OrderFlow and notes of 3rd Sept.

[08:56]   r m : Good Morning folks!
[08:57]   Sharad : Good Morning RM …
[08:58]   r m : Hi Sharad
[08:58]   Sharad : Hi i have started trading again…
[08:58]   Sharad : so on trial for 2-3 days
[08:59]   r m : ok
[09:00]   Shai : GM all
[09:00]   Shai : http://vtrender.com/levels-and-plan-for-03rd-sept/#more-22581
[09:01]   Rahul G : Hello all GM
[09:02]   Rahul G : GM rm , shai and sharad
[09:02]   Mandar : Good morning all
[09:03]   r m : Hi Shai, Rahul, Mandar
[09:05]   Sharad : Hi all
[09:09]   r m : Pre-market suggests open above PDH for both NF and BNF
[09:09]   r m : yesterday also pre-market opened above PDH but actual open was within range
[09:14]   Shai : 3IB day yesterday
[09:15]   Shai : with evidence of sellers in the last 30- 35 points
[09:15]   Shai : either they stay back today and float the market or they cover and we rally again
[09:16]   Dr Bansal : Shai,GM.
[09:16]   Shai : 8142 is what we waited for last eve at teh close and we get it in the first second today 🙁
[09:18]   Shai : BNF fale point alert at 16295
[09:18]   Shai : *fake
[09:19]   Shai : GM Dr
[09:20]   Shai : we are looking to buy BNF near VAH now for that 16295
[09:24]   Shai : Buy BNF abv 16218, sl 16190, tgt 16252/ 16295
[09:24]   Dr Bansal : shai,can buy bnf here?
[09:24]   Dr Bansal : ok.
[09:24]   Shai : Buy abv 218 only
[09:32]   Shai : Early morning NF confirming below pdh mostly
[09:34]   Shai : 16295 is a fake point with bid ask of 16205
[09:34]   Sumit : gm everyone
[09:35]   Shai : the reason for that long trade is that BNF mostly goes to these points during the day ir-respective of the TA involved
[09:35]   Shai : but let it come abv VAH for us to put that in action
[09:39]   r m : BN chose to do 80%
[09:39]   Shai : 80% yes
[09:41]   Shai : Sellers coming in NF
[09:42]   Shai : Sell NF 8127- 8130 sl 8144, tgt 8112/ 8087
[09:46]   Shai : Now that short in BNF near 16170 looks like a lost opportunity 🙁
[09:46]   Shai : got waylaid by the fake print
[09:46]   r m : i took 80% but exited at VAL 🙁
[09:46]   Shai : cool trade
[09:47]   r m : Thanks
[09:47]   r m : should have followed Hypo2 at VAL with a stop at POC but was trading with option which lose value very fast
[09:49]   Shai : that reverse 80 can happen in BNF
[09:49]   Shai : for the quick fingers
[09:49]   Shai : 16090/ 16060 is a good supp
[10:12]   Shai : IB range done
[10:12]   Shai : would have preferred 8112 in this IB
[10:14]   Sharad : What is IB Shai
[10:16]   r m : Initial balance, first hour’s range
[10:16]   Sharad : ok Thanks
[10:17]   r m : welcome
[10:17]   r m : BNF hesitating inside value
[10:20]   Shai : interesting move in CNXIT today and the reason for the BNF decline of the morning
[10:20]   r m : yes
[10:21]   r m : NF negotiating vwap
[10:21]   Shai : 200 points upside is there in cnxit if it stays above current day low
[10:25]   Shai : 40 points upside in BNF above 16170 to 16210
[10:25]   Shai : more buyers shpowing up near vwap
[10:25]   Shai : in BNF that is
[10:25]   Shai : passive orderflow is green and responding well at day lows
[10:28]   Shai : Buy BNf abv 16170 tgt 16210 sl 16139
[10:29]   Shai : Exit NF short trade above 8140
[10:37]   Shai : NF more in a repair mode today
[10:43]   Shai : OI buildup- http://screencast.com/t/22swokiuLe
[10:44]   Chiranthan : NF SL hit
[10:44]   Shai : 10:44 Chiranthan : NF SL hit
[10:45]   Mandar : AD 906:499
[10:46]   Shai : Thanks Mandar
[10:49]   Shai : Buyers coming in NF
[10:51]   Chiranthan : Buy BNF now?
[10:52]   Sharad : I think BNF buy above POC
[10:57]   Shai : Yes can buy abv POC also
[10:57]   Shai : quite a battle at vwap
[10:58]   Shai : IT has decided to come off a bit leaving place for BNF to complete that 80%
[10:59]   Shai : you can see buyers prevailing just by a bit in BNF
[11:17]   Shai : 8th Sept will be one full month of this rally
[11:18]   Shai : was 7540 spot on 8th aug
[11:21]   Shai : reverse 80- (09:49) Shai :that reverse 80 can happen in BNF
[11:21]   r m : bn done 80% on reversal too!
[11:22]   r m : @Shai, NF on the way to 8174?
