General Chat Transcript
Room Name: Vtrender
Date and Time: August 05, 2014 09:08:37
[08:57] Shai : GM all
[08:58] Shai : http://vtrender.com/levels-and-plan-for-05th-aug/
[09:03] r m : Good Morning folks!
[09:04] Kathir : Good morning Shai RM ge 🙂
[09:05] Kiran null : GM
[09:05] Kathir : Hi Kiran
[09:08] Mandar : Good morning all, this is also on behalf of “RAJAN” 🙂
[09:12] r m : Hi Kathir, Kiran, Mandar & RAJAN 🙂
[09:14] r m : pre-market suggests open near 7750/15380
[09:15] Kathir : Hi mandar
[09:15] Kathir : @RM special Hi to Rajan also..:)
[09:15] r m : 🙂
[09:15] Shai : flat open
[09:16] Mandar : Hi, RM , Kathir 🙂
[09:17] Shai : hypo 1 was a reviist to 7686/90
[09:17] r m : BN is enjoying the space between the two hypos 🙂
[09:18] Kathir : 250-388
[09:19] Shai : lol
[09:31] Shai : sellers adding up in NF
[09:31] Kathir : @RM bnf high shows 382.90?
[09:32] Shai : may be 1 contract traded there
[09:33] Kathir : ok shai
[09:33] r m : yes Kathir, even my gareebrath utility managed to capture 15380, so not much difference 🙂
[09:36] Kathir : ok 🙂
[09:38] r m : open at 374 then somebody chose to trade one lot at 382.90!
[09:40] r m : blue galore in BNF
[09:41] Shai : No OTF a open
[09:41] Shai : OAIR
[09:42] Shai : time to stay neutral
[09:42] Shai : exit early morning shorts if any and let’s wait out RBI
[09:42] r m : ok
[09:53] Shai : premium back to 20 from 35 yesterday afternoon
[10:00] Kathir : @RM if premium increases or decreases suddenly how should we take it/
[10:02] Shai : generally it is based on dividends at the start of the series
[10:02] Shai : But intra / 1 day increase would be shorts coming and decrease would be exiting
[10:03] r m : ok, thanks
[10:03] Kathir : ok thanks
[10:04] Kathir : @RM bnf moving up a bit.may be RAJAN started his car to office 🙂
[10:05] r m : lol
[10:06] r m : imagine what will happen to BNF when RBI Gov begins using helicopter for transport 😀
[10:07] Kathir : lol
[10:08] Kathir : as u said yest it will go to 3ib up and 3ib down and close neutral
[10:09] r m : lol
[10:10] Kathir : @RM if rajan says rates unchanged..what will happen now..most predictions says unchanged
[10:12] r m : then, it will find some hidden reason in the speech he delivers to go where market majors want to take it 🙂
[10:14] Kathir : 🙂
[10:15] Kathir : yeah thats true
[10:15] Kathir : Charts?
[10:17] Kathir : SHAI?
[10:18] r m : Charts gone in search of Rajan
[10:18] Kathir : lol
[10:20] Kathir : think shai has gone out ..normally chats go away if shai is no there only
[10:20] Kathir : not there
[10:22] r m : I don’t think Shai will move out on a RBI day, must be some technical hitch, let me send a message
[10:22] Kathir : ok
[10:24] r m : sent him message on whatsapp 🙂
[10:25] Kathir : let us wait
[10:25] Kathir : Ge yest you sent a link for screen copying software..can you resend it now..please?
[10:27] r m : sure
[10:29] r m : here you are – chart free with link 😀
[10:29] r m : http://vvcap.net/db/uuUyzT0G3DqDvFUHZPx0.htp
[10:31] r m : (09:42) Shai :exit early morning shorts if any and let’s wait out RBI
[10:31] r m : perhaps Shai has gone out to grab some snacks and coffee 🙂
[10:32] Kathir : @RM thank you ge
[10:32] Kathir : 🙂
[10:32] r m : welcome sirjee 🙂
[10:32] Kathir : yeah shai told us to keep no positions ..so he is free
[10:33] r m : Shai says he is on it, ISP issue
[10:35] Kathir : ok
[10:39] Shai : test
[10:39] Shai : screen updating?
