh : Merkel effect
[13:06] Kathir : tej
[13:06] Varun : shai sellers or stop loss triggers
[13:06] Varun : 2-2 lac each
[13:07] RK : Varun looks only part or stops and rest are new sellers
[13:07] RK : *part are
[13:07] Varun : thanks rk
[13:08] Soumya : zerodha nifty at 8170 – here it is 8157?
[13:08] RK : Soumya 8157 where?
[13:08] r m : SD3 band at 8184 on my chart!
[13:09] Shai : Manoj 8185 sl
[13:09] Shai : but shorts not looking good
[13:10] Shai : No this is not a market to short today per MP
[13:10] Manoj : i exited @ cost cozz it was just a punt
[13:10] Shai : but yes upmove lackibg the conviction we know of
[13:10] Manoj : thanks 4 updating
[13:11] Shai : I thought we will get one dip to buy down at 8107 even 8128 but that is not come also
[13:11] Rajat : shai is this some sort of a buy climax ( everyone who had to bought has bought)
[13:11] Shai : No Rajat
[13:11] Rajat : ok
[13:11] Kathir : charts updating?
[13:12] Tejpreet : Shai aren”t the call cheap 8200 ruling at 46 when spot is 8170 with still a week to go.
[13:12] r m : @Tejpreet, VIX below 16
[13:12] Tejpreet : yes vix collapsed today.
[13:13] Shai : auction is actually on the right path to 8260 spot but the move is not giving the conviction that it should be bought heavily
[13:13] Hemant : 8100 PE has swapped places with yesterday’s 8000 PE
[13:15] RK : Varun 2 x 2 lac red gone 🙂
[13:15] Tejpreet : Means SC .
[13:16] RK : obviously
[13:18] RK : maybe positional shorts are giving up slowly above that 8145 zone said by Shai
[13:18] Varun : shai is 8160 an extension handle
[13:19] Shai : 8155 is
[13:20] Varun : so break below ib, bulls hsould be out
[13:20] Varun : or waittill vwap
[13:20] r m : every now and then BNF starts running back!
[13:20] Porus : shai, what is an extension handle?
[13:20] Shai : vwap
[13:20] Varun : k thnks
[13:20] Shai : one seller has entered 8175
[13:20] Varun : shai 8176
[13:21] Varun : u remember
[13:22] Shai : that was 8196?
[13:22] Chetan : price going up delta complete ged whats happning shai??
[13:23] Varun : ok ok
[13:23] Shai : Chean selling cming at highs
[13:23] Shai : Chetan*
[13:23] Varun : i read 8126 as 8176 thinkingit to be an anomaly
[13:23] Varun : 😉
[13:23] Shai : @Chetan : (13:13) Shai :auction is actually on the right path to 8260 spot but the move is not giving the conviction that it should be bought heavily
[13:23] Shai : happens sometimes
[13:23] Hemant : Shai new or old sellers?
[13:24] Shai : that we will know only on OI
[13:24] Hemant : Ok
[13:26] Shai : BUy NF 8162 (50% qty) sl of 8142 tgt 8185/ 8207
[13:26] Hemant : Europe’s stock markets are in the red again, despite Merkel’s pledge to keep working towards a Greek deal.
[13:26] Shai : working on close at highs based on thsi auction today with sl below vwap
[13:30] r m : @Shai, extension handle term used for Value Area extensions or Range extension?
[13:31] Shai : for intra day IB is value
[13:31] Shai : bit it is extension away from value
[13:31] r m : ok, thanks
[13:36] Vikkas C : shai at what lvls do think one shud start to accumulate puts
[13:39] Shai : today’s close buy a small qty
[13:39] Shai : and balance closer to 8260
[13:40] Vikkas C : ok thanx
[13:42] Hemant : Shai, bought a lot of 8000 PE at 19 🙂 experimental trade of this series for a small risk.
[13:43] Shailesh : green turned pink..Shai wht to do ?
[13:45] Kathir : @shai can we short below IB high now with pink for vwap trgt ?
[13:46] Srini A : NF discount is widening
[13:51] r m : axis bank shot u
[13:51] r m : shot up
[13:51] r m : guess BNF’s achhe din are here 🙂
[13:52] Dharamveer : rm can we expect this to be like the otherday shortcovering her nextday opened few ticks above and droppeddown rapidly
[13:53] r m : @Dharamveer, possible
[13:55] RK : Axis was in 10 points range for last 4 days..If it clears high with conviction, it may be next LIC,TTM 🙂
[13:56] r m : Thanks RK, will keep its chart handy for stealing 2 points a day 🙂
[13:58] RK : Remember Shai’s 542 positional stop was almost saved and its up since then
[13:58] r m : ok
[13:59] Kathir : usd/inr broke shai’s support and fell down
[13:59] r m : that is nearing 2IB
[14:00] Kathir : ok
[14:00] Varun : rm whn will we do a 2ib in nifty, its been days
[14:00] Varun : drive in morning and then wait for the entire day
[14:00] Manoj : actually even i had same question (14:00) Varun :rm whn will we do a 2ib in nifty, its been days(14:00) Varun :drive in morning and then wait for the entire day
[14:01] r m : Drive, picnic, siesta and then ? 🙂
[14:01] RK : Maybe when we all together exit position at target 1 :))
[14:03] Kathir : 🙂
[14:03] Varun : weather not good for picnics
[14:04] r m : @Manoj, NF has been doing 2IB regularly these days, only in the last hour though 🙂
[14:04] r m : http://screencast.com/t/wltg7uC4mny
[14:05] Vikkas C : WHATS 2IB
[14:06] r m : double the first hour range 🙂
[14:06] r m : easy terms
[14:06] Vikkas C : LOL..THANX RM
[14:08] r m : welcome
[14:13] Venkatesan : rm sterday (nse site)NF OI change is 94875 and BNF OI change is -80950 so net oi change is 13925, your data show s 15355 , diff why?
