OrderFlow charts and Notes 12/01

[08:52]   Keshav : morning rm
[08:52]   r m : Good Morning folks!
[08:52]   r m : Hi Keshav
[08:52]   Keshav : gm all
[08:52]   r m : BNF Hypo1 below 18810➜18685➜18590 SL 18878Hypo2 above 18880➜18940➜19110 SL 18810 JAN Future levelshttp://vtrender.com/levels-and-plan-for-12th-jan/
[08:53]   Porus : GM all
[08:53]   r m : NF Hypo1 below 8280➜8254➜8205➜8193 SL 8295 Hypo2 above 8301➜8334➜8356 SL 8280 JAN Future levelshttp://vtrender.com/levels-and-plan-for-12th-jan/
[08:53]   r m : http://vtrender.com/levels-and-plan-for-12th-jan/
[08:53]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-090115/
[09:00]   Sharad : GM all
[09:00]   Keshav : hi sharad
[09:00]   Sharad : Very nice open INR 62.32
[09:01]   Sharad : HI Keshav
[09:06]   Shai : Gm all
[09:08]   RK : Gm all
[09:14]   Shai : 8280 F is still the ref line for this open today
[09:18]   r m : CPI and IIP at 17:30
[09:18]   Amit J : any view on lic for shorting
[09:19]   r m : WPI on 14th Jan at 12:0
[09:21]   Shai : LIC has res at 479
[09:21]   Shai : can stay in 454- 479 levels
[09:21]   Shai : better to short near 473
[09:22]   Amit J : thanks
[09:22]   Shai : I think results this week
[09:23]   Amit J : yes
[09:27]   Shai : 18590 zone is some kind of supp in BNF
[09:28]   Shai : we watched 18570 on fri and that dip below 18570 was seeing short covering
[09:29]   Shai : iip and cpi today
[09:30]   Shai : tcs on 15th and axis on 16th
[09:31]   r m : wipro and reliance also on 16th
[09:35]   RK : Shai Can you pls advise on Tata steel?
[09:41]   Shai : tata steel weak below 401.8
[09:41]   Shai : can drop to 386
[09:42]   RK : Thanks
[09:49]   Shai : 18590 HYPO2 zone again playing out the bounce
[09:49]   Shai : 18800 is the anomaly
[09:50]   RK : 18600 zone dominates in this series also like Dec
[09:55]   Shai : anomaly done
[10:02]   Shai : sellers coming back in BNF
[10:03]   Shai : 18835 just saw some sell vol
[10:03]   Shai : 18885 is ref line if shorting here
[10:03]   Shai : tgt vah 18764
[10:04]   Shai : the pinks in the tab abve are all shorts coming back in the OF chart
[10:05]   Shai : NF is contrasting
[10:05]   Shai : buy vol is bigger there
[10:06]   Shai : prem play again – back to 30
[10:06]   Shai : was 20 points prem all thru friday
[10:15]   Shai : if BNF stays abv vah and clear 18880 we are looking at a big trend day
[10:16]   Shai : all these shorts will cover
[10:16]   Shai : open type now is an open rejection revese in BNF
[10:16]   Shai : vwap is the key along with vah
[10:16]   Shai : prev supply is 18940
[10:17]   Shai : 18880- 18940 is an easy trade
[10:17]   Shai : sl will be IBH
[10:18]   Rav : 8100-8500 pe ce LBU
[10:20]   Shai : exit BNF shorts at 18880 and can reverse to long if taken at 18820
[10:21]   Shai : IB is done
[10:21]   Shai : so far still inside
[10:23]   Shai : watching 11500 in CNXIT spot
[10:23]   Shai : cross of that should spur a 700 point rally to 12200
[10:24]   Shai : USDINR has dropped 63.50 to 62.36 very quickly
[10:31]   r m : Sharad’s heavy hand behind it 🙂
[10:33]   Shai : 🙂
[10:33]   Sharad : I am a small guy RM.
[10:33]   Shai : Market men talking about a rate cut before RBI meet
[10:33]   r m : @Sharad, small is beautiful 🙂
[10:34]   Sharad : Shai one day you told 3rd feb meeting for rate cut ?
