OrderFlow charts and Notes 27/02

[09:03]   Shai : Gm all
[09:03]   Shai : http://vtrender.com/levels-and-plan-for-27th-feb/
[09:03]   r m : Good Morning folks!
[09:03]   Porus : GM all
[09:03]   Shai : http://vtrender.com/premium/orderflow-charts-and-notes-2602/
[09:04]   r m : Nifty MAR Futures Key Reference Area (KRA) 8752 Hypo1 above 8752➜8794➜8841 SL 8718 Hypo2 below 8718➜8697➜8641 SL 8751
[09:04]   r m : Banknifty MAR Futures KRA 18743 Hypo1 above 18743➜18825➜18898-19010 SL 18655 Hypo2 below 18585➜18340➜18182 SL 18655
[09:04]   r m : Bye folks, see you on Monday 🙂
[09:04]   RK : GM all
[09:04]   Porus : Bye RM
[09:04]   RK : GM and bye RM..Have a good time!
[09:04]   r m : Thanks 🙂
[09:05]   Shai : tc RM
[09:08]   Sharad : GM all
[09:11]   Shai : 8794 crucial resistance all day today and tom open in F
[09:12]   Shai : 8755 spot vwap of Feb series to hold the market
[09:17]   Shai : 18898 first hurdle in BNF for bull
[09:17]   Shai : spot high 8758
[09:18]   Shai : overnight longs taken 2ith 8662 spot sl can exit here and wait the auction out
[09:20]   Shai : an aggressive trade would be to short for gap close with 8796 as sl
[09:20]   Shai : 9/10 the market will revsiit previous series close
[09:27]   Kathir : HI shai and all friends
[09:27]   Shai : Hi Kathir
[09:28]   Tejpreet : Gm All.
[09:29]   Shai : short trade is out above 8796 F/ 8755 spot
[09:29]   Shai : some panic buying + short covering should come abv thse 2 numbers
[09:30]   Shai : even BNF abv 18900 should do 19010/ 19190
[09:39]   Tejpreet : Shai need lvls to build long in ALLHABAD BANK psu banks seem to be flavour of the day.
[09:46]   Amit J : shai your view on cesc
[09:46]   Amit J : getting big tgt for expiry
[09:46]   Shai : albk looking for a bounce from a sell off
[09:47]   Shai : has to hold 104.2 all aay and cross abv 108.3 preferably
[09:47]   Shai : tgt 112 next week
[09:47]   Tejpreet : great …thanks
[09:48]   Shai : cesc already up big
[09:49]   Shai : cesc imm upside is 617/ 633 sl of 593
[09:50]   Kathir : @SHAI views on appollotyre long
[09:50]   Shai : 634 has major supply abv which shortcoevrng should be fierece
[09:50]   Shai : then 726 possible in 2- 3 weeks
[09:54]   Shai : apollo with sl of 173.6 can retest 180.3
[09:54]   Shai : 184.5 tgt 2 abv 180.3
[09:55]   Kathir : shai thanks
[09:57]   Shai : welcome
[10:01]   Shai : sellers now more active NF
[10:02]   Shai : break of IB is also a short trigger
[10:02]   Amit J : shai plz your view on unitech
[10:02]   Amit J : https://docs.google.com/spreadsheets/d/1mkzBzrmxhW14M6yxEUKZL-QJt7ALTICA2fN-kQhPsEw/edit#gid=302327609
[10:03]   Amit J : RM’s sheet for stock
[10:05]   Shai : the sheet is there in the docs folder right bottom
[10:05]   Shai : unitech good volume today
[10:06]   Shai : see 19.8 on intra and 20.4/20.7 as supply points
[10:11]   Amit J : curcuit unitech
[10:13]   Shai : still going strong
[10:19]   Amit J : will hit one more today
[10:24]   Shai : ok
[10:24]   Shai : 10% hit I think
[10:25]   Vishal : shai view on tata motors
[10:26]   RK : and also Tata steel Shai..looking for a buy here
[10:29]   Shai : tata motors at 565 is an in between level for me for very short term
[10:29]   Shai : see 545 as a great support but also cannot see big momentum coming till below 572 over the next week
[10:30]   Shai : prefer buying below near 545 with small sl or abv 573 for momentum
[10:30]   Vishal : okie shai
[10:30]   Vishal : thanks
[10:33]   Shai : tata steel 342 was a price objctive- has done 344
[10:33]   Shai : good open today showing strength but positional will get stronger abv 364 only
[10:34]   Shai : if looking at long small qty here with sl belw 341 and then add abv 365 to hold
[10:34]   RK : ok..thanks..It had a good down move for last two days but today’s open is strong
[10:34]   Shai : should visist 389
[10:34]   RK : thanks Shai
[10:34]   Shai : welcome
[10:50]   Shai : be back in few mins
[11:01]   Tejpreet : vix is pretty stable infact below 20 after a long time
[11:02]   Tejpreet : was expecting it to be around 21 plus just pre budget.
