chat box 16/11

[09:50] r m: if you can't see delta either, then you will have to manage without it 🙂
[09:50] Pasi C: oh ya
[09:50] Shai C: can u see my arrows now?
[09:50] Pasi C: yes Shai
[09:51] Shai C: cool 🙂
[09:51] Pasi C: but cmp is not there na
[09:51] Shai C: cmp is the cl value
[09:51] Pasi C: ok
[09:52] Shai C: it will be green or red depending on the tick
[09:52] r m: CL is cmp
[09:52] Pasi C: ok
[09:54] Janak G: "da shai code" ;
[09:55] Janak G: X2, CL, MP, OP, LO, CH, IB, VAL….
[09:55] r m: CL is close, which for today can only be CMP 🙂
[09:56] Janak G: chief minister of pune ;
[09:56] r m: lol
[09:56] Shai C: lol 🙂
[09:57] Janak G: bn has been buy on dips since this morning
[09:57] Shai C: mkt has a positive ring to it today
[09:57] Janak G: 20-30-40 pts trades ample
[09:57] Shai C: NF just trying to break vah
[09:57] Janak G: this diwali is trend-chance – there will be a rally
[09:58] Janak G: change
[10:08] Janak G: frozen
[10:13] Shai C: ?
*** Shai **, Welcome to the Vtrender conference room!
[10:20] Rahul G: shai any advice on USD inr
[10:20] Rahul G: GM all
[10:20] r m: Hi Rahul 🙂
[10:21] Shai C: USDINR is long with strict sl at 54.82
[10:21] Shai C: tgt would be 55.34/ 55.55
[10:21] Shai C: rather buy on dips with sl at 54.82
[10:21] Rahul G: oops I was thinking the other way round 😀
[10:22] Rahul G: wh is it like this always
[10:22] Shai C: I mentioned 54.87 as an imp level yesterday
[10:22] Rahul G: 🙂
[10:22] Shai C: shorts only below that
[10:22] Rahul G: okay shai will wait for a dip to buuy
[10:22] Shai C: as it was a prev bala areas
[10:22] Shai C: you can short higher near 54.30
[10:22] Shai C: *55.30
[10:28] Rahul G: shai when will be a good buy in BN
[10:28] Rahul G: above PDH
[10:28] Rahul G: since tht will be above PP0,PDH and IB high
[10:41] Shai C: Yes abv pdh is good
[10:42] Shai C: Rahul, I've mentioned 11540 as a good level to watch on the spot
[10:42] Shai C: 11537 is the high
[10:42] Shai C: sustaining abv will be positive and good risk/ reward
[10:44] Rahul G: okay shai sorry missed to see the previous messages
[10:44] Rahul G: will check it next time
[10:51] Shai C: I will start putting messages on vtrender every day
[10:51] Shai C: yesterday's chat is up on blog
[10:52] Dr B: shai,what is SL and Tgt for BN now long.?
[10:52] Pasi C: friday may not help bulls
[10:53] Shai C: Dr new longs or planning to enter
[10:54] Shai C: mkts just about holding vah , we need to see a convincing move up still abv value for longs
[10:55] Shai C: if you tk a long above 11540 spot, then sl is 11465 and tgt 11665 all spot levels
[10:56] Shai C: we will do a lot more work with spot prices heron as the fluctautaions in premiums are affecting levels
[10:56] Shai C: *hereon
[10:57] Shai C: *fluctuations**
[10:57] r m: wish there was some way to calculate intraday volumes in spot, they are available on TAME but only as chart
[10:58] Shai C: they are availble intra?
[10:58] r m: yes as a delayed chart
[10:59] Shai C: esignal will just show a 0
[10:59] r m: yes, they have to be calculated every minute from all nse stock volumes
[10:59] r m: nse is doing that on its tame charts and displaying
[11:00] Shai C: prem now 11
[11:01] Shai C: bn it is 32
[11:01] Rahul G: shai can u show silver charts need to see if it is above vwap or below
[11:05] Shai C: sure
[11:07] Rahul G: thanks
[11:07] Pasi C: oops
[11:08] Pasi C: sl below 5640 spot?Shai
[11:24] Shai C: for longs?
[11:25] Shai C: sorry was away from screen
[11:25] Pasi C: yes
[11:25] Pasi C: yes for longs
[11:25] Shai C: exit new longs
[11:25] Pasi C: ok
[11:26] Shai C: swing trades can be still held with stops below 5608 spot
[11:26] Shai C: Nifty is still in value
[11:26] Shai C: small rotations
[11:26] Pasi C: ok
[11:38] Pasi C: No premium/discount in NF!!