[10:39] r m : no
[10:42] Shai : now?
[10:42] r m : now refreshing
[10:42] Shai : ok Thanks
[10:43] r m : refreshing but slightly behind the trading terminal quotes
[10:45] r m : NF at hypo1’s first target
[10:45] Kathir : NF hypo 1 done
[10:45] r m : yes
[10:46] Kathir : are you watching TV
[10:46] r m : no
[10:46] Kathir : nf fell 20 points suddenly
[10:47] Kathir : few secs delay in refreshing speed i guess?
[10:48] r m : it fell down very fast, may be in couple of seconds
[10:48] Kathir : yeah
[10:48] r m : nobody could have caught that 7691 unless there was a pre placed order
[10:48] r m : or Janak could have managed, but he is not trading these days
[10:49] Kathir : yes:)
[10:49] Kathir : JG long time
[10:50] Shai : yes hypo1 – but ahead of event the risk was greater
[10:50] Shai : could have gone to 7745 also
[10:50] r m : yeah, chatted with him the other day, he says he is very busy with family chores and unlikely to trade for a long time to come
[10:50] Kathir : ok
[10:50] r m : @Shai, it could have done that in one more untradeable tick 😀
[10:51] Shai : yes
[10:51] Shai : buyers stepping up
[10:51] Shai : technically needed that revisit to 7790 and see buyers moving back
[10:52] Mandar : big voloume @7690 –2108 contract traded
[10:52] Shai : sl now 7780 for the day for longs of yesterday to remain
[10:52] Shai : 8 mins to RBI
[10:53] Shai : Mentioned yesterday let’s wait and see if we get the first move out and see if it is geniune
[10:53] Shai : first move at approx 11
[10:53] Shai : then a retacement of that move but should not exceed 50- 61%
[10:53] Shai : then a move c in same direction as A
[10:54] Shai : then a smaller D
[10:54] Shai : and finally E in same direction of a
[10:54] r m : E is the famous fifth wave!
[10:55] Shai : Yes wave theory
[10:55] r m : NF poised below IBL
[10:56] Shai : IB was with locals
[10:56] Shai : OTF now in
[10:56] Shai : 7685 and 7745 are ref areas for NF now
[10:57] Shai : watch BNF 15255 and 15380
[11:00] Shai : repo unchanged
[11:00] Shai : slr cut
[11:00] Kathir : yes
[11:00] Shai : crr unchanged
[11:02] Shai : initial move and opp move equal
[11:02] Shai : flat market
[11:03] Kathir : NF holds the SL ver well till now
[11:04] Shai : people still reading the policy
[11:04] Shai : as expected by market
[11:05] Shai : Kathir 7675 poss
[11:05] Kathir : ok shai no trade till now
[11:06] Kathir : let this dust settle first
[11:09] Shai : has to climb vwap/ IBL for longs to be safe
[11:10] Kathir : @RM rajan didnt give much work to Shai’s waves
[11:10] Shai : lol
[11:10] r m : yeah, Rajan left BNF beached!
[11:11] r m : He is learning the virtue of silence from Modi 😀
[11:11] Shai : 😀
[11:11] Kathir : 🙂
[11:12] Shai : These are men who know their jobs and do it well
[11:12] r m : yes
[11:12] Shai : Rajan press conf now
[11:12] Shai : as usual cnbc will be given first q
[11:12] Kathir : 🙂
[11:13] Shai : These guys fight at these press cons on who will ask the first q 🙂
[11:13] r m : lol
[11:13] Kathir : lol
[11:14] r m : today the Pre-RBI move was only 110 point across to and fro but could not make it to other side of IB!
