OrderFlow charts and Notes 07/12/15

Room Name: Vtrender
Date and Time: December 07, 2015 09:09:16[08:51]   r m : Good Morning folks!
[08:51]   r m : http://vtrender.com/levels-and-plan-for-7th-dec/
[08:51]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-07-dec-11-dec15/
[08:52]   r m : http://vtrender.com/orderflow-charts-and-notes-041215/
[08:52]   Jitender : Gm Rm…
[08:52]   r m : Hi Jitender 🙂
[08:52]   r m : Nifty DEC Future levles | KRA 7894 | Hypo1 above 7844➜7861➜7888 SL 7815 | Hypo2 below 7812➜7797➜7778 SL 7836
[08:52]   r m : Banknifty DEC Future levels | KRA 17228 | Hypo1 above 17060➜17111➜17178 SL 16960 | Hypo2 below 16960➜16918➜16843 SL 17050
[08:52]   r m : Nifty Spot Weekly levels | KRA 7855 | Support 7722/7642/7590 | Resistance 7915/8080/8105
[08:52]   r m : Banknifty Spot Weekly levels | Support 16700/16300 | Resistance 17130/17300
[08:53]   r m : Important data this week – IIP numbers on 11th DEC Fri
[09:02]   Sharad : GM all
[09:03]   Tejpreet : GM All
[09:03]   r m : Positional holding 8000CE – [13:23] Shai : (13:23) Shai :Positional Buy : 8000 ce at 61 sl of 39 tgt 87/ 110
[09:10]   Venkatesan : gm shai,rm and to everyone
[09:12]   Shai : GM all
[09:12]   r m : Hi Venkatesan
[09:14]   Ashish : GM all
[09:15]   Shanmugasubramanian : GM all
[09:15]   Jitender : GM Shai, friends…
[09:15]   Anay : GM All
[09:21]   Jitender : wow..charts hv changed
[09:22]   Shai : Hey Jitender- welcome back
[09:22]   Jitender : tx Shai..
[09:22]   Shai : 7844 a supportfor this open
[09:23]   Jitender : Shai..any tutorila for theese charts
[09:23]   Jitender : tutorial
[09:23]   Shai : No great buying at the open
[09:24]   Shai : yes there is a 22 min video sent in your welcome message and 2 other links
[09:24]   Jitender : k…will check…tx
[09:28]   Shai : Sell NF below 7841 sl of 7862 tgt 7816/ 7799
[09:28]   Santosh : Gm all
[09:28]   Shai : sell below*
[09:36]   Vaibhav : call active
[09:36]   Shai : yes
[09:36]   Shai : lack of buying at the open
[09:37]   Shai : but vol is poor and could be a slowish day
[09:38]   Chandramouli : GM all
[10:12]   Vaibhav : no harts?
[10:13]   Vaibhav : charts*
[10:14]   r m : yep, looks like some connectivity issue
[10:16]   Tejpreet : WTF moment in cricket ABDV 13 off 130 deliveries !
[10:16]   r m : Gavaskar got a mate 😀
[10:17]   Tejpreet : RM …reminds me of my youngerdays when i used cuss worgs first time …thanks to Gavaskar !
[10:18]   r m : lol
[10:19]   Sushovan : @Shai positional 8000CE hold ?
[10:20]   Shai : Yes for now we’ll hold
[10:20]   Shai : not below val yet – so let’s see what the seller is up to positionally
[10:42]   r m : NF shorts near target1
[10:42]   Shai : NF tgt 1- Book 50% here
[10:52]   Shai : wrb bar in NF at lows – it gets more bearish if we break lows
[10:54]   Shai : 8000 ce at an important supp of 47
[10:55]   Shai : we have to exit the positional call if it stays below
[11:00]   Shai : 17500 ce now below 150
[11:01]   Shai : https://vtrender.slack.com/files/rm/F0G1PF5RT/17500ce.jpg
[11:01]   Shai : broken down from that 3 week balance near 250
[11:22]   Rahul P : @ shai, do you see a trend day in making on nf ???
