Trading room today

 

 

[08:40] r m: Good Morning folks!
*** Shai C, Welcome to the Vtrender conference room!
[08:51] Shai C: GM all
[08:54] Pasi C: GM all
[08:55] Bipin N: GH shai…newbie
[08:56] Bipin N: Shai a question
[08:56] Kris 123: GM All 🙂
[08:58] r m: Hi Pasi, Bipin, Kris 🙂
[08:59] Kris 123: Hi rm 🙂
[09:02] Bipin N: if any kind person here could help me 🙂
[09:02] Bipin N: dont have a phone thats compatible with the sms's
[09:03] Bipin N: and have downloaded tweetdesk but does it give any beep etc when i receive a tweet?
[09:03] Pasi C: yes Bipin
[09:04] Bipin N: a beep or orange colour etc?
[09:04] Bipin N: if it is minimised
[09:05] Pasi C: u will get Beep and a pop up
[09:05] r m: @Bipin, it gives you a bird's chirping sound 🙂
[09:05] Bipin N: golly…a chirping sound
[09:06] Bipin N: thanks guys
[09:06] Bipin N: how do i request admin to add my twitter handle..here?
[09:06] r m: just mail Shai
[09:07] Bipin N: ok
[09:08] Shai C: Hi Bipin
[09:08] Shai C: Welcome aboard
[09:09] Shai C: looks like a flat open
[09:09] Shai C: a move above 5123 will give it a slight up bias
[09:09] Shai C: 5090 is breakdown
[09:12] Bipin N: Shai kindly check your mail…have requested to add on twitter
[09:14] Rahul Goel: Hello all GM
[09:14] r m: Hi Rahul 🙂
[09:14] Rahul Goel: Hello shai, rm , bipin, pasi and kris
[09:15] Pasi C: Hi Rahl
[09:15] Pasi C: *Rahul
[09:15] Bipin N: hi Rahul
[09:15] Kris 123: Hi Rahul 🙂
[09:16] Rahul Goel: pasi 😀
[09:18] Shai C: Bipin- added
[09:18] Shares Trader: GM ALL
[09:19] Kris 123: GM ST 🙂
[09:19] Shares Trader: hi Kris..i suppose u bought calls 🙂
[09:19] Kris 123: Buy at open gave some good things in 5100CE – from 37.5 to 46
[09:20] Kris 123: now- rest trailing at 40 – so trade is safe!
[09:21] Shai C: 5100 has still 70 bucks of premium
[09:21] Shai C: 5100 june
[09:21] Kris 123: @Shai – not going to relent till the entire thing is sucked out? 🙂
[09:22] Shai C: it's a good deal even now at 70
[09:22] r m: yesterday POC and vwap are high up in the sky, may be a visit there? 🙂
[09:22] Shai C: if you don't want to go naked, then convert to a calendat sread by buying jult 5100 ce- pe
[09:22] Shai C: *calendar spread
[09:23] Shai C: mkt knocking at 5122
[09:23] Shai C: acceptance over 5122 reduces risk of fall
[09:25] Kris 123: @Shai – you are saying that expiry will be between 5040-5160! – very important statement – I am playing for bigger range 🙁
[09:25] Shai C: No I'm just saying hold till expiry morning
[09:26] Shai C: the july buy straddle covers the risk
[09:34] Pasi C: vwap band IBH r together any significance?@kris
[09:35] Kris 123: @Pasi – Shai and RM have clarified that at the end of IB, on all normal days – they will be together!
[09:35] Pasi C: oh ya
[09:36] Shai C: not staying abv 5122
[09:39] Kris 123: @Shai – where is IB low in NF? – near pdl?
[09:40] Kris 123: and – then – do we call this OAIR? – which means – break of range is a trade?