[10:34]   Sharad : yes RM
[10:35]   r m : my attempt to write an AFL for plotting PCR_OI for a particular strike http://tinyurl.com/nxeyhpm
[10:36]   Shai : Yes Sharad rate cut is certain
[10:37]   Shai : But you see Rajan likes to surprise and he often has said that he can d it before any meet
[10:37]   Sharad : wow then 60 can go INR
[10:38]   RK : RM great..seems time to install ami 🙂
[10:39]   r m : 🙂
[10:39]   r m : NT does not have OI field
[10:40]   Sharad : Shai if 50 basis rate cut comes what could be the INR and Nifty ?
[10:40]   r m : so was thinking how to bring the OI changes to screen without using excel which is too heavy on processor
[10:40]   Shai : Nice RM
[10:41]   r m : Thanks Shai!
[10:43]   Shai : Sharad multiple effects are there on INR this month besides RBI- there is FOMC, greece and Draghi too alll from 22
[10:44]   Amit J : rbi no meeting, its only rumor
[10:44]   Sharad : True but if rate cut comes before 22/1 meet of Draghi then ?
[10:45]   r m : mixed with results and upcoming budget, a heavy cocktail!
[10:45]   Amit J : rate cut is negative for INR. if happens than it will depreciate
[10:46]   Amit J : added to it salt of crude, rubble and greece
[10:46]   Sharad : true Amit… but sentimante improves
[10:47]   r m : Andhra Plans for 15mbps broadband at 150 rs p.m.!
[10:47]   Keshav : oh wow
[10:47]   Keshav : i ll move in ther
[10:47]   r m : yeah, read yesterday in economic times
[10:47]   Keshav : power and electricity a big issue in chennai
[10:48]   Keshav : not to mention continuous water supply
[10:48]   r m : GOI has a scheme to lay optical fibre to every Panchayat, AP govt is asking Center to release AP’s share of funds and AP will fast track it by providing the balance funds
[10:51]   r m : @Amit, theoretically rate cut will take money out of debt funds. Uncertain part is how much additional funds the equities, FDI etc will attract after rate cut in view of a better investment climate
[10:55]   Kathir : GM shai RM and all friends 🙂
[10:55]   Shai : bnf at vah finally- just off
[10:56]   r m : Hi Kathir 🙂
[11:01]   Shai : (10:03) Shai :18885 is ref line if shorting here.(10:03) Shai :tgt vah 18764
[11:01]   Shai : (10:15) Shai :if BNF stays abv vah and clear 18880 we are looking at a big trend day
[11:02]   Shai : shorts below vwap/ vah only
[11:02]   Shai : from now***
[11:06]   Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/7a32495c-f169-430d-8c16-57dbaba4dd60
[11:07]   r m : Thanks Rav
[11:08]   Rav : 9.50 Entry and 10.30 exit at Nifty spot n NF
[11:10]   Keshav : @rav is this from some website??
[11:10]   Rav : 8293 ENTRY AND 8321 EXIT
[11:10]   Kathir : super
[11:13]   Rav : modified xl file for NIFTY pcrhttp://www.screencast.com/users/Ravicbe
[11:15]   Keshav : thanks rav
[11:20]   r m : @Keshav, Rav himself has so many plots that he can open a website 🙂
[11:20]   Rav : u are able to download. will send banknifty too
[11:20]   Sharad : Thx Ravi
[11:21]   Kathir : @rav didnt see anything there for me
[11:22]   Rav : How to send the filw which can be downloaded in screencast
[11:22]   Rav : rm please
[11:23]   r m : @Rav, easier doing it from your google drive or dropbox or file sharing sites
[11:23]   Keshav : yes the file got downloaded
[11:23]   Porus : Rav, what are the changes in this file vis a vis the one sent earlier?
[11:23]   Keshav : there was link that said download this media
[11:24]   Porus : Yes file is downloaded.
[11:24]   r m : yes Keshav, 34 mb file
[11:24]   RK : thanks RAv
[11:25]   Rav : can see over all PCR in bottom most and individual pcr in right side with buy sell
[11:25]   r m : great!
[11:25]   Rav : for bn….http://www.screencast.com/users/Ravicbe
[11:25]   Porus : Thanks
[11:25]   Rav : color coding done for good visualisation
[11:29]   Rav : 8000-8500 is the area to be watched this week
[11:30]   Rav : this will be uniform color coded
[11:31]   Kathir : Rav thanks
[11:31]   Kathir : @rav how to take PCR basically.