[11:22]   Varun : hw r the vol @shai
[11:24]   Shai : Could still be a trend day but response is there from friday lows
[11:25]   Shai : and vols are very poor for a prper trend day
[11:27]   Rahul P : ya, but those buyers struggling to get even to vwap…..so was in doubt
[11:27]   Rahul P : so far, nf has been one time framing
[11:29]   Shai : yes
[11:29]   Shai : cnf is abv vwap/ ibl only
[11:36]   Shai : BNF seeing some buying off the lows
[11:36]   Shai : steady greens
[11:39]   Shai : (11:38) Shai :Keep a Trailing SL at 7840 for the balance NF positions
[11:52]   Nandesh : guide us fro fresh sh in nf
[11:52]   Nandesh : for*
[11:59]   Shai : short below 7816 for 7797 or higher near 7835 with sl of 7855
[12:00]   Shai : watching 7850- 55 spot all week roughly that algo near 7892 F and no upmove possible till we tae that level out this week
[12:00]   Shai : BN around 17070 spot is resistance now
[12:00]   Shai : refer weekly notes
[12:38]   r m : another wrb
[12:40]   Shai : tgt 2 done in NF- Book position
[12:41]   Shai : sell BNF 17015 sl of 17065 tgt 16955
[12:42]   Porus : shai, what is next tgt for nf if still holding?
[12:43]   Porus : 7755?
[12:47]   Shai : yes 7770/ 7755
[12:48]   Shai : exited cos it was a wrb with green but seller in control till the hgh of the bar stays still
[12:48]   Porus : ok
[12:51]   Porus : 8000ce ws exited right?
[12:52]   Shai : not yet exited- looking to exit now
[12:53]   Shai : exit 7800 ce positional play at cmp- 45 now
[13:01]   Shai : NF is weak here
[13:02]   Shai : 125400 is not big and could be another dii type institution witha buy only mode
[13:02]   Shai : but these guys are not able to take it abv vwap since last week and 8000
[13:45]   Shai : exit the BNF short trade- 17045 now
[14:06]   Sushovan : @Shai buyers are defending days low ?
[14:08]   Shai : yes they are but not atrong enough to counter the overjead selling
[14:08]   Shai : can’t understand what BNF is doing today 🙁
[14:08]   Sushovan : oh ok
[14:09]   Vikkas : what are the blue dots on the NF 5 mins chart
[14:09]   Sushovan : Banknifty b shapped profile
[14:10]   Shai : close of that bar is blue dot
[14:10]   Vikkas : ahhh..ok thanx
[14:10]   Vaibhav : itc main culprit in nifty
[14:11]   Shai : yes
[14:12]   Shai : gst news in tobacco
[14:12]   Porus : ?
[14:12]   Sushovan : @shai pls chk 7900PE
[14:12]   Janak : what is the point in keeping FTSE index for trading when no one trades it?
[14:12]   Janak : 0 volume in NSE
[14:14]   Shai : 7900 pe strong abv 163 headed to 193 but can also do 224
[14:14]   Sushovan : thanks shai
[14:15]   Sushovan : looks like 191+ immediate destination
[14:15]   Sushovan : 🙂
[14:15]   Janak : shai if DJIA bought around 17500 on friday – can one hold till tom morning for 18k?
[14:15]   Janak : now at 17800
[14:19]   Shai : yes sushovan – we also ahve a wrb in 7900 pe starting a156 and also a good sl for trend
[14:19]   Shai : Janak don’t have data for DJIA
[14:19]   Janak : 🙁
[14:19]   Janak : NSE dec fut
[14:19]   Janak : DJIA
[14:20]   Janak : can i buy S&P at 2088 here?
[14:20]   Janak : the answer “don’t have data for SP” is not acceptabe ;
[14:20]   Sushovan : @Shai what is significant of WRB ?
[14:21]   Janak : you have two options to answer 1) Yes 2) yeah yeah :-))
[14:21]   Jitender : Shai..chances of a scale back upto 7820nf
[14:22]   Janak : on a side not – jitender – now that everyone is bearish – mkt will quitely go to 8000 ;
[14:23]   Janak : dehradoon se aayega ek bull-kumar – ghode pe beth ke – aur sab bears ko oont pe bithake dariya me…..
