OrderFlow charts dated 21st May 2018
09:04 Vtrender Live : (09:02) Vtrender Live: 30 min charts- https://global.gotomeeting.com/join/918535789
(09:04) Vtrender Live: option charts- https://join.me/261-148-968
09:06 Shai : (09:05) Shai : https://vtrender.com/evening-marketprofile-report-dated-18th-may/
(09:05) Shai : https://vtrender.com/weekly-outlook-for-week-dated-21st-may-to-25th-may-spot-prices/
09:25 Shai : (09:25) Shai : Intra : keep a BNF short open below 25920 sl of 25979 tgt 25840. cmp 25949. short below*
09:28 Shai : (09:27) Shai : Update : close the 10700 ce at cost here 44-45.
09:35 Shai : (09:35) Shai : avoid the BNF sell below
10:35 Shai : (10:34) Shai : Intra : Buy BankNifty 25800- 805 sl of 25740 tgt 25880/ 25930. Trade a smaller size.
10:54 Shai : (10:53) Shai : update : close the BNF long trade at cost 25800- 25805
10:59 Shai : (10:58) Shai : Intra : short Nifty below 10565 sl of 10595 tgt 10513. cmp 10571 short below**
12:25 Shai : (12:25) Shai : NF 10550 book half and bring sl to 10572 for rest of the trade
12:30 Shai : (12:29) Shai : Close the NF shrt 10555
13:17 Shai : (13:16) Shai : Intra : short Banknifty 25730 sl of 25840 tgt 25630/ 25580
13:19 Shai : (13:16) Shai : Intra : short Banknifty 25730 sl of 25840 tgt 25613/ 25580
14:35 Shai : (14:35) Shai : Close the BNF shorts at 25777-25783
09:02 Vtrender Live : 30 min charts- https://global.gotomeeting.com/join/918535789
09:04 Vtrender Live : option charts- https://join.me/261-148-968
09:04 Uttam : Good Morning All 🙂
09:04 Shai : gm ALL
09:05 Santosh : GM…
09:05 Kathir : GM Shai all
09:05 Shai : https://vtrender.com/evening-marketprofile-report-dated-18th-may/
09:05 Aiholi : GM all
09:05 Shai : https://vtrender.com/weekly-outlook-for-week-dated-21st-may-to-25th-may-spot-prices/
09:06 Mihir : Good Morning everyone 🙂
09:07 Jitender : Gm Shai, Folks 🙂
09:14 Shai : ability to stay above 10597 decisive at the open
09:14 Shai : supply overhead at 10650
09:14 Praneeth : GM All, shai your view on usdin pls
09:15 Shai : 68.30 res but swing stays up above 67.60 and 67.30
09:16 Praneeth : thanks shai
09:16 Shai : BNF sold at open
09:16 Shai : NF also
09:17 Uttam : NF breaking Friday lows
09:17 janak : pos. 10700 ce still open?
09:19 Shai : yes
09:20 Shai : RB in NF
09:24 Uttam : NF staying below VAL of Friday & BNF staying above VAH
09:25 Shai : Intra : keep a BNF short open below 25920 sl of 25979 tgt 25840. cmp 25949. short below*
09:27 Shai : Update : close the 10700 ce at cost here 44-45.
09:28 Uttam : /that CE got sold at open today Shai? Pink band there
09:28 Shai : yes too many reds in the CE to be confrtable to hold
09:30 Uttam : ORR in NF & OAIR in BNF Shai?
09:32 Uttam : BNF seems to be going for Friday high test?
09:32 Kathir : @ jit is that Tata steel – bhusan news positive for some banks?
09:33 Jitender : ys Kathir
09:33 Jitender : esp Sbi
09:33 Kathir : ok. ty jit..sbi up 2 % and icici also
09:34 HK : Jit NEST loading?
09:34 Jitender : ys
09:34 Jitender : wc K
09:35 Shai : avoid the BNF sell below
09:36 Uttam : (09:32) Uttam : BNF seems to be going for Friday high test? almost there
09:36 HK : ok jit not loading yet for me
09:36 Shai : yes
09:36 Uttam : 26k red in BNF
09:36 Shai : BNF got pushed last 5 mins
09:36 Uttam : pink band coming here but getting neutralised on 5mins
09:37 HK : 10718
09:37 Shai : 10k+6K+17K
09:37 Uttam : NF on track to break OH start
09:37 Aiholi : why bn is running very fast ?
