General Chat Transcript
Date and Time: February 20, 2015 08:51:05
[08:56] r m : Good Morning folks!
[08:56] r m : http://vtrender.com/levels-and-plan-for-20th-feb/
[08:56] r m : Nifty FEB Future KRA 8904 UP Hypo1 above 8904➜8925➜8956➜8979 SL 8871 DOWN Hypo2 below 8870➜8844 SL 8899
[08:57] r m : Banknifty FEB Future KRA 19210 UP Hypo1 above 19210➜19485➜19610 SL 19160 DOWN Hypo2 below 19160➜18960 SL 19215
[08:57] Porus : GM RM and all
[08:57] r m : Hi Porus
[09:00] Shai : GM all
[09:02] r m : SGX Nifty FEB trading at 8913
[09:03] Shai : http://vtrender.com/premium/orderflow-charts-and-notes-1902/
[09:05] Tejpreet : GM all.
[09:08] RK : GM Shai,RM and all
[09:10] Rav : GM All
[09:12] Shai : marking 8904 as KRA today
[09:12] r m : Hi RK
[09:12] Sharad : GM all
[09:12] Shai : we won’t be having new weekly hghs if that is not protected in the morning
[09:13] Rav : opening is likely at 8951
[09:16] Shai : BNF as o stay abv 19160 preferably cross 19225
[09:16] Shai : for upsides that is
[09:20] Shai : NF seeing buyers
[09:21] Shai : even BNF right at the lows
[09:21] Shai : should move to 19240
[09:22] Sumit : gm everyone
[09:23] Shai : BNF longs abv 19235 can fethch 19330/ 19485 with sl of 19160
[09:23] Shai : but oly abv 235*
[09:24] Shai : 10 points grace above 225
[09:24] Tejpreet : @ Rav ….found an excel sheet that takes nse data and updates about nifty option buidl up .. but i can’ t make it fetch other option data only updates nifty .. any clues or ideas
[09:25] Rav : hve uploaded heere 5 times
[09:27] Tejpreet : Ok I haven’t seen it or got it .Can you do it once more.
[09:31] Shai : oh bnf
[09:32] r m : bnf at hypo2 target
[09:33] Rav : high MB file.May send your mail ID to send through google drive
[09:34] Shai : 8845 NF had second round of buyers yesterday
[09:34] Tejpreet : Moderators can email ID be posted in the chat.
[09:35] r m : @Tejpreet, go ahead man, we don’t spam 🙂
[09:36] Tejpreet : 🙂 thanks
[09:36] r m : @Shai, can NF go to PDL here?
[09:36] Tejpreet : @ Rav tejpreet.tp@gmail.com
[09:37] Shai : yes below 8844
[09:37] r m : Thanks
[09:37] Shai : BNF can do 18812
[09:37] r m : ok
[09:37] Shai : Open drive down
[09:40] Shai : icici and RIl are the losers
[09:42] RK : axis and hdfc too1.5% down
[09:43] r m : tatasteel is up, maybe they got some coalblock 🙂
[09:43] Amit J : j.amitjain#gmail.com
[09:43] Amit J : j.amitjain@gmail.com
[09:43] RK : Tata steel looks good yday and today open..
[09:43] RK : yday volume is also good than avg
[09:43] RK : RM 🙂
[09:48] RK : When Mukesh is down Anill is up..Relcap moving up
[09:50] Rav : nf and bnf in writers area .. sellers must be careful
[09:50] r m : Dhirubhai balancing 🙂
[09:51] RK : 🙂
[09:52] Rav : bnf kissingbull zone
[09:55] Rav : nf LU like yesterday…rollover equally is seen
[09:56] Sharad : Roller coaster ride today
[09:56] Rav : budget preparation
[09:56] r m : yesterday FII’s booked long index futures and bought cash equity
[09:57] Sharad : yes
[09:59] Rav : 6.76 lacs sold and 6.61 lacs sold in Feb and bought in March
[09:59] Rav : yesterday
[10:01] Shai : OPen drive down in BNF meeting vwap
[10:01] Shai : balance now if sellers prevail at vwap then day low again
[10:02] Shai : NF weaker below 8870
[10:02] Shai : But still acting out the balance zone
[10:02] Shai : sell higher and buy lower
[10:06] Rav : ce under LL and pe under SC. Making both bulls and bears nervous
[10:07] Sumit : @Rav, LL, SC??
