OrderFlow charts and Notes 23/12

Bnf_Of_10 Bnf_Vol_At_Price_1 Nf_Of_10 Nf_Vol_At_Price_1

 

 

 

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General Chat Transcript

 

Room Name: Vtrender
Date and Time: December 23, 2014 09:15:08

[08:45]   r m : Good Morning folks!
[08:45]   r m : http://vtrender.com/24169/
[08:45]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-221214/
[08:46]   r m : NF Hypo1 above 8311➜8378➜8430 SL 8275 Hypo2 below 8274➜8240➜8226 SL 8290 DEC Future levels
[08:46]   r m : BNF Hypo1 above 18690➜18819➜18906 SL 18600 Hypo2 below 18666➜18566 SL 18710 DEC Future levels
[08:57]   Sharad : GM all
[09:06]   Assortz : GM RM and all
[09:06]   Porus : GM all
[09:07]   r m : Hi Assortz
[09:07]   Keshav : morning all
[09:07]   Ravi : GM to you All
[09:08]   Keshav : opening above yesterdays vwap
[09:08]   Keshav : and near close
[09:28]   Kathir : Good morning all 🙂
[09:29]   Assortz : Hi Kathir 🙂
[09:29]   r m : Hi Kathir 🙂
[09:37]   Kathir : @rm when will shai come
[09:39]   Assortz : 2015 i think 🙂
[09:40]   Assortz : for new highs 🙂
[09:40]   r m : 🙂
[09:40]   r m : @Kathir, after 1st of Jan
[09:41]   Kathir : oh
[09:41]   Kathir : ok ge
[09:41]   Kathir : bnf hypo 1 achived
[09:41]   r m : BNF at target2
[09:41]   r m : yes
[09:42]   Porus : RM, the imbalance objective goes to 19059. Does this mean that 19059 is a target?
[09:42]   r m : yes
[09:42]   Assortz : when the mkt has momentum, is it ok to enter at target 1 for targer 2 RM in general how it works?
[09:43]   r m : @Porus, yes, but Hypos are high probability trades with good risk/reward
[09:44]   r m : @Assortz, it works many times but sl may be deeper so you need to constantly evaluate risk reward
[09:44]   Assortz : yes that I understand
[10:16]   Keshav : vwap lets take some buyers here
[10:16]   Keshav : delta is down
[10:16]   Keshav : from highs
[10:21]   Ravi : 8400ce oi of 61 lacs will resist nifty spt at 8375
[10:21]   Keshav : oh
[10:25]   Ravi : 8450 ce:8350 pe = 954050:1678525
[10:27]   Ravi : will protect 8325 spot
[10:28]   Kathir : @RAVI volume up and OI down ..is that suggests short ce or pe builded up?
[10:33]   r m : OI down generally means writers covering
[10:36]   Assortz : it may be short covering especially when the price is rising
[10:37]   Kathir : price up volume up OI down ?
[10:37]   Ravi : more putwriting by day traders less ce writers through change in OI reflects sentiments
[10:37]   Ravi : day traders or positional holders
[10:38]   Sharad : 8400 Ce added 8.5 lacs and PE added 5.5 lac both adding
[10:38]   Kathir : @ravi ok
[10:38]   Kathir : bnf nagative delta increasing slowly
[10:39]   Ravi : but 8400 PCR is 0.3
[10:41]   Keshav : hmm thats low
[10:42]   Keshav : 900 to play improtant in bnf
[10:57]   r m : color changed for today, Janak please bear 🙂
[10:58]   Kathir : this colour is ok
[10:58]   r m : Thanks!
