Orderflow charts and Notes 18/03

[08:37]   r m : Good Morning folks!
[08:37]   r m : http://vtrender.com/levels-and-plan-for-18th-march/
[08:37]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-170315/
[08:37]   r m : Nifty MAR Future levels Key Ref. Area 8747 Hypo1 above 8747➜8785➜8802➜8856 SL 8717 Hypo2 below 8715➜8694➜8650 SL 8735
[08:37]   r m : Banknifty MAR Future levels KRA 19200 Hypo1 above 19200➜19300➜19334➜19374 SL 19080 Hypo2 below 19080➜18998➜18900 SL 19170
[08:38]   r m : SGX Nifty trading at 8765
[08:41]   r m : FOMC statement at 23:30 IST
[08:54]   Porus : GM RM and all
[08:56]   Shai : GM all
[08:56]   r m : Hi Porus
[09:02]   Sharad : GM all
[09:07]   Sachith : GM all
[09:12]   Kathir : Good morning Shai RM and all friends
[09:12]   RK : GM all
[09:13]   r m : Hi Kathir, RK
[09:13]   Kathir : Hi RK
[09:14]   Tejpreet : GM all.
[09:18]   RK : Hi Kathir
[09:18]   Varun : @shai will 80% apply in nf
[09:20]   Vivek : @shai how much time in nifty context can be seen as opening range
[09:22]   Shai : Depends on volumes more than time Vivek
[09:23]   Shai : but can be first 10- 15 mins
[09:23]   Shai : BNF below neutral ext high
[09:24]   Shai : Look out for that move in BNF abv 19210 – should be an easy rise of 130- 170 points
[09:24]   RK : BNf not cleared high and NF has open high..
[09:24]   RK : *not cleared PDH
[09:24]   Shai : yes
[09:24]   Shai : overnight data was of long liquidation
[09:25]   Shai : if mkt has to go up- it has to find responsive buying again
[09:25]   Varun : shai for past 3 days we hve poor lows and no tail, shldnt e get a tail first
[09:25]   Kris : Good Morning All 🙂
[09:26]   Tejpreet : (09:24) Shai :overnight data was of long liquidation…where do we get this data .
[09:26]   r m : Hi Kris, you are selling the highs everyday? 🙂
[09:26]   Shai : Varun yes a tail will confrm a bttom as we have a tail at top on 3/4
[09:26]   Kathir : hi kris
[09:26]   Kris : Yes RM – I am bearish – and so far it is doing alright!
[09:26]   Kris : @Kathir – GM
[09:27]   r m : yeah, whenever I find red at top near IB close time, it reminds me of you 🙂
[09:28]   Kris : Thanks RM!
[09:28]   Amit J : shai no confirmation of neutral extreme yet. can we see long liquidation
[09:28]   Amit J : your wocky falling
[09:29]   Shai : Yes longs abv Neut ext high only
[09:29]   Shai : Amit bought that 1900 PE at 45 yesterday- Plus 68 now 🙂
[09:30]   Amit J : jspl any view
[09:30]   Amit J : got quick 12rs. hold or exit
[09:30]   r m : wow! MWPL player – another category added to trade possibilities 🙂
[09:30]   Kris : @Rm – MWPL is?
[09:31]   Shai : jspl good abv 175 can do 187
[09:31]   r m : Market wide position limit
[09:31]   Shai : abv 189 a further 10 points to 198
[09:32]   r m : @Kris, yesterday Wockhardt was nearing the ban limit, so Shai advised to buy PE because longs will have to liquidate and fresh buying will be prohibited by ban
[09:33]   Kris : @RM – thanks! quite useful.
[09:34]   r m : yes, Shai gives new ideas evey day 🙂
[09:34]   r m : MWPL update is given in exchange messages every 10 minutes
[09:34]   RK : Shai Hero back to 2680 spot..any signs for breaking above?
[09:35]   Shai : Tejpreet check this sheet updated by RM everynight- https://docs.google.com/spreadsheet/ccc?key=0Ase3dtbFwQWUdHY3NWE2Q0QtZkZVam96Smh3TGpON1E#gid=20
[09:37]   r m : This is available in Documents folder on right bottom of this page too
[09:37]   r m : OIAnalysis2015
[09:38]   Varun : shai mrkt rising 90 points and longs being reduced, isnt this bearish ?
[09:38]   Shai : hero one obj at 2687 met
[09:39]   Tejpreet : thanks guys for all the info.
[09:39]   Shai : look for 2733 if 2688 is taken out
[09:39]   Shai : supp now 2651
[09:39]   Varun : or less confidence for fii
[09:39]   RK : thanks Shai..not a open drive?