[11:39] Pasi C: sorry 10 p discount
[12:13] Shai C: quite mkt again making value here
[12:13] Shai C: the last time it was end of oct when the mkt chose a similar range to auction in
[12:37] Shai C: mkt still balancing and within value still
[12:40] Shai C: A clear indicator of no direction in the mkt is when you see NF at IBH and BN at IBL
[12:40] Shai C: happened yesterday as well
[12:42] Janak G: good setup for scalpers
[12:42] Janak G: 25-30 in bn in abundance
[13:11] G D: GA all!
[13:12] G D: yesterday BN was stronger and today its Nifty trun but overall they seem to be running on a treadmill – going nowhere..
[13:12] r m: Hi Girish 🙂
[13:12] G D: GA RM
[13:13] r m: GA
[13:13] G D: Someething should happen this afternoon. Its been pretty quiet for last 2-3 sessions
[13:15] G D: almost a week spent in repairing the DD profile of last Friday
[13:16] Janak G: something like diggi declaring thackrey dead? 😉
[13:19] r m: diggi is already brain-dead 😀
[13:22] Janak G: now it is thackereys' turn to issue a death-warrant to diggi ;
[13:22] r m: lol
[13:22] r m: death-warrant from death bed 😀
[13:22] Janak G: diggi ki pent to already gili ho gayi hogi
[13:38] Shai C: europe's open
[13:38] Shai C: let's see if change comes
[13:39] Shai C: NF looking up and BN not intersted today
[13:41] Shai C: a cross of 11540 BNF sjhould bring 11580 BNF
[13:42] Janak G: 5800cebuying gathering steam
[13:45] Janak G: shai said something abt. 5640 taken out in the morning?
[13:47] Shai C: yes tgt of 5665 abv 5640
[13:48] Shai C: need volumes now to drive the white vwap back
[13:49] Janak G: http://economictimes.indiatimes.com/markets/regulation/sebi-asks-brokerage-firms-to-push-for-qfi-investments/articleshow/17234941.cms
[13:49] Janak G: it was NS
[13:53] Janak G: https://www.facebook.com/photo.php?fbid=3873666612583&set=a.2397055778235.2101266.1606203904&type=1&ref=nf
[13:53] r m: lol
[13:56] Janak G: yamraj needs to come asa marathi manush to take him
[14:04] G D: Back from lunch and logging in to NOW with hope of taking at least 1 trade this week.
[14:06] Shai C: Nifty is paying attention to every small detail on the road
[14:06] Shai C: move abv 5640 stalled at yesterday's open high 5650
[14:06] Shai C: still want to see 5665 on spot
[14:07] r m: while BN sleeps at 11515-520 🙂
[14:07] Shai C: 🙂
[14:07] Shai C: sbi has been quite
[14:07] G D: RM – sleep where there is peace 🙂
[14:07] Janak G: bn waiting for gd to get on board at 480/90
[14:07] G D: Shai – 11502 low is very suspicious low for the day. May be I am reading too much into the numbers?
[14:08] Shai C: I saw 11496 also hold well yesterday
[14:08] G D: and last Friday it was probably 11482
[14:09] Shai C: multiple lows btw 11496 and 11492 yesterday 10.30 – 1.30
[14:09] Janak G: 58,59,6000,6100 – entire combo available for 15 bucks 🙂 all buy
[14:09] Shai C: today 11502 twice
[14:09] Janak G: buy few lac lots 🙂
[14:09] Shai C: Janak at this pace make sure you buy 2013 options 🙂
[14:10] Janak G: at 900, 1900ce for mcdowell was some 10 paise? 🙂
[14:10] G D: interesting. So many be someone is defending it so far in that 50 pt zone.
[14:11] Shai C: now 900 pe may be the same
[14:11] G D: JG – even though the price would be small there wiuld be probably no liquidity at that price..
[14:11] Janak G: but that will never come again
[14:11] Janak G: till the management sells their quota at 2000+ 🙂
[14:11] Shai C: one more try by NF
[14:11] Shai C: BN still below vwap
[14:12] Janak G: rm and gd riding bn longs wud be a deadly combo to push bn up
[14:12] Janak G: i might cheap in with few hundreds ;
[14:12] Janak G: chip 🙂
[14:13] G D: JG – BN could actually go either way from here
[14:13] Pasi C: Its Friday
[14:13] Janak G: yes first it may attempt 450
[14:15] G D: BN waiting for Pujaja double ton?
[14:15] G D: *Pujara
[14:15] Shai C: what's d score?
[14:15] G D: 502/6 – Pujara 196
[14:16] Shai C: Thanks 🙂
[14:16] Shai C: too lazy to open a new window
[14:16] G D: I think for India team, not losing is a big deal
[14:17] Shai C: Bn has done 11540-11503 from 11.20
[14:17] Shai C: looks like an easy 40 on the break
[14:18] Pasi C: today poss?
