OrderFlow charts and Notes 05/12

[08:55]   r m : Good Morning folks!
[08:56]   r m : http://vtrender.com/levels-and-plan-for-0512/
[08:56]   Porus : GM all
[08:56]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-0412/
[08:56]   r m : NF Hypo1 above 8634➜8660➜8674 SL 8610 Hypo2 below 8607➜8586➜8560 SL 8624 DEC Future levels
[08:56]   r m : BNF Hypo1 above 18770➜18860➜18930 SL 18720 Hypo2 below 18720➜18630 SL 18775DEC Future levels
[08:58]   Shai : GM all
[08:59]   Sharad : GM all
[08:59]   Ravi V P : gm
[09:12]   Shai : pre open in spot back to 8580 levels
[09:13]   Shai : Nifty spot weekly close abv 8580 will be good though heavy volumes have to come back in the index for sustained upsides
[09:13]   Shai : long liquidation happening in NF but BNF shows longs carried
[09:17]   Shai : 8586 supp
[09:20]   Shai : http://www.marketwatch.com/story/its-official-america-is-now-no-2-2014-12-04
[09:23]   Shai : Nifty 8588- 8628 kind of an early range
[09:23]   Shai : 8586 must hold for the bulls today but they should take out yesteray’s seller at 8628
[09:24]   Shai : BNF good abv 18760 today likely to do 18860/ 18930
[09:24]   Shai : vah is 18760
[09:25]   Shai : OI data from the close supports longs in BNF more than NF currently
[09:28]   Shai : NF is an OAIR today
[09:28]   Shai : BNF too marginally
[09:28]   Shai : But both positioned abv VAH
[09:29]   r m : USDINR triple inside day?
[09:29]   Shai : hypo 2 ref kept at 8586 for shorts which has been supply point from early this week
[09:30]   Sharad : RM already breached downside INR
[09:30]   r m : @Sharad, thanks
[09:32]   Shai : Yes RM nice spot
[09:33]   Shai : breaking from triple inside
[09:33]   Shai : 61.88 obj
[09:33]   Shai : it’s friday and usdinr may move a bit more
[09:34]   Sharad : so Shai after 61.88 what ?
[09:34]   r m : Thanks Shai!
[09:36]   Shai : Sharad that is a short trem obj of the break today below val
[09:36]   Shai : Volumes currently do not suggest a big break down coming’
[09:36]   Sharad : but what support after 61.88 for 2-3 days
[09:38]   Shai : not suggesting much below 61.88 currently
[09:38]   Shai : let’s see if volumes pick up by afternnon
[09:39]   Sharad : ok fine
[09:42]   Amit J : shai any view on redington
[09:49]   Shai : sure
[09:52]   Shai : some buzz in redington?
[09:52]   Shai : sould do 146
[09:52]   Shai : sl is below 131
[09:52]   Rahul N : shai whats the levels for bank of india?
[09:53]   Shai : open drive on volumes in redington
[09:53]   Amit J : thanks. can we expect trending till end
[09:53]   Shai : yes looks like close at extreme
[09:55]   Shai : bankindia may have met the price move obj at 306-305.2
[09:55]   Shai : max upside is 308 on current vol
[09:55]   Shai : may come down to 297 which is supp
[09:56]   Shai : all cash levels
[09:56]   Rahul N : tnx…
[09:56]   Shai : welcome Rahul
[09:56]   Shai : 18894 BNF- only 40 away now
[09:57]   Shai : but that 19500 ce has not moved 🙁
[09:57]   Shai : maintain obj for that ce at 19258 F
[09:58]   Shai : that should place it in profits
[09:59]   Shai : vah in NF sows buyers responding today
[09:59]   Shai : it was at VAL they were defending all week till now
[09:59]   Shai : *shows
[10:11]   Rahul N : shai if bank of india manages to clear 308 ,then what is the target?
[10:11]   Rahul N : on closing basis
[10:15]   Shai : about 24 point upside can come in nxt 3 weeks
[10:15]   Shai : 326 first watch and then 332
[10:15]   Assortz : original view of 18610-18770-18930 is almost done.but they made it difficult to hold the buy:)
[10:15]   Rahul N : tnx
[10:16]   Shai : agree Assortz
[10:16]   Shai : still haven’t figures out yesterday’s open
[10:16]   Assortz : but NF was in different world 🙁
[10:17]   Shai : Welcome Rahul
[10:17]   Shai : view is valid for the month max one week next month if we are close to tgt
[10:17]   Assortz : looking for buy in dips for 19258
[10:18]   Sharad : Shai what view on Reliance now ? can buy ?
[10:18]   Shai : kind of a rive in BNF again today
[10:18]   Shai : drive*
[10:18]   Shai : so vwap is the best place to buy with sl of 30- 40 points intra just below vwap
[10:19]   Sharad : Reliance doing 970-1000 range so many times
[10:20]   Assortz : not in a hurry..looking for 2 places..18770 and 18720 to add buy with SL 18610..lets see if it offers any opportunity to board on it again 🙂
[10:20]   Assortz : VAWP game has become too risky in last few days..they hover around it a lot..