[09:42] Shai C: yes
[09:44] Kris 123: @Rm – look at it – Shai has a way with words – I posed multiple questions – he answered with a single word!! :):)
[09:45] r m: that is because you made his job simple by asking an objective type of question with easy choice of answers 🙂
[09:45] Pasi C: the sum n numbers will b a single number@kris
[09:45] Pasi C: *sum of
[09:47] Pasi C: *sum of
[09:47] Pasi C: *sum of
[09:47] r m: doing some complex sums pasi? 🙂
[09:47] Pasi C: 🙂
[09:54] Pasi C: seems oh due to network problem my message relicated n number of times but still intend single meaning  🙂
[09:54] r m: one GOD principle? 😀
[09:55] Kris 123: @Pasi = we understand – it is like – even if you tell 100 times – it is equal to saying one time :):)
[09:55] Shai C: No OTF in the IB
[09:56] Shai C: blame it on the 5100 writers
[09:56] Pasi C: buying 5100 CE with kris SL 40 ("vinadagu nevvaru jeppina")
[09:56] Shai C: heaviest rollover of the past 3 months in this 5040- 5180 range
[09:56] Shai C: looks like will be an exciting july
[09:57] Kris 123: @Shai – I have been blaming the 5100 writers from atleast 1 week before – no one trusted me 🙂
[09:58] Kris 123: @Rm – see – Pasi wants to appear as if he is listening to me – but in reality what he is doing is – he wants to listen at a time when he wants to 🙂
[09:59] r m: lol
[09:59] Kris 123: @Pasi – kidding – any way – a general piece of info about my trading – I consider time as a very important part of trade – almost equaling price!
[10:00] Pasi C: 🙂
[10:01] Kris 123: For example – the same trade that I was taking earlier – I did not take this time – because – it is 10 – and – an IB range extension can come after 9.45 – so I rather wait than take any position between 9.45-10.15
[10:01] Kris 123: … to continue on that –  if the IB range extension starts to happen – I take positions only between 9.45-10.15 – generally in the opposite direction –
[10:02] r m: Rollover report from ICICIDirect,  NF – 33%, BNF 27%
[10:02] Pasi C: IB range not extending na
[10:02] Kris 123: – To conclude – the direction and my willing to take the trade depend greatly on time – not just price!
[10:04] Pasi C: no witness of IB extension after 9:45 so long not suggestable?@kris
[10:04] Kris 123: it did not – luckily – but when you took the trade- it was falling – and – it could easily have gone up to IB low and a bit more – hitting your sl – and – then returning to IB high and above!
[10:04] Kris 123: @Pasi – the absence of evidence is not the evidence of absence 🙂
[10:05] Pasi C: then what is absence of evidence?
[10:05] Kris 123: IB extension
[10:06] Pasi C: isnt it not the evidence of absence?
[10:06] Kris 123: no
[10:07] Pasi C: hey u also practising single word answers    smart work..
[10:07] Deepak C : hi kris, what other times and infos r important to u ?
[10:07] Kris 123: @Pasi – a friend told me in the morning that – the smartness is not in the answer – but in the question – so I attribute all the smartness to you! 🙂
[10:08] Pasi C: it was in the morning .I believe it keep changes on time time
[10:09] Pasi C: *time to time
[10:09] Kris 123: @Deepak – 9.15-9.20, 9.45-10.15, 12.30-12.40, 14.30-14.40, 14.55-15.10 are some of the times I curiously watch –
[10:10] Kris 123: ofcourse it does not mean other times are not important – but above zones interest me
[10:11] Deepak C : can u give it to words as what info to u see at those times
[10:14] Deepak C : sorts of reversals , i think , kris ?
[10:14] r m: 10:12:44 5105.00 71700, biggest tick so far
[10:15] Kris 123: @Deepak – I generally am known to think loud here in the room – but – in general – yes – reversals – but – will keep sharing – if I observe anything in those times! 🙂
[10:16] r m: @Deepak, some of the Kris's old teachings are documented here, not updated since a long time though – the manager (Girish) being absent mostly 🙂
[10:16] r m: https://docs.google.com/spreadsheet/ccc?key=0AkRMNOutgho8dGtlczJfSGxyYjhRek5ocXJES19nMWc&hl=en_US#gid=0
[10:16] Kris 123: @Pasi – this was my worry – when you said you are going long!
[10:17] Deepak C : ok kris, thnx, i too will try to be attentive at those times
[10:17] Kris 123: btw, I bought the CE back at 39 again.
[10:17] Deepak C : thnx a lot rm
[10:18] r m: @Kris, any SL in mind, or open mind ? 🙂
[10:20] Kris 123: @Rm – oh! did not think about it 🙁 – but – now that we finished IB – and pdl and Ibl being so close – some points below it should be fine – right? 🙂
[10:20] r m: Thanks Kris 🙂
[10:20] Deepak C : fandu gyan hai, thanx rm again and Kris
[10:20] Kris 123: @Rm – you may want to use Shai's 5092 as some reference level – if you want to 🙂
[10:20] r m: @Deepak, your thanks diverted to Kris and Girish, I am just the messenger 🙂
[10:21] r m: Thanks Kris, that is a good idea
[10:22] Kris 123: @deepak – welcome – they are actually recording of some observations – which I still utilise in my trades – explore – and share your observations/feedback if any!
