General Chat Transcript
Room Name: Vtrender
Date and Time: July 31, 2014 09:21:52
[08:58] Shai : GM all
[08:59] r m : Good Morning folks!
[08:59] Shai : http://vtrender.com/levels-and-plan-for-31st-july/
[09:09] Kathir : Good Morning Shai RM ge all
[09:10] r m : Hi Kathir 🙂
[09:10] r m : pre-market suggests flat open in both
[09:13] Kathir : @Shai u told to buy 7800 pe if nf opens below 7794..shall we ?
[09:19] Shai : No wait
[09:19] Kathir : OK
[09:20] Shai : open closer to 7795 would have been good
[09:20] Shai : 7768 is pre mkt supp
[09:22] Shai : NF could be locked 7796- 7768 this morning
[09:23] Shai : short can be taken near 7790 with a 10 point stop for 7768
[09:26] Shai : Neutral extreme day in NF yesterday and hence strong posiive bias abv pdh
[09:29] Shai : 7794 is also a good level to watch orderflow +/- 5
[09:29] Shai : like yesterday using that level both hypos can play out fully
[09:29] Shai : more of an SAR
[09:30] Shai : 15470 in BNF though we have a stray at 15488
[09:48] r m : BNF got to 380 without much display of red
[09:48] Shai : red is in aug
[09:48] r m : ok
[09:49] Shai : hardly 9000 contracts rolled yesterday in BNF
[09:49] r m : yes
[09:49] Shai : so today more i Think
[10:15] Kathir : @RM ge ICICI bank result today?
[10:16] Shai : IB over – smaller than exp : (09:22) Shai :NF could be locked 7796- 7768 this morning
[10:18] r m : @Kathir, yes
[10:24] Kathir : Thanks ge
[10:24] Kathir : @RM TTB exp special..dlf 210 ce and 190 pe buy @ 30 paise ..result today..no SL
[10:25] r m : Thanks!
[10:27] r m : @Kathir, total buy price should be 30 paise for CE+PE?
[10:27] r m : LTP is 60 (40+20)
[10:28] Kathir : total 55 paise
[10:28] r m : ok
[10:28] Kathir : yeah 60 is ok
[10:28] r m : Thanks
[10:28] Kathir : 205 ce and 195 pe also better but price higer
[10:28] Kathir : welcome ge 🙂
[10:28] r m : ok
[10:32] Kathir : @RM dont forget to shae the profits 🙂
[10:32] r m : sure 😀
[10:41] Shai : back in 2 mins
[10:52] Shai : MP charts decided to go on strike so I had to bring that back to work
[10:52] r m : offered a pay hike? 😀
[10:52] Kathir : 🙂
[10:52] Shai : lol
[10:52] Shai : accche din will come I told them
[10:53] r m : lol
[10:54] Kathir : icici bank moving higher
[10:54] Kathir : is the results out
[10:54] Shai : bnf too
[10:58] Shai : Results mostly of banks come after 12.00 pm
[10:58] Shai : Their bosses in the Mumbai offices will be just starting work now at 11
[10:59] Kathir : may be some trader know the result earlier
[10:59] Kathir : sometimes this could be a trap also
[11:02] Kathir : @RM this q almost all banks gave good results i guess?
[11:05] r m : @Kathir, I have forgotten all about fundamentals 😀
[11:06] Kathir : 🙂
[11:06] Shai : Yes gen all results have been good
[11:17] r m : BNF chooses to make 470 its home 🙂
[11:20] Kiran : BNF has given pink , so near to IB H we can take short position ?
[11:20] r m : yeah, mixed signals though, aug is showing blue at IBH
[11:21] Kiran : ok
[11:21] r m : @Shai, new shorts in BNF below vwap?
[11:22] Kiran : but the green signal line is flat in aug
[11:22] Kiran : BNF
[11:22] r m : yes
[11:23] r m : as Shai said 15470 is sort of SAR here, so till it breaks down or out, it may be a bit confusing
[11:24] Kiran : ok
[11:25] Shai : Yes RM shorts below vwap
[11:25] r m : Thanks
[11:25] Shai : Kiran you can take that short on the pink biut close at vwap and keep sl abv day high
[11:26] Shai : momentum below vwap
[11:29] Kiran : Shai, how to use the ALgo signal 15493 ?
[11:30] Kiran : means how it adds to the uderstanding
[11:30] Kiran : understanding
[11:31] Shai : Algo is always a big player
[11:31] Shai : most probably institutional activity
[11:32] Shai : around expiry we trend to be careful with the algos as they can be only big people rolling futures
[11:32] Shai : but in other weeks it could signal a shift short term intra mostly
[11:32] Shai : we have seen that player move the market 50- 100 points quickly
[11:34] Kiran : ok
[11:34] Kiran : thanks
[11:34] Mandar : GM ALL. Shai algo is predefined om min qty or value or both?
[11:35] Mandar : on
[11:35] Shai : Quantity and time taken to fill it
[11:35] Mandar : ok
[11:36] r m : Hi Mandar
[11:36] Kathir : Hi Mandar Kiran
[11:37] Mandar : Hi RM , Kathir, Kiran 🙂
[11:37] Shai : the avg quntity traded in BNF per one point is about 2000, so if we get something like 6000 in 15 secs we know it is not retail
[11:37] Mandar : ok
[11:37] Shai : BNF holding vwap
[11:37] Kiran : yes
[11:37] r m : @Shai, longs in BNF above IBH or above day high now?