[10:21]   Shai : Sharad 971 cash prefer to buy on cfross
[10:21]   Shai : cross abv 971
[10:21]   Sharad : ok for 1000 ?
[10:22]   Shai : yes same 1010- 1017
[10:22]   Shai : it will come back in the same bracket and look to do 1010 again
[10:22]   Shai : cash levels
[10:22]   Sharad : ok very nice
[10:23]   Shai : not much tracction in RIL today- should close at 964 only
[10:23]   Sharad : ok
[10:24]   Sharad : to support index RIl should come forward as software is down
[10:24]   Sharad : RIL
[10:26]   Shai : RIL more likely to announce that 4G on 28th dec?
[10:26]   Shai : Dhirubai’s birthday as he did with that telecom launch
[10:27]   r m : then they may have to restrict the launch, infrastructure not ready in smaller cities so far
[10:27]   Shai : yes it is delayed quite a bit
[10:28]   r m : bye folks, my invertor running out 🙁
[10:28]   Shai : tc 🙂
[10:28]   r m : sure 😀
[10:28]   Shai : May the power Gods shine on you soon 🙂
[10:29]   r m : hope so
[10:32]   Sharad : http://trak.in/tags/business/2014/12/03/reliance-jio-internet-100mbps-offering/
[10:34]   Sharad : great things coming this month from reliance
[10:35]   Sharad : it will put India on top for internet speed
[10:35]   Shai : yes saw that
[10:35]   Shai : thanks
[10:35]   Shai : is it certain this month?
[10:35]   Sharad : mostly yes
[10:35]   Shai : 100 mbps is good across india
[10:36]   Sharad : and that is why price should reach target much before launch
[10:36]   Narendra : redington started movement
[10:36]   Ravi V P : 2015 id the deadline as per rule.
[10:36]   Ravi V P : for RIL to rollout
[10:36]   Sharad : after launch end game should start in reliance price
[10:37]   Amit J : fcel good one
[10:37]   Sharad : i think 1065-1075 possible in December expiry. What say Shai ?
[10:38]   Porus : bnf 18929
[10:40]   Shai : let me check
[10:40]   Sharad : sure
[10:41]   Shai : yes around 1075 possible in price f we stay abv 992 for 2- 4 sessions quickly in next 1 week
[10:41]   Shai : else 1035 abv 992 close
[10:41]   Sharad : Good i am buying 980 CE @ 16
[10:56]   Amit J : jsw above your level
[11:01]   Shai : 1185 next watch
[11:01]   Shai : should ris efaster abv 1185
[11:01]   Shai : BNf back to vwap
[11:02]   Shai : so far just looks ntra day pull back from 930
[11:02]   Shai : positional players not yet cutting out
[11:03]   Shai : NF searchng for acceptance abv 8588
[11:03]   Shai : so far succeeding and vwap will be evidence of that
[11:03]   Shai : stay long abv 8588 for 8664
[11:05]   Janak : shai can we expect a sell-off in the afternoon followed by monday till 18100?
[11:05]   Mandar : GM. @Amit. is Eumuco forging part of Bharat forge?
[11:06]   Shai : 18610 supp now Janak on any fall
[11:06]   Shai : 18400 I see below that
[11:07]   Janak : ok
[11:07]   Janak : its time some heavy profit-booking came
[11:07]   Ravi V P : option pain is at 18500
[11:15]   Janak : a short here will give 820 / 760?
[11:22]   Mandar : Btw eumuco has started manufacturing “bomb shells” for defence.
[11:29]   Amit J : essdee alumium any view
[11:40]   Shai : esdee looks good
[11:41]   Shai : 420 is On in next 1-3 sessions
[11:41]   Shai : looks like a rise to 475 in that stock
[11:41]   Shai : cmp 406
[11:41]   Shai : supp ress at 374 positional
[11:44]   Amit J : thanks. qip today. successful hai
[11:47]   Shai : ok
[11:48]   Shai : Amit query for you : (11:05) Mandar :GM. @Amit. is Eumuco forging part of Bharat forge?
[11:49]   Shai : Nifty spot test at 8580 levels : (09:13) Shai :Nifty spot weekly close abv 8580 will be good though heavy volumes have to come back in the index for sustained upsides
[11:49]   Ravi V P : http://www.screencast.com/users/Ravicbe
[11:49]   Ravi V P : shai..i am long from 8576. can i book or wait
[11:50]   Shai : nook once near 8615-20
[11:51]   Shai : can re-initiate at 8634 plus
[11:51]   Shai : *book
[11:52]   Chiranthan : views on atul auto
[11:57]   Amit J : sorry i dont have any information on that. sorry missed it.
[12:03]   Mandar : ok
[12:20]   Shai : 2 sellers holding up near the 18915
[12:46]   Janak : BN sun raha hoon mein……https://www.youtube.com/watch?v=wCjHH3UVpkU
[12:46]   Janak : 850 coming
[13:00]   Janak : rm around?
