Trading room today

[08:47] Pasi C: GM all
[08:47] Pasi C: Hi rm
[08:48] Pasi C: yesterday u said we deoupled fromES? rm 🙂
[08:49] r m: Hi Pasi
[08:50] r m: well ES is not weakening while we have been sliding since last week
[08:51] Pasi C: yes
[08:51] Vicky M: GM all 🙂
[08:51] Sreeram N: GM all 🙂
[08:52] Sreeram N: rm daybefor yesterday we have a fake print at 5175 I think we will test that & move upwards
[08:53] Pasi C: Hi vicky&SN
[08:53] r m: Hi Vicky, SN 🙂
[08:53] r m: @SN, quite likely, i don't know how they make those fake prints without volume
[08:54] r m: Guess some folks have installed a fake printer 🙂
[08:54] Sreeram N: yes rm me too 5175 was printed without any trans at that price
[08:56] Vicky M: hi rm 🙂 Pasi 🙂
[09:01] Rahul Goel: Hello all GM
[09:01] r m: Hi Rahul, early today? 🙂
[09:01] Rahul Goel: yup rm very early
[09:01] Rahul Goel: I had to getup for some offcial work
[09:02] Rahul Goel: other wise I am only thr by 10
[09:02] Pasi C: markets under pressure
[09:03] Sreeram N: NIfty 4990
[09:05] r m: @SN, I have observed that opening duel (also known as pre-market) is more realistic in sensex 🙂
[09:05] Sreeram N: yes rm
[09:06] Sreeram N: sensex is flat to postive
*** Shai C, Welcome to the Vtrender conference room!
[09:07] Shai C: GM all
[09:07] r m: i mean the to an fro movement, Nifty appears to make wild 400 point moves in the premarket but settles near sensex at close of matching period
[09:07] r m: GM Shai
[09:08] Vicky M: GM Shai 🙂
[09:09] Shai C: Gm RM, Vicky
[09:09] Shai C: Yesterday Ben did not use the word QE3
[09:09] Shai C: 🙂
[09:09] r m: 🙂
[09:09] Shai C: Focus shifts to the aug 1 FOMC meet now
[09:10] Shai C: 5184 LVN and 5223 pull back high to set the range
[09:11] Shai C: 10720 pull back high in BN
[09:13] J C: GM folks!!!
[09:13] r m: Hi JC 🙂
[09:13] J C: Hi Rm:-)
[09:13] Shai C: focus is clearly on the 5200 strike with 45 cr in time value left
[09:14] Shai C: call TV is 45 and put TV is 41
[09:14] Shai C: TV= time value
[09:14] Vicky M: means we will be around 5200 🙂 for some more time
[09:15] Sreeram N: Shai I want to write 5200 PE ur suggestion
[09:15] Shai C: SN 5160 sl on 10 min closing basis
[09:15] Shai C: NF
[09:15] Sreeram N: kk Shall I write now
[09:16] Shai C: yes u can
[09:16] Shai C: maintain sl
[09:16] Sreeram N: k
[09:17] Shai C: trade will be realtively safer for you if 5224 sustains
[09:18] Kris 123: GM All 🙂
[09:18] r m: Hi Kris 🙂
[09:18] Kris 123: Hi Rm 🙂
[09:20] r m: @Kris, very close to your favorite number 🙂
[09:22] Shares Trader: GM Everyone
[09:23] Vicky M: GM Kris 🙂
[09:23] Vicky M: Gm Shares Trader 🙂
[09:23] r m: Hi ST 🙂
[09:23] Shares Trader: Hi RM/Vicky
[09:24] Shares Trader: One trip to Yvwap ?
[09:25] Vicky M: @rm do u remember which calendar spread was given by viren ? few days back 5200 PE?
[09:26] r m: @Vicky, no i don't remember 🙁
[09:26] r m: but i can check his tweet history 🙂
[09:26] Vicky M: 🙂
[09:27] Shares Trader: is viren in room ?