[11:32]   Rav : if coi of pe is more with pcr of more than 1 in the bottom …buy
[11:32]   Keshav : pvr going to aquire satyam cinemas
[11:33]   Keshav : bad news
[11:33]   Keshav : i hate pvr
[11:33]   Rav : if coi of ce is more with pcr of less than 1 in the bottom …sell
[11:33]   Kathir : coi -current open interest?
[11:33]   Rav : change in oi
[11:33]   Kathir : oh ok
[11:35]   Rav : then see the pcr close to 1 in table..here it is 8300 ..then consider 8300+/-300 for range
[11:43]   Kathir : ok thanks Rav..here 8200 and 8300 pe both can be bought? but COI is more in 8200 pe than 8300 pe..so better go with 8200 Pe
[11:44]   Shai : Nice sheet Rav
[11:45]   Rav : Thanks Shai
[11:46]   Rav : Kathir… 8200 ce is bought and 8200pe is written by …. gullible buyers are buying 8200pe
[11:46]   Kathir : ok
[11:47]   Rav : 8000-8200pe added in change chart
[11:51]   Rav : Highest Change in OI 8300 CE : 236275 8200 PE: 416350
[11:54]   Kathir : 8100 pcr more than 4 .how to take this Ravi
[11:55]   Kathir : and for 8550 is 0.01
[11:56]   Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/1d7c0e44-613b-4562-9c34-3a22438af817
[11:57]   Rav : 8000-8200 highest support.. can see in above chart.Mkt will be pushed towards 8300 spot
[11:58]   r m : Thanks Rav
[11:58]   Rav : wc rm
[11:58]   Rav : 8000 is stnding like Lothman cigar
[11:58]   r m : 🙂
[11:58]   Kathir : 🙂
[11:59]   Kathir : Thanks rav
[12:00]   Rav : cigar is inchingup
[12:04]   Rav : ce 33,847,825 ce 815,975 pe 44,368,100 pe 1,958,650 1.310810961
[12:07]   Amit J : shai wanted to short nifty for 2 weeks, can you advice level and sl
[12:07]   Amit J : also bn
[12:08]   Kathir : @amit positional?
[12:08]   Amit J : yes
[12:08]   Shai : Amit a close below 8280 spot is a short with sl of 8330 this week closing
[12:09]   Amit J : thanks
[12:09]   Amit J : and banknifty
[12:09]   Shai : I’m more comfy shorting NF below 8280 actually in F though
[12:10]   Shai : BN an aggressive short is here with sl of 18920 closing on spot
[12:10]   Shai : conservative opinion is short below 18600 close
[12:11]   Kathir : nf almost there
[12:12]   Shai : heavy volumes
[12:12]   Shai : NF only
[12:13]   RK : Shai positional ? (12:10) Shai :BN an aggressive short is here with sl of 18920 closing on spot
[12:13]   Shai : yes RK both positionals basedon spot
[12:13]   RK : ok
[12:14]   RK : Shai Rel cap also looks weak..could you pls confirm?
[12:16]   Shai : relcap has supp in the 458- 460 zone
[12:16]   Shai : if that breaks can drop to 442/ 429
[12:17]   RK : Thanks
[12:18]   Shai : 18745 is a seller now in BNF
[12:20]   B N : interestingly nf hypo NF Hypo1 below 8280➜8254➜8205➜8193 SL 8295
[12:20]   B N : active whereas bn hypo1 about to achieve 1st tg
[12:20]   B N : 18810➜18685➜18590 SL 18878H
[12:21]   B N : which means 2nd tgt 590 likely if nf hits the 1st tgt in hypo
[12:21]   RK : 1st tgt of NF 8258 is the break down level on Friday..we lost 20 points quickly from there
[12:22]   B N : yes so by the time it goes to 8258 / bn can do 590
[12:23]   Shai : delta drop in BNf is big chhange from vah
[12:24]   Kathir : @shai how important prevoius day vwap is?
[12:26]   Shai : imp if the day was trend day
[12:26]   Kathir : you mean the previous day was trend day?
