OrderFlow charts and Notes 10/08/15

Room Name: Vtrender
Date and Time: August 10, 2015 09:10:17[08:43]   Manoj : gm shai
[08:43]   Manoj : gm rm
[08:43]   Manoj : gm all
[08:43]   Misaal : Gm all
[08:43]   Rajasekharan : gm all
[08:44]   r m : Good Morning folks!
[08:44]   r m : Hi Manoj
[08:45]   r m : http://vtrender.com/levels-and-plan-for-10th-aug/
[08:45]   r m : http://vtrender.com/orderflow-charts-and-notes-070815/
[08:45]   r m : http://vtrender.com/option-values-dt-070815/
[08:45]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-10-aug-14-aug15/
[08:45]   r m : Nifty AUG Future levels | Key reference area 8583 | Hypo1 above 8613➜8643➜8662 SL 8584 | Hypo2 below 8585➜8563➜8535 SL 8625
[08:46]   r m : Banknifty AUG Future levels | KRA 18940 | Hypo1 above 19070➜19125 SL 18940 | Hypo2 below 18940➜18885➜18820 SL 19055
[08:46]   r m : Banknifty Spot Weekly levels | Support 18800/18430 | Resistance 19070/19330
[08:46]   r m : Nifty Spot Weekly levels | Support 8535/8505/8425 | Resistance 8640-8664/8756
[08:52]   Moses : GM All
[08:52]   Vikkas C : GM all
[08:53]   Shai : GM all
[08:55]   Suyash : Morning all !
[08:56]   Augustin : GM all
[08:58]   Shailesh : GM all
[09:00]   Manoj : shai what is that new blue line
[09:05]   Srini A : GM All
[09:07]   Tejpreet : GM All
[09:08]   Vikkas C : tomo big papa pump reports (SBIN)
[09:09]   r m : @Vikkas, pump or dump? 🙂
[09:09]   Vikkas C : that we’ll find out tomo RM 🙂
[09:09]   r m : 🙂
[09:09]   Rajat : gm
[09:10]   Manoj : i feel it will B pump
[09:10]   r m : ok
[09:10]   Ashish : Gm all
[09:11]   r m : tomorrow is a big result day – HPCL, Sunpharma, Tatasteel too
[09:11]   Vikkas C : yes RM
[09:12]   Venkatesan : GM SHAI,RM AND FRENDS
[09:13]   Mohul : GM
[09:15]   Sandeep : Good Morning all
[09:15]   Vikkas C : O=L in BNF
[09:15]   r m : Hi Venkatesan
[09:18]   Shai : we have added a volume filter to the charts ( blue pane bottom) . This will alert us to volume spikes
[09:18]   Manoj : ohh ok
[09:18]   Rajat : good
[09:18]   Shai : open auction in range and value
[09:19]   Shai : generally means a slow open
[09:20]   Varun : 🙂
[09:20]   Varun : thanks
[09:21]   r m : 12th is CPI and IIP data after market, 14th WPI
[09:23]   Sharad : GM all
[09:25]   Manoj : how is volume shai
[09:26]   Shai : not very hgh for first 15 mins
[09:27]   Varun : comin bck in range
[09:28]   Shai : 8612 supp
[09:28]   Shai : also vwap to watch
[09:28]   Varun : vwap test imp now
[09:29]   Varun : break below vwap could give first excess
[09:29]   Varun : t open
[09:30]   Varun : buyers
[09:31]   Shai : yes
[09:31]   Shai : Buy NF for 8660 sl fo 8610 cmp 8630
[09:32]   Shailesh : Shai can it be a trend day..volumes are gud
[09:32]   Shai : can become a trend day
[09:32]   Shailesh : kk
[09:32]   Shai : we did mention at close on friday that the open would be crucial
[09:33]   Shai : vwap to watch for rest of morning and IBH after 10.20
[09:34]   r m : 56 point IB is quite big
[09:34]   Manoj : shai i m holding 8700 CE large QTY wht tgt to keep
[09:35]   Manoj : Rm Shaab let nf do +2IB today
[09:35]   Shai : Manoj for intra or pstnl?