[09:27] Shares Trader: nevr heard anythng frm him in room
[09:28] r m: he is active on twitter
[09:28] r m: @VirenRasquinia
[09:28] Vicky M: rm got it 🙂 5300 PE calendar spread
[09:28] Vicky M: thanks
[09:29] r m: ok, you are much faster than me 🙂
[09:29] Shares Trader: ok rm
[09:45] Shai C: quite open
[09:45] Shai C: with about one week to expiry 5200 getting attention
[09:49] Shai C: trend for past few days has been to close at the lows
[09:52] Kris 123: If some one remembers, a few days back I dreaded if Shai and friends wrote 5300PE+CE – looks I am correct – 5300CE from 80s has fallen to 13 and now … 🙂
[09:53] Kris 123: Shai wrote that the time premium in 5300PE was 60 points then – now it is mere 11 points!
[09:54] Shares Trader: Shai , do u use any Footprint analysis in trades ?
[09:56] Vicky M: ST do u have footprint software?
[09:56] Shares Trader: s
[09:56] Shares Trader: nt software..indicator
[09:57] Vicky M: is it free on net?
[09:58] Shares Trader: nt free
[09:58] Shares Trader: 59$/mnth
[09:58] Shares Trader: http://i49.tinypic.com/2nknkv7.png  here it is
[09:59] Shares Trader: i ddint buy tht..on trial
[09:59] Pasi C: after 1991 this july may be giving surprise ST
[10:00] Vicky M: thanks ST
[10:00] Vicky M: is that the fin algo one?
[10:00] Shares Trader: ys
[10:00] Sreeram N: In wat sense pasi ??
[10:01] Shares Trader: i skiped 1991 pasi being outlier
[10:01] Pasi C: yesterday u have shared one oic month wise raise@ST
[10:01] Pasi C: *pic
[10:02] Vicky M: ST whats the site for indicator?
[10:03] Shares Trader: http://www.fin-alg.com/index.php/products
[10:03] Vicky M: thanks 🙂
[10:03] Shares Trader: yes pasi..i rember
[10:08] Kris 123: is ib low located at pdl and val?
[10:09] r m: yes 🙂
[10:10] Kris 123: it can only mean one thing!
[10:10] r m: 😀
[10:11] r m: day after 3I day, very good chances of low in first hour
[10:11] Sreeram N: any chance of 80% in BN
[10:12] Kris 123: and that too low happening at my preferred time zone of 9.45-10.15!
[10:12] Kris 123: @SN – btw, you stay in Hyd?
[10:12] Sreeram N: yes kris
[10:12] Sreeram N: ru in hyd ??
[10:12] Kris 123: yes
[10:13] Sreeram N: ohh gr8 shall we meet
[10:13] Sreeram N: were ru in Hyd
[10:13] Kris 123: sure!
[10:13] Dr Bansal *: shai,crude oil and NG.
[10:14] Kris 123: i stay Mon to Fri in Hyd – for next 3-4 months
[10:14] Sreeram N: kk 2day only I came to Hyd from Bang
[10:14] Sreeram N: ur staying here on any company's work
[10:15] Sreeram N: Were ru staying in HYd
[10:19] Sreeram N: Kris ru their ??
[10:25] Kris 123: sorry SN – was out
[10:25] Kris 123: I am staying near Kondapur
[10:25] Sreeram N: kk no probs
[10:25] Sreeram N: kk
[10:25] Sreeram N: Shall we meet 2morrow evening
[10:25] Kris 123: sure
[10:26] Sreeram N: when will u be free
[10:26] Kris 123: preferably after 7 🙂
[10:27] Sreeram N: sure done
[10:27] Sreeram N: came here on any project
[10:27] Kris 123: You wanted to come to my place – so I thought I will meet you in your place 🙂
[10:27] Sreeram N: ya Thanks for ur concern
[10:27] Kris 123: yes – doing some consulting!
[10:27] Sreeram N: k
[10:28] Sreeram N: Which side or u on in NIfty & BN
[10:28] Sreeram N: *are
[10:28] Kris 123: I am hoping for a rally to materialize 🙂
[10:29] Sreeram N: k
[10:30] Sreeram N: 539 is ur no right Kris
[10:36] Dr Bansal *: shai,are you there today.
