OrderFlow Charts and Notes 02/03/05

[08:55]   r m : Good Morning folks!
[08:55]   r m : http://vtrender.com/levels-and-plan-for-02nd-mar/
[08:55]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-budget-day-2802/
[08:55]   Porus : GM all
[08:55]   r m : Nifty MAR Future levels Key Reference Area 8996 Hypo1 above 8996➜9030➜9100 SL 8984 Hypo2 below 8980➜8930➜8888-8870 SL 8994
[08:56]   r m : Banknifty MAR Future levels KRA 19950 Hypo1 above 19950➜20066➜20252 SL 19838 Hypo2 below 19920➜19687➜19590➜19520 SL 19960
[08:56]   r m : Nifty Spot Weekly levels Support 8798/8856 Resistance 9036/9156
[08:56]   r m : Banknifty Spot Weekly levels Support 19277/19377 Resistance 19784/19970
[09:04]   r m : SGX Nifty trading flat
[09:05]   Kris : GM All:)
[09:05]   Shai : GM all
[09:06]   r m : Hi Kris, Shai 🙂
[09:06]   Shai : Imp Note : sat special data session is still to incorportate in the displayed charts. Please refer premium section for those charts
[09:07]   Rav : GM All
[09:07]   Shai : *be incorporated
[09:07]   Kris : Gm Rm, Shai 🙂
[09:08]   Kris : @Shai – your 20000CE Buy in BN at 200-220 is amazing!
[09:08]   Kris : Interestingly it did a low of 190 on Saturday also!
[09:09]   Shai : 🙂
[09:11]   RK : GM Shai,RM and friends
[09:11]   r m : Hi RK 🙂
[09:12]   Tejpreet : Gm All
[09:22]   Kris : 20000CE at 520 with a high made at 593.
[09:22]   Shai : open just abv last wk hi
[09:23]   Shai : safe to loook at a new long trade above 9030 with 8996 as sl for 9100
[09:24]   Shai : 19976 spot positional resistance
[09:25]   Shai : rather a weekly resistance point
[09:25]   Shai : refer updated weekly notes
[09:26]   Shai : open highs printed in first 5 mins
[09:26]   Shai : ref lines now at 8996/ 19949 for the day auction
[09:27]   Shai : looking at Open as an ORR- Open rjection reverse
[09:28]   Shai : 9/10 times these highs do not get visited intra day
[09:32]   Tejpreet : Anyone having issues on placing orders on zerodha nest trader……….my system showing order validation pending.
[09:32]   r m : no issue here
[09:34]   Tejpreet : Ok….
[09:38]   Shai : both NF and BNF getting new buyers
[09:42]   r m : @Tejpreet, it was a transient issue, guess they have solved it now
[09:48]   Tejpreet : yeah 2 min exchange connectivity issue.
[09:49]   Kris : BN entered shorts at 20105.
[09:49]   Kris : SL is day high
[09:50]   Kris : 8700PE taken as well.
[09:50]   Amit J : ravi any view on 9000 call writers
[09:50]   Amit J : looks huge for start of the series
[09:52]   Shai : NF stabilising in No man’s land for intra day
[09:52]   Shai : 9030 for up and 8980 for below
[09:53]   Rav : 9000 spot is much awaited for SC.If it stays for 30 min above 9000, extended SC may set in but now it is in LBU
[09:53]   Shai : BNF may like to visist 20252 abv day high
[09:58]   Rav : Amit..Here we go http://www.screencast.com/users/Ravicbe/folders/Jing/media/386604e6-dd70-42e6-bf83-dbaa7d894875
[10:00]   r m : Thanks Rav, this one is a great improvement visually over ealier one
[10:00]   Rav : linked with VB RM
[10:01]   r m : ok
[10:01]   Rav : spent 70K for developing this
[10:01]   r m : yeah, money well spent 🙂
[10:01]   Rav : 19200pe is being written
[10:02]   Porus : Rav, I get a ‘page not found’ message.
[10:02]   Amit J : great RAV thanks
[10:03]   Rav : Open-High Same in both NF and BNF .
