Trading room today

[10:18] r m: lol
[10:19] Shai C: Pasi add on break of IB
[10:19] Pasi C: shorts/ongs?@shai
[10:20] Pasi C: *shorts/longs
[10:20] Ravi Sun: sahi is there any short signals given for 40 to 50 pnts
[10:20] Ravi Sun: on nf
[10:20] Shai C: shotrts today below vah
[10:21] Pasi C: ok
[10:21] Shai C: Ravi none today
[10:21] Ravi Sun: ok
[10:21] Shai C: We are long from 5126 yesterday
[10:21] Shai C: european summit tomorrow
[10:22] Shai C: keep an eye out for a bounce in europe on news/ rumors later today
[10:22] Shai C: there's more rumors than news nowadays
[10:27] Kris 123: Alright – SHai said there are 20 points to be had when he repeated the sell of 5100 combo – which means – …. I am buying 5100PE at 9 🙂
[10:33] Shai C: isn't 5200 pe better?
[10:34] Shai C: almost a future now
[10:34] Kris 123: @Shai – below VAH – 5200PE buy will come – for now – I am playing a calculated lottery – so less risk is better 🙂
[10:36] Shai C: 16 point IB done
[10:37] Shai C: time value is jjust 14 bucks now at 5100 strike
[10:37] Shai C: combined
[10:38] Shai C: writers will move on now
[10:47] Shai C: 5100 ce reducing
[10:52] Shai C: turning into a very quite morning
[11:47] Rahul Goel: shai an advice on taking a 5000 PE and 5200 CE for july, since this range got to break in july somewhere
*** Shai C, Welcome to the Vtrender conference room!
[11:58] Shai C: yes
[11:58] Shai C: 5100 pe and 5200 ce is better
[12:14] Kris 123: hmm.. INR and NF both moving up simultaneously –
[12:14] Kris 123: contradictions dont exist – if they appear – check the premises – one of them will be wrong!!
[12:19] Shai C: it wa sto do with the june future which has just stopped trading
[12:20] Shai C: 57.20 close for June
[12:20] Shai C: job for july now is to get there
[12:25] Shai C: still a nothing mkt
[12:25] Shai C: gap fill was done at 5142
[12:27] Shai C: surprised kris did not buy 5100 ce at 52?
[12:28] Shai C: usdinr in pdh now
[12:28] Shai C: it should tgt vah at 57.36. sl would be 57.51
[12:29] Kris 123: hmm…Shai is bullish on NF 🙁 – I was relying on 5100 writers to come to my rescue!
[12:29] Shai C: Alos playing for a visit of the expiry at 57.20
[12:30] Shai C: there 's no bias now in the mkt
[12:30] Shai C: just play the range
[12:30] Shai C: mentioned it as you pick the range
[12:31] Ravi Sun: shai, have rcvd one message from mrning on tweet deck of usd inr
[12:31] Ravi Sun: is it crrct
[12:31] Shai C: there should be some more
[12:31] Ravi Sun: I can c only one
[12:32] Kris 123: @Shai – not comfortable with longs yet – played a minor 53-60 round in 5200PE.
[12:32] Kris 123: trailing them at 54 now.
[12:33] Kris 123: I think the power of 5100 writers made me fearful of a breakout/down before expiry!
[12:34] Kris 123: Atleast 2-3 times I thought 5200 will be broken – in the last few days – out of thin air – a correction materialized and brought it back!
[12:35] Kris 123: one scare should come – dont know if it is for PE or CE writers – but then – we should get back to range – and expire in the zone – let us see.
[12:35] Kris 123: as of now – I am bearish!
[12:36] Ravi Sun: kris is it time to sell on nf
[12:36] Shai C: europe's open
[12:36] Shai C: euro moving lower
[12:38] Kris 123: booked a bit more at 64
[12:39] Ravi Sun: shai was there any sell or buy call today
[12:39] Kris 123: @Ravi – I play for peanuts – so I am just playing the range – better to wait for OF signal to get generated.