[14:18] Shai C: yes friday anything possible
[14:18] Pasi C: ok
[14:18] Shai C: even a circuit 🙂
[14:18] Pasi C: 🙂
[14:19] Shai C: all be careful of janak, he's waiting to ounch some orders in
[14:19] Shai C: *punch
[14:19] r m: he is munching BN since morning 🙂
[14:20] Shai C: hope the weight has not gone to the fingers then
[14:20] r m: lol
[14:20] Janak G: yeah 1500 *20,30,40 – i am tired of these popcorns now – kuch heavy ho jaye ab;
[14:21] Janak G: sideways mkts are the best for traders
[14:22] Janak G: we can earn our grilled sandwiches and coffee from these :
[14:23] Janak G: and if bhindi ki sabji is required then need to go for some big orders
[14:23] Janak G: OTM 😉
[14:23] Janak G: for OTM trades i become their (sellers') ATM
[14:26] r m: Janak bought again at 11503 😀
[14:27] Janak G: no sold at 530
[14:27] r m: ok 🙂
[14:27] Janak G: buy order at 480
[14:28] Janak G: lagta hei main fasne wala hoon yahan 🙂
[14:28] Janak G: secret of pujara's innings: http://www.divyabhaskar.co.in/article/SPO-puja-pabari-who-clean-bowled-cheteshwar-pujara-4020784-PHO.html?seq=4&HT1a=
[14:30] Shai C: sbi cracked
[14:30] Janak G: are wah rm 1500 * 50 (530-480) – chai-paani ka bandobast ho hi gaya
[14:30] r m: shayad samose bhee aa jayein itne mein 😀
[14:30] Janak G: 🙂
[14:31] Janak G: ileana?
[14:33] Janak G: good long trade in bn from here?
[14:33] G D: oops.. just got up to have coffee and BN tnaks 50 pts!
[14:33] Janak G: i got all of them gd
[14:33] G D: nice!
[14:33] Janak G: but waiting to get into a long now
[14:33] Janak G: it shd give 100 up
[14:34] Janak G: only if shai confirms :
[14:34] Shai C: pdl in BN
[14:34] Janak G: bought a few here
[14:35] Janak G: buy orders ready for 455, 445, 435
[14:36] Janak G: doobne ki poori taiyari :
[14:41] G D: JG – some hint of green too in BN…
[14:41] Janak G: 🙂
[14:41] Janak G: life-jacket for me
[14:42] Janak G: my average is 460
[14:42] Janak G: dont have much hope
[14:43] G D: Today ES may also see some reversal
[14:44] G D: I am also trying a small position from 11458 but with 3IB SL
[14:45] Janak G: ok
[14:45] Janak G: i have a buy order at 445 also
[14:45] Janak G: in
[14:45] Janak G: now average 455
[14:46] Shai C: cross of 11466 will make your trade safe
[14:46] Janak G: ok
[14:46] Janak G: still an order at 435 also 🙂
[14:46] G D: Shai – this is just a hope trade for me with small SL. Could easily backfire
[14:46] Janak G: gambling spirit takes better of me this time
[14:50] Janak G: looks like bn has decided to fill all my orders ;;
[14:51] Janak G: now average around 450
[14:52] Shai C: 5619 is pdl
[14:52] G D: So far we have determined sellers for Friday afternoon dump..
[14:53] Shai C: Bn may come back by close
[14:53] Shai C: deltya not showing new sellers
[14:53] Shai C: *delta
[14:53] G D: Even INR is not making higher high so far
[14:57] G D: out at 435
[14:57] Janak G: i am still in – willing to down till 300 🙁
[14:58] Janak G: blow up all that i earned today
[14:58] G D: oops!
[14:58] Janak G: hedged with 5700 puts 🙂
[14:58] G D: ok. that's better
[14:59] Janak G: wrong trade = that 1500 short at 530 had to be held on
[15:00] G D: repeat of last Friday
[15:00] Janak G: booking 5700 puts here now naked shorts in bn
[15:01] Janak G: sorry longs
[15:01] Janak G: bought at 400 also 🙁
[15:02] G D: JG – looks like today's selling is done
[15:03] Janak G: my average shd be around 440-45 now
[15:03] Shai C: always friday's are diff animals
[15:03] G D: there could be a gap down on Monday though
[15:04] Shai C: spot hits 5584 again
[15:04] r m: below 5580 spot is the large gap?
[15:05] Shai C: that's below 5534
[15:06] Shai C: 5447- 5534
[15:06] G D: RM – gap likely to be retraced by another gap?
