OrderFlow charts dated 24th Aug 2018

OrderFlow charts dated 24th Aug 2018

OrderFlow charts – 30 min duration of the Nifty and the BankNifty July Futures showing the Buy side and the sell side imbalances

08:57   Vtrender Live : (08:55) Vtrender Live: option charts – https://join.me/423-237-544
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09:00   Shai : (09:00) Shai : https://vtrender.com/evening-marketprofile-report-dated-23rd-aug/

09:19   Shai : (09:19) Shai : Intra – Buy banknifty 28062 sl of 27990 tgt 27180

09:25   Shai : (09:24) Shai : Intra – Part book BNF at 28120 and ride the rest at cost

09:29   Shai : (09:29) Shai : Intra day – Book the BNF fully at 28135-139 here

09:36   Shai : (09:35) Shai : Intra – Buy BankNifty again 28156 sl of 28065 tgt 28188

10:18   Shai : (10:18) Shai : Exit from the BNF longs at cmp here

10:58   Shai : (10:58) Shai : Positional update : hedge BNF longs with a 28200 call short at 87. Ratio 1:1.

12:51   Shai : (12:51) Shai : Intra – Keep an NF short below 11547 sl of 11573 tgt 11506. cp 11552

13:12   Shai : (13:12) Shai : exit the Nifty shorts 11557 here

14:13   Shai : (14:13) Shai : Update – Manage the BNF longs with a new SL of 27805 for the weekend. Maintian the hedge.

14:36   Shai : (14:36) Shai : cover 28200 ce at 60 and short 28000 ce at 113. Rolling down strikes for Monday.