[11:38] Shai : 2IB abv IBH is also 15555
[11:38] Shai : IBH is good
[11:38] r m : thanks
[11:39] Shai : even NF trying to stay abv vwap
[12:06] Kiran : Shai, what is the Red,blue indicator now ? NF, BNF
[12:26] Shai : It’s blue in NF near 7748 and BNF blue at 15500
[12:27] Shai : If there is a change it will update on twitter
[12:28] Kathir : @Shai it seems now if bnf goes below vwap straihtly it will reach days low
[12:28] Kathir : starightaway
[12:30] r m : perhaps that is why bulls are trying hard to keep it nailed here!
[12:30] Kathir : yeah
[12:30] Shai : there is a buyer at 15410
[12:31] Shai : 15486 is the seller- see the profile greens
[12:34] Kathir : 09:22 Shai : NF could be locked 7796- 7768 this morning
[12:35] Kathir : but it is extended till afternoon 🙂
[12:35] r m : Lock’s combination lost 🙂
[12:36] r m : NF is settled below vwap, guess bnf will follow after icicibank results
[12:37] Kathir : 🙂
[13:15] r m : BNF behaving like a waterbuoy, bobbed up above vwap again 🙂
[13:16] Kathir : yeah shai told 410 is abuyer and he responded
[13:16] Shai : 15410 is early morning supp
[13:16] r m : yes
[13:20] Shai : NF is a sell below 7768 sl above 7789 for 7749
[13:27] r m : @Shai, possiblity to go below 380 if buyer at 410 is taken out?
[13:27] Shai : yes
[13:27] r m : Thanks
[13:27] Shai : happened 🙁
[13:32] Shai : Now buyers trying to respond
[13:33] Shai : they can take it to vwap
[13:35] r m : buying in nf too
[13:39] r m : @Kathir, you have inspired many tipsters – from an email < How To Find Blasting Stocks For Tomorrow Using TTTBTrading System> 😀
[13:46] Shai : First sign of big buyers- http://prntscr.com/4838sn
[13:46] Shai : they came at VAH
[13:47] Kathir : lol
[13:47] r m : ok
[13:47] Shai : looks like an FA in the making
[13:48] r m : so a break above IBH has chances of succeeding now or that is too far for these buyers to carry?
[13:48] Mandar : Shai 1448 contracrt traded there
[13:48] r m : oh, you answered my question 🙂
[13:48] Shai : Good spot Mandar 🙂
[13:48] Mandar : thanks
[13:49] Shai : break abv IBH would mean a market going for neutral extreme
[13:49] Shai : I would buy a 7800 ce for the close as lottery
[13:49] r m : ok
[13:49] Kathir : buy above ib high
[13:49] r m : thanks, that is far easier and cheaper option 🙂
[13:49] Kathir : ?
[13:50] Shai : yes Kathir
[13:50] Kathir : ok thank
[13:50] Shai : Technically it would mean a close at vwap or extreme
[13:50] Shai : that’s why lottery
[13:51] r m : NF vetoes that FA idea
[14:13] Shai : yes more sellers also now at that price
[14:28] r m : not much selling in bn at low
[14:31] Amit J : Shai – BN buy?
[14:41] r m : bn going down all right, red or no red!
[14:45] Shai : No Amit not yet
[14:45] Shai : Day’s become vol came in NF aug
[14:45] Shai : but no big buyers yet
[14:52] Shai : BNF july can do 15375 sl day low cmp 15320
[14:53] Shai : Amit BNF Aug buy with sl holding near 15230 spot for 2-3 sessions
[14:59] Amit J : thanks
[15:12] Shai : pressure on 7700 pe in last 20 mins
[15:12] Shai : BNF intra july sl taken
[15:12] Shai : came back from 15350
[15:13] Shai : yesterday FII’s bought aug F and immedaitely under pressure today
[15:13] Shai : Clients got shorts yesterday and smiling now 🙂
[15:14] Kathir : @rm your monkeys under pressure today 🙂
[15:14] r m : 🙂
[15:14] Shai : done now
[15:14] Shai : No more
[15:15] r m : @Kathir, monkeys have lots of breads to balance (CE and PE pairs) 🙂
[15:15] Shai : close of july is 200 points higher than June
[15:15] Kathir : yeah finally they make us monkeys
[15:16] r m : No! we owe that to our ancestors 😀
[15:17] Kathir : 🙂
[15:20] Kiran : next month 7800 put oi change is -ve
[15:20] Kiran : any clues ?
[15:21] Shai : Kiran 7800 has been with the ce writer
[15:21] Shai : smart money will not write ITM and ATM unless they think trend is very strong
[15:22] Kiran : ok
[15:22] Shai : alll those who have written there will come out when price goes against them
[15:25] Shai : Argentina is making the globe weak
[15:26] Shai : that news should be out by Monday
[15:26] Shai : if the default happens it will be considered in price , else rally from Mon/ tues
[15:27] Shai : the last 2 expiries have seen bad news in last 2 days
[15:27] Shai : even june had some bit of news
[15:28] Shai : and we rallied when new month started
[15:30] Kiran : bye
[15:30] Shai : Bye all
[15:30] Shai : Have a nice eve
[15:30] r m : Thanks and bye, have a great evening 🙂
[15:30] Kathir : thanks and bye all
[15:30] Mandar : bye all