[11:03]   Shai : could srop to 17.33
[11:03]   Navaneeth : Hello all
[11:03]   Navaneeth : pardon me
[11:03]   Navaneeth : Just logged in, Any calls given?
[11:03]   Shai : below 17.3 regime change mostly 12 then
[11:04]   Tejpreet : so options will erode fast if vix falls to 17.3
[11:04]   Shai : Yes
[11:04]   Shai : but risk of a move is higher as we are near vwap
[11:04]   Shai : surely optimal place to move out of
[11:04]   RK : 8758 got more buyers
[11:04]   Navaneeth : ?
[11:04]   Shai : can be 400 either way
[11:05]   Shai : Navaneeth short view holding with 8796 as sl
[11:05]   Navaneeth : can I short now shai bro?
[11:06]   Shai : take new short below 8752 for 8725
[11:06]   Sharad : navneeth watch pink line is short
[11:06]   Navaneeth : ok
[11:06]   Shai : Market flat now
[11:07]   Navaneeth : 8769 now, so i’ll short below 8752.. is that o.k?
[11:07]   Shai : yes
[11:08]   Navaneeth : Sharad bhai, Thanx, but I’m new to market profile, so it takes few days to learn even basics
[11:09]   Sharad : RM is not therou what to reade, he can tell y
[11:09]   RK : Shai LT after grinding around 1710-15 finally moved up..supply levels here pls ?
[11:11]   Shai : watch BNF abv 18900
[11:11]   Shai : long trade with cwap sl for 19010
[11:12]   RK : Axis could also break out
[11:12]   Navaneeth : Shai bro, Can I buy equalent Call options of Bank Nifty?
[11:13]   Shai : RK 1774
[11:14]   RK : fine..
[11:14]   Shai : Yes Navaneeth it’s the same bias
[11:14]   Navaneeth : ok, what is s.l for bank nifty?
[11:15]   Shai : vwap
[11:15]   Shai : 18830
[11:15]   RK : Navaneeth few points below VWAP
[11:15]   Navaneeth : 18820…
[11:16]   Navaneeth : is that o.k we sell the nifty n buying the bank nifty.. Isn’t that will be hedge?
[11:18]   Shai : yes sort of but we are going by charts here and instrument specific
[11:18]   Navaneeth : ok
[11:18]   Navaneeth : Also if nifty falls to 8752, then only we sell .. so no prob.
[11:20]   Shai : BNF not having enough volumes yet for that upmove
[11:21]   Navaneeth : Shai bro, when price triggers should we buy/sell immediately or we should wait for 5 minutes for closing candle?
[11:21]   Shai : 20.8 unitech
[11:25]   Shai : BNF
[11:26]   Amit J : shai nifty FA?
[11:26]   Shai : any1 got a long trigger?
[11:26]   Shai : could be FA in NF
[11:27]   RK : nope 🙁
[11:27]   Shai : too risky here
[11:27]   Shai : wait for price to cool
[11:28]   Tejpreet : holding bn 19000 call from 465 booked half at 520
[11:28]   RK : NF got good volume in this candle but not pushing up!
[11:28]   Tejpreet : will add more in any dip
[11:29]   Tejpreet : am looking for your 19100
[11:29]   Shai : 18890 should not break by more than 15 points
[11:29]   Shai : 19010 still objective
[11:30]   Shai : but if it hold 18890 all day we close at 19190
[11:34]   Tejpreet : Anyone trading with RKSV…am currently with zerodha …bit rksv has good unlimited brokerage plan…which will reduce trading cost.
