General Chat Transcript
Room Name: Vtrender
Date and Time: January 28, 2015 09:19:10[08:49] r m : Good Morning folks
[08:49] r m : http://vtrender.com/levels-and-plan-for-28th-jan/
[08:49] Porus : GM all
[08:50] r m : NF Hypo1 above 8875➜8940-42➜9005 SL 8865 Hypo2 below 8854➜8827➜8810 SL 8875 JAN Future levels
[08:50] r m : BNF Hypo1 above 20488➜20570➜20650 SL 20429 Hypo2 below 20424➜20294 SL 20488 JAN Future levels
[08:58] Kathir : Good Morning RM porus
[09:01] r m : Hi Kathir
[09:05] Tejpreet : GM all.
[09:08] Shai : GM all
[09:08] RK : GM all
[09:08] Shai : Kept the ref line again at 8875 and we maintain bullishness and revisit of yesterday afternoon auction levels above this points
[09:09] Shai : BNF ref area at 12470- 12488 the first anomaly
[09:10] Kathir : Hi Shai RK
[09:14] Shai : Hi Kathir
[09:14] Rahul G : hello all GM
[09:22] Shai : 20550 F was the upper estimate of BNF yesterday
[09:22] Shai : 20486 ref area
[09:23] Shai : let’s see how the auction behaves here
[09:24] Shai : Feb charts in place of the FP charts today to balance the view between series
[09:28] Tejpreet : @Shai The 3 orange vwap are high ,mid n low.
[09:28] Tejpreet : and the Blue dark at 8907 is DPOC
[09:29] Rahul G : the up and below once are the Standard deviation 2 from the VWAP
[09:30] Tejpreet : Ok got it.
[09:32] Shai : 20570
[09:37] RK : Hi Kathir
[10:10] Kathir : @shai 20650 possible now bnf ?
[10:16] RK : Shai TCS any levels for upmove?
[10:18] r m : big buyer in BNF near vwap
[10:18] Shai : 20650 looked excess but we will wait for some good volumes abv 20570 for that
[10:18] Kathir : ok
[10:20] Shai : tcs if 2518 sl holds can see 2559/ 2564
[10:21] Shai : selling coming in NF
[10:23] RK : thanks
[10:26] Kathir : 8800 pe and 9000 ce both huge volumes today
[10:26] Shai : 20544 is a single buy order in BNF
[10:26] r m : ok
[10:27] Rahul G : shai I did not get you single print buy order means
[10:27] Shai : one or two institutions
[10:27] Shai : only placing that bulk order
[10:28] Rahul G : so they placed this buy order at tht point
[10:28] Shai : yes
[10:28] Shai : will be an important level
[10:29] Shai : wht it woill do now is hold price meovement there for some time
[10:29] Kathir : shai even bnf has huge sell volume at today highs?
[10:29] Kathir : NF i mean
[10:30] Rahul G : okay thanks
[10:30] Kathir : 38975,32300 38250…
[10:30] r m : @Kathir, buyer 62700, 63950 equal contest
[10:31] Kathir : oh near vwap ok
[10:31] r m : yes
[10:32] Kathir : tough fight like kejriwal and kiran bedi
[10:32] r m : lol
[10:32] Kathir : dont know who is bull and who is bear
[10:33] Shai : Kathir try to look for a seller at the top of the bar in red and buyer in green at the bottom
[10:33] r m : yesterday I read somewhere that now since Rahul Gandhi has begun campaigning, BJPs victory is sure
[10:33] Shai : those are the more aggressive traders
[10:33] Kathir : ok shai
[10:33] Shai : like 10.10 in NF at 38975
[10:34] Kathir : yes shai got it
[10:34] Porus : Shai why is nf delta at around 8925 moving when price is at 8911?
[10:35] Kathir : @RM lol..RG congress men confused to whom he is campaigning for
[10:36] r m : @Kathir, there was an even better view that Rahul Gandhi’s campaign expenses should be added to BJP expenditure on elections
[10:36] Kathir : lol
[10:37] Kathir : @RM is the delta value on top is overall value?
