General Chat Transcript
Date and Time: November 26, 2014 09:24:06
[08:54] r m : Good Morning folks!
[08:54] r m : http://vtrender.com/levels-and-plan-for-2611/
[08:54] r m : http://vtrender.com/premium/orderflow-charts-and-notes-2511/
[08:55] Porus : GM all
[08:55] r m : NF Hypo1 Below 8433➜8403➜8392 SL8451 Hypo2 Above 8483➜8505➜8540 SL below 8470 NOV Fut levels
[08:56] r m : BNF Hypo1 Below 18110➜18015➜17941 SL 18138 Hypo2 Above 18145➜18201➜18270 SL 18115 NOV Fut levels
[08:58] Sharad : GM all
[09:10] Ravi V P : GM to you all
[09:13] Shai : GM all
[09:16] r m : Banknifty at lows of Hypo1 in opening ticks!
[09:17] Ravi V P : no charts
[09:17] Porus : Are the charts up? Cant see them.
[09:17] Sumit : gm everyone
[09:17] Shai : Charts up in a min
[09:27] Shai : BNF has opened away from range and value
[09:33] Sharad : NF volume till now 12 lacs …while OI November future reduced from yesterday is 20 lacs .. how ?
[09:34] r m : shorts and longs both covering will result in such a situation
[09:34] Sharad : ok Thanks RM
[09:35] r m : perhaps caused by rollovers to DEC
[09:35] r m : welcome
[09:35] Sharad : in last 3 days November OI reduced by 1 crore
[09:35] r m : yes
[09:35] Sharad : something big happening
[09:36] Sharad : don’t know what
[09:36] Ravi V P : BN 18100-17900 PE writers started covering since yeaterday afternoon
[09:38] r m : NF daily OI chart http://screencast.com/t/QakX779qxR7
[09:39] Sharad : Near month is december right
[09:39] r m : near is nov, far is dec + jan in this chart
[09:40] Sharad : ok
[09:40] r m : general usage is near for current month and next and far for the coming months
[09:41] Sharad : ok good
[09:42] Sharad : in my chart Nifty Near is December 8520
[09:42] r m : ok
[09:42] Sharad : and Active future is November
[09:42] Sharad : far is January
[09:43] r m : ok, guess I borrowed the usage from some ancient website 🙂
[09:43] Sharad : its ok
[09:44] r m : gap filled in both
[09:46] Shai : BNF can do 18092 abv 18031
[09:46] Shai : sl of 18005
[09:46] Shai : looks like an OPen rejection reverse
[09:46] Shai : NF buyers from yesterday at 8437 holding steady
[09:47] Shai : 17940 and 17970 are the ref areas for the BNF on the lower side today
[09:47] Shai : If 17940 breaks again then we can go as low as 17740 by tom
[09:48] Sharad : and if does not break how high can go back
[09:48] Shai : upto 18135
[09:48] Sharad : ok
[09:51] Amit J : GM
[09:54] Shai : NF auction has to stay abv 8468 fr next 2 hours
[09:54] Shai : then shorts will look to close and we can see 8498-8505
[09:54] Shai : all clear abv 8505 for the bulls
[09:55] Sharad : Shai then take it to new high…
[09:55] Shai : Sharad long liquidation seen yesterday
[09:55] Shai : so new highs may be diff
[09:56] Shai : for this series +2 days
[09:56] Sharad : just dreaming even 8505 is also ok
[09:57] Shai : 🙂
[09:59] Ravi V P : 8400pe writers twice than 8500 ce writers now unlike yestarday
[10:16] Shai : 8400 pe believeing in that low established yesterday- http://screencast.com/t/tj8XZeh7UDf
[10:16] Shai : but could also mean 8400- 8500 range for the rest of this expiry
[10:17] Shai : ) Pull back low was 8473 for the trend day
[10:17] Ravi V P : Max pain is at8450
[10:17] Shai : Pull back high actually
[10:17] Shai : ) Pull back high was 18093 and is res short term
[10:18] Sharad : 2767 lot tick buy
[10:18] Shai : the day after trend day those pull back levels are parameters to test the trend day strength or otherwise
[10:27] Shai : Nf getting buyers at vwap
[10:28] Shai : we will take that long trade abv 8474 instead of 8483 for 8505 sl of 8460
[10:29] Shai : BNF at vwap and in between that 940- 970 supp
[10:56] Shai : so close to expiry and vix is at series lows
[10:58] Kathir : Good Morning Shai RM and all friends
[10:59] r m : Hi Kathir
[11:00] Janak : nice setup for a W till 18080
[11:01] Janak : atleast vwap is on and also the DPOC?
