OrderFlow charts and Notes 02/02

[08:51]   r m : Good Morning folks!
[08:51]   r m : http://vtrender.com/levels-and-plan-for-020215/
[08:51]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-300115/
[08:51]   Porus : GM all
[08:52]   r m : NF Hypo1 above 8890➜8918-19➜8950➜8985 SL 8862 Hypo2 below 8861➜8824➜8776 SL 8890 FEB Future levels
[08:52]   r m : BNF Hypo1 above 20150➜20254➜20396 SL 19971 Hypo2 below 20150➜19950➜19890 SL 20208 FEB Future levels
[08:53]   RK : GM RM
[08:54]   r m : Hi RK 🙂
[08:54]   r m : Results today – Bharat Forge
[08:55]   r m : Results tomorrow – Hero Motocorp, Lupin, NHPC, PNB, ACC, NHPC, JSPL, Marico, Jubilant, Shree Cement
[08:55]   Sharad : GM all
[08:57]   r m : RBI rate decision 3rd FEB 11:00 Hrs
[08:57]   r m : SGX Nifty at 8834
[08:59]   Tejpreet : GM all.
[09:06]   Shai : Gm all
[09:16]   Shai : open is at the lower end of friday
[09:20]   Shai : we see a buyer defending 8824 aggressively
[09:25]   Shai : BNF below pdl
[09:26]   Shai : already a 1000 point unwinding of the long trade in BNF
[09:26]   Shai : all in 1 session
[09:27]   Shai : 8824 in NF is the ref line – market auctining 8824- 8861 zone of friday here
[09:45]   Amit J : shai your view on unitech and dlf plz
[09:46]   Amit J : manappuram buy for 2 days
[10:01]   Tejpreet : Nifty future premium back to 60 plus
[10:06]   Shai : unitech good volumes here looks to be breaking out
[10:06]   Shai : if 18.4 hols today can look at 23.5
[10:07]   Shai : dlf good abv 168.2 all week
[10:07]   Shai : only if 168.2 sustains can look at 185.6
[10:08]   Shai : mannapuran 33.3 supp now and previous supply of 34.1
[10:09]   Shai : can do 35.4 and 37.5 if 35.4 crossed
[10:23]   Varun : r we seing follow up selling in nf @shai
[10:23]   Varun : 17350.11775,10275
[10:23]   Varun : 3 back to bcak sellers
[10:24]   Shai : Yes sellers are gettig asserive
[10:24]   Shai : see that old buyer at 8824 is still controlling that level but weakening
[10:25]   Shai : 8827 on the left of the acreen is green and represents that early morning buyer
[10:25]   Shai : (09:20) Shai :we see a buyer defending 8824 aggressively
[10:25]   Varun : shai move the delta next to price
[10:25]   Varun : will make things easier
[10:26]   Shai : BNF is much weaker as it is below pdl
[10:26]   Varun : cos we dnt know the price at which it is standing at
[10:26]   Shai : the right of the screen is filled with data and the delta makes it look bad
[10:31]   Shai : IT keepng the index in check
[10:31]   Shai : even as BNF tries to drag it down
[10:31]   Shai : long cnxit and short bnf seems to be working here
[10:32]   Shai : a break of 19600 spot can give another 185 points
[10:32]   Varun : shai we have gone below tht buyer
[10:33]   Varun : ?
[10:33]   Shai : yes n response yet
[10:33]   Varun : and tht buyer increaded from 24000 to 53000
[10:34]   Shai : price likely to drft towards 8776 if we stay below 8860
[10:35]   Shai : yes but now vwap has aggressive sellers in NF
[10:35]   Varun : this is known by checking delta a t vwap ?
[10:35]   Varun : or by 5 min candles
[10:37]   Shai : the red candles in the volume
[10:37]   Shai : yes 5 min
[10:48]   Sharad : RM can you check 8000 put value if we goto 8400 in next 7 days
[10:48]   r m : sure
[10:48]   Sharad : i am trying but nothing coming in option calculator by zerodha
[10:49]   Varun : huge selling above ib hgih
[10:50]   r m : Sharad, 41 bucks in 7 days at 8400
[10:50]   r m : this is 8400 NF
[10:50]   Sharad : ok thanks and 8100 and 8500 put please
[10:50]   Sharad : yes 8400 nifty future
[10:51]   Sharad : do i need to upgrade any plugin in zerodha
[10:51]   Varun : @shai do we normally see heavy selling above highs and vice versa at lows
[10:52]   r m : @Sharad, it is working in my ZT, i have not upgraded anything, I am too lazy to do anything unless prodded 🙂
[10:52]   Sharad : in mine no values changing not even volatility coming
[10:52]   Shai : NO Varun there is a previous seller at 8860
[10:53]   Varun : ok so he managing it
[10:53]   Shai : just auction probing the extreme today
[10:53]   Sharad : can you give 8100 and 8500 put value also
[10:53]   Shai : 10.35 buyers are controlling the area abv vwap now
[10:54]   Sharad : want to buy puts , which strike dont know
[10:54]   r m : 8100PE at 63 and 8500PE at 424 in 7 days at 8400 NF
[10:54]   Sharad : 8500 424 are you sure ?