[10:38] r m : looks like that
[10:38] Kathir : if thats the case nf and bnf both at diff eds
[10:38] Kathir : ends
[10:38] r m : yes
[10:41] Kathir : @rm based on yes bank theory bnf has to go down
[10:42] r m : ok Kathir
[10:43] Rahul G : shai can we take this pink in BN
[10:43] r m : @Kathir, NF seems to be rollovers, delta is positive in feb
[10:44] Kathir : ok
[10:45] Kathir : rollover was around 43 % for nf i guess
[10:45] r m : everybody writing 8900! 5.45 lakh CE and 8 lakh PE added
[10:46] Shai : Ye Rahul can sl will be 20570
[10:46] Rahul G : thanks
[10:46] Shai : Market is very range bound here as it is just before expiry for a few hours
[10:46] Shai : expectiing a quite period to facilitate rollovers
[11:07] r m : NF in search of seller!
[11:09] Shai : 8940
[11:09] Shai : FEB is leading above IBH
[11:10] r m : (10:45) r m:everybody writing 8900! 5.45 lakh CE and 8 lakh PE added – 40K CE and 150K PE added in last 20 minutes
[11:12] Shai : also 9000 pe of feb is getting attention
[11:12] r m : ok
[11:15] r m : 20650
[11:15] r m : above 8942
[11:17] Shai : ballistic again
[11:18] r m : climbing on red delta
[11:22] Shai : 20640 supp in BNF
[11:22] Shai : 8923 in NF
[11:23] Shai : can do 9005 if 8925 holds
[11:28] Shai : 9000 ce is 25
[11:30] RK : they want to write it at 55-60 the usual game of this series
[11:34] Shai : fomc statement for us is tomorrow open
[11:35] Shai : that added risk of writing overnight for 1 day is there
[11:49] RK : Shai LT around any resistance?
[11:50] Shai : yes about 1767 was res yesterday
[11:50] Shai : 1720 can supp
[11:51] RK : thanks
[11:51] Shai : people expecting 1828
[11:51] RK : ok
[11:51] Shai : based on india us nuclear deal
[11:53] RK : HUL that 929 provided a nice bounce
[11:53] Shai : nice
[11:54] Shai : 20824/ 20914 objective in BNF if we stay above 20640
[11:54] Kathir : @SHAI NTPC any chance for upside move
[11:54] RK : Tata steel negotiating the support around 393
[11:56] Shai : ntpc 145.1 res
[11:56] Shai : still range bund
[11:56] Shai : bound*
[11:58] Kathir : above 145.1 will it touch 150?
[12:01] Kathir : @rm 21k ce 8 to 40
[12:05] r m : you gave advance warning too!
[12:06] Kathir :
[12:19] Shai : bnf continues up
[12:20] Shai : 20825
[12:21] Kathir : 11:54 Shai : 20824/ 20914 objective in BNF if we stay above 20640
[12:21] Kathir : @shai if you say this “11:54 Shai : 20824/ 20914 objective in BNF if we stay above 20640″
[12:22] Kathir : stay above for some minimum time ?
[12:24] r m : basically it means using 20640 as stop
[12:25] r m : below 20640 that view will not be valid
[12:25] Kathir : ok
[12:25] Kathir : based on this statement how do we take further long
[12:25] Kathir : put this as Sl simply
[12:25] Kathir : ?
[12:26] r m : either that or use a small sl and scalp in parts
[12:26] Kathir : @RM look at 21k ce 90 now
[12:27] Kathir : ok
[12:27] r m : @Kathir, I never look at them, what the eye does not see the heart …..
[12:27] Kathir : …..:)
[12:28] RK : Kathir watching option prices are injurious to heart esp when positionless :))
[12:28] r m : @Kathir, at that time BN was around 710-740, so risk reward was favorable using 640 as sl
[12:28] r m : @RK lol
[12:28] Kathir : lol
[12:29] Kathir : @rk the problem is i bought around 16 and exited @ 20
[12:29] r m : @Kathir, only satisfaction is that Rav’s wealth is increasing in geometric proportions – that must have kept him away
[12:29] Kathir : oh
[12:30] r m : @Kathir, that is even worses than not buying
[12:30] Kathir : lol
[12:30] r m : green/pink doing a studpendous job today
[12:30] Kathir : @rm for that SL yeah bnf was around 710 only
[12:30] RK : Yes RM..watching prices is far better than watcing missed profits
[12:31] RK : Kathir missed such many opportunities in this series..ranging from index, Equities, options
[12:31] r m : @RK, watching only makes me confident (till such time that i actually take the trade)
[12:32] r m : only good thing i did in this series is not taking anticipatory shorts!