[10:03]   r m : BNF has crossed Open/High now
[10:05]   Shai : yes BNF just crossed that 20155 but meeting determined sellers
[10:06]   r m : Kris is standing up there like a grizzly swallowing the salmons 😀
[10:06]   Rav : spot 8966 and 8975 must be taken out
[10:06]   Shai : with 20120 sl this trade can do 20250
[10:07]   Shai : Just the responsive buying from below wanting to push the early seller
[10:08]   Shai : those buyers at 20120 around 9.55 are support
[10:12]   Shai : exit the BNF long trade 20150 here
[10:21]   Shai : still a jumpy auction
[10:21]   r m : big seller above IBH in NF
[10:21]   Shai : unsure of stable price movement
[10:22]   Shai : potential failed auction if we don’t cross 9033
[10:24]   Rav : 9000ce SC on
[10:24]   Kris : I don’t trust these IB breaks after 10.10.
[10:24]   Kris : Entered again at 20200.
[10:26]   Rav : short or long
[10:27]   Rav : Krish
[10:27]   r m : short
[10:27]   r m : 🙂
[10:29]   Kris : @Rav – short. IB high or low breaking between 10.10 and 10.50 have a very low chance of success – and they generally end at opposite extreme.
[10:31]   Kris : part book closer to vwap.
[10:31]   Kris : 100 points is not bad!
[10:31]   r m : not bad at all!
[10:33]   Vishal : shai view on adani power?
[10:36]   Shai : adani power some longs booking belw 57
[10:36]   Kris : below vwap – BN can go to even IB low – Shai?
[10:36]   Shai : may get supp at 54 but weak below 54 towards 48 MT
[10:37]   Shai : Possible Kris
[10:37]   Shai : Generally BNF is known to do a big intra day cut when it rises by about a 1000- 1200 points
[10:38]   Shai : that will be a great trade to catch
[10:39]   Shai : LT – seems to be eneficaiiry of the nuclear deal and now the budget also
[10:39]   Sharad : GM all
[10:39]   RK : holding LT Shai
[10:39]   Shai : yes great one
[10:40]   RK : PDL SL
[10:40]   RK : around 1730 F
[10:40]   Shai : Bhel will also benefit fom those power projects
[10:40]   Shai : just a read off the budget idea
[10:43]   Rav : bnf LBU..Axis SBI hdfc bank all LBU
[10:48]   RK : Shai can you update on HERO for short?
[10:51]   Sharad : Ravi your link of 9:58 can not open.. can you send again… i came late today
[10:52]   Shai : NF failed auction almost confirms
[10:54]   Shai : Hero continues to be weak below 2711 all week
[10:54]   Rav : Sharad will update
[10:54]   Shai : 2685 cross can keep it neutral
[10:54]   RK : fine..thanks
[10:55]   Shai : possible drop to 2630 below 2657
[10:56]   RK : got it
[11:00]   Amit J : FA confirmed
[11:00]   Amit J : BNF also?
[11:00]   Shai : Notin BNF yet
[11:00]   Shai : Yes FA in NF
[11:04]   Shai : BNF beow 20040 can trigger a fall
[11:05]   Shai : NF looking at a trade to 9030 sl is vwap +10
[11:05]   Shai : 8930**
[11:09]   Kris : For the BN shorts kept a tsl of 20110 for remaining.
[11:18]   RK : *BNS – 19970-19784 easy 200 points- from blog post
[11:20]   Kris : Moved TSL to 20070
[11:21]   RK : Shai – HUL gets resisted consistently around 915-920 cash..even on Budget day it didn’t clear this level..Can we stay short?
[11:22]   Amit J : 80% shai?
[11:23]   Shai : Not 80% – but Vpoc visist
[11:23]   Shai : 8930 zone
[11:25]   Shai : Yes RK that 915- 923 zone is supply point
[11:25]   Shai : but buyers in the same channel at 985
[11:26]   Shai : 885*
[11:26]   RK : so back to 901 and below that great suppy band around 886
[11:26]   RK : *supply
[11:26]   RK : fine
[11:26]   Shai : weakens below 903 again for 887
[11:26]   RK : thanks
[11:26]   Shai : but watchout also for short covering drive which has 945 immedaitely
[11:27]   Amit J : no seller in BN at low
[11:27]   RK : Yes..looking for long above day high
[11:27]   Shai : Buyers in NF at 8951
[11:28]   r m : @RK, please edit if there is an error 🙂
[11:29]   RK : RM I tried to update that sheet in your absence but seems rights not given to edit 🙂
[11:29]   r m : have done it today, you must have got the mail too
[11:29]   RK : Oh! didn’t check mail..
