[10:12] Sachin : they've started packing bags looks like 🙂
[10:12] Pasi C: hi Sachin
[10:12] Sachin : Hi Pasi
[10:13] r m: @Sachin, they have been doing that since quite long, that is why MSI (elder brother of MO!) is in deep negative
[10:13] Sachin : looks like pdl is coming for Kris or because of Kris? 🙂
[10:14] Sachin : what is MSI rm?
[10:14] r m: just cumulative MO 🙂
[10:14] r m: S stands for summation!
[10:14] Sachin : o ok …
[10:15] Pasi C: now no bulls even for intra
[10:15] Kris 1: @Sachin- thanks – I reached my pdl
[10:16] Kris 1: now I will trail 5800PE at 64 – just above IBL.
[10:16] Kris 1: entered at 49 in the morning!
[10:16] Sachin : Kris – u dont reach, u ARRIVE … people like us somehow reach 🙂
[10:16] r m: @Kris, congrats!
[10:32] Shai C: below pdl
[10:32] Shai C: BNf not there yet
[10:40] Pasi C: what market(longs) is expecting from budget@Shai
[10:51] Shai C: @Pasi- here is a good link about expectations- https://www.religareonline.com/religareonline/Upload/Budget_Expectations_2013-14.pdf
[10:54] Pasi C: good link
[10:55] Shai C: looks like a roatating mkt for today
[10:58] Kris 1: [10:07] Kris 1: @Sachin – yes – around 10.45 – time to think longs!
[10:58] Kris 1: we did 20 points already!
[11:01] Sachin : managed only 10 so far 🙁 .. IBH toh banata hai?
[11:06] Dr B: recommendations in economic survey looks positive for FIIs?
*** Shai C, Welcome to the Vtrender conference room!
[11:08] Shai C: dpoc is possible
[11:08] Shai C: and watch for 80% rule abv val or IBH to POC at least
[11:09] Shai C: Dr Everything in our markets is tailored for FII's
[11:09] Shai C: you cannot afford to displease their inflow 🙂
[11:10] Dr B: Yes.
[11:10] Kris 1: @Shai – part booking at VAL is preferable in NF?
[11:10] Shai C: @Kris – given that FII's are short in futures, but do you track the cash flow also?
[11:11] Kris 1: they bought for the whole month Shai!
[11:11] Shai C: ?
[11:11] Kris 1: in equity they bought for almost all days in Feb series.
[11:11] Shai C: yes
[11:12] Shai C: and I think they are long stock futures also
[11:12] Shai C: for which they need an exit desperately
[11:12] Kris 1: but – when they sell – they sell it so big – and recover any losses in index Futures and Puts!
[11:50] Shai C: dpoc in NF
[11:50] Shai C: shorts from 9.15 and short covering has been the story so far
[11:51] Kris 1: 30 points done from day low – time to part book longs.
[11:51] Kris 1: specially – with delta reaching zero!
[11:52] Kris 1: if – we do want to breakdown tomorrow – closing above 5800 today becomes mandatory 🙂
[11:56] Pasi C: buyers should show up now abv VAL
[12:04] Shai C: put the buy abv 5792
[12:04] Shai C: with val as sl
[12:19] Kris 1: @Sachin – if you are still hanging in – please book part here – at IB high.
[12:19] Kris 1: rest – trail below POC – for a hopeful 80%
[12:20] Sachin : aye aye Kris
[12:23] Kris 1: @Sachin – got the setup clearly now?
[12:23] Sachin : clear but, not yet crystal clear … need some more hand-holding 🙂
[12:24] Kris 1: 🙂
[12:28] Kris 1: @Shai – so – we should go for 5800PE+CE today?
[12:31] Shai C: http://vtrender.com/content/march-nifty-update
[12:32] Shai C: yes 5800 ce pe will be good
[12:32] Shai C: vix has dropped from open reducing some prem
[12:38] Kris 1: @Sachin – delta reducing above IB high is not good.
[12:38] Kris 1: be tight with SL!
[12:40] Sachin : ok Kris ..