[11:01] Shai : 17940 to 17980 long trade in BNF with sl of 17903
[11:15] Kathir : @SHARAD dlf cash low shows 136.5..is it traded
[11:17] Shai : dlf is giving nighmares to both bulls and bears this expiry
[11:18] Kathir : 🙂
[11:18] Shai : 17940 cross needed for a 40 point long bnf
[11:19] Kathir : it is very good for pe and ce writers at same time
[11:19] Kathir : 09:47 Shai : If 17940 breaks again then we can go as low as 17740 by tom
[11:20] Kathir : @shai for this view what SL?
[11:25] Sharad : Kathir i have only futures data
[11:27] Shai : Take the view below day low now with stop of vwap
[11:27] Kathir : ok thanks
[11:28] Kathir : sharad ok
[11:29] Ravi V P : change in OI of 18000 pe and 18100 ce is 1:3
[11:29] Kathir : sharad do you have options data
[11:29] Sharad : yes
[11:30] Kathir : pls check whether the high of dlf 140 pe 4.95 traded or not?
[11:30] Ravi V P : Sorry18000ce:17800pe is 3:1
[11:32] Sharad : yes 60
[11:33] Kathir : 60 lots?
[11:33] Sharad : wait that was 1 min data
[11:34] Kathir : ok
[11:34] Sharad : 6 lots total 5 ticks
[11:35] Kathir : ok thanks sharad
[11:35] Sharad : welcome
[11:36] Kathir : ranbaxy seems to be taking supp in this range for a while
[11:36] Sharad : yes god knows what expiry it planning
[11:37] Kathir : above 32-33 it may get short covering as shai mentioned
[11:37] Sharad : range is 610 to 627 right now
[11:38] Kathir : ok
[11:38] r m : delta is increasing at lows for NF, looks like aggressive buying at lows
[11:39] Sharad : RM only buying no price push up…LOL
[11:39] Sharad : let it cross 8475 then only somthing big expected
[11:39] Kathir : @sharad aggressive means RM default
[11:40] Sharad : ok
[11:42] r m : @Kathir 🙂
[11:43] r m : actually aggresive for me means delta, now pink and green is green, means pasive joined the chorus 🙂
[11:43] Kathir : @rm ok. what is your view on setlmnt close range based on data’s
[11:44] r m : but below vwap all in vain
[11:44] Kathir : just 3 points more no worries
[11:44] r m : @Kathir, I am the most viewless person you will ever meet 😀
[11:45] Kathir : lol
[11:45] Kathir : looks like easy for bnf upto 18000
[11:57] r m : I forgot that there was this Shai-rekha too!
[11:58] Kathir : where it is ge
[11:58] Shai : 17982
[11:58] r m : oops, that red line is OPEN price 😀
[11:59] r m : for NF
[11:59] Kathir : shai rekha is thick red line
[11:59] r m : yeah, visual error 😀
[11:59] Shai : Years back when I traded ES the unwritten rule was that before thanksgiving bears and bulls kept the market up
[12:00] Shai : that was the mutual agreement just like diwali day here
[12:00] Kathir : oh ok
[12:00] Kathir : when is thanksgiving
[12:01] Shai : thurs
[12:01] Shai : 4th thurs always of NOv
[12:01] Kathir : ok
[12:01] r m : our expiry their thanksgiving 🙂
[12:01] Kathir : ours is unlimited no thanksgiving and all
[12:01] Shai : So we will expect ES to stay up
[12:02] Kathir : @shai is it possible for nf to close betwn 8560-580 tomrw setlmnt close?
[12:03] Shai : For the info of our team here (and before you here about it anyplace else) I will be speaking at a traders conference in May next year on Market Profile
[12:03] r m : Great!