[11:29]   RK : will do the needful..thanks 🙂
[11:30]   r m : welcome 🙂
[11:30]   Rav : wipro b/o
[11:30]   Kris : Ok – Booked out in BN – has been a fabulous morning.
[11:30]   r m : Good one Kris, Congrats!
[11:30]   Shai : Book out NF shorts
[11:31]   Kris : Thanks RM.
[11:31]   Kris : Thanks Shai – 8700PE from 47-49 to 56
[11:31]   Shai : Good going Kris
[11:31]   Shai : Good to see you active n trading again
[11:31]   Kris : Not bad – With Zerodha – it is good profit actually!
[11:32]   Kris : Thanks Shai Would want to stay active – let us see – how long!
[11:34]   Sharad : Nice kris
[11:39]   Vishal : shai 9200 call worth buying/
[11:39]   Vishal : ?
[11:39]   Shai : Yes but sl is the spot suggested in blog
[11:40]   Shai : sl 8856 tgts 9035/ 9156 spot
[11:40]   Vishal : ok shai
[11:40]   Vishal : thanks
[11:41]   Kris : @Shai – 20000 BN CE wrote at 565 – let us see.
[11:41]   Shai : see this chart had buyers at 8940-55 : http://vtrender.com/wp-content/uploads/2015/03/15_min_NF_FP2.png
[11:41]   Navaneeth : Kris bro, what’s the spread difference in 20000 CE
[11:42]   Shai : current FP chart has similar buyers even though seller is overhead
[11:43]   r m : @Navneeth abot 8 bucks as of now
[11:43]   Navaneeth : i see 8-10 rs difference in 19900 ce+pe
[11:44]   Navaneeth : rm bro, is that normal every other day?
[11:44]   r m : will come lower in the second half of the month
[11:44]   Navaneeth : ok
[11:44]   r m : but quite high compared to NF always
[11:44]   Navaneeth : yes,
[11:45]   Kris : Ok – boooked out at 495 – dont know what I am doing.
[11:46]   Kris : PLaying randomly – wanted to hold for longer time – but got tempted with 70 points in a few minutes and booked out !
[11:46]   Kris : @Rm – certain Shai would scold me for the lack of discipline!
[11:47]   r m : @Krs, “Making money” is the term generally used to describe your activities 🙂
[11:47]   Navaneeth : rm, Buyers at week low in Nf?
[11:48]   RK : HERO – quick trade done
[11:48]   r m : @Kris, you are a guerilla fighter man, waiting in ambush at every turn 🙂
[11:49]   r m : @Navaneeth, looks like that so far
[11:49]   Kris : It looks good when it works – Even spectacular when it fails 🙂
[11:49]   r m : lol
[11:50]   Amit J : shai your view on eicher for short?
[11:51]   Amit J : and ashoka buildcon for long?
[11:52]   Shai : eicher 17018- 16048- 15077 range
[11:53]   Shai : can short closer to day high or use day high as sl here
[11:54]   Shai : 16595 also good aggressive sl
[11:55]   Amit J : thanks
[11:57]   Shai : ashoka still good above 172 but a risky long to enter at these prices
[11:58]   Shai : suggestion would be to buy closer to 160 with sl below 130 positional
[11:58]   Shai : or buy in parts near 172
[11:58]   Amit J : thaks
[11:58]   Shai : Buyers seen in NF have to take it abv IBL and then vwap
[11:58]   Shai : else under pressure
[11:59]   Shai : IN BNF abv vwap will secure
[12:00]   Shai : 19940 is sat highs
[12:01]   Shai : supp is also at the weekly 19784 spot
[12:01]   Shai : bigger fall to 19687 F if these levels go
[12:04]   Varun : what is prv day poc of nf ?