[12:32] RK : Shai is now a days busy in picking up objectives..BNF keeps him busy..914 too done
[12:34] r m : yeah, I sometimes think that BNF looks here to know it’s objectives
[12:34] RK : that’s a terrible thing RM fighting the trend..Yes good that we are not in such category..even for sclaping never gone against this trend so far
[12:35] Tejpreet : The delta at bottom is heavily negative even yesterday it was negative still nifty moves close to 150 points without a blip, can anyone throw some light on this.
[12:36] Tejpreet : How does delta tell us about the market.
[12:36] Shai : Tejpreet it varies on expiry days and influenced by rollovers
[12:37] Shai : Rk, RM
[12:37] Shai : BNF forcing me to look up always – one day for sure I am going to fall in the ditch
[12:37] r m : lol
[12:38] r m : ditch is very deep now
[12:38] Shai : BNF 20810 holds we are looking at close at 21178
[12:38] Tejpreet : Ok you mean sell Jan and buy Feb.
[12:38] Shai : pull back 100 off 20914+
[12:38] RK : Shai the only wish what I have as of now is to not falling in the ditch
[12:38] Shai : Yes not very relaibale on expiry weeks
[12:39] Shai : RK things should settle by friday considering Fii’s are not known to do huge rllovers on expiry day
[12:39] r m : @Shai, also on trend days delta is mostly on the opposite side of the move
[12:39] Shai : true
[12:40] Shai : big pull back
[12:40] RK : intresting to see the action how they manage expiry considering big budget in next series
[12:40] Shai : almost 200 in BNF
[12:41] Shai : 207120 supp
[12:41] Shai : 20720*
[12:41] Shai : hmm
[12:42] Shai : 250 points BNF
[12:42] r m : near vwap
[12:42] Shai : 2 intra supports broken
[12:42] r m : both
[12:42] Kathir : nf delta negative in both series
[12:43] Shai : yes now longs panic
[12:44] Kathir : @rm 21k ce 8 to 130 and back to 30
[12:45] r m :
[12:45] Kathir : any outside news?
[12:45] r m : 9000CE writers covered in a hurry
[12:46] Tejpreet : @Shai am big fan of your pink green line ….if you are nimble n quick.
[12:46] Shai : important we close above 20640 and 8924
[12:47] r m : more than 3 million 8900PE added today, PCR is 1 at 8900, coming down no
[12:47] r m : now
[12:47] Shai : else we are looking at 8875
[12:50] Varun : what is yesterday POC of niftu
[12:50] Varun : nifty
[12:51] r m : should be around 8860
[12:51] Shai : 8906
[12:51] r m : oops
[12:51] Shai : 8944 resista
[12:52] Shai : sorry it is 8860
[12:52] Shai : 8906 is dpoc
[12:53] r m : ok, I was about to kill Ninja guys
[12:53] Shai :
[12:53] Kathir :
[12:54] Shai : It was becoming so easy for bulls
[12:54] Shai : and suddenly bears have come back from vacation since15th Jan
[12:55] Shai : 8994 F
[12:55] Shai : spot 8985
[12:55] RK : especially the move of yday late session and today morning in BNF has declared bears are dead and seems their sentiments are hurt
[12:57] r m : bear’s green graves all over the path from 8K to 9K
[12:58] r m : http://screencast.com/t/BPFxk4Sp
[12:58] RK : green graves :))
[12:59] r m :
[13:00] r m : needless to say that intraday graves are multi colored
[13:01] r m : nf wants to do IB band!
[13:08] Shai : we got to 8907 I think
[13:08] Shai : buyers seen absorbing the lows
[13:09] Shai : I’m split between an 8964 revisist and 8875 now
[13:09] Shai : closed
[13:09] Shai : BNF shorts come back below 20620
[13:10] Shai : for 20485 again
[13:10] Shai : sl can be vwap
[13:11] Tejpreet : BNF footprints number not coming in Jan charts.
[13:16] Shai : when the markets exceed a range that happens
[13:16] Shai : that was about 300 points in BNF in 15 minutes
[13:16] Tejpreet : Now done.
[13:18] RK : Shai LT downside levels below 1720 pls
[13:21] Shai : can move to 1690 / 1670
[13:22] RK : thanks
[13:22] Shai : welcome
[13:28] Shai : 100 below 623 already
[13:29] Shai : can’t trade BNF now
[13:30] RK : 618-502 done..that was quick one Shai..thanks
[13:32] RK : break of 8907 can target 8875 Shai with IBH SL?
