General Chat Transcript
Room Name: Vtrender
Date and Time: April 22, 2013 09:16:57
[08:50] Dushyant : gm all 🙂
[08:51] r m : Good Morning folks!
[08:51] r m : Results today: MindTree, Persistent, CairnIndia, Mahindra Lifespace,UltraTech Cement
[08:52] Dushyant : hi rm …gm
[08:52] r m : Hi Dushyant 🙂
[08:53] Sumit : GM all
[08:53] Dushyant : last two days cumulative delta values pls…rm
[08:54] r m : Participant data updated for 18th, FII covered a bit in index futures, increased the index CE longs, no significant change in index PE and stock futures
[08:54] Pasi C : GM all
[08:54] Pasi C : Hi rm Dshynt
[08:54] r m : @Dushyant, we have to check that with Shai, those values are from his Investor RT charts
[08:54] r m : Hi Pasi
[08:55] Dushyant : ok
[08:55] Dushyant : hi pc..sumit
[08:57] Pasi C : taken puts on thu 🙁 rm
[09:00] r m : Yes Pasi
[09:00] Pasi C : All my co-Bears missing now 🙁
[09:00] r m : 🙂
[09:24] Vikas : Hi gm.
[09:25] Vikas : the prices aren't moving?
[09:26] Arun Madan : Is charts updating?
[09:26] Pasi C : all our dreams got shattered by this up move
[09:30] Shai C : test
[09:33] Shai C : charts up now?
[09:33] r m : Yes Shai, thanks
[09:33] Arun Madan : yes
[09:34] Vikas : gm shai. yes now working.
[09:34] Shai C : OAOR type open
[09:35] Vikas : any known ref point where to look for dir.?
[09:35] Pasi C : PE Sl?@Shai
[09:35] Shai C : makt weak today only below pdh
[09:36] Shai C : Pasi day high + 3
[09:37] Shai C : for 5800 pe
[09:37] Pasi C : ok
[09:37] Vikas : ok. thanks.
[09:38] Shai C : BNf will do 12504
[09:38] Shai C : NF likely to be quite
[09:40] Arun Madan : BNF DONE
[09:40] Arun Madan : bnf WR IT WILL stop?
[09:41] Vikas : 12504 done.
[09:42] Pasi C : If this trend sustain today 5910 on cards
[09:43] Shai C : 12440 supp in BNF
[09:49] Shai C : Buy a 12700 CE in BNF if we break IBH today
[09:49] Shai C : for april
[09:49] Shai C : tgt 12740 before expiry
[09:49] r m : Thanks Shai
[09:49] Shai C : spot price
[09:50] Shai C : If we close abv 5774 today , buy a 5800 ce april
[09:50] Shai C : tgt 5910, sl 5774 on a 30 min closing basis
[10:00] Vikas : without any delta changes nf creeping up!
[10:01] Shai C : delta is bigger in may
[10:02] Dushyant : delta changes in may
[10:02] Vikas : where do we see may chart?
[10:02] r m : ground floor 🙂
[10:03] Vikas : u mean at ur end:) ?
[10:04] r m : no, here only
[10:04] r m : just below april charts!
[10:05] Vikas : oh..i thought this was for sbi,ril
[10:05] Vikas : ok. thanks.
[10:05] Vikas : 🙂
[10:36] Dushyant : shai ..vix view?
[10:49] Vikas : is it a sell, its going below pdh?
[10:52] Shai C : was test for buyers
[10:52] Shai C : Keep a sell below 5794 for 5783/ 5774, sl 5806
[10:53] Shai C : Dushyant Vix is moving the 15- 17.5 range
[10:53] Dushyant : ok shai..:)
[10:54] Shai C : up huge today
[10:54] Dushyant : hmm
[10:55] Shai C : there could be a mid week dip in vix but it should go to 19 by 1st may
[10:55] Dushyant : oh
[10:56] Shai C : remember BNF is a buy only abv IBH
[10:56] Shai C : sustaining vwap for now
[10:56] Shai C : has come up 1500 points
[10:56] Shai C : view stays the same- (09:43) Shai C:12440 supp in BNF
[10:57] Shai C : (09:49) Shai C:Buy a 12700 CE in BNF if we break IBH today
[10:58] Shai C : still an OAOR
[10:58] Shai C : 2 moves still possible later in the day
[10:58] Shai C : maintain day high as SL for shorts if carrying from friday
[11:01] Shai C : A break of 12440 can bring 12294 but SL is still at 12504
[11:01] Shai C : (cannot trade BNF with small stops any longer)
[11:04] Shai C : 5783 possible now
[11:15] Shai C : Lots of longs clsoing off in BNF
[11:29] Shai C : all came back in May
[11:29] Dushyant : buy in bnf?
[11:29] Shai C : keep it abv 532
[11:46] Shai C : If you want to trade long in BNF shift to the May contract
[11:46] Shai C : Intra and positional in futures
[12:21] Shai : test
[12:21] Shai : europe to open in 9 mins
[12:22] r m : no charts
[12:22] Shai : Thanks RM- will rectify that
[12:23] r m : back
[12:24] Shai : charts back
[12:24] Shai : Delta BNF seems to suggest a closure in apr and longs moving to may
[12:25] Sumit : same in NF?
[12:26] Shai : Longs in May for certain
[12:29] Shai : Looks like a neutral day in NF
[12:29] Shai : with a move abv IBH to confirm
[12:29] Shai : watch dpoc and the possibility of neutral extreme
[12:30] Shai : BNF tgt 12714 from here in May
[12:31] Shai : May fut
[14:18] Shai : BNF has been volatile again
[14:18] Shai : can't be traded any longer with small stops
[14:19] Shai : alternative is to use OTM options if view is good
[14:20] Shai : Profile is balanced in NF and a P in BNF
[14:20] Shai : BNF again shows single prints at the base
[14:23] Shai : Using 12320 spot as a swing sl one can target 12744/ 12944 as a tgt in may
[14:24] Shai : current profile will look to close the day at vwap /dpoc
[14:36] Shai : BNF
[14:48] Vikas : charts?
[14:50] Shai : charts back
[14:56] Shai : NF may wants to go higher
[15:03] Shai : 5800 ce is currently at 50
[15:03] Shai : should go to 110. one can take it here and add above 5862 spot also tom
[15:04] Shai : sl can be maintained at 5790 spot for this 5800 ce
[15:30] Shai : Fairly big candle at the close in NF
[15:31] r m : Thanks and bye all, have a great evening 🙂
[15:31] Shai : Bye all
[15:31] Shai : MCX traders move to the right
[15:31] Dushyant : bye all
[15:36] Shai : @Dushyant there was an error in the delta updates
[15:36] Shai : We will update fresh for next series