[10:37] Rahul Goel: another point if there is an IB break between 10:15 – 10:45 it does not work out well most of the time
[10:38] Rahul Goel: I think yesterday it was after 11:00 so we had a breakdown 🙂
[10:38] r m: 🙂
[10:38] r m: just two bars below PDL and dpoc shifted down 🙂
[10:39] Rahul Goel: rm can we say people booked their shorts around the same level
[10:39] r m: could be Rahul
[10:40] r m: but volumes are very thin for dpoc to shift with just two bars
[10:40] Rahul Goel: k
[10:40] r m: thin volume will suggest OTF is on leave again 🙂
[10:41] Pasi C: could u plz screen your order book@shai  :0
[10:41] Pasi C: 🙂
[10:41] Rahul Goel: I would imagine the funda being the same, but whenever I see the dpoc moving down or up in copper I always take a trade on the other side and it is rewarding aound 80% of the time.
[10:43] r m: ok Rahul, that is a good way of trading copper indeed
[10:43] Pasi C: Rahul Goel: another point if there is an IB break between 10:15 – 10:45 it does not work out well most of the time       point noted Rahul
[10:44] Shai C: test
[10:44] r m: @Rahul, theortically the biggest volume of the day occuring below PDL and price not moving downwards would suggest that someone is absorbing all the supply there else price would have dived down
[10:44] Shai C: yes Dr bansal
[10:44] Shai C: @pasi u mean the time and sales window?
[10:44] Shai C: for?
[10:45] r m: @Shai, pasi wants your order book so that he can copy your trades and be a billionaire by weekend 😀
[10:45] Pasi C: no your order book    was just kidding shai
[10:45] Shai C: lol
[10:46] Shai C: today's move is still LH-LL
[10:46] Sreeram N: Chances of 80% in both NF & BN
[10:46] Pasi C: how good it would be if we can get chart 1 hr before@rm
[10:47] r m: @Pasi, you mean you want an advance booking on NSE trades? 🙂
[10:47] Pasi C: yes
[10:47] Sreeram N: @Pasi how about knowing High & Low for the day before so that no need to sit infront of the screens to we can place orders & go
[10:48] r m: well, i guess we must apply to Bruce allmighty for that 🙂
[10:48] Sreeram N: rm lol
[10:48] Dr Bansal *: To day economic times Roubini sticks to 2013 perfect storm perdiction.
[10:48] Dr Bansal *: comments
[10:48] Pasi C: 🙂 what if uc or LC SN nd GOD gave u only one chance
[10:49] Sreeram N: then options only out of the money
[10:49] Shai C: Bn is looking weak
[10:49] Pasi C: ha ha good one SN
[10:49] Shai C: can go to 10420
[10:50] Shai C: 10517 is a sell algo
[10:50] Pasi C: hoping for a intra pull in NF do u suggest to exit here?@shai
[10:50] Sreeram N: inr is spoling the bulls party
[10:51] Pasi C: SN whats your mail id
[10:51] Sreeram N: sreeramnaresh@gmail.com
[10:51] Bipin N: Shai a stop please in BN
[10:51] Pasi C: SN u r from?
[10:51] Sreeram N: HYD
[10:51] Pasi C: local?
[10:51] Sreeram N: srry ??
[10:52] Sreeram N: Native of Rajahmundry & Staying in Hyderabad
[10:52] Bipin N: Shai?
[10:52] Pasi C: ok SN
[10:52] Bipin N: a stoploss  please in BNF short
[10:52] Shai C: stop is 10565
[10:52] Bipin N: thanks
[10:53] Shai C: pasi trade can see 5160
[10:53] Pasi C: ok
[10:55] Pasi C: SN r u on gtalk?
[10:55] Sreeram N: no
[10:55] Pasi C: ok sent u invitation
[10:55] Sreeram N: k I will accept later
[10:56] Pasi C: ok
[11:01] Shai C: 10490 is a prev low/ then 10420
[11:04] Sreeram N: can that BN algo can be buy Shai
[11:06] Shai C: see all sellers
[11:07] Sreeram N: k
[11:07] Shai C: 1340 contracts
[11:08] Pasi C: Good observation Rahul
[11:09] Pasi C: can be a trend day?@shai
[11:11] Shai C: I'm expecting responsive buyers near 5160, but we'll play the trend
[11:11] Pasi C: ok
[11:11] Shai C: look for vwap to confirm change of downmove
[11:12] Shai C: 5185 fut closed the gap
[11:13] Sreeram N: Shai & also fake print @ 5175 ??
[11:13] Shai C: 5160 spot holds the gap from expiry day
[11:13] Shai C: yes that print was weird that day
[11:13] Shares Trader: shai, tht tick showd 4100 contratcs i guess
[11:14] Shai C: refused to leave the charts, may hve been a basket sell
[11:14] Shai C: at 5175?
