[08:56] Pasi C: GM all
[08:56] r m: Good Morning folks!
[08:57] r m: Hi Pasi
[08:57] Pasi C: Hi rm
[08:58] Pasi C: Exit over night NF OF short position at open or hold?@shai
*** Shai C, Welcome to the Vtrender conference room!
[09:02] Shai C: GM all
[09:02] Pasi C: *
[09:02] r m: GM Shai
[09:02] Shai C: Pasi let's hold for first 5 mins at 4939 HVN as sl
[09:03] Shai C: we will reverse above that
[09:03] Shai C: or on a change of signal
[09:04] Kris 123: GM All 🙂
[09:04] r m: Hi Kris 🙂
[09:06] Shares Trader: GM all
[09:06] r m: Hi ST 🙂
[09:06] Shares Trader: Hello RM 🙂 🙂 thts big smile
[09:07] r m: 😀
[09:07] Kris 123: Hi Rm 🙂
[09:07] Kris 123: One of these days – the people who are getting used to the range will get a rude awakening 🙂
[09:08] r m: USD is controlling NF these days, the day RBI pours dollars, NF will have a rollicking time
[09:11] r m: spot is up 48 points in pre-market
[09:14] j g: gap up and rally?
[09:15] j g: 50 pt gap up
[09:16] j g: dehradun express back to track
[09:18] j g: 9.16 buy in bn is known to work big time?
[09:18] Pasi C: ok
[09:19] Pasi C: ok
[09:19] Kris 123: I guess as long as the O in BN is protected – we can hope for big things from it 🙂
[09:20] manu /: hi all
[09:20] manu /: hi kris/jg/rm/all
[09:20] j g: jai kneda
[09:20] manu /: whr r u taking dollar rm
[09:21] Kris 123: Hi manu 🙂
[09:21] j g: manu rm is coming to kneda so he needs lot of dollars
[09:21] r m: @manu, still worried about USD? 🙂
[09:22] manu /: yes rm ..i didnt transfered fully
[09:22] j g: he is often heard singing "knede wali gaadi se chale jaayenge…." ;
[09:22] manu /: whr is shai ?
[09:22] r m: @manu, Shai's next level is 56
[09:22] manu /: hmmn
[09:22] r m: @jg 🙂
[09:22] manu /: whr is he ..on or off
[09:23] j g: manu, shai has shorted facebook at $45 and now sitting on profits as fb share tumbled to 33
[09:23] r m: on, he gets busy in opening hours, big cash counting needs to be done na 🙂
[09:23] manu /: yes rm , i knw abt that
[09:24] manu /: jg : u cant short fb on that day..margin not allowed
[09:25] j g: then manu who shorted it?
[09:25] manu /: cash selling
[09:25] j g: it went up to 45 in 2 minutes and then yday closed at 33
[09:25] Shai C: Gm guys
[09:26] Shai C: JG the only person happy is Mark Z. whay he even decided to get married with all the happiness
[09:26] manu /: 🙂
[09:26] r m: Guess he needed a balance for all that happiness 🙂
[09:27] Kris 123: @Shai – it is a zero sum game – if there are 100 people who are unhappy – 100 must have been happy – isnt it? for example Z fiance must be the happy one to correspond to unhappy Z 🙂
[09:27] j g: shai mark can sell his shares – i believe he will have to wait for few months?
[09:28] Kris 123: Once we realise that – we can always be happy – because – in every thing we do – either we become happy – or – we make some one else happy 🙂
[09:29] Jitender Chhabra: shai..es chart pls
[09:31] manu /: es chart ?
[09:31] manu /: es s sleeping
[09:31] r m: tos screen
[09:31] r m: es never sleeps, quite unlike Kumbhkaran 🙂
[09:32] Shai C: big relief rally was actually started at NSE on fri afternoon
[09:32] Shai C: I'll like to see NF go above 4940 for more bullishness
[09:33] Jitender Chhabra: tx shai
[09:40] Shai C: poc imp at 4919 otherwise we travel back to val
[09:40] Shares Trader: whts Vix ?
[09:41] r m: 23.31
[09:41] Shai C: down 0.6
[09:41] Shares Trader: thnk u
[09:43] Shai C: Bn looks like it wants to go down
[09:43] r m: usd knocking at 55 again
[09:43] Shares Trader: 4900 due ?