[09:41]   Shai : Yes RK open drive meeting the afternoon buyer of 8716
[09:41]   Shai : #) Day shows heavy volume buy at 8716 who will be called to defend the fall if any from 8750.
[09:42]   RK : thanks
[09:42]   Shai : Varun not very bearish as such – could drop near 8500 spot as the moves are on long liquidation not new shorts
[09:43]   Shai : Fresh buying will only come if 8755- 8785 spot is taken out on closing basis
[09:43]   Varun : thanks shai
[09:48]   Shai : Buyer not responsing at 8715
[09:48]   Shai : this can drop to 8694/ 8650
[09:48]   Varun : 80 % done 🙂
[09:52]   Shai : lots of selling seen
[09:52]   Shai : an 8600 pe OTM play makes sense
[09:52]   Shai : this should not go abv vwap all day and mostly close at day lows
[09:53]   Kathir : bnf downside trgt now shai?
[09:54]   Shai : 18998/ 18900
[09:54]   Shai : hypos only for 1st session
[09:54]   Kathir : ok
[09:54]   Shai : Not opening abv neutral ext is it self a minor bearish
[09:56]   Amit J : unitech again
[09:57]   Shai : 🙂
[09:57]   Shai : MWPL was in the clear last night
[09:57]   Amit J : it is still in ban na
[09:57]   Shai : still ? was 78% I think at close?
[09:58]   Amit J : no its in ban
[09:58]   Shai : yes
[09:59]   Amit J : @rav any view on those big writers between 20-25 range. Almost 5cr shares
[10:01]   Kathir : @shai still bnf SL is 19170?
[10:03]   Shai : yes 19173 is the sl now
[10:03]   Shai : came 20 points off hypo 1
[10:03]   Shai : NF at vwap
[10:05]   Shai : look for an opp to resell near 19145 and bring cost down
[10:06]   Rav : Amit..Unitech
[10:06]   Amit J : yes
[10:06]   r m : inspite of being in ban!
[10:07]   Amit J : i am holding my old position. not exited
[10:07]   r m : Yeah, that is why it is not coming below 80% 🙂
[10:07]   Amit J : haha
[10:09]   Rav : 22 IS MAX PAIN . writers will be in trouble it it is locked in MWPL by bear cartel
[10:10]   Amit J : yes thanks
[10:17]   Shai : yesterday’s buyer also showed up at 9.50
[10:17]   Shai : becomeing a pattern
[10:18]   Kris : This explains the red bard forming !(10:05) Shai :look for an opp to resell near 19145 and bring cost down
[10:18]   Kris : *bar
[10:18]   r m : 🙂
[10:18]   Shai : not safe yet
[10:19]   Shai : Now can sell with 19210 sl for 19080
[10:24]   Shai : NF 8747 or day high is sl for day based on the drive at open
[10:36]   Kris : @Shai – small help – if the BN chart is moved up by 1cm or so – it will show the timings.
[10:36]   Vivek : @shai why 8747
[10:37]   Kris : Thanks a lot!
[10:37]   Shai : done Kris
[10:37]   Kris : @Rm – that famed IB breakout exactly at 10.15 – which failed!
[10:37]   Shai : Good Q Vivel there is also 8755 there but 8747 stood out from last week
[10:38]   Shai : was a low last week around there with vols
[10:38]   Shai : *Vivek
[10:38]   r m : @Kris, yeah, today NF not in sync
[10:39]   Vivek : I thought its bcoz of OF no ASK at 8646 SO !!
[10:40]   Shai : Most of our levels come from a composite multi ay profile of volume
[10:40]   Shai : day*
[11:02]   Shai : NF doing nothing for last 30 mins
[11:02]   Shai : In a 10 point range
[11:02]   Rav : axis joined with sbi as LBU
[11:02]   Shai : Intra day excess at lows and highs
[11:05]   Amit J : day before big event. we should consolidate for full day and give direction from 2.30
[11:16]   Rav : hdfcbank is about to join as LBU
[11:28]   RK : Whatever may be the talent but if allow the pressure to occupy, it would be a failure..SL demonstrating that 🙂
[11:30]   r m : bn hits a helicopter shot 🙂
[11:30]   RK : Yep 🙂
[11:30]   RK : at band and don’t know what’s that two biggies there at top 🙂
[11:31]   RK : hoping shorts quiting with that big nos
[11:35]   RK : Shai that BNF fig is Sell orders only? 64K
[11:37]   Shai : NO wasonly 12k
[11:37]   r m : 15 min chart shows buyers
[11:38]   Shai : 19194 supp
[11:38]   RK : it was showing 64k sellers RM till now..now it changed to 70K buy
[11:38]   Shai : was very thin abv 19190 to 19240
[11:39]   Varun : so comin back to repair it ?