[13:08]   Narendra : redington 146
[13:09]   Sharad : DLF becomes mad today 5% up
[13:10]   Sharad : 164 Shai number came
[13:13]   Sharad : 8586 exact Shai
[13:18]   Shai : buyers seen defending 8586
[13:18]   Shai : have to cross abv vah to be safe
[13:18]   Shai : BNF down below vwap now
[13:18]   Janak : bn can do 760 shai?
[13:19]   Shai : 18793 below vwap
[13:19]   Janak : ok
[13:20]   Shai : yes obj was round 146- profit bookig expected – (13:08) Narendra :redington 146
[13:20]   Amit J : thanks shai. i booked redington
[13:21]   Amit J : bharti still falling
[13:23]   Amit J : now doing essdee
[13:27]   Amit J : 80%?
[13:28]   Rahul N : shai whats the levels for yes bank?
[13:31]   Shai : esdee good above 374
[13:33]   Shai : yes band profit booking after a good runup
[13:33]   Shai : 766 res
[13:33]   Amit J : rcom customer to get access to jio
[13:33]   Shai : 750 likely to offer minor supp below which it it can come to 738-741
[13:34]   Shai : wow- private arrangemnts or bailout 🙂
[13:35]   Shai : watch cnxit for supp at 11510- 11560
[13:35]   Shai : below 11510 it will break gard
[13:35]   Shai : then 11120 possible
[13:36]   Shai : sot prices
[13:40]   Sharad : Amit where is news of Rcom customer to get Jio access ?
[13:40]   Amit J : ET now
[13:40]   Sharad : can you send link
[13:42]   Amit J : etnowlive tweeet
[13:42]   Sharad : ok
[13:46]   Janak : BN wants to go down / NF up
[13:51]   Shai : 8624 in NF now sl of 8594 cmp 8605- buy
[13:59]   Janak : 2.30 sell-off?
[13:59]   Janak : news from dehradoon times
[14:02]   Shai : Rm is out
[14:02]   Shai : His power company in DD needs a visit from Modi
[14:03]   Janak : 🙂
[14:03]   Shai : then acche din will come for him there
[14:03]   Janak : since how many weekends we are closing bullishly?
[14:03]   Janak : mkt is yet to see a Friday sell-off in a long time now
[14:04]   Shai : there’s this pattern at play- rise in last 45 mind and sell in first 45 mins of the day
[14:04]   Shai : rest is see-saw
[14:14]   Shai : BN went almost to day high but NF didnt
[14:15]   Ravi V P : CALL PUT 8600 8500Highest OI 5,806,925 6,224,100 8600 8500Change in OI 431425 662625
[14:30]   Janak : 230
[14:31]   Janak : 2.30
[14:32]   Janak : pink comes in bn
[14:32]   Janak : will it work?
[14:37]   Shai : yes Ravi 8500 pe is the biggest
[14:37]   Ravi V P : 17700-19300pe short biludup
[14:37]   Shai : but next 3 are 8600, 8700, 8800 all ce’s
[14:38]   r m : back!
[14:39]   Ravi V P : 8500-8600 both pe ce are being written being friday
[14:47]   Shai : Welcome back RM
[14:47]   r m : Thanks 🙂
[14:47]   Shai : Nothing hapened when you were gone
[14:48]   r m : yeah, looks like I never went away 😀
[14:50]   Shai : 🙂
[14:50]   Shai : Another normal day
[14:50]   Shai : exit the NF long trade at cost 8604
[14:51]   Shai : day can close at vwap here
[15:13]   Shai : Nf vlume just under 40 L
[15:13]   Shai : surely it is one of the poorest tradig sessions ever
[15:14]   Shai : that move to 8583 is the poorest excuse to catch some long sl
[15:21]   Shai : 44L
[15:21]   Shai : this should open up at 8604 again on Mon
[15:24]   r m : NF short of time for finishing 80%!
[15:24]   r m : MP wise 80% done though
[15:25]   Chiranthan : zerodha nest freezing frequently.anyone else facing issues
[15:25]   r m : did you install the critical patch?
[15:25]   Chiranthan : yes
[15:26]   Shai : buy an 8600 ce for Mon morning open
[15:26]   r m : ok, today i was powered off but yesterday NEST was giving trouble
[15:26]   Shai : sl will be 8550 in the IB on Mon
[15:26]   Shai : tgt 8605/ 8620
[15:29]   Shai : getting your wish : (15:24) r m:NF short of time for finishing 80%!
[15:29]   r m : 🙂
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Shai : Vol 51 L
[15:30]   Shai : 11L added in 20 mins
[15:31]   Shai : Bye all
[15:31]   Shai : Have a nice eve
[15:31]   Chiranthan : bye
[15:31]   Porus : bye
[15:31]   Sharad : Bye all Have a nice weekend
[15:31]   Amit J : bye
[16:20]   Janak : (15:26) Shai :buy an 8600 ce for Mon morning open
[16:20]   Janak : looks like sell-off will cont on mon