[12:39] Ravi Sun: ok
[12:39] Kris 123: @Ravi – https://docs.google.com/spreadsheet/ccc?key=0AkRMNOutgho8dGtlczJfSGxyYjhRek5ocXJES19nMWc#gid=0
[12:39] Kris 123: here are some of the trade setups that I trade – you may want to watch.
[12:40] Kris 123: @Shai – looks 5142 will hold for some time 🙂
[12:43] Shai C: it's a key level- been speaking about it from noon yesterday
[12:50] Shai C: watch vwap now
[12:51] Shai C: should climb now
[12:52] Ravi Sun: thnk u kris
[12:53] Shai C: longs abv IBH are safer
[12:53] Kris 123: @Shai – dont short dull markets will apply
[12:53] Kris 123: ?
[12:58] Shai C: kris anticpating a move up in europe
[12:59] Shai C: [10:22] Shai C: keep an eye out for a bounce in europe on news/ rumors later today
[13:00] Kris 123: Thanks Shai – made the requisite adjustments 🙂
[13:00] Shai C: BN moving
[13:00] Kris 123: above vwap sustinence is the key!
[13:00] Shai C: yes
[13:03] Shai C: 57.40
[13:06] Shares Trader: Shai, tell me..is it possible to learn MP/VP without studying ?
[13:07] Kris 123: @St – if there are teachers like you, Shai and Viren  – it should be possible 🙂
[13:07] Shares Trader: oh..i dnt thnk so
[13:08] Shares Trader: n im sooo not  in league of Shai n viren
[13:08] Pasi C: do u know abt Acharya Nagarjuna?@ST
[13:08] Kris 123: vwap band touch – time to take some thing off the table
[13:08] Shares Trader: i askd cz im havign hard time to make ppl realise tht
[13:08] Kris 123: [13:00] Kris 123: Thanks Shai – made the requisite adjustments 🙂
[13:08] r m: Hi ST, data began flowing into NT today 🙂
[13:08] Shares Trader: no Pasi..whos tht
[13:09] Shares Trader: gd RM ..im happy fr U
[13:09] Pasi C: do u know abt kalidasu?@ST
[13:09] Shares Trader: leme ask my frnd..Google
[13:09] r m: lol
[13:10] Kris 123: @ST – I add a third name that belongs to same class – so that you understand it clearly – dont know the real name – but he moves with a nick name "Pasi C" in our room 🙂
[13:10] r m: 😀
[13:11] Shares Trader: oh really
[13:11] Pasi C: to understand things one need not to take a academic course@ST
[13:12] Shares Trader: means self study is reqd ..rt
[13:12] Kris 123: @SHai – I was late in getting in – but 5142 to 5162 could have been a great trade!
[13:13] Pasi C: may be@ST
[13:14] Shares Trader: hmm
[13:14] Shares Trader: Algo in BN..sellers ? or as Shai said due to rollovers
[13:16] Kris 123: @ST – these 2 days better to ignore algos – they will be generally rollovers.
[13:17] Shares Trader: yeah..rt Kris
[13:17] Shares Trader: Master went fr Lunch ?
[13:18] Ravi Sun: kris for 10 to 15 pns can I enter long on nf as the color of ma changed from pink to green
[13:19] Kris 123: @Ravi – today looks very range bound – not much will happen – so try the breakout/breakdown trade – beyond IB high and IB low.
[13:20] Ravi Sun: what lvls kris
[13:20] Ravi Sun: id high and ib low
[13:21] Kris 123: IB high is 5162 – and IB low is 5145 I think
[13:22] Ravi Sun: ok
[13:23] Jiignesh  -: shai I will get 10192? today
[13:29] Shai C: Hi ST
[13:30] Shai C: sorry what was the contexct of your question
[13:30] Shai C: Jiignesh there are positional shorts sitting abv 10080. a short covering move should bring 10300
[13:36] Shai C: BN algo 10019
[13:39] Shai C: Kris nuying 5100 ce again?