[12:03] Kathir : wow
[12:03] Kathir : which place shai -pune
[12:03] Shai : Details still in the planning stage but will update on email soon
[12:04] Shai : Kathir venue in Mumbai
[12:04] Kathir : ok please update =possible ii will come and participate – not speach
[12:04] Shai : and it is a traders conference been done for the past 3 years now
[12:05] Kathir : is it open to all or only for initations
[12:05] Kathir : invite
[12:05] Shai : open to all
[12:06] Kathir : ok shai please let us know once the program is fixed
[12:06] Kathir : @rm i have never been to mumbai
[12:06] Shai : It’s more of a retreat – costs involved are lodging
[12:07] Shai : will get details and update
[12:07] Kathir : ok sure
[12:07] Kathir : person new to mumbai without hindi knowledge will be difficult right? to travel etc
[12:07] r m : @Kathir, I have been there but in middle ages when one could actualy get a seat in local trains in non-peak hours 🙂
[12:07] r m : 1990
[12:08] Kathir : oh 🙂
[12:08] Kathir : how far is mumbai to you DD
[12:08] r m : Mumbai is easy, very few roads so no confusion about direction 🙂
[12:09] Kathir : but i should know which direction i have to go
[12:09] r m : I was in Delhi those days, 15 hours by Rajdhani and 2.5 hours by flight
[12:09] Kathir : ok
[12:10] r m : I used to get free air tickets 🙂
[12:10] Kathir : oh great you worked for Indian airlines right?
[12:10] r m : yes, now extinct!
[12:11] Kathir : now news i read lots of IA pilots resighning
[12:12] r m : they get better offers from private airines who don’t have training facilities, too costly to train a pilot, much cheaper to poach 🙂
[12:13] Porus : Shai, NF been below 8468 for a little more than 2 hrs. Are we yet to see short covering , or now will not happen?
[12:14] Shai : Porus fairly neutral
[12:14] Shai : buyers at lows seen yesterday and today
[12:14] Shai : But sellers from yesterday still holding up the level abv
[12:14] Kathir : premium has come to just 7 or 8 points in NF
[12:15] Kathir : @RM in india all private airlines are in bad condition right ecept one or two?
[12:15] Kathir : ecept
[12:15] Kathir : except
[12:16] r m : I think Indigo is run professionally
[12:16] r m : other are family business mostly
[12:16] Kathir : yeah no news for them
[12:16] Kathir : ok
[12:17] r m : So like all family business in India they just suck the shareholder dry 🙂
[12:17] Assortz : @rm bby always a close to heart place 🙂
[12:17] Kathir : true 🙂
[12:17] Assortz : Hi Kathir..lets see if we can make it in May
[12:18] r m : @Assortz, yes man being a half home for you 🙂
[12:18] Assortz : but I love to fly to Pune rather than bby..@shai 🙂
[12:18] Kathir : HI man
[12:18] Kathir : @assortz – you mean we go to mumbai this MAY
[12:18] Assortz : its a long due to visit pune for some other reason
[12:19] Assortz : Kathir lets try..:)
[12:19] Kathir : it will be usefull if we go to shai’s meeting
[12:19] Shai : Assortz don’t forget to call me when here 🙂
[12:20] Assortz : of course Shai 🙂
[12:21] Kathir : @shai only person i know in pune is you 🙂
[12:21] Shai : 🙂
[12:21] r m : 🙂
[12:22] Kathir : better shai upload his photo in VT website so that we all know who is shai
[12:23] Shai : 🙂
[12:23] r m : 😀
[12:24] Shai : so far a normal day
[12:24] Shai : range extension definitely possible
[12:25] Shai : If keeping triggers for buy abv’s the upward move can spike up
[12:25] Kathir : @shai is it possible for nf to close betwn 8560-580 tomrw setlmnt close?
[12:25] Shai : so ensure sufficent play between limit and mkt
[12:26] Shai : Kathir looking like 8473-8505 now
[12:26] Kathir : OK
[12:32] Assortz : (12:25) Shai :If keeping triggers for buy abv’s the upward move can spike up/@Shai I don’t get it
[12:33] Shai : diff between trigger and market price for trigger
[12:34] Assortz : oh ok
[12:43] Janak : (12:03) Shai :For the info of our team here (and before you here about it anyplace else) I will be speaking at a traders conference in May next year on Market Profile
[12:44] r m : agressive buyers checking out in NF?
