*** Shai **, Welcome to the Vtrender conference room!
[08:51] r m: Good Morning folks!
[08:52] Shai C: GM all
[08:53] Bipin N: GM guys
[08:54] r m: Hi Shai, Bipin 🙂
[08:56] Pasi C: GM all
[08:56] Pasi C: Hirm,Bipin,Shai
[08:57] Bipin N: hi Pasi
[08:57] r m: Hi Pasi
[08:58] J C: GM Shai, Rm,Pasi, Bipin 🙂
[08:59] Bipin N: hi JC
[09:03] r m: Hi JC 🙂
[09:06] Pasi C: oops why gap up today?rm
[09:08] Shai C: gap up?
[09:09] Shai C: sgx is flat
[09:09] Pasi C: sorry its pre-open
[09:09] Pasi C: 🙂
[09:09] r m: just 11 point up in pre-open
[09:10] Pasi C: pre open high was 5377?
[09:10] r m: much higher than that, but that is hardly relevant, Sensex behaves more responsiby during pre-open
[09:11] Pasi C: ok
[09:11] Shai C: focus will be the lower distribution between 5294- 5263
[09:12] Shai C: ability to stay abv 5294/ 10585 can be interpreted s slightly bullish
[09:13] Shai C: 5315/ 10488 are the Composite HVN's
[09:14] Rahul Goel: Hello GM all
[09:15] Shai C: flt open
[09:15] Shai C: flat open
[09:18] r m: Hi Rahul
[09:24] Rahul Goel: Hello rm how are you doing?
[09:24] Rahul Goel: Enjoying the rains in Dehradoon
[09:25] r m: Yes Rahul, nice climate
[09:36] Shai C: NF is working the thin center from yesterday
[09:36] Shai C: a move abv 5296 brings back 5315
[09:40] Bipin N: and on the downside Shai?
[09:41] Shai C: shorts can be taken below 5280 and added below 5265, sl 5296
[09:41] Shai C: tgt 5244
[09:42] Pasi C: USDINR SL?@shai
[09:46] Shai C: for long ?
[09:46] Pasi C: sell signal came in USDINR shai
[09:47] Pasi C: Sell USDINR @ 56.0100 at 09:38:229:38 AM –
[09:47] Shai C: 56.27 tgt 1 is 55.78
[09:48] Pasi C: ok
[09:53] Pasi C: 9:45 10:15
[09:56] Kris 123: [09:36] Shai C: a move abv 5296 brings back 5315 – We trying to break that range around 10AM – is not looking good for bulls!
[09:56] Kris 123: Good Morning All 🙂
[09:57] r m: Hi Krs 🙂
[09:57] Kris 123: Gm RM 🙂
[09:57] Kris 123: 50% BN short here at 10630 –
[09:57] Shai C: didn't we agree that it's not good qfter 10.15
[09:58] Kris 123: will decide about its future after IB
[09:58] Kris 123: @Shai – but – my part of theory is – IB extension between 9.45-10.15 is not good.
[09:58] Kris 123: your part is – IB break between 10.15-10.45 is not good!
[09:59] Kris 123: we more or less arrived at a consensus that between 9.45 and 10.45 any movement near the IB high or low should be suspicious 🙂
[09:59] Shai C: 🙂
[10:00] Kris 123: it is a different issue that RM says it is a compromise rather than consensus 🙂
[10:01] Pasi C: so what should be the stop ?@shai
[10:01] Pasi C: 10580 will be good?
[10:01] r m: a democratic way of functioning (or nonfunctioning) 🙂
[10:03] Shai C: yes pasi, but upide is cpped. book near 10655
[10:03] Pasi C: ok
[10:05] Pasi C: out of long
[10:10] Shai C: 18 poiint IB
[10:10] Shai C: ll prem has gone from NF
[10:11] Bipin N: Shai sl in NF long please
[10:13] Shai C: IB low
[10:13] Bipin N: thanks
[10:13] Kris 123: @Shai – looks you are seriously biased on the long side 🙂
[10:14] Kris 123: I thought 2 points below VAH would be SL – and then 80% may take over 🙂
[10:15] Shai C: kris trade is trying to come back in the upper distribution and with BN at PDH it hs a chance
[10:16] Shai C: of course failure can't be ruled out
[10:16] Kris 123: true – it is the bias which kills objectivity – I am a bit bearishly biased – hence – was looking at things differently 🙂
[10:17] Shai C: actually mkt is just floating
[10:18] Kris 123: Quite surprising that RM adjusted his MO rating in 2 days time – from alarming to bullish!