[11:23]   Shai : cover BNf tgt done at 16210- 10:28) Shai :Buy BNf abv 16170 tgt 16210 sl 16139
[11:23]   Shai : Aggressive traders keep an eye over 16220 for that 16295 visist
[11:24]   Shai : this 1- (09:24) Shai :Buy BNF abv 16218, sl 16190, tgt 16252/ 16295
[11:24]   Shai : I would prefer to take that trade in the afternoon
[11:24]   Shai : conservatives can let it pass
[11:24]   Shai : RM not very excited about a long here
[11:24]   Shai : in NF
[11:25]   r m : ok, thanks
[11:25]   Shai : 8164- 8174 is in the acution path above 8141 but looking riskier
[11:26]   r m : ok
[11:26]   Shai : Besides not getting a stable buy orderflow blue to confirm the long plan
[11:26]   r m : it is more like stable red here 🙂
[11:27]   Shai : yes
[11:27]   Shai : may still rise but not worth risking a lot of money
[11:27]   r m : ok
[11:28]   Shai : move is being driven by the passive green pink since yesterday
[11:28]   Shai : when that become pink the buyers will cash out
[11:30]   Shai : In BNF green from 10.00 am at 16110- (10:25) Shai :passive orderflow is green and responding well at day lows
[11:30]   Chiranthan : Can I reenter BNF long here?
[11:33]   Shai : no
[11:33]   Chiranthan : ok
[11:33]   Shai : can fall to 16140
[11:34]   Shai : 8136 NF
[11:51]   Shai : sell NF closer to 8138-8140 sl of 8152 tgt 8118
[11:53]   Sumit : 3rd value trip completed in bnf
[11:53]   Shai : Confirmation coming now that the move off expiry day is over and we go sideways in 2 sided mode again
[11:54]   Shai : that green pink always works better in BNF
[11:55]   Shai : never figured why
[11:57]   Sumit : val holding
[12:27]   Sharad : Sell NF ? 8137 ?
[12:29]   Sharad : sold NF @ 8137
[12:30]   Shai : Yes we keep day high as sl
[12:31]   Shai : day high +1
[12:32]   Sumit : is bnf going for VAH again 🙂
[12:34]   Shai : conf abv vwap only
[12:47]   Shai : buyers in BNF at vah
[12:52]   Sharad : Shai what is OF Wave line in BNF chart
[13:01]   Shai : that is the positional orderflow currently on buy signal from 15996
[13:02]   Sharad : it is 16196 so what it means?
[13:02]   Shai : Larger Orderflow gave buy signal at 16196F so it means the bigger TF is on buy mode
[13:03]   Shai : when next alert comes we will get confirmation if sellers are getting stronger
[13:03]   Sharad : yes but what is current value 16196.25 ?
[13:04]   Shai : near that 16196
[13:05]   Sharad : so how to use it?
[13:07]   Shai : the next signal will get updated on twitter @V2OF. A number of factors go in it inclusing the curren t day intra day orderflow, movement above vwap/ vah etc or below val
[13:07]   Shai : If w ecome below VAL now then we get a sell alert on BNF
[13:08]   Shai : that should take it to 15930/ 15707 possibly
[13:08]   Sharad : ok Thanks
[13:09]   Shai : Nice bell shape forming in NF
[13:09]   Shai : eben in BNF if we exclude that 16295 print
[13:10]   Shai : more likely a close at 8135 today
[13:10]   Shai : pre market message – signs appeared that the market will go back into balance in the next session.
[13:11]   Shai : http://vtrender.com/levels-and-plan-for-03rd-sept/
[13:11]   Chiranthan : NF SELL call open now?
[13:12]   Shai : yes it’s open for some time now
[13:13]   Shai : BNf 14700 to 16200 in last 25 days
[13:14]   Shai : Nifty 7540 to 8133 in alst 25 days
[13:15]   Shai : tomorrow is Draghi day
[13:16]   Shai : A Big QE is the expectation
[13:16]   Shai : but may be factored in the current price already
[13:16]   Shai : so watch for a sell on news event early friday – high probabaility
[13:24]   Shai : Close the NF short near 8133- 8135 and remain flat .
[13:25]   Shai : Not a lot happening- very quiet and local to local
[13:31]   Sumit : VAH done
[13:31]   Sumit : in bnf
[13:32]   Shai : NF slo in touble
[13:32]   Sharad : NF sl hit
[13:32]   Shai : gone
[13:33]   Shai : NF slo taken- exit the shorts
[13:39]   Sharad : NF two trades today .. both in loss
[13:40]   Sumit : bnf going for 16294
[13:40]   Shai : BNF 16220 long trade on
[13:41]   Shai : Yes Sharad 2 shorts we took with small stops of 12 each as it was against trend
[13:42]   Sharad : yes no issues…
[13:43]   Shai : the 8140 was an IB band trade which functions as well as the 80%
[13:48]   Shai : If we close above 16260 today then BNF will give us 16520 by friday close
[13:48]   Shai : +260
[13:49]   Shai : that 16500 ce makes sense then
[13:49]   Shai : sl of 16140 F
[13:50]   Shai : for the moment – we are facing supply near 16240 from yesterday
[13:52]   r m : 16500CE should be worth 298 Rs at present volatility at BNF 15520 on Friday
[13:54]   Shai : Hold that BNF long trade with sl just below vwap
[13:54]   Shai : BNF is known to do a few things post 2.30 pm
[13:55]   Chiranthan : Modify SL to 16170?
