OrderFlow Charts and Notes 05/05/15

[08:55]   r m : Good Morning folks!
[08:55]   r m : http://vtrender.com/levels-and-plan-for-5th-may/
[08:55]   Porus : GM RM and all
[08:55]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-040515/
[08:55]   r m : Hi Porus
[08:56]   r m : Nifty MAY Future levels | Key Reference Area 8387 | Hypo1 above 8387➜8404-8427➜8456-8474 SL 8340 | Hypo2 below 8335➜8302➜8287 SL 8387
[08:56]   r m : Banknifty MAY Future levels | KRA 18635 | Hypo1 above 18635➜18709➜18816 SL 18525 | Hypo2 below 18503➜18398➜18315 SL 18610
[08:57]   RK : GM RM
[08:59]   r m : Hi RK
[08:59]   r m : http://vtrender.com/nifty-and-banknifty-spot-weekly-profiles/
[09:06]   r m : Results today – Kotak Bank, South Indian Bank, Dabur
[09:09]   Mahesh : GudMrng every1
[09:12]   Ashish : GM all
[09:15]   Shai : 8336 is the number for the open
[09:16]   Shai : the expected 40 point drop is at Open
[09:16]   Shai : 18504 in BNF will spell weakness intra
[09:16]   Tejpreet : GM all.
[09:17]   Mahesh : k
[09:18]   Shai : Buyers at VAH
[09:22]   Sumit : GM eeryone
[09:23]   Sumit : *everyone
[09:23]   Shai : Keep an Order to sell BNF below 18499 sl of 18561 tgt 18403
[09:24]   Shai : Visible diff at this OPen- NF abv VAH and BNF below VAL
[09:24]   Shai : 80% rule can come in Both
[09:25]   Shai : cross abv 18570 should bring back 18620 sl of 18515
[09:26]   Shai : NF we will sel below 8335 for 8302 sl of 8364
[09:27]   Mahesh : nifty too can place sl oreder or to wait
[09:28]   Mahesh : can we place stoploss order or we wait
[09:29]   Shai : Nifty wait
[09:29]   Shai : BNF can as trade rules say we are below VAL
[09:30]   Mahesh : kk
[09:34]   Shai : NF meeting sellers now
[09:34]   Ashish : Shai, any intraday target for nifty 8300 PE
[09:38]   Hemant : Shai GM, Can it visit near 8230 spot today or tomorrow?
[09:39]   Shai : yes 8230- 8335 sideways mode possible
[09:39]   Shai : spot
[09:39]   Hemant : Great thanks
[09:41]   Hemant : what should be the options strategy for that scenario?
[09:43]   Shai : Ashisg=h that 8300 pe has to cross abv 127 for momentum intra day then tgt is 153/ 174
[09:43]   Shai : Ashish*
[09:43]   Shai : BNF
[09:44]   Shai : 80%
[09:44]   Mahesh : ya just a point less
[09:44]   RK : boom BNF..cant place order 🙂
[09:48]   Shai : BUy NF at cmp sl of 8334 tgt 8387
[09:49]   Shai : remove the BNF sell below order
[09:51]   Ashish : thanks shai
[09:53]   Shai : BNF done to the tick- (09:24) Shai :80% rule can come in Both
[09:54]   Sharad : GM all
[10:21]   Porus : Shai, what do you make of y’day FII OI action – major is they sold Fut, bot PE and sold CE?
[10:32]   Shai : Porus most of their bias in in stock F
[10:32]   Porus : ok
[10:32]   Shai : if they are buyers there, then mkt will move up
[10:32]   Shai : 8383
[10:33]   Shai : looks like a sideways market today and the breakout moves will not come
[10:33]   Mahesh : can wait for trgt or partial book now
[10:34]   Shai : book part near 8380
[10:34]   Mahesh : k
[10:34]   Shai : we will move sl to 8359 once the initial tgt is donw
[10:35]   Mahesh : k
[10:35]   Shai : BNF is a short opportunity at 18625- 18630 with sl of 18665 for 18565 tgt
[10:36]   Shai : good risk reward setup
[10:58]   Shai : tgt 2 is 8427 sl of 8359 – (09:48) Shai :BUy NF at cmp sl of 8334 tgt 8387
[10:58]   Ashish : banknifty short call triggered
[10:59]   Shai : yes keep sl is sytem- 40 point risk
[10:59]   Ashish : ok
[11:18]   Varun : shai cn u refresh one data, shows a lakh buyer against 0
[11:28]   Shai : yes that’s a buy stop order
[11:32]   Shai : Book out all NF longs
[11:39]   Shai : Book BNF at 18580 – (10:35) Shai :BNF is a short opportunity at 18625- 18630 with sl of 18665 for 18565 tgt
[11:41]   Amit J : gst is very imp today. till clarity we should not give any direction
[11:43]   Shai : ok
[11:43]   Shai : below 8375 is a 15 point drop to 8360 and even 8340
[11:53]   Shai : low volume moves again
[11:53]   Shai : NOt a market today where you can trade at the extremes
[11:53]   Shai : at extremes for breakout or breakdown
[11:59]   Shai : shorts have added at 8376
[12:00]   Shai : If we close below 8380 today then buy 8200 puts
[12:01]   Shai : tgt of the move is 8250/ 8190
[12:02]   Shai : looking at 120 and 168 on the 8200 PE sl of 47
[12:03]   Shai : 80 approx now and can add abv 97
[12:59]   Shai : early morning buyers are there around 8340
[12:59]   Shai : if they cash out we have a 40 point fall
[13:01]   Amit J : big buyer in bnf
[13:03]   Amit J : kotak view for buying shai?