[12:04]   Varun : @shai
[12:05]   r m : 8938 http://vtrender.com/wp-content/uploads/2015/03/Nf_compo1.png
[12:06]   r m : @Varun, left corner box showing values for Friday and not Saturday
[12:07]   r m : FA confirmed in BNF
[12:07]   Kris : (10:36) Kris :below vwap – BN can go to even IB low – Shai?
[12:08]   Kris : Done – afer 91 minutes!
[12:08]   Navaneeth : fresh shorts RM?
[12:08]   Varun : whts the value area for nf and bnf of saturday
[12:09]   r m : @Navaneeth, better ask Shai for that but BNF is in Hypo2 now
[12:09]   Navaneeth : yes, thats what I’m seeing
[12:09]   Varun : where are wvap bands fr today
[12:09]   Navaneeth : 20055
[12:10]   Varun : @shai
[12:11]   r m : sd3 band should be around 8925/19815
[12:12]   Navaneeth : in nifty VWAp not showing?
[12:12]   r m : must be out of chart’s range,
[12:12]   Navaneeth : ok
[12:12]   r m : it is at 8991 in my NT chart
[12:13]   Navaneeth : ok
[12:13]   Navaneeth : kra also
[12:14]   r m : yes 8996
[12:25]   Rav : BNF…New : 7806 Sqd.off : 5421 Traded : 102111 LBU
[12:28]   Rav : wipro 662-675 b/o
[12:33]   Shai : can race to 9015
[12:33]   Shai : abv vwap
[12:34]   Rav : wipro 680
[12:34]   Shai : Buy NF with sl 8975 abv 8988 tgt 9015
[12:36]   Shai : Great positional buys in BNF this week if we get closer to that 19480- 19580 band in F : http://vtrender.com/wp-content/uploads/2015/03/15_min_BNF_FP2.png
[12:37]   Shai : NF day low 8944- (11:41) Shai :see this chart had buyers at 8940-55 : http://vtrender.com/wp-content/uploads/2015/03/15_min_NF_FP2.png
[12:38]   Shai : has to still cross vwap though
[12:44]   Shai : some selling hit vwap on that 12.35 candle in NF
[12:45]   Shai : poc/ vwap steady
[12:45]   Shai : one part of me saying tat day high/ low done
[12:46]   Shai : But the afternoon can still get us new volumes in the last hour
[12:46]   Shai : another neutral day by the way
[12:47]   Shai : neutral center is 8988
[12:47]   Shai : 20041
[12:47]   Shai : neutral extreme would say that we take out either high or low in closing hour
[12:49]   Shai : BNF buy abv 20065 with sl of 20020 tgt 20111
[12:50]   Rav : NF New : 81196 Sqd.off : 1523 Traded : 333574 LBU
[13:09]   r m : sellers at vwap
[13:11]   Shai : yes looks like 8945 visist again
[13:13]   Amit J : shai one request. we all do lot of trading in stocks. is it possible for you to give weekly supply and buying zone for few selected stocks on reglar basis
[13:14]   RK : Yes Shai,,we love to have it..it works all the time..it would be great if we have weekly levels for some selective scrips
[13:14]   RK : when entering with my own levels sometimes gets whipped whereas if I have your level as support it helps in a great way to position the SL and target..pls consider
[13:15]   r m : that will be superb! Stocks follow Shai’s levels very obediently!
