Trading Room : 04/07/14

 

General Chat Transcript

 

Room Name: Vtrender
Date and Time: July 03, 2014 09:17:31

[08:52]   r m : Good Morning folks!
[08:56]   Shai : GM all
[08:57]   Shai : http://vtrender.com/22066/#more-22066
[09:02]   Amit J : gm
[09:18]   Shai : Open in Nf just abv pdh
[09:19]   Shai : we can see buyers
[09:26]   Shai : cnxit driving higher today
[09:27]   Shai : BNF subdued
[09:31]   Shai : looks like a 7750- 7800 kind of range today
[09:31]   Shai : sl for that view is 7738
[09:42]   Shai : also could be a day whne there can be a sharp pullback and an equally good rise
[09:51]   Shai : bnf 15530 supp
[09:51]   Shai : so is NF at 7738
[09:53]   r m : looks like filling yesterday’s profile
[09:57]   Shai : almost val in NF
[09:57]   Shai : 7720 had big change of inventory yesterday
[09:57]   Shai : also last supp from pre mkt plan
[09:57]   Shai : same with 15510 – big buyers early in the IB yesterday
[09:58]   Dr Bansal : shai,buy bnf at?
[10:05]   Dr Bansal : shai,bnf at green now?
[10:11]   Dr Bansal : buy?bnf.
[10:23]   Shai : BNf buy abv vwap with sl of 15555 for 15625
[10:37]   Shai : a cross of 7754 vwap will bring 7771 again
[10:44]   Shai : cnxit retarcting from 9900 where there are sellers from 1st july
[10:52]   Shai : 15625-(10:23) Shai :BNf buy abv vwap with sl of 15555 for 15625
[10:53]   Shai : chart freeze- am refreshing
[11:11]   r m : NF at PDH
[13:00]   Shai : test
[13:00]   Shai : all quiet
[13:00]   r m : yes, preparing for US indepndence day 🙂
[13:11]   Shai : 🙂
[13:14]   Shai : excess at 7773 today would mean that the move from monday is over and we head into 2-4 days of sideways activity
[13:14]   Shai : unless we cross 7773 by close
[13:14]   r m : ok
[13:14]   Shai : but could be a normal day today
[13:14]   Shai : and 7720- 7770 range plays
[13:15]   Shai : BNF also normal so far
[13:15]   Shai : not able to do anything above 15640
[13:15]   Shai : but 15470/15510 strong supp

[14:19]   Shai : thinking that this market will close at vwap/dpoc
[14:19]   Shai : No OTF today
[14:20]   Shai : 7750 vwap and dpoc
[14:21]   Shai : yesterday’s buyers control at 7720 but today’s profile has thrown up single prints at 7773
[14:22]   Shai : In short 7720- 7773 has to resolve for the next move of 50- 100 points
[14:22]   Shai : Friday tom so afternoon adjustment of inventory can change things else Mon