09:38 Uttam : green band at open in 26100ce giving good move
09:39 Mihir : PSU’s firing up. Seeing loads of cash buying.
09:40 Aiholi : shai is this short covering in bnf
09:41 Jitender : ys
09:41 Uttam : if BNF sustains above 26075 can tag that vpoc of 26140
09:41 Uttam : selling seems to be getting absorbed here in BNF
09:41 Kathir : pink band in NF 30 mins ?
09:41 Jitender : yup
09:44 Shai : crowded trade NF
09:44 Shai : can do 10650
09:44 Shai : will wait at vwap since there is a pink band
09:45 Shai : pnk is through this RB early at 9.20 – (09:20) Shai : RB in NF
09:50 Shai : BNF may not hold vwap
09:51 Kathir : gone
09:51 Shai : 25950 in it
09:52 Kathir : 09:41 Uttam : if BNF sustains above 26075 can tag that vpoc of 26140 – unable to 🙂
09:52 Shai : a quick 2 way auction here today
09:52 Shai : OAIR
09:53 Shai : but has the edges defined and active
09:55 Uttam : pink band in BNF here
09:56 Uttam : BNF headed for 80% looks like
09:56 Uttam : 25870-845 coming
09:56 Jitender : i love theese bands man !
09:57 Shai : 916- (09:50) Shai : BNF may not hold vwap
09:57 Uttam : +1 Shai
09:57 Jitender : +1
09:57 Mihir : +1 Jit. So good they are.
09:58 Shai : first hour 2 way auction . If you have not been quick you have lost 2- 4 times already
09:58 Shai : if quick then 4 good trades
09:58 Shai : one RB in NF at lows
09:58 Shai : could be cover of the shorts
09:59 Shai : Let IB get done – we will respond
09:59 RK : GM Shai and all
09:59 RK : this would happen mostly at extremes..drain your emotional capital then make the reversal..(09:58) Shai : first hour 2 way auction . If you have not been quick you have lost 2- 4 times already
10:01 Kathir : +1 RK
10:03 Jitender : perfect setup n trades today …in both
10:03 janak : that bn sell was on but later on after the initial spike up
10:04 Aiholi : not able to see charts now
10:05 Kathir : no chatrs
10:06 RK : I hope they are not planning for normal day today
10:08 Kathir : 🙂 today move likw karnataka election results
10:09 Santosh : No Floor test…haha…good one kathir
10:09 Kathir : @ RK if not mormal day.then move one side..which side RK ?\
10:10 Kathir : yes santosh 🙂
10:10 Kathir : charts up for all ?
10:10 Aiholi : I am not getting the charts in this room ?
10:10 Santosh : no chart sharing now
10:10 Jatin : same here
10:11 Uttam : (09:56) Uttam : 25870-845 coming…Done
10:11 Kathir : then shai will make it
10:11 Kathir : perfect uttam..very fast also
10:13 Jitender : Congrats Uttam
10:14 TP : GM All.
10:16 Santosh : Kathir it seems charts left the assembly house to Raj bhavan
10:17 Santosh : 😉
10:17 Kathir : 🙂
10:18 Aiholi : to take power or to resign
10:18 Kathir : shai not here ?
10:18 Uttam : BNF low so far 25844.3
10:18 Uttam : perfect 80% played out today
10:18 Santosh : it was nice trade of short BNF
10:21 Aiholi : yes any trade right now ?
10:21 Santosh : nope…we avoided that
10:24 janak : where is shai? last was seen with Kumaraswami at Sonia-Pappu’s house 😉
10:29 Santosh : no charts yet
10:29 Aiholi : what is the reason for high volatality in bnf ?
10:30 Uttam : NF at IBL
10:30 Aiholi : bnf day low broken
10:30 Uttam : yep IBL gone in BNF
10:30 Santosh : charts back
10:30 Uttam : BNF testing last week lows
10:32 Aiholi : are big players taking long now here in bnf ?
10:34 Aiholi : we missed big movie in bnf today ? any positions now ?
