*** Shai **, Welcome to the Vtrender conference room!
[08:45] Pasi C: GM all
[08:49] J C: GM folks!!
[08:52] Vicky M: GM everyone 🙂
[08:53] r m: Good Morning folks!
[08:53] Pasi C: HI JC,vicky
[08:53] Pasi C: Hi rm
[08:53] r m: Hi Pasi, JC, Vicky 🙂
[08:53] Vicky M: Hi rm 🙂
[08:56] J C: HI Rm, Pasi:-)
[09:00] Sreeram N: Gm all
[09:00] Bipin N: GM foks
[09:00] r m: Hi SN, Bipin 🙂
[09:00] Sreeram N: Hi rm
[09:01] Sreeram N: I think lot has changed rm with charts
[09:03] r m: Yes SN, Shai keeps innovating 🙂
[09:04] r m: USD in a hurry to go soewhere
[09:04] Sreeram N: ya
[09:05] Shai C: GM all
[09:05] r m: Hi Shai 🙂
[09:06] Vicky M: GM Shai 🙂
[09:06] Sreeram N: Gm Shai
[09:07] Shai C: GM Vicky
[09:07] Pasi C: GM shai
[09:07] Shai C: GM Sreeram. Welcome back
[09:07] Sreeram N: Thanku
[09:07] Vicky M: Jai Sreeram 🙂
[09:08] Rahul Goel: Hello all GM
[09:08] Vicky M: Hi Rahul
[09:08] J C: Shai…pls post ysterday's chat…
[09:10] Rahul Goel: Hello vicky
[09:10] r m: Hi Rahul 🙂
[09:10] Rahul Goel: hello rm
[09:12] Shai C: JC, I forgot
[09:13] Shai C: goes in the bin at the close
[09:13] J C: cool
[09:14] Sreeram N: rm wat is that algo means
[09:14] Sreeram N: how should we read it
[09:14] r m: algo trade
[09:14] Pasi C: ALGO=all go
[09:15] Shai C: open is good
[09:15] Sreeram N: all go which way ??
[09:16] Pasi C: can u see ALGO at 5265 in NF @sreeram?
[09:16] r m: some high volume trades which occured in a very short span of time, direction is revealed only after some time 🙂
[09:16] Sreeram N: ya
[09:16] Sreeram N: k thanks pasi
[09:17] Pasi C: market opened up and ALGO says yes go
[09:17] Pasi C: but ignore open ALGO's sreeram
[09:17] Sreeram N: kk
[09:23] Pasi C: if ALGO's in both BN &NF move is more accurate@sreeram
[09:24] Shai C: 2 ref points in the IB hours are 5260 and 5280
[09:24] Shai C: yesterday 5262 was the algo and ref point which drove the mkt lower
[09:24] Shai C: 5280 is gap fill
[09:24] Shai C: sorry lower gap
[09:25] Kris 123: GM All 🙂
[09:25] r m: H Kris 🙂
[09:25] Kris 123: Did any one remember me for the 5300CE trade? 🙂
[09:25] Sreeram N: HI Kris
[09:26] Bipin N: yes Kris
[09:26] J C: @Kris…do u have ystrdy chat script…
[09:26] Bipin N: a 43
[09:26] Bipin N: at
[09:27] Kris 123: Hi Rm, SN, Bipin, JC 🙂
[09:27] Kris 123: @JC – it is posted at vtrender na?
[09:27] Kris 123: hmm.. looks Shai did not post it yesterday!
[09:27] J C: nope…shai forgot to save it ystrday…
[09:27] Kris 123: he did not even tell me 🙁
[09:28] Kris 123: I had it – till I logged out!
[09:28] J C: k…np
[09:28] Pasi C: what's that O abv D in NF shai?
[09:28] r m: Open drive (so far)
[09:29] Shai C: yes open drive
[09:29] Kris 123: GM Shai 🙂
[09:29] Sreeram N: Kris buy SL in nifty
[09:31] Kris 123: @SN – I bought some 5300CE between 40-43 yesterday at close – part booked now at 50 – and remaining I want to hold for some time.