[13:32] Shai : break of 8903
[13:33] RK : ok
[13:33] Shai : sl of 8927
[13:33] RK : yes
[13:33] r m : nf delta is some kind of record!
[13:33] Shai : you got that dip below 618?
[13:33] Shai : I missed it altogther
[13:34] RK : Shai I have placed my order when it was trading at 670..must say one brave step after all the waiting
[13:35] RK : the moment order got got executed, placed cover as well as SL order
[13:38] r m : @RK, well done man, congrats!
[13:38] RK : RM ditch is calling :))
[13:38] Shai : Congrats RK
[13:38] Shai : must have been a SL- M order to buy?
[13:41] r m : @RK, ditch is where bears roll in glee
[13:43] RK : Shai that was a SL buy order
[13:44] Rahul G : shai do we have FA in nifty at todays high
[13:45] Shai : No Rahul a proper range extension completed
[13:45] Shai : 3I done
[13:53] r m : looks like range extension possible on south side too
[14:03] r m : green developing in BN
[14:10] r m : somebody wanted 9K CE, it is available for 7 bucks again
[14:18] Shai : 8895
[14:19] Shai : looking at 8875 to hold
[14:19] Shai : if not drop is harder to 8810 which will be amplified by the 8900 pe writers moving out
[14:20] r m : @RK, got kicked out
[14:20] r m : http://screencast.com/t/8oW6UneNc
[14:21] Tejpreet : Couple of brokerage house indicating expiry around 8800 lvlvs suggesting buying 8800 pe .
[14:21] RK : 8903 to 8877 done
[14:21] RK : RM ?
[14:22] r m : @RK, my screen froze, so had to relog-in
[14:22] Shai : Tejpreet can’rt rule out 8736 F if we close below 8875
[14:22] RK : oh ok
[14:22] Kathir : @shai what for bnf now downside?
[14:23] Shai : 20300 approx
[14:23] Kathir : ok
[14:23] Kathir : nf discount 5 points
[14:26] Tejpreet : Even global mkts off highs …infact euro Stoxx negative now
[14:29] Shai : BNF don’t get short heavy here
[14:29] Tejpreet : @Shai views on Havell.NF low spot on 8875.70.Let see if it breaks.
[14:29] Shai : vah and hypo2 is 20428
[14:31] Shai : sorry 8897 cross – the red line
[14:31] Shai : (14:31) Shai :8897 cross can bring 8944 sl of 8874
[14:33] Kathir : @shai how do we take KRA for trading?
[14:34] Shai : Havell nothing major happening
[14:34] Shai : 27 supp and 281 resistance
[14:34] Shai : looks RB
[14:36] Tejpreet : Thanks.
[14:37] Tejpreet : 27 means 270
[14:37] Shai : yes 270 supp
[14:37] Shai : Katjr KRA is only bias in contet of the previous auction
[14:37] Shai : reamin long above it or use dips to buy or short below it
[14:37] Shai : *Kathir
[14:37] Kathir : ok shai
[14:39] Shai : buyers at 8875
[14:42] Shai : sellers are overhead
[14:42] Shai : looks like they will close it at 8837 F
[14:43] Shai : that rejection above 8897 is not looking good even though effort is being made here at 8875
[14:49] Shai : mostly last half hour before FED is anticpatory FED move based on expected spx move
[14:49] Shai : trade small can get volatile
[14:57] Varun : what is wap of nf today and poc
[14:58] Varun : chart not showing
[14:58] r m : vwap 8924 approx
[14:58] Varun : and poc
[14:58] r m : dpoc 8909
[15:08] RK : it looks like all around roll over than unloading
[15:08] RK : rolling longs to feb
[15:13] r m : ok
[15:21] Shai : vix up 10% but Iv’s are all down
[15:21] Shai : something weird
[15:26] Shai : FEd meet tom at open and then RBI on tues
[15:27] Shai : BNF has run up to 21000 already in expectation
[15:27] Shai : looks like a proper seell the news next week in BNF
[15:28] Shai : Does not look like Rajan will do anything till the budget is out now
[15:31] Shai : Bye all
[15:31] Kathir : thanks and bye all
[15:31] Shai : Have a nice evening out
[15:31] Tejpreet : Bye All.