[09:44] Shai C: yes looks like 80 %
[09:46] Shares Trader: did anyone chk Price ladder..DOM
[09:46] Shares Trader: looks gd
[09:48] Shai C: good for who?
[09:49] Shares Trader: fr us..as depth of mkt
[09:49] Shares Trader: here is pic http://i47.tinypic.com/28kr4hg.png
[09:50] Shai C: from where u got that?
[09:50] r m: Thanks ST
[09:51] Shares Trader: frm Nest shai
[09:51] Shares Trader: mkt > price ladder
[09:51] Shai C: very cool
[09:51] Shares Trader: ditto lk Ninja DOM
[09:51] r m: pretty advanced stuff!
[09:51] Shares Trader: yes whts hitting bid or ask..we can see it thr
[09:52] j g: whats wrong with this mkt – 4930 and it starts tanking
[09:52] Shai C: RM – I don't think NOW has that
[09:52] Shares Trader: RM can u see same in NOW?
[09:52] r m: normall we can see only first 5 bids or asks, your's is like having level 2 quotes
[09:52] Shai C: that's level 2
[09:52] r m: @Shai, ST, not in NOW
[09:53] Shai C: BN will be the first to VAL
[09:54] r m: 55.11
[09:55] Pasi C: ahaaaaaa again falling
[09:55] Shai C: VAL
[09:56] Shares Trader: shai..book half here ?
[09:56] Shai C: yes
[09:56] Shares Trader: @ poc
[09:56] Shares Trader: ok..thnx
[09:56] Pasi C: hit very badly both sides
[09:56] Shares Trader: Shai, do u hv Nest ?
[09:56] Shai C: No
[09:57] Shares Trader: ok..those who hv chk price ladder guys..its very cool
[09:57] Shai C: Pasi I reserved the buy for abv 4939
[09:57] Pasi C: yes but buy signal came after that shai
[09:57] Pasi C: alerts needed on such buy calls@shai
[09:58] Jitender Chhabra: ST u r talking about nest plus…
[09:58] Shai C: you are right
[09:58] Shares Trader: no JC..i hv Nest trader, not Nest plus
[09:59] Shai C: u get all the other free accessories of Omneysys with Nest trader
[09:59] Jitender Chhabra: k…tx
[10:01] Shares Trader: with Nest plus one can get live news n 1 mnths charts
[10:01] Shares Trader: news appear evn before TV
[10:02] r m: with Next Gate you can create your own algos 🙂
[10:02] Shai C: and it consumes lot of PC power?
[10:03] Shares Trader: no i guess..u can turn off TV on it..
[10:05] Shai C: sounds nice
[10:16] Shai C: lokking for buyers at val/poc
[10:16] Shai C: *looking
[10:18] Shai C: BN not staying abv 9380 is a worry
[10:31] j g: any move above 4940 – if at all – shd be swift noww
[10:44] Shai C: yes that's the key level
[11:10] Shai C: globe is looking up
[11:10] Shai C: vwap test again
[11:11] Shai C: no new sellers below value in BN
[11:11] j g: we are also – but just looking up – not going up 🙁
[11:12] Shai C: 🙂
[11:12] Shai C: Have patience- bulls have forgotten how to move up
[11:12] r m: bulls became toddlers 🙂
[11:14] j g: bulls decided that they will go to himalayas via dehradun – now they are in love with Dehra…and have forgotten about their destination
[11:15] Shai C: JG holding some big guns??