[12:27]   Shai : No what I meant was if the day had big range and lots of movement
[12:27]   Shai : Friday was 2 different trend days rolled into 1
[12:27]   Kathir : ok thanks
[12:27]   Shai : 8330- 8206 and 8206- 8330
[12:28]   Kathir : ok
[12:28]   Shai : did mention at fri close that today could be inside day
[12:28]   Shai : as market was not certain on direction
[12:28]   Kathir : yes i remember
[12:29]   Shai : 745 is a seller and 690 zone a supp
[12:30]   Kathir : @shai all the stock levels you mention here is for spot only right?
[12:33]   Shai : yes stock is cash levels only
[12:33]   Kathir : ok
[12:39]   Kathir : Sl still 8295 for the short below 81?
[12:39]   Kathir : 8280
[12:41]   r m : Hypo1 ) If NF auctions below 8280 then it will move to 8254 and if 8254 breaks on volumes then NF should see 8205 and 8193 again Sl for this view will be 8295 initially and 8280 if 8254 breaks.
[12:42]   Kathir : ok ge i thought after todays trade there is change in SL now
[12:42]   r m : ok
[12:43]   r m : not able to reach 8254, positive delta and vwap not showing big tilt so far
[12:44]   Kathir : yeah
[12:44]   r m : too much buying at 8286 in FP charts
[12:46]   Shai : yes
[12:47]   B N : bn delta -ve so that might lead
[12:47]   r m : ok
[12:48]   B N : is IT index goingup?
[12:48]   RK : RM pls shift that dpoc down 🙂
[12:48]   Shai : No BN flat today’
[12:49]   Keshav : seems like we gonna rotate inbetween todays and yesterdays vwap
[12:49]   Keshav : and may be move up
[12:50]   r m : @RK, dpocs are close to round numbers, difficult to dislodge, let us pray to Hanumanji 🙂
[12:50]   Kathir : lol
[12:51]   r m : or Jamwantji if you want to bring it down 🙂
[12:51]   RK : :))
[12:51]   Kathir : jamwantji?
[12:51]   Rav : 8300ce writers and 8200pe buyers tussle
[12:55]   Keshav : @kathir also sounds new to me
[12:55]   Kathir : RM has the answer for us
[12:55]   RK : bear 🙂
[12:55]   RK : who helped Rama 🙂
[12:56]   r m : lol
[12:56]   Keshav : oh
[12:56]   Kathir : helped rama to bring dpoc down?
[12:56]   RK : bring seetha down 🙂
[12:56]   Kathir : lol
[12:56]   Keshav : oh
[12:56]   r m : jamwant was a bear, so don’t expect him to take anything up 🙂
[12:57]   RK : Kathir in Tamil Jambavan
[12:57]   Kathir : oh ok
[12:57]   Kathir : for me RM is jamwantji
[12:58]   r m : @RK, maybe same in Sanskrit Ramayana too, my little knowldege is from Tulsi
[12:58]   RK : ok 🙂
[12:58]   r m : Ramcharitramanas – full of interesting stories 🙂
[12:58]   Keshav : oh
[12:58]   RK : Mahabharat is fancier and intresting thatn Ramayana
[12:59]   r m : yes
[12:59]   RK : If you are a true atheist then Mahabharat will help you to pull arguement better 🙂
[12:59]   r m : And Chopda’s picutrization was even better than originial saint’s version
[12:59]   r m : 🙂
[12:59]   r m : I watch the DVDs very often
[13:00]   RK : true..but Kids enjoying current star version
[13:00]   RK : star tv
[13:00]   Keshav : i used to watch jai hanuman in doordharshan
[13:00]   r m : such gripping dialogues by Dr Rahi Masoom Raza in the old version, not even one extra word is used
[13:00]   RK : I know you are a fan of those dvds 🙂
[13:01]   Kathir : nice
[13:01]   RK : VWAP and Red Rekha test
[13:02]   Kathir : i guess that red rekha will be good SL for shorts @ 8280
[13:03]   r m : seen in yesterday’s background NF and BNF are busy doing nothing 🙂
[13:03]   r m : http://screencast.com/t/8gjRof1lpDhi
[13:03]   RK : Yes Kathir thats where SL should be
[13:03]   r m : http://screencast.com/t/hdvDsyUjyR
[13:04]   Kathir : @rm yeah true meaning of inside day
[13:04]   B N : an inside day mean the ib low shd come again??