[12:44] Janak : shai we wish to hear you here daily for 30 min for a spoon-fed trade entry/exit 🙂
[12:44] Janak : yeah rm delta going down but still it is huge man 274 vs -3 in bn
[12:45] r m : @Janak, spoon feeding at midnight http://vtrender.com/levels-and-plan-for-2611/
[12:45] r m : 🙂
[12:45] Janak : that is non-verbal – we want shai to speak – 125 cr members of MP ;-
[12:46] r m : DEC delta is on the other side, maybe rollovers in progress
[12:46] Kathir : 125 cr almost full of indian population
[12:47] r m : Yeah, Janak wants Shai to take over from Modi when he retires 🙂
[12:47] Kathir : another 10 years wait
[12:48] Janak : RM shai will give his speech in a five-star hotel of some hill-station – will not he need two assistants? ::
[12:48] r m : one is already preparing the charts and printouts 😀
[12:48] Janak : lol
[12:48] Kathir : 🙂
[12:48] Kathir : lol
[12:49] Janak : looks like 18015 on
[12:49] Kathir : may be there will be competition for the onter one
[12:49] Kathir : other
[12:50] Kathir : pink in bnf
[12:50] Janak : yeah kathir – sha told me that apart from me he needs two more ass. so comp. on for the other one now ;
[12:51] Janak : i will be his PR meeting beautiful women discussing OAIR etc. over a pint of guiness
[12:51] Kathir : then let me try ..will shai accept recommendations from politicians
[12:51] Kathir : lol
[12:52] Kathir : beautifull women discussing OAIR ? confusing
[12:52] Janak : Outdoor And Indoor Romance ;;
[12:52] Kathir : only their husband or boy friends needs to discuss al those stuffs..they want only pay out
[12:52] Kathir : lol
[12:53] r m : 🙂
[12:53] Kathir : @RM janaks defenition for OAIR? new to shai also
[12:54] r m : I often wonder how Janak can trade these charts, no curves here, only angles 🙂
[12:54] Janak : ha ha ha
[12:54] Kathir : 🙂
[12:54] Amit J : shai great to hear about conference. will definetely attend. Our group can have a get together in mumbai.
[12:55] Kathir : yeah Amit in mumbai right.
[12:55] Shai : surely 🙂
[12:59] Shai : 8465
[13:03] r m : Shai-rekha cometh!
[13:03] Kathir : yeah
[13:04] Shai : icici spilts on 5th dec an pnb on 19th dec- just info for chartists
[13:07] Assortz : Shai, 8490 plays any role today for resistance?
[13:07] Shai : 8486 maybe
[13:08] Sharad : if 8486 crossed then straight to 8540 ??
[13:08] Assortz : IB high cleared and looking forward 8486
[13:08] Shai : No 8505 sill there- scene of the crime
[13:08] Assortz : 8505 FA 🙂
[13:08] r m : yesterday’s vwap in NF reached
[13:08] Sharad : 8484
[13:09] Shai : hard stops at 8467- vwap band not impressed
[13:09] Shai : If you are not in longs – don’t chase price here
[13:10] Sharad : 8500 CE writers not bugging at all
[13:12] Janak : that is bearish?
[13:14] Shai : Buyers need to add up quickly 8476
[13:14] Janak : green of is too strong to be flat
[13:14] Shai : overall volumes not there for the break up wards
[13:16] Janak : positive is nf delta – superstrong
[13:17] Shai : HOS stock view : Manaksia (makers of Mortin ) going for demerger- price tgt is 150 about 20% up by 4th dec cmp is 128 now
[13:18] Chiranthan : what is HOS?
[13:19] Shai : heard on street
[13:22] Janak : http://www.thebetterindia.com/16571/my-story-honest-man-lottery-ticket-seller-sudhakaran-kerala/
[13:23] Janak : 8505/18080 loos safer now?
[13:23] Janak : looks
[13:28] Shai : vwapp band slowly expanding
[13:29] Shai : 8467 should hold now into close
[13:29] Shai : tgt 8505
[13:29] Janak : shai can book part around 8486 or hold till 8505?
[13:29] Shai : can go to 8499/ 8505
[13:29] Sharad : Shai if 8505 not crossed then how low again we can go till expiry
[13:29] Janak : and the queen?
[13:30] Sharad : 8498
[13:30] Shai : Sharad view was that we established a low at 8437 yesterday
[13:30] Janak : holy…..had kept book-orders betn 18050-60 – in one tick booked::
[13:31] Janak : that spike went to 18092???