[10:58]   Kathir : 🙂 but dont use bear beer kind of words to janak..only bull
[10:59]   r m : @Janak, color changed, please bull 😀
[10:59]   Kathir : lol
[10:59]   Keshav : yes pls bull
[10:59]   Ravi : I used to have a chat box in 2000 where in buy calls would come in green color and sell call in red color
[11:00]   Keshav : oh thats nice
[11:00]   r m : 🙂
[11:01]   Kathir : @ravi 2000 i dont even know what stock market is 🙂
[11:02]   Kathir : 2007 end only i enterred
[11:03]   Kathir : I joined in Indiabulls as client..they told me short will give good money than long..first lesson 🙁
[11:03]   Assortz : in 2005 and all I used to amuse about ticker in CNBC when switching channels..used to think abt what these people are referring from this? 🙂
[11:03]   Kathir : 🙂
[11:04]   Kathir : @Asso senior here should be RM i guess
[11:04]   r m : in 2000 i used to wonder what kind of nuts could be worried stiff about something going up or down 🙂
[11:05]   Assortz : 🙂
[11:05]   r m : i was in a job at that time
[11:05]   Kathir : 🙂
[11:05]   Kathir : oh then ravi is senior here
[11:05]   r m : yeah
[11:05]   Keshav : @stock market was first introduced by my 11 grade commerce teacher
[11:05]   Assortz : yeah you had mostly seen only upside moves from office by then :))
[11:06]   Kathir : nice school they tought you stock market at 11th grade
[11:06]   Keshav : have been following it rigorously since
[11:06]   Ravi : That was the real bull market time with IT and Bank.In first 5 min, we used to see 5-10% freeze with ALBM Tue settlement
[11:06]   Keshav : no she happen to be really good teacher
[11:06]   Keshav : then in college everyone was trading for pocket money
[11:07]   Keshav : and some did make handsome
[11:07]   Ravi : I am 48 and started in 1985 besides job
[11:07]   Keshav : oh wow
[11:08]   Keshav : i m just 22
[11:09]   Keshav : and planning to make this as my job
[11:09]   Ravi : During college days in IIT, That is dring 1986 precisely
[11:10]   r m : where is my walking cane? I am 58 and learning this stuff post-retirement 🙂
[11:10]   Keshav : wow rm. i thought you would be 30-40
[11:10]   Ravi : learning is continuous and curve depicts it
[11:11]   r m : i was 30-40, once upon a time 😀
[11:11]   r m : yes Ravi
[11:11]   Ravi : hdfc is pushing
[11:12]   Keshav : down or up?
[11:14]   Keshav : @rm if i come to rishikesh . i will comedown to darjeeling for some tea and talk
[11:14]   Keshav : would love to catch up in person
[11:14]   Ravi : up
[11:14]   r m : sure Keshav, you are most welcome
[11:15]   r m : but make it to Dehradun, Dareeling is about 1500 Kms from here 🙂
[11:15]   Keshav : sorry dehradun right
[11:15]   Kathir : @keshav physically RM is 58 but mentally he is younger than you..:)
[11:15]   r m : lol
[11:16]   Keshav : yes i could see that
[11:16]   Keshav : he uses all the sms txt lingo
[11:16]   Keshav : and smileys
[11:16]   Keshav : and i type it all
[11:16]   Kathir : mmmm
[11:18]   Kathir : @ravi 1985 was there online trading ?
[11:18]   r m : my work involved sitting on PC hence very fast at typing
[11:19]   Kathir : ok
[11:19]   Keshav : banker?
[11:19]   r m : airine
[11:20]   Keshav : oh
[11:20]   Amit J : fly from home
[11:20]   r m : last 8 years in controlling reservations – overbooking fligts 🙂
[11:21]   Keshav : 🙂
[11:21]   Keshav : just like yesterday
[11:21]   Keshav : nf taking the first step
[11:21]   Keshav : bnf waiting for janak
[11:22]   Kathir : he is watching RK second time ..will be back soon for aftnn session
[11:23]   r m : or maybe trading with intense concentration with full screen and chat inactive!