[13:40] Kris 123: looks the same virus that I planted in Shai system has been planted in my system as well 🙂
[13:42] Kris 123: @Shai – but I am expecting one breakdown as well!
[13:43] Shai C: this looks like a reapeat of yesterday
[13:43] Kris 123: yes Shai – play the range – make merry 🙂
[13:45] Kris 123: @Shai – though I made the mistake of entering late on the long journey from low to high – could catch the down journey at exact moment 🙂
[13:46] Kris 123: [12:33] Kris 123: I think the power of 5100 writers made me fearful of a breakout/down before expiry!
[13:46] Kris 123: [12:29] Kris 123: hmm…Shai is bullish on NF 🙁 – I was relying on 5100 writers to come to my rescue!
[13:47] Kris 123: The combo reached 54 now – from 70 earlier!
[13:47] Shares Trader: 5120 Yvwap
[13:47] Shares Trader: Shai mst b happy
[13:48] Kris 123: I am not a big player to write options – so I am playing peanuts on both sides – in fact I might have sold it to the writers 🙂
[13:49] Kris 123: [13:42] Kris 123: @Shai – but I am expecting one breakdown as well!
[13:50] Kris 123: well – we have a 10 point break – to hit many SL 🙂
[13:50] Kris 123: I added 5100CE at VAH touch – an SL 3 points below 2IB
[13:52] Kris 123: looks I am alone in the room 🙁
[13:53] r m: 🙂
[13:53] Ravi Sun: any sgnls on nf
[13:53] Shai C: that was a compeeling buy at VAH
[13:53] Kris 123: ok – reached 5141 – time to offload some 5100CE from 43 to 50
[13:54] Kris 123: remaining tsl at 45 – and hope for some pumpkins!
[13:54] Shai C: should enter IB again to get pumpkins
[13:54] r m: 🙂
[13:54] Shai C: No Ravi- still blue on screen
[14:00] j w: what happened next?
[14:00] j w: 🙂
[14:00] Kris 123: [12:14] Kris 123: hmm.. INR and NF both moving up simultaneously -[12:14] Kris 123: contradictions dont exist – if they appear – check the premises – one of them will be wrong!!
[14:01] Shai C: test
[14:01] Shai C: will back up in a min
[14:07] Jiignesh  -: any problem
[14:09] Shai C: back now..
[14:09] Jiignesh  -: shai yesterday's BN signal
[14:09] Jiignesh  -: cost big
[14:10] Jiignesh  -: not complaining
[14:10] Jiignesh  -: but try 2 find solution
[14:11] Shai C: test
[14:11] Ravi Sun: for a pft of 15 pnts can I enter nf now
[14:12] Shai C: buy abv 5146
[14:14] Ravi Sun: ok
[14:15] Jiignesh  -: Chalo Chalo bhagao
[14:17] Jiignesh  -: where are u all?
[14:17] r m: roti kha rahe hain 🙂
[14:18] Jiignesh  -: 🙂
[14:19] Shai C: @ Jiignesh, yesterday's buy in BN came at 3.29.30
[14:20] Shai C: system discarded the message 🙁
[14:20] Jiignesh  -: that I thought
[14:20] Shai C: does not happen often
[14:20] Jiignesh  -: yes u r rite
[14:20] j w: after 3, anyway its lottery
[14:20] Jiignesh  -: but what happened bought at Sai
[14:20] Rahul Goel: shai cna u plz confirm if we have a sell in gold
[14:21] Shai C: No sell yet
[14:21] Rahul Goel: okay thanks
[14:21] Jiignesh  -: 'high and it's already 100pt lower so little worry
[14:21] Shai C: @ JW I agree . we live at the mercy of americans and europeans
[14:21] Jiignesh  -: baki everything ok
[14:22] Jiignesh  -: 🙂
[14:23] Jiignesh  -: @shai this time gold's trade is late…:)
[14:27] Shai C: there's no movement in gold
[14:31] Pasi C: close below5142 weakness?@shai
[14:34] Jiignesh  -: i m not able to post link or chart but a H&S in BN 5min chart
[14:34] Pasi C: close below 5142 weakness?