[14:14] r m : will check
[14:14] Venkatesan : ok thank u
[14:22] r m : @Venkatesan, looks OK here http://screencast.com/t/rbFnkze5x
[14:22] r m : which sheet you refering to?
[14:23] Varun : whts vwap
[14:23] r m : 8146 on my chart
[14:23] Varun : thanks rm 🙂
[14:23] r m : welcome
[14:25] r m : OK, OIShift will show the change in all contracts of NF & BNF, the change you are reading is only for JUNE month
[14:28] RK : price wise copy cat of yesterday’s move sofar..
[14:28] r m : yes, hope last hour move does remember that 🙂
[14:29] Varun : slight diff we did trade below vwap yesterday unlike today
[14:29] Varun : today its all been vwap bachao yojna
[14:30] r m : yes, three plunges beow vwap to kill wannabe longs yesterday, maybe today the plan is to massacre them en masse in last hour 😀
[14:30] Varun : 😉
[14:30] RK : post IB we had vwap break only once yesterday!
[14:31] Srini A : looks like started
[14:31] r m : BNF below IBL
[14:31] Varun : uve called them early
[14:31] r m : oops
[14:31] r m : sorry
[14:31] RK : about 10 points like today we moved down to that 8130
[14:31] r m : below vwap
[14:32] Shailesh : sellers are here
[14:32] Kathir : @RM bulls today take 3 hours to move to 8175 from 8154..but sellers need just 2 mins maggi
[14:33] Shailesh : lol @kathir
[14:33] Dharamveer : i think yesterday they were around 3 and today alittle early
[14:33] Shailesh : 30 mins
[14:33] RK : we have just reached IBH..
[14:33] Kathir : vwap???
[14:33] Shai : vwap
[14:34] Manoj : enter long ?? in both
[14:34] RK : nice combo of VWAP+VAH+dPOC
[14:34] RK : *VWAP+IBH+dPOC
[14:35] Shai : can enter long 8135 sl
[14:35] Manoj : ok & bnf
[14:35] Shai : avoid BNF but
[14:35] Manoj : ok
[14:35] Chetan : buyies again at vwap
[14:36] Ravi Chahal : enter nf at 8160?
[14:36] Shai : that old trade is still there
[14:37] Ravi Chahal : ok
[14:37] Ravi Chahal : i was thinking to enter now
[14:37] Ravi Chahal : ?
[14:37] Shai : (10:20) Shai :we will keep an order to buy NF abv 8155 sl of 8135 tgt 8185
[14:37] Ravi Chahal : ok
[14:38] Kathir : @tej engind 🙂
[14:38] Shai : same long I gave again
[14:39] Shai : No change of plan as auction is steady
[14:39] Shai : (13:26) Shai :BUy NF 8162 (50% qty) sl of 8142 tgt 8185/ 8207
[14:39] Tejpreet : @Kathir good move enginersin but am not tracking it .
[14:40] Venkatesan : yes rm i am talking about june series and the data you mentioned is also june series only?
[14:40] r m : in OI shift it is entire OI data
[14:41] Venkatesan : entire means?
[14:41] Kathir : @Tej I had a small bite..thanks
[14:41] r m : JUN, JUL, AUG series
[14:41] Venkatesan : thank u rm
[14:42] Shai : Engineers was pointed out by Vivek : (09:57) Vivek K:shai view on engineers india pls, breakit out of a good base
[14:42] Tejpreet : But enginersin thanks goes to Shai .
[14:42] Kathir : @shai ok thought it was tej
[14:42] Kathir : @vivek thanks
[14:42] Shai : No No not me – Vivek.
[14:43] Shai : buying vols now in NF
[14:43] r m : @Kathir, Khalee peeli thanks, give an envelope too 🙂
[14:43] Shai : close abv 8186 good for tom in F
[14:43] Kathir : 🙂
[14:44] Tejpreet : But remember khalee peeli thanks to me n envelope to vivek 🙂
[14:44] Vivek K : u can send the nuts kathir
[14:44] Kathir : nuts alone vivek 🙂
[14:45] Vivek K : i am aam aadmi nuuts is fine 🙂
[14:45] Tejpreet : Shai Bajaj auto close to 2400 is it a short now with your given SL.
[14:46] r m : @Vivek, you suggesting that all aam admi are nuts? 😀
[14:46] Vivek K : shhh
[14:47] RK : Shai missed Asian notes..where could be next major supply for the week?
