OrderFlow charts and Notes 03/02/15

[08:50]   Porus : GM all
[08:57]   r m : Good Morning folks!
[08:57]   r m : http://vtrender.com/levels-and-plan-for-03rd-feb/
[08:58]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0202/
[08:58]   r m : NF Hypo1 above 8890➜8918-19➜8950➜8985 SL8862 Hypo2 below 8849➜8806➜8776 SL 8890 FEB Future levels
[08:58]   r m : BNF Hypo1 above 19910➜20036➜20250➜20396 SL 19831 Hypo2 below 19830➜19740➜19290 SL 19918 FEB Future levels
[08:59]   r m : Results today – Hero MotoCorp, Lupin, NHPC, PNB,ACC, Shree Cement, NHPC, JSPL, Marico,Jubilant Life Sciences
[09:00]   r m : SGX Nifty FEB at 8890
[09:01]   r m : RBI policy rates 11:00 Hrs
[09:01]   RK : GM all..HI RM 🙂
[09:02]   Sharad : GM all
[09:02]   r m : Results tomorrow – Tata Power, Bharti Airtel, Gujarat Pipavav, Aurobindo Pharma
[09:02]   r m : Hi RK 🙂
[09:03]   Tejpreet : GM everyone.
[09:05]   Rav : GM all
[09:08]   Amit J : gm
[09:13]   r m : pre-market suggests NF open near KRA 8890
[09:15]   Shai : GM all
[09:20]   Shai : nothing traded at 8908
[09:20]   Shai : 8890 still high
[09:21]   Shai : BNF from here will look at 20250/ 20396 abv pdh only
[09:24]   Shai : there was a long buildup seen in BNF yesterday around 19900 levels with short covering too
[09:25]   Shai : but the buyers have to push price abv 20049 spot for upsides
[09:25]   Shai : 19900 abv is F and anomaly exists at 19912
[09:26]   Amit J : LT looks good
[09:27]   Rav : ongc ab 358….will create huge sc
[09:27]   Varun : will 80%rule apply @shai below 8870
[09:29]   Shai : yes Varun
[09:30]   Shai : should zip through that value area
[09:30]   Varun : thanks
[09:33]   Rahul G : rm wt time is rbi meet
[09:34]   Shai : 11
[09:35]   Rahul G : thanks shai
[09:35]   Shai : prior to that surprise rate cut on 15th everybody wanted 50 points of cut today, but today noone expects any rate cut 🙂
[09:36]   Shai : Australian bank also cut rates today
[09:36]   Shai : 2015 will be the year of the cut
[09:43]   Shai : qute open
[09:43]   Shai : wait n watch ahead of RBI
[10:00]   Rahul G : shai not much selling
[10:00]   Rahul G : i guess an IB extension
[10:01]   Shai : 19912 test is better
[10:01]   Shai : 19970 saw bounces yesterday
[10:01]   Shai : 50 points below 19970 should be easy
[10:04]   Rav : ONGC 360 from 352
[10:14]   Shai : sellers getting a marginal toe hold again in NF/ BNF
[10:18]   Shai : 19911
[10:18]   Shai : upto yesterday buyers now from here
[10:21]   Shai : small buyers in BNF
[10:21]   Shai : Hypo 1 can be taken abv IBL with day low as sl
[10:35]   Shai : 10.35 to 10.55 is time for speculation
[10:35]   Shai : seen BNF do 200 points pre RBI one way
[10:35]   Rav : agree
[10:40]   Shai : media also knows it is Rajan’s birthday today 🙂
[10:41]   RK : Is it?..So, market will give him a gift then 🙂
[10:41]   Shai : 🙂
[10:41]   Rav : 2008 rate must come in by Jun-Dec. HL @8%
[10:43]   Rav : NF LBU BNF SBU ?!
[10:49]   Rav : ONGC 361.40
[10:51]   Shai : BNf intra tgt is 20036/ 20150/ 20250 sl day low
[11:01]   r m : southwards ho! 🙂
[11:02]   Shai : stops gone in BNF
[11:02]   Shai : Reserve Bank of India (RBI) keeps repo rate unchanged at 7.75%.