[10:22] Deepak C : k
[10:28] Kris 123: @Rm – what I added at 39 – now will trail at 43 – vwap around  – and Shai says OTF is missing – and he says he wants to eat another 70 🙂
[10:29] Kris 123: moved it to 45
[10:29] Pasi C: Good trade kris
[10:29] r m: Thanks Kris, part booked at 45, rest trailing at 45 now 🙂
[10:31] Kris 123: peanuts – but – that is what I can trade 🙂
[10:31] r m: so icicibank fooled by going below IBL first!
[10:31] Kris 123: let me cover BN a bit here – vwap band trade – 100 points given.
[10:32] r m: congrats man, great trade 🙂
[10:32] Shai C: BN did 90 points
[10:33] Kris 123: @Shai – yes – I am little inaccurate with my math – dont mind – take it in the spirit of the direction of the trade- and – if you want to – with a spoon of salt :):)
[10:34] r m: @Kris, you need to take lessons from Pasi in complex sums 😀
[10:34] Pasi C: 🙂
[10:35] Shai C: @Kris, i did not see your comment abv
[10:35] Shai C: 🙂
[10:36] Kris 123: @Shai 🙂
[10:37] Kris 123: @Deepak – there is a "swipe trade" that is there in the sheet – if BN tests vwap now, and bounces above vwap again – it will be eligible for a long using that setup!
[10:38] Kris 123: we need 20-30 points below vwap for BN and – 8-10 points for NF – to be considered a real swipe.
[10:39] Kris 123: That is – we should move that much below and move above vwap again!
[10:40] Pasi C: here is a "swipe trade" that is there in the sheet -which sheet kris
[10:41] r m: @Pasi, [10:16] r m: https://docs.google.com/spreadsheet/ccc?key=0AkRMNOutgho8dGtlczJfSGxyYjhRek5ocXJES19nMWc&hl=en_US#gid=0
[10:41] Kris 123: https://docs.google.com/spreadsheet/ccc?key=0AkRMNOutgho8dGtlczJfSGxyYjhRek5ocXJES19nMWc&hl=en_US#gid=0
[10:41] Kris 123: thanks Rm 🙂
[10:41] r m: 🙂
[10:41] Kris 123: it is a set of setups that I use to take trades!
[10:42] Pasi C: thx rm &kris
[10:43] Pasi C: thx kris
[10:44] Kris 123: let me put a standard disclaimer: it is not the list of all setups that I trade – further – they are not the setups that I always trade . However, those setups are quite profitable – easy to understand and initiate!
[10:44] Kris 123: 🙂
[10:45] Deepak C : i was a bit away, and actually couldnt understand ur 'swipe trade' till u actually explained it realtime, thx
[10:46] Bipin N: guys, due to a weak wifi am not able to access the prime level notes.Should I then treat the PP0 as entry,PR1 as 1st tgt and PS1 as sl. Just bear with me for today,when my regular net is up, wont ask these silly questions.
[10:47] r m: @Bipin, which scrip you want the prime levels for? will type here in the chat box
[10:47] Bipin N: nifty bnf
[10:47] r m: ok
[10:48] r m: NF 5217-5182-5147-5112-5077-5042-5007 begining with pr3
[10:49] Bipin N: r m thanks a lot
[10:49] r m: BNF 10240-10126-10012-9898-9784-9670-9556
[10:49] Bipin N: my question was how do i treat the prime levels
[10:49] Bipin N: thanks rm
[10:50] r m: i thought  you were not able to access the FDN sheet 🙂
[10:50] Bipin N: the notes about how to treat them
[10:50] Bipin N: the sheet i received in my mail
[10:50] Bipin N: not able to access premium rooms
[10:51] Bipin N: any help r m?
[10:52] r m: i don't think they are used for entry Bipin
[10:52] Shai C: Bipin prime levels work well with OF signals
[10:52] Shai C: they are used for  Sl and tgts
[10:53] Shai C: u may have recieved a mail for access to the premium site
[10:54] Bipin N: no not yet Shai
[10:54] Shai C: Bipin will help you out- come to the private chat
[10:55] Shai C: 26 point IB
[10:56] Shai C: BN back to IBH and vwap
[10:56] Shai C: 2 times the NF has come back from 5122
[10:57] Kris 123: [10:37] Kris 123: @Deepak – there is a "swipe trade" that is there in the sheet – if BN tests vwap now, and bounces above vwap again – it will be eligible for a long using that setup!