[11:24]   Kathir : possible
[11:24]   Keshav : lets gear up delta till he joins in
[11:25]   r m : gift him such a big possitive delta that he has no other option except to take it above 19K
[11:25]   r m : but then he may ask for 20K 🙂
[11:26]   Keshav : possible
[11:28]   r m : second time selling at 8370
[11:28]   r m : must be Ravi’s 8400CE writers!
[11:29]   Keshav : also the volume is getting accumalated at 8360
[11:29]   Keshav : most of it seems negative
[11:30]   Ravi : 8350pe writing
[11:30]   Ravi : 10:25 Ravi : 8450 ce:8350 pe = 954050:1678525
[11:31]   r m : Thanks
[11:32]   Keshav : @ravi how do you monitor option chain realtime
[11:33]   Keshav : any software ?
[11:33]   Ravi : have rtd and option analytics
[11:33]   Keshav : those are softwares?
[11:34]   Ravi : option oracle 1.6 version is free but customised excel chart with macro will be much depictive
[11:35]   Keshav : @ ravi i have been thinking of analysing value instead of option interest for few months now
[11:35]   Keshav : is that possible
[11:36]   Ravi : as 8400ce oi is 62.6 lacs , shifting is happening to 8400put buying
[11:36]   Keshav : does it give any indication?
[11:37]   Ravi : yes
[11:38]   Keshav : i read a piece that hedgefund use changes in value of the options to enter swing plays
[11:38]   Ravi : all stock futures move up and down based on its PCR and Index future based on its PCR and stock futures and
[11:38]   Keshav : rather than open interest
[11:38]   Ravi : OPTION Greeks play vital role
[11:38]   Keshav : hmm
[11:40]   Ravi : bnf is shorting
[11:50]   Kathir : @RM let us see what yes bank deal do today..now it is going down
[11:50]   r m : ok
[11:52]   Ravi : icici is red to startwith
[11:52]   r m : pdh pnctured
[11:53]   Kathir : @ravi red you mean negative fromm previous days close
[11:53]   Ravi : option paind shifted from 18800-18700
[11:54]   Ravi : short from 18900 based trix 12 period signal
[11:59]   Ravi : 8400pe 50 covered at 70
[11:59]   r m : great!
[12:01]   Kathir : wow
[12:01]   Ravi : 19100 ce writng is on
[12:03]   Amit J : what is vah of yesterday in banknifty
[12:04]   r m : 18644 on my charts
[12:04]   r m : 18648 on mp charts http://vtrender.com/wp-content/uploads/2014/12/BNF_compo17.png
[12:05]   r m : POC is far below at 18472
[12:09]   Kathir : VAL 18424
[12:09]   Kathir : 8238 in NF
[12:10]   Kathir : @rm will add next month delta to charts
[12:11]   r m : @Kathir, will request Shai on email, I don’t think he is visiting the office these days
[12:12]   Kathir : ok ge thanks
[12:12]   Keshav : deltas negative
[12:12]   Kathir : nf near days low
[12:12]   r m : bnf and nf in sync
[12:12]   Keshav : yeah
[12:13]   Keshav : nf seems more weak though
[12:14]   Ravi : 50% fib 18675
[12:15]   Assortz : 18666 hypo short is a good place to go long ..VAH is also around..will try to hit IB low from there..
[12:15]   Ravi : covered
[12:17]   Ravi : spot 18700 reached the option pain
[12:18]   Amit J : 80% now
[12:18]   Keshav : @rm what does that algo in bnf denote
[12:18]   Amit J : in nifty
[12:19]   r m : @Keshav, large volume trade in a very short span of time, could be an algo trade
[12:19]   Ravi : yesterday too at 18742 algo was punched for buying
[12:20]   Keshav : oh okay
[12:24]   Kathir : @assortz how abt natural gas
[12:24]   Kathir : is it a tradable script
[12:25]   Keshav : people say it support decent volumes
[12:25]   Ravi : rollover pressure bu closing here and buying in Jan
[12:28]   r m : (12:18) Amit J:80% now
[12:28]   r m : well on the way
[12:29]   Kathir : @rm so the yes bank guy right today also 🙂
[12:29]   Assortz : Kathir, NG is high swing counter and backs good volume
[12:29]   Porus : This 80% is going down to?