[10:18] r m: 🙂
[10:19] r m: broader market decided to book profit en masse yesterday )
[10:19] Kris 123: and he could do this with out substantial correction in the index!
[10:20] Kris 123: alright – at vwap we should part book.
[10:21] Kris 123: [09:57] Kris 123: 50% BN short here at 10630 –
[10:21] Kris 123: if it is girish swipe – longs will be nice above IB high.
[10:21] r m: BN did not fall yesterday ad OI went up by 4%
[10:22] Kris 123: remaining BN SL at pdh+2 points.
[10:25] Kris 123: I guess 30 point popcorns are not really worth for any one here – no one even nods 🙁
[10:27] J C: its good Kris…u got one of the only 2 oss trades today, till now:-)
[10:28] J C: *poss
[10:32] Shai C: not much activity in options today
[10:33] Pasi C: BN profile charts plz@shai
[10:36] Pasi C: ok thx
[10:39] Dr Bansal *: crude oil chart gone.
[10:46] Shai C: crude on screen
[10:47] Dr Bansal *: thanks,shai.
[11:00] Shai C: 5307
[11:00] Shai C: bolt
[11:02] r m: 11:00:26 5302.00 377550
[11:02] Shai C: sl is vwap now for longs
[11:16] Shai C: take small profits on longs here
[11:17] Shai C: crude oil selloff- #Norway gov ended a 16-day dispute between offshore oil/gas workers and employers, averting a lockout that had threatened to halt production
[11:17] Shai C: info from twitter
[11:19] Shai C: seeing BN hitting some upper limits here at 10655
[11:37] jiignesh -: GM all
[11:39] jiignesh -: strike???
[11:40] jiignesh -: @shai u also…:)
[11:40] Shai C: GM Jiignesh
[11:40] jiignesh -: GM
[11:41] Shai C: 5310 ws the uper distribution of yesterdy
[11:41] Shai C: so we travelled the distnce
[11:41] jiignesh -: now what?
[11:41] Shai C: rotations
[11:42] jiignesh -: tired of this
[11:42] Shai C: banks are doing well today
[11:42] jiignesh -: this days market is behaving like christmas holiday
[11:43] Shai C: happens when vix is low, mkt becomes slow
[11:43] Shai C: on e big day to trade will be thurs and then back to grind
[11:44] jiignesh -: yes and this type of market snatch hard earn money
[11:44] jiignesh -: 🙁
[11:45] jiignesh -: how abt selling BN and NF with pink today?
[11:45] jiignesh -: its look favourable
[11:45] Shai C: sell below vwap
[11:45] jiignesh -: ok
[11:45] Pasi C: Yes jiignesh especially options trading eats more
[11:46] jiignesh -: hi pasi, i dont know anything abt option 🙁
[11:48] J C: shai…if qe3 doesn't cum morrow, u expect a sell of abt 100 points…
[11:49] Shai C: qe3 has still time
[11:49] Shai C: tom is only the mins of the last meeting
[11:50] J C: k…tx
[11:50] Shai C: U mean in the minutes?
[11:50] J C: nope
[11:50] jiignesh -: its not possible in minutes
[11:50] Shai C: qe3 will come fter that bad jobs report
[11:50] J C: k…tx
[11:51] jiignesh -: and that qe3 will not work…
[11:51] Shai C: axis/ icici/ sbi all looking good
[11:51] jiignesh -: BN ko very good banao
[11:51] Shai C: BN can do something here
[11:52] jiignesh -: 10732 enough
[11:52] jiignesh -: for me
[11:53] jiignesh -: @shai, NG's alert are not active?
[11:55] Shai C: they are – but nothing generated
[11:56] jiignesh -: pp0
[11:57] jiignesh -: NG hitted PPO just now
[11:58] Shai C: buy will come if it sustains pdh now
[11:58] jiignesh -: ok
[11:58] jiignesh -: bye all
[12:04] Pasi C: buyall?
