OrderFlow charts and Notes 09/12

[08:54]   r m : Good Morning folks!
[08:54]   r m : http://vtrender.com/levels-and-plan-for-9th-dec/
[08:54]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0812/
[08:54]   Porus : GM all
[08:54]   r m : NF Hypo1 below 8483➜8448-8447➜8378 SL 8516 Hypo2 above 8516➜8547 SL 8495 DEC Future levels
[08:55]   r m : BNF Hypo1 below 18580➜18510➜18400 SL 18690 Hypo2 above 18690➜18774➜18860 SL 18635 DEC Future levels
[09:01]   Shai : GM all
[09:06]   Sharad : GM
[09:11]   Ravi V P : GM ALL
[09:17]   Shai : 8444 and 8399 spot are supports in NF
[09:17]   Shai : Looking for a bounce from these levels with a tight sl
[09:17]   Shai : resistance will be at 8515 F
[09:19]   Shai : buy abv 8465
[09:19]   Shai : (09:19) Shai :a quick long idea would be to buy abv 8465 for 8485 and 8515 with sl of 8443
[09:21]   Shai : also NF if it stays below 8484 all ay today may weaken support at 8448 and we can go down t 8378 by tom or thurs
[09:22]   Shai : 18510 supp in BNF and 18600 now res
[09:24]   Shai : Open type is a cross between OAOR and ORR
[09:24]   Shai : 8444- 8485 F range to decide the day
[09:26]   r m : infy offloading by promoters turned both FII and DII big buyers yesterday!
[09:27]   r m : FII hedged their index net buys with 1 lakh long PE though
[09:37]   Sharad : RM FII buying Jan Feb OTM PES mostly… like 8200 ,8300 , 8000 , 7500
[09:38]   r m : ok, thanks
[09:38]   Shai : Int Sharad- didn’t bother to check that
[09:39]   Shai : where was the highest rise in Jan?
[09:39]   Shai : Yes Fii’s long pe’s yesterday and retail shorts
[09:39]   Shai : finally retail made some money in index yesterday !!
[09:40]   r m : 🙂
[09:40]   Assortz : GM all
[09:40]   Assortz : yes sometimes biggies allow retails to make money 🙂
[09:41]   r m : @Assortz, GM 🙂
[09:41]   r m : that is like a goat being fattened before slaughter 😀
[09:44]   Shai : BNF steady
[09:45]   Shai : 18670 ref
[09:45]   Shai : long was abv 18690
[09:46]   Assortz : @RM 🙂
[10:00]   Shai : Where’s Janak today? Guess he was right about the gap down
[10:00]   Assortz : yes I was thinking 🙂
[10:02]   Shai : eyes are at 8485 F today
[10:03]   Shai : if that does not get taken out then 8378 is coming
[10:04]   Assortz : If so, then 18404 too
[10:10]   Shai : yes
[10:10]   Shai : 18600 and below
[10:10]   Shai : 18690 cross taken it to 18750 that first seller
[10:11]   Assortz : ok
[10:11]   Shai : But BNF abv 18600 now may be pointing out to limited downsides in NF too
[10:11]   Shai : let’s see what happens in second session
[10:11]   Shai : This is an OAOR- very open
[10:12]   Assortz : yes BNf dont want to fall
[10:14]   Shai : BNF firmly saying it wants that first rate cut 🙂
[10:14]   Assortz : obviously 🙂
[10:21]   Ravi V P : NIFTY Spot 8466 max as per option tablr
[10:43]   Shai : yes 8476 spot needs to cross min
[10:43]   Shai : else 8399 and below
[11:14]   Janak : rm forgot the option calculator method man
[11:14]   Janak : what would be 600pe (bn) at 510 and 400?
[11:15]   Janak : in zerodha
[11:18]   Janak : and whether 510 will come by 1 pm ;0
[11:21]   Assortz : BNF mixed green and pink since morning..
[11:21]   Janak : BNF Hypo1 below 18580➜18510➜18400 SL 18690
[11:23]   r m : @Janak, 18600PE should be 320 near 18510 and 384 near 18400
[11:23]   Janak : thank u v much sir
[11:23]   r m : but liquidity will be better in 18500 strike
[11:23]   r m : welcome sirjee 🙂
[11:23]   Janak : but below 600 – 600 pe will move faster?