[14:47] RK : can hold for 745?
[14:47] Vivek K : this amtekauto looks like setting up for a very big move up in 2-3 months
[14:49] Shai : bajaj is at obj but nothing in price suggesting weakness
[14:49] Shai : short is only anticpatory here with a sl f 2418
[14:50] Shai : asian 753 if 735 is crossed
[14:50] Shai : stops below 718
[14:50] Tejpreet : Hmm ok ..gues will go for 2350 put then .Thanks.
[14:51] RK : thanks Shai
[14:51] Shailesh : Harbhajan!!!!!!!
[14:52] Shai : what happened in amtek?
[14:52] Tejpreet : FCCB default news.
[14:52] Shai : 129 is a nice supp
[14:52] Shai : ok . thanks
[14:52] Sreedhar : Group bankrupt..
[14:53] Varun : tejpreet in amtek
[14:53] Varun : ?
[14:54] Tejpreet : Yes amtek FCCB default news.
[14:54] Sandeep : shai holding some puts since yesterday , how to hedge here or just sell them amd get out
[14:54] Varun : i know the amtek guys, based out of delhi. they were one of the only houses to be cash rich
[14:54] Sreedhar : @varun what was test of?
[14:54] Varun : very worrisome news
[14:54] Shai : place that NF exit near 8180 instead of 8185
[14:54] Varun : nothing sreedhar
[14:54] Tejpreet : Nooresh “s tweeted about this news.
[14:54] Shai : Sandeep ATM puts?
[14:55] Sandeep : otm now
[14:55] Shai : downmove may come only monday afternoon or tuesday now
[14:55] Shai : this move of today is expiry oriented
[14:56] Shai : so suggest converting it into a spread or cashing out and reenetring around 8240- 60
[14:56] Sandeep : okay thanks
[14:59] Varun : charts stuck
[14:59] r m : moving
[14:59] Varun : now
[14:59] RK : working
[14:59] Dharamveer : any sign of the 3oclock sellers
[15:00] Shai : OTF missing here
[15:00] Dharamveer : so this could be profit booking
[15:00] Shai : ye possible
[15:07] Manoj : buy for the day
[15:07] Manoj : sorry bye for the day
[15:07] r m : bye Manoj
[15:12] Sandeep : shai on course for 8230+ tomorrow ?
[15:15] Shai : yes but one conf needed abv 8186 F
[15:15] Shai : 8135 supp stated and clear
[15:15] Shai : hpe it does not reamin 8135- 8185 F ahgain tom
[15:16] RK : from stocks, its clear that we have WRB tomorrow..many are closing the day with narrow range including NF and BNF
[15:19] Tejpreet : Dish gives 2 oints for quick scalp (10:47) Shai :watch 111 if looking for a quick sclap
[15:19] Tejpreet : points.
[15:20] Shai : close NF intra
[15:20] Vivek K : waiting for a dossra from harbhajan or is he banned from it? 980 now
[15:20] Shai : BNF is struggling
[15:20] Vivek K : how much points to nifty did ril contribute today?
[15:22] Vikkas C : shai again neutral centre today ..closing at vwap
[15:22] Vikkas C : bulls and bears live to fight another day
[15:25] Shai : No Norma variation day
[15:26] Shai : seller response weaker today
[15:26] Shai : bulls created value higher
[15:26] Shai : POC higher
[15:26] Shai : so more points to bulls
[15:26] Suyash : carry some calls for tomorrow?
[15:26] Vikkas C : ok..thanx for correcting
[15:26] Dharamveer : can we buy puts for tomorrow
[15:26] Sreedhar : one more bulls day..
[15:26] Shai : since we trade above VAH it is upto the seller to respond
[15:27] Shai : Don’t get into options for tom trade- could be another flattish kind of trade
[15:27] Suyash : ok shai
[15:28] Shai : Weakness below 8135 + fiter tgt 8085/ 8060
[15:28] Shai : strength abv 8185 F tom
[15:28] Shai : 8166- 8142 value areas for tom
[15:28] Sreedhar : NF resistance above 8185 shai?
[15:29] Shai : 8212/ 8252
[15:29] Shai : F
[15:29] Vikkas C : shai wasnt 8196 the previous supply zone
[15:29] Sreedhar : Thanks..
[15:29] Venkatesan : thank you shai, rm and friend
[15:29] Shai : Yes Vikkas
[15:29] RK : thanks and bye all
[15:29] Shai : that is a poor high
[15:30] Shai : Bye all
[15:30] Vikkas C : ok thanx
[15:30] Tejpreet : Bye All.
[15:30] Vikkas C : bye all
[15:30] Sreedhar : Have nice evening.. bye
[15:30] Hemant : Ty folks
[15:30] John : Bye all
[15:30] Dharamveer : bye all
[15:30] r m : Thanks and bye all, have a great evening 🙂
[15:30] Shai : I would be out for a few hours near the Open tom. Be back for afternoon session
[15:30] Shai : trading room will function normal
[15:31] Moses : Bye All
[15:31] Shailesh : bye all