[10:08] r m : long liquidation, short covering
[10:08] Rav : ce buyers closing and put sellers closing
[10:09] Rav : mainly due to rollover. as budget is on saturday, many may not rollover from retail without hedging
[10:10] Kris : Look for IB break in the next 30 minutes to go long – otherwise, not sure whether going long is safe – good morning all 🙂
[10:11] Sumit : thanks rm
[10:11] r m : Hi Kris 🙂
[10:11] r m : welcome Sumit
[10:12] Kris : Hi RM:)
[10:14] Rav : bnf last 20 min in bull side zone
[10:14] Kris : Hi RM 🙂
[10:24] Shai : vwap of an open drive failing again
[10:24] Shai : generaly means day highs again
[10:25] Rav : sbi pushing up
[10:25] Shai : BNF comfortably abv vwap
[10:25] Shai : NF at vwap
[10:25] Amit J : shai any view on psu banks. looks open drive for boi obc idbi etc
[10:26] Kris : @Shai – entered shorts in NF @ VWAP – easy trade I guess 🙂
[10:26] Amit J : also your view on spicejet. holding big qty
[10:26] Shai : yes seller in NF at vwap
[10:26] Kris : @Rm – that qty has nothing to do with me – mine is the regular peanut size 🙂
[10:27] r m : lol
[10:27] Kris : Must be Shai’s mauritius friends 🙂
[10:27] r m : @Kris, only peanut I can see there is 350 at top 🙂
[10:27] Shai : BNF debating 19100 first or 19220
[10:28] Shai : NF has buyers now
[10:28] Shai : gone
[10:30] Sumit : big red candle from vwap
[10:30] Shai : spicejet not traded at NSE?
[10:32] Amit J : sorry its only on nse
[10:32] Amit J : i asked you earlier also
[10:34] Rav : 8845 long here
[10:34] Shai : idbi open drive tgt if 76.5/ 77 from here
[10:35] Shai : banindia 237.2 intra supp can do 244/ 249 by close
[10:35] Shai : or Mon open
[10:36] Shai : orient bank has a seller at 248
[10:37] Rav : bnf long at 19154
[10:37] Shai : is an easy 20 pint trade abv 248
[10:37] Shai : NF now has buyers
[10:37] Shai : 8445 yesterday POC stepped up to show buying
[10:38] Shai : BNF will give 40 point blast abv 19180
[10:48] Amit J : thanks
[11:00] Shai : 8844- 8864 going on
[11:00] Shai : seller at vwap – buyer at poc
[11:00] Shai : 20 points either direction when this breaks
[11:11] Vishal : shai tata global tgr achieved. thanks
[11:11] Vishal : tgt*
[11:11] Vishal : ur view on adani enterprise?
[11:22] Rav : booked at 8875
[11:23] Shai : BNF covers IB band over vwap
[11:23] Shai : NF will follow
[11:24] Shai : (10:24) Shai :vwap of an open drive failing again.(10:24) Shai :generaly means day highs again
[11:26] Shai : looking for that 19485 over 19235
[11:26] Rav : 19150 sold at 19235
[11:29] Shai : orient bank 248
[11:31] Tejpreet : SL for orient.
[11:33] Shai : trailing stop is 243
[11:33] Tejpreet : thanks.