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09:00   Shai : GM all
09:00   Shai : https://vtrender.com/evening-marketprofile-report-dated-23rd-aug/
09:04   Manjunath : GM al…
09:04   Manjunath : GM all….
09:07   Uttam null : Good Morning All 🙂
09:09   TP : GM All.
09:11   Uttam null : hi Tej was looking at few stocks for weekly and monthly FA set ups and got couple of them this month
09:12   TP : Hi Uttam can post with charts on slack whenever you get time.
09:13   Uttam null : DLF and Infy gave a FA on monthly tf at 184 & 1347 and 1atr comes to 217 and 1452 both almost getting tagged
09:13   Uttam null : Maruti has given a weekly FA at 9050 so abv 9218 1atr comes to 9388
09:14   Tulajaram : Hello, G M all.
09:19   Shai : Intra – Buy banknifty 28062 sl of 27990 tgt 27180
09:20   Pradeep : tgt 28180?
09:20   Mihir : Yes 28180*
09:21   Pradeep : tdy it shld be rocking day 🙂 after the roller coaster of thursday expiry!
09:21   Pradeep : Shai: We are off to great start
09:24   Shai : Intra – Part book BNF at 28120 and ride the rest at cost
09:29   Mihir : Shai 🙂 KISS trade.
09:29   Uttam null : ORR in BNF Shai? ideal start to get to that positional tgt
09:29   Mihir : Entered positionals today morning.
09:29   Pradeep : Shai: Any new buying comingin BNF or this is all short covering?
09:29   Shai : Intra day – Book the BNF fully at 28135-139 here
09:30   Shai : early birds have got the worm 🙂
09:30   Mihir : 🙂
09:30   Uttam null : +1 Shai
09:31   Shai : Volume isn’t great to suggest big new buying- (09:29) Pradeep : Shai: Any new buying comingin BNF or this is all short covering?
09:32   Shai : was a relatively smooth up for the BNF green band and that 20k at the open
09:32   Shai : but you can see supply build up again here
09:32   Shai : 32k and 33k
09:32   Shai : buyers trying to counter again
09:34   Shai : NF looking better for 11622
09:35   Shai : Intra – Buy BankNifty again 28156 sl of 28065 tgt 28188
09:36   Pradeep : ok
09:36   Shai : tgt 28288
09:50   Shai : liitle bit supply persisting in BNF
09:50   Shai : but buyers should come bacjk at vwap
10:02   Mihir : Shai just to understand the auction a little better. We are seeing liquadition getting price down in the index right? There is no broarder selling happening in Index so far right?
10:17   Shai : vwap broke of a small drive by locals
10:18   Shai : Exit from the BNF longs at cmp here
10:18   Shai : 63K trapped buyer i NF also now
10:22   Shai : too many sellers in BNF now
10:22   Shai : should hit day lows on that failed defense of vwap
10:34   HK : GM all
10:34   HK : TP gets his 27970
10:35   Praneeth : GM All
10:36   Praneeth : spot well below 970
10:36   Shai : yes
10:37   Praneeth : shai, another 100 point down?
10:37   Praneeth : *post some pull back
10:37   Praneeth : 27830 is ~ 2IB
10:39   Shai : No
10:39   Shai : Pullback due
10:39   Himanshu : we are holding poistional longs in BNF ?
10:39   Shai : yes
10:39   Himanshu : ok
10:39   Sandesh : 28200 ce long @ 88
10:40   Mihir : Babaaaa 🙂
10:40   Mihir : Here after long.
10:40   Shai : NF is shoing buyers up already
10:40   Sandesh : 🙂
10:40   Shai : BNF shuld push back to vwap from here
10:40   Praneeth : ok
10:41   Mihir : greens back at dpoc.
10:41   Mihir : Just like yest.
10:41   Mihir : in NF.
10:42   Shai : buyers got overconfident…could not dfend vwap
10:42   Shai : all that red in BNF from vwap is a problem
10:43   Shai : 28100 ce has got a buyer now
10:58   Francis : for BNF Is 920 a valid ref HVN of 16 Aug and below that 750
10:58   Shai : Positional update : hedge BNF longs with a 28200 call short at 87. Ratio 1:1.
10:59   Shai : BNF has the added job of getting past 28120 F again after this failure this morning
10:59   Shai : we will keep the short call open for theta decay and also a hedge to the BNF long view
11:00   Shai : yes 910 is- (10:58) Francis : for BNF Is 920 a valid ref HVN of 16 Aug and below that 750
11:00   Francis : Thanks shai