[11:14] Shai : 15240- 15360
[11:15] r m : actually it happened after 11AM, guess these moves are caused by those who are trying to forerun the biggies
[11:15] Shai : NF was 7692- 7723
[11:17] Shai : a resetting of OrderFlow at 7690 will mean yesterday’s move has upward bias
[11:17] Shai : Now we get into that 7800 ce with sl below 7645 today
[11:18] r m : now or at close?
[11:18] Shai : 7645 is spot price and tgt at 7734/ 7761 spot – cmp 7689
[11:18] Shai : can do it now
[11:18] r m : ok, thanks
[11:19] r m : actual vwap is at 7706
[11:20] Shai : yes I’ve taken the matter up with IRT
[11:20] r m : ok
[11:20] Shai : it’s weird
[11:21] r m : yeah, it is running ahead maybe showing the future of index future 🙂
[11:21] Kathir : 🙂
[11:23] Shai : pep talk by Rajan
[11:25] r m : we hope he peps up BNF beyond 390 🙂
[11:28] Shai : IB band trade is up in BNF
[11:28] Shai : enough buyers ar lows
[11:28] Shai : tgt would be 15360/ 15388 but sl is 15245
[11:37] Shai : 7736 F
[11:37] Shai : 15366 BNF
[11:38] Shai : day is now neutral
[11:42] Shai : looking now for a close at extremes or at center
[11:46] Shai : 7719 in NF has to hold up now
[11:47] Shai : BNF needs thiose buyers above 15380
[11:47] Shai : so far not seen
[11:55] r m : new longs in BNF above PDH or day high?
[11:55] Shai : pdh
[11:55] r m : Thanks
[11:55] Shai : but don’t buy abv vwap band
[11:55] Shai : wait for it to expand
[11:56] r m : ok
[12:08] Mandar : https://m.facebook.com/story.php?story_fbid=10152663089574783&id=610714782. Hilarous.
[12:13] Kathir : OOPS BNF
[12:17] Kathir : @RM fall in bnf and nf
[12:18] r m : yes, was watching BNF but vwap band was not showing any interest, i thought no volume behind this move and it won’t go down much 🙁
[12:19] Kathir : 🙂
[12:20] Kathir : now we have keep a board..fighting zone in bnf and nf..be carefull
[12:20] Shai : NF can still do 7652
[12:22] Mandar : Shai, for positional longs here stoploss of 7620 ok?
[12:26] Shai : yes Mandar
[12:26] Mandar : thnks
[12:26] Shai : buyers again in NF
[12:27] Shai : with a sl of 7645 in NF can do 7690/ 7710 aagain cmp 7664
[12:57] Shai : Cros of 15256 in BNF will push it to 15300
[12:57] r m : stop?
[12:58] Shai : 15230
[12:58] r m : Thanks
[12:58] Shai : NF intra longs to be booked near 7685 not 7690 and sl moved to 7656 day low
[12:59] Shai : 7685 is that zone marked from yesterday’s orderflow and in hypo 1
[13:02] Kathir : @Shai where can we enter short in NF and BNF
[13:04] Kathir : below 245 in NF and 15150 bnf?
[13:04] Shai : yes preferable
[13:04] Kathir : 7645
[13:04] Shai : or at highs
[13:05] Kathir : ok thanks
[13:06] Shai : looks like the market wants to sleep in aug
[13:06] Shai : if you see the 7700 strike it is being written at net 200
[13:06] Shai : 89+115
[13:06] Shai : so they are playing a 7500- 7900 range
[13:09] Shai : at 1- (12:58) Shai :NF intra longs to be booked near 7685 not 7690 and sl moved to 7656 day low
[13:09] Shai : Touchy zone this 7685- 95 in NF now
[13:10] Shai : has been from yesterday
[13:12] Shai : 1.15 now the market has to decide whther to close at 7700 or 7652 or 7745
[13:12] r m : @Shai, how did you work out BNF target at 15300 once 15256 is crossed? is it based on filling up the profile?