10:34 Shai : Intra : Buy BankNifty 25800- 805 sl of 25740 tgt 25880/ 25930. Trade a smaller size.
10:36 Shai : greens are here in BNF again indicating supply diminishing
10:36 Shai : should test 25880 once if SL is hel
10:36 Shai : positions are in the A tab here and the intra alerts screen of Slack always – (10:34) Aiholi : we missed big movie in bnf today ? any positions now ?
10:47 Jitender : Shai..review usdinr pls
10:48 Shai : sure
10:48 Jitender : tx
10:49 Shai : a few mins- just settling some wild charts down 🙂
10:49 Jitender : np
10:50 Shai : IBL stopped that BNF march of last 20 mins
10:50 Shai : needs to climb abv it quickly again
10:50 Jitender : nf is a positional shrt below 580 now ?
10:52 Shai : yes gettimg weak
10:52 Jitender : k
10:53 Shai : update : close the BNF long trade at cost 25800- 25805
10:58 Shai : Intra : short Nifty below 10565 sl of 10595 tgt 10513. cmp 10571 short below**
11:00 Shai : Had to come out of the BNF trade as it did not show an ability to move abv IBL
11:00 Shai : plr moves lower below vwap/ val/ ibl
11:02 Shai : usdinr swing res at 68.31 and 68.38 this week. supp at 67.60- 67.82
11:03 Shai : Look for a balance in between thse zones if auction stays here
11:03 Jitender : tx
11:03 Shai : 67.54 breaks trend may turn slifhtly lower
11:04 Jitender : k
11:16 Uttam : poor low in NF
11:16 Uttam : 25890 ext handle in BNF
11:29 Jitender : Shai..any green band in 10.7pe around 148-151 area ?
11:30 Uttam : NF does look to test 10548 & 10515, 515 wass weekly ext handle so if that breaks would be a bearish sign
11:31 Praneeth : uttam, any clue of todays bnf ATR?
11:31 Praneeth : we already done 303
11:33 Uttam : BNF ATR is at 252
11:34 Uttam : NF building one more TPO at lows
11:34 Uttam : poorer low now
11:36 Praneeth : thanks uttam
11:36 Uttam : 🙂 welcome Praneeth
11:38 Uttam : delta in NF has been good green Shai since morening?
11:40 Praneeth : bnf spot is @ DL
11:43 Praneeth : bnf reversal in card now?
11:44 Uttam : BN Spot 25755 was a vpoc & that has been tagged
11:48 Uttam : finally that bulky poor low repaired
11:48 Aiholi : nf short activated
11:49 Shai : NF short in
11:49 Shai : one tme frame lower f period now
11:50 Shai : BNF also a short- should do 25700/ 25683
11:53 janak : only worry can be is there is a strong demand at 10560-70 zone
12:04 RK : NF in suffocation..need 15 point spike here
12:05 Uttam : spike up or down RK 😉
12:05 RK : wish I can get that right at exact lows of the day Uttam 🙂
12:05 RK : selling exhaution context wise
12:06 RK : need to break 545-550 to get extn today else might move back to 590-600
12:06 HK : RK MO pls
12:06 RK : -68
12:07 Uttam : yes RK
12:09 HK : ok thanks RK, not significant i guess for now
12:09 Shai : usdinr may be turning back to test 6831 intra
12:12 janak : shai buyers are coming in
12:21 Kunal : pink band developing
12:21 Kunal : in bnf
12:21 Kunal : 5m
12:24 Kunal : green band in nf 5m
12:25 Shai : NF 10550 book half and bring sl to 10572 for rest of the trade
12:25 Uttam : (11:30) Uttam : NF does look to test 10548 & 10515, 515 wass weekly ext handle so if that breaks would be a bearish sign…Nf does low of 10547.85
12:25 Jitender : +1
12:25 TP : Green band in the 545-550 zone , is that you RK:)
12:25 Shai : +1 Uttam
12:25 Uttam : thanks Shai 🙂
12:26 Shai : still one tme framedown
12:26 Kunal : green band in 30m too nf
12:26 Shai : we have to see the RIP coming up in next one hour
12:26 Kunal : RIP ?