11:02   HK : bulls doing a crappy job as option writers rule 🙂
11:05   Francis : Didn’t understand Failure of? if you can explain maybe later(10:59) Shai : BNF has the added job of getting past 28120 F again after this failure this morning
11:06   Uttam null : we had a ORR at open Francis and bulls had to defend vwap but they failed hence the failure
11:08   Mihir : Which bank is tanking the most today?
11:09   Shai : yes a drive has to be defended else brings day lows again
11:09   Shai : (10:22) Shai : should hit day lows on that failed defense of vwap
11:11   Francis : uttam today was OD na confusing and now we are extending below IB a bit confusing with the logic maybe will talk after market 😉
11:11   Mihir : Francis. OD invalidates if We break vwap. We might hit Lows. Which we did.
11:12   HK : crazy profile in BNF once again
11:12   HK : like a cricket bat
11:13   Mihir : Hope it makes a b till close.
11:13   Mihir : hehe Hk.
11:14   HK : single and mingle….
11:14   Mihir : I am loving this kind of day though.
11:39   HK : where is RK these days, not to be seen for a long long time
11:46   Francis : Got it upto DL, so after hitting DL it might attempt DH? :p asking logic(11:11) Mihir : Francis. OD invalidates if We break vwap. We might hit Lows. Which we did.
11:47   Mihir : Francis for bnf the shape of the profile is erratic. If the dlo holds it can keep coming upto the vwap and smoothen the profile. Keep one eye on the OF at important references.
11:49   Francis : Yes Mihir +1
11:50   HK : @Francis, please go through the BNf composite profile that Shai shared in slack, it will give you a better pic of what it is trying to do
11:50   HK : I mean, give us a larger picture why BNF is sideways in order to comple a bell
11:50   HK : bear with me if I am speaking out of turn
11:51   Mihir : HK 🙂 Come on. More the merrier.
11:52   Manjunath : +1 to Mihir & HK
11:52   Mihir : Yes francis PP bb giving us triple blips through the composite.
11:52   Mihir : bnf is just doing what it is good with.
11:52   HK : whenever I am not clear, I always step back and look at the weekly charts and it all becomes clear
11:55   Mihir : +1 Hk. things get clear from weekly perspective.
12:01   HK : SC coming in both, can be big in bNF
12:02   HK : Shai left the room?
12:05   Mihir : 627 I am anticipating today.
12:07   Mihir : HK going to Slack you for few questions.
12:14   HK : @Mihir, shorts need to be trapped as clearing starts today
12:15   TP : Shai’s 150 almost done below 975 spot in bn.
12:15   Praneeth : +1
12:15   HK : TP gets his targets in style
12:17   TP : Was not carrying anything in bn but almost cauht DL in 118k put at 197.4
12:19   Mihir : super tp.
12:23   Praneeth : 830 possible?
12:23   Mihir : NF going for that FA?
12:24   TP : yes Mihir let’s see if any biggie shows up.
12:26   Jayesh : FA at?
12:26   Mihir : 552 I guess.
12:27   Jayesh : yes saw that..thanks
12:31   Uttam null : 11553 if Rk was there in the room he would have mentioned yesterdays low was too mechanical so could get a revisit
12:35   Mihir : Thanks uttam
12:35   Mihir : Too mechanical meaning hard stop at a certain levels?
12:38   Uttam null : too mechanical meaning we only had locals playing yesterday who placed their entires just at that FA level so not a strong hand defending that levels
12:39   Mihir : Thanks uttam.
12:39   Mihir : 3 green bands.
12:46   Francis : Thanks HK and Mihir, was away then
12:47   Shai : 27820 next intra sypp in BNF
12:49   Uttam null : yes Shai +1
12:50   Praneeth : 2Ib also
12:50   Uttam null : prev week low and swing low also
12:51   Shai : Intra – Keep an NF short below 11547 sl of 11573 tgt 11506. cp 11552
12:52   Shai : short below this lows only*
12:53   Shai : NF short in
12:56   Uttam null : 11541 singles in NF so below that 11510 can come fast
13:03   TP : Uttam can you share bn weekly values.
13:06   TP : Shai any review in positional BN sl.
13:06   Uttam null : 27852-27916-28055 bnf