[11:04]   Shai : there were lots of buyers at the lows
[11:05]   Shai : no back to test them again
[11:05]   Shai : don’t know how these buggers trade so fast!
[11:06]   Shai : vwap key here
[11:06]   Tejpreet : Even i got 4 lots at 19800 sl was 30 points
[11:06]   Shai : buy?
[11:06]   Shai : great
[11:06]   Tejpreet : yes
[11:06]   Tejpreet : booked 2 now at 19930
[11:07]   Shai : congrats
[11:07]   Shai : slr cut is positive
[11:07]   Tejpreet : Thanks .
[11:07]   r m : fastest fingers first 🙂
[11:07]   Tejpreet : no placed just before meet and lucky sl not hit.
[11:09]   Tejpreet : @Shai your views on lt now after rbi meet.
[11:09]   Shai : abv 19965 will still go up
[11:12]   Shai : BNF back in IB
[11:12]   Shai : NF buy abv 8872 for 8890/ 8910
[11:13]   Shai : abv 20035 is day high
[11:14]   Shai : 8897
[11:14]   Shai : nothing traded abv 8865
[11:18]   Shai : 8865 test is required to clear the gap
[11:18]   Rav : 19915 TO 20035:20 Lots perfect
[11:19]   Shai : 🙂
[11:19]   RK : Rav when you were going up, we were travelling in opposite direction to you :))..congrats
[11:20]   Rav : shais level and option of 19800pe long liquidation
[11:22]   Shai : on the RBI minute all that vol gt traded below 884 but now nothing abv 8865 to 8888
[11:22]   RK : Shai Tata motors supply level pls if time permits
[11:24]   Shai : tatamotors risly to short abv 595
[11:24]   Shai : imbalance is to 625
[11:24]   Shai : risky*
[11:25]   RK : thanks Shai..I am long and want to book it..will close around 623 then..
[11:26]   Shai : 595 sl
[11:26]   RK : got it
[11:27]   Rav : huge LBU
[11:28]   Shai : yes NF went positive at 8848
[11:28]   Shai : BNF still got shorts
[11:28]   Shai : 19900 to support again
[11:30]   Varun : sellers cming below dval
[11:36]   Rav : both nf and bnf is SIDE WAY
[11:36]   Rav : means pe ce writing happening
[11:36]   Shai : vix at 20
[11:37]   Shai : can drop to 18.55
[11:37]   Tejpreet : Can we take 19800-900 as buy zone
[11:38]   Rav : 19600-19750
[11:40]   Tejpreet : Thanks.
[11:40]   Rav : spot.pl add premium
[11:43]   Tejpreet : oops ok so we are in the zone now.
[11:43]   Tejpreet : Thanks.
[11:51]   Tejpreet : PNB rsults spook BNF.
[11:53]   Rav : bought at 19605
[11:56]   Shai : Nifty in the 8700- 8730 weekly supp zone
[11:57]   Shai : cash
[11:57]   Tejpreet : Brought 20500 call at 210.
[12:00]   Shai : 19735 F res
[12:01]   Varun : shai does abnormality happen only within value area
[12:01]   Varun : @shai does abmormality happen only within value area
[12:02]   Varun : a break in profile outside value area qualifies as a abnomality ?
[12:02]   Shai : can happen anywhere
[12:04]   Varun : can u see bnf profile, 672-688
[12:04]   Varun : is it abnormality
[12:06]   Shai : yes this string can be an abnormailty if we go below 19570 again
[12:06]   Shai : auctin still developing here
[12:06]   Shai : give it 20 mins
[12:06]   Varun : alrite
[12:06]   Varun : thanks
[12:23]   RK : BN spot low 19416 weekly support
[12:26]   Shai : yes supporting buying seen in BNF here
[12:27]   Shai : using 19400 as a base can move to 19600/ 19632 spot
[12:28]   RK : concern is its constantly breaking day lows..hard to keep SL 🙁
[12:29]   Shai : looking for a test of 19735 Future also which is the equivalent
[12:29]   Shai : yes playing a 100 point range
[12:29]   Shai : buyers defending 19560/7
[12:30]   Shai : have to keep an eye on the seller at top
[12:30]   RK : Tata steel resting on 378 support..can it break Shai?