[11:24]   r m : yes, it will, but half the additional earning will be taken care of by big spread
[11:24]   Janak : oh ok – i m playing for that hypo 2 man
[11:24]   r m : ok
[11:24]   Janak : so 384 is almost certain
[11:24]   Janak : a 110 pts from here
[11:25]   Janak : sorry 320
[11:25]   Janak : 50 pts from here
[11:25]   Janak : there goes bn below 580
[11:26]   Assortz : 8446
[11:47]   Shai : looks more n more that NF is beow 8485 all day
[11:47]   Shai : in that cae bring on 8378 by tom/ thurs
[11:47]   Shai : stick withna 8300 pe below 8444 F’
[11:47]   Shai : (10:02) Shai :eyes are at 8485 F today
[11:47]   Shai : (10:03) Shai :if that does not get taken out then 8378 is coming
[12:28]   Sharad : Shai 8325 Possible ? by Friday ?
[12:29]   Janak : vow
[12:29]   Janak : hypo2
[12:30]   Porus : Shai, bnf 18510 done. What chance of 18404?
[12:31]   Assortz : on dot 18510 🙂
[12:32]   Janak : (11:23) r m:@Janak, 18600PE should be 320 near 18510 and 384 near 18400
[12:32]   Janak : rm 600 pe did 319.90 🙂
[12:33]   Janak : 10 paise kahan gaye?? ‘;
[12:40]   Assortz : Shai, 18450 still has any significance – we had this as SL when initiated longs at 18610
[12:43]   Assortz : 18404 FA on 02 Dec and today is 5th Day..
[12:48]   Janak : nf has fallen only 40 pts and delta is going up!
[12:48]   Janak : intriguing
[12:49]   Janak : shai bn can bounce to 520?
[13:17]   r m : @Janak, NF delta has been going up everyday while NF kept going low or was stalling at highs
[13:18]   r m : guess limit sellers are more aggressive then agressive buyers 🙂
[13:21]   Janak : bn completes 500 pts fall from friday high?
[13:22]   r m : 18929 to 18460, still 10 paise equivalent left 🙂
[13:22]   Janak : lol
[13:22]   Ravi V P : call writing happening across 18000-19500ce
[13:23]   Shai : 8338 spt next supp
[13:23]   Shai : sjould be the same as 8378 F
[13:24]   Shai : if that gets broken then supp is at 8284
[13:24]   Janak : a bounce here till 520/545?
[13:24]   Sharad : 8284 cash ?
[13:25]   Janak : riding on green
[13:25]   Shai : and the big one below at 8180 spot which should complete a 450 point crrection again if seen
[13:25]   Shai : yes 8284 cash
[13:25]   Sharad : ok Thanks
[13:26]   Shai : so far playing out the expected 450 price correction and 900- 950 point rise from 5110
[13:26]   Sharad : so 8325 Future coming…. for sure
[13:26]   Shai : Sharad only if 8377 F shows no buyers or increased selling
[13:26]   Sharad : ok
[13:27]   Janak : mkt falling daily 200 pts
[13:27]   Janak : today’s quota done
[13:27]   Janak : now a bounce till 542 and then back to day-lows to end?
[13:27]   Janak : triple bottom
[13:27]   Janak : if that means anything
[13:30]   Shai : all said and done – for the positional player this entire fall will be revisited till the bear does not take out 8180 spot
[13:31]   Shai : actually bulls should be more happy with these kind of falls in bull markets
[13:40]   Janak : buying around 470 in bn?
[13:40]   Janak : shai a vwap bounce has a chance if this bounce is on?
[13:42]   Shai : yes vwap is a place to sell this week
[13:42]   Shai : 8399 spot now res
[13:45]   r m : @Janak, Gurudev – you said today’s quota done, the why this algo a 18440? changed your mind? 🙂
[13:45]   Janak : yeah man – i think quota got extended by 60 odd pts ;
[13:46]   Janak : maybe 425 is the quits today
[13:46]   r m : quota extension (QE2) 🙂
[13:47]   r m : 520-148 = 372 should be 2IB
[13:48]   Janak : nfa at a perfect bouncing pt of 8411
[13:51]   Shai : perfect bouncing pad is at 8378
[13:51]   Janak : that algo is a buyer?
[13:52]   Shai : yes could be
[13:52]   Janak : shai long at 430 tgt 520?
[13:52]   Shai : there were heavy buyers at 404-430
[13:53]   Shai : 510 tgt
[13:53]   Janak : ok
[13:55]   Janak : 480 and green cometh!
[13:56]   Janak : bhaiye 30 aur de de
[13:58]   Shai : NF suggestive of a close at lows even today like yesterday
[13:59]   Ravi V P : 8500ce:8300pe oi is 2:1
[13:59]   Ravi V P : change in oi
[14:02]   Shai : and 8400 pe is holding
[14:02]   Janak : that is bullish?