[13:05]   Rav : 12.10-12.30 8200PE is over http://content.screencast.com/users/Ravicbe/folders/Jing/media/6a8146c9-b45c-44df-86d5-22c2fde6727d/8200PE.png
[13:05]   B N : also VAH-POC-VAL
[13:09]   Kathir : @rav u mean its been bought heavily
[13:09]   Rav : 69b sold at 81
[13:10]   Rav : 8312 sold bought at 8281
[13:10]   Kathir : ok
[13:10]   Kathir : all round performance 🙂
[13:12]   Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/5c59310f-a8c2-4d9e-9bfa-a2969cd211e2
[13:12]   Rav : Kathr.. 8300ce COI>VOL :SELL and 8200pe Vol> coi: buy
[13:13]   Rav : from the chart. so shorting future is quick
[13:14]   Rav : the xl sheet would show you 8300ce sell and 8200pe buy
[13:15]   r m : Thanks Rav, it is wonderful learning the finer points of intraday use of Options OI from you!
[13:15]   Rav : wc
[13:16]   B N : dpoc shifting down in bn
[13:17]   Rav : rm…MP chart with 3 bands above and below vwap is in sdieways between vwap+sd1 and -sd1
[13:17]   RK : Jamwanthi obliged..now let hanumanji do his part 🙂
[13:17]   r m : yes Rav
[13:18]   r m : @RK, he favored those who spelt his name correctly 🙂
[13:18]   RK : lol
[13:21]   Keshav : @rav @rm what is change in open interest and what is volume according to nse option chain
[13:21]   Keshav : i sometimes observe that change in open interest is higher than volume
[13:22]   Rav : coi: if existing buyer and seller square off . Volume is TTQ on a particular day and time
[13:22]   r m : in option chain, volume is in number of contracts while OI is actual
[13:22]   Keshav : but my primary thought was for a change in oi there has to be a corresponding volume
[13:22]   Rav : no
[13:23]   r m : @Keshav, so if you are usin option chain values, divide OI by 25 for comparing it with volumes
[13:23]   Rav : total trade qty
[13:23]   Rav : tarded
[13:23]   r m : ok
[13:23]   Keshav : ok
[13:25]   Porus : Shai, for existing bnf shorts, what is the sl now?
[13:25]   r m : @Keshav, if written fresh, OI will go up, if writers cover OI will go down, if it is buy and sell between option buyers, OI will remain unchanged
[13:26]   r m : hence volumes will be different from OI
[13:28]   Keshav : hmm
[13:29]   r m : every time a trade happens, volume will be added while OI may be added, reduced or remain unchanged
[13:29]   B N : bn delta -50 – will have some momentum down?
[13:30]   r m : Lal-rekha at 756 🙂
[13:31]   B N : also 828-70t was a trade – 790 to ——-
[13:31]   B N : 828-705
[13:35]   Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/a904d8d4-366a-4a27-9176-1482fcd84b22
[13:36]   Rav : rmL lavender sideways mkt. abobe 8310 + and below 8286 –
[13:39]   r m : Thanks Rav, very good color coding!
[13:39]   Kathir : @rav sorry was away for lunch..thanks for the info and charts
[13:41]   RK : premium adding up
[13:41]   Kathir : @RM hope i am having earlier than all here 1-130 i finish
[13:42]   Kathir : lunch i mean
[13:43]   Rav : ranhe shifted to 8200-8400 in balnced way
[13:43]   r m : @Kathir, very difficult to beat me when it comes to early lunch 🙂
[13:43]   Kathir : lol
[13:44]   Kathir : qualities of a good leader
[13:44]   r m : but I bring my plate right here (camera is off so no problem) 😀
[13:44]   r m : lol
[13:44]   Keshav : i just had my breakfast
[13:44]   r m : lead by example 🙂
[13:44]   Kathir : lol
[13:45]   Keshav : mom had gone to some temple
[13:45]   Kathir : keshav why so late man..you are the youngest here
[13:45]   Rav : rm ..nf above 8311
[13:45]   r m : yes Rav, above IBH
[13:46]   Kathir : @rav buy some ce now?
[13:46]   r m : oops, IBH at 8323 here
[13:46]   Rav : at 1.15,8300ce
[13:46]   Keshav : @kathir mom had gone to temple to offer some prayers for her brother
[13:47]   Kathir : oh ok
[13:47]   Rav : 106 and exited now 116.60
[13:47]   Keshav : so i had some fruits as soon as i got up
[13:47]   Kathir : oh great ravi
[13:47]   r m : great trading Ravi!