[11:14] Shares Trader: s
[11:14] Shai C: I saw 0 and even RM did not confirm
[11:14] Shares Trader: odin showd tht tick with tht much volm
[11:14] Sreeram N: 5175 there is no volume na shai
[11:14] r m: did not show any volumes on TT tick
[11:15] Shai C: yes I remember RM saying that
[11:15] Shai C: but cash basket selling on such ticks will show zero
[11:15] r m: @Shai, esignal did not show any volumes either
[11:15] r m: ok
[11:15] Shai C: all such ticks cannot be wished away
[11:16] r m: guess we should buy that strike's CE or PE when such a fake print is seen 😀
[11:16] Shares Trader: 20120716 091501;5175.05;4300
[11:16] Shai C: it wasn't false as it refused to go away after a scrub
[11:16] Shares Trader: here is tht tick shai
[11:16] Shares Trader: so seeign volm..i kept tht tick..didnt delete
[11:16] r m: wow, ST is a good historian!
[11:17] Shai C: that 01 is a sec
[11:17] Shai C: ?
[11:17] Shares Trader: s
[11:17] r m: yes
[11:17] Shares Trader: 20120716 091501;5247.80;150   second tick
[11:18] Shares Trader: 🙂
[11:18] Shai C: no new sellers after that big tick lower at 10517
[11:20] Sreeram N: I want to see 80% in both 2day
[11:21] Shares Trader: any significant Option additions guys ?
[11:22] r m: writers are on a spree in 5200/5300CE, 9 lakh addition each
[11:22] Shares Trader: thnx rm
[11:27] Shai C: 5300 looks to be history for this series
[11:27] Shai C: puts have lost all value and calls are big at the strike
[11:28] Shai C: don't remember the last time that happened with one week to expiry in a strike 100 point away
[11:28] Shai C: a better option to hold if bullish will be 5200 or even 5100
[11:30] Sreeram N: Shai Nifty buy abv VWAP or poc
[11:32] Shai C: poc is better
[11:32] Sreeram N: k
[11:43] Sreeram N: rm ??
[11:43] r m: Yes SN?
[11:43] Sreeram N: room is silent these days
[11:44] r m: yes, with Janak & Girish missing from action there are not many discussions going around 🙂
[11:45] Sreeram N: ya even manu & vinod
[11:45] r m: yes
[11:45] r m: manu has migrated to Canada
[11:45] Sreeram N: oh cool
[11:45] Sreeram N: Even I am trying to
[11:45] r m: ok
[11:45] Sreeram N: but first I have to apply my passport
[11:45] Shai C: kill the BN shorts abv vwap
[11:47] Shai C: spot low anyone?
[11:47] r m: 5169.05
[11:48] Shai C: ok thanks
[12:02] Sreeram N: shai trgt in BN
[12:04] Shai C: 10620
[12:05] Shai C: big vol again at 10595
[12:07] Shai C: 10599 algo a sell
[12:09] Sreeram N: Shai VAH in BN ??
[12:09] Sreeram N: & nifty too
[12:09] Shai C: 10621/ 5227
[12:10] Shai C: values are on screen below HOCL box
[12:10] Sreeram N: kk those boxes
[12:10] Sreeram N: thanks got it
[12:14] Sreeram N: Shai can u zoom BN charts & refresh it once
[12:15] Shai C: can't refresh- data gets lost
[12:15] Sreeram N: kk
[12:15] Shai C: now Bn should go up
[12:15] Sreeram N: that algo in BN shifted poc to it
[12:16] Shai C: yes was big
[12:16] Sreeram N: wat should be the trgt Shai I put 10620
[12:16] Sreeram N: VAH
[12:16] Shai C: ok
[12:23] Shai C: scale out if 595 is not taken now. europe set to open
[12:28] Shai C: 595 again
[12:29] Sreeram N: Shai Shall I hold or exit @ 10620
[12:29] Shai C: book
[12:29] Sreeram N: k
[12:29] Shai C: we'll buy again abv 625
[12:29] Sreeram N: k
[12:30] Shai C: neutral day already
[12:30] Shares Trader: [09:24] Shares Trader: One trip to Yvwap ?
