OrderFlow charts and Notes 03/12/15

[08:45]   r m : Good Morning folks!
[08:45]   r m : http://vtrender.com/levels-and-plan-for-3rd-dec-2/
[08:45]   r m : http://vtrender.com/orderflow-charts-and-notes-021215/
[08:45]   r m : http://vtrender.com/consolidated-orderflow-021215/
[08:45]   r m : Nifty DEC Future levels | KRA 7905 | Hypo1 above 7982➜8005➜8049 SL 7946 | Hypo2 below 7936➜7912➜7889 SL 7987
[08:45]   r m : Banknifty DEC Future levels | KRA 17080 | Hypo1 above 17392➜17485➜17620 SL 17290 | Hypo2 below 17180➜17085➜17020 SL 17285
[08:46]   Vaibhav : good morning rm
[08:47]   r m : Hi Vaibhav
[08:50]   Vaibhav : @shai will remain absent today also?
[08:50]   r m : Should be back today
[08:51]   Vaibhav : ok
[08:51]   Anay : GM All
[08:59]   Shai : GM all
[09:00]   r m : RBI OMO worth 1.5 billion USD on 7th DEC http://tinyurl.com/p28bhu8
[09:06]   Santosh : Gm all
[09:10]   Sharad : GM all
[09:10]   Ashish : GM all
[09:11]   Tejpreet : GM All.
[09:13]   Shai : NF was not looking good in yesterday’s auction and has not negated the 1 close abv 7950spot
[09:13]   Shai : 7910 F roughy a supp but below that is a drop to 7868 even 7822F
[09:14]   Shai : BNF alos looked weka yesterday and below 17230 can see 17070-16900 roughly
[09:16]   Sandeep : shai, 8100 ce exit?
[09:17]   Shai : positionals – we give 10 mins for the open
[09:17]   Sandeep : ok sure
[09:23]   Shai : some buying is there in 8100 ce at lows this morning- but has to move abv 62 else we will exit
[09:29]   Shai : exit 8100 ce at cmp – 57 now
[09:30]   Shai : wrb bar in NF
[09:30]   Shai : low is 7920
[09:31]   Rahul P : any view on the late spike from nf 7955 to 7989 yesterdy before close ??
[09:33]   Shai : looked like shortcovering
[09:33]   Shai : there were greens at the bottom on the daily
[09:38]   Shai : Sell BNF near 17220 sl of 17278 tgt 17168/ 17132
[09:46]   Varun : 14:41] Varun : with excess as stop bnf cld do lower balance vah[14:41] Varun : min that is 180 or so
[09:46]   Varun : on 1st
[09:47]   Vaibhav : well read varun..
[09:47]   Vaibhav : abhi kya dekh rahe ho?
[09:47]   Varun : if vah goes val around 17050
[09:51]   r m : @Varun +1
[09:52]   Vaibhav : call active
[09:59]   Sandeep : woah whats that buyer in 5 min
[09:59]   Sandeep : 305250
[10:00]   Tejpreet : Buyer or varun covering his shorts 🙂
[10:00]   Varun : i am on for 7770
[10:00]   Varun : just take out 7870
[10:00]   Tejpreet : Whoa !
[10:02]   Varun : 3 lakh buyuer unable to oush price higher
[10:02]   Varun : we can see in this way also
[10:03]   Mahendra : Was that buyer or sombody’s stoploss hit ? at 3 lakh
[10:04]   Varun : if it would be stoploss, thtn we wld have a red
[10:04]   Tejpreet : SL would be sell order looks SC.