[12:41] Kris 1: I am moving it to just below IB high now.
[12:44] Sachin : i'm tail-gating you Kris 🙂
[12:45] Kris 1: @Sachin – I booked most at 5800 – carrying only tiny portion
[12:45] Kris 1: if Shai wants 5824! 🙂
[12:46] Sachin : thought Shai said POC possible & then VAH so, was thinking POC
[12:46] Pasi C: 5900ce doubled and booking now
[12:49] Shai C: 5790 is supp for the mkt if it wants to climb higher
[12:50] Kris 1: @Pasi – great trade!
[12:50] Kris 1: @Sachin – Shai confirmed that our SL is not bad! – so we can hold on to it 🙂
[12:51] Pasi C: with all ur support kris 🙂
[12:52] Sachin : 🙂 … we all r under shade of Govarddhan parvat resting on 🙂
[12:52] r m: back
[12:52] r m: aha, all of you making hay while Kris shines 🙂
[12:53] Pasi C: :0
[12:53] Pasi C: 🙂
[13:02] Pasi C: EU open should complete VA
[13:17] Shai C: that first test of 5790 held
[13:17] Shai C: looking for increase in delta to get to POC
[13:20] Shai C: BNF enters the single prints of yesterdat
[13:32] Sachin : Jai ho Baba & Bhaiyya ki .. if maiyya joins the party VAH possible 🙂
[13:33] Sachin : BN 80% done .. completely missed it 🙁
[13:45] r m: Price in NF making HH with delta making LHs
[13:45] Kris 1: closed all longs at POC
[13:46] Kris 1: grizzly time!!
[13:46] r m: Thanks Kris!
[13:46] r m: i was wondering why that delta was not going up, now got the answer 🙂
[13:46] Shai C: lol
[13:50] Kris 1: [11:52] Kris 1: if – we do want to breakdown tomorrow – closing above 5800 today becomes mandatory 🙂
[13:50] Kris 1: hmm… I have to copy paste my statements 🙁
[13:51] Sachin : feel sorry for u Kris 🙂
[13:51] Kris 1: @Sachin – exited?
[13:52] Kris 1: or hoping for VAH?
[13:52] Sachin : yep — told u tail-gating 🙂
[13:56] Shai C: @kris will post all comments on blog later
[13:56] Shai C: please feel free to add many more
[13:56] Dr B: which blog of kris/
[13:57] Shai C: vtrender
[13:57] Dr B: ok.
[13:57] Shai C: NF march is looking very good
[13:59] Shai C: This chart has 5848 as vwap
[13:59] Shai C: http://vtrender.com/sites/default/files/NF_Cumu_4.png
[13:59] Shai C: 5848 for march
[13:59] Shai C: lonngs can be initiated in march abv that level with a hedge of 5700 put
[13:59] Dr B: shai,vtrender in google is corrupt.kindly cheque.
[14:00] Shai C: ?
[14:00] Dr B: cheke
[14:00] Shai C: http://www.vtrender.com
[14:00] Dr B: gives error
[14:00] Shai C: we are doing some changes -maybe 'cos of that
[14:01] Kris 1: @Dr.B – you tried now?
[14:01] Kris 1: I am getting the site now!
[14:02] Shai C: neutral day now
[14:02] Dr B: no,yesterday.
[14:02] Shai C: can be neutral centre or neutral extreme
[14:03] Kris 1: @Shai – what is the status of NF shorts in Feb? Have they covered a lot or … still retaining?
[14:05] r m: @Kris, Cumulative delta at yesterday EOD is +443000 as per CurrentMonthOI sheet, so guess all were covered yesterday?
[14:08] Shai C: yes
[14:09] Shai C: RM/Kris that cumulative is from the chart past ten days
[14:09] r m: Thanks Shai
[14:09] Shai C: I have to add another column in that sheet for the total cumulative
[14:10] Shai C: that sum total is not right from the beginning
[14:10] r m: if you just add net for that day then we can always have cumulative
[14:10] Shai C: will do it for feb onwards
[14:10] r m: thanks
[14:10] Shai C: yes RM- I will add net for the day instead
[14:10] Shai C: better idea
[14:10] Pasi C: which sheet Shai
[14:11] Shai C: https://docs.google.com/spreadsheet/ccc?key=0Ase3dtbFwQWUdFFpWFFudkx1VV9XVUQ1cjllVlFyVGc#gid=0
[14:11] Shai C: that 1
[14:11] Pasi C: ok thx
[14:12] Dr B: shai,this sheet you can put in your blog.