13:06   TP : tks uttam.
13:07   Uttam null : weekly we had overlapping value so 2 week comp has value at 27862-27948-28130
13:08   TP : +1
13:11   Shai : Its a hold with 27820 SL – (13:06) TP : Shai any review in positional BN sl.
13:12   Shai : exit the Nifty shorts 11557 here
13:12   TP : tks chief.
13:12   Shai : No sell volume below 11447 yet
13:13   Mihir : 77k greens at 551 levels. Looks like covered his shorts.
13:14   Shai : yes
13:14   Shai : could get sold again near 11570/ 78
13:14   Uttam null : 11541 was Monday’s singles
13:14   Mihir : Need to watch action below vwap.
13:15   Mihir : motabhai does the rescue act.
13:15   Mihir : nicely.
13:17   Mihir : Shai 28100 ce still being bought?
13:18   Uttam null : vix falling?
13:18   Mihir : Smoooth trade.
13:19   Mihir : Single defence == above 553.3 gets me 565.
13:19   Mihir : Half out half holding.
13:26   Praneeth : shai, bnf 27830 possible today?
13:28   Shai : yes that visit possible till we are below 28000
13:29   Shai : some covering finally – (10:42) Shai : all that red in BNF from vwap is a problem
13:29   Shai : 28005 res
13:30   Shai : if crossed turn of the sellers to run at close
13:30   Praneeth : thanks
13:31   Pradeep : when is a right time to go long on BNF?
13:32   Shai : intra?
13:32   Pradeep : yes
13:32   Shai : aggressive long here for 28000
13:33   Shai : sl day lows
13:33   Pradeep : ok
13:33   Shai : too aggressive a play though
13:45   Mihir : Also 930 has been the previous area of action.
13:46   Mihir : Can’t cross convincingly so far.
13:47   Mihir : Yay,
13:49   Uttam null : green box at 27900
13:51   Haresh Nathani : Hi was unwell hence out of work feling better hence just dropped in to see the mkt
13:51   Uttam null : hey Haresh get well soon
13:53   Mihir : Haresh take care.
13:54   Haresh Nathani : thanks Uttam, Mihir
14:00   Mihir : Sold around vwap (13:14) Shai : could get sold again near 11570/ 78
14:07   TP : bn dpoc shifting lower 980 <920 < 890 now ?
14:08   Shai : 920 now
14:08   TP : tks.
14:09   Shai : bulls will be happy if they keep this tail below 11550 at close
14:09   Shai : neutralises the one at 11622
14:10   Shai : BNF longs we have to manage with a hedge for Monday as anticpation is a test of 27820 once at lest lower
14:10   Shai : if not today
14:11   Shai : Monday morning sideways and then later we could start climbing again
14:13   Shai : Update – Mange the BNF longs with a new SL of 27805 for the weekend. Maintian the hedge.
14:30   TP : Is it Fryday closing hour …doesn’t seem like one 🙂
14:30   Shai : yes
14:31   Shai : they made merry in the B and C periods
14:31   TP : true.
14:31   TP : but still need the feel of friday .
14:32   HK : pls dont spike TP 🙂
14:33   TP : could spike HK.
14:34   Mihir : Half done (14:00) Mihir : Sold around vwap (13:14) Shai : could get sold again near 11570/ 78
14:34   TP : +1
14:34   Mihir : gets more legs below 552.
14:35   TP : BN in long SL hunt mode.
14:36   Praneeth : TP, 830 possible now?
14:36   Praneeth : 835 is 2IB
14:36   Shai : cover 28200 ce at 60 and short 28000 ce at 113. Rolling down strikes for Monday.
14:38   Shai : that BNF low is still unsecured
14:39   Mihir : TP now low you giving?
14:39   Mihir : NF?
14:39   HK : am long in nf
14:40   TP : Mihir am nil in NF/BNF now.
14:40   Mihir : Okay
14:41   Mihir : IBL my sl for rest. Shorted at vwap. ID.
14:54   HK : on OIAR days, if REs fail, Value areas come into play isn’t?
14:58   Praneeth : BN, spot and F would converge today?
14:59   Mihir : nf will try to make profile shape better.
15:01   Shai : NF doing okay
15:01   Shai : It’s the BNF which is a worry fr longs
15:01   Uttam : yes has been making value lower from 3 days
15:01   Shai : 27935 will be in focus on Monday at open
15:01   Shai : a quicj 200 point move o 27130 awaits f crossed
15:01   Shai : support still 27820
15:03   Mihir : Bnf is whiney shai.
15:03   Haresh Nathani : Shai did not understand the msg 27130 from 27935