12:26 Ankush : whats RIP?
12:27 Uttam : RIP bulls
12:27 Shai : opp of dip is a rip 🙂
12:27 Kunal : haha
12:27 Shai : rip is a short covering rise
12:27 Shai : rise in price
12:27 Ankush : ok
12:27 Jitender : 🙂
12:27 Santosh : ok
12:28 TP : 🙂 Shai
12:28 Uttam : lol 🙂 Shai
12:28 Mihir : 🙂
12:28 TP : NF dpoc still up at 590 ?
12:29 Shai : 590
12:29 HK : @Uttam extn handle was at 10437 last series right, i was looking for a test there – swing
12:29 Shai : Close the NF shrt 10555
12:29 Uttam : 10440 is a weekly vpoc HK & 10515 is weekly ext handle
12:30 Uttam : 10498-478 are singles
12:30 Shai : 10440 is the next bg guy from april
12:31 Jitender : Ag also ges long
12:32 Shai : yes move extended
12:32 Shai : risk reward does not favor short carry or new shrts
12:32 Uttam : +1 Shai
12:46 Jitender : Rk..u went long ? (12:05) RK : wish I can get that right at exact lows of the day Uttam :)(12:05) RK : selling exhaution context wise
12:46 Shai : damn it 10540
12:46 Shai : BNF not making new lows though
12:48 Kunal : i think its time to go long sl 10500
12:48 Kunal : nf
12:48 Shai : can get a rise to 10570/ 10590
12:48 Uttam : we had a poor low again in NF which has got repaired
12:50 Uttam : new ext handle in NF at 10554
13:07 Jitender : nf needs 2 clr tat 554 soon fr any SC
13:10 janak : tussle at 10550
13:12 Santosh : yes janak but all blue delta
13:13 Santosh : in 5 min
13:14 TP : NF should do 2IB below DL and then that 515.
13:15 Jitender : yh…m shrt from 582
13:15 TP : +1
13:15 Jitender : (10:50) Jitender : nf is a positional shrt below 580 now ?
13:16 Jitender : Shai’s weekly report lvl
13:16 Shai : Intra : short Banknifty 25730 sl of 25840 tgt 25630/ 25580
13:17 Shai : we will carry this one till close
13:17 Shai : There is a 200 point drop waiting in BNF below 25730
13:18 Jitender : bth got good greens at lows
13:18 Jitender : sq off
13:18 Jitender : will add below DL nw
13:19 Shai : (13:16) Shai : Intra : short Banknifty 25730 sl of 25840 tgt 25613/ 25580
13:19 Shai : 25613
13:21 TP : 1l buyer at 2ib NF.
13:22 Uttam : pink band forming in 10500pe also
13:23 TP : Shai refresh needed.
13:25 Jitender : lets get back into IBs
13:29 Uttam : NF IBL+vwap aligning at 10580 level
13:32 Jitender : prob is,,,,after a buy at one lvl…followup dies
13:33 Jitender : sum spunk now in greens
13:33 Jitender : Shai’s RIP pendn
13:34 Jitender : 10.4ce sustaining 185..cud do 200..quickly
13:44 Santosh : shai bnf near SL
13:45 Jitender : all out again…
13:45 Jitender : Tej..3xDt dne
13:46 TP : sirjee always ahead …..almost 2x for me.
13:46 Jitender : perfect jee
13:47 Jitender : always behind u …will take another yr to match yr pace 🙂
13:47 HK : Shai, did BNF shorts got triggered?