[14:20] Sachin : Shai – 5800 straddle at 81 what say?
[14:20] Dr B: red delta in march bnf getting bigger.
[14:23] Kris 1: [13:46] Kris 1: grizzly time!!
[14:28] Shai C: Dr the link is there in previous posts
[14:28] Pasi C: once u told abt contra trade to buy/sell signal .what was that scenario kris
[14:28] Shai C: Yes Sachin 160 on that straddle looks achievable
[14:28] Shai C: But I'll take 120 also
[14:29] r m: you mean partbook at 120 and trail the rest at cost type?
[14:30] Sachin : thx Shai
[14:30] Shai C: yes
[14:31] r m: Thanks
[14:31] Shai C: had some figures last year whicg gave swings of over 3% on budget day in NF
[14:31] r m: ok
[14:31] Shai C: more near the 4% side
[14:34] Kris 1: hmm… 5800PE giving 160 means – it will be 5640!
[14:36] Kris 1: so I will not be too far off from my target of 5555? 🙂
[14:36] Pasi C: this series?@kris
[14:36] r m: just for tomorrow Pasi
[14:37] Sachin : straddle at 76 now ..
[14:37] r m: expiry + budget thriller 🙂
[14:37] Kris 1: @Pasi – around Feb 1st week I said that I am looking at 5555 by series end!
[14:37] Sachin : book my show for tomm .. at 76 🙂
[14:37] r m: Kris asketh, Shai giveth 🙂
[14:37] Sachin : we just watcheth 🙂
[14:38] Pasi C: rm just booketh 🙂
[14:39] r m: lol
[14:40] Pasi C: seems close abv 5800
[14:40] Sachin : got my tickets for 20/20 between PC & PN (FII) 🙂
[14:41] r m: you sure got it cheap man, i could get only at 78 🙂
[14:42] Sachin : rm – its still in 76 range .. u really live lavish 🙂
[14:42] Pasi C: I have 5700 PE for tom
[14:42] Kris 1: I got at 33 itself!
[14:42] Kris 1: :):)
[14:42] r m: at that moment when i bought it was 78, will add at open if there is significant change
[14:43] r m: @Kris, you must have bought both at the lows 🙂
[14:43] Sachin : good idea rm 🙂
[14:43] Kris 1: @Rm – probably I bought only one side!! 🙂
[14:44] r m: lol
[14:44] Shai C: the surprising thing about today is that vix is down a lot
[14:44] Sachin : Kris is with PN only, i think 🙂
[14:46] r m: @Kris, 5555 looks very enticing now that i have that straddle in the pocket, for that matter 6000 too or better still maybe we get both the same day 🙂
[14:47] Kris 1: I am not tweeting for some time now – but how come my followers list is increasing every day?
[14:47] Sachin : abhi rm sher dahaad maar raha hai 🙂
[14:47] r m: @Kris, must be silent followers 😀
[14:48] r m: or silence followers!
[14:48] Sachin : hope its not silencers 🙂
[14:48] Shai C: NF march is increasingly showing green
[14:49] Shai C: and BNF march showing red
[14:49] Kris 1: Shai is really pouring water on my ambitions!
[14:49] Kris 1: it might more or less mean a volatility crash rather than market crash 🙁
[14:52] r m: Shai said yesterday that volatility crash will come around 12:00 tomorrow
[14:52] r m: book your profits before that 🙂
[14:53] Sachin : Kris – Shai mentioned one rally is due pre-budget or post-budget … ek chhotasa rally banata hi hai boss for PC's friends to sell-out 🙂
[14:53] Shai C: ideally speaking a straddle write would have been a better trdae
[14:53] Kris 1: @Shai – which is?
