Trading Room Today

[08:56] r m: Good Morning folks!
[08:58] Shai C: GM all
[09:03] jitender chhabra: GM Shai, Rm, friends !!!
[09:04] r m: Hi JC 🙂
[09:07] Shai C: 5081- 5097 band imp for the seller of yesterday to maintain
[09:12] Shai C: usdINR showing buying efforts at 55.65 since 3 days
[09:13] Shai C: repeated attcks at that levels may weaken it
[09:13] jitender chhabra: is usdinr a fresh sell at current price ?
*** Kris 123, Welcome to the Vtrender conference room!
[09:14] Shai C: Banknifty view updated – http://www.vtrender.com/content/banknifty-profile-check
[09:14] jitender chhabra: k…tx
[09:14] Kris 123: Good Morning All 🙂
[09:16] r m: GM Kris 🙂
[09:17] r m: Looks like the guy on FII derivative update duty in NSE is on holidays 🙂
[09:17] Kris 123: [15:27] Kris 123: I am not liking the movement below 5060 – so I am carrying some 5100CE at 70!
[09:18] r m: good thinking Kris 🙂
[09:18] Kris 123: now trailing at 85 and 82
[09:19] Kris 123: Gm Rm 🙂
[09:21] Kris 123: booked some at 90 – and remaining holding with 85 tsl.
[09:23] r m: congrats, chela also traded peanuts 5200CE 38-45 😀
[09:24] Kris 123: good work!
[09:24] r m: Thanks
[09:24] Kris 123: btw, datasheet is updated now!
[09:25] r m: where did you get the FII data?
[09:25] Kris 123: nseindia.com
[09:25] Kris 123: 🙂
[09:26] r m: but i was not getting the link
[09:26] r m: favoritism by NSE 🙂
[09:26] Kris 123: hmm… looks another 3I day in the making – the O at the bottom of NF looks threatening 🙂
[09:27] r m: Looking at OI (FII and total), it appeared to be just profit booking yesterday
[09:28] Kris 123: yes!
[09:31] r m: @Kris, please give me the direct FII derivatives link again, I don't have that and NSE link was not updated yesterday
[09:31] Kris 123: http://nseindia.com/content/fo/fii_stats_14-Jun-2012.xls
[09:31] r m: thanks
[09:31] Kris 123: start using the same link – and keep changing the date
[09:31] Kris 123: 🙂
[09:33] r m: yes, used to do that earlier,but being naturally lazy shifted to NSE link which appears only when FII data is updated 🙂
[09:34] Ravi Vrindavan: goodmorning rm, kris
[09:34] r m: Hi Ravi
[09:34] Kris 123: Shai yesterday was referring to 5101 is an important point is it?
[09:34] Kris 123: Hi Ravi 🙂
[09:35] Pasi C: GM all
[09:35] r m: @Kris, [09:07] Shai C: 5081- 5097 band imp for the seller of yesterday to maintain
[09:37] Kris 123: we are at par with the algo yesterday at 5085
[09:37] Kris 123: but I do think they have covered quickly at 5051
[09:38] Shai C: yesterday POC moved down quickly at the close
[09:38] Shai C: BN is still weak
[09:39] Kris 123: @Shai – is this OAIR?
[09:40] Shai C: yes
[09:40] Kris 123: ok – let me try – 9908 buy in BN
[09:41] Shai C: looks like a roatating type of day
[09:42] Shai C: a move abv 5097 will put us back in the balance zone targetting 5120/ 5134 again
[09:42] Kris 123: should be – for most of the day – and … Fry Day in the afternoon!
[09:42] r m: @Shai, tos please 🙂
[09:43] jitender chhabra: Greek elec is on Sunday. Wat time mon wud the results b out ?
[09:44] Shai C: exit polls should be out by 9.30/ 10.00 pm
[09:44] jitender chhabra: sun nite…
[09:44] Shai C: sure RM
[09:44] Shai C: expiry day in ES tonight
[09:44] r m: ok
[09:44] jitender chhabra: tx shai…
[09:49] Shai C: euro abv 1.2626 ahead of those polls
[09:50] Pasi C: Jagan sweeping AP bye polls.people addicted to ill gooten money.see how the r supporting a person who is injail
[09:50] Ravi Vrindavan: rm…whats the position now on yesterdays usdinr of?
[09:50] Kris 123: @Shai – with low vix, do you think it will be useful to write 5100CE+PE?
[09:51] r m: @Ravi, that has whipsawed, today OF is on sell @ 55.7125, though the system generating  tweets is still long it seems
[09:52] Pasi C: bn sell
[09:54] Pasi C: take bn sell?@shai
[09:56] Shai C: if you are long keep sl at 9870
[09:56] Pasi C: ok
[09:56] Shai C: new sell below 9870
[09:56] Pasi C: sl for shorts?