[14:03]   Ravi V P : bearish
[14:08]   Shai : No 8400 Pe are early writers in profits
[14:08]   Shai : and comfortable with this falll still
[14:08]   Shai : o=they are relying on that 8337 spot holding but will liquidate if that breaks
[14:09]   Porus : So if it breaks, 8284 will come fast?
[14:10]   Janak : bn holding 425
[14:10]   Shai : yes and possibly 8180 to complete a full correction
[14:11]   Shai : gen a correction in this bull market has been of 9 days
[14:11]   Shai : tis is day 2
[14:11]   Shai : so a rise to 8540 F should be used to sell more by the bears
[14:11]   Sharad : No Shai from 8665 this is 7th day
[14:12]   Shai : right if you consider that early part as price correction
[14:13]   Shai : technically 8665 is sthe start point of the correction- so you are right
[14:13]   Sharad : i counted in morning and eritten this
[14:13]   Sharad : written
[14:14]   Sharad : (12:28) Sharad :Shai 8325 Possible ? by Friday ?
[14:15]   Sharad : If fall arrested around it then in Jan New high for sure
[14:17]   Ravi V P : shai: shallwe carry foward 8448 short?
[14:24]   r m : last 2 days look like a steep staircase! http://screencast.com/t/TuLef4HqbV
[14:25]   Assortz : Rm and Janak Q3 🙂
[14:26]   r m : 🙂
[14:26]   r m : 18404 cometh
[14:27]   Ravi V P : shai covered at 8391
[14:28]   Shai : Sharad if 8377 F does not hold then we can go to 8271 by friay close
[14:29]   Ravi V P : 8400pe gave more money than nf
[14:29]   Shai : cnxit holding around that imp 11120 mark today
[14:29]   Assortz : friday Rajini birthday..beware :))
[14:29]   r m : 🙂
[14:30]   r m : @Janak, Gurudev ab to aapke 500 bhee poore ho gaye – how many more centuries you need? 🙂
[14:32]   Sharad : ok Shai
[14:32]   Janak : gurudev is upset ;; pagla gaye hei :-)\]
[14:33]   r m : @Janak, upset due to obscene profits? 🙂
[14:33]   Assortz : NS low 8338
[14:33]   Janak : duet to bizarre contra-trade-tendencies man
[14:33]   r m : oops
[14:34]   Assortz : and gone
[14:34]   Ravi V P : 8300 spot is targetting
[14:35]   Shai : 18400
[14:35]   Ravi V P : your level was perfectly done shai
[14:37]   Shai : 🙂 One gets done – another is always ready
[14:37]   r m : 🙂
[14:37]   Shai : into 8400 ce for a bounce
[14:37]   Shai : buy in 2 parts
[14:37]   Shai : one here and one near close
[14:38]   Shai : poss scenario is visit to 8444 and possibly 8483
[14:41]   Shai : exit for that ce as sl is tom if we open below 8376
[14:51]   Ravi V P : 14:34 Ravi V: 8300 spot is targetting
[14:53]   Ravi V P : 8500ce has become higehst oi
[14:55]   Ravi V P : writing of ce from 8100-8600 is puzzling
[14:56]   Shai : china and greece are also the culprits today
[14:56]   Shai : both down huge
[14:57]   r m : yep, China’s drop biggest in 5 years – that is what ET claims!
[14:59]   Shai : brazil down 3.5%
[15:00]   Ravi V P : 3.5% on 50000+ Index is equal to 0.6%
[15:00]   Ravi V P : on nifty
[15:01]   Ravi V P : ril sc setting in
[15:13]   Shai : RM what is the expected adv- decl on MO today?
[15:13]   Shai : -30 to -40?
[15:15]   r m : -40 at current adv/dec 291/1182
[15:16]   Shai : thanks
[15:16]   r m : welcome
[15:21]   Shai : don’t buy the second lot of 8400 ce ‘s yet
[15:21]   Shai : Not enough in the market as of now to suggest a good bounce’
[15:22]   Shai : we will hold at 8356 F tom the existing CE and go short again below 8355 for 8271 F with sl of 8384
[15:23]   Shai : on upsides now in Nifty spot holding 8330 tom res likely at 8399 then 8435 and finally 8476 beyond which the bull is all clear for th next leg up
[15:24]   Shai : 8343 spot now
[15:30]   Shai : 8394
[15:30]   Shai : A dd kind of day
[15:30]   Shai : if like today we open below current day low and break 8355 om in NF we continue down
[15:31]   Shai : roughly 8411 needs to cross for a quick move to 8444/ 8484
[15:31]   Shai : Bye all – see you tom
[15:33]   Porus : bye
[15:36]   r m : bye folks!