[12:29]   r m : @Kathir, bankers are always right
[12:30]   r m : @Porus, yesterday was not a blanced day so may not go the whole way
[12:30]   Kathir : yeah 🙂
[12:30]   Assortz : NF almost reached yesterday buy level
[12:30]   r m : POC should be at 8250
[12:31]   Kathir : 8250
[12:31]   r m : touched yesterday’s vwap at 8282
[12:31]   Assortz : Hypo 2 triggered in BNF
[12:31]   Keshav : yes
[12:31]   r m : bnf’s yesterday’s vwap was at 18580
[12:33]   Ravi : 70 and 172 premium for nf and bnf!!!
[12:34]   r m : it was very high last rollover time too
[12:34]   Ravi : 55 and 110
[12:35]   r m : ok
[12:37]   Porus : will it rise tomorrow?
[12:40]   Janak : rm – this is triggered? Hypo2 below 18666➜18566 SL 18710 DEC Future levels
[12:41]   Janak : 566 is also 2ib i guess
[12:42]   Kathir : @janak triggerred but not comfortably – my view
[12:42]   r m : yes Janak, but delta not negative below 18666
[12:42]   Janak : also this is also triggered! BNF Hypo1 above 18690➜18819➜18906 SL 18600
[12:42]   r m : 🙂
[12:42]   Kathir : this one trgt achived
[12:42]   Janak : so delta and the vwap and the pink might weigh the bn down
[12:43]   r m : maybe
[12:43]   Janak : again triggered 666
[12:43]   Janak : now it shd work comf
[12:43]   r m : ok
[12:43]   Janak : beautiful hypos man
[12:44]   Keshav : was thinking the same
[12:44]   Keshav : @rm we get a delta divergence indicator
[12:45]   Janak : rm can sms be delivered when the hypos trigger?
[12:45]   Janak : i think that will be great
[12:47]   Assortz : NF hypo too triggered
[12:48]   Kathir : @rm i am confused with this for long bnf SL 18600 but hypo 2 suggets short below 18666 for 18566
[12:49]   Keshav : in nf the scene is just bad
[12:49]   r m : yeah, clash of hypos
[12:50]   Janak : in such cases see delta/vwap angle/pin – all pointing down
[12:51]   r m : @Janak, hypos levels are not generated by charts so auto sms unlikely, but wil check with Shai
[12:52]   Kathir : janak ok
[12:53]   Keshav : compared to any rally todays falls seems more powerful
[12:53]   Keshav : came in much shorter time
[12:53]   Keshav : nf
[12:53]   Ravi : 18690 in lieu of 18600
[12:59]   Janak : hypo sl 710 gone
[12:59]   r m : yes
[13:00]   Amit J : janak auto trade also 🙂
[13:00]   r m : yesterday was also the same, down hypo sl was triggered almost instantaneously
[13:01]   Ravi : rm if we takea trade for eg: sell below 18666 want to look the delta also
[13:01]   Assortz : NF SL survived in a whisker ..lets see 🙂
[13:01]   r m : @Ravi, yes
[13:03]   Ravi : but nowabove hypo but delta -ve
[13:03]   r m : also BNF coming down from Hypo1 target 2 so may not auction well below Hypo level the first time
[13:03]   Ravi : ifso no trade
[13:04]   r m : no long trade below vwap, IBL
[13:04]   Ravi : There are two Ravi. Already requested to change name
[13:04]   Janak : one poss cud be the entire move from 410 to 900+ might be retraced?
[13:04]   r m : oops
[13:06]   Janak : OTF seller shifts base from 900 to 700 now?
[13:06]   r m : Hypos are based on levels and previous profiles, after half a day of trading is over, some caution needed to trade them
[13:06]   Janak : that may give us day low around 410
[13:06]   r m : though a sl can trigger in morning too 🙂
[13:06]   Janak : reentry time in hypo2?