[12:04] Dr Bansal *: warm weather will keep buyers active.
[12:05] Pasi C: yes doctor
[12:08] Shai C: abv 5315, nf shoulod see 5340
[12:17] Shai C: europe's open at 12.30 is the only event risk
[12:22] Shai C: BN nd NF both at the res point mentioned in the morning
[12:23] Shai C: If sellers don't come here, we go much higher
[12:49] Shai C: anticpating 94 on the 5300 call now, bought 78, sl 61
[12:52] Bipin N: expecting 5350?
[12:53] Shai C: 5340
[12:54] Shai C: all banks are firing tody
[12:59] Shares Trader: 5315 previous week porfile HVN shai ?
[13:08] Shai C: yes
[13:09] Shares Trader: thts todays high
[13:09] Shares Trader: so far 🙂
[13:12] Shares Trader: i thnk sellers may come around
[13:12] Shai C: or a pause between 5294- 5315
[13:13] Kris 123: [10:21] Kris 123: if it is girish swipe – longs will be nice above IB high.
[13:13] Kris 123: well – once the swipe is done at 10610 – BN gave 60 points from there!!
[13:13] Kris 123: back!
[13:13] Kris 123: to the room.
[13:14] Shai C: trick is tht we have entered lst week's balance and should go to the other side holding 5290
[13:15] Shares Trader: right
[13:15] Shai C: in these days of slow movements, what happened in a few hours happens in a few days
[13:15] Shai C: so patience
[13:15] Dr Bansal *: shai,looks sell off in crude.
[13:15] Shai C: news driven
[13:16] Kris 123: any way – got in 5300CE at 74 – hoping for a close at highs 🙂
[13:24] Dr Bansal *: shai,what is the congestion point in crude.
[13:46] Shai C: test
[13:46] Kris 123: euro at 2 year lows – equities are nowhere near – QE effect?
[13:52] Kris 123: part booked at 84
[13:52] Kris 123: [13:16] Kris 123: any way – got in 5300CE at 74 – hoping for a close at highs 🙂
[13:53] Kris 123: it is a 36 minute trade!
[13:53] r m: Good trade Kris 🙂
[13:53] Kris 123: rest trailing at cost – hoping for a day high close!
[13:54] Kris 123: Thanks RM 🙂
[13:54] r m: lol
[13:55] Shares Trader: Nice Trade Kris
[13:55] Shai C: me too out part at 87
[13:55] Shares Trader: Shai…ur 5340 coming 🙂
[13:56] Shares Trader: gd one
[13:56] Shai C: for once I was before Kris [12:49] Shai C: anticpating 94 on the 5300 call now, bought 78, sl 61
[13:56] Shai C: 🙂
[13:57] r m: 🙂
[13:57] Kris 123: @Rm – looks one of the nicest compliments recieved 🙂
[13:57] r m: 🙂
[13:57] Kris 123: [13:52] Kris 123: [13:16] Kris 123: any way – got in 5300CE at 74 – hoping for a close at highs 🙂 – Ofcourse – I got them 4 points cheaper 🙂
[13:59] Shai **: @ Dr Bansal- check this crude chart- http://www.vtrender.com/content/crude-composite
[13:59] r m: 13:5:35 53.50 414300 mega tick :
[13:59] r m: 13:5:35
[14:00] r m: same typo again 13:51:35 )
[14:01] Kris 123: @Rm – kept a sell for part at 91
[14:01] r m: Thanks Kris
[14:01] Kris 123: remaining trailing at 85 now!
[14:01] r m: wonderful 🙂
[14:03] Shai C: @ Sharestrader- that is the 80 % weekly which has a bigger success perecentge than 80 when prev week is balanced
[14:05] Shai C: USDINT hits the LVN at 55.78
[14:05] Shai C: yesterday's 56.30 now confirms a short term top with a reversl estblished
[14:08] Shai C: yesterday's big build up at 5300 ce still in the game
[14:12] Kris 123: [14:01] Kris 123: @Rm – kept a sell for part at 91 – done!!
[14:12] r m: great!