[13:17]   Shai : Ok Amit – will surely do
[13:17]   Amit J : thanks
[13:17]   r m : Thanks Shai
[13:18]   Shai : Bit I work the weekly a bit differently- For me there is change if Mon does not follow a Friday so levels change
[13:18]   Shai : best it to take a weekly outlook Tues Open imo
[13:18]   r m : ok
[13:20]   RK : that’s fine
[13:23]   Rav : 8400-9000CE LL is happening. This will push up PCR and Nifty
[13:25]   Rahul G : rav there was an excel you were refering to
[13:25]   Rahul G : if possible can u share the link I did download it but guess it got deleted mistakenly
[13:28]   Rav : Overall PCR of Nifty is 2.29 …Bullish
[13:34]   Rav : SBU is moving to 9200ce as LL takes palce at 9000CE. Expected sc if spot moves above 8975-9000+ but did not happen today
[13:41]   Amit J : shai ashoka any resistance level
[13:46]   r m : bn gets over vwap with relative ease vis-a-vis NF
[13:46]   Rav : LT is heading towards 1874
[13:49]   RK : looking for 200 point swing Rav from here either side
[13:53]   r m : bnf cuts thru
[13:53]   Rav : yes RK .it is more likely to happen from option data
[13:53]   Rav : 20178 intrA T1
[13:53]   RK : Axis spectacular run
[13:53]   RK : thanks Rav for confirming
[13:58]   Rav : 8200-8600ce SC happening.Fear started
[13:58]   Shai : Ashoka day high of 194
[13:58]   Shai : ref level
[14:03]   Rav : 89320 new contracts got added in NF
[14:03]   Shai : fresh buyers
[14:03]   r m : maybe this time buyers will prevail
[14:08]   Rav : ICICI targetting 355 to attack writers
[14:09]   Tejpreet : Rav how does sbi 300 call look at 12.
[14:11]   Rav : sbi SBU.once it become LBU. ,can buy
[14:12]   Tejpreet : Thanks.
[14:17]   Shai : stll steady – (12:45) Shai :poc/ vwap steady
[14:17]   Shai : last hour on us
[14:18]   r m : @Shai, can NF be bought above PDH for Day High?
[14:20]   Amit J : shai vwap close chance?
[14:22]   RK : Shai levels to watch out for Axis and Wipro pls
[14:23]   Amit J : delta corp + for intraday
[14:24]   Rav : 9400ce selling -shifted from 9000-9200ce
[14:26]   Rav : sbi becoming lbu
[14:27]   Tejpreet : Ok Rav.
[14:27]   Shai : Yes RM above kra
[14:27]   r m : Thanks Shai!
[14:28]   Shai : Amit still undecided BNF looks NExt
[14:28]   Rav : icici 350ce safe bet
[14:35]   Shai : BNF 20150 supp for neutral ext
[14:38]   Rav : sbi clear LBU now
[14:43]   Rav : 20280 Intra T
[14:44]   Shai : hll up abv res
[14:44]   RK : entered Shai
[14:46]   Shai : NF long sl taken out quickly
[14:46]   r m : seller in a hurry
[14:49]   Shai : NF FA still there but No FA in BNF at top
[14:50]   Shai : but we have one at bottom in BNF at 19883 which is sl for weekly longs now
[14:52]   Shai : looks settled for a vwap close after threatening to break to day highs
[14:55]   Rav : Shai: Is ITC value buy at 345 ?
[14:55]   Amit J : tomorrow policy
[15:02]   Shai : ITC oversold bounce can come here but has to take out 370
[15:04]   Shai : wait to see if 346 sustains tomo
[15:07]   Rav : ce writers shifting to 9200 n 9400 silently
[15:09]   Shai : going for neutral extreme
[15:09]   Shai : both
[15:10]   Rav : 20260 target intra
[15:10]   Rav : 9020
[15:10]   Rav : sbi LBU and SC
[15:15]   Shai : BNF still looking good on upsides
[15:15]   RK : HUL shorts running 🙂
[15:15]   Shai : abv 20250 we can add up longs with 20080 as positional sl for 20600/ 21000 this week
[15:17]   Shai : NF still looking at 9136 F this week but we will buy abv FA point of 9033 only now
[15:22]   r m : lots of greens in NF in last 20 minutes
[15:22]   Shai : yes
[15:23]   Shai : the test of today’s highs should come right at open
[15:23]   Rav : RM…9000CE SC started
[15:23]   r m : Thanks Rav
[15:23]   RK : ASIAN also trading well above Supply Shai.
[15:24]   Rav : spot is 8967 .so 9000ce sc set in
[15:30]   RK : thanks and bye all
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Tejpreet : Bye All.
[15:30]   Porus : bye all
[15:31]   r m : Thanks and bye folks, have a great evening!
[15:53]   Amit J : bye