[13:31] Shai : 18076- 18110 -18135
[13:32] Sharad : 8501 … not seen on chart
[13:32] Sharad : 7000 lots 2 ticks
[13:32] Sharad : buying
[13:33] Janak : (13:29) Shai :can go to 8499/ 8505
[13:33] Janak : brilliant shai
[13:33] Sharad : 8502.70
[13:33] Shai : sellers in a corner
[13:35] Shai : Book longs and put new trigger abv 8509
[13:35] Sharad : sold @ 24
[13:36] Sharad : 8500 Ce from 13
[13:36] Shai : Force of the move will be bigger if 8506 crssed
[13:36] Shai : But for now retest 8486
[13:38] Sharad : 8500 CE 10 lacs reduced
[13:40] Janak : queens comes alive!
[13:40] Janak : queen
[13:40] Shai : 18135 cross is 18205- (13:31) Shai :18076- 18110 -18135
[13:41] Janak : 200 up from day low
[13:41] Sharad : 8504.75
[13:42] Shai : can do from 145 as hypo2 : Hypo2) IF BNF auctions above 18145 then can ht 18201 and 18270 again. Sl for this view is 18115.
[13:44] Shai : Nf down to 8486 and then back abv 8505 will be better for structure
[13:44] Sharad : As you say my Aka … says NF
[13:45] Shai : but then if shorts panic 8550 can happen quickly
[13:45] Sharad : 8550 wow…
[13:46] r m : @Sharad, lol, So Shai’s MP is the “Alladin ka chiraag” 🙂
[13:46] Sharad : yes
[13:46] Janak : 2ib is 180?
[13:47] Shai : lol – just verbalising my thoughts
[13:47] Sharad : keep it up shai..
[13:47] r m : yes Janak, IBH + range 139
[13:47] r m : IB range
[13:48] Sharad : Rel Capital and DLF dancing very much
[13:54] Janak : spike to 140!
[13:54] Shai : NF will give 8540/ 60 abv 8509
[13:54] Shai : that can be taken with sl of 8497
[13:55] Shai : Not a great trade but a good risk reward
[13:55] Janak : clever play by bulls to encash on cheap ces
[13:56] Kathir : 8400 ce 58 to 107 almost doubled
[13:57] Shai : 8512
[13:58] Shai : Not cmofy with the new long with vwap band here but 8497 is a good stop
[14:03] Porus : Shai SL for this view – 13:40 Shai : 18135 cross is 1820
[14:04] Shai : 18110\
[14:05] Shai : can’t risk a lot as it has moved up 240 from lows already
[14:05] Janak : 2ib still might be a safe bet shai as nf has done it?
[14:07] Janak : or last WKH – 18161
[14:08] Shai : yes both have stopped below last wk highs
[14:09] Shai : till we stay abv those 2 red lines 8500 and 18114 it’s not a worry for longs
[14:15] Sharad : DLF 151
[14:16] Shai : NF / BNF out of longs
[14:16] Shai : watch at 18046/ 8486
[14:17] Amit J : shai your view on dlf please
[14:19] Sharad : 153
[14:20] Kathir : @SHARAD dlf 150 ce low 15 paise now 5 rs 🙂 osmebody made big money
[14:21] Sharad : yes
[14:21] Sharad : because of expiry very volatile …people are short huge
[14:22] Sharad : and some anlyst said it may double from 130-140
[14:22] Shai : Yes I agree avoid dlf moving on OI now
[14:22] Kathir : yeah still short covering not yet come i guess
[14:23] Sharad : i will trade after expiry in DLF
[14:23] Shai : same view 152- 155 res cross can be 164- 171
[14:23] Kathir : ok
[14:25] Shai : DLF OI- http://screencast.com/t/j6nGtsGM5jZD
[14:25] Shai : intra players + short coverng
[14:28] Shai : 8500 ce down 51K
[14:29] Sharad : thats peanut Shai.. still 60 lacs OI
[14:29] Sharad : 72 lac in afternoon at low
[14:29] Shai : yes about 22 L added yesterday
[14:30] Ravi V P : But 8400PE OI is 72.90 lacs at 3.60
[14:30] Sharad : ravi 8400 not in picture at all
[14:30] Sharad : Game is at 8500
[14:31] Janak : VWP/DPOC are far behind
[14:31] Janak : below
[14:31] Sharad : NF OI is still 1.15 crore thats huge i think
[14:32] Ravi V P : Max pain is at 8450-8475
[14:33] Sharad : Ravi FII bot from day one in this expiry so they see their benefite not max pain
[14:34] Kathir : sharad whats last setlmnt close price NF and bnf
[14:34] Shai : weekly OI change – slightly bigger TF into expiry tom- http://screencast.com/t/g3weBmesR3
[14:34] Ravi V P : They have written options
[14:34] Shai : suggests 8500 ce under pressure tom
[14:34] Chiranthan : 8450 pe a good buy?