[09:32] Sreeram N: No kris I want to know the SL for NF I want to buy it & thinking about OF
[09:33] Shai C: Buy only abv 5280
[09:33] Kris 123: well – we are trying to get into VAH – not a nice thing – suddenly NF might want to do 80%
[09:33] Sreeram N: kk Shai
[09:34] Shai C: sl will be 5260, tgt 5299/ 5320
[09:36] Shai C: 5276 was also the pre IIP high
[09:36] Shai C: hence but abv gap low point only makes sense
[09:36] Shai C: mkt can choose to rotate today in the range of yesterday
[09:37] Shai C: however globe is slightly bullish today after consecutive down days
[09:38] Rahul Goel: shai gap low point was 5280 yesterday
[09:39] Shai C: yes
[09:44] Shai C: Bn has started doing well…abv pdh now
[09:45] Shai C: 10782/ 10842 are the obj on any buy signal
[09:45] Kris 123: @Rm – yesterday when NF was closing – globe was bleeding – euro at the lows – es doing bad – I bought CE – thought Master would say good work 🙁
[09:45] Shai C: I did say Good work
[09:45] Shai C: 🙂
[09:45] r m: maybe your movement made the master supicious of a call from you know where 😀
[09:46] r m: *suspicious
[09:47] Rahul Goel: both buys comming at the same time
[09:47] Shai C: keep it abv 5281-82 only to be safe
[09:48] Kris 123: @Shai – when? I could not find it 🙁
[09:48] r m: @Kris, he did man, I am a witness 🙂
[09:48] Kris 123: today morning?
[09:48] r m: yesterday
[09:49] Kris 123: ok – now I understand why yesterday chat scripts are not posted at vtrener 🙁 :):)
[09:49] r m: lol
[09:49] Kris 123: *vtrender
[09:52] jiignesh -: GM all
[09:53] r m: @Vicky, have you tried Final tools for market profile?
[09:53] r m: Hi Jiignesh 🙂
[09:53] jiignesh -: hi r m
[09:53] Vicky M: @rm no i haven't.. 🙂 its on the same site?
[09:53] r m: http://www.fin-alg.com/index.php/products/53
[09:53] r m: 7 days free trial, it is extremely easy to us
[09:54] r m: USD250 one time cost
[09:54] jiignesh -: @shai any update for BN?
[09:54] Vicky M: @rm thanks
[09:55] r m: welcome, will redirect your thanks towards ST 🙂
[09:55] Vicky M: lol
[09:55] Shai C: BN can be held with SL at day low
[09:55] jiignesh -: buy with today's low sl
[09:55] Shai C: yes
[09:56] jiignesh -: ok
[09:56] jiignesh -: need gold-silver chart for 30 min
[09:58] jiignesh -: @shai
[10:01] Pasi C: MP chart:volumes will be accumulated to the existing blue bar if price reaches back to those(see the blue bar at 10700 )?@shai
[10:02] jiignesh -: @shai silver chart is mini
[10:02] jiignesh -: ???
[10:02] Shai C: no it's silver
[10:02] jiignesh -: then refresh data
[10:03] Shai C: Yes Pasi
[10:03] jiignesh -: prev day high was 53300 not 52300
[10:03] Rahul Goel: shai i think this is another contract for silver
[10:04] Shai C: let me check
[10:04] jiignesh -: prev day low was 52202 and high 53300
[10:04] Pasi C: 9:45 10:15 seems not extending the range
[10:07] Shai C: correct chart now
[10:07] jiignesh -: now correct
[10:07] Shai C: regret the confusion
[10:07] jiignesh -: 😀
[10:08] Rahul Goel: pasi wht does that suggest
[10:09] Pasi C: longs need not worry @Rahul
[10:12] jiignesh -: OH this BN
[10:12] Pasi C: another 3 min to IBL
[10:12] Pasi C: another 3 mins to IB
[10:14] Shai C: sign of worry in BN is only when VAH breaks
[10:15] jiignesh -: ok
[10:15] Pasi C: an ALGO is due in BN now to take up
[10:18] Deepak C : gm all, @shai, what is that faint grey line at 5272
[10:18] Pasi C: u have good eye sight Deepak 🙂
[10:20] Deepak C : chasma aa gaya hai pasi !