[09:57] Shai C: there will be some nervous energy today ahead of the weekend
[09:57] Shai C: IBH now
[09:57] Pasi C: ok
[09:57] Shai C: expect some speculative posturing as well as pressure on existing positions
[09:58] Kris 123: @Shai – confusion is – what are existing positions? 🙁
[09:58] Shai C: can't see a big volume day as most people will refrain from big exposure
[09:59] Shai C: Kris some strong longs and some new shorts from 5120/ 40
[09:59] Pasi C: ooooooooooooh  screwed up
[10:00] Kris 123: @Shai – you mean to say we move between 5140 and 5060 today!
[10:01] Kris 123: [09:40] Kris 123: ok – let me try – 9908 buy in BN
[10:01] Kris 123: will trail now at 9923 vwap!
[10:01] Kris 123: 15 points are one cup full of popcorns for me! – even if someone laughs at! 🙂
[10:02] Shai C: some data issues- please follow alerts from twitter
[10:04] Rajkumar S: shai  , in  chart  bn  buy  ,  in  tweetdeck  buy,  which  one  we  have  to  follow?
[10:04] Rajkumar S: sorry  in  chart  bn  in  sell
[10:04] Pasi C: [10:02] Shai C: some data issues- please follow alerts from twitter
[10:04] Pasi C: raj foolw that message
[10:05] Ravi Vrindavan: sms late
[10:05] Rajkumar S: ok
[10:06] Shai C: always follow twitter
[10:06] Shai C: longs look to be in command now
[10:07] Kris 123: ok – 30 points enough for 50%
[10:07] Kris 123: remaining still below vwap.
[10:08] Shai C: we will buy a break above IBH now
[10:08] Shai C: sl would be 5080 for the day
[10:13] jiignesh -: GM all
[10:13] Shai C: GM Jiignesh
[10:14] jiignesh -: @shai, airtel running 1-2 hour late and now today RIL 40 min late, facing big problem, any solution…or alt?
[10:14] Shai C: I know twitter is slowing down in the mornings
[10:15] Shai C: speed becomes alright when US opens after 4
[10:15] jiignesh -: sabi jagah US rules?
[10:15] r m: @jiignesh,  shubh prabhat 🙂
[10:15] jiignesh -: i think this is first time Ril sms r late
[10:16] jiignesh -: @r m, shubh prabhat
[10:18] jiignesh -: @shai getting back on track, now 17min late only
[10:18] Ravi Vrindavan: rm…any position in usdinr
[10:19] r m: short as per OF 🙂
[10:20] jiignesh -: @shai, plz post gold-silver's chart on wednesday morning
[10:20] Ravi Vrindavan: ok rm…didnt saw that msg
[10:20] Shai C: sell below 55.64 tgt 55.50, sl 55.74
[10:21] Shai C: Ok Jiignesh
[10:21] r m: @Ravi, V2OF Sell USDINR @ 55.7025 at 10:09:27
[10:21] Shai C: I'll be positing more of MP charts in commos beginning next week
[10:21] r m: will sell more below 55.64
[10:22] Ravi Vrindavan: thanks rm
[10:22] jiignesh -: that will be very good, i am expecting wildish movement in commo specially PM, so
[10:24] Ravi Vrindavan: rm …sl @ 55.77?
[10:24] r m: @Ravi, for OF i follow OF signals only, for Shai's calls his SL 🙂
[10:24] jiignesh -: ok bye all
[10:25] r m: [10:20] Shai C: sell below 55.64 tgt 55.50, sl 55.74
[10:30] Ravi Vrindavan: ok rm
[10:59] Shai **: 9967 is yesterday's big seller in BN
[11:06] Shai **: Nf playing out in the 5081-97 band a neutral zone
[11:06] Shai **: below 5080 chances of seeing yesterday's low increase
[11:06] Shai **: above 5099 we get back into the balance zone and tagt 5134 again
[11:06] Shai **: *target
[11:08] Shai **: today's OI picture is opp of yesterday at the 5100 strike
[11:09] Shai **: 5100 PE adding today, but yesterday's 5100 Ce not reducing yet
[11:09] Shai **: that's why if we get a move above IBhigh, we can see some unwinding
[11:12] Shai **: Be patient- let the market come to you
[11:13] Shai **: unless you can trade quickly these 10 point swings on offer
[11:17] Shai **: USDINR putting a bounce from 55.66 today again
[11:36] Shai C: algos 9965 again
[11:36] Shai C: NF at 5104
[11:44] Shai C: that sudden burst of volume was what?
[11:51] Kris 123: back
[11:52] Kris 123: any idea what happened at those 5105-5110 zone?
[11:52] Kris 123: Shai – did your friends get any advance intimation? 🙂
[11:52] r m: a burst of ticks above 20000 volume
[12:00] Shai C: treacherous afternoon for currencies- USD back at 82 and Euro just abv 1.2626
[12:00] Shai C: should send USDINR lower
[12:02] Shai C: at times like these I need a more better data provider
[12:02] Shai C: can't make out aboput those algos
[12:03] Shai C: though I feel that they were basket buy orders in stocks
[12:04] Shai C: you have to scal though the likes of icici/ ril/ sbi/ hindalso/ l&t etc to pick up the thread
[12:05] Shai C: see that on the charts?