[13:13] Shai : IBL to dpoc
[13:13] r m : ok, thanks
[13:19] Shai : 30 min OI change shows put writers disheatened- file:///C:/Users/Shailesh/Dropbox/charts%20blog/VVcap/screenshot_00002.png
[13:19] Shai : Image courtesy RM’s vvcap 🙂
[13:19] Kathir : lol
[13:20] Mandar : image not opening.
[13:20] r m : @Shai, the url is best taken from the webpage it immediately opens if enabled in the option
[13:20] Shai : Max pain at 7700 too early but not to be ignored
[13:20] Kathir : is the page opening
[13:21] r m : no Kathir, this address is Shai’s PC’s, you will have to hack it for opening it 😀
[13:21] Kathir : 🙂 I am not that much techie guy 🙁
[13:22] r m : yeah!
[13:22] r m : nor am I
[13:22] Kathir : 🙂
[13:22] r m : If i was, i would have preferred hacking bank account of some super rich person who would not even have noticed the miniscule leakage 😀
[13:22] Shai : http://vvcap.net/db/Xauml_WKC6WAXVtvD7Zs.htp
[13:23] Shai : Try this 1
[13:23] r m : yesss!
[13:23] Kathir : lol :)..yeah no need to hack shai’s system
[13:23] r m : 🙂
[13:23] Shai : file:///C:/Users/Shailesh/Dropbox/charts%20blog/VVcap/screenshot_00002.png
[13:24] Shai : This dropbox link does not open??
[13:24] r m : this is your pc’s file location
[13:24] Shai : it’s shared
[13:24] Kathir : this link root is your C folder
[13:24] Shai : ok
[13:24] Shai : I got to get the shared link
[13:25] Shai : I don’t like the ad at the xtreme right which is why I put that 1
[13:26] r m : if you enable vvcap option like this, then after printscreen and sizing the image, it immediately opens as a webpage from where you can give the link http://vvcap.net/db/fkm26yEns7tKaIeB_bu5.htp
[13:26] r m : I guess you have to pay them some minor amount to buy the pro version snagit for removing the ad 🙂
[13:27] Shai : snagit is theirs?
[13:27] Kathir : @RM some buying happening in 8000 CE
[13:27] r m : @Kathir, man you are taking NF to space with Brahmos 🙂
[13:28] Kathir : 🙂
[13:29] Kathir : Ge it is moving up without any rason
[13:29] Kathir : reason
[13:29] Kathir : people are very positive
[13:29] r m : Market nee
[13:30] r m : oops
[13:30] r m : Market is an unreasonable chap
[13:30] Kathir : yeah
[13:32] Shai : NF may just go upto 7706, sl 7673
[13:38] r m : BNF is going 6 steps up and 5 down!
[13:39] r m : guess it needs to break above val
[13:45] Kathir : 13:19 Shai : 30 min OI change shows put writers disheatened-
[13:45] Kathir : means?
[13:47] Shai : not adding up- don’t expect mkt to stay up
[13:48] Kathir : ok
[13:55] r m : red would suggest shorts preparing for the last session?
[13:55] r m : how does it look in the 10 minute chart?
[14:03] r m : BN at 300!
[14:04] Kathir : 13:32 Shai : NF may just go upto 7706, sl 7673
[14:04] r m : magician 🙂
[14:06] Kathir : yeah
[14:08] Kathir : @RM really 8000 ce is going in bhramos 🙂
[14:08] r m : 😀
[14:09] Kathir : 10.3 low now 17
[14:09] r m : vow!
[14:10] Kathir : but i exited with 2 rs profit 🙁
[14:10] r m : ok
[14:11] r m : guess, we should learn from Shai how to caculate targets and then stay in the trade till we get there!
[14:11] Kathir : zerodha is very helpfull in this trades
[14:11] r m : ok
[14:11] Kathir : yeah..true
[14:11] r m : zerodha has enabled bracket orders for options too
[14:12] Kathir : oh great
[14:12] Shai : this 2 pm moves have become very common
[14:13] Kathir : @RM NF almost 100 down nd up 🙂
[14:14] Kathir : from days high i mean
[14:15] r m : yes
[14:15] Kathir : IT index up from lows
[14:15] r m : BNF has given three 80% trade, i did not take even one!