[12:30] Shai C: done
[12:30] Shai C: was at 5214
[12:30] Shares Trader: it did bt after taking my stop
[12:31] Shares Trader: so no luck thr
[12:31] Shai C: u have an FA at 5255?
[12:31] Vicky M: looks like we will go even higher..
[12:31] Sreeram N: Now we should print buy in both
[12:31] Shares Trader: s ..shai frm 16 July u mean
[12:32] Shai C: 5199/ 10560 need to hold
[12:32] Shai C: Yesd ST
[12:32] Vicky M: bnf dpoc shifted up; nifty dpoc shifted down
[12:32] Shares Trader: 5261
[12:33] Shai C: or even closer we should not go below 5204/ 10593
[12:33] Shares Trader: yeah 5201-5204
[12:33] Shai C: for upmoves
[12:33] Dr Bansal *: there is red-sell signal in NF.
[12:33] Vicky M: looks like we will hit 5204
[12:34] Shares Trader: or sellers come back again near 5217-20
[12:34] Shai C: Yes DR, we are anticpating change
[12:34] Shai C: it's ok to anticpate if you are abv vwap/ pOC
[12:34] Pasi C: Dr Bansal *: there is red-sell signal in NF.      sell printed?
[12:35] Sreeram N: NO sell 2day it is yesterday's
[12:36] Pasi C: ok
[12:37] Dr Bansal *: VAH is 5227.
[12:39] Shares Trader: Yvwap ws 5217
[12:39] Shares Trader: is
[12:39] r m: yes
[12:39] Dr Bansal *: SAR 5250
[12:44] Shares Trader: http://i45.tinypic.com/17b6mt.png
[12:45] Shares Trader: shd hv longd with delta as confirmation
[12:45] Shares Trader: Shai.. ?
[12:56] Shai C: his delta is based on?
[12:56] Vicky M: Shai Nifty BNF ib trade?
[12:57] Shai C: vwap trade first
[12:57] Shai C: if buyers show we will be at extreme by close
[12:57] Sreeram N: buy at vwap shai ??
[12:58] Vicky M: nf dpoc also shifted up
[12:59] Vicky M: nf, bnf , crudeoil all running towards vwap 🙂
[12:59] Shai C: 10596 is a seller in BN
[13:02] Vicky M: looks like we are not going anywhere, writing happening in 5200 pe as well as 5300 ce
[13:02] Shai C: today's low is 3 points away from the HVN's RM was talking about yesterday
[13:02] Shares Trader: Shai..tht delta is based on uptick-dowtick
[13:02] Shai C: ok
[13:03] Shai C: that's fin-alg right?
[13:03] Shares Trader: s
[13:03] Sreeram N: wat is fin-alg ??
[13:03] r m: www.fin-alg.com
[13:04] Sreeram N: thanks rm
[13:04] r m: welcome, thanks redirected to ST 😀
[13:04] Shares Trader: 😀 i dnt evn knw how to use it
[13:05] Shares Trader: seems info overload to me
[13:05] r m: 🙂
[13:05] Shares Trader: may b Shai can throw soem light
[13:05] r m: yeah, too complex 🙂
[13:05] Shai C: @ ST, I've learned not to trsut delta- diff feeds will give you diff inputs
[13:05] Shares Trader: mst b helpful whn we kwn wht to look fr
[13:06] Shares Trader: yeah i chkd with frnds
[13:06] Sreeram N: It looks great but I don't want to get confused these r simple
[13:06] Sreeram N: Shai will do all the programming & all
[13:06] Shares Trader: figures dnt match exactly bt lil bit diff is Ok..as it showing similar trends
[13:06] Shai C: question is about trusting a trade based on that- unfortunately results do not work out
[13:07] Shares Trader: no ..i mean to use it fr confirmation
[13:08] Shares Trader: "E " period first candle started with +ve delta..so cud hv longd above tht candle High
[13:09] Shares Trader: Okey..i get it..u dnt trust it 😀
[13:11] Shai C: There is this UK based trader on Big mike
[13:12] Shares Trader: yeah..one who presentd webinar
[13:12] Shai C: some years back I read about his views on delta and he has been doing delta for over 8 years now
[13:12] Pasi C: who is that
[13:12] Shai C: can't rember his name, but he has a thread where he has shown es with diff feeds and same ES
[13:12] Shares Trader: u mean futures Trader
[13:12] Shai C: no no
[13:13] Shai C: and same delta charts on same day too
[13:13] Shai C: He meant to say that the prob was not with the setups but with the data we have
[13:14] Shai C: which is not reliable
[13:14] Shares Trader: okk..