[11:34]   Tejpreet : but
[11:36]   Shai : zerodha is 20/- a trade right?
[11:36]   Tejpreet : yeah
[11:36]   Shai : NF
[11:36]   Tejpreet : still turns out to be expensive if you run in n out too often
[11:37]   Shai : 19000
[11:39]   Tejpreet : booked complete 19000 call at 545
[11:39]   Amit J : shai is this seller imp 2L +
[11:39]   Tejpreet : and enterd 19500
[11:39]   Shai : NF getting selers
[11:40]   Tejpreet : even bn sellers
[11:40]   Shai : yes Amit
[11:40]   Shai : may come down 8795 again
[11:40]   Shai : see what happens there
[11:41]   Tejpreet : this 2l seller could be algo trade right at vwap
[11:41]   Amit J : neutral day or fa confirmed
[11:41]   Tejpreet : band
[11:42]   Vishal : shai icici crossed 327.50. wat level on upside to keep watch now
[11:42]   Shai : FA confirmed at 8752
[11:42]   Shai : 8784 sl for all these new longs for day
[11:43]   Shai : vah
[11:44]   Shai : Vishal 334 should come
[11:44]   Shai : safe abv 334 for 344- 348
[11:45]   Vishal : ok shai
[11:45]   Vishal : thanks
[11:50]   Shai : NF buyers have to setp yo 9795- 8785 to counter that seller at top
[11:50]   Shai : at*
[11:51]   Shai : vwap- vah is the old buyer
[11:51]   Shai : 65725- 69900-44350
[11:56]   Shai : 8795 – want to see more buying greens
[12:05]   Shai : BF leading up again
[12:05]   Shai : BNF*
[12:10]   Shai : BNF 19010 is a supply hurdle
[12:10]   Shai : if sellers don’t show up here then 19190 and 19420 become objectives
[12:14]   Shai : that 20000 ce at 200- 205 looks like value buy
[12:15]   Shai : positional sl has to be 18870 below preferably 10 min close
[12:20]   Amit J : premium reducing sharply.
[12:21]   Tejpreet : which premium?
[12:21]   Amit J : banknifty
[12:21]   Tejpreet : ok
[12:22]   Rav : bnf SC
[12:23]   Amit J : ntpc again moving
[12:24]   Shai : got d/c – see a missing query- anybody asked anything?
[12:27]   Amit J : ntpc discount increased to 5 rs from 2.2 yesterday
[12:28]   Rav : CHART not visible
[12:31]   Shai : coming back
[12:36]   Shai : chart up?
[12:36]   Amit J : yes
[12:36]   Shai : thx
[12:45]   Amit J : again huge sell order at at 8822
[12:45]   Amit J : shai can we make out something of this
[12:45]   Tejpreet : Market not falling despite these 2 huge sell orders???
[12:48]   Porus : charts stuck
[12:49]   Amit J : chart stuck
[12:50]   RK : WI bowler Holder just short of 2 runs for Century..ABD humiliates him 🙂
[12:50]   Tejpreet : gr8 innings by ab ….masterclass.
[12:51]   Amit J : 104 runs
[12:51]   RK : he conceaded 34 and 30 in his last 2 overs..he can’t sleep for couple of days 🙂
[12:52]   RK : Yeah..this ABD is a real monster of this era
[12:52]   Rav : OI not added much in both Index.
[12:53]   Tejpreet : Last 3 overs run scored 34…14…30.
[12:54]   Navaneeth : charts not coming?
[13:00]   Vishal : tata motors crosses 573
[13:01]   Shai : charts up?