13:47 Shai : 25777 breaks then breaking 730 is easier again
13:48 Shai : Yes HK we got caught at the edge
13:48 Shai : but if not in short below only
13:48 Jitender : Uttam is standn with a bat at 554 (12:50) Uttam : new ext handle in NF at 10554
13:48 Shai : RIP in BNF done
13:48 HK : @jit, this is not gonne stop until 10437/295
13:49 Jitender : +1
13:49 Shai : 10240
13:49 HK : Shai, wasn;t 10295 RBi day extn handle
13:50 HK : or the previous day I think
13:51 Uttam : lol Jit 🙂
13:51 Shai : will check HK
13:52 Shai : 10240/ 10440 is the last of the initiative buying
13:52 Uttam : 10290 is a weekly vpoc
13:53 HK : Thanks Shai
13:53 Uttam : and we have singles from 10290 to 10253-10139
13:56 Jitender : tis mkt is in a habit of being excess…like in 2017 or Feb/Mar correction or the bounce up2 10900
14:00 HK : time based correction Jit, painful, mostof the stocks in bear grip already, so the keep the index flat and correct the stocks, this 8 yr cycle seems to be that IMO
14:00 Jitender : k..interestn
14:01 Jitender : entire retal & Porinju waiting for midcaps 2 start runn from June
14:01 Jitender : retail
14:01 HK : got some msgs in TL that NF going to LC and 7800 and all that
14:01 HK : no election year is inflationary, mid caps wont fly
14:02 HK : stay away from all cash investments till 2019 elections
14:02 TP : HK circuits are history now due to Algo/ machine orders …. don’t remember when we hit the last one.
14:02 Jitender : i know ..on;y thing is tat before Karnataka we wre at 18.3 lac crore of cash lvls
14:02 HK : Yes tej, ppl are so naive
14:02 HK : dont see NF closing below 10100 this year
14:03 Jitender : dun see cash lvls going abv 19lac cr
14:03 Jitender : or going below 17lac cr
14:03 HK : only risk is Mf redemptions from retail, if it happens then bulls are done and dusted due to indexation
14:04 Jitender : waitn fr tat
14:04 Jitender : mkt never rewards the late guys
14:04 Jitender : or who invest lokkn at TV ads
14:04 HK : I was referring to SIP that is going to flow for next few decade becos other asset classes like RE/gold not performing
14:05 Jitender : Gold shld run now
14:05 Jitender : RE has bottomed
14:05 HK : ppl are stuck and the mentality is to average, typical human emotions
14:05 Jitender : lets c
14:05 HK : sorry guys for the chatterbox
14:06 Jitender : why sorry..pls keep them flown man
14:06 HK : the only good news is USDINR and crude likely to tumble in short term
14:06 TP : Those greens at lows still holding …don’t see any big exit at 555 level.
14:07 HK : Varun know better abt RE
14:07 HK : Is he in the room?
14:07 Jitender : m also a developer…but only indiv plots
14:08 HK : cool Jit
14:08 HK : RERA is a failure right?
14:08 Jitender : ys
14:08 Jitender : state n bearucrats r hand in glove
14:10 TP : bnf holding on to dpoc…577 .
14:11 Praneeth : shia, i couldn’t enter bnf short, can i enter now?
14:11 Praneeth : *shai
14:13 HK : BNF can be shorted here right ? 13:47 Shai : 25777 breaks then breaking 730 is easier again
14:14 Shai : idea was to secure 200 points below 25730
14:14 Shai : so short below now
14:14 TP : BN vol have dried up below 577.
14:15 HK : and profile is also b
14:15 Praneeth : thank sshai
14:17 Shai : yes b
14:17 HK : Pharma down 3% no end to selling!
14:24 Kunal : nf & bnf RSI in 1hr TF is below 20 already.. oversold conditions..
14:25 Jitender : 1 lac buyr wud start sweatn now
14:25 Shai : It is being driven by a higher tF snce last tuesday
14:25 Shai : don’t get stuck in the 30 misn and the 60 mins
14:25 Jitender : +1
14:26 TP : 730 again +1 chief.
14:27 Shai : 730 has to break for an easy ride in that apr composite
14:27 TP : Maybe a gap move 🙂
14:29 Shai : or 60 mins which are left
14:30 Jitender : sbi results morrow
14:31 Shai : That 10700 ce is now 21. we exited at 45
14:31 TP : that would be a big trigger jit.
14:31 Shai : that pink band was very early at 49 right in the first 3 mins
14:31 Jitender : fr ID only Tej
14:31 Jitender : ys Shai
14:31 Shai : sbi comes at 1.30?
14:32 TP : generally in afternoon.
14:33 Shai : yes
14:33 Kunal : delta divergence in nf
14:35 Shai : Close the BNF shorts at 25777-25783
14:37 TP : Shai NF dpoc still showing 590?
14:37 Shai : yes
14:37 TP : tks .