[11:16] Shai C: jg has been bullish from yesterday
[11:17] j g: yes shai
[11:17] j g: but hedged with pes
[11:18] j g: if mkt expires betn 4800-5000 – i dont get anything
[11:21] Shai C: this is the best time for the mkt to rally if it has to
[11:21] Shai C: otherwise …
[11:21] j g: 2.30 will be the next best time :
[11:21] Shai C: even USDINR now wants NF to go up
[11:21] r m: usd dips below 55
[11:23] Shai C: INR may have given Subbu sleepless nights
[11:34] Pasi C: red OF
[11:37] Shai C: take the sell below 4907
[11:37] Shai C: mkt is dancing around 4915 since yesterday
[12:02] Pasi C: vwap
[12:16] Pasi C: long expiry this month
[12:16] Pasi C: rm
[12:17] Pasi C: rm so gaya nf break ib ca
[12:18] Shai C: nothinh happening in the mkts
[12:19] Pasi C: 🙂 even nf sleeping
[12:19] Shai C: 4900 ce pe is 136 from 153 yesterday
[12:19] Shai C: so smart money is working 🙂
[12:22] Pasi C: markets dried up(stalled) for long time (say 2-3 months ) in past ?shai
[12:22] Shai C: april was bad
[12:23] Shai C: 5200- 5400
[12:25] Pasi C: can we trade in foreign markets from india shai
[12:33] Shai C: no
[12:33] Shai C: only indices/ stocks listed in india
[12:34] Shai C: europe's open is quite- http://www.forexpros.com/indices/indices-futures
[12:34] Shai C: euro bonds is the key word of the week
[12:35] Jitender Chhabra: yup hollande pushing it & merkel not to keen…
[12:36] Shai C: I should have said quiet
[12:36] Shai C: merkel will be the next one out
[12:37] Jitender Chhabra: 🙂
[12:37] r m: But one can understand Merkel's point of view, Germany is the only solvent nation in western Europe and it has to fund all other's bailout packages 🙂
[12:37] Shai C: isn't it better everyone takes care of their own mess
[12:38] Jitender Chhabra: Look at the strength of the nation…world wars, dest & now financing the region.
[12:38] Shai C: yes the merger was a big thing for Germany
[12:38] r m: that was possible when everyone had their own currency but Europe thought to give tough competition to US 🙂
[12:39] Shai C: A friend of mine in Greece says that they are not keeping their Euros in the banak any longer
[12:39] Shai C: *bank
[12:39] Shai C: all are hiring safe deposit boxes and keeping the cash there
[12:40] Jitender Chhabra: yup..tats y tere is a call to finance Greek Banks directly & not the nation
[12:40] r m: I guess Greece will soon return to Drachma or whatever currency they had before Euro
[12:40] Shai C: drachma
[12:41] Shai C: but none of those banks will survive at this rate
[12:41] Shai C: even Spain and Portugal for that matter if people do not keep their money there
[12:41] r m: problem is with German and French banks, they have loaned out huge sums to Greeks, Spanish and Portugese. They are actually trying to bail out their own banks rather than Greece 🙂
[12:42] Jitender Chhabra: euro collapse is a frighful thought…but it has been persistent for sum time now.
[12:42] Shai C: I remeber 5 years back there was a rumor about ICICI and all ran to withdraw their money
[12:43] r m: yes
[12:43] Shai C: no bank can stay solvent if people do not put deposits
[12:45] Jitender Chhabra: closed all my a/c in icici & hdfc….
[12:45] Shai C: LOL
[12:45] Jitender Chhabra: hehehe….
[12:46] Kris 123: hmm… I thought some one would confess that – after that they took a huge loan in ICICI / HDFC – Hello All 🙂
[12:46] Shai C: Merkel will be left with pieces of paper called Euro value= 0
[12:46] Shai C: Hi Kris
[12:47] Kris 123: Hi Shai
[12:47] Shai C: If all break away the Geramns are the biggest losers
[12:47] Shai C: No wonder merkel's middle name has become austerity
[12:48] Kris 123: @Shai – it still might be temporary – and Germany can rebuild itself – but by holding things together – my guess is they will end up paying more 🙂
[12:48] Shai C: She has to safeguarf her tax payers and country men after all
[12:50] j g: germany needs to put didi on the hot seat to (dis)solve everything – it will take 23 hrs 58 min. – not more
[12:51] Kris 123: I guess every one knows the story of monkey and the two cats – and – bread sharing.
[12:51] Kris 123: looks that is being played here to perfection – the writers being the monkey – two cats being CE buyers and PE buyers 🙂
[12:52] Shai C: yes at such times trading futures makes sense
[12:52] r m: @Kris, what about the cat buying both? It can give the monkey a run for its bread 🙂
[12:53] j g: or what if one of the cats is also playing the monkey? ;
[12:53] r m: double role? 🙂
[12:53] j g: double roti :
[12:53] Shai C: what's with the heavy unwinding at 5400 and 5200 ce?
[12:54] r m: lol
[12:54] Shai C: profit booking or worry?
[12:54] Jitender Chhabra: pr booking…val 2 low for the long expiry time left.
[12:55] j g: shai we may have a rally to 5200?
