General Chat Transcript
Room Name: Vtrender
Date and Time: June 26, 2014 09:04:59
[08:57] r m : Good Morning folks!
[09:07] Amit J : gm
[09:12] Shai : Gm all
[09:13] Shai : http://vtrender.com/trading-room-levels-and-plan-for-26th-june/
[09:19] Kathir : GOOD MORNING Shai RM Amit all
[09:19] r m : Hi Kathir 🙂
[09:21] Manikandan : gm shai,rm ,kathir
[09:21] r m : Hi Mani
[09:23] Kathir : hi mani
[09:27] Shai : BNF in a drive up on a rising vwap
[09:27] Shai : yesterday’s res was 310- 320
[09:29] Shai : NF has tested pull back low and looks good for 7588 again- sl 7551
[09:42] Shai : sl taken and big drop
[09:44] Shai : NF and BNF july also have some false ticks up
[09:46] Dr Bansal : shai,bnf support?
[09:46] Amit J : vwap of july gone
[09:46] Amit J : soryy june
[09:46] Shai : 7505 NF supp june
[09:47] Shai : BNF 15170/
[09:47] Dr Bansal : shai,any investment idea before budget?
[09:50] Shai : sure will update
[09:50] Dr Bansal : will wait.
[09:51] Shai : 7500 pe writers called to defend
[09:55] Shai : visibly different expiry morning
[09:57] Shai : there are buyers buy they have to move price abv dpoc 7530 and then 7550 quickly
[09:58] Shai : *but
[10:05] Dr Bansal : shai,buy bnf at pdl?
[10:07] Shai : sl 15199 tgt vwap
[10:11] Shai : some more buyers in NF
[10:11] Shai : was checking that 7660 print in July
[10:11] Shai : No volume seen
[10:15] Shai : 7550 is the secene of the crime today
[10:15] Shai : May be a visit there to check intent
[10:15] Shai : bears dominate the day as long as we stay below 7550 now
[10:16] Shai : first hurdle will be vwap on the way there
[10:23] Shai : vwap now
[10:23] Shai : That blue we see in the top pane should remain as buyers are using dip to buy
[10:43] Kathir : @SHAI huge volumes in 7600 CE..buying or covering
[10:52] Shai : thjey are writing it for 0- http://prntscr.com/3wlcyd
[10:55] Shai : some hesistation at vwap
[10:55] Shai : more of a reassessment by intra bulls and bears
[10:57] Manikandan : bnf vwap @ 15201
[10:57] Shai : 15269
[10:58] Manikandan : tnx
[11:16] Shai : NF now coiled at vwap in a 10 point range
[11:16] Shai : lots of blue seen at vwap
[11:17] Shai : The bear innings may be over for the day
[11:17] Shai : confirmation is of course on 7550 cross
[12:03] Shai : BNf at supp
[12:56] Manikandan : @ rm still in room ?
[12:57] r m : yes, almost snoring 🙂
[12:59] Manikandan : tnx , atleast tou r here for my company
[13:34] Manikandan : @shai bnf if breaks 15160, whats the next support to look for ?
[13:36] Kathir : @MANI 15000 should be i guess
[13:39] Manikandan : ok
[13:40] Shai : 15032 – Kathir is right
[13:41] Shai : There’s one last move of maybe 40- 60 points left in NF
[13:41] Shai : My bias for that move is up as long as 7507 is protected
[13:42] Shai : Maybe a 7500 ce will be a lottery trade in about 30 mins
[13:43] Kathir : ok shai
[14:02] r m : 7600CE (JUL) + 7500PE (June) seems OK?
[14:02] r m : about 144 bucks
[14:03] Amit J : IVs low before budget
[14:12] Shai : yes RM
[14:13] Shai : IV’s will start climbing from tues again
[14:14] Shai : still 20 will be highs
[14:14] Shai : 15 supp
[14:21] Shai : That 7500 ce is 32 now
[14:21] Shai : No expiry this year has happened below series vwap
[14:21] Shai : That is still at 7530
[14:22] Shai : possible move from above 7537 now is 7557 and then 7577 from there
[14:22] Shai : 20 to 7557 and another 20 is 7557 is overcome
[14:39] Shai : 2.40
[14:42] Kathir : @RM?
[14:43] Shai : BNf abv 15240 should do 15315
[14:44] Shai : 7550 scene- (10:15) Shai :7550 is the secene of the crime today
[14:47] Shai : IT is pushinh up – spo BNF may not get a chance to rise
[14:48] Shai : BNF
[14:54] Shai : vwap/ dpoc and series vwap all at 7530
[14:57] Shai : expiry move done?
[14:57] Shai : looks like the real excitelemt was at the open today rather than the close
[14:58] Shai : *excitement
[15:02] r m : looks like settlement at 7500!
[15:03] Shai : way below vwap
[15:03] Shai : looks more like a fright
[15:04] Shai : 7500 ce is gone
[15:14] Shai : 60 L of 7500 pe in pain
[15:14] Shai : but they will not close as they are in profit
[15:15] Shai : plus final fig maybe at 7500 only
[15:22] Shai : expiry at lows of the day
[15:26] Shai : RM made profit on your 7500 pe?
[15:26] r m : no Shai, did not go for it
[15:26] Shai : ok
[15:26] Shai : I think it was around 5-6
[15:27] r m : yes
[15:27] Shai : ce went to 45 and came dowm
[15:30] Shai : 20 L 7500 pe closed in last 10 mins
[15:31] Amit J : bye
[15:31] Shai : Most of them got it on tues morning around 25, so they are in profit
[15:31] Shai : Bye all
[15:31] Shai : Have a nice eve
[15:32] r m : bye all, have a great evening 🙂