[13:47]   Kathir : kesgav ok
[13:48]   Rav : hence my lunch is still waiting for me though my driver bought at 12 fro saravana bhavan
[13:48]   Kathir : @rav all your options trades intraday are based on pcr and OI right?
[13:49]   Rav : yes with max pain and vix
[13:50]   Kathir : ok..rav saravana bhavan – anna nagar?
[13:51]   Rav : with MACD,CCI,ADX
[13:51]   Kathir : oh
[13:52]   Keshav : complex price action in play
[13:53]   Rav : Bought NF at 8311 with sl of 8299 at vwap
[13:56]   Kathir : ok
[14:04]   Rav : NF LBU
[14:04]   Rav : OMR Perungudi saravana
[14:05]   Kathir : ok you have a separate ofice for trading.thought you do it from home
[14:05]   Rav : 8300ce: 121 fully booked
[14:05]   Kathir : wow
[14:06]   r m : great!
[14:07]   Rav : 8329 closed
[14:08]   r m : @Kathir, man let us go to Chennai, learn index
[14:09]   Kathir : yeah thats right..learn from the master
[14:09]   r m : learn index trading and enjoy sarvana lunch 🙂
[14:09]   Keshav : right
[14:09]   Rav : 8300pw writing and ce buying: bullish
[14:09]   r m : ok
[14:10]   Kathir : @rm now i understood about your earl lunch 🙂
[14:12]   r m : lol
[14:13]   Kathir : @rm i thought atleast in lunch matter i should beat you.couldnt 🙂
[14:13]   r m : I know, but you tried your best to beat no1 🙂
[14:13]   Kathir : lol 🙂
[14:14]   Kathir : @rav on what basis you exit..?
[14:25]   Rav : took lunch
[14:25]   r m : close to 8356
[14:25]   Rav : exited nf to enter 8300ce at 120 and booked now at 130
[14:25]   r m : wow!
[14:26]   Kathir : doing wonders
[14:26]   Kathir : bnf hypo activated
[14:26]   r m : yes, Sarvana effect shows! 🙂
[14:26]   Kathir : 🙂
[14:26]   Shai : 8353
[14:26]   Shai : at vwap bands
[14:27]   Shai : BNf still showing buyers’
[14:27]   Shai : 18940 on
[14:29]   r m : 8356 done
[14:29]   Rav : rm..8300ce.. http://www.screencast.com/users/Ravicbe/folders/Jing/media/47faa3c3-30c5-4386-8321-7da3a5a9efaf
[14:31]   Rav : 8300ce bullish from 10.24 a.m onwards in blue color
[14:34]   r m : Thanks Rav
[14:35]   Shai : volumes not in at 8355
[14:35]   Shai : 8320- 8330 spot point for the week
[14:35]   Rav : Kathir. since lots are more ,entry exit need to be quick and ce pe helps with little margin equally. that is the trade off
[14:35]   Shai : conviction missing as we attempt to cross else vwap band would have exploded
[14:36]   Amit J : 8338 is 61.8% extension in 5th wave.
[14:36]   Amit J : mostly spot 5 th wave completed.
[14:36]   Kathir : ok ravi
[14:36]   Rav : 5% OI added in NF .LBU
[14:38]   Shai : Amit 8322 vwap of dec
[14:38]   Shai : spot
[14:39]   Kathir : so close above is important for longs ?
[14:39]   Shai : will trigger sl of shorts if we cross abv
[14:39]   Kathir : 8320 high
[14:39]   Shai : blog post : “A close above 8330 spot levels should produce 120 points of upside to 8452 during the week.”
[14:41]   Kathir : @shai if nf spot closes above 8330 today shall we buy 8500 ce ?
[14:41]   Rav : Range is shifting to 8300-8500 from 8200-8400
[14:41]   Shai : yes
[14:41]   Kathir : ok
[14:42]   Shai : condition is open should be abv 8330 spot also tom at least 30 mins as it is not intra day setup
[14:44]   Kathir : ok shai
[14:50]   Porus : Shai, is bnf a vwap c;ose?