[15:31] r m : Thanks and bye folks, have a great evening
[15:32] Porus : bye all
Date and Time: January 28, 2015 09:19:10[08:49] r m : Good Morning folks
[08:49] r m : http://vtrender.com/levels-and-plan-for-28th-jan/
[08:49] Porus : GM all
[08:50] r m : NF Hypo1 above 8875➜8940-42➜9005 SL 8865 Hypo2 below 8854➜8827➜8810 SL 8875 JAN Future levels
[08:50] r m : BNF Hypo1 above 20488➜20570➜20650 SL 20429 Hypo2 below 20424➜20294 SL 20488 JAN Future levels
[08:58] Kathir : Good Morning RM porus
[09:01] r m : Hi Kathir
[09:05] Tejpreet : GM all.
[09:08] Shai : GM all
[09:08] RK : GM all
[09:08] Shai : Kept the ref line again at 8875 and we maintain bullishness and revisit of yesterday afternoon auction levels above this points
[09:09] Shai : BNF ref area at 12470- 12488 the first anomaly
[09:10] Kathir : Hi Shai RK
[09:14] Shai : Hi Kathir
[09:14] Rahul G : hello all GM
[09:22] Shai : 20550 F was the upper estimate of BNF yesterday
[09:22] Shai : 20486 ref area
[09:23] Shai : let’s see how the auction behaves here
[09:24] Shai : Feb charts in place of the FP charts today to balance the view between series
[09:28] Tejpreet : @Shai The 3 orange vwap are high ,mid n low.
[09:28] Tejpreet : and the Blue dark at 8907 is DPOC
[09:29] Rahul G : the up and below once are the Standard deviation 2 from the VWAP
[09:30] Tejpreet : Ok got it.
[09:32] Shai : 20570
[09:37] RK : Hi Kathir
[10:10] Kathir : @shai 20650 possible now bnf ?
[10:16] RK : Shai TCS any levels for upmove?
[10:18] r m : big buyer in BNF near vwap
[10:18] Shai : 20650 looked excess but we will wait for some good volumes abv 20570 for that
[10:18] Kathir : ok
[10:20] Shai : tcs if 2518 sl holds can see 2559/ 2564
[10:21] Shai : selling coming in NF
[10:23] RK : thanks
[10:26] Kathir : 8800 pe and 9000 ce both huge volumes today
[10:26] Shai : 20544 is a single buy order in BNF
[10:26] r m : ok
[10:27] Rahul G : shai I did not get you single print buy order means
[10:27] Shai : one or two institutions
[10:27] Shai : only placing that bulk order
[10:28] Rahul G : so they placed this buy order at tht point
[10:28] Shai : yes
[10:28] Shai : will be an important level
[10:29] Shai : wht it woill do now is hold price meovement there for some time
[10:29] Kathir : shai even bnf has huge sell volume at today highs?
[10:29] Kathir : NF i mean
[10:30] Rahul G : okay thanks
[10:30] Kathir : 38975,32300 38250…
[10:30] r m : @Kathir, buyer 62700, 63950 equal contest
[10:31] Kathir : oh near vwap ok
[10:31] r m : yes
[10:32] Kathir : tough fight like kejriwal and kiran bedi
[10:32] r m : lol
[10:32] Kathir : dont know who is bull and who is bear
[10:33] Shai : Kathir try to look for a seller at the top of the bar in red and buyer in green at the bottom
[10:33] r m : yesterday I read somewhere that now since Rahul Gandhi has begun campaigning, BJPs victory is sure
[10:33] Shai : those are the more aggressive traders
[10:33] Kathir : ok shai
[10:33] Shai : like 10.10 in NF at 38975
[10:34] Kathir : yes shai got it
[10:34] Porus : Shai why is nf delta at around 8925 moving when price is at 8911?
[10:35] Kathir : @RM lol..RG congress men confused to whom he is campaigning for
[10:36] r m : @Kathir, there was an even better view that Rahul Gandhi’s campaign expenses should be added to BJP expenditure on elections
[10:36] Kathir : lol
[10:37] Kathir : @RM is the delta value on top is overall value?