[14:54] Shai C: but considering a 3% move in past many years that is not feasible tom as it ios expiry
[14:54] Sachin : think Shai is in Holi mode .. carrying just bucket of water 🙂
[14:54] Kris 1: let us look for a rally between 300-310
[14:54] Shai C: No- am firm that long strdlle is better play tom than short
[14:54] Kris 1: @Sachin – what else did we get today?
[14:54] Shai C: just 'cos it is expiry
[14:55] r m: @Sachin, Holi is during March expiry 🙂
[14:55] Shai C: vix may collapse max 20%
[14:55] Kris 1: yes Shai – any bias you have? atleast 60-40 would do 🙂
[14:55] Shai C: but move is 3-5% directional
[14:55] Sachin : i know rm – but, Shai is throwing water after water 🙂
[14:56] r m: advance preparation maybe 🙂
[14:56] Kris 1: @Sachin – true – I would have wanted him to throw red water!! – holi hai na 🙂
[14:56] Shai C: and add an inside day to budget + expiry and we have a cocktail
[14:57] r m: a very strong one indeed 🙂
[14:58] Kris 1: these Rumors of Minister's son on longside – somehow do not make sense to me – if it is – they can buy some PE now – and make budget in a way to touch 5555 – and still recover all the money – isnt it? 🙂
[14:58] Shai C: 5796 is the emerging 2 day vwap
[14:58] Sachin : Minisiters son long side? .. i thought they were lways on the wrong side 🙂
[14:59] Shai C: sl can be kept at 45 for the straddle
[14:59] r m: why should a congress minister's relative waste money on buying puts and calls, they have far more cheaper ways of making money 😀
[14:59] r m: Thanks Shai
[15:00] Sachin : Shai – u may not hv trust in ur mentor but, i believe in PC 🙂
[15:00] Sachin : kal kuch to phatega 🙂
[15:01] Kris 1: hmm… Rm – can you tell me what happened in the last few minutes against 5700PE march?
[15:02] r m: sure Kris
[15:03] Sachin : Kris- close blw 5800? Ministers son must hv bought CE? 🙂
[15:03] r m: @Kris, last half an hour the OI has gone up by 1 lakh
[15:04] Kris 1: @Rm – done two rounds of 33-38 and 33-40 in 5800PE
[15:04] Kris 1: closed all positions!
[15:04] r m: wonderful Kris 🙂
[15:05] Sachin : nicely done Kris .. hw do u manage that?
[15:05] Kris 1: I am reasonably confident that tomorrow morning we will get the same prices!
[15:05] r m: @Sachin, Kris is a topnotch tape reader, He should have been a pit trader 🙂
[15:06] Sachin : somehow Jesus & Krishna are always compared … so, must be Jesse & Kris 🙂
[15:06] r m: lol
[15:06] Kris 1: if I get my price of 33 again – I will buy PE again.
[15:06] Kris 1: otherwise – let us decide tomorrow morning!
[15:06] r m: ok
[15:07] Kris 1: @Shai – if 160 is the target – why not 5700PE and 5900CE – together at 18?
[15:07] Sachin : Kris – abv 5800 again, guess ur going to make the most of the PE 🙂 … hell with Ministers son 🙂
[15:07] Kris 1: we can have zero SL – and – 60 target – isnt it?
[15:08] r m: that seems a good idea to me
[15:08] r m: should get that much cheaper tomorrow at open
[15:08] Kris 1: yes Rm
[15:09] Sachin : so, we do that tomm is it?
[15:09] Kris 1: if we can time it – even the 5800CE+PE should be available at 50-55
[15:09] r m: ok
[15:10] Kris 1: POC close will be nice!
[15:10] Kris 1: I can carry some PE home!
[15:10] Sachin : why?
[15:10] Sachin : ok
[15:11] r m: @Kris, 5700PEMAR last 5 minute additions 12k, 18k, 13k
[15:11] Kris 1: @RM – Shai did not consent – so some loophole in the logic!
[15:11] Kris 1: *my logic
[15:12] Kris 1: @Rm – thanks – thought it is carrying some attention!