[12:05] r m: yes
[12:06] Shai C: that one in the BN
[12:07] Shai C: about 2000 contarts there
[12:07] r m: IIFL tick list is showing one at 11:35:31 with volume 155600 in NF
[12:09] Shai C: u saw that on your trading platform?
[12:09] r m: yes
[12:09] r m: though I don't trade on that, just to see ticks 🙂
[12:10] r m: ICICI and USDINR moving in same direction
[12:11] r m: 12:08:54 5111 95150
[12:12] Shai C: intra longs have to book here at 5118- 5120
[12:14] Shai C: 5120 is the HVN for the rise
[12:17] Shai C: a sell below 55.75 should bring 55.66 again
[12:17] Shai C: sl 55.84 poc
[12:18] Shai C: 5119 intra high so far
[12:19] Shai C: another 15- 20 points if we cross 5121 now
[12:19] Shai C: only if we cross
[12:25] Kris 123: moment of truth for the algos – another 5 point loss in NF should bring 5060 again! 🙂
[12:31] Shai C: BN below vah when NF tries to move higher abv vah
[12:31] Shai C: whose the boss?
[12:31] Kris 123: @Shai – you mean the truth has already arrived with the leader leading it? 🙂
[12:32] Shai C: No. was expecting a rejection at 5120 on first touch
[12:32] Shai C: will buy bn abv 9996 for 10060
[12:38] Shai C: 9965 is agin imp in BN now
[12:38] Shai C: 5100 ce is reducing now
[12:39] Shai C: euro 1.2626
[12:43] Shai C: europe's open is always messy
[12:43] Shai C: green becomes red and red become green!
[12:43] Shai C: likely to touch vwap – NF
[12:55] r m: charts stuck
[12:56] Shai C: yes
[12:56] Shai C: working on it
[12:56] r m: Thanks
[12:59] Ravi Vrindavan: rm..nifty with usd inr is a good idea…not worked….feel so
[13:02] r m: usdinr is in a range  these days 55.5 – 56.10, OF will continue to give pain within this range
[13:08] J C: shai pls shift the tos scr little higher…tx
[13:12] Kris 123: so -do we get the 5th 3IB day for the week? 🙂
[14:08] r m: vol 183900 @ 5134.80 2:08:10
[14:10] Shai **: Thanks RM very usefull
[14:18] Shai C: pdh
[14:22] Shai C: NF at week highs, but BN is still off by about 100
[14:23] Shai C: also spot is away from week highs
[14:28] Shai C: kris wants a 3IB day?
[14:30] r m: yeah 🙂
[14:31] r m: we are almost there
[14:36] Shai C: 3IB
[14:36] Shai C: charts up?
[14:36] r m: yes
[15:04] Shai C: big move in NF from below balnce to above balance
[15:05] Shai C: -1 sigma to + 1 sigma
[15:05] Shai C: extended here on a 3I day again on Mon
[15:05] Shai C: at some stage I expect the 3 I formula to fail, but has been remarkable all week
[15:05] Shai C: as the mkt has gone up/ down
[15:07] Shai C: Mon open is very risky and we are at bottom of the aprl bala zone
[15:07] Shai C: that had lows at 5155- 5165
[15:07] Shai C: a trip through that bal area can bring 5365 quickly
[15:08] Shai C: but a news driven move can see rejection too
[15:08] Shai C: risk is in the news as mkt is on an uptrend
[15:08] Shai C: first greece, then RBI
[15:19] Kris 123: @Shai – your 3IB is here – congrats :):)
[15:20] Rajkumar S: shai   sir   if  i   remove  my  mobile  no  from  twitter,  it  will  affect  my  tweetdeck account  or  not?
[15:21] r m: it will not
[15:21] Rajkumar S: rm  thanks
[15:21] r m: @Kris, looks like you want 4IB today 🙂
[15:23] Pasi C: it wont Raj
[15:25] Shai C: mkt puts everyone in a soup by closing here
[15:26] r m: spot has not touched 5150
[15:26] Shai C: @ Kris the day you do not talk popcorn, the mkt trends
[15:26] r m: lol
[15:26] Shai C: I mentioned it as an indicator yesterday
[15:26] Shai C: dpoc goes higher
[15:27] Shai C: eod / end of week positioning
[15:27] Shai C: all the dealers would be on phone calls now :0
[15:28] Shai C: yesterday's close had the dpoc move lower in last 5 mins
[15:29] Shai C: if one is long hedge other wise book out and play safe
[15:29] Shai C: monday afternoon post RBI we may get a good direction
[15:30] r m: Thanks Shai, bye all, have a great weekend 🙂
[15:31] Shai C: 5141/ 10053
[15:31] Shai C: Bye all
[15:31] Pasi C: Bye all
[15:31] Pasi C: happy weekend
[15:31] Shai C: Happy weekend