[10:55]   r m : @Sharad, using ZT or Pi?
[10:55]   Sharad : ZT
[10:55]   Porus : Shai, what are the ST levels for Tata Steel?
[10:55]   r m : ok, my ZT is calculating perfectly
[10:55]   Sharad : 8500 put 64 can go to 424 ????
[10:55]   Shai : pi is out n running now?
[10:56]   Varun : whts pi
[10:56]   Sharad : may 224 RM please check again
[10:56]   r m : @Sharad, some miscalculation there, let me check again about 8100 and 8500
[10:56]   Sharad : ok
[10:57]   Shai : tatasteel no trade zone is 385- 396 today
[10:57]   r m : 8500 – 209 in 7 days
[10:57]   Amit J : bata short
[10:57]   Shai : positional has support at 378 but upmove can gain traction only abv 396.5 for 409/ 413
[10:58]   Sharad : wow still 209 is good from 64 as i am anticipating 8400 and 18400 by next tuesday
[10:58]   r m : @Sharad, but VIX is likely to drop tomorrow
[10:59]   r m : Rajan has got the needle to puncture VIX baloon 🙂
[10:59]   Sharad : should go up RM as Spx will start trending down
[10:59]   r m : ok
[10:59]   Sharad : nothing should come tomorrow
[11:00]   Sharad : .25 already came before policy by pressure
[11:00]   r m : @Sharad, are you getting the rates populated in Option calculator when you open it with Shift + O?
[11:00]   Sharad : and if another 25 basis reduction comes then we should go hard down
[11:01]   Sharad : yes i get it
[11:01]   Shai : Vix may be running up for budget
[11:01]   r m : then you may not have check box for “Futures” checked
[11:01]   Shai : small fall tom an back up
[11:01]   r m : OK Shai, thanks
[11:02]   Varun : do v have an rbi event tmrw?
[11:02]   Sharad : then i click futures and then calculate but nothing changes
[11:04]   r m : ok, guess you can mail zerodha then
[11:04]   Sharad : ya will do that Thanks… as always for your support
[11:06]   r m : welcome
[11:06]   r m : @Varun, yes
[11:06]   r m : @Varun, Pi is inhouse trading platform from Zerdha
[11:11]   Amit J : current expiry dont have budget so current vix rise not related to budget
[11:15]   Shai : True
[11:16]   Shai : Just syaing that it will not fall much and may reamin abv 18 till that
[11:16]   Varun : ib high break and bleow poc, fa at high initated @shai ?
[11:17]   Shai : yes Varun possible
[11:17]   Shai : we actually call this an IB band trade here regardless of the FA
[11:17]   Varun : lets break th low then 😉
[11:18]   Shai : IBH to vwap and vwap to IBL
[11:18]   Varun : extremes are played out
[11:18]   Varun : but isnt it more succesfull in value days
[11:19]   Shai : yes
[11:33]   Varun : @shai if we go by volume profile, we took resistance at hvnode of ystrday ?
[11:38]   Shai : yes
[11:38]   Varun : do u track mcprofiles
[11:38]   Varun : whts the mcvah fro nf
[11:41]   r m : @Varun, you mean TPO based VAH?
[11:42]   r m : It is 8936 http://vtrender.com/wp-content/uploads/2015/02/NF_Compo1.png
[11:42]   Varun : no value based
[11:42]   Varun : and if we combanie all these to make one profile
[11:42]   Varun : we can get a monthly or bi monthly
[11:42]   r m : ok
[11:43]   Varun : whihc gives a very good broader range
[11:43]   Varun : a friend of mine who tracks it
[11:43]   r m : ok
[11:43]   Varun : told a t 8530 we broke out of mcvah
[11:44]   Varun : so wht i derived we got out of balnce to imbalance
[11:44]   Varun : and see the days after tht
[11:44]   Varun : huge movement
[11:44]   r m : ok
[11:55]   Shai : FA almost confirms
[11:55]   Shai : Yes Varun for multi day TF we use composites for tgts etc
[11:56]   Shai : still that 8824 buyer
[11:59]   Tejpreet : BNF breaks 18600 spot.
[11:59]   RK : Shai break of 19749 quickly to 19633 is F price or Spot
[11:59]   RK : last week discussion
[11:59]   RK : if its F, we are there
[12:00]   Amit J : why all zero x zero in between
[12:00]   Sharad : i think someonw mad hit so no trade at those zeros
[12:01]   RK : Amit may be due to price jump
[12:01]   Shai : price skipped the zero
[12:01]   RK : at day high, we had around 3300 buy qty stuck..