[15:12] Kris 1: so – thought – why not join the bandwagon there 🙂
[15:13] r m: 🙂
[15:13] Kris 1: had to make a couple of calls to stop that 5848 in March series!!
[15:14] Kris 1: otherwise Shai may get in the way 🙂
[15:15] Kris 1: hmm… retail shorts piling in NF?
[15:16] Kris 1: hey – moneycontrol says midcap crash due to insider trading – what are midcaps? what is insider trading? 🙂
[15:16] r m: lol
[15:17] r m: @Kris, on your behalf i told Sachin that you don't know anything about midcaps, now don't prove me wrong 🙂
[15:17] Kris 1: yes Rm – I read that – I am trying to substantiate your statement – hence the questions 🙂
[15:18] r m: lol
[15:18] Sachin : hmm … 🙂
[15:18] r m: i thought that you knew only two names in indian stock exchanges Nifty & Banknifty 🙂
[15:19] r m: but you were caught trading SBI the other day, so maybe i was wrong 😀
[15:19] Sachin : Shai – 3-4% will be nice ..
[15:19] Kris 1: yes Rm – just only those 2!!
[15:19] Sachin : tomm i mean
[15:19] Kris 1: but I occasionally visit moneycontrol…
[15:19] Kris 1: and – any suggestions there – I follow them religiously!!
[15:20] r m: good comic strip that one 🙂
[15:20] Kris 1: exactly in the opposite direction ofcourse 🙂
[15:20] r m: 🙂
[15:21] Sachin : what happened to Mar Delta?
[15:22] r m: it was shocked by USDINR delta 🙂
[15:22] Sachin : Kris – u cud hv had 5900 straddle at 30, if u wud've hold just some positions instead of complete profit booking
[15:22] Sachin : currently at 120 🙂
[15:23] Sachin : long day tomm .. need ome rest now 🙂
[15:23] Kris 1: @Sachin – no point regretting – I had 5900PE at 26 – today it traded at 150!
[15:23] Sachin : *some
[15:23] Kris 1: being popcorn trader – I can not regret pumpkins!!
[15:24] r m: @Kris, but you get so must have made popcorns out of that PE some 10 times na 🙂
[15:25] Kris 1: popcorns should not be counted!!
[15:25] Sachin : later folks … Kris – carrying only PE?
[15:25] r m: true!
[15:25] Kris 1: Woman's age, Man's salary, Popcorn count should not be asked!!
[15:25] r m: lol
[15:25] Kris 1: @Sachin – preferably PE – but I guess we will get a flat open.
[15:26] Kris 1: will be nice if Shai can confirm
[15:26] Kris 1: so – we should be getting the same PE at cheaper price.
[15:26] Sachin : now we hv three categories — woman, man & trader 🙂
[15:27] Kris 1: @Sachin 🙂
[15:27] Sachin : thats cos of Kris comment … traders popcorn shud not be counted 🙂
[15:27] r m: that 5800PE OI is going down fast as per intraday data
[15:28] r m: but i guess that data moves to and fro with miniscule price movements
[15:28] Kris 1: tmrw should be interesting day!!
[15:28] Shai C: NF delta also reduced
[15:28] Shai C: march
[15:28] Kris 1: @Shai – flat open possible?
[15:28] Shai C: yes
[15:29] Kris 1: thanks!
[15:29] Kris 1: I am going without positions.
[15:29] Shai C: some1 cut a lot of intra longs
[15:29] Shai C: in NF march'
[15:29] Kris 1: @Shai – must be someone you know 🙂
[15:30] Pasi C: bye all
[15:31] Dr B: shai,today your views on crude and ng?
[15:31] Shai C: sure dr will update
[15:31] Kris 1: @Rm – can you paste my message at 13.47
[15:32] Kris 1: at POC in NF – 🙂
[15:32] Kris 1: we got 13 points in 5800PE!!
[15:32] Kris 1: well – not for my boasting – but – just to show how brilliant delta is!!
[15:34] Shai C: Kris will post all the transcript on the blog