[10:21] Pasi C: 🙂
[10:22] r m: Hi Deepak :
[10:22] r m: 🙂
[10:22] Deepak C : hi rm
[10:31] Pasi C: any results on monday?@rm
[10:32] Shai C: deepak that's the min qulaification line for a bullish day. Still expirimenting hence not highlighted
[10:33] Pasi C: [09:36] Shai C: mkt can choose to rotate today in the range of yesterday
[10:34] Shai C: * qualification
[10:34] Pasi C: exiting BN longs due to big IB and we r at almost High of IB
[10:35] Shai C: Hmm Pasi- good thought process
[10:36] Pasi C: Thx shai
[10:39] Kris 123: @Shai – playing for 80% in NF is not correct?
[10:41] Sreeram N: Kris is u playing for 80% in NF
[10:42] Dr Bansal *: shai,NG chart.
[10:43] Kris 123: @SN – yes
[10:43] Sreeram N: Thanks Kris I am on ur side
[10:44] Sreeram N: my trgt poc
[10:45] Kris 123: @SN – adding a popcorn player on your side will not improve the weight on your side – please consider adding Shai/Janak etc. 🙂
[10:46] Sreeram N: they will add only when I exit to make a fast move
[10:46] Kris 123: I guess a quiet day unfolding.
[10:47] Kris 123: activity will come for weekend positioning I guess.
[10:47] r m: inflation numbers expected at 1200 hrs
[10:47] Deepak C : thnx for ur answer [10:32] Shai C: deepak that's the min qulaification line for a bullish day. Still expirimenting hence not highlighted
[10:53] Shai C: thanks RM
[10:53] Shai C: overlooked that one
[10:54] Shai C: those are Subbu's pets
[10:54] r m: 🙂
[10:54] Pasi C: anything from subbu disappoints markets
[10:57] Pasi C: shai can we have single prints record on daily basis
[10:59] Vicky M: i think 5266 to 5256 is single print
[11:02] r m: only up to 5261 has remained single print now, 5262 was printe in F bar
[11:02] Vicky M: @rm thanks
[11:02] r m: welcome
[11:04] r m: looked at it with a microscope, 5263 was the low of F bar 😀
[11:06] Vicky M: lol
[11:13] Shai C: http://www.vtrender.com/content/context
[11:13] Shai C: big seller in BN 10720
[11:15] Pasi C: where do u see that seller OF still green@shai
[11:15] Vicky M: @pasi 🙂 shai has x-ray eyes
[11:16] r m: 🙂
[11:16] Pasi C: 🙂
[11:28] Shai C: BN has covered yesterday's gap and NF below it
[11:35] Kris 123: [10:39] Kris 123: @Shai – playing for 80% in NF is not correct?
[11:35] Kris 123: with vwap band and poc near – let me cover part here – from 5275 – peanuts – but better than nothing – isnt it? 🙂
[11:36] Shai C: that 10720 guy will cover here 10690
[11:36] Pasi C: [11:15] Pasi C: where do u see that seller OF still green@shai
[11:37] Shai C: Pasi working back end with some variations of POC
[11:37] Shai C: dpoc had moved up at 10720, rest was to identify the kind of volume
[11:38] Pasi C: ok.But no big volumes at 10720!