[14:23]   Jitender : 🙂
[14:24]   Janak : shai on friday – Gold mega jumped 1000 points in a span of 30 min!
[14:24]   Janak : i have never seen that
[14:24]   Janak : any one short with just 1 lot wud have lost 1 lac in 30 min if there was no SL
[14:25]   Shai : yes 7820 possible
[14:25]   Janak : even if there was an SL – system bypassed it
[14:25]   Janak : that too was an expiry day!
[14:25]   Shai : @sushovan strictly for our charts a wrb is often a strnger player in the mkt
[14:25]   RK : Hi All..just logged in to say hi!.roaming around rain hit areas..will join tmw and hope you all keep them below Fri close 🙂
[14:26]   Shai : Hey RK
[14:26]   Shai : hope all well
[14:26]   Vikkas : hi Rk..yes hope all good with u
[14:26]   r m : Hi RK, without you it is just not possible to lift market 🙂
[14:26]   RK : Shai yes perfectly alright..just some volunteer work with friends..on the way back home 🙂
[14:27]   Porus : Janak, gold had reached a critical bottom on EW.
[14:27]   RK : RM sitting on otherside with Varun 🙂
[14:27]   r m : 🙂
[14:27]   RK : Hi Vikkas..Yes Man.all good..thanks 🙂
[14:27]   Vikkas : 🙂
[14:28]   Jitender : Nowadays…rains & earthquakes galore & scary…
[14:28]   RK : Jitender absoloutely right..people here are scary even if it drizzles 🙁
[14:28]   Janak : RK – epdi erkingle machan? 🙂
[14:29]   RK : sema mama 🙂
[14:30]   RK : @Janak
[14:31]   Janak : மழை?
[14:32]   Janak : 🙂
[14:32]   Janak : now mkt will rally
[14:34]   RK : நல்ல மழை இங்கே # excuse us guys..just a query abt rain from Janak 🙂
[14:35]   Janak : stopped here man
[14:35]   Janak : sunny day
[14:35]   Janak : but chennai is worst i guess
[14:35]   r m : @Janak, rare combo of Gujju & Tamil sprinkled with English 🙂
[14:35]   Janak : dall-baat and idli mix u mean;;
[14:36]   Janak : bhaat
[14:36]   r m : @RK, no surprise, that is the only thing folks talk about in TN and around 🙂
[14:37]   r m : @Janak, your CM rides a cycle so he may be keeping a better check over drainage systems 🙂
[14:38]   RK : Janak its pouring in delta districts starting from Cuddalore through Chidambaram to Mayiladuthurai..since 8 am never stopped.
[14:38]   RK : Yes RM true
[14:38]   r m : Cuddalore I read is worst then Chennai with hardly any help reaching there for first 2 days
[14:39]   Janak : rm anandiben – i doubt ever has riden anything forget cycle ;;
[14:39]   Janak : she takes people for a ride fur sure
[14:39]   Janak : ;;
[14:39]   RK : Our CM uses only two vehicles RM..Helicop and tempo traveller..nothing else
[14:39]   r m : @Janak, but you are in Pondy na!
[14:39]   r m : lol
[14:39]   Janak : that CM rides in BMW ::
[14:39]   Janak : pondy gets 500 crores even if a canal goes overflowing;;
[14:40]   r m : @RK, even if she walks she won’t be able to see the ground because of her ample magnitude 😀
[14:40]   Janak : amma is the best CM still for TN RK – her amma’s kitchen with idily at 1 rs and rice below 10 is a mega hit and worth following
[14:41]   RK : Cuddalore is worst affected and relief materilas are coming in a huge way in 100s of trucks to Cuddalore..but the problem is people rob them in border of the district itself as gang and not all the materials are going to interior villages
[14:41]   Janak : dj is moving faster than BNF in NFO now at 850!
[14:42]   r m : @RK, no rule of law in TN? guess it is no better than Bihar or UP then
[14:43]   RK : RM very tough to manage the people who are already in mass destruction mentally and physically..so I think Govt has ordered to go soft on them..
