Trading room 03/12

*** Shai **, Welcome to the Vtrender conference room!
[08:57] Shai C: Gm all
[09:04] r m: Good Morning folks!
[09:14] Shai C: 5930 spot and 5975 spot are areas of intrest this week
[09:15] Shai C: 5835 spot first support
[09:15] Shai C: what happened to BN?
[09:16] Shai C: 11805 tick in BN
[09:24] Shai C: somenody got 1 lot at 11805
[09:24] r m: 🙂
[09:24] r m: good bargain 😀
[09:30] Shai C: may have also been a sell order
[09:30] r m: yes
[09:31] r m: must have been a sell order matched with a lucky market buy 🙂
[09:33] Shai C: could be
[09:33] Shai C: can't understand these open games anyway
[09:33] r m: yes
[09:33] Shai C: mkts will tread cautious ahead of FDI vote on wed
[09:34] Shai C: usdinr not showing signs of big movement also
[09:34] Shai C: we could have a normal day
[09:35] Shai C: considering the amount of fund flows we have had last week USDINR should go much lower
[09:53] G D: GM folks!
[09:54] G D: BN/NF tired from running all of last week?
[09:55] r m: Good Morning Girish 🙂
[09:56] G D: hi RM!
[10:06] Shai C: GM Girish
[10:06] Shai C: a previous buyer exists at 12145/ 5890
[10:07] Shai C: 2 nvar days of the trend type and a neutral extreme failing to follow through up
[10:07] Shai C: we could have a normal day today within IB
[10:07] Shai C: IB is 41
[10:24] G D: GM Shai. I am still holding INR short from 55.90 – since I have only 8 lots I am just thinking will hold @cost and see what happens
[10:28] Shai C: 55.20 is a good sl
[10:29] Shai C: any move abv should bring 55.65/ 55.90 again
[10:41] G D: Thanks Shai.
[11:01] Shai C: was on a phone call with my broker's institutional desk
[11:01] Shai C: they are strongly advocating zee even now
[11:01] Shai C: potential tie up with star is their internal source
[11:01] Shai C: zeel at 197 now
[11:18] Shai C: mkt holding on to the lows
[11:18] Janak G: so far
[11:18] Shai C: usdinr is making new highs
[11:18] Janak G: one big sell order from dehradun will change the game
[11:18] r m: too cold to sell 🙂
[11:19] Janak G: mkt ko Talaash hei cold-sellers ki ;
[11:19] r m: lol
[11:28] Rahul G: hello all
[11:28] Rahul G: GM
[11:28] r m: Hi Rahul, GM 🙂
[11:28] Rahul G: just came in
[11:28] Rahul G: GM rm
[11:28] Rahul G: shai if possible can we crude charts
[11:29] Shai C: sure
[11:30] Shai C: on screen bottom left
[11:31] Rahul G: ok thanks
[13:00] Shai C: USDINR breaks dev value it wioll go to 54.54 again
[13:00] Shai C: 54.80 is dev value high
[13:18] Shai C: a fakeout abv vwap in BN
[13:23] Shai C: Nf tries to break IBL
[13:26] Shai C: not suceeded
[13:39] Shai C: buy NF abv 5903 for 5916/ 5933
[13:40] Shai C: stop will be 5888- it's the IB band trade
[13:40] Shai C: has to clear dpoc
[13:40] Shai C: Bn can be taken abv vwap with stop at IBL
[13:41] Shai C: as USDINR slides lower
[13:52] Shai C: usdinr vwap
[14:44] Shai C: banknifty is an inside day today
[14:54] r m: 42 points premium in NF
[15:00] Shai C: wow
[15:00] Shai C: profile is b
[15:00] r m: looks like some accumulation going on?
[15:02] Janak G: can it do 250 in bn in next 15 min?
[15:12] r m: a fortress built around 5900 NF today 🙂
[15:14] Shai C: normal day
[15:14] Shai C: tomorrow's value imp
[15:14] Shai C: break of va;lue is the bias
[15:15] r m: yesterday's POC also had big volumes?
[15:19] Shai C: let me check
[15:20] Shai C: same as today
[15:20] r m: thanks
[15:20] Shai C: 2 session volume centers at 5901
[15:20] r m: yes, will come in handy as SL later when price takes some direction
[15:21] Shai C: Bn it's at 12150
[15:21] r m: Thanks
[15:21] Shai C: let's also remeber 11805
[15:21] Shai C: 🙂
[15:21] r m: yes 😀
[15:21] Shai C: 2 days before expity there were 2 lots at 11900 something
[15:22] Shai C: b shaped profile gives an upbias for tom
[15:24] r m: On friday 40% of total volume was traded between 5905-5912
[15:27] Shai C: how do you get the 40?
[15:28] Shai C: only fut is pushing up
[15:28] Shai C: spot is at poc
[15:28] r m: about 43 lakh in this range out of total 103 lakhs as per my data in market balance
[15:28] Shai C: 5872
[15:29] Shai C: ok 'cos if you get 40 then your can get 68.3 whicg is value area clculation
[15:29] Shai C: try getting a 34 % also – 34 being a magic number for most ema guys as also hald SD
[15:30] Shai C: *half
[15:30] Shai C: 🙂
[15:30] r m: ok, will try that 🙂
[15:30] Shai C: 5916/ 12176
[15:30] Shai C: Bye all
[15:30] Janak G: bye all
[15:30] Janak G: shai i am in for comm
[15:30] r m: thanks and bye, have a great evening 🙂