[13:55]   Shai : 16166
[13:56]   r m : IT and infy at day high
[13:57]   r m : Looks like Sikka has patented some process of manufacturing gold in infy 🙂
[13:59]   Shai : 11017 cnxit
[14:00]   r m : nf does that 8174 in hypo2
[14:04]   Shriraj : would like to know what will sl f hypo2
[14:05]   Shai : ukraine Russia ceasefire is being given as the reason
[14:05]   Shriraj : 8134…?
[14:05]   Shai : yes sl would have been just below vah
[14:05]   Shai : yes 8134
[14:06]   Shriraj : k thnx
[14:06]   Shai : smart explosion from 8142
[14:08]   r m : supply at 240 in BNF
[14:10]   Shai : stronger buyers near 210
[14:11]   Shai : should get overco\me
[14:11]   r m : ok
[14:11]   Shai : russia and ukraine up 5% and nifty wants to compete 🙂
[14:11]   r m : lol
[14:19]   Shai : Revise sl again to 16205-09:24) Shai :Buy BNF abv 16218, sl 16190, tgt 16252/ 16295
[14:19]   r m : 16205?
[14:19]   Shai : yes 16205
[14:19]   r m : Thanks
[14:20]   Shai : exit order at 16252 did not strike
[14:20]   r m : it touched 257 once
[14:21]   Shai : yes some one carried away everything there at 257
[14:21]   r m : ok
[14:21]   Shai : 210 is a nice base to challenge that seller at 250 theneasy rise to 295
[14:22]   r m : ok
[14:25]   Chiranthan : NF SL hit
[14:25]   Chiranthan : BNF
[14:25]   Sumit : quick fall
[14:28]   r m : maybe someone violated that ceasefire 😀
[14:28]   Sumit : :))
[14:29]   Sharad : Good no trade don’t know what happening
[14:29]   r m : BNF has done that 80% for the fifth time today!!
[14:29]   Sumit : crashingggggggg
[14:29]   Sumit : I was about to say that:)
[14:37]   Sharad : Sa=hai told close @ 8135 ….looks true
[14:41]   Shai : actually was not agreed to 🙂 – (14:28) r m:maybe someone violated that ceasefire 😀
[14:41]   r m : ok 🙂
[14:41]   Shai : WSJ is saying Putin did not agree
[14:42]   Shai : 8140 was there prior to that news and back to 8140
[14:42]   Mandar : AD 735:761
[14:43]   Shai : alomost equal now
[14:43]   Mandar : YES
[14:45]   Shai : BNf 80 % reverse again
[14:45]   Sumit : rm, sixth trip by any chance??
[14:46]   r m : looking like that 🙂
[14:47]   Shai : Now Putin wants a ceasefire !
[14:47]   r m : 😀
[14:47]   Sumit : 🙂
[14:47]   r m : looks like Putin squared off is puts and went long 😀
[14:48]   Shai : 🙂
[14:48]   Sumit : so all those making money are trading from war zone
[14:48]   Shai : watch the Nkt react now
[14:50]   Sumit : wow
[14:50]   Shai : green again in BNF
[14:53]   Shai : Long agan for 8174 , s;l 8137
[14:53]   Sharad : In short Doji today …candelstick close near 8140
[14:53]   Shai : Not a trade alert as mkt is bouncing
[14:53]   Shai : trade if you like
[14:54]   Shai : Sharad the bell got disturbed by that move abv 40 and back
[14:54]   Sharad : ok
[14:54]   Shai : auction theory would say that the mkt wants to go up and check that seller at 8170 again
[14:55]   Sumit : so 16210/240 in bnf
[14:56]   Shai : yes possible
[14:56]   Shai : NF has been uncotrollable today
[14:56]   Shai : and I don’t mean the volatility
[14:57]   Shai : just the kind of move and orderflow behind it
[14:57]   Shai : maybe a better day in NF tomorrow
[15:10]   Shai : yesterday a lot of day shorts covered near the close
[15:15]   Dr Bansal null : shai,these days evening session is there or not?
[15:18]   Shai : No evening sessions now
[15:19]   Shai : close coming near the vwap
[15:19]   r m : BNF almost finished the 80% for the nth time!
[15:20]   Shai : 16200- 210 saw builup and quick liquidation on that putin yes-no
[15:21]   r m : yes
[15:30]   Shai : close at vwap 8141
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice eve
[15:30]   Sumit : good bye everyone.
[15:30]   Sharad : bye
[15:30]   r m : Thanks and bye, have a great evening 🙂

History of room Announcements