[14:36] Shai : No
[14:36] Shai : not here
[14:37] Shai : 8500 ce written between 31- 11 with vwap of 17 : http://screencast.com/t/xOKFwaSf0l
[14:37] Ravi V P : Change in OI 8550ce 279075 8450pe 1578600
[14:37] Kathir : chiranthan wait for tomorw
[14:38] Sharad : Shai can we go above 8540 tomorrow ?
[14:38] Sharad : if we hold 8486
[14:39] Kathir : @sharad sgx traded 8570 and 8400 yest ..either one is possible ? your view
[14:40] Sharad : i bot CE so obviously 8570
[14:40] Kathir : ok 🙂 is it possible to take this weeks high low for sgx nift
[14:40] Shai : Sharad upto 8540- 8558 acc to me max upside
[14:41] Sharad : Shai i want that only 8558… if comes great
[14:41] Kathir : @shai dlf 155 big resi ?
[14:41] Amit J : dlf 136 low and now 154. what a move
[14:41] Sharad : so i will hold CE till 8558 tomorrow
[14:43] Sharad : or 8486.. whichever earlier
[14:43] Shai : Yes Amit
[14:44] Shai : I think Anay here was looking at longs around 141 yesterday
[14:46] Shai : Yes sellers should use dips to 8486 to cover shorts
[14:46] Sharad : some one messaging DLF 162-63 tomorrow
[14:48] Shai : 156 cash to 151 down first
[14:49] Sharad : i am not trading… after wxpiry
[14:49] Shai : 163 possible abv 157 by friday
[14:51] Chiranthan : nf a buy now?
[14:54] Kathir : chiranthan intraday?
[14:54] Chiranthan : yes
[14:54] Shai : buy abv 8486 only with sl of 73
[14:54] Kathir : betetr to avoid intrday trade now
[14:55] Chiranthan : ok kathir
[14:55] Shai : and tom – movement is based on OI now not technical
[14:55] Kathir : @shai markets moving towards lows?
[14:56] Shai : no vwap should hold
[14:56] Shai : 8473 supp
[14:56] Kathir : @sharad any views on rollover percentage? no algo’s yet
[14:57] Kathir : ok shai vwap also near to 73
[15:02] Kathir : @shai will that red line (shai rekha move automatically intrday basis)?
[15:02] Shai : yes it moves a bit depending on vols at that level but not major
[15:02] Kathir : ok thanks
[15:04] Chiranthan : what is the red line at 8469?
[15:05] Shai : It’s a ref line based on previous activity in the region
[15:05] Shai : can take it from hypos
[15:06] Shai : like day before was 8471 toay 8473 and mentioned long abv 8474 toay
[15:06] Chiranthan : ok
[15:07] Shai : not abs moves around by 5 ponts
[15:09] Amit J : http://in.reuters.com/article/2014/11/26/india-economy-breakingviews-idINL3N0TF2VN20141126
[15:13] r m : Thanks Amit!
[15:18] Kathir : thanks amit
[15:22] Porus : shai, is the nf expiry range now clear?
[15:22] Shai : Yes Porus : (12:26) Shai :Kathir looking like 8473-8505 now
[15:23] Shai : extensions possible to 8540 and 8437 in last 45 mns
[15:23] Shai : can’t be rigid
[15:25] Porus : How will next months opening price be influenced by this range, if at all?
[15:26] Kathir : @shai VIX chas come up from lows
[15:27] Shai : Porus gen market particpants will wait our RBI now on dec 2 before taking positions
[15:27] Shai : expecting a quiet fri and mon in the lead up
[15:27] Shai : Kathir vix should start moving up till tues- same reasoning
[15:27] Kathir : ok
[15:28] Shai : this vix at 13 is now refelcting dec options not nov
[15:28] Kathir : oh ok
[15:28] Shai : so once RBI is out is indicative of a low volatility range for dec
[15:29] Kathir : @shai what abt IT index from here
[15:29] Kathir : 11775
[15:30] Shai : 11770 now 11650 more likely
[15:30] Kathir : ok
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Shai : Bye all
[15:30] Shai : Have a nice eve
[15:31] Porus : bye
[15:31] Kathir : Thanks and bye all..have a great expiry tomrw///