[10:57] Shai C: was given in pre mkt- [09:09] Shai C: a move above 5123 will give it a slight up bias
[10:57] Shai C: should tgt 5144 abv 5123
[10:58] Kris 123: well – it took 20 min – and – 40 points in BN!
[10:58] Shai C: abv 9973, tgt 10008
[10:58] Kris 123: and – now that the swipe is done – we should target bigger things – mainly – if NF also goes above vwap!
[10:59] Shai C: tgt 10008/ 10040
[10:59] Shai C: as profile up is thin from yesterday
[11:00] Kris 123: If my manager is around – he would say BN is bullish – vwap and IB high are close!
[11:01] Deepak C : haath pakar ke samjhane ke liye thnx kris
[11:01] r m: icici jumps again
[11:02] Shai C: if the seller from yesterday has intent , he will try to come back around 5144/ 10008 if and when we get there
[11:03] Shai C: otheriwise it's bull all the way as long as 5123 is protected
[11:06] Shai C: 20 point diff in NF premiums and nil in BNF
[11:06] Shai C: actually 8 points
[11:07] Shai C: all stops hit for longs/ shorts
[11:08] Kris 123: @Deepak – from the vwap – you can see BN did 50 points already – and it should do more – but trailing the position should be safe!
[11:08] r m: 11:07:00 5126 121000
[11:12] Shai C: 519 contracts at 5126-29
[11:12] Shares Trader: tht lookd sellers
[11:13] Kris 123: @St – most of my day is done – feel free to take it any where 🙂
[11:13] Shares Trader: 😀
[11:14] Kris 123: I could trade 3 rounds of 5100CE from 39-41 to 47-50 range!
[11:14] Kris 123: peanuts – but I am happy with them – I have no bigger ambitions in life 🙂
[11:14] Pasi C: no laluch for umar kris
[11:14] Shai C: @ ST have to be careful with these algos around expiry
[11:15] Shai C: could be rollovers giving volumes
[11:15] Shares Trader: u r rt shai
[11:17] Kris 123: @ST – fear and greed are two sides of the same coin – I want to err on the side of fear – than on the side of greed – nothing great about it 🙂
[11:17] Kris 123: What is evident is my fear – nothing else 🙂
[11:18] Deepak C : tnx for [11:08] Kris 123: @Deepak – from the vwap – you can see BN did 50 points already – and it should do more – but trailing the position should be safe!
[11:22] Kris 123: I dont know if my bias is making me blind – but I saw some 5200CE buying!!
[11:28] r m: @Kris, 5200CE had good volumes @ 9.45, 60450 in a single tick at 11:07:40
[11:29] r m: that corresponds to NF algo at 5129
[11:29] Shares Trader: thts same time with algo in NF
[11:29] r m: yes
[11:29] r m: Hi ST 🙂
[11:29] Shares Trader: nw im kinda sure sellers algo
[11:29] Shares Trader: hi RM..  🙂
[11:30] r m: you mean they bought insurance with 5200CE ?
[11:30] Shares Trader: did u chk NT/Manshi on diff Pc ?
[11:30] r m: @ST, will do later this week
[11:30] Shares Trader: k.i meant sellers in NF
[11:31] r m: ok
[11:35] r m: 2IB in BN
[11:35] Shares Trader: gone stop in shorts
[11:40] Rahul Goel: shai can u put up crude charts for a minute just want to take a note of vwap
[11:42] Shai C: sure
[11:42] Shai C: when crude and copper are up- equities move up
[11:43] Shai C: 9999
[11:43] Rahul Goel: shai can we buy crude now
[11:43] Rahul Goel: above ibh, vaha nd buy of
[11:44] Shai C: yes it's a buy
[11:46] Rahul Goel: these days the volume in crude is very high compared to 2 months back
[11:46] Shai C: yes
[11:46] Rahul Goel: i usually see around 270-280 for the last few days
[11:47] Shai C: 4587 is a possible tgt today in crude
[11:47] Rahul Goel: kept  a buy at ibh
[12:05] Shai C: Exit IBH longs in NF below 5115
[12:07] Shai C: NF at vwap/ dpoc
[12:07] Shai C: below vwap we have the IB play
[12:07] Shai C: Ib band play
[12:12] Kris 123: back
[12:13] r m: this one looks like a vwap swipe ?