[13:14] Shai C: delta needs level 2 and pure tick not snapshot
[13:15] Shares Trader: i thnk Fulcrum n Futures Traders are 2guys who used Dleta extensivly..n hv lot of matrl on tht
[13:15] Shai C: maybe – FT is on bigmike?
[13:15] Shares Trader: BN back in IB
[13:15] Shares Trader: ys
[13:16] Shai C: it's been years since I've been there now
[13:16] Shares Trader: thr r webinars also frm him in elite section
[13:16] Shares Trader: same here
[13:16] Shares Trader: hvnt visited in long time..fr tht matter not on active on any forum
[13:17] Shares Trader: bt Big Mike site is real deal
[13:17] Shares Trader: lot of gd stuff thr
[13:17] Shai C: NF/ BN diverging
[13:19] Pasi C: NF abt to print buy signal
[13:20] Sreeram N: waiting for it from long time pasi
[13:23] Pasi C: i think it wont give a opp to buy .should jump
[13:23] Vicky M: ST what was your blog address?
[13:24] Shares Trader: mercurycapital ..WAS is right word
[13:24] Shares Trader: as i dnt update it
[13:24] r m: 🙂
[13:24] Vicky M: 🙂
[13:25] Shares Trader: seriously i salute Shais dedication
[13:25] Shares Trader: it needs lot of efforts to b consistent..
[13:26] Vicky M: true
[13:26] Pasi C: yes he is dedicated
[13:26] Vicky M: he is very dedicated and consistent
[13:27] Shares Trader: vicky hw did u get to knw abt my blog
[13:28] r m: @ST, your blog was the only authoritative source of info for us on FA 🙂
[13:28] Vicky M: ST u wrote the address here few weeks back
[13:29] Shares Trader: ok
[13:29] Shares Trader: thnx rm
[13:30] Shares Trader: if get to learn anothr gd concept..thn i might start blogging again
[13:30] Bipin N: ST the name of your blog please if you dont mind
[13:30] r m: that will be great ST
[13:30] Vicky M: all the best ST
[13:31] Shares Trader: http://www.mercurycapital.blogspot.in/
[13:31] Shares Trader: does Kris has blog ?
[13:31] Bipin N: thanks
[13:31] Sreeram N: ya
[13:33] r m: @ST, he HAD 🙂
[13:33] r m: just like you
[13:35] Pasi C: http://protradingblogs.blogspot.in/
[13:35] Shares Trader: hehe
[13:36] Pasi C: all blogs at one place
[13:36] Shares Trader: feels bad fr nt writing
[13:37] Pasi C: big volumes at 5196 spot
[13:39] Shares Trader: ok..i jst chkd blog last post
[13:40] Shares Trader: i did post my reasearch bt nt on blog bt in Big mike contest fr ipad 😀
[13:40] Shares Trader: wch i didnt win
[13:40] r m: lol
[13:40] Shares Trader: lol
[13:40] Shares Trader: on frist day of voting i felt i cud win..bt didnt hehhe
[13:40] Shares Trader: first *
[13:44] Vicky M: ST last post was research for contest?