[14:50]   Shai : possible Porus if IBH breaks now
[14:52]   Shai : 8340 here is the prev buyer who created that spurt to 56
[14:52]   Shai : not seen adding back
[14:53]   Shai : 8352 is the big red on the FP chart
[14:54]   Shai : 8316- 8310 is where the heavy volume is
[14:54]   Shai : could close there if the buyer stays away from 8340
[14:54]   Kathir : 286/122
[14:55]   Shai : BNF 18830 holds – fee a rested of 18900 is due
[14:57]   Shai : es climbed 2035 to 2045 during our session – now back to 2040
[15:00]   RK : delta drained in NF
[15:01]   Kathir : yeah
[15:07]   Rav : 8400ce took at 74
[15:07]   Shai : almost ot 18900
[15:16]   Shai : supply being absorbed
[15:17]   Shai : heavily now
[15:17]   Shai : delta is saying all at the mkt orders
[15:17]   r m : @Rav, nf on your way now 🙂
[15:18]   Shai : could be also that 3.15 trigger system square off
[15:18]   Shai : always diff to judge properly in these last 15 mins
[15:19]   r m : infy 2119
[15:22]   Shai : 8330- 8364 spot is a gap
[15:23]   r m : returned from 8330 once
[15:23]   Shai : one more time proved – Bearish breakaway gaps in bull markets always come back n fill
[15:23]   r m : longs exiting NF?
[15:24]   r m : delta falling fast
[15:24]   Shai : yes few coming off now
[15:24]   Shai : fast chop there
[15:24]   r m : not impactiing price, so some silently sponging off 🙂
[15:25]   r m : *some one
[15:26]   Rav : 7800-8300pe buildup is decent…
[15:26]   r m : ok
[15:27]   Kathir : nf delta approaching – neg now
[15:27]   r m : spot at 8330!
[15:27]   Kathir : but price not even moving down a bit
[15:27]   Kathir : yeah
[15:27]   Rav : 8400ce: 82 exited…8 points
[15:27]   RK : apot at 8330
[15:27]   RK : spot
[15:27]   Kathir : -30
[15:28]   r m : good one Rav!
[15:28]   RK : RM didnt see your msg 🙂
[15:28]   Kathir : ravi catches all sizes of fishes sa 🙂
[15:28]   r m : @RK, which one?
[15:28]   RK : spot rate
[15:29]   Rav : color is guiding
[15:29]   Rav : me
[15:29]   r m : @Kathir, yeah, he got all the tools, fishing line, fishing net, harpoon 🙂
[15:29]   r m : @RK, ok 🙂
[15:29]   Rav : I am a Fernadez
[15:30]   Kathir : @rm i am searching for a pond or sea 🙂
[15:30]   Kathir : lol
[15:30]   r m : @Kathir, we got puddles here but only tadpoles are found in them 🙂
[15:30]   Shai : 8326 close on spot
[15:30]   Kathir : 🙂
[15:30]   Shai : delta dropped to -78 at close
[15:30]   RK : avg close will be stll lower t
[15:31]   Shai : 15 min churn
[15:31]   Amit J : 8330 high
[15:31]   Amit J : shai how do you read this,,, huge red candles
[15:31]   Kathir : close 8323 spot
[15:31]   Shai : last 2-3 mins someone sold a lot at 8363
[15:31]   r m : Thanks and bye folks, have a great evening 🙂
[15:32]   RK : we will know tmw morning about that sellers fate 🙂
[15:32]   RK : bye all
[15:32]   Shai : Yes Amit heavy sell voumes at 8363- 65 ref the amt chart on scree 2
[15:32]   Kathir : yeah true RK
[15:32]   Amit J : but price didnt moved lower
[15:32]   Shai : looks like some1 changed their mind in 15 mins from buy to sell
[15:33]   RK : consequtive bigger volume there
[15:33]   Shai : can’t read a lot in last 15 mins in terms of orderflow as it can be misleading due to square offs etc
[15:33]   Amit J : also today imp data
[15:33]   Shai : yes
[15:33]   Shai : could be reacting to that
[15:34]   Amit J : thanks and bye
[15:34]   Shai : at 3.15 it was all positive and delta at +200
[15:34]   Shai : bye
[15:34]   RK : bye
[15:34]   Shai : Have a nice evening all
[15:34]   Kathir : now -78
[15:34]   Porus : bye all
[15:34]   Kathir : thanks and bye all 🙂
[15:34]   Amit J : so someone booked heavily