[14:13] Kris 123: remaining tsl moved to 88
[14:14] Kris 123: and bought some 5300PE at 54
[14:14] Kris 123: after 3IB, vwap band, Shai's 5340 – all these together should give some popcorn na!! 🙂
[14:14] r m: 🙂
[14:16] Shai C: got 94 on the CE
[14:17] Shai C: 3IB in BN
[14:17] Pasi C: super shai
[14:17] r m: Great trade with pin point accuracy Shai 🙂
[14:18] Pasi C: NF ALGO
[14:18] Shai C: Of coutse kris deciding to put the weight of his calls helped
[14:18] r m: :
[14:18] r m: 🙂
[14:19] Kris 123: [10:21] Kris 123: if it is girish swipe – longs will be nice above IB high.
[14:19] Kris 123: 120 points in BN!! – Girish master – take a bow!
[14:20] Kris 123: [14:13] Kris 123: remaining tsl moved to 88 – now moved to 94
[14:20] Kris 123: 20 points locked in the trade!
[14:20] Shai C: time to bow out of longs
[14:21] Shai C: even US rocketing higher
[14:23] Shai C: 13 point prem now from zero
[14:26] Kris 123: [13:52] Kris 123: [13:16] Kris 123: any way – got in 5300CE at 74 – hoping for a close at highs 🙂
[14:26] Shai C: Market rallying on rumour the German constitutional court just approved the ESM
[14:28] Shai C: 5315- 5262 non stop
[14:30] Kris 123: @Rm – quit the last parts at 101 – done.
[14:30] r m: Congrats Kris 🙂
[14:30] Shai C: congrts Kris
[14:31] Kris 123: @Shai – thanks to you – it is a copy of your trade 🙂
[14:32] Kris 123: oh – Shai completely took out MP charts 🙂
[14:32] Kris 123: btw, today can be a trend day?
[14:34] Shai C: yes
[14:44] Kris 123: Ok Friends – see you tomorrow 🙂
[14:48] r m: bye Kris 🙂
[15:00] Bipin N: Shai will you put up todays NF chart in Pemium Room?
[15:01] Shai C: sure
[15:01] Bipin N: thnks
[15:01] Bipin N: cya guys ye
[15:01] Bipin N: bye
[15:01] r m: @Shai, the dpoc should have moved to 5325 area with a bunch of Algos?
[15:01] r m: bye Bipin
[15:02] Bipin N: bye r m
[15:04] Shai C: RM the vah is still 5340
[15:04] r m: ok
[15:04] Shai C: maybe it will climb to 5325
[15:04] Shai C: not more
[15:05] r m: on my charts vah has gone to 5363 🙂
[15:11] Shai C: no still 5338
[15:12] r m: Thanks Shi
[15:12] r m: Shai
[15:13] Shai C: us action 1354 is mode for 1358 later or back to 1346
[15:13] Dr Bansal *: need crude chart.
[15:13] Shai C: sure
[15:14] J C: carry longs shai…
[15:15] Shai C: part book
[15:16] Shai C: wqe may visit lower tom
[15:16] J C: as per trend day..gap up expected morrow…
[15:16] Shai C: yes hence suggesting only part
[15:16] J C: k…tx
[15:26] Deepak C : dear all , not spam-ing, i've started 2 threads at traderji, its worth having a glance at least http://www.traderji.com/advanced-trading-strategies/71503-1-lac-turns-into-22-lac-1-yr-2-mths-6-days.html http://www.traderji.com/advanced-trading-strategies/71529-backtesting-result-1-lac-turns-into-28-lacs-1-y-2-m-10d-bit-active-traders.html
[15:27] Shai C: sure Deepak – will love to visit
[15:27] r m: Thanks Deepak 🙂
[15:28] Deepak C : thanx shai rm
[15:31] Pasi C: bye all
[15:31] Shai C: bye ll
[15:31] Shai C: dpoc shifted at the close
[15:31] r m: Thanks Shai, bye all, have a great day 🙂
[15:32] Shai C: 5356/ 10758
[15:32] Deepak C : bye all
[15:32] r m: yes Shai, the Ninja is very fast with dpoc 🙂
[15:33] Shai C: yes maybe