[10:38] r m : looks like that
[10:38] Kathir : if thats the case nf and bnf both at diff eds
[10:38] Kathir : ends
[10:38] r m : yes
[10:41] Kathir : @rm based on yes bank theory bnf has to go down
[10:42] r m : ok Kathir
[10:43] Rahul G : shai can we take this pink in BN
[10:43] r m : @Kathir, NF seems to be rollovers, delta is positive in feb
[10:44] Kathir : ok
[10:45] Kathir : rollover was around 43 % for nf i guess
[10:45] r m : everybody writing 8900! 5.45 lakh CE and 8 lakh PE added
[10:46] Shai : Ye Rahul can sl will be 20570
[10:46] Rahul G : thanks
[10:46] Shai : Market is very range bound here as it is just before expiry for a few hours
[10:46] Shai : expectiing a quite period to facilitate rollovers
[11:07] r m : NF in search of seller!
[11:09] Shai : 8940
[11:09] Shai : FEB is leading above IBH
[11:10] r m : (10:45) r m:everybody writing 8900! 5.45 lakh CE and 8 lakh PE added – 40K CE and 150K PE added in last 20 minutes
[11:12] Shai : also 9000 pe of feb is getting attention
[11:12] r m : ok
[11:15] r m : 20650
[11:15] r m : above 8942
[11:17] Shai : ballistic again
[11:18] r m : climbing on red delta
[11:22] Shai : 20640 supp in BNF
[11:22] Shai : 8923 in NF
[11:23] Shai : can do 9005 if 8925 holds
[11:28] Shai : 9000 ce is 25
[11:30] RK : they want to write it at 55-60 the usual game of this series
[11:34] Shai : fomc statement for us is tomorrow open
[11:35] Shai : that added risk of writing overnight for 1 day is there
[11:49] RK : Shai LT around any resistance?
[11:50] Shai : yes about 1767 was res yesterday
[11:50] Shai : 1720 can supp
[11:51] RK : thanks
[11:51] Shai : people expecting 1828
[11:51] RK : ok
[11:51] Shai : based on india us nuclear deal
[11:53] RK : HUL that 929 provided a nice bounce
[11:53] Shai : nice
[11:54] Shai : 20824/ 20914 objective in BNF if we stay above 20640
[11:54] Kathir : @SHAI NTPC any chance for upside move
[11:54] RK : Tata steel negotiating the support around 393
[11:56] Shai : ntpc 145.1 res
[11:56] Shai : still range bund
[11:56] Shai : bound*
[11:58] Kathir : above 145.1 will it touch 150?
[12:01] Kathir : @rm 21k ce 8 to 40
[12:05] r m : you gave advance warning too!
[12:06] Kathir :
[12:19] Shai : bnf continues up
[12:20] Shai : 20825
[12:21] Kathir : 11:54 Shai : 20824/ 20914 objective in BNF if we stay above 20640
[12:21] Kathir : @shai if you say this “11:54 Shai : 20824/ 20914 objective in BNF if we stay above 20640″
[12:22] Kathir : stay above for some minimum time ?
[12:24] r m : basically it means using 20640 as stop
[12:25] r m : below 20640 that view will not be valid
[12:25] Kathir : ok
[12:25] Kathir : based on this statement how do we take further long
[12:25] Kathir : put this as Sl simply
[12:25] Kathir : ?
[12:26] r m : either that or use a small sl and scalp in parts
[12:26] Kathir : @RM look at 21k ce 90 now
[12:27] Kathir : ok
[12:27] r m : @Kathir, I never look at them, what the eye does not see the heart …..
[12:27] Kathir : …..:)
[12:28] RK : Kathir watching option prices are injurious to heart esp when positionless :))
[12:28] r m : @Kathir, at that time BN was around 710-740, so risk reward was favorable using 640 as sl
[12:28] r m : @RK lol
[12:28] Kathir : lol
[12:29] Kathir : @rk the problem is i bought around 16 and exited @ 20
[12:29] r m : @Kathir, only satisfaction is that Rav’s wealth is increasing in geometric proportions – that must have kept him away
[12:29] Kathir : oh
[12:30] r m : @Kathir, that is even worses than not buying
[12:30] Kathir : lol
[12:30] r m : green/pink doing a studpendous job today
[12:30] Kathir : @rm for that SL yeah bnf was around 710 only
[12:30] RK : Yes RM..watching prices is far better than watcing missed profits
[12:31] RK : Kathir missed such many opportunities in this series..ranging from index, Equities, options
[12:31] r m : @RK, watching only makes me confident (till such time that i actually take the trade)
[12:32] r m : only good thing i did in this series is not taking anticipatory shorts!