[13:14]   Hemant : How long will it take to crack Shai?
[13:14]   Shai : kotak bank buy on dips to 1349
[13:15]   Shai : sl of 1337 tgt 1375 plus
[13:15]   Shai : NF tgts 8302
[13:17]   Shai : 8200 pe at 98
[13:18]   Porus : add more now or wait?
[13:18]   Hemant : Shai, is there a buyer at 8230 NF?
[13:18]   Shai : Now let’s sell NF at 8340 – 8335 with sl of 8365
[13:18]   Shai : yes 1 buyer there
[13:18]   Shai : Porus wait
[13:24]   Shai : BNF not showing a lot of active sellers below 18500
[13:24]   Shai : 8335- 8340 place to short if we see more sellers in NF tgt 8302
[13:27]   Shai : Sell NF btw 8335- 8339 sl of 8363 tgt 8302/ 8287
[13:31]   Shai : day profile is neutral
[13:31]   Shai : vwap is critical here
[13:31]   Shai : NF
[13:31]   Shai : below IB chances of a neutral extreme close are higher hence the short
[13:32]   Shai : NO new sellers yet
[13:33]   Amit J : shai fa possible in bn?
[13:36]   Shai : technically 25 mins below IB on abv avg volumes
[13:36]   Shai : will not rate it as an FA
[13:37]   Amit J : ok
[13:47]   Shai : exit the Nifty short trade
[14:01]   Ashish : Kotak bank bonus 1:1
[14:01]   Tejpreet : Amit any news on Century results.
[14:03]   Shai : Kotak zoomed
[14:03]   Shai : 1408 2nd obj
[14:03]   Shai : then 1442 is 1408 sustains
[14:05]   Amit J : no tejpreet
[14:05]   Amit J : was focusing on kotak only
[14:06]   Tejpreet : Thanks …looks set for explosive move either side.
[14:09]   Amit J : century result came
[14:12]   Amit J : century looks good to me.
[14:12]   Varun : @shai are thr 2 sellers trapped one lakh and 2 lakh near lows?
[14:12]   Amit J : it should have performed on that no
[14:15]   Varun : @shai 15 min chart
[14:17]   Shai : yes Varun they could have covered up
[14:17]   Amit J : shai your view on dabur for long
[14:17]   Shai : looks like a neutral center
[14:20]   Shai : Dabur 266 .5 supply
[14:20]   Shai : seeing 273 imm if we cross abv
[14:20]   Tejpreet : Right Amit results look good for century…lets see the price movement now.
[14:27]   Shai : Kotak can do 1430 before close
[14:27]   Shai : Good Headsup Amit
[14:52]   Shai : neutral center still – though a bit early there
[14:52]   Shai : Kotak 1424
[14:53]   Amit J : discussion on gst started
[14:53]   Ashish : Shai, Any trade on Star
[14:57]   Shai : start good abv 1078 – buy dips till 1078 tgt 1119
[14:57]   Shai : star*
[14:58]   Ashish : Thanks Shai
[14:59]   Sudhakar : any trade on zeel shai
[15:05]   Shai : zeel not yet in a high conviction setup for longs
[15:05]   Shai : below 313.5 can drop 5 points to 308.6 and 306 possibly
[15:06]   Shai : but long interest confir,s only abv 318
[15:06]   Sudhakar : thanks shai
[15:06]   Shai : welcome
[15:09]   Amit J : 1424 kotak
[15:09]   Shai : Kotak 1429.45 cash
[15:12]   Shai : Amit Dabur on results ?
[15:13]   Amit J : yes but less confidence
[15:13]   Shai : ok
[15:14]   Amit J : gst will mostly be cleared. if that happens than huge buying tomorrow
[15:14]   Sudhakar : shai zeel fut lvls or cash lvls?
[15:14]   Shai : Sudhakar all cash levels here in stocks
[15:14]   r m : all cash unless mentioned otherwise
[15:15]   Sudhakar : ok thanks
[15:15]   Amit J : shai your level above which bears would be in trouble?
[15:16]   Shai : 8404 F
[15:16]   Amit J : congress BJP supports gst
[15:16]   Shai : opens up 8525 F on good volumes
[15:17]   Ashish : IF GST is cleared, which sectors will be in focus @ Amit
[15:21]   Vivek K : logistics
[15:24]   Ashish : Thanks Vivek
[15:25]   Vivek K : tci is cheapest and should benefit the most but god knows why it has not moved today
[15:30]   Shai : both close near vwap
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Dharamveer : what could be the impact of the bill
[15:30]   RK : thanks and bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:31]   Sudhakar : bye all
[15:31]   Porus : bye all
[15:31]   Hemant : bye folks, see you tomorrow
[15:31]   Amit J : bye
[15:33]   Sharad : Bye all