[11:33] Shai : has 264/ 268 as tgt abv 249
[11:34] Shai : Bulls in NF safe abv 8904
[11:35] Shai : adani 712 price objective abv 684 in 1- 2 sessions
[11:35] Shai : better to buy dips at 693 with 680 as sl
[11:35] Vishal : okie shai
[11:35] Vishal : thanks
[11:35] Shai : welcome
[11:37] Rav : 8800pe writing and 8900ce buying on
[11:37] r m : NF back at KRA
[11:39] Rav : 8800pe writing n 8900ce buying on
[11:39] Kris : Ok – one more time – 8800PE at 38 – bought! 🙂
[11:43] Shai : one trip to day high Kris if you allow
[11:43] Shai : 🙂
[11:44] r m : 🙂
[11:44] Shai : Let the failed open drive work through
[11:44] Rav : 8933 will be hit
[11:44] Shai : 19210 supp in BNF
[11:45] Shai : first 30 mins have been retraced in next 90 mins , so still in balance mode
[11:46] Shai : BNF 280 is vah
[11:48] Shai : just the kind of move in BNF yesterday from excatly the same point
[11:49] Shai : just did not figure that move below 160 today
[11:50] Shai : BNF should close near 19610 today
[11:50] Shai : high risk trade with 160 as sl
[11:50] Shai : 300 upside
[11:53] Shai : we got 8915?
[11:53] Rav : 8800pe@42 covered at 35 and 8900ce@71 sold at 85
[11:54] Rav : 8914.50
[11:56] Shai : sellers piling up again
[11:58] Shai : IBL in BNF 19354 yesterday and IBH was 19448
[11:58] Shai : 8895 IBL and 8918 IBH
[11:59] Shai : auction is sthe same except yesterday it took 6 hours and today 2.5
[11:59] Amit J : shai your view on jspl for short
[11:59] Shai : Doubts on the BNF intra long trade if 220 breaks
[12:00] Shai : then we may close at 19280 instead
[12:03] Shai : jspl price explosion on volumes
[12:04] Shai : short is ultra agressive in expectation of a revisit to b/o only
[12:04] Shai : 209 sl but has to berak 192 quickly
[12:05] Shai : tgt can be 160 if that happens and sl holds
[12:05] Shai : BNF exit long idea
[12:08] Amit J : thanks
[12:14] Shai : 8864 dpoc should come again in NF
[12:14] Shai : should spend the rest of the day 8864- 8904
[12:15] Amit J : jspl at 192 quickly
[12:18] Shai : 🙂
[12:19] Shai : BNF back in IB
[12:19] Shai : is wild
[12:19] Amit J : very very big negative news
[12:19] Amit J : cnbc flasged
[12:20] Shai : ?
[12:21] Amit J : jspl
[12:21] Porus : What is the news Amit?
[12:21] Rav : bnf heavy buyers in this candle
[12:21] Amit J : not qualified for its main mine
[12:22] Shai : ok
[12:23] Amit J : shai hold short for 160?
[12:26] Rav : 19500 spot to attack ce writers is the main aim now for BN
[12:29] Shai : yes trail 200 can see 181/178 today
[12:30] Shai : Yes Ravi 19160 zone should hold fir that
[12:34] Rahul N : @Shai ,whats the long term levels for IBREAL Future?
[12:37] Kris : sorry, i left immediately after pasing the trade!
[12:37] Kris : any comments, reactions that I missed? 🙂
[12:42] Rav : HDFC BANK SC and SBI LBU now
[12:47] Rav : above 2 is enough for bnf
[12:47] Rav : hdfcbank is aiming to attack huge1100ce writers
[12:48] Porus : are charts stuck?
[12:48] Rav : lic hi vol
[12:49] Varun : yes stuck at my end
[12:51] r m : yes stuck
[12:52] Tejpreet : same here even after refreshing.
[12:55] Rav : Amit..Jindsp from SBU to LBU
[12:58] Shai : charts up?