[14:17] Shai : usdinr at day lows
[14:17] r m : looks like NF has read hypo 2, it wants to give Shai 7782 and maybe 7804 as well today 🙂
[14:18] Kathir : 🙂
[14:18] r m : Rajan has impacted NF more than BNF!
[14:19] Kathir : yeah 🙂
[14:21] Kathir : @RM NF got angry after ur comment :13:27 r m: @Kathir, man you are taking NF to space with Brahmos 🙂
[14:21] r m : lol
[14:21] Kathir : Ge that ce doubled :(..oops i missed it
[14:21] r m : BNF is still trading in the shadow of expiry day – http://vvcap.net/db/xVO4WoYYL4m26NiO84vF.htp
[14:22] Shai : 7719 again supp
[14:25] Shai : Take profits near 7735-40 on any OTM ce’s – (11:18) Shai :7645 is spot price and tgt at 7734/ 7761 spot – cmp 7689
[14:26] Shai : 7740 is POC of last week
[14:26] r m : ok
[14:26] Shai : above it all clear for restest of highs
[14:26] Shai : spot prices
[14:27] Mandar : shai this time 7723 +200 or 400 🙂
[14:28] Shai : 🙂
[14:28] r m : @Mandar, from vtrnder blog – “Targets for the Upmove remain 7900 spot and 8300 in the medium term. Support at 7100 spot.”
[14:28] r m : 🙂
[14:29] Kathir : if NF goes in this speed,mandar’s trgts very near
[14:29] r m : yes!
[14:30] Mandar : i am refering blog 🙂
[14:30] Kathir : @Shai buy bnf above days high now
[14:35] Shai : Yes Kathir
[14:35] Shai : 15505/ 15630
[14:35] Kathir : ok SL if so
[14:36] Shai : it is carry over move and 15315 is a good sl for the 156309 tgt
[14:36] Shai : *15630
[14:37] Kathir : ok thanks
[14:38] Shai : 80% weekly in BN is 15410 spot from here- cmp 15290
[14:38] Shai : poc is 15240 and good sl
[14:38] Shai : spot prices
[14:38] r m : 7782
[14:40] Shai : BNf just about to start
[14:41] Shai : 3IB both sides today
[14:41] Shai : in NF
[14:50] Mandar : inspite of this rally we are not even 1% up.
[14:51] Shai : BNF struggling
[14:52] Shai : we will go back to 7746 tom
[14:52] Shai : F
[14:52] Shai : sl of 7806
[14:53] Shai : for today it is neutral extreme and close near highs
[14:54] Shai : imbalance can go to 7804
[14:59] Shai : BNF 🙁
[15:12] Shai : a dip to 7746 tom is a buy with sl below 7719 for 7804
[15:12] Shai : BNF does not want to cross 15400
[15:14] r m : since last 3 days bnf vwap has remained at 15300 approx
[15:14] Shai : yes
[15:14] Shai : alomost inside even today
[15:14] r m : yes
[15:15] r m : break of 31st range may give a big move
[15:18] Kathir : cement stocks up
[15:19] Kathir : @Shai can i hold the bnf long for tomrw?
[15:20] Shai : Kathir it has not confirmed but that sl is good of 15330
[15:20] Shai : More likely to move big tom as it is triple inside
[15:20] Kathir : ok thanks
[15:20] Kathir : ok
[15:22] Shai : BNF triple inside now with same vwap of 15300
[15:30] Shai : 7771/ 15387
[15:30] Shai : Bye all
[15:30] r m : Thanks and bye folks, have a great evening 🙂
[15:30] Mandar : bye all.
[15:30] Shai : Have a nice evening
[15:30] Kathir : thanks and bye all 🙂
[15:30] Shai : RBI was a non event- but the day was eventful
[15:31] Kathir : yes shai 🙂
[15:31] Kathir : bye all