[12:02]   Shai : RK I moved to tracking spot in BN on friday as the premium became terrible to manage on VP
[12:02]   RK : ok
[12:02]   Shai : I do remember mentioning quick down for 200 below 19970 spot thereabout
[12:03]   RK : yes that we captured..want to try the next one also 🙂
[12:03]   Shai : and this morning (10:32) Shai :a break of 19600 spot can give another 185 points
[12:04]   Shai : some1 defending 8809 now
[12:04]   RK : oops I missed this comment..thanks
[12:04]   Shai : that 27900 is the aggressive buyer
[12:06]   Shai : just be careful around this 19600 spot mark as it corresponds to the low of 21/ 1 mini composite
[12:07]   Shai : orderflow still shows sellers in net below IBL in BNF
[12:09]   Shai : another 33325 agg buy smae price 8807
[13:14]   RK : Shai any view on tmw’s RBI event?
[13:19]   Shai : no technical view as such but the market will be seeing what he says about the timing of future rate cuts
[13:19]   Shai : there is still 150- 200 bps left and we have done only 25
[13:20]   RK : Yes everyone waiting for action..
[13:20]   Shai : cross of 8920- 8950 F required to curtail the selling in NF and 20365 in BNF
[13:20]   RK : Ok
[13:21]   RK : Rajan’s action
[13:22]   Shai : 🙂
[13:30]   Amit J : what happened
[13:32]   r m : Europe 🙂
[13:32]   Shai : 19940
[13:35]   Shai : BNF can zoom sme moe
[13:35]   Shai : 20128
[13:37]   RK : NF to 8890?
[13:37]   Shai : yes
[13:37]   RK : skip my q 🙂
[13:37]   Shai : 🙂
[13:37]   RK : 🙂
[13:38]   Shai : 20139
[13:38]   r m : in one tick 8918!
[13:39]   RK : Can we trail this move Shai?
[13:39]   RK : in NF
[13:39]   r m : big seller at 8915-16
[13:39]   Shai : let’s see if 8890 holds here
[13:39]   RK : ok
[13:39]   Shai : going neutral extreme now
[13:39]   RK : Yes RM fat 🙂
[13:39]   Shai : close at this end
[13:40]   Shai : eyes on BNF 20360 F
[13:40]   Shai : 20150 trigger
[13:43]   Varun : coming backl to repair profile
[13:44]   Amit J : huge seller
[13:47]   Shai : 19970 holds we go to 202050
[13:47]   Shai : 20360 also possible
[13:47]   Shai : 20250*
[13:48]   Shai : 8862 ref line for long s now
[13:49]   Shai : but that 8950 could still see sellers
[13:50]   Shai : Both are neutral extreme profiles now looking to close day at highest point
[13:50]   Shai : sl is obviously IBH in both
[13:59]   Amit J : shai how to read that big sell order at 8920
[13:59]   Shai : is a big seller from friday there
[13:59]   Shai : 8920- 8958
[14:01]   RK : axis on roll
[14:02]   Shai : axis also had shorts
[14:02]   Shai : 1.30 to 1.45 is alll short covering
[14:03]   Varun : has abnomslity been repaired @shai
[14:04]   Varun : *abnormality
[14:04]   Shai : 20150 to 20260 will be a fast 100
[14:04]   Shai : 1 at 8958 Varun
[14:06]   r m : @Shai, Stop for long above 20150 still as per hypo1 at 19971?
[14:08]   Shai : 20034
[14:08]   r m : Thanks
[14:09]   RK : any levels for Axis Shai?
[14:11]   Shai : vlumes are very high
[14:11]   Shai : 621 and 631 may give supply
[14:11]   RK : thanks Shai
[14:16]   Shai : welcome
[14:18]   Shai : seller coming back in BNF
[14:19]   Shai : still looking for a probe upwards but looks like we have to wait
[14:20]   Amit J : shai background col is difficult to understand for IB
[14:26]   Shai : darker shade will have IBhigh at extreme right
[14:30]   Amit J : acc short
[14:36]   Shai : back under IBH
[14:36]   Shai : BNF longs out
[14:40]   r m : @Amit, expecting 1505 in ACC?
[14:40]   Amit J : more
[14:40]   r m : ok
[14:40]   r m : thanks
[14:44]   RK : Amit that one was stock specific or any sectoral perspective? # Acc
[14:44]   Amit J : stock
[14:55]   RK : thanks
[15:07]   Amit J : delta btst rj
[15:16]   Shai : neutral center in NF
[15:16]   Shai : vwap 8850 and midpoint 8865
[15:16]   Shai : NF both players of the extremes of 8806 and 8911 are the day’s biggest winners
[15:17]   Shai : BN closing same place as yesterday
[15:17]   Shai : we could have tested 20370 but not to be
[15:17]   Shai : even vpoc 20254 not tested
[15:18]   Shai : purpose of that move abv VAL and IBH negated in intra
[15:18]   r m : perhaps they will show 20370 to Rajan pre-policy 🙂
[15:18]   Shai : possible RM
[15:18]   RK : all are happy considering today’s close -positional buyer and seller
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Tejpreet : Bye all.
[15:30]   Porus : bye
[15:31]   RK : thanks and bye
[15:56]   Amit J : bye