[14:34] Jiignesh  -: @r m will u check?
[14:34] Shai C: No Pasi- Mkt very range bound
[14:35] Shai C: keeps coming back to 5120
[14:35] r m: @Jiignesh, only chart i have right now is the Shai's chart
[14:35] Jiignesh  -: 🙂
[14:35] j w: Heading back into yesterday's range, is just an indication that it is no mood to try something new
[14:35] j w: nothing strongly positive or negative
[14:35] Jiignesh  -: I m using on cell so not able to post link
[14:36] r m: ok
[14:36] j w: right shai?
[14:36] Shai C: yes JW
[14:37] Shai C: yesterday's poc 5121
[14:37] Jiignesh  -: baap band trade in BN ?
[14:37] Jiignesh  -: vwap
[14:38] r m: @Jiignesh, it is in the midst of 80%
[14:38] r m: and vwapband  is meekly following 🙂
[14:38] Jiignesh  -: 🙂
[14:42] Shai C: glbal cues are non – existent today
[14:46] Kris 123: the great combo reached 50 now!
[14:46] Kris 123: yesterday Shai said that – there are 20 points still to be had – and he gave it!
[14:46] Pasi C: ok
[14:47] Kris 123: I hope he shows some mercy on popcorn hunters like me now!
[14:47] r m: 🙂
[14:47] j w: 🙂
[14:48] Kris 123: [09:21] Shai C: 5100 has still 70 bucks of premium   [09:22] Shai C: it's a good deal even now at 70
[14:48] Kris 123: Dont get confused with time stamps – they are given yesterday morning at open.
[14:50] Kris 123: I hope you people realise the truth now and understand the true friends of Mauritius!
[14:50] r m: 🙂
[14:53] Kris 123: 5100PE+5200CE is 12Rs – can be a lottery ticket
[14:54] Kris 123: I am expecting 5100 writers to get some surprise tomorrow!
[14:57] Ravi Sun: shai now tweet deck is updating
[15:03] Kris 123: finally – 5100CE compared to spot – is having only 1 point time value
[15:04] Kris 123: dont you think it is looking like a sugar cane – after coming out of the juice machine? 🙂
[15:07] Shai C: 🙂
[15:07] Shai C: BN building up
[15:07] Shai C: cross abv pdh can bring 10060
[15:08] Shai C: agree with kris- one party at 5100 needs to be in pain
[15:10] Shai C: slightly bullish if we close here, as value is created higher
[15:11] Shai C: also that move to yesterday's POC at 5124 did not have a change of dpoc and conserquently the yellow value lines
[15:12] Ravi Sun: shai bye c u tmrw
[15:12] Shai C: ok Ravi
[15:12] Shai C: see you tom
[15:22] Shai C: 38 point range
[15:22] Shai C: maybe a poor morning tom also
[15:22] r m: yesterday was 48 points
[15:23] Shai C: has to do with thye vix which is near 20
[15:23] r m: ES has gone to sleep!
[15:24] Shai C: they will move when the europeans finish their summit
[15:24] r m: ok
[15:24] Shai C: this time noticeably there is no run up
[15:24] Shai C: was expecting one as a habit
[15:24] Shai C: Guess mkt is getting smarter 🙂
[15:24] r m: 🙂
[15:29] Shai C: looks like us will also be quite tonight
[15:30] Shai C: 5141/ 9988
[15:30] r m: Thanks Shai and friends, bye all 🙂
[15:32] Shai C: Bye all