[10:04]   Mahendra : Ok thaks Varun
[10:05]   Mahendra : thanks*
[10:06]   Shai : that NF buy is huge
[10:06]   Mahendra : seems that they are getting out weak players before up
[10:07]   Shai : No Mahendra bulls failed miserablly near 8000 F
[10:07]   Shai : No buying came when all they had to do was push a bit
[10:07]   Mahendra : Yes i agree
[10:08]   Mahendra : But today our buyers are also defending their zone
[10:09]   Mahendra : from where market moved up in this series
[10:10]   Shai : true- need to see more
[10:10]   Shai : will say 305250 is a very big order though
[10:10]   Shai : his job is to push abv vwap now
[10:10]   Shai : else he will give up
[10:11]   Mahendra : yes 🙂
[10:11]   Shai : Good view on BN Varun y’day
[10:12]   Shai : see a rise to 17390 in coming days as a chance to reshort BNF
[10:12]   Varun : thanks shai
[10:13]   RK : GM Shai,RM and all 🙂
[10:14]   RK : Shai keep this below VWAP all day..my brokers office in Chennai waterlogged.all servers down..can’t login to NEST..
[10:15]   Shai : oh man- sorry to hear that
[10:15]   RK : entire Chennai mobile network also down..so cant speak to anyone..
[10:15]   Varun : rk value in ib is non overlap down, so more or less ur safe
[10:15]   R Goel : take care man RK
[10:15]   Tejpreet : And yougot open positions on line RK .
[10:15]   RK : Tej as usual huge 🙂
[10:16]   RK : 80/20 short/long
[10:16]   Tejpreet : That is bad ….any alternative account you operate.
[10:16]   Varun : i feel if ure trading huge positions
[10:16]   Varun : always have 2 accounts
[10:16]   Shai : sad scene in Chennai- I know few guys too withou power and helpless
[10:17]   Rahul P : any short call for nf ??
[10:17]   RK : Yep having alternate a/c..so the 20% long will be hedged if we break down
[10:17]   r m : yep, no power hence no communication
[10:17]   Rahul P : sell at vwap ??
[10:17]   RK : Yes Shai..my co brother family badly stuck..no communication since yday morning
[10:18]   Mahendra : test of thea t buyers
[10:18]   RK : Power is not there since 2 days..so all mobile towers rang with gen sets also gone dead after diesel gone dry..
[10:18]   Mahendra : that buyer
[10:19]   RK : thanks Varun..keep me safe all day down 🙂
[10:19]   Varun : u mite hit a jackpot
[10:19]   Ashish : Shai, BN 17000 PE resistance and support levels please
[10:20]   RK : the concern is some shorts are triggering now..cant enter..:)
[10:20]   Varun : now ure being greedy 😉
[10:20]   Shai : Ashsh don’t have levels on BN options but iff we break 17168 today tthen you get 17065
[10:20]   Ashish : Thanks Shai 🙂
[10:21]   Varun : already stuck and u want more positions 😉
[10:21]   RK : no man not greedy :)..upside played only with half of the size..wanted to go with 100% when reversal happening 🙂
[10:21]   RK : you know mother or moves are normally missed by one or other reason..so who knows? 🙂
[10:21]   RK : *mother of moves
[10:22]   RK : that’s fate of trend follower..all through tough times he sit with his losing trend but somehow miss a super trend always..lol
[10:22]   Varun : 🙂
[10:24]   r m : @Ashish, BNF 17K PE TPO chart with volume profile http://screencast.com/t/MzJMhavddv
[10:24]   Ashish : Thanks a lot RM 🙂
[10:24]   r m : welcome 🙂
[10:24]   Varun : awesome rm
[10:25]   r m : truedata has esignal plugin but modified codes so is able to feed BNF options
[10:27]   Rahul P : rm, can we have a weekly composite plz ?
[10:27]   r m : @Rahul, for which scrip?
[10:27]   Rahul P : nf
[10:29]   r m : @Rahul http://screencast.com/t/u6WvKAkpd
[10:29]   Rahul P : thanks mate
[10:30]   r m : welcome
[10:30]   Rahul P : wow, this looks wonderful
[10:30]   Varun : rm same profilr of nf if u merge from 8/11
[10:30]   Varun : till today
[10:30]   Varun : mite give u dimple at 7770
[10:30]   Varun : can u try
[10:33]   r m : @Varun – http://screencast.com/t/5jsYt7vzRl7
[10:33]   r m : today is like a kid playing in mother’s lap 🙂
[10:34]   Varun : cn take support at 7880
[10:34]   Varun : huge vol required to break it
[10:34]   r m : Value area is calculated with volumes in that profile
[10:34]   r m : not TPOs
[10:37]   Rahul P : draghi tonight…..may not break 7880 today
[10:37]   Rahul P : chances of gap up tmrw also…..after taht is back to pavilion.?????
