Trading room today

[11:00] r m: 10250 in BN is like "Wall", batting since last 3 days πŸ™‚
[11:01] Shai C: margins have increased in all the scripts which JC mentioned
[11:04] Deepak C : thanx shai for such a wonderful post, [10:56] Shai C: larger Nifty context- http://www.vtrender.com/node/2559, 5090 – 5136 are july levels or spot levels ?
[11:04] Pasi C: Nifty spot- June July
[11:05] Deepak C : thnx pasi
[11:05] Pasi C: πŸ™‚
[11:24] Dr Bansal *: shai.tell something about NG.
[11:25] Shai C: Ok Dr- let me look at that chart again
[11:39] Shai C: NG is no trade here- very small range again in the morning
[11:39] Shai C: 172 is key fpor upside followed by a close abv 174
[11:40] Shai C: downside supp is 168 and 165.5
[11:40] Shai C: 164.5 is final sl for all long positions, and below that it goes to 153/ 148
[11:48] Dr Bansal *: out look for a week..
[11:50] Shai C: about the same
[11:50] Shai C: levels are imp- time is not
[11:50] Shai C: not meant for option players πŸ™‚
[11:52] r m: πŸ˜€
[11:53] Vicky M: option players in commodities?
[11:55] Dr Bansal *: yes,shai.time is immaterial.levels and tgts are.
[12:11] r m: charts stuck
[12:11] r m: though nifty would never notice πŸ™‚
[12:26] Sreeram N: charts struck again
[12:27] Shai C: now back
[12:28] Sreeram N: k
[12:33] Sreeram N: again struck
*** Shai C, Welcome to the Vtrender conference room!
[12:37] Shai C: test
[12:54] J C: good buying happeng in 5200ce aug
[13:07] Shai C: the mkarket is poised in a perfect place for a 2 way jerk in the afternoon
[13:07] J C: such precise holding of a level…
[13:08] Shai C: brokerages are rubbing their hands in glee πŸ™‚
[13:08] J C: lol
[13:09] Shai C: about 26 lakhs covering in 30 mins would mean great business this week
[13:09] Shai C: 19 bucks now
[13:10] Shai C: the earlier writers have made 3
[13:10] Shai C: was 24 I think last night
[13:10] J C: rumor of sum govt enquiries in the stocks leading to selling (abt the ones mentioned in morn)
[13:10] Shai C: could be
[13:11] J C: mayb sharad pawar liquidating πŸ™‚
[13:13] Shai C: that should cause a circuit no?
[13:13] r m: lol
[13:13] J C: yup…if he does the whole lot, this one mayb a small payment to delhi for reconciliation:-)
[13:14] r m: πŸ™‚
[13:14] Shai C: πŸ™‚
[13:15] J C: hez again wiped out 30k cr in Maharastra agri budgets…
[13:15] Shai C: he's asking for a drought package from MMS which is being delayed
[13:15] Shai C: maybe it will come now
[13:15] J C: πŸ™‚
[13:17] J C: how long wud it take to count 40-50k cr…hmmm. Mayb for sum dreams cum true:-)
[13:17] r m: that is why they count only boxes (peti) πŸ™‚
[13:17] J C: & i am not talkn of bank cashiers..
[13:19] J C: shai..15.9 for the 5100 combo now…
[13:23] Shai C: still 17 on my screen
[13:23] Sreeram N: tracking this market will bring sleep even to insomnia pateints as well
[13:25] J C: has increasd…was 15.9 the time i msgd
[13:47] Shai C: below IB lows
[13:54] Dr Bansal *: it is day time,insomnia at night
[14:05] J C: 15.7 now…combo
[14:07] Shai C: yes dropping fast now
[14:07] Shai C: 5100 pe clsoing?
[14:08] Shai C: I see a drop of 10 lakhs
[14:08] r m: yes
[14:09] r m: that rise to 13 sent writers into panic
[14:19] Vicky M: 5100 ce is still 5 rs πŸ™‚
[14:24] Shai C: 5100 ce getting confident
[14:24] Shai C: all they need is a close here at 5090
[14:24] Vicky M: take risk and sell 5100 CE?
[14:25] Shai C: at 10?
[14:25] Shai C: high risk
[14:25] Shai C: don't suggest
[14:25] Vicky M: its 4.85
[14:25] r m: you can sell jul and buy august πŸ™‚
[14:25] Shai C: that's better
[14:26] Vicky M: nice πŸ™‚ idea
[14:26] r m: but i doubt if you'll earn anything from that strategy, you'll just be safe πŸ™‚
[14:26] Vicky M: lol
[14:26] Vicky M: ok
[14:26] Vicky M: thanks
[14:26] Vicky M: its 3.5 now
[14:30] Shai C: BN sliding
[14:33] Vicky M: 5100 CE πŸ™‚ 2.5 now
[14:35] Shai C: now the other side?