[14:43]   r m : ok, you mean it is the general population who is looting the vehicles
[14:43]   RK : and political local leaders especically the caste based ones want to steal the show..so they try to grab materials from outsiders and try to issue themselves..
[14:44]   r m : yes, that happens very often
[14:44]   RK : Yes people who already got relieft but have good access to incoming vehicles again try to get materials..people from outsie have no idea who has got who has not..
[14:44]   r m : yes
[14:45]   RK : now after social media spread this news..govt is organising to some extent better distribution
[14:45]   r m : relief material can’t be distributed efficiently without a wellknit district level system
[14:45]   RK : but in one word all havoc going on in TN..first by rain, then flood, then damage and now relief fights..
[14:46]   r m : 🙁
[14:47]   RK : district admin is in full swing one side to restore normalcy by repairing delinked roads, closing the broken walls of lakes, restoring electricty,moving people to safe zones etc..and really cannot manage situation
[14:47]   RK : and rain is not stopping so that also reduces the speed of any work
[14:47]   r m : yes
[14:48]   RK : sorry..venting out here about thing what has been witnessing..will take a leave..will join tmw..
[14:48]   RK : bye all
[14:48]   RK : 8things
[14:48]   RK : *things
[14:48]   Tejpreet : Bye RK.
[14:48]   r m : bye RK, continue with you relief work
[14:49]   RK : I have literally broken when saw Jay’s tweet today morning saying he lost his last 5yrs savings..
[14:49]   r m : yes, very sad, and that too in capital city
[14:49]   RK : this is the situation of almost 75% of middle class people in Chennai who lived on ground floors
[14:50]   RK : and 90% of lowerclass
[14:50]   Vaibhav : sad state of affairs
[14:50]   r m : yes, poor folks lose everything every time 🙁
[14:51]   RK : Vaibhav I personally feel Govt has very little to do against such a huge disaster..
[14:51]   r m : except for better plans to provide relief and reconstruction help when such things occur
[14:52]   r m : like we used to have civil defense committees during the times when wars were frequent
[14:52]   Vaibhav : @rk..heart wrenching though
[14:52]   RK : Hope Govt will learn and do better planning RM..
[14:53]   RK : bye
[14:53]   r m : yes RK, citizens will have to raise their voice and force governemnts
[14:53]   r m : bye
[15:02]   Shai : BNF getting sellers again
[15:03]   Vaibhav : world stk mkts fall–we fall, world stk market go up-we fall.
[15:04]   Shai : technically the LT market is weak below 8300 and we risk 7200/ 6800 from here
[15:13]   Shanmugasubramanian : safe to carry shorts in BF & BNF ?
[15:14]   Shai : yes can
[15:14]   Shanmugasubramanian : THNKS SHAI
[15:18]   Janak : shai that is brave man
[15:18]   Janak : i dread to carry shorts in bn/nf today 🙁
[15:18]   Janak : eu is still on song and US is always on song these days ;;
[15:19]   Janak : unless rm sells-off the mkt – we have a massive rally on card in NF/BNF?
[15:19]   Janak : all nos to dehraddon say – “all lines are bullish – please dont dial for few days ;;”
[15:19]   r m : lol
[15:20]   r m : where are the buyers sirjee, markets moving down inspite of very lacklustre selling
[15:21]   Sandeep : @rm, some good buying at lows noo today?
[15:22]   r m : must have been only profit booking else market would have moved up
[15:23]   Sandeep : ok good point
[15:25]   Shai : @ Janak gap up was not used- how is that a good show by bulls?
[15:25]   Shai : besides even bears want a rally so they can pound some more shorts 🙂
[15:26]   Shai : was expecting 7722 an 7665 below 7850
[15:26]   Shai : still short on rise till 7850 spot is not taken out
[15:27]   r m : this time DII are buying slowly and not giving a high exit to sellers!
[15:28]   r m : In the past there used to be quick 200-300 points rally with deep sell offs
[15:28]   Shai : yes dii’s and the long only funds
[15:29]   r m : It seems that PN money is also moving out now, they must be smelling something in the air which may not be in their interests 😀
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Tejpreet : Bye All.