14:47 janak : bnf is absolutely in 50-70 pts range – not tradeable since last 3 hrs
14:48 janak : US mkt superstrong…..
14:48 janak : shai 25500pe wud be a good buy?
14:50 Shai : for carry?
14:50 Shai : trade the break of this range now for tom in BNF
14:51 TP : range you mean 730-840.
14:52 Santosh : Shai lots of green orders in the whole range
14:53 Santosh : could be covering?
14:54 Shai : yes TP
14:54 Shai : for now BNF unable to brea below 730
14:54 Jitender : inspit of all tis greens..nf still below 554 & bnf below 840
14:54 Shai : can speark a rise above 850 tom
14:54 Shai : 850- 880 critcial tom
14:55 Shai : 200 point upmove if it moves above
14:55 Shai : clean short below 730 again
14:58 TP : Shai for the range break …buy 258k combo 305 sell 256k/2600k strangle 145.
15:00 HK : too many traders in chatter calling this as bottom
15:07 Praneeth : shai, bnf close at dpoc?
15:07 Jitender : nest konked off
15:07 TP : working fine for me.
15:08 Jitender : k
15:08 janak : yes 10600pe also in NF – CF
15:08 janak : maruti 8300 pe also CF
15:09 Shai : yes close at dpoc- (15:07) Praneeth : shai, bnf close at dpoc?
15:10 Praneeth : oh it shifted
15:11 Shai : NF did
15:18 Praneeth : thank shai
15:18 Aiholi : shai bnf market profile is it b shape today ?
15:18 Shai : yes
15:19 Aiholi : so how we use this for tommorrow positions in bnf
15:21 Uttam : today’s POC will be imp ref for tom and abv 25845-850 which is where the stem of ‘b’ starts we can expect a test of highs of the stem
15:21 Uttam : if gets rejected at 25800 tom at open and moves lower breaking today’s low then can expect good move downside
15:22 Shai : @aiholi just meantiond about the profile
15:22 Shai : (14:54) Shai : 850- 880 critcial tom(14:55) Shai : 200 point upmove if it moves above(14:55) Shai : clean short below 730 again
15:22 Shai : 2 lomg liquidation profiles have weakned the structure in BN
15:23 Shai : may show 25000 again in coming 2 weeks
15:23 Shai : rises to 26200 can get sold #swing
15:24 HK : so these guys have been selling for 5 days in row right Uttam
15:26 Uttam : you mean FIIs HK?
15:26 HK : no Uttam, NF/BNF -ve close for 5 days
15:27 HK : typically it lasts for 6 days and then some relief,
15:27 Uttam : oh ok yes bearish close yet again…
15:29 Jitender : bye all
15:29 Shai : dpoc close
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 TP : Bye All.
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Aiholi : Bye all
15:29 Praneeth : bye all
10:52 Gaurav : Shai can buy MCX and DLF? Dlf non stop fall from 222-225 levels
10:56 Mihir : Shai can you help review welent? Positionally?
10:56 Mihir : Thanks.
10:57 janak : maruti did 8288 as day low now at 8428 – is there a re-entry to shorts?
11:33 HK : Shai, please review Jet airways positional, sustaining below 425 and seems some fresh selling
12:01 Shai : mcx not good for positionals below 775. Any rise to 775 may attract selling
12:02 Shai : 730- 734 immediate supp for today open but rise to 770 may ger sold
12:03 Shai : DLF has support at 192 on this drop
12:04 Shai : look for a small rise to 206 as a counter momentum trade with sl below 192 on 30 min closing
12:04 Ankush : results today for dlf
12:06 Shai : welent strong stock positionally dips to 160 are all buys. stock headed t 217/ 236
12:08 Shai : yes jet gone weak
12:08 Shai : trend of the LT is now down for 340
12:13 Mihir : Shai, RIL Positional view pls
12:43 TP : Moody’s downgrade for PNB ratings.
14:03 janak : maruti 8475! retraced almost entire fall
14:31 Mihir : Thank you Shai Shai : welent strong stock positionally dips to 160 are all buys. stock headed t 217/ 236
14:32 Shai : RIL 920 is a good support band
15:04 janak : shai maruti 8300pe can be bought?
15:04 janak : 48-50