[11:39]   Shai : Yes RK often when we see 0 that happens
[11:39]   Shai : It’s a problem in NSE
[11:39]   Shai : there should never be 0 in intra day
[11:39]   RK : got it..NSE issues.
[11:40]   Shai : a god mkt should take up every tick
[11:40]   Shai : good*
[11:40]   RK : Yes..only Natural gas can do that 🙂
[11:40]   Shai : 🙂
[11:40]   RK : Kangaroo price action 🙂
[11:45]   RK : SL 9 down for just 127 on board..and its raining..poor SA 🙂
[11:45]   RK : Patterns never change
[11:45]   Amit J : shai BN above yesterday high. can we consider yesterday trend continuing
[11:46]   r m : @RK, SA should bribe Lord Indra 🙂
[11:47]   Rav : icici joined finally as LBU
[11:47]   RK : lol
[11:49]   Shai : yes Amit
[11:50]   Shai : can see 19334/ 19375
[11:51]   Rav : 19378 is visible
[11:51]   Rav : nf bnf LBU
[11:53]   Shai : 8785 also
[11:55]   Varun : but shai vwap bands?
[11:55]   Shai : not much buying ay 19320
[11:56]   Shai : Should expand Varun a bit – volume increasing
[11:56]   Shai : high risk though
[11:56]   Varun : tht too vwap bands near excess
[11:58]   Shai : BNF in obs yesterdaay : #) Above 19215 is a quick move to 19334 and 19377
[12:00]   Shai : excess is at 8785
[12:01]   Shai : profit booking again emerging NF at 8755- 8760
[12:02]   Shai : BNF can touch that 10334 once still
[12:02]   Shai : 19334
[12:10]   Sachith : icici short levels … shai
[12:13]   Shai : icici 337.6 and 340 2 objectives
[12:13]   Shai : of the move
[12:13]   Shai : conservative will short below 333 cash only
[12:13]   Sachith : ok… thnx
[12:14]   Shai : Mostly a roational profile and likely to do 337 below 3333
[12:16]   Shai : sellers trying to come back even in BNF
[12:16]   Shai : sclae out f long- climb is getting difficult
[12:17]   Shai : can do 19205 F visist again
[12:18]   Shai : same levels on the spot 19207/ 8755 vwap
[12:18]   Janak : shai sl 320 ok?
[12:20]   Shai : no 335
[12:20]   Shai : can test tat vol of 320 once before decides to go down also
[12:20]   Janak : ok some wild moves daily in bn – yday after day high – a fall of 300 pts which was retraced in 15 min
[12:20]   Janak : can go back to DPOC today?
[12:20]   Janak : 19120
[12:22]   Shai : day is just a repeat of yesterday so far
[12:22]   Shai : template of yesterday had buyer at 9.50 and seller around 12
[12:22]   Shai : and buyer back at lows around 2- 2.30
[12:23]   Janak : buyer came back at just abt 3 pm yday and in 10 min – did 300
[12:23]   Shai : 8742 NF supp
[12:25]   Janak : pink appears
[12:26]   Shai : below 19272 it will confirm
[12:29]   Janak : nf 8729 an easy tgt shai?
[12:32]   RK : Wow!!
[12:32]   Shai : another spike
[12:32]   RK : BNF finally left NF and gone to 334
[12:33]   Shai : below 8742 only Janak
[12:34]   r m : @RK, NF is a passenger train, 2 hours behind BNF 🙂
[12:35]   RK : true 🙂
[12:40]   Rav : http://www.screencast.com/users/Ravicbe/folders/Jing/media/71c5bb7f-afb1-48e8-81e6-d95cfa326f8c
[12:44]   r m : Thanks Rav
[12:44]   Janak : nf is keen to tank
[12:44]   Porus : Rav, the sbu is for earlier 15 min?
[12:45]   Rav : 12.15-12.30-12.45
[12:46]   Rav : 1347.70-19287
[12:46]   Porus : thanks
[12:47]   Rav : 8800ce 8700pe 708350 712275
[12:47]   Shai : NF can do 8717 below 8742 sl of 8760
[12:47]   Rav : stiff fight
[12:47]   Janak : looks like a setting betn big traders rm – morning me aap 300 upar chadhao aur afternoon me hum 200 neeche…..
[12:48]   Janak : nf POC 8742 and bn poc 19128 – 150 below!