[11:39] Shai C: check 1 min chart
[11:39] Shai C: also blue in the MP chart
[11:39] Shai C: the mkt has gone to locals now
[11:40] Shai C: OTF may come again nearer to the close
[11:40] Pasi C: ok
[11:45] Sreeram N: @Kris I got my popcorn now its turn off heavyweights like u
[11:56] Pasi C: BN buy call over or still valid?@shai
[11:57] Shai C: still valid
[11:57] Pasi C: ok
[11:58] Shai C: Buy came at 705, needs a bigger sl as it is swing trade
[11:58] Pasi C: ok
[11:58] Shai C: pp0 or day low is the right stop
[11:59] Shai C: Viren is recommending calendar spreads on twitter
[11:59] Shai C: with 2 weeks to go, calndar spreads are a great time eating tool with risk covered
[12:00] Shai C: work well in low to moderately volatile mkts
[12:01] Shai C: a 5300 put expiring near 5300 should give a 50 % return
[12:01] Shai C: same way a 5200 call can also give about 50
[12:02] Shai C: I mentioned yesterday that if the mkt does not close abv 5299, we are looking at a 5180- 5280 range for a few days
[12:03] Pasi C: if the mkt does not close abv 5299 yesterday/today?
[12:05] Shai C: then the mkt just goes to increase the value area
[12:06] Shai C: in other words tries to balance in other regions
[12:14] r m: all silent on inflation front, maybe govt has banished inflation 🙂
[12:16] Pasi C: how come rm
[12:16] r m: no news about it na 🙂
[12:17] Pasi C: how come they banish
[12:17] r m: just joking
[12:17] Pasi C: ok
[12:38] Jiignesh -: shai BN ko thoda push karo
[12:39] Jiignesh -: if short comes on flat OF then that wil be dengerous
[12:41] J C: June trade defcit at $10.3bn …down from 414-15bn…pos for rs
[12:42] J C: $14-15bn
[12:59] Shai C: the seller is strying to show up on this rise in Bn again
[13:08] Shai C: 140 contracts sold at 10730
[13:08] Shai C: short covering will bring 10780 in a jiffy
[13:09] Shai C: the initiative buyer seen at the open is considered stronger than this responsive seller
[13:09] Shai C: If he steps up now, then this seller will close
[13:12] Pasi C: ok seller showing
[13:16] Jiignesh -: ye 730-35 pe kon betha he
[13:19] Shai C: is big no doubt
[13:19] Jiignesh -: thats y i told u to push
[13:20] Vicky M: @shai let me know when i have to move from 10730 :p
[13:20] Shai C: 140 contracts on this one
[13:20] Shai C: Oh Vicky so it is you!. My world is becoming smaller
[13:20] Pasi C: dumb question: even a retailer can sell 140 contracts shai
[13:20] Jiignesh -: @vicky ye galat he yaar 2paise hame bhi milne chahiye
[13:20] r m: lol
[13:21] Vicky M: lol
[13:21] Shai C: Yes pasi 140 contracts would require about 40 lakhs of capital
[13:22] Pasi C: 🙂
[13:22] Jiignesh -: so pasi is trading 140 contract its no more secret
[13:22] Pasi C: then its a big order
[13:22] Pasi C: lol not even 4% of that Jiignesh
[13:23] Jiignesh -: lol
[13:23] Pasi C: JG must be
[13:23] Jiignesh -: kya baat he
[13:23] Shai C: Retail will not put so much at stake in one trade
[13:23] Jiignesh -: i never dream that big
[13:24] Pasi C: why we didnt get ALGO on that seller shai
[13:24] Shai C: if you are off by 50 points, the loss can be 5%
[13:24] Jiignesh -: thats not true shai, some retaiers do
[13:24] Shai C: yes Jiignesh HNI's do
[13:24] Shai C: Pasi, algos are bigger
[13:25] Jiignesh -: and profit will be also 5% na
[13:25] Shai C: this guy is covering near vwap/ pdh
[13:25] Vicky M: algos are like 200 lots in nifty ?