[12:14] Kris 123: yes rm – I dont know if I know it – but NF looks like it is making "higher lows" – it means bullish for many traditional TA – I think 🙂
[12:15] r m: also bn vwap above IB area – Girish's book says that is bullish, with vwap in nf also upward  inclined
[12:15] Kris 123: and – to conclude – to add MLMT comment on me – He said – I will look for things which I want to look at 🙂
[12:29] Kris 123: so – my bullishness might be biased – and may not be really relevant 🙂
[12:30] Kris 123: Shai unless he takes the entire juice out of 5100CE+PE – does not look like relenting!
[12:43] Shai C: it's still up at 70 +
[12:43] Shai C: covering 5030- 5170
[12:53] Kris 123: back
[12:53] Kris 123: looks a quick swipe aross vwap to eat both sides sl
[12:54] Shai C: across europe euro doing well by staying above 1.2470 today
[12:57] Shai C: usdinr back in ib
[12:57] Shares Trader: tht algo short ate my stops fr few ticks n thn back down again 🙁
[12:58] Shai C: that point range from 10.30 was just broken
[12:59] Shai C: and we are bavck in again
[13:00] Shai C: profile is still in the thin area of yesterday on poor volumes
[13:01] Shai C: think es has decided to move up tonight
[13:01] Shai C: 3 days – 50 points lost in es all thanks to GS
[13:04] Shares Trader: hey guys..im lil confused btw samsung galaxy note n S3..wch one i shd go for ?
[13:05] Shares Trader: anyone using S3 ?
[13:06] Shai C: s3 is the better one
[13:07] Pasi C: I have note ST
[13:07] Pasi C: s3 Higher version than note?
[13:08] Shai C: yes
[13:08] Shai C: U happy with your battery?
[13:08] Pasi C: but smaller in size isnt it?@shai
[13:08] j w: s3 is a better s2
[13:08] j w: note is something between tablet and a phone
[13:08] Shai C: yes scrren size is bigger in note
[13:08] j w: need a slightly bigger pocket for note
[13:09] j w: better browsing & reading on note
[13:09] Pasi C: note is not for phone purpose
[13:09] Pasi C: if u use internet at office/home/car it will be good
[13:10] Shai C: watch euro here a quick move of 40 pips possible to 1.2580 above 1.2540
[13:10] Shai C: bullish for glabal equities
[13:10] Pasi C: NOW BUY FOR 5144/@SHAI
[13:11] Shai C: yes
[13:12] Shai C: algo 10005
[13:12] Shai C: can go to 10040
[13:16] Shai C: tsl is 9995 just below that algo
[13:16] Shai C: too tight, but possibility of rejection is also high
[13:17] Jiignesh  -: tweet karna chahiye na to me bhi long karta
[13:17] Jiignesh  -: 🙂
[13:18] Shai C: @Jignesh, the day you start day trading, then NSE volumes will sky rocket
[13:18] Jiignesh  -: lol
[13:19] Shai C: a buy should come if we sustain here
[13:19] Jiignesh  -: I am fii…
[13:19] Shai C: imm tgts would be 10080 for that
[13:20] Jiignesh  -: OF line show
[13:20] Jiignesh  -: show OF line in BN
[13:20] Kris 123: @Shai – isnt it too close – give another 10 points to swipe below VAL once 🙂
[13:22] Jiignesh  -: TY
[13:23] Shai C: Kris just a scalp- mkt not going anywhere
[13:23] Kris 123: @Rm -see – Shai is so confident about 5100 writers 🙂
[13:28] Kris 123: @Shai – is it a safe trade to take NF sell below vwap – for IB band?
[13:31] Shai C: @ Kris, the mkt decided not to go anywhere when you said you had done trading for the day
[13:31] Shai C: [11:13] Kris 123: @St – most of my day is done – feel free to take it any where 🙂
[13:31] Shai C: 🙂
[13:32] r m: 🙂
[13:32] Shai C: USDINR
[13:32] Shai C: 56.82 LVN is a tgt
[13:33] Kris 123: @Shai – you meant this = [11:13] Kris 123: @St – most of my day is done – feel free to take it any where 🙂
[13:33] Kris 123: 🙂
[13:34] Shai C: I was 2 mins faster !![13:31] Shai C: [11:13] Kris 123: @St – most of my day is done – feel free to take it any where 🙂
[13:34] Kris 123: @Shai – I did not find your pasting it 🙁 – hence pasted it 🙂
[13:35] Kris 123: may be when I was finding it – it appeared and scrolled up!