[13:45] Shares Trader: nt fr contest
[13:45] Shares Trader: i ws writing it already
[13:45] Shares Trader: bt thn contest happend..so i did post stats thr
[13:45] Shares Trader: ok..guys chk my last post n plz comment
[13:46] Shares Trader: i hope shai wont mind it… its only fr educational purpose
[13:46] Sreeram N: @pasi blog is looking good but why didn't u post anything
[13:46] Pasi C: neutral center
[13:46] Shares Trader: dnt hv any othr intention
[13:47] Vicky M: ST sharing your strategy and research would be nice 🙂
[13:47] Shares Trader: else u can delete these posts
[13:47] Shares Trader: 🙂
[13:48] Shares Trader: ths iswht happens..ppl wont comment on blog 😛
[13:48] Shai C: lol ST- No problems with you posting your links
[13:49] Shai C: wait let me start
[13:49] Sreeram N: VAL support in BN
[13:49] r m: @Shai, you can't beat me 🙂
[13:51] Vicky M: ST:) i posted, but i dont have google a/c lol
[13:51] Vicky M: u shud allow anonymous comments
[13:51] Shai C: Rm got there before me
[13:52] Shares Trader: 🙂 thnx wil chk
[13:52] Shai C: Yes I failed the verification test twice
[13:52] Shares Trader: looks lk i hv limitd acess thr
[13:52] r m: lol
[13:52] Vicky M: Shai worth taking small longs in nifty at vwap? since dpoc also shifted up'
[13:52] Shai C: Maybe Google thinks I am a bot 'cos the image wasn't clear
[13:53] r m: limited access in your own blog? 🙂
[13:53] Shai C: better longs are abv 5210 to bring 5224
[13:53] r m: @Shai, yeah, they fudge the images so much that only a bot can read it correctly 🙂
[13:53] Shares Trader: yeah settings i mean..as i ddint login fr nearly a year
[13:53] Vicky M: ok 🙂
[13:53] r m: ok
[13:53] Vicky M: @rm lol
[13:54] Shai C: You are lucky to still have it- most times google will just knock it off
[13:55] Shares Trader: ic..lucky im thn
[13:55] r m: probably the failed auction search would be landing too many visitors there for google to knock it off 🙂
[13:56] Shai C: 47.5 CR of time value at 5200 now with call TV of 48 and put TV of 37
[14:00] Pasi C: Rajesh khanna died
[14:00] Bipin N: commented on the thread ST….had completely forgotten my id there is marina
[14:00] Shares Trader: RIP
[14:00] Bipin N: man…thats terrible news Pasi
[14:00] Sreeram N: Shai is Viren is in the room
[14:01] Shai C: yes
[14:01] Sreeram N: then why is silent in the room & posting only on twitter
[14:01] Sreeram N: Viren Sir
[14:03] Shai C: vwap held
[14:03] Sreeram N: Shai ask Viren if he had given any interview to any TV channel
[14:03] r m: NF has not forgotten 80% 🙂
[14:04] Shai C: 595 again
[14:05] r m: @ST, your YVWAP and today's VWAP band is here 🙂
[14:07] Viren **: Hi Sreeram
[14:07] Sreeram N: Hi Viren
[14:07] Shai C: 10612
[14:07] Sreeram N: after long time
[14:07] r m: Hi Viren 🙂
[14:07] Pasi C: 5224 done
[14:07] Shai C: algo
[14:08] Shares Trader: ys RM
[14:08] Viren **: Hi guys
[14:08] Shares Trader: Hi Viren
[14:08] Shares Trader: we never see u around
[14:09] Sreeram N: Viren u didn't answered my question
[14:09] Viren **: I am on chart mode most times
[14:09] Sreeram N: kk
[14:09] Sreeram N: Did u gave interview to any tv channel
[14:10] Viren **: took a nudge from Shai, to tell me I was a discussed
[14:10] Pasi C: 3 IB poss in BN?@shai
[14:11] Sreeram N: 3IB possible only after exit pasi
[14:11] Shai C: yes pull back highs tested
[14:11] Sreeram N: now it can I exited
[14:12] Shai C: ST's FA point is next
[14:13] Shai C: 5204/ 10595 needs to be protected
[14:14] Shai C: 12:57] Shai C: vwap trade first [12:57] Shai C: if buyers show we will be at extreme by close
[14:14] Shai C: a bit extended now
[14:18] Shai C: 2IB done together
[14:21] Viren **: no new buying here sellers coming
[14:21] Vicky M: Shai can NF still be bought?
[14:22] Shai C: abv the band high risk
[14:22] Vicky M: ok:)
[14:27] Shai C: 5214 is an lvn now
[14:27] Shai C: any visit there is a buying opp with skl of vwap
[14:30] Shai C: flip side is can VAH break
[14:30] Shai C: I guess once can buy with sl of vwap
[14:31] Shai C: tgt would be FA point 5256-61 by tom'open if not today
[14:31] Pasi C: here at 5229?