[12:58] Tejpreet : yes
[12:58] Rav : bnf LBU
[12:58] Porus : yes
[12:59] Shai : ok Thanks
[13:02] Shai : IB real 85.5 wekkly price obj
[13:03] Shai : can also extend to 87.9 if we close at/ abv 85.5 today by Mon close
[13:03] Rav : axis is close to join from -ve
[13:03] Varun : whts ib real @shai
[13:03] Shai : buy max supply at 87.9
[13:04] Shai : ibrealestate
[13:04] Varun : ok, i thought something to do with mp 😉
[13:06] Shai : Nope was responding to : (12:34) Rahul N:@Shai ,whats the long term levels for IBREAL Future?
[13:06] Varun : bnf abv vah
[13:07] Varun : shld get buyer here
[13:07] Varun : ?
[13:08] Rav : axis joined hdfcbank and sbi
[13:08] Rav : now bnf…
[13:09] Varun : charts stuck again
[13:10] Sharad : Hi charts stuck
[13:11] Varun : wrking now
[13:12] Shai : yes BNF auction abv vah not getting buyers
[13:12] Shai : also abv IBH need to see more greens
[13:12] Sharad : Even IB high not sustaining
[13:13] Shai : NF entirely in IB
[13:19] Rav : axis sbi LBU hdfc bank SC…Now bnf is through
[13:20] Porus : Rav, what is your target?
[13:22] Rav : 19500 spot
[13:27] Varun : @shai very big seller one lakh in nf
[13:28] Varun : any significance
[13:29] Rav : 19360 VWAP2
[13:30] Shai : yes quite big but see price at 8895 is steady
[13:30] Shai : so not much impact
[13:30] Shai : BNF getting buyers now
[13:30] Varun : whr r the vwap bands in bnf
[13:31] Shai : 470
[13:31] Varun : gr8
[13:31] Rav : 19394 vwap4 next
[13:33] Shai : 335 supp
[13:33] Rav : 19419 vwap3 mext
[13:34] Shai : NF can do 8945/ 8952
[13:34] Shai : sl 8894
[13:34] Shai : trade small qty
[13:36] Rav : booked 20lots at 19374
[13:43] Rav : 18700-19300 pe wwriters are active-BULLISH
[13:52] Sharad : aagain in IB bnf
[13:52] Sharad : IB not leaving today
[13:54] Rav : in this series this friday is last day for writers sto settle score
[13:54] Sharad : ohhh that is why volatility
[13:55] Rav : option magic happens only in volatile session
[13:56] Rav : both n bn are in writers area now
[13:57] Amit J : spicejet upper curcuit
[13:58] Tejpreet : That 1 lakh seller in nf managed to push itdown.
[14:01] Kris : or is it Kris’s 8800PE? 🙂
[14:02] Tejpreet : 🙂
[14:12] Shai : It’s just like a volleyball being tossed around from 8910 to 8845 with a net at 8875 in between for some net play
[14:12] Shai : week dpoc is here 8875- 8880 and trending move will come from here next week
[14:13] RK : Shai can you update on LT?
[14:13] Shai : 8855 was 59000 + 72000 btw
[14:16] Shai : LT 1716 was a weekly obj- met with selling
[14:16] Shai : 1659 support now into nexr weel
[14:16] Shai : 1659 and 1633 below
[14:16] RK : thanks
[14:17] Shai : excess seen twice at 1710 + so we may have a short term top there
[14:17] RK : Yes held longs but price do not sustain there
[14:21] Porus : Chart seems stuck again.
[14:22] r m : yes
[14:22] Sharad : stuck
[14:22] Rav : again 8800pe selling and 8900ce buying seen aggressively
[14:24] Rav : NF LU-Rollover to March.Good for uptrending
[14:31] Sharad : no charts
[14:35] Shai : Now?
[14:35] Sharad : fine
[14:36] Porus : yes
[14:41] Shai : vwap 8875
[14:41] Shai : wekkly dpoc 8875
[14:41] Shai : day midpoint 8875
[14:42] Shai : previous day midpoint 8870
[14:42] Shai : talk about a centered mrket
[14:43] r m : could be monday’s KRA too 🙂
[14:43] Shai : yes
[14:43] Shai : all next week actually
[14:43] Sharad : both at vwap close here only ?