[12:31]   Shai : not enough vol to break it currently
[12:31]   RK : fine.thanks
[12:32]   Shai : but has to cross 385.6 to be safe
[12:48]   Shai : NF hesistation slight near val and dval
[12:49]   Amit J : finally manappuram moving
[12:50]   Shai : congrats . Good call
[12:51]   Porus : Amit, what is the target?
[12:51]   Shai : NF has to move back abv dval for longs at the base to be safe
[12:51]   Shai : Porus 35.7 possible per chart
[12:51]   Amit J : thanks shai
[12:52]   Porus : Thanks
[12:52]   Amit J : i m super bullish for 40 soon
[12:52]   Shai : ok
[12:54]   Shai : Looks like long buildups at the lows of today in Both NF and BNF
[12:55]   Shai : then enter dval and cross vwap
[12:55]   Shai : else they will cober at close
[13:08]   RK : terminals working?
[13:08]   r m : yes
[13:09]   RK : mine and my freinds NEST and odin gone
[13:09]   Shai : sellers in BNF
[13:09]   r m : ok, here both NEST and ICICI traderacer working well
[13:28]   Rav : Inducing sleep
[13:28]   Rav : ongc back to sc
[13:29]   r m : 🙂
[13:29]   r m : Europe should open
[13:29]   r m : Green
[13:32]   Amit J : spicejet any view
[13:41]   Shai : spicejet is at NSE?
[13:44]   r m : BSE i think
[13:44]   Shai : yes
[13:45]   RK : TCS can extend up Shai or 2564 is res?
[13:45]   Shai : NF abv 8824 should do 8844/ 8852 sl of 8802
[13:45]   r m : dax decided to keep going p
[13:47]   r m : *up
[13:48]   Shai : ytcs may be headed t 2576/ 81
[13:50]   RK : thanks
[13:51]   r m : nf gets going
[13:52]   Rav : ongc ril itc pushing
[13:52]   Rav : heavy vol now
[13:55]   Shai : BNF push abv 675 shuld give 735
[14:11]   RK : Shai any view about close for such a volatile day?
[14:12]   Shai : No format for this one
[14:12]   Shai : BNF is a DD though
[14:13]   RK : tried to search a pattern but got totally confused about today’s move 🙂
[14:14]   r m : move is to spot pattern spotters and hit their stops 🙂
[14:15]   RK : true RM 🙂
[14:15]   Rav : nifty range is extending 8500-9400 with this move
[14:24]   Rav : 8500pe writing and 9000ce buying happened substantially so far
[14:30]   Rav : 19605 sold at 19705
[14:33]   Shai : still chances of seeling 8925/ 8950 by thurs or fri as long a stoday’s close is abv 8800
[15:12]   Sharad : Hello everyone… came late
[15:12]   Shai : BNF DD closing at lows
[15:12]   Shai : NF des not know where to actually
[15:13]   Sharad : Shai can you give support of USDINR. want to buy for march expiry ..expecting 65 +
[15:15]   Shai : Sharad I have only feb F data for usdinr
[15:15]   Sharad : no problem give me feb
[15:15]   Shai : seeing 61.10 as supp again and break abv 62.4 to give move up
[15:15]   Sharad : 61.10 and what about previous 61.40 ?
[15:16]   Shai : 63.70 upside poss
[15:16]   Shai : yes that is the 61.10
[15:16]   Sharad : ok… 63.70 in feb possible ?
[15:17]   Shai : has to break abv 62.34 to begin
[15:17]   Sharad : that will be in next 2 days for sure
[15:18]   Sharad : ok Bot futures @ 62.0350 will buy CEs later
[15:29]   Shai : BNF
[15:29]   Shai : closing near a bounce zone
[15:29]   Shai : will the bounce happen tom?
[15:30]   Sharad : Thanks.. Shai…. Bye all
[15:30]   Shai : Bye all
[15:30]   Tejpreet : Bye all.
[15:30]   Shai : Have a nice evening
[15:30]   Porus : bye all
[15:32]   r m : just logged in to say bye all 🙂
[15:52]   Amit J : bye