[15:30]   Shanmugasubramanian : bye all
[15:30]   Shai : Bye all
[15:30]   Jitender : bye….
[15:30]   Shai : Have a nice evening
[15:30]   Porus : bye all

Room Name: Vtrender
Date and Time: December 07, 2015 09:09:16[09:26]   Sandeep : shai, HUL views for longs?
[09:34]   Ashish : Shai, view on RCOM please
[09:36]   Shai : hul 808- 827 is the range for now- has opened up near last week poc and may stay sideways
[09:38]   R Goel : dhai also if possible view on bharat forge
[09:38]   Shai : rcom seeing some selling
[09:38]   R Goel : shai*
[09:39]   Shai : 78.4 is intra supp and 83.7 res
[09:39]   Ashish : Thanks Shai
[09:39]   Shai : 76.8 supp 2
[09:40]   Ashish : ok
[09:41]   Shai : bforge has an old buyer around 810. with that as sl can try aggressive longs- even then 853 a s resistance now
[09:41]   R Goel : thanks shai 🙂
[09:41]   Shai : close below 832 today not good for stock
[09:47]   Sandeep : so, can HUL be shorted here with sl above 827?
[09:51]   Shai : short if it drops below 822.5 cash now with 827.5 stop
[09:52]   Sandeep : thanks shai
[10:07]   R Goel : shai whr do you see support in siemens
[10:21]   Tejpreet : Shai views in Maruti for ID.
[10:21]   Ashish : Shai, Justdial almost achieved 797, do you see any buyers coming here?
[10:23]   Shai : small intra weakness in Maruti below 4626 and can drop t 4585 again sl day high for now
[10:25]   Shai : yes just dail at supp but no big buying yet, watch 814 which is intra res
[10:25]   Tejpreet : Thanks Shai
[10:26]   Ashish : ok shai, thanks
[10:28]   Ashish : Shai, auropharma downside targets please?
[10:35]   R Goel : (10:07) R Goel:shai whr do you see support in siemens
[10:37]   Shai : auro 796-799 is 1 supp band and right below it is 785
[10:38]   Shai : thanks RG – had missed it
[10:38]   Ashish : thanks shai
[10:39]   Jitender : Shai..yr views on Petronet
[10:39]   Jitender : Short / Long & levels
[10:39]   Shai : siemens still driving lower but see 1130-1141 as a supp this week
[10:41]   Shai : petronet strong res at 249/251 this week and due for a pullback- first support at 238
[10:42]   Jitender : can v short at current pricen trget
[10:42]   Shai : yes
[10:43]   Shai : but sl is the same mentioned abv and positional not intra
[10:43]   Shai : all cash levels**
[10:43]   Jitender : k…tx
[11:14]   Tejpreet : Maruti booked at 90 close to your target of 85. ThankS shai.
[11:30]   Shai : nice
[11:30]   Shai : there was a query on indusind on friday – has hit 952 and looking good
[12:14]   Sandeep : shai, views on tataglobal?
[12:23]   Shai : TATAglobal nice move from supp near 128 – watch 136 today and a close abv it is a further conf for a move to 142plus
[12:23]   Shai : 128 sl on trade
[12:57]   Tejpreet : DrReddy 5 min charts loks like it is on ventilator …just a straight line!
[13:00]   Shai : 🙂
[13:01]   Shai : stopped looking at dr reddy- If you are trading it then you can’t take your eyes away from that screen 🙂
[13:18]   Tejpreet : Shai how are the 2 IPO’S looking …Alkem seems good and getting premium in grey market .
[13:20]   Vaibhav : alkem will do good..as it will be an operated stock from day one. know the promoters personally
[13:22]   Tejpreet : Thanks Vaibhav.
[13:24]   Vaibhav : the owner of the company is known as king in bihar, there biggest market
[13:35]   Shai : is it?
[13:35]   Shai : yes everyone has a good opinion on both
[13:35]   Vaibhav : yep
[13:35]   Shai : price wise that is