[12:32] RK : Shai is now a days busy in picking up objectives..BNF keeps him busy..914 too done
[12:34] r m : yeah, I sometimes think that BNF looks here to know it’s objectives
[12:34] RK : that’s a terrible thing RM fighting the trend..Yes good that we are not in such category..even for sclaping never gone against this trend so far
[12:35] Tejpreet : The delta at bottom is heavily negative even yesterday it was negative still nifty moves close to 150 points without a blip, can anyone throw some light on this.
[12:36] Tejpreet : How does delta tell us about the market.
[12:36] Shai : Tejpreet it varies on expiry days and influenced by rollovers
[12:37] Shai : Rk, RM
[12:37] Shai : BNF forcing me to look up always – one day for sure I am going to fall in the ditch
[12:37] r m : lol
[12:38] r m : ditch is very deep now
[12:38] Shai : BNF 20810 holds we are looking at close at 21178
[12:38] Tejpreet : Ok you mean sell Jan and buy Feb.
[12:38] Shai : pull back 100 off 20914+
[12:38] RK : Shai the only wish what I have as of now is to not falling in the ditch
[12:38] Shai : Yes not very relaibale on expiry weeks
[12:39] Shai : RK things should settle by friday considering Fii’s are not known to do huge rllovers on expiry day
[12:39] r m : @Shai, also on trend days delta is mostly on the opposite side of the move
[12:39] Shai : true
[12:40] Shai : big pull back
[12:40] RK : intresting to see the action how they manage expiry considering big budget in next series
[12:40] Shai : almost 200 in BNF
[12:41] Shai : 207120 supp
[12:41] Shai : 20720*
[12:41] Shai : hmm
[12:42] Shai : 250 points BNF
[12:42] r m : near vwap
[12:42] Shai : 2 intra supports broken
[12:42] r m : both
[12:42] Kathir : nf delta negative in both series
[12:43] Shai : yes now longs panic
[12:44] Kathir : @rm 21k ce 8 to 130 and back to 30
[12:45] r m :
[12:45] Kathir : any outside news?
[12:45] r m : 9000CE writers covered in a hurry
[12:46] Tejpreet : @Shai am big fan of your pink green line ….if you are nimble n quick.
[12:46] Shai : important we close above 20640 and 8924
[12:47] r m : more than 3 million 8900PE added today, PCR is 1 at 8900, coming down no
[12:47] r m : now
[12:47] Shai : else we are looking at 8875
[12:50] Varun : what is yesterday POC of niftu
[12:50] Varun : nifty
[12:51] r m : should be around 8860
[12:51] Shai : 8906
[12:51] r m : oops
[12:51] Shai : 8944 resista
[12:52] Shai : sorry it is 8860
[12:52] Shai : 8906 is dpoc
[12:53] r m : ok, I was about to kill Ninja guys
[12:53] Shai :
[12:53] Kathir :
[12:54] Shai : It was becoming so easy for bulls
[12:54] Shai : and suddenly bears have come back from vacation since15th Jan
[12:55] Shai : 8994 F
[12:55] Shai : spot 8985
[12:55] RK : especially the move of yday late session and today morning in BNF has declared bears are dead and seems their sentiments are hurt
[12:57] r m : bear’s green graves all over the path from 8K to 9K
[12:58] r m : http://screencast.com/t/BPFxk4Sp
[12:58] RK : green graves :))
[12:59] r m :
[13:00] r m : needless to say that intraday graves are multi colored
[13:01] r m : nf wants to do IB band!
[13:08] Shai : we got to 8907 I think
[13:08] Shai : buyers seen absorbing the lows
[13:09] Shai : I’m split between an 8964 revisist and 8875 now
[13:09] Shai : closed
[13:09] Shai : BNF shorts come back below 20620
[13:10] Shai : for 20485 again
[13:10] Shai : sl can be vwap
[13:11] Tejpreet : BNF footprints number not coming in Jan charts.
[13:16] Shai : when the markets exceed a range that happens
[13:16] Shai : that was about 300 points in BNF in 15 minutes
[13:16] Tejpreet : Now done.
[13:18] RK : Shai LT downside levels below 1720 pls
[13:21] Shai : can move to 1690 / 1670
[13:22] RK : thanks
[13:22] Shai : welcome
[13:28] Shai : 100 below 623 already
[13:29] Shai : can’t trade BNF now
[13:30] RK : 618-502 done..that was quick one Shai..thanks
[13:32] RK : break of 8907 can target 8875 Shai with IBH SL?