[13:06]   Janak : 666
[13:07]   Keshav : bad nymber
[13:07]   Keshav : number
[13:07]   r m : Devil 🙂
[13:08]   Janak : momentum is down from day high so only FIIs can take this up from here
[13:09]   Janak : which they might not do today as they already did it yday
[13:09]   Janak : so now 500 in reverese direction
[13:10]   r m : FII bought and sold huge yesterday, more than 90K contracts added in Long and Short Index
[13:10]   Janak : this is pure option game going here – cheap options and make big moves
[13:10]   Janak : 19kce did 6 to 88 in few hrs
[13:10]   Janak : so now 18kpe’s turn or 18500pe
[13:11]   r m : @Janak, BNF 20 day ATR is about 300,
[13:12]   Janak : ok
[13:12]   Janak : i think it will go back to 440/410 before eod
[13:12]   r m : and that much is already day’s range, hence I don’t feel too comfortable about further shorts
[13:12]   r m : ok
[13:12]   Janak : if 566 comes then the rest will be easy
[13:13]   r m : knowing my prediction record you are likely to be proved right 😀
[13:16]   r m : not too good results for BJP, does not seem to be getting a clear majority in Jharkhand even
[13:16]   r m : just about 50%
[13:20]   r m : (*** Private to Ravi ) @Ravi, If you are the second Ravi, please add your last name or last initial to avoid the confusion in chat. Please ignore if you are First Ravi 🙂
[13:33]   r m : Europe mild green
[13:34]   Porus : but falling
[13:34]   r m : yes
[13:35]   r m : ES came down after seeing NF but only 3 points
[13:35]   Ravi : prev day vwap is 8282 but 8266 is shown rm
[13:35]   Janak : i think new series first week will be the last leg of rally – then a big tank
[13:36]   Keshav : same feeling here
[13:36]   Keshav : would like to see a new high in ns though
[13:37]   r m : @Ravi, the tick charts here show some difference in vwap compared to what our charts or NSE shows, when there is a big move like yesterday, the diff also widens
[13:37]   Ravi : ok
[13:39]   Janak : 3rd entry in hypo2 at 666
[13:39]   Assortz : whenever it reaches 666 pink appears 🙂
[13:40]   r m : @Assortz, as Keshav pointed out 666 is Devil’s (bear’s) number 🙂
[13:40]   Assortz : we have 710 as SL and two pull backs now 714 and 720..so this 666 short should work provided VAH leaves the way
[13:41]   Assortz : :))
[13:41]   Kathir : did nf cross 8290 after breaking 75
[13:41]   Assortz : very much Kathir..
[13:41]   r m : 8299
[13:41]   Assortz : 8299 🙂
[13:41]   Kathir : oh ok i went for lunch 🙂
[13:41]   Kathir : thanks both
[13:42]   r m : welcome, kya khaya? 🙂
[13:42]   r m : eng translation, what was the menu 🙂
[13:43]   Kathir : oh…rice sambar rasam poriyal
[13:43]   r m : wow!
[13:43]   Assortz : RM if you ask any of us.it will be same..sambar,rasam, poriyal 🙂
[13:43]   Kathir : some tomato chutney
[13:43]   r m : lol
[13:43]   Kathir : yeah assotz 🙂
[13:44]   Kathir : what abt there RM ji
[13:44]   r m : saag and corn flour bread here – quite common north indian food in winters
[13:44]   Assortz : rotis there 🙂
[13:44]   Kathir : ok
[13:44]   r m : in hindi, makki ki roti and sarson ka saag 🙂
[13:45]   Kathir : longest word in hindi i know is dilwaaliye dulhania le jaayengey
[13:45]   r m : lol
[13:45]   Keshav : @rm what is sarson
[13:45]   r m : you surely began with the right phrase
[13:45]   Kathir : that movie i read somewhere is still running in mumbai 1000 weeks
[13:45]   Assortz : we are the one who can say in Hindi that “Hindi nahi malum saab”:)
[13:45]   r m : @Keshav, green mustard plants
[13:46]   Kathir : lol
[13:46]   Keshav : btw i enjoy any cuisine that tastes good
[13:46]   Kathir : both testing lows again
[13:46]   r m : Janak prevailed over 666!