[13:25] Jiignesh -: 200??? thats nit
[13:26] Jiignesh -: not bug
[13:26] Vicky M: 10000 = 200 lots
[13:26] Shai C: yes about 200
[13:26] Vicky M: at 5247 its about 200 lots i guess
[13:26] Shai C: but we note the speed of the exceution
[13:27] Shai C: It's a computer program which will sweep all the bids or the asks there
[13:27] Jiignesh -: only 200??? shai believe me 100lot is common
[13:27] Shai C: yes I know
[13:27] Jiignesh -: in my fri group 4-5 traders are regular 100lot trader
[13:28] Pasi C: what is fri group Jiigs
[13:28] Jiignesh -: friends
[13:28] Pasi C: oh ok 🙂
[13:28] Jiignesh -: 🙂
[13:28] Shai C: There are traders in this room who do 10,000 lot size in options. They are the quite types
[13:29] Jiignesh -: yes u told me once
[13:29] Shai C: see that guys how he is playing the thin mkt
[13:29] Shai C: covered near vwap and back
[13:30] Jiignesh -: big FII the great kris is also in room
[13:30] Pasi C: ok now buying@10740 sl vawap-10
[13:30] Jiignesh -: good pasi
[13:31] Jiignesh -: give me 10810 baki aap rakh le na
[13:31] Shai C: now Bn can go up as USDINR down
[13:31] Jiignesh -: OMG inr bleeding
[13:32] r m: not INR Jiignesh, the blood is from USD 🙂
[13:32] Jiignesh -: oh r m thanks
[13:32] Jiignesh -: i wrote oppo
[13:33] Jiignesh -: @vicky hat jao aab hamari savari aa rahi heeee
[13:33] Pasi C: if one bought @ vwap that must be a good trade
[13:34] Jiignesh -: that one is only KRIS
[13:35] Pasi C: 🙂
[13:35] Jiignesh -: bye all
[13:35] Jiignesh -: see u later
[13:36] r m: bye
[13:36] Rahul Goel: shai can u adjust the crude chart not able to see the buyer and seller
[13:37] Rahul Goel: hmm thanks
[13:39] Pasi C: ok bought at 713 now will add abv 730
[13:45] Pasi C: yellow line protected
[13:46] Pasi C: may be buyer hesitating since its friday
[13:54] Vicky M: Friday the 13th 🙂
[13:56] r m: lol
[13:58] Pasi C: [13:54] Vicky M: Friday the 13th 🙂 what is this
[13:58] Vicky M: todays date and day
[13:58] r m: 😀
[13:59] Pasi C: why its imp
[13:59] r m: NF did 80% at last
[14:00] r m: @Pasi, Fridays know for upheavals and 13th is an unlucky number in west 🙂
[14:00] r m: *known
[14:00] Dr Bansal *: Rahul,crude have resistance at $89 and immediate supp. at $84.
[14:01] Sreeram N: were is Kris ?? I think again bottomfishing Kris
[14:01] Pasi C: ok even pie means same so
[14:01] Sreeram N: Krish
[14:02] r m: @SN, guess he is not in the room, but he was planning to buy at PDL
[14:03] Sreeram N: were is PDL ??
[14:03] r m: 5229
[14:03] Sreeram N: kk
[14:03] Sreeram N: thanks rm
[14:03] Rahul Goel: yes DR
[14:03] r m: welcome
[14:03] Sreeram N: I bought one lot at ppo
[14:03] Rahul Goel: I feel it s trading in 4820 and 4700 band
[14:04] Sreeram N: & I will buy second @ PDL
[14:04] Rahul Goel: once above 4820 should move upto 4900
[14:07] Jiignesh -: shai what was sl of BN day low?
[14:07] Shai C: yes
[14:07] Jiignesh -: sucking nlood
[14:07] Jiignesh -: blood
[14:08] Shai C: yes
[14:08] r m: 2ib
[14:08] Jiignesh -: omg
[14:08] Jiignesh -: falling knife
[14:09] Dr Bansal *: breakout above 89 dollars take crude to 100 dollars.
[14:10] Jiignesh -: @dr petrol 100 karaaoge kya?
[14:11] Dr Bansal *: iran factor is always there.
[14:11] Shai C: hdfc news
[14:11] Jiignesh -: what
[14:12] Bipin N: whats the news Shai
[14:12] Jiignesh -: result !
[14:12] Shai C: HDFC Bank 1Q Net Profit INR14.17 Bln
[14:13] Shai C: 5228 hit
[14:13] Jiignesh -: plz no more bounce
[14:14] Dr Bansal *: nifty sell signal coming.