[10:47]   Shai : Don’t see a big ecember till we close abv 7950 plus few convincingly
[10:47]   Shai : December*- bull case that is
[11:00]   Shai : exit balance BNF- flat on intra also now
[11:02]   Shai : Keep a new sell in BNF below 17165 sl of 17209 tgt 17070. Sell below**
[11:02]   Tejpreet : Godd explanation about poor highs and lows.http://www.marketcalls.in/market-profile/poor-high-and-poor-low-market-profile-structure-explained.html
[11:02]   r m : Thanks Tejpreet!
[11:03]   Tejpreet : Welcome ji.
[11:41]   Shai : NF- https://vtrender.slack.com/files/shai/F0FQAMYMC/weekly_nf.png
[11:43]   Mahendra : Shai, we are moving above vwap, should test days high?
[11:46]   Shai : at vwap still- use 7933 re line for a move to 7952/59 mostly with sl just below vwap
[11:48]   Shai : 17251 BNF a seller
[11:49]   Ashish : Shai, 7875 spot as per weekly levels is still saved. If we trade below it for 30 minutes can fresh shorts be initiated?
[11:49]   Shai : yes
[11:49]   Ashish : thanks
[11:50]   Shai : BNF : https://vtrender.slack.com/files/shai/F0FQA3P09/weekly_bnf.png
[11:57]   Shai : makes sense to short 17500 ce at 247 currently
[11:57]   Shai : dec 15 -16 is FED meetup and IV should start rising next thurs onwards
[11:58]   Shai : or on a fall next which won’t affect the short CE
[12:42]   Vikkas : hi evrybody
[12:42]   r m : Hi Vikkas
[13:11]   Varun : heavy sellinin 30 mins
[13:11]   Varun : big sellers
[13:12]   Janak : can sell bn for 170?
[13:12]   Rahul P : @ varun, you wanna takke down 7880 today itself ??
[13:12]   Varun : i cn only watch;)
[13:13]   Rahul P : that buyer holding out
[13:14]   RK : Varun me too forcibily only watch 🙂
[13:14]   Mahendra : yup that is only hope
[13:14]   Varun : rk told u its safe fr today 4 hrs below range low
[13:15]   Rahul P : not finding any fresh trade set up 🙁
[13:15]   Rahul P : narrow range play today
[13:15]   Rahul P : best to stay out ??
[13:16]   RK : Varun yep only consolation was my stops are way above..until unless mkt does ABDV 360 I might be safe even for tmw’s session 🙂
[13:20]   Varun : dnt worry these r indian tracks,tough froabdv to do 50 also
[13:24]   RK : :))
[13:25]   RK : looks like last min 30 mins getting out
[13:26]   Shai : a big QE expected from Draghi- that’s why bears may not be pushing hard here
[13:27]   Mahendra : i think short covering will start
[13:27]   Mahendra : or started ?
[13:27]   Janak : damn with draghis and yellens – every week they come and play with the mkts
[13:28]   r m : we got OMO by RR on 7th, that may also infuse liquidity in markets
[13:28]   Shai : ok then – Draghi and Yellen and Rajan 🙂
[13:29]   r m : Sab mile huye hain jee, Janak kee jaan ke peeche pade hain 🙂
[13:29]   RK : roast,toast and fry 🙂
[13:29]   r m : lol
[13:29]   Janak : meri jaan to woh ek sharma le gaya ;
[13:30]   r m : kaun sa? Shankar Sharma? 😀
[13:30]   Janak : bas ek baniyaan or chaddi bacha hei woh pehan ke trading karne ka mazaaa hi…..
[13:30]   Janak : rahul sharma to wed asin
[13:31]   r m : phir to Chennai pahunch jao, wahan to ye perfect dress hai!