[13:47]   Kathir : nf volumes good today is it sellers
[13:48]   r m : @Keshav, I like south indian food very much, thaali meals 🙂
[13:48]   Kathir : and filter coffee 🙂
[13:49]   r m : yes, was about to buy coffee filter then winters came and blood pressure took over 🙂
[13:49]   Kathir : @assortz kesav I invited RM here for a trip to coimbatore
[13:49]   Kathir : oh
[13:49]   r m : my brother was there this week, not CJB but Tirunelvelli
[13:49]   Janak : rm south indian food cooked by lovely south indian women would taste even better 🙂 they are th most beautiful women with due respect to all other women
[13:50]   Kathir : oh is it
[13:50]   Assortz : RM welcome 🙂
[13:50]   Janak : for eg: Ileana ;
[13:50]   Keshav : @janak are you a north indian?
[13:50]   Janak : keshav i am an alien – PK
[13:50]   Keshav : correct
[13:50]   Kathir : janak gujarath modi’s neighbour
[13:50]   r m : @Keshav, Janak is a middle indian 🙂
[13:51]   Janak : lol
[13:51]   Keshav : oh nice
[13:51]   Janak : bn sab ki firki le rahi he
[13:51]   Janak : hypos ke bich me chakkar pe chakkar
[13:52]   Assortz : and another common phrase here in south is that any person who is beyond Andhra/Karnataka border is north indian for us..Delhi/Mumbai/Kokatta all are north indians :))
[13:52]   Keshav : @kathir. thats a nice gesture. personally north indian have been really good friends
[13:52]   r m : it is adding letters to MP here at 666 so that Shai can form a hypo for tomorrow 🙂
[13:52]   r m : yes Assortz, just like for northies, anyone south of Nagpur is Madrasi 🙂
[13:52]   Kathir : @kesav good i accept
[13:53]   Assortz : yeah I know that 🙂
[13:53]   r m : 🙂
[13:54]   Assortz : pink gone flat again..
[13:54]   Keshav : @janak how come you yove to pondicherry?
[13:54]   Keshav : moved
[13:56]   Ravi : sbi is inching up
[13:57]   Janak : what bn is likely to do here is shoot up to 805 (vwap) and catch lot of bears anaware and then fall
[13:58]   r m : 785 is vwap, you want to give it a shove?
[13:58]   Janak : ok 785
[13:59]   Assortz : quite possible..but my hunch is move below 635 once again to catch VWAP again..
[14:00]   Keshav : thats what it should do
[14:00]   Keshav : back to vwap
[14:00]   Keshav : trap people there
[14:01]   r m : double jeopardy? trigger long sls first then take short sl!
[14:01]   Assortz : yes sir 🙂
[14:01]   r m : bnf has every trick up its sleeve
[14:02]   Janak : 819 is hypo1 tgt
[14:04]   Janak : vow
[14:04]   Assortz : 590/600 should hold..support as well as yday breakout started here
[14:04]   Janak : hypo2
[14:05]   Assortz : NF holding
[14:05]   Assortz : algo at low
[14:06]   r m : yes,18633.55 14850 volume
[14:06]   Assortz : 18742 seller seems covered here 🙂
[14:06]   r m : 🙂
[14:06]   r m : 100 point good enough for an algo
[14:07]   r m : Only Janak insists on 1000 or nothing 🙂
[14:07]   Assortz : 🙂
[14:07]   Janak : shai’s level 566 ought to come
[14:08]   r m : @Janak, Shai has put a hurdle at 612!