[12:49]   r m : @Janak, FIIs have been using the highs for long liquidation these days
[12:50]   Janak : i think window-dressing for corp. will be used by FIIs to sell
[12:50]   r m : guess they want to face Yellen with lighter OI
[12:51]   Janak : a safe close will bea round day open 150? khaya piya kuch nahin…..
[12:56]   Rav : today is crucial for writers as 75% of time is over and balance 25% is left with time decay value
[13:05]   Shai : BNF more determined today
[13:05]   Shai : Not willing t fall much
[13:08]   Janak : 8742 will break now?
[13:18]   Rav : 8796 is visible
[13:25]   Janak : that 8742/19260 is superstrong
[13:26]   Shai : yes
[13:26]   Shai : 19220 below also supp
[13:26]   Janak : phew!
[13:27]   Shai : 8717 – (12:47) Shai :NF can do 8717 below 8742 sl of 8760
[13:30]   Janak : can bn go below 200?
[13:31]   Janak : 165?
[13:38]   Janak : shai bn looks good for 180-200?
[13:40]   Shai : No 220 supp mentioned
[13:40]   Shai : 8717 supp
[13:40]   Shai : have to see new selling to break
[13:40]   Janak : delta is all red
[13:43]   Shai : yes short below 210 for 170/ 100
[13:43]   Shai : but below 210 only
[13:54]   Varun : bnf abnomaly repaired
[13:55]   Varun : cn strt its journey upside, shdl nt enter ib
[14:13]   Shai : NF wanting to do 8755 again sl of 8714
[14:30]   r m : SA thru to semi
[14:31]   Navaneeth : to choke in semis again 😀
[14:31]   RK : Yeah SL lost it in a nasty way
[14:36]   Shai : NF long sl taken
[14:48]   Tejpreet : Shai looking at the big event tonite would appreciate your views around closing time for markets tomorrow as per profile data.
[14:49]   Shai : watch if big cash buying comes between now and close
[14:49]   Shai : should be positive event and trigger upmove
[14:49]   Shai : an OTM call can be right one to use
[14:51]   Shai : (12:22) Shai :template of yesterday had buyer at 9.50 and seller around 12
[14:53]   Tejpreet : Thanks Shai.
[15:01]   Janak : 3-3.10 was a big move up yday
[15:01]   Shai : Pofile been a normal day except that little visist to 8690 now
[15:03]   Amit J : what about banknifty profile. it is still above high. can it be a trending day
[15:03]   Amit J : *IB high
[15:05]   Shai : No Normal variation day
[15:10]   Tejpreet : Shai can you look at symbol JISLJALEQS jain irrigation. for long.
[15:10]   r m : BN yearning for clean air up there!
[15:12]   Shai : is it on NSE tejpreet?
[15:12]   Tejpreet : nse
[15:12]   Amit J : ues
[15:12]   r m : yes
[15:12]   Amit J : large buyer in nifty
[15:13]   Kris : TIme to leave for the day – Thanks all
[15:13]   Kris : Have a nice evening every one 🙂
[15:14]   r m : Bye Kris, have a great evening 🙂
[15:16]   Shai : This close in Jain is good at 64 plus
[15:16]   Shai : tgt if 66.4 on this close
[15:17]   Janak : riding on FED – we may touch 20k by friday?
[15:17]   Shai : longer trem momentum comes if weekly closes abv 67.2 this week
[15:17]   Shai : shorts hlding there at 66-66.6
[15:18]   Tejpreet : Thanks … jain looking good lets us hope yellen makes it better 🙂
[15:18]   Janak : shai 20k? before expiry or friday?
[15:19]   Janak : 500 pts move is right there tom in bn
[15:19]   Janak : gap up 200-300 and then the rest
[15:25]   Shai : Not much conviction in last 30 mins
[15:25]   Shai : generally ahead of FED NF moves last 30 mins often the right side
[15:28]   Tejpreet : Not much improvement in volumes also.
[15:28]   Shai : yes
[15:29]   Shai : 101 L lower than yesterday and we are in same ramhe mostly
[15:29]   Shai : so wait n watch adopted
[15:29]   Shai : range*
[15:30]   Shai : there’s a 100 point slide if 8690 gives up tom
[15:30]   Shai : tgt 8586 F
[15:30]   r m : Thanks and bye folks, have a great evening
[15:30]   Shai : upise also upto 8802
[15:30]   Shai : 100 either way- Hope it does not get wasted in a gap
[15:30]   Shai : Bye all
[15:31]   Shai : Have a nice evening
[15:31]   Tejpreet : Bye all.
[15:31]   Sachith : bye all