[14:31] Shai C: yes- but sl is deep below vwap
[14:31] Pasi C: ok
[14:33] Viren **: Ok bye to all, the see ya later
[14:33] Pasi C: bought again NF
[14:33] r m: Bye Viren 🙂
[14:33] Vicky M: bye viren 🙂
[14:34] Pasi C: hey viren kab aayaa
[14:34] Shai C: BN is back in the 670- 730 bracket
[14:35] Shai C: I meant 570- 730
[14:35] Shares Trader: NF again reverting frm 5240
[14:36] Shai C: ST, the buying from 5170 has been good today
[14:36] Shai C: larger picture
[14:37] Shai C: plus gap closed and the othetr gap abv 5280 will come into focus
[14:37] r m: last low to high was 39 points in NF
[14:37] Shai C: ?
[14:37] r m: 5197-5236
[14:37] Shai C: u mean 5197- 37
[14:37] Shai C: ok cool
[14:38] Shares Trader: right Shai..thr r 2 bracktes within big bracket
[14:38] Shares Trader: at presnt its in bracket 5180-5270
[14:38] Shai C: yes
[14:52] Shares Trader: hw many Algos today in NF shai?
[14:52] Shai C: not many
[14:56] Shai C: actually 3 in BN and none in NF
[14:56] Vicky M: i am trading light today 🙂
[14:57] Shai C: 🙂
[14:57] Shai C: BN is looking a bit shaky here
[14:58] Shai C: break of 620 will bring 590 again
[15:06] Vicky M: time for nifty dpoc to shift 🙂 up
[15:06] r m: hmmm, basket buying by Vicky 🙂
[15:08] Kris 123: looks the efforts of pushing below IB low & VAL & pdl did not materialize all that well 🙂
[15:08] Kris 123: Hello All – Good Afternoon 🙂
[15:08] r m: GA Kris 🙂
[15:09] Vicky M: Good noon Kris 🙂
[15:09] Kris 123: GA RM – I lost chat history – did Shai say about a neutral extreme close possible? – or any obstacles? 🙂
[15:10] Kris 123: GA Vicky – looks you finally got your 5180 🙂
[15:11] Vicky M: Shai was praising you when you were not here; and then he quickly erased your chat history
[15:11] r m: @Kris, [14:31] Shai C: tgt would be FA point 5256-61 by tom'open if not today
[15:11] Kris 123: thanks Rm – I know – Shai wants the money from the second leg of the 5300 combo write 🙂
[15:12] r m: lol
[15:13] Kris 123: @Vicky – possible – but I dont think I did any thing that deserved prize – and – when I do not get it with out asking even when I did something – I have my serious doubts on your statement being true 🙂
[15:14] Kris 123: 16 min – 5204 possible? 🙂
[15:17] r m: dpoc moves up as predicted by Vicky 🙂
[15:17] r m: not here though
[15:17] Pasi C: can we carry longs?@shai
[15:18] Shai C: yes pasi
[15:18] Pasi C: ok
[15:19] Kris 123: Thanks Shai – for the record – I am atleast 2 trading days early into this – pathetic performance!
[15:21] r m: @Kris, early bird catches the worms 🙂
[15:21] Vicky M: @Kris praising behind your back is more important than praising infront of you 🙂
[15:22] Vicky M: Nifty DPOC moved up too
[15:22] Kris 123: @Rm – not here in option markets I suppose – that must be atleast 6-8 points of premium I guess 🙂
[15:22] r m: yes Kris, in options early writing bird catches the worm 🙂
[15:23] r m: needless to say worms are the buyers 😀
[15:24] Bipin N: so i suppose should someone be long one would be justified in calling him a worm
[15:24] r m: lol
[15:24] Kris 123: @Rm – but I dont eat worms 🙁
[15:25] r m: not the future buyers Bipin, they don't pay premium 🙂
[15:25] r m: @Kris, you should man, high protein diet 🙂
[15:25] Bipin N: hehe
[15:26] Kris 123: @Rm – occasionally I get away with eating a bird or two – but not the worms 🙂
[15:26] r m: lol
[15:28] Bipin N: bye folks
[15:28] r m: bye Bipin
[15:31] Kris 123: Shai ensured that it is a neutral day – by manipulating the dpoc 🙂
[15:31] Shares Trader: Bye all ..hv gd evening
[15:31] Shai C: 5225/ 10635
[15:31] Kris 123: Bye all 🙂
[15:31] Shai C: Bye all
[15:32] Shai C: close to a neutral extreme, but not quite
[15:32] r m: Thanks & bye all, have a great evening 🙂