[12:55] r m: there is good addition in 5000 and 5100CE, so it could have been shifting of position too
[12:56] Shai C: Jitendra I would think so, but gen they would let is expire worthless
[12:56] Shai C: unless …
[12:57] Shai C: actual expiry should have been in 2 days, but we are 7 days away
[12:57] Jitender Chhabra: but shai, the margin to hold a .45 woth ce & is large, & the same amt can get better reurns…
[12:57] Shai C: yes
[12:57] Jitender Chhabra: *worth
[12:58] Shai C: does not make sense- risk is bigger
[12:58] Shares Trader: owww
[12:59] Kris 123: ?
[12:59] Shai C: what happened there?
[12:59] Shares Trader: 4918-4898
[12:59] j g: rm chanted a mantra there "Gai Bhens….."
[13:00] Shares Trader: i thnk 2lk volm came in 4secs
[13:01] j g: vow
[13:01] Jitender Chhabra: it touched 4859
[13:03] Shai C: yes ST
[13:03] Shai C: 1.2 + 1.2
[13:03] Shai C: at4902
[13:09] r m: is there an intra gap between 4914 and 4902?
[13:11] j g: looks like neither 4700/5000 will be taken out before expiry 🙁
[13:11] Shares Trader: today RM ?
[13:12] Shai C: looks like ir RM
[13:12] r m: Thanks
[13:12] r m: yes ST
[13:12] Pasi C: longs killed
[13:12] Shai C: 4909- 4901
[13:12] r m: ok, my data vendor exaggerated it 🙂
[13:26] Shai C: forming a DD
[13:26] Shai C: very weird movement
[13:29] r m: targeting the single prints of 18th? But they are way below, around 4825 i guess
[13:29] Shai C: 4852 hvn is the first one
[13:30] r m: Thanks
[13:30] Shai C: yes SP at 4818
[13:45] Shai C: weird mkt
[13:49] Shai C: dpoc down world's up- what id the NF doing?
[13:58] j g: shai any possibility of bn doing a 1000 pt move in any direction before exp?
[13:59] Shai C: directional one way poss abv 9380 close
[13:59] j g: 10300
[14:00] Shai C: should do 500 at least
[14:01] Shai C: the best trade of the day was over before we could even type NF!
[14:02] Shai C: below IB low and VAL
[14:02] j g: yes we could later type WTF instead of NF 😉
[14:02] Shai C: 🙂
[14:03] j g: although I shorted at 4920 on pink shai
[14:03] j g: so I could type NF as well :
[14:05] Shares Trader: jg we were in same bus thn..only thng is i got out earlier 🙂
[14:06] j g: now market will marrily go to 5000 after convincing everyone that this is going to 4700
[14:12] j g: how is it that 10300 ce bn – there are 30,000 buyers and 8300pe bn – there are only 25 buy qty. – totally fishy – i think mkt falls big time from here
[14:13] j g: and bn goes well below 8000
[14:15] j g: bears are hedging bn big time with ces
[14:33] j g: finally rm the bear steps in and says "enough is enough" – lets close bn at 9100
[14:34] r m: beer time 🙂
[14:34] j g: 140 to go rm
[14:35] j g: iska seedha matlab tomorrow gap down pakka
[14:35] r m: you want 3IB in BN too
[14:35] Shares Trader: 4830 before close ?
[14:35] j g: 4775 before close, and 4IB in BN
[14:36] j g: ok 3.5 also will do :-
[14:36] j g: 9075
[14:36] Shai C: *Fitch Downgrades Japan to 'A+'; Outlook Negative
[14:37] j g: how swiftly mkt is going down
[14:37] j g: whereas at 4930 – it spent ages to move ahead
[14:37] r m: @JG, it came up very fast on Friday na!
[14:38] j g: it came from 4765
[14:38] j g: so….
[14:38] r m: 🙂
[14:39] j g: 120 to go
[14:41] r m: USD making large ticks
[14:42] j g: it will hit 60 today
[14:42] r m: in that case buy everything in sight 🙂
[14:42] j g: buy every pe
[14:43] j g: even out of sight :
[14:43] r m: no, all cash scrips
[14:43] r m: USD 60 will means stock market bottoming out in a hurry!
[14:44] Jitender Chhabra: shai…cover shorts here or wait.
[14:45] Jitender Chhabra: rbi..shld intervene….
[14:45] j g: shai wud say cover around 4810 JC – lets c what does he say actually
[14:45] Jitender Chhabra: k..
