General Chat Transcript
Room Name: Vtrender
Date and Time: June 06, 2014 09:14:33
[08:51] r m : Good Morning folks!
[08:56] Shai : GM all
[08:56] Shai : http://vtrender.com/trading-room-levels-and-plan-for-6th-june/
[09:12] r m : BNF likely to open above 15410
[09:12] Shai : eyes on BNF
[09:12] r m : bnf spot pre-open is +123
[09:13] Shai : yesterday was a 90 point prem
[09:13] Shai : so somehwere areound 15495
[09:14] r m : ok
[09:16] Shai : Open in BNF at 15400
[09:17] Shai : prem has gone out from yesterday
[09:17] Shai : using 310 as supp likely to do 450 again
[09:22] Shai : 15440
[09:22] Shai : NF is open abv trend day extreme
[09:22] Shai : could be an OAOR
[09:35] Shai : BNF back down
[09:35] Shai : waiting for cnxit to decide what it wants to do , maybe 🙂
[09:35] Shai : has to strengthen abv that open price on intra
[09:36] Shai : NF should stay here for more time beased on the OAOR
[09:36] Shai : *based
[09:48] Dr Bansal : shai,bnf buy near?
[09:51] Shai : abv vwap
[09:51] Shai : or closer to 310 with a 30 point stop below 310
[09:51] Dr Bansal : ok.
[09:54] Shai : 7535 is the highs of last week and an auction in the viscinity is good
[09:55] Shai : currently both NF and BNF showing open highs which would mean an unfair open
[09:56] Kris : when MO at 65, Both BN and NF show Open=High, be cautious of longs – very cautious! 🙂
[09:56] Kris : good morning all 🙂
[09:57] Shai : Both NF and BNF should go and visit those points and the auction can proceed from there
[09:57] r m : Hi Kris 🙂
[09:57] Dr Bansal : thanks kris for alert.
[09:58] r m : @Kris, these days I get suspicious when BNF hesitates near 400 😀
[10:28] Shai : OAOR playing out fully in NF
[10:29] Shai : BNF staying below 14410 after that stray abv to 15440 just after open
[10:29] Shai : *15410
[10:31] Shai : a 76 point drop from 7549 takes it to 7473 where yesterday’s late buyers are present
[10:37] Shai : once again – BNF starts to rise and CNXit at lows
[10:37] Shai : (09:35) Shai :waiting for cnxit to decide what it wants to do , maybe 🙂
[10:46] Shai : 15500
[10:50] Shai : 15450 supp
[10:50] Shai : vwap 15410 is the bigger one
[10:50] Shai : dip buys till 15410 reamins in BNF
[10:50] Shai : should look at 15600 intra
[10:55] Shai : 15569
[10:55] Shai : can part book and buy again the dip
[10:56] Shai : 15466 dvah is best supp now
[11:08] Shai : 15571- 15470 is a 100 point drop
[11:08] Shai : good to go higher again
[11:08] Shai : early in the morning that drop from 15437 to 15437 was also about 100
[11:09] Shai : 15437 to 15337**
[11:21] Dr Bansal : shai,bnf buy athere?
[11:22] Dr Bansal : here?
[11:30] Shai : yes now green
[11:40] Shai : last week’s highs in NF at 6534 and BNF at 15600 acting up
[11:41] Shai : *7534
[11:43] r m : looks like froming a DD in NF
[11:43] r m : *BNF
[11:57] Shai : first attempt below IBL in NF was met with failure
[11:57] Shai : but rise could not take out vwap
[11:58] Shai : maybe we get a gap fill in NF and quick shoot up to vwap again
[12:22] Shai : OI change sheet shows 7400 and 7500 liquidating : http://prntscr.com/3q4lhe
[12:23] r m : so possible to get an afternoon raid above IBH in NF!
[12:23] Shai : Possible
[12:23] Shai : Larger pic- http://prntscr.com/3q4lon
[12:34] J G : no raids rm – we close at week high – day high and whatever high possible 🙂
[12:38] Shai : 7539 is dvah and a cross abv send nF higher
[12:39] Shai : pssoible 7578
[12:48] r m : @JG, thanks man but how will NF close at day high without raiding IBH? 😀
[12:52] J G : 🙂
[12:59] J G : raid walo ko khbar kya IBH kya cheez hei
[13:01] r m : IBH cheez kya hai aap SH per raid karein 🙂
[13:01] r m : SH = Spot high 🙂
[13:03] r m : 7563 is all time high, 7535 is the score today so far
[13:22] Shai : still standing at that vwap line
[13:22] Shai : 7512 is now FA
[13:23] Shai : looks more like a neutral center day with a close coming at 7530
[14:06] Shai : buyers coming in NF again
[14:15] Shai : BNF can put in another 75 point dash into the close
[14:15] Shai : NF looks tired
[14:30] Shai : closing at 7530 more certain now if we break 7549
[14:30] Shai : day type neutral- can be a neutral center or extreme
[14:40] Shai : running to touch 7563 ATH on spot?
[14:41] r m : only 12 points left
[14:44] Shai : infy is running up taking cnxit along
[14:47] Shai : ref lines for index weakness now start below FA point fo 7512
[14:57] Shai : BNF going for 672
[15:03] Shai : new ATH in spot
[15:04] r m : Janak knows everything 🙂
[15:04] r m : (12:34) J G:no raids rm – we close at week high – day high and whatever high possible 🙂
[15:05] Shai : 🙂
[15:11] Shai : bull wants to do all the work today
[15:11] Shai : spike and neutral extreme close
[15:12] Shai : drop is to 7542 on mon if we don’t open abv this high
[15:13] r m : bn got tired of NF’s running ahead all the time!
[15:13] Shai : letting cnxit go higher
[15:13] r m : yes
[15:13] Shai : at day highs now- cnxit
[15:18] Shai : 7500 ce writers pushed hard
[15:19] r m : yeah, that NF chart looks like bears being chased to moon 🙂
[15:19] Shai : 7601
[15:19] Shai : massive spike
[15:29] Shai : clos eatr day high again
[15:30] Shai : massive week for the bulls
[15:30] Shai : from 1 extreme of the range to the next
[15:30] r m : Thanks and bye, have a great weekend 🙂
[15:30] Shai : Bye all. have a nice evening and a relaxing weekend