[14:35] Vicky M: 5100 ce at 1.10
[14:35] Vicky M: which other side ?
[14:35] Shai C: going for the 5100 writers now
[14:36] Shai C: pe went to 27
[14:37] Vicky M: it will come back up now to reduce pe
[14:37] Vicky M: 5100 ce is at 0.80 let it extract juice completely
[14:37] Vicky M: then we will do 5100 pe
[14:37] Vicky M: 5100 pe at 18's now
[14:39] Vicky M: ok time for small upmove now πŸ™‚
[14:39] Shai C: has to move abv pdl for that to happen
[14:39] Vicky M: it will πŸ™‚
[14:39] Vicky M: i wont let it expire below 5065
[14:39] Vicky M: else vix expiry calculation formula will fail
[14:40] Shai C: at 1- 0.4 people added 10 lakhs
[14:40] Vicky M: [14:19] Vicky M: 5100 ce is still 5 rs πŸ™‚ ; now its 0.40 paisa
[14:40] r m: πŸ™‚
[14:41] Shai C: pair is 20.5 now
[14:42] J C: buyn 5100 ce now:-)donation to nse
[14:42] r m: lol
[14:42] Vicky M: lol
[14:42] Vicky M: don't it will be 0
[14:42] J C: ys…
[14:43] Vicky M: 5100 pe should be less than 5 rs in next 30 mins
[14:43] J C: but i have had the priv of once .65 turn into 25.
[14:43] Vicky M: WOW
[14:43] Vicky M: thats tempting
[14:44] r m: @JC, but by now at least 25 times your .65 would have turned to zero πŸ™‚
[14:44] Vicky M: time for OF to turn green from Pink
[14:44] Vicky M: lol rm
[14:44] Vicky M: still 0.65 X 25 times = 16.25 < 25 Rs.
[14:44] J C: happnd in 2010…still sum money to go:-)
[14:44] r m: good πŸ™‚
[14:46] J C: it happens by 3:10….else donation to insti from were u earn:-)
[14:46] r m: πŸ™‚
[14:48] Vicky M: 5100 CE 0.25 πŸ™‚
[14:48] Vicky M: lil more to go
[14:49] Shai C: and 5100 pe is not going above the 27.85 high
[14:49] J C: shai di u buy the combo…
[14:49] J C: did
[14:51] Shai C: yes 15.7, exited pe at 25.5
[14:51] J C: grt…
[14:52] Shai C: 5100 ce 68  added
[14:52] Shai C: all the PE went the other side
[14:52] J C: good one…
[14:53] Shai C: about 35 L have been written for under 4
[14:53] Shai C: 35 mins- anything can happen
[14:58] Shai C: 34 on the pe now
[14:58] r m: your original target exceeded
[14:58] Shai C: BN is weakening in a big way
[14:59] Shai C: It's jungle instinct on expiry hour- take what u get πŸ™‚
[14:59] r m: lol
[15:00] Shai C: Viren- 10190- 10220 spot is the top of a previous balance zone and a failure here sends it to 9890 in short time.
[15:01] Shai C: wow- 5049
[15:03] r m: poor 5100CE writers – from 8.4 million down to 4.6 million πŸ™‚
[15:05] Vicky M: 5100 PE 45+ πŸ™
[15:06] Vicky M: Shai is not letting it reduce
[15:06] Shai C: 5017 is next
[15:07] Shai C: failure there brings 4977 the big one
[15:08] r m: 3I day
[15:10] J C: i had caution in the morn…
[15:10] J C: said
[15:14] Vicky M: Shai can 4700 pe and 5300 ce be sold ? for august ? positional
[15:14] Vicky M: pair is 36
[15:16] Shai C: yes
[15:16] J C: vicky..sell it post 2 morrow….tat swud tke care of any rebound.
[15:17] J C: last five expiries, friday have been fry-days…
[15:19] Shai C: 40 point prem for the mkt to think about tom
[15:19] Shai C: 80 in BN
[15:19] Dr Bansal *: shai,there are untitled  NF
[15:19] Shai C: that's NF aug
[15:19] Dr Bansal *: ok
[15:20] Vicky M: thanks
[15:21] Dr Bansal *: bulls are paying premium.
[15:24] Shai C: yes
[15:24] Dr Bansal *: shai,market is closing and you will go away.
[15:25] Shai C: ?
[15:25] Vicky M: Shai Q2-NSF will be here πŸ™‚ after Shai N2-NSF
[15:26] Dr Bansal *: kindlly comment on buy call on crude oil today morning.
[15:26] Shai C: it needs to get abv 4972 quickly
[15:27] Dr Bansal *: you mean pr1.
[15:27] Shai C: pri and dpoc
[15:27] Shai C: sl is 4942 on lower side now
[15:28] Dr Bansal *: till than no buy.
[15:30] r m: Thanks & bye all, have a great evening πŸ™‚
[15:30] Shai C: Bye all
[15:31] Shai C: yes better buy is abv 4973