[13:32] Shai : break of 8903
[13:33] RK : ok
[13:33] Shai : sl of 8927
[13:33] RK : yes
[13:33] r m : nf delta is some kind of record!
[13:33] Shai : you got that dip below 618?
[13:33] Shai : I missed it altogther
[13:34] RK : Shai I have placed my order when it was trading at 670..must say one brave step after all the waiting
[13:35] RK : the moment order got got executed, placed cover as well as SL order
[13:38] r m : @RK, well done man, congrats!
[13:38] RK : RM ditch is calling :))
[13:38] Shai : Congrats RK
[13:38] Shai : must have been a SL- M order to buy?
[13:41] r m : @RK, ditch is where bears roll in glee
[13:43] RK : Shai that was a SL buy order
[13:44] Rahul G : shai do we have FA in nifty at todays high
[13:45] Shai : No Rahul a proper range extension completed
[13:45] Shai : 3I done
[13:53] r m : looks like range extension possible on south side too
[14:03] r m : green developing in BN
[14:10] r m : somebody wanted 9K CE, it is available for 7 bucks again
[14:18] Shai : 8895
[14:19] Shai : looking at 8875 to hold
[14:19] Shai : if not drop is harder to 8810 which will be amplified by the 8900 pe writers moving out
[14:20] r m : @RK, got kicked out
[14:20] r m : http://screencast.com/t/8oW6UneNc
[14:21] Tejpreet : Couple of brokerage house indicating expiry around 8800 lvlvs suggesting buying 8800 pe .
[14:21] RK : 8903 to 8877 done
[14:21] RK : RM ?
[14:22] r m : @RK, my screen froze, so had to relog-in
[14:22] Shai : Tejpreet can’rt rule out 8736 F if we close below 8875
[14:22] RK : oh ok
[14:22] Kathir : @shai what for bnf now downside?
[14:23] Shai : 20300 approx
[14:23] Kathir : ok
[14:23] Kathir : nf discount 5 points
[14:26] Tejpreet : Even global mkts off highs …infact euro Stoxx negative now
[14:29] Shai : BNF don’t get short heavy here
[14:29] Tejpreet : @Shai views on Havell.NF low spot on 8875.70.Let see if it breaks.
[14:29] Shai : vah and hypo2 is 20428
[14:31] Shai : sorry 8897 cross – the red line
[14:31] Shai : (14:31) Shai :8897 cross can bring 8944 sl of 8874
[14:33] Kathir : @shai how do we take KRA for trading?
[14:34] Shai : Havell nothing major happening
[14:34] Shai : 27 supp and 281 resistance
[14:34] Shai : looks RB
[14:36] Tejpreet : Thanks.
[14:37] Tejpreet : 27 means 270
[14:37] Shai : yes 270 supp
[14:37] Shai : Katjr KRA is only bias in contet of the previous auction
[14:37] Shai : reamin long above it or use dips to buy or short below it
[14:37] Shai : *Kathir
[14:37] Kathir : ok shai
[14:39] Shai : buyers at 8875
[14:42] Shai : sellers are overhead
[14:42] Shai : looks like they will close it at 8837 F
[14:43] Shai : that rejection above 8897 is not looking good even though effort is being made here at 8875
[14:49] Shai : mostly last half hour before FED is anticpatory FED move based on expected spx move
[14:49] Shai : trade small can get volatile
[14:57] Varun : what is wap of nf today and poc
[14:58] Varun : chart not showing
[14:58] r m : vwap 8924 approx
[14:58] Varun : and poc
[14:58] r m : dpoc 8909
[15:08] RK : it looks like all around roll over than unloading
[15:08] RK : rolling longs to feb
[15:13] r m : ok
[15:21] Shai : vix up 10% but Iv’s are all down
[15:21] Shai : something weird
[15:26] Shai : FEd meet tom at open and then RBI on tues
[15:27] Shai : BNF has run up to 21000 already in expectation
[15:27] Shai : looks like a proper seell the news next week in BNF
[15:28] Shai : Does not look like Rajan will do anything till the budget is out now
[15:31] Shai : Bye all
[15:31] Kathir : thanks and bye all
[15:31] Shai : Have a nice evening out
[15:31] Tejpreet : Bye All.
[15:31] r m : Thanks and bye folks, have a great evening
[15:32] Porus : bye all