[13:35] Shai C: yes it may have borrowed your fast fingers
[13:36] Kris 123: @Shai – still I think we have a chance to breakout – that is why I was suggesting BN SL is too close.
[13:36] Shai C: yes looks likely
[13:36] Kris 123: @Rm – for a change I started to think longer time frame and bigger stop loss – and Shai is taking popcorn trades 🙂
[13:37] r m: lol
[13:39] Shai C: there can be short covereing abv 5143
[13:39] Shai C: euro at 1.2540
[13:40] Kris 123: @Shai – 80% via short covering? 🙂
[13:45] Kris 123: @Deepak – if you are around – a small update on the swipe trade.
[13:45] Shai C: yes it's yesterday's seller at the SP
[13:46] Pasi C: more steam or enough done in NF?@shai
[13:46] Shares Trader: Shai , if 5125 survives can we expect  5158-60
[13:46] Kris 123: Look at how the swipe occurred only once at the vwap for both NF and BN – and then all the remaining dips are much less than that – typical of swipe – according to my observation – both BN and NF should close at day highs – let us see.
[13:48] Shares Trader: right ? ..my last msg ws Question to Shai..nt comment 😀
[13:49] Kris 123: @ST – my last statement was a continuation to my earlier statements to Deepak – ignore them 🙂
[13:49] Shares Trader: 🙂 nt worth ignoring
[13:49] Shares Trader: hahha
[13:50] r m: 🙂
[13:54] Deepak C : a typical dip for 'swipe' sud be 40 pts in bn & 20  pts in nf, have i got right kris ?
[13:56] Kris 123: @Deepak – it is on the higher side – I would prefer half of them – where I start making my sells/purchases.
[13:56] Shai C: ST shorts were in at 5143 yesterday- abv that 5157/ 5181
[13:57] Shai C: @ST- shorts…
[13:57] Kris 123: I generally do it in 2-3 phases – first part at the touch – second at 20/10 – third at 40/20 – if I retain my bias that it is a swipe
[13:57] Kris 123: @Shai – nothing wrong in the first statement as well – it is statistically measured that ST covering the position generally produces 48-54 points 🙂
[14:10] Shai C: BN dropping
[14:14] Kris 123: Another swipe done – not typical – but –  what to do – 5100 writers assumed larger than life posture on the series! 🙂
[14:14] Pasi C: [13:31] Shai C: @ Kris, the mkt decided not to go anywhere when you said you had done trading for the day
[14:16] Kris 123: Buying 5100CE at 36
[14:16] Kris 123: I should trust the 5100 writers a bit!
[14:21] Kris 123: 5100CE+PE from 70 came down to 64 – Shai is unrelenting!
[14:22] r m: @Kris, i won't be surprised if NF expires dot at 5100, ye log kisi ko chavanni bhee nahin kamane denge 🙂
[14:25] Shares Trader: nw expiry is 3days away..premium wil decay faster..evry hr i guess
[14:26] Shai C: that last bit of selloff was on the news of spain's auctions
[14:27] Shai C: es came down from 1312 to 1308
[14:27] Shai C: euro from 1.253 to 1.250
[14:30] Shai C: another fat thick profile today
[14:31] Shai C: BN is in danger of going down further
[14:34] Shai C: trade has struggled all day to hit objectives today
[14:36] Shai C: From Viren- Nifty at HVN 5117 ( +/-). Immediate swing move is uncertain. Staying on the sidelines.Return of capital is more imp than Return on capital
[14:36] Shai C: all people who stayed away much happier today
[14:41] r m: 2:40:10 5097.35 100350
[14:42] r m: below PDL
[14:42] Pasi C: good fall
[14:43] Shai C: if it climbs abv 5101 we see vwap again
[14:44] Shares Trader: 5105..algo bar high
[14:44] Shai C: 5103*
[14:44] Shares Trader: rt
[14:44] Shai C: yes 5105 is yesterday close
[14:45] Shai C: Bn is ready to rebound now
[14:45] Shai C: it's been local to local trading
[14:45] Shai C: all day
[14:45] Kris 123: we will not fall below 5092!