[13:01]   Amit J : yes
[13:01]   RK : Yes
[13:01]   Tejpreet : yes
[13:01]   Amit J : shai plx give your view on this big seller
[13:02]   Shai : selllers pushing big over here – last chance is 8841
[13:02]   Shai : abv that seller liquidates quickly
[13:02]   Shai : looking at 9100 F in March on sl of 8750 cash clsoing basis
[13:03]   Shai : upside can extend to 9406 F is 8750 is protected over the next 1 week
[13:03]   Vishal : superb rr ratio
[13:03]   Shai : yes mix of short covering + panic buying can come
[13:03]   Shai : budget is the catalyst with that 8755 spot level clsoing
[13:04]   RK : Yes wild swing below that spot during intra is the concern
[13:04]   Shai : below 8755 tomorrow rop is to 8475 spot
[13:04]   Shai : drop*
[13:05]   Rahul N : thanks shai for yesterdays advice about rollovering PSUs…
[13:05]   Shai : 🙂
[13:05]   Shai : abv 8841 trade for 8887/ 8947 with sl of 8794
[13:06]   Tejpreet : Since we are taking in terms of 400 point move better to avoid trade till 230 pm tmrw and the look for maybe 200 points out of that 400:)
[13:06]   Shai : or at least 9100 F
[13:08]   Shai : BNF 19000 trailing sl now can book 19136 or hold 19190
[13:10]   Tejpreet : BN gives my 19100:)
[13:11]   Rahul N : buy nifty now ?
[13:11]   Shai : looks like we may get a volatile afenoon
[13:11]   Shai : May be a dip also and then rise into close
[13:11]   Tejpreet : yes seeing sellers now….
[13:11]   Rahul N : or wait till 2:30?
[13:11]   Shai : Rahul wait
[13:11]   Tejpreet : best to wait for dip.
[13:12]   Rahul N : ok
[13:13]   Shai : still a green but getting risky
[13:13]   Shai : the next pink is a drop
[13:15]   Shai : 19134
[13:19]   Shai : small mix up happening in vlumes- just for your note
[13:19]   Shai : That 147100 is actually a buy volume as well as 188175 at 8826
[13:19]   Shai : refer the FP chart which has more accurate tick data
[13:20]   Shai : exchange not sending it right
[13:20]   Vishal : shai view on century textiles
[13:22]   Shai : centex?
[13:22]   Shai : or ply?
[13:24]   Tejpreet : @ rav any progress on that option excel sheet ….i got one from google search but it fetches only nifty data do not know how to get other stock data.
[13:25]   Shai : Vishal ?
[13:26]   Rav : will send tomorrow
[13:26]   Vishal : centex
[13:26]   Tejpreet : Great …thanks..mail id [email protected]
[13:29]   Shai : It’s at 1.7? can’t plot it no movement
[13:29]   Shai : sorry
[13:30]   RK : its around 500 Shai..CENTURYTEX
[13:31]   Rav : Tejpreet…sent
[13:32]   Shai : oops sorry went for centext which is 1.7
[13:32]   Tejpreet : Got it Rav.
[13:34]   Shai : centext nice supp a 473 but want to see it break abv 505 for 528/ 540
[13:34]   Vishal : okie shai thanks
[13:35]   Vishal : today went till 506 so i guess above that wil buy it
[13:35]   RK : DRREDDY wakes up
[13:37]   Shai : yessome supply there
[13:37]   Shai : RK if trading r reddy regularaly keep an eye on the option volumes
[13:37]   Shai : yesterday move dominated thru options
[13:38]   Shai : any drop now in NF which hold 8820 is a buy
[13:38]   Shai : in BNF a drop to 19030 is a buy
[13:39]   Shai : long setups still in play for a close at day highs till those 2 protected now
[13:39]   RK : noted Shai..made a watchlist with some 20 stocks and rotating trades between them.planning a set up for options watch..will follow
[13:47]   Shai : 🙁 this NF is gone today
[13:47]   Shai : was for the early buyer who held
[13:48]   Tejpreet : am ready for budget 9000 callyesterday at 100 odd and now 8600 pe at 86.
[13:48]   Shai : 8947 F still left in the tape before FM sepaks
[13:49]   Shai : looking to add below or will go in abv 8887 F
[13:49]   Shai : BNF cross of 19210 can extend the move to 19424F
[13:49]   Amit J : shai now can we see sharp short covering and day high in end
[13:50]   Amit J : thanks
[13:50]   Shai : 8887/ 19210
[13:51]   Shai : best would have been a dip between 1- 1.30 to buy
[13:52]   Shai : structure is leaving behind anomalies ad negative delta
[13:52]   RK : after such move small dips are not comforting enter buy 🙂
[13:52]   Shai : so a job is there to cover tomroow in volatility
[13:52]   RK : to enter buy
[13:53]   Amit J : shai where are anomalies?