[15:08] r m: sometimes it falls like a stone thru the gap 🙂
[15:08] Shai C: those kind of 2 gaps are at 5550- 5570
[15:09] G D: Seems like will end at lowest pt of day
[15:09] Shai C: 3 sigmal move- holding the white line
[15:09] Shai C: *sigma
[15:11] G D: Shai – NF delta being red in last 4 bars means good amount of selling at those levels?
[15:11] Pasi C: nothing holding now
[15:11] G D: Pasi – my best guess is that only on Monday afternoon this will hit a bottom. It may even hit in first hour too
[15:12] Janak G: or it may be the start of a post-diwali tank :::
[15:12] Shai C: yes some stops being triggered
[15:12] Janak G: bought at 350
[15:12] Janak G: i am averaging a loosing trade now
[15:13] G D: JG – the better trade was a sell below pdl. I too read it wrong
[15:13] r m: it is much better to hedge a losing trade with short CE
[15:13] Pasi C: Yes GD
[15:13] Janak G: heavily bought at 350 – now average is 400 now
[15:14] Pasi C: I have booked my 5500 pe @10  cost was 9  🙁
[15:16] r m: USDINR trying to break thru its window 🙂
[15:16] Janak G: obama trading as FII
[15:16] Shai C: Bn at another sritical supp
[15:17] G D: Shai – this could be redemption from FII investors?
[15:17] G D: typically the last 1 hour drives are from fund managers
[15:18] Janak G: bought at 335 also 🙂
[15:19] Shai C: GD definitely OTF
[15:19] Shai C: but there will be 2 camps now
[15:19] Shai C: people who cover and people who buy here
[15:19] Shai C: stocks
[15:20] G D: true. pension funds buying and greedy funds selling 🙂
[15:20] Pasi C: whats Nf ref downside Shai
[15:21] G D: RM – what was the gap in Nifty SPOT below 5580?
[15:21] Pasi C: 5550
[15:22] G D: Thanks PAsi
[15:23] G D: Bye folks. Have a nice weekend!
[15:23] r m: the big gap is below 5530 next step is 5447
[15:23] Janak G: i have gone bankrupt now with the last heavy buying at 325-330
[15:23] r m: from 13sep
[15:24] Janak G: jo bhi milega last me – bech denge 🙂
[15:24] G D: JG – In my experience, after 3:00pm, the chances of big recoveries are less
[15:24] Janak G: 370-380 will see me incuring 10-15 k loss
[15:25] G D: If a big reversal has to happen it would start with lows at 2:30-2:40
[15:25] Janak G: earlier trade got me 75k (which could have been a 2.25l one 🙁 )
[15:26] Janak G: i am a certified idiot now
[15:26] G D: crap. Well, there's always a next time.
[15:27] r m: as Girish said, the low should be in place by monday first hour
[15:29] Pasi C: is it worth buying puts now Shai
[15:29] Janak G: selling some holding other for monday – too add more on lower levels – damn me
[15:29] G D: FIIs sold about 1000Cr of index futures yesterday inspite of no big change in levels of BN/NF. The real move came this afternoon
[15:30] Pasi C: Bye all
[15:30] Pasi C: Happy weekend
[15:30] r m: yesterday their OI went down so guess they booked their longs first and shorted en mass today
[15:30] Janak G: bye all
[15:30] G D: RM – do you maintain that FII XLS?
[15:30] G D: Bye JG. Chill out and come back fresh for next week!
[15:30] r m: yes Girish, still the same link in vtrender
[15:31] Shai C: mkt spike
[15:31] r m: Bye Janak, I am sure you will strangle the sellers next week 🙂
[15:31] G D: RM – will ask Q if I don't understand something. Have a nice weekend
[15:31] Shai C: let's see where the open is monday
[15:31] G D: Bye Shai.
[15:31] Shai C: should auction the spike zone ion next few days
[15:31] r m: Thanks & bye all, have a great weekend 🙂
[15:31] Shai C: and tank in expiry week again
[15:31] Janak G: 🙂 its ok rm, it is good to loose money some times
[15:32] Janak G: even now – reminds me of my past disasters
[15:32] Shai C: Janak, most of the selling may be over
[15:32] Janak G: over all i am 1.5 l up in the day
[15:32] Shai C: it's upto you how you hold and manage now
[15:32] Janak G: with few morning scalps
[15:33] Janak G: ok shai, monday u guide me there
[15:33] Janak G: shai in the evenings regularly once chart disappear
[15:33] Janak G: is there an algo at omnovia?
[15:34] Shai C: was not happening earlier, but know it's been happening off late
[15:34] Shai C: will keep an eye
[15:34] Janak G: ok thnx
[15:34] Janak G: i am addicted to mkt till 11.30 pm now 🙂
[15:34] Janak G: if not trading, studying the charts
[15:34] Shai C: 🙂
[15:34] Janak G: lot of new learning daily