[13:31]   Janak : wahin se mangaya
[13:31]   r m : my cousin has a dhaba on poonamallee byepass, he is wading in waste deep water
[13:33]   Janak : are bhai jet airways planes float kar rahe hei fir
[13:34]   r m : yep, those aicrafts will take a couple of days to be inspected and certified fit to fly even after water recedes
[13:35]   Janak : they have shifted landings to army airbase nearby
[13:35]   r m : naval base, arakkonam
[13:35]   Janak : ok
[13:35]   r m : tambaram is airforce base but smaller runway
[13:36]   r m : so huge transport plances unable to land there
[13:36]   Janak : so poorly planned infra in chennai
[13:36]   Mahendra : spike
[13:36]   r m : bhago bhago bull aaya 🙂
[13:37]   Mahendra : lol
[13:38]   Shai : Keep an NF buy abv 7934 dl of 7920 tgt 7956
[13:40]   Sandeep : shai, if sell 17500 ce now, what should be ref level to watch or SL?
[13:40]   Shai : should not cross over 17390 on 30 min TF
[13:40]   Shai : 17390F
[13:41]   Mahendra : Varun, morning singles will go?
[13:42]   Shai : it’s a longer TF play till expiry and hoping for decay so don’t go by a few ticks here and there, but watchout for a firm move abv 17390 F to take action by buying a pretotctive 17600 call or existing
[13:42]   Shai : some one selling at 7928 last few mins
[13:58]   Janak : bn will either shoot up 100 or 100 down from here
[13:58]   Janak : guaranted
[13:59]   Rahul P : either FA or 80% rule on nf to play
[14:01]   Shai : sharp seller in BNF
[14:07]   Nandesh : nf by cal active???
[14:08]   Shai : yes
[14:08]   Nandesh : k
[14:10]   Janak : rbi or fed could not make the mkt rally and now draghi will do it ? 🙁
[14:13]   Shai : big seller in NF 7946
[14:17]   Shai : close out NF intra longs7942
[14:17]   Rahul P : play for FA on nf ??
[14:18]   Shai : below 7928 can do day lows again
[14:18]   Rahul P : superb
[14:20]   Shai : Sell BNF 17280 sl of 17330 tgt 17220/ 17185
[14:32]   Abhishek : Shai..chances of day low brk too below 7920?
[14:33]   Shai : is a strng support there
[14:34]   Shai : been highlighting 7910 and 7999 since last friday as the move to go through
[14:34]   Shai : that 133050 seller is making big money already
[14:35]   Ashish : hope he will pour in more
[14:38]   RK : 3.3 buyer made money and 1.33 seller made money..so moral of the story – bet big and quit quick 🙂
[14:38]   RK : we retails do just opposite..bet small and wait till death 🙂
[14:38]   Tejpreet : About big not sure but yes quick is the way to be !
[14:38]   Ashish : but from where to get the money to bet so big 🙂
[14:39]   Varun : moral of the story, both faded spikes
[14:39]   Varun : so can do with ur qtyty size
[14:39]   RK : Varun you mean to reduce bets?
[14:39]   RK : as OTF at both end?
[14:39]   Varun : u see a spike, u see abig buyer seller, enter with ur risk
[14:40]   Shai : yes forgot about that 305250 order
[14:40]   Varun : with a ten point stop
[14:40]   RK : oh you want to bet big when vol player fading..
[14:40]   Shai : aggree the business has become short and sweet
[14:40]   RK : Yes Shai..can’t believe they move this much in a narrow range
[14:41]   Varun : and too boring
[14:41]   Varun : gone days of 100/150 points
[14:41]   Mahendra : i think that the buyer at 7908 has sold on 7946
[14:41]   Varun : now if u get 15/20 its time to book
[14:41]   Shai : There is one guy in our room here – Shankar – who buys options everytime the red or green is higher than 50000 and trades a 15000 size for that order through zerodha
[14:41]   Mahendra : and liquidating
[14:42]   Ashish : 50000 in 5 minutes Shai?
[14:42]   Varun : like joins tht 50000
[14:42]   Shai : don’t know if he got in at 7945
[14:42]   Tejpreet : That is a good size .
[14:42]   Shai : yes Ashish
[14:42]   Rahul P : FA in play on nf ???