[14:09]   Janak : the downmoves have been 70-80 pts so from 640 it shd do 570-60
[14:09]   Janak : lets c
[14:13]   Janak : 3 hypo2 entries – all gave atleast 30-40
[14:14]   r m : this one seems to be bending your way too
[14:14]   Amit J : 80% bnf
[14:15]   Janak : 580!
[14:18]   r m : 570 is the low, Long live Janak!
[14:19]   Kathir : nf delta -240
[14:21]   Kathir : yes janak judged great
[14:22]   Janak : 8250 pe at 25 is a good and safe trade rm? for 10-15 bucks
[14:22]   Janak : or maybe for a carry? tom 8200 may come?
[14:23]   Janak : or the last hour may see a 50 pt tank?
[14:23]   r m : @Janak, don’t know man, Ravi here is very good at understanding options
[14:28]   Janak : 8250 pe travelled from 2 to 26 – they would ideally take it to 50 or 100 on the momentum?
[14:28]   Janak : so 8230/20 kind of deal will give them max return?
[14:29]   Kathir : @JG shai’s level 240 below 274 mtches you almost
[14:29]   Janak : 1 hr to go and the mkt has already tanked 100 pts – so an ideal situation for the bears to go rof the kill
[14:29]   Kathir : hypo 2
[14:29]   Kathir : @janak JG is also you right?
[14:30]   Janak : kathir i am pk
[14:30]   Kathir : 🙂 lol
[14:30]   r m : yes, one soul many names 🙂
[14:30]   Kathir : ok
[14:31]   Keshav : @janak that optimism
[14:32]   r m : Optimism is Janak’s middle name 🙂
[14:33]   Assortz : final 1 hr going to be intresting
[14:34]   r m : wow, dpoc dropped below 666!
[14:34]   r m : Janak power’
[14:34]   Amit J : RM can we expect close at low as it if trending day
[14:34]   r m : it is not a trend day
[14:34]   Amit J : ok
[14:35]   r m : Normal Variation day, but close at lows possible
[14:35]   Amit J : what is other possibility
[14:36]   r m : only half an hour left, so other possiblity should be close at vwap
[14:38]   r m : oops one hour left
[14:40]   Kathir : @rm whats is the avg volume for nf this month
[14:40]   r m : let me check
[14:41]   r m : http://screencast.com/t/fLHpkYnKf1iq
[14:42]   r m : bnf took support at yesteday’s IBH level
[14:42]   r m : support till Janak breaks it 🙂
[14:47]   r m : @Kathir, average since 28th is 2903K
[14:47]   r m : oops, that is BNF
[14:47]   Assortz : hypo1
[14:48]   r m : average volume for NF since 28th is 10 million
[14:50]   Kathir : @rm thanks
[14:50]   r m : welcome
[15:06]   Janak : traders’mkt today – from 700 level bn fell for 70 for the 4th time
[15:09]   Amit J : it is indicating that they will create pressure on put writers tomorrow
[15:10]   Janak : no amit – it can be a sharp rally again to trap the shorts
[15:11]   Janak : but mostly it would boil down to the 1st hour’s power-play or as usual last hour
[15:12]   Janak : 8 to 16 in 8250pe
[15:12]   Amit J : rcap +
[15:16]   Ravi : onlt 18100 and 18300pe writers are there.That too OTM
[15:17]   Assortz : trying to close below 18600
[15:17]   Ravi : OPTION PAIN Shifted from 18800-18700-18600 now in todays session
[15:20]   Ravi : oi dec 11.77 and Jan 11.57 for bnf
[15:24]   Janak : tom – many options might work as a big lottery – 8350ce at 3 and 8200pe at 6 now – tom morning if mkt opens here – they would be half?
[15:24]   Ravi : option pain of 18600 is supporting bnf spot above 18600+
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Porus : bye
[15:30]   Kathir : thanks and bye all
[15:31]   Keshav : good day