[14:44] Shai : BNf weekly dpoc 19370
[14:44] Sharad : ohh so good room here
[14:44] Shai : But BNF profile is not normal
[14:44] Shai : close cannot be certain
[14:44] Sharad : fine will take chance
[14:45] Sharad : sl 19163 yesterday vwap
[14:45] RK : entire week passed ass intra players delight
[14:46] RK : *as
[14:46] RK : positionals fried 🙂
[14:47] RK : similar to 1st week of feb..law of avg says next wk belongs to positional
[14:48] Shai : NF weekly – http://screencast.com/t/WdNvkQ6KP9
[14:49] Shai : That is as perfect a bell cuve as you will see
[14:49] Shai : power of a breakout from that profile is abut 300= 380 points
[14:49] Varun : fornf@shai ?
[14:50] r m : yes
[14:50] Sharad : wow very nice profile
[14:50] RK : breakout points being 8934-8800?
[14:50] r m : for whom the “bell” tolls? 🙂
[14:51] Sharad : buy both call and put
[14:51] Shai : My bIas is up based on other data before that profile
[14:51] Shai : but we will adjust if val and pdl break
[14:51] Varun : shai lot of single prints from previous profile
[14:51] Shai : Plus momentum of last week was up
[14:52] r m : @Sharad, march is too pricey and real breakout may come in next series only
[14:52] Shai : technically want to see 9072 again and even go up to 9340
[14:52] Shai : F
[14:53] Shai : yes
[14:53] Sharad : no RM want to buy feb only not big quantity
[14:53] Varun : acting as resistance
[14:53] Shai : 8667 sl positional for that 9340 view
[14:53] r m : OK Sharad
[14:53] Shai : 8625- 8667 actually
[14:53] Rav : 8900CE Hi Volume . No sign of SC by ce writers and pe writers
[14:53] Sharad : but next week as Shai said 300-400 point movement for sure
[14:54] Amit J : next week is rail budget on expiry day. 200 pts move on that day only
[14:54] Kris : Thanks Shai, your 8876 close helped a lot on trading decisions today.
[14:55] Kris : Has been hugely profitable day!
[14:55] Kris : *prediction of 8876 close! 🙂
[14:56] Shai : Yes Amit
[14:56] Shai : easy to form bias around this week’s action
[14:56] Shai : will help us into next week and budget
[15:04] Kris : @Shai – any bias for Monday open?
[15:05] Shai : Monday we should get an open drive from here
[15:05] Kris : you are more biased to up?
[15:05] Shai : yes bias is up
[15:05] Kris : ok, thanks.
[15:06] Kris : Dont know how to deal – Monday should be another down day – and – then up till expiry – is my guess …
[15:06] Kris : so – need to see how it works…
[15:07] Kris : one expectation is – Monday to be reverse of today – with open drive to the up and failure! 🙂
[15:08] Shai : why reverse?
[15:08] RK : to me many stocks shown coniviction for upmove..today that’s missing..Monday we may get answer
[15:10] Kris : @Shai – One stat is – Friday and Monday before expiry will be identical – and will be generally reverse in trend of series!
[15:10] Shai : k
[15:11] Kris : and – if we are closing a highs, one more scare to 8800PE writers is pending – my view 🙂
[15:13] Shai : BNF selling into the close
[15:22] Shai : Looks like a long unwinding in BNF
[15:24] Shai : NF at day low well away from that 8875 now
[15:29] Shai : close 30 ponts away from 8875 but 8875 is still the bias into next week
[15:30] r m : Thanks and bye folks, have a great weekend 🙂
[15:30] Shai : Bye all
[15:30] Tejpreet : Bye everyone …..enjoy your weekend.
[15:30] Shai : Have a nice weekend
[15:30] Kris : Bye all – have a nice weekend!
[15:33] Porus : bye all