[14:43]   Varun : but we get too many 50000
[14:43]   Rahul P : target a new low ??
[14:43]   Shai : I had told him 35000 to watch for
[14:43]   Varun : does he scalp or ?
[14:43]   Ashish : thanks Shai for sharing it
[14:43]   Shai : scalp
[14:43]   Tejpreet : This vol spike indicator is very good for scalp .
[14:44]   Shai : Options only through zerdha
[14:44]   Tejpreet : Can vouch for around 10 points with 80 % success.
[14:44]   Shai : yes the busines sis getting faster
[14:44]   Shai : have to trade big and fast
[14:45]   Shai : more sellers now n NF
[14:48]   Shai : tgt 1 in BNF – HOld with tsl at 17275 the balance
[14:53]   Shai : NF can do a neutral extreme
[14:53]   Shai : high chances of going below 7904
[14:54]   Mahendra : now will know that 7908 will hold or not
[14:54]   Mahendra : very interesting to see that
[14:54]   Shai : yes
[14:55]   Shai : if it goes below we have an FA 7949
[14:55]   Rahul P : he may run fo rcover
[14:56]   Mahendra : i am more interested to see that buyer…:-)
[15:05]   Vaibhav : …..no blinking
[15:05]   Vaibhav : gone
[15:05]   Shai : hmm
[15:06]   Nandesh : now target for BNF]
[15:06]   Mahendra : that buyer has sold on 7946 and liquidated after that
[15:06]   Shai : Book BNF short call fully- 17191 now
[15:08]   Shai : 313575 is another big buyer
[15:09]   Shai : profile headed for a neutral extreme with an FA at 7949 : (14:53) Shai :NF can do a neutral extreme(14:53) Shai :high chances of going below 7904
[15:10]   Ashish : claps claps 🙂
[15:11]   Nandesh : next suport in bnf
[15:12]   Shai : 17070
[15:12]   Nandesh : can sh here
[15:12]   Shai : BNF also a neutral extreme
[15:12]   Shai : technically not a new short entry as we have to wait out tom open
[15:12]   Nandesh : ok
[15:12]   Shai : but existing shorts from higher levels are holding
[15:16]   Janak : EU is up so again US mkt will close in green we have a gap up here?
[15:16]   Rahul P : most likely yes….draghi big QE coming up
[15:16]   Shai : yes seeing some buying here
[15:16]   Rahul P : @ shai, that algo was all buying or short cover ??
[15:16]   Shai : that 314850 buyer is also staying with 14 mins to go
[15:17]   Shai : looks like a Buy algo to me Rahul
[15:18]   Shai : 7892 is the price
[15:22]   Janak : or US also will tank today?
[15:22]   Janak : then we have a follow up sell-off tom
[15:22]   Sandeep69 : shai any btst or stbt here
[15:25]   Shai : Not a new one Sandeep as we are at neutral extreme today
[15:25]   Shai : no stbt, btst but existing shorts will continue
[15:26]   Sandeep69 : do we have any position open ?
[15:26]   Shai : Not on the trade book , but had recommended a 17500 ce earlier today short
[15:26]   Sandeep69 : okay
[15:27]   Shai : fresh positionals tom
[15:27]   Sandeep69 : thanks
[15:28]   Shai : that buyer is staying
[15:28]   Shai : if the mkt opens against him tomorrow down , we can have a 100 down with 7826 as 1st point
[15:30]   Ashish : Thanks and bye all
[15:30]   Shai : Bye all
[15:30]   Tejpreet : Bye All.
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Sandeep69 : bye everyone
[15:30]   Rahul P : thanks all…bye
[15:30]   Shai : Have a nice evening
[15:30]   Chandramouli : bye everyone
[15:30]   Abhishek : Thanks bye all
[15:30]   Shanmugasubramanian : bye all
[15:30]   Anay : bye all
[15:31]   Porus : bye all

[09:21]   Tejpreet : Shai views on INFY showing some buying at morning lows .
[09:25]   Shai : infy 1056 is last week’s val and price has to cross 1068 for sterngth
[09:25]   Shai : below 1055 can see 1038
[09:26]   Tejpreet : Thanks Shai.