[13:53]   Amit J : what pt
[13:53]   Shai : 8830
[13:53]   Shai : 8858
[13:53]   Shai : marron blue in MP chart horiz lines
[13:53]   Shai : maroon*
[13:59]   Amit J : thks
[14:01]   Shai : finally looks like a dip coming
[14:04]   Shai : buyers in the dip
[14:04]   Shai : watch the green at bottom
[14:06]   Amit J : finally pink
[14:07]   Shai : dip buyer is there also
[14:08]   Shai : Buy NF between 8845- 8865 with a sl of 8815 for 8947
[14:18]   Shai : avoid the NF buy here- we wait for some time
[14:29]   Tejpreet : shai views on wipro for initiating long
[14:35]   Rahul N : @shai can we see 19420 today only ?
[14:45]   Shai : No rahul
[14:45]   Shai : But keep that trade up on screen abv 19210 tom
[14:45]   Shai : good 200 points
[14:45]   Rahul N : cool
[14:46]   Shai : right nw we are watching 19010- 19030 to hold in F over next few sessions
[14:46]   Shai : can say till tom clsoe
[14:46]   Rahul N : ok
[14:46]   Shai : dpoc moves up in NF
[14:47]   Shai : upmove confirmation now receieved that it is done
[14:47]   Shai : for intra that is
[14:47]   Shai : may not move down much also
[14:57]   Rav : Today is looking like a good budget announcement day and tomorrow….
[14:59]   Amit J : intraday bosch buy
[14:59]   Shai : intra day- 30 mins left?
[15:01]   Amit J : l;ao
[15:01]   Amit J : 800 rs move
[15:02]   Shai : haha
[15:02]   Shai : 🙂
[15:02]   Shai : Bosch can do 1500 in 10 mins
[15:03]   Amit J : sexy move
[15:03]   Shai : Reminder- we will be trading live tomorrow
[15:03]   Tejpreet : got 100 and out 380 to 480 …thanks amit
[15:04]   RK : Great Shai ..about to ask
[15:04]   Amit J : i am still holding
[15:04]   Tejpreet : too volatile for comfort.:)
[15:05]   Shai : it’s like that
[15:05]   Shai : moves quick
[15:06]   Shai : 19215
[15:07]   Amit J : exited
[15:07]   RK : Mkt expects Rock in India budget :)..good
[15:10]   Amit J : shai 20 mins to go. can we expect day high close in unitedh
[15:10]   Amit J : unitech
[15:13]   Shai : yes’
[15:13]   Shai : some more news tom in Uni?
[15:14]   Shai : carry BNF into tom
[15:14]   Shai : or some 20000 ce’s
[15:14]   Shai : NF 50 point upside still there from here
[15:14]   Shai : tgt 8948
[15:15]   Shai : Massive Move Amit in uni- 18%
[15:15]   Tejpreet : Good call Amit in unitech.
[15:18]   Amit J : thanks
[15:22]   Shai : closing day highs
[15:26]   Shai : stock purchases are not avlbl for sale tom if carrying
[15:26]   Shai : keep that in md in view of the volatility expected if carrying intra stock over
[15:28]   RK : in f&o?
[15:28]   Shai : cash delivery
[15:28]   Shai : fno fine
[15:28]   RK : yep
[15:29]   Shai : It’s a regular session but with rules of DP holiday
[15:29]   RK : yes
[15:29]   RK : margin increased about 15% for nifty and Jr nifty stocks
[15:29]   RK : and 25% for rest
[15:30]   Shai : No MIS
[15:30]   RK : Yes
[15:30]   Shai : 8896/ 19246
[15:30]   Shai : Bye all
[15:30]   RK : Thanks Shai and all..Have a good evening..
[15:30]   Shai : have a nice evening
[15:30]   RK : bye
[15:30]   Shai : catch up tom
[15:30]   Amit J : thanks bye
[15:30]   Tejpreet : Bye.
[15:31]   Porus : bye all