[14:46] Kris 123: then 5100PE will gain value – which Shai does not want!
[14:46] Shares Trader: i thought neutral extreme day.. bt looks lk wil end up neutral centra
[14:46] r m: 😀
[14:46] Kris 123: @ST – you mean 5118 close?
[14:47] Shares Trader: likly Kris
[14:47] Shai C: I switched to a calendar spread, s0 protected till 5030- 5180
[14:47] Kris 123: @ST – I somehow think that 5040 once will come – at this moment unable to decide if it is before expiry or after!
[14:47] Shares Trader: bt 5105 protecting… long with 5090 stop or short with 5105-07
[14:48] Shai C: [09:22] Shai C: it's a good deal even now at 70.[09:22] Shai C: if you don't want to go naked, then convert to a calendat sread by buying jult 5100 ce- pe
[14:48] Kris 123: @Shai – we read the update – 7 min into the open – and started trading for 5 points in options – so – has been a very satisfying day 🙂
[14:49] Shai C: euro's ability to stay abv 1.2470 today decides the fate of US equities
[14:50] Shai C: our traders should be happy with vwap/dpoc
[14:51] Kris 123: combo is 60 now – Shai is riding it from 140 🙂
[14:53] Shares Trader: omg…patience always pays..i heard tht nevr practiced 😀
[14:53] Shares Trader: option writers hv really gd patience
[15:02] Kris 123: @Rm – looks it is better to play for an expiry on the dot 5100!
[15:02] r m: yeah, see how they are drying them in the sun at 5100 🙂
[15:02] Kris 123: part booking at 36 – from 29!
[15:03] Kris 123: peanut munching!
[15:03] Pasi C: good trade kris
[15:03] r m: i got in late at 31 so took one more point at 37
[15:03] Kris 123: good!
[15:04] r m: Thanks man, Shai's and ST's comment on neutral center kept my hopes alive 🙂
[15:05] Kris 123: and not this? – [14:16] Kris 123: I should trust the 5100 writers a bit!
[15:05] r m: lol
[15:05] Kris 123: neither this? [14:45] Kris 123: we will not fall below 5092!
[15:06] Pasi C: BN booked@9956
[15:06] r m: yes, with all these in the background 🙂
[15:06] Kris 123: ok – vwap – I should follow Pasi – let me book more at 40
[15:06] Pasi C: -:)
[15:06] Pasi C: aap to bade log@kris
[15:07] Shares Trader: yes right..Kris gettign it right since monring…with all his Vwap band tardes ..gr8 Kris
[15:07] Kris 123: @Pasi  – I know that you are young energitic and charming like our RM – but do not make me old – for the sake of it 🙂
[15:08] r m: @ST, Kris is king of rangebound days 🙂
[15:09] Pasi C: lol
[15:09] Shares Trader: ys he is
[15:10] Pasi C: budda nahi ba bade
[15:13] Kris 123: see how beautifully range is played our – we tested IB low once – and back to IB high – play the range – and go home contented 🙂
[15:14] Kris 123: popcorns are great food – once you start eating them!
[15:14] Kris 123: closed most at 42 – last – trailing at 39.5
[15:15] Kris 123: newer health research is stating that – instead of eating more food – less times – it is better – if we eat less food – more times!!
[15:16] Kris 123: moving tsl to 43 now.
[15:16] Kris 123: i cant book – so moving it too close.
[15:17] Kris 123: with 2 days to expiry – not much point in carrying an option!
[15:19] Shares Trader: bye all
[15:20] Kris 123: bye ST 🙂
[15:22] r m: bye ST
[15:26] Shai C: turning into a neutral extreme up
[15:26] Kris 123: most satisfying day – but Master did not say good work 🙁
[15:26] Shai C: Good work Kris 🙂
[15:26] r m: 🙂
[15:27] Pasi C: carry NF longs?@shai
[15:27] Shai C: yes system is buy
[15:27] Shai C: carry 50 % add at open if we stay up
[15:27] Kris 123: @Shai 🙂
[15:28] Kris 123: I was in and out for some part – had to take some calls instantly – without much time to think – and – some I had to assume that movement will be of a type.
[15:28] Pasi C: ok
[15:29] Kris 123: everything worked perfectly – on the expected lines!
[15:31] Pasi C: bye all
[15:31] Shai C: Bye all
[15:31] Kris 123: Bye All 🙂
[15:31] r m: Bye all 🙂