[09:32]   Vaibhav : shai, siemens levels pl?
[09:40]   Ashish : Shai, justdial downside targets?
[09:40]   Shai : siemens at the lows of the last 3 weeks, has supp at 1189 , seeing some buying at open but has to close abv 1212 today for 1240 plus
[09:42]   Shai : just dial 862 is a supp but if that goes then 797
[09:42]   Ashish : Thanks Shai
[09:53]   Sandeep : shai, bhel levels for today?
[10:08]   Shai : behlw weak below 172 intra and intra tgt 1701 done – look for weakness below 170 now for 168.6 and 167.3 sl abv 172 if you carry
[10:09]   Shai : 170.1
[10:12]   Sandeep : thanks shai
[10:12]   RK : GM Shai,RM and all
[10:13]   r m : Hi RK
[10:25]   Ashish : Shai, M&M can drop to 1300-1310 levels?
[10:34]   Shai : today’s move down may find supp here 1351 but below this 1333- 1337 stronger supp
[10:35]   Ashish : OK.. thanks shai
[11:55]   Ashish : Shai, eicher motors strong move today, can see 17895 above 17150?
[12:00]   Abhishek : Shai…lvls for icici pls
[12:07]   Shai : yes trend day up in eicher
[12:07]   Shai : can see 17870
[12:08]   Shai : icici range bound is weak below 268.6 and should see 265.7 and 264.5
[12:14]   Abhishek : ok…thanks
[12:27]   Nandesh : tatasteel level pls
[12:32]   Abhishek : pls hlp with lvls of bharti and hul too..
[12:33]   Shai : tata steel 235 is a supp and likely to hold for ST , 245 still possibe and buy on dips
[12:33]   Nandesh : k….thanks
[12:36]   Shai : Bhart a weekly objective was hit yesterday- current prfile is range bound and don’t see a new intra entery here 326- 320 for today
[12:37]   Abhishek : positional on bharti? holding @318 yst
[12:37]   Shai : hll sliding towards 808 and 804 sl is abv 824 on day and 831 is a sell on rise
[12:38]   Shai : see a clos ebelow 322 only a sign of new weakness in bharti- may rise a bit before a fresh short comes
[12:38]   Shai : let’s today’s profile conclude
[12:39]   Abhishek : ok..thanks a lot bro
[12:50]   Ashish : Thanks Shai for Eicher 🙂
[12:51]   Pawan : hi, levels for tata motors please
[13:00]   Janak : cipla is a sell shai?
[13:00]   Janak : sl and tgt?
[13:07]   Shai : tata motors has supp at 403 but mat come down further to test 394 in intra in ext 1- 2 session
[13:08]   Shai : 380 is a spoutional support for MT
[13:08]   Shai : positional*
[13:09]   Shai : yes cipla getting a bit weak sl of 649 from here for 639
[13:11]   Janak : 649 in fut? that is too tight shai?
[13:16]   Shai : cash
[13:16]   Shai : 651.5 better sl though
[13:17]   Janak : ok
[13:17]   Tejpreet : Shai can you look at VISASTEEL huge volumes .
[13:18]   Janak : can sell tatamotors fut at 408?
[13:24]   Shai : yes visasteel vol is very big- poential move signals 24 nd 28.5 with sl below 16 now
[13:25]   Shai : yes TTM seeing sellers
[13:26]   Tejpreet : Thanks Shai.
[13:49]   Tejpreet : Drreddy can go for the gap fill now Shai.
[14:02]   Shai : yes for 3340 but sl is still 3110
[14:03]   Tejpreet : Got it no futures play maybe buy some call .Thanks .
[14:05]   Ashish : Shai, ashok leyland downside targets please?
[14:05]   Ashish : and stop also
[14:08]   Shai : ashok ley getting weaker can drop to 90.7 and 89.5 – rises to 96.4 to be sold
[14:08]   Shai : current day sl is 93.5
[14:08]   Ashish : Thank youuu
[15:01]   Sumit K : Shai – ONMOBILE levels
[15:07]   Shai : onmobile 130.9 supp into tom – if it breaks can drip to 125.7