[14:14] Jiignesh -: BN sell at bottom
[14:14] Jiignesh -: 🙂
[14:20] Jiignesh -: look at inf
[14:20] Jiignesh -: 'inr
[14:30] Vicky M: looks like 5228 will hold
[14:35] Shai C: 10600 algo
[14:36] Sreeram N: Shai can we sell Nifty or any sell below level
[14:36] Shai C: sell below is 5225 now
[14:36] Sreeram N: k
[14:38] Vicky M: Shai back in Vwap, and above PDL? may touch iBLOW again?
[14:39] Shai C: abv IB;low gives a chance for vwap again
[14:40] Shai C: action is still contained within yesterday's range
[14:41] Vicky M: [14:30] Vicky M: looks like 5228 will hold
[14:41] Shai C: 🙂
[14:41] Vicky M: though i didnt make any popcorns lol
[14:41] J C: 🙂
[14:43] Shai C: Only Kris has a liking for popcorn, I would prefer the salted nuts instead
[14:44] Vicky M: lol
[14:44] r m: 🙂
[14:44] Sreeram N: Shai Kris want everything from popcorn to buffet
[14:46] Vicky M: BNF IB trade?
[14:47] Shai C: yes
[14:47] Shai C: that algo at 10600 doing the trick
[14:47] Vicky M: bnf vwap shud give resistance cos by that time nifty iblow will reach(which will give res)
[14:48] Vicky M: probably a buy algo ?
[15:07] r m: merged profiles of last five weeks – courtesy trial period Final tools 🙂 https://docs.google.com/open?id=0B8e3dtbFwQWUVk1DSkR4aVhMOWs
[15:08] Shai C: Really nice RM
[15:08] r m: Thanks Shai
[15:08] J C: grt stuff rm…
[15:08] Shai C: and the data is from your ODIN
[15:08] r m: Thanks JC
[15:08] Vicky M: great rm
[15:08] r m: yes, data is from IIFL TT
[15:09] Shai C: super
[15:10] Sreeram N: rocking rm
[15:11] J C: rm..u r the beehive of data mining:-)
[15:11] r m: lol
[15:12] r m: @Shai, looking at the profiles, it appears that we may pay a fleeing visit to 5150-5180 area too?
[15:12] r m: to balance the week beginning 25th June I mean
[15:15] Shai C: yes that's the possibility I was discussing with ST yesterday
[15:15] r m: ok, thanks
[15:15] Shai C: an auction in the low volume 5180- 5280 zone
[15:15] Shai C: as 5200 has more time premium now
[15:18] Sreeram N: Shai wat can be monday's opening ??
[15:19] Shai C: slightly up from here is what I feel now
[15:19] Sreeram N: k can take any NF overnight
[15:19] Shai C: don't be very short as POC is up on this move down
[15:20] Sreeram N: long
[15:20] Shai C: not recommending
[15:20] Sreeram N: k
[15:22] Vicky M: BNF IB trade again ?
[15:25] J C: rs took quite a dip on tat trade deficit data…made a neat 35p…
[15:25] Shai C: cool
[15:25] J C: yup..tx
[15:25] Vicky M: Natural gas movement is weird
[15:28] Shai C: yesterday there was a big drop in nat gas
[15:28] Rahul Goel: yes vicky
[15:28] Rahul Goel: i have been caught ont he wrong side twice yesterday
[15:29] Rahul Goel: and movement is very fast
[15:29] Rahul Goel: had*
[15:30] Pasi C: bye all .Happy weekend
[15:30] Vicky M: bye all have a great weekend
[15:30] Shai C: 5240/ 10617
[15:30] Pasi C: 10617/5240
[15:30] Shai C: bye all
[15:30] r m: Thanks and bye all, have a great weekend 🙂
[15:30] J C: bye folks!!
[15:30] Rahul Goel: bye all
[15:31] Shai C: Have a great weekend all
[15:31] Sreeram N: Bye all
.