[14:46] j g: nf down 100 pt from day high
[14:47] r m: icicibank hesitatinig at PDL
[14:47] Jitender Chhabra: 90 points from my shrt:-)
[14:47] r m: great trade JC, congrats!
[14:48] Jitender Chhabra: tx rm…..tat levl had great resis yday & today
[14:48] Shai C: tsl at 4853 +_ few
[14:48] Shai C: +
[14:48] Shai C: it's res now
[14:48] Jitender Chhabra: k..tx shai
[14:48] Shai C: 4818 is poss
[14:50] Jitender Chhabra: exiting…
[15:04] Jitender Chhabra: now sudarshan sukhani will say tat he exited his all long pos & is short:-)
[15:04] r m: lol
[15:05] Jitender Chhabra: in the mor & yday even lookng at other mkts…he was long till tomoorow:-)
[15:05] r m: 🙂
[15:05] j g: RJ says he is bullish on mkt and will not fall below 4500 – msg is clear – mkt will go to 4500 first 🙂
[15:06] Jitender Chhabra: jg re has to correct….effect on economy, prop wud b bad…
[15:06] j g: so RJ will go on selling and his followers will go on buying till 4500
[15:06] Jitender Chhabra: *rs
[15:07] Jitender Chhabra: 🙂 jg
[15:07] Jitender Chhabra: Ashwani Gujral is the best of the lot in eroding investorz value…
[15:07] j g: JC, USDINR counter has been hijacked by rm – so no chance there
[15:07] Jitender Chhabra: hahaha
[15:08] r m: lol
[15:12] Shares Trader: RM..u ami version ?
[15:12] r m: 5.20
[15:12] r m: ancient one!
[15:12] Shares Trader: ok..same here
[15:12] Shares Trader: if u wnt 5.5 lme knw
[15:13] r m: ok, i tried 5.40 but some of my locally brewed AFL were not working on that 🙂
[15:13] j g: last 20 min. fall means – preparation for a big gap down and steeper falls ahead?
[15:13] Shares Trader: okk
[15:13] r m: @JG, bhaiyya 2250 per ja kar dum loge kya? 🙂
[15:14] j g: bn fell 300 today- 100 gap down and then further 300
[15:14] Shares Trader: jg..bt today we gappd up instead of last 20 min fall yestrd
[15:14] j g: ST that was all thanks to apple shares and US mkt closing high – har roz apple kaise khaoge? 🙂
[15:14] r m: lol
[15:15] Shares Trader: we nevr knw unless next days open
[15:15] r m: yep
[15:16] j g: ST, shai is quiet – that means mkt will make a big movement
[15:17] r m: silence speaks louder? 🙂
[15:17] Shares Trader: we shd make Shai compulsion to disclose his trades
[15:17] j g: @rm – he is silent "loudspeaker" ;
[15:17] Shares Trader: so we all can be quiet 😀
[15:17] Shai C: I think fall isn over
[15:17] r m: 😀
[15:17] Shai C: tom abv 4853 fresh longs for swing
[15:19] Shai C: USD INR very close to a reversal at 55.55- 55.63
[15:20] j g: what if it doesn't reverse?
[15:20] Shai C: don't be aggressively short overnight
[15:21] Shai C: JG has fallen for 5 stright days
[15:21] Shai C: time wise also reversal is due
[15:21] Shai C: people have to book profits here
[15:22] Shai C: longs only if we take out 4853 at open
[15:26] j g: i think FII have pulled the sell trigger
[15:27] Shai C: some covering at close
[15:27] j g: not in bn
[15:27] Shai C: damn close at comp POC
[15:28] r m: this is weekly poc too?
[15:28] Shai C: yes
[15:28] r m: thanks
[15:28] j g: covering nf – not bn – ?
[15:28] Shai C: both
[15:29] r m: ICICI has given buy signal
[15:29] Shai C: shorts are ON if we open and stay below 4853 approx
[15:29] Shai C: buy anything abv briongs bacj 4885/ 4915
[15:29] j g: NS at 25 pt premium!!!!!
[15:30] j g: that means bn must be at 100 pts premium?
[15:30] r m: bn spot 9262
[15:30] j g: 90
[15:30] j g: kya ho raha hei?
[15:31] Jitender Chhabra: bye all…tc
[15:31] Shai C: bye
[15:31] Shai C: big disc
[15:31] r m: Thanks Shai & friends, bye all, have a nice evening 🙂
[15:31] Shai C: 21 points