15:03   Mihir : also because of the profile structure that you suggested 🙂
15:03   Uttam : HK has put his stamp on BNF today so hes ready to move it next week 🙂
15:04   TP : Haresh 28130 abv 17935.
15:04   Uttam : 28130 Haresh
15:04   TP : 27935
15:04   Uttam : fastest fingees as always Tej 🙂
15:04   Uttam : fingers*
15:04   Haresh Nathani : okies gotit
15:05   TP : that is becoz 0 positions Uttam 😉
15:05   Mihir : 24 mins show us your moves bnf.
15:07   HK : lol Uttam, posnl bnf stopped.
15:07   HK : forgot that today is a clearing day.
15:12   Mihir : Neutral day in nf?
15:12   Uttam : lets see what data we get from Suyod today
15:12   Uttam : Normal Variation in both
15:13   Uttam : Neutral when range extends both sides
15:14   Uttam : you plan to close abv 11605 Mhir?
15:15   Uttam : 15mins – 30 points 😉
15:15   Mihir : 587 for sure.
15:15   Mihir : 30 pts we’d need to pause the watch.
15:15   HK : waiting…..
15:16   Mihir : Mota bhai has flexed his muscles.
15:16   Mihir : Lets see.
15:19   Uttam : 11577 is wide POC of this week so close there looks like
15:19   Uttam : nice balance on weekly
15:19   Uttam : in NF
15:21   Uttam : BNF has done 3IB down on weekly so can expect a bounce
15:22   Mihir : Uttam do you see weekly FA at 380?
15:22   Mihir : NF?
15:22   Jayesh : in BNF mihir
15:23   Jayesh : ?
15:23   Mihir : 11380 in NF. week one of staying above that price.
15:23   Uttam : 11376 was weekly FA which did its 1atr at 11589 Mihir
15:23   Mihir : Okay. So that is taken care of.
15:23   Mihir : 6 min 12 pts.
15:23   Uttam : yep 2atr comes to 11707
15:25   TP : some big vol coming in NF.
15:26   Uttam : clearing as HK mentioned I guess?
15:26   Uttam : dpoc moves up in NF to 11573 from 11565
15:26   Uttam : matching up with the weekly poc
15:26   TP : yes
15:26   HK : one more day in this range in NF I guess
15:27   Uttam : yes HK 5 hours is what we can give BNF next week & then exect a good move
15:27   HK : before we take out the island guy
15:27   Uttam : expect*
15:27   HK : options are ground to chutney…
15:28   Praneeth : Bye all, have a nice weekend
15:28   Uttam : (15:19) Uttam : 11577 is wide POC of this week so close there looks like…high in NF 11575.8
15:28   TP : yes HK , range plus low vix.
15:28   Uttam : yes all straddles are headed lower
15:28   Mihir : super uttam.
15:28   Uttam : 11600 almost 50% down this week
15:28   Mihir : HK island guy sitting where?
15:28   Uttam : 1.95L red at that 11573
15:28   Uttam : got the dPOC up
15:28   HK : @mihir yday at 10622
15:29   Uttam : 11605 is the pink band
15:29   Mihir : excess.
15:29   Uttam : sorry 11610 & 11615
15:29   Shai : no big rolls today
15:29   Shai : Bye all
15:29   Uttam : close at dpoc
15:29   Mihir : have a nice weekend.
15:29   Uttam : 11573
15:29   Shai : Have a nice evening and a good wekend
15:29   Uttam : bye all 🙂 and thanks…have a lovely weekend
15:29   TP : Bye All.
15:30   Manjunath : bye all & nice weekend…cheers
15:32   Haresh Nathani : 195075 pink ?
15:32   Haresh Nathani : bye

10:55   Mihir : Shai ID views for hexa? Already in at 423 thanks.
11:03   HK : Shai, please review ICICIPRULIFE as important support at 383 broken – swing view pls
12:47   Gaurav : Shai Arvind can buy September?
13:42   Shai : icic pru could drop to 345 where the earlier buyers are there
13:42   Shai : larger range for nigger swing intact at 313 -453
13:44   Shai : with sl of 399 arvind could do 438 next month
13:45   Shai : watch the closing today…should sustain above 407 also monday
14:12   TP : Shai TATASTEEL for ID .
14:16   Shai : 578 intra res supp at 571
14:16   TP : tks.
14:23   Gaurav : Thanks Shai
14:35   Mihir : Shai swing views for yesbk for sept. Thanks.
14:50   Shai : yes weakende dtoday . may meet selling again o any probe to 388 again. if that comes should be near 346
14:51   Mihir : Thank you.
15:02   Gaurav : Shai Federal bank can hit 88-90?
15:13   Shai : No. not yet buying seen
15:24   Gaurav : Thanks Shai