[09:35]   Manoj : positional
[09:35]   Manoj : i m head long since thursday
[09:36]   r m : Sure Manoj, it is all yours 🙂
[09:37]   Shai : 72 res on 8700 ce- if that is crossed then 87/ 104
[09:37]   Manoj : 8579 is where i bot all
[09:37]   Manoj : ok thnks shai
[09:40]   Shai : NF is back in the thurs upper distribution- we waited for this move all friday
[09:42]   Rajat : Anomaly is there @ 8608 level. Is NF going to repair that level?
[09:43]   Shai : Not an anomaly as it is a drive up but vah being there has significance
[09:43]   Shai : if we fail there we go to day lows
[09:43]   Rajat : ok
[09:45]   Shai : 9.45
[09:45]   r m : bn fast and furious!
[09:46]   Tejpreet : Shai NF and BNF levels above which we can expect a quick move for ID scalp need to put it in system as we might not stay there for long 🙂
[09:47]   r m : bn touched 19124.90 (Hypos 19125)!
[09:47]   Sumit K : Shai – what is next level on BNF after 19125
[09:48]   Rahul G : shai is this correct to say last 4-5 candels lot of red delta and also there is no volume in that
[09:48]   Rahul G : after looking at charts ??
[09:48]   r m : @Sumit, spot 19070 is next resistance
[09:48]   r m : uske paar amparampaar 😀
[09:49]   Augustin : 🙂
[09:49]   r m : 8643 done by NF
[09:49]   Shai : 19187
[09:50]   Shai : Yes Rahul sellers are there
[09:54]   Shai : early monring buyers meeting prev sellers
[09:57]   Shai : IB is already 67
[09:57]   Shai : chances of a normal day now higher than a trend day
[09:57]   Shailesh : alright shai
[09:57]   Shai : we will exit the long position intra day near 8645
[09:57]   RK : GM Shai,RM and all
[09:58]   Shai : for now that sl look s safe as we move in the upper distribution of thurs
[09:58]   Varun : which sloos shai
[09:58]   Shai : 8612
[09:58]   Varun : sloss
[09:58]   Varun : k
[09:58]   Varun : thnks
[09:59]   Varun : ya in rane + vwap-10
[09:59]   Varun : range
[09:59]   Shai : buyers if they keep the auction here 8630- 8650 for next 3 hours would hope that the sellers seen here cover in the closing hour
[10:04]   r m : Hi RK
[10:08]   Shai : book out fully in the option weekly call of 8600 ce at 120.
[10:08]   Shai : we will have a new weekly call tomorrow
[10:18]   Manoj : now we have a 67.3 pt IB make 2 IB
[10:28]   Vikkas C : SHAI bnf 30 mins can u pls pull it down a bit
[10:33]   Shai : looking for a new position in NF intra now abv 8648 only
[10:34]   Shai : BNF is also a buy here and on dips as long as 19040 holds
[10:37]   Shai : we got a 50% return on our first weekly option call. Plan to do one new option call every Mon/ Tues with a close the same friday or coming Mon
[10:37]   Augustin : That would be great
[10:37]   Gaurav : Super
[10:43]   Shai : buy BNF abv 19135 sl of 19085 on day tgt 19185 and 19225
[10:53]   Kiran : BNF Is it a good idea to buy above day high than now ? last time we has fall from this level.
[10:53]   Shai : yes can
[10:54]   Shai : my cues are abv IBH in line with the view expressed above
[10:54]   Shai : 1 hour done- (09:59) Shai :buyers if they keep the auction here 8630- 8650 for next 3 hours would hope that the sellers seen here cover in the closing hour
[10:56]   Kiran : Shai is it possible to include vWAp dot levels in a box
[11:04]   Shai : ok – will look into it
[11:06]   Vikkas C : trapped sellers @ 8634
[11:31]   Porus : Shai, nf profile so far is a P?
[11:32]   Shai : yes P- quick short covering at open
[11:32]   Porus : So that gives us a long bias?
[11:35]   Vikkas C : shai any chances of NF and bnf rotating back to IBL
[11:43]   Kiran : what are these blue lines in the charts just above the time stamps ?
[11:43]   r m : @Kiran, (09:18) Shai :we have added a volume filter to the charts ( blue pane bottom) . This will alert us to volume spikes
[11:44]   Kiran : thanks
[11:47]   Shai : Yes Porus that will put us in a long bias with day low as sl
[11:47]   Shai : provided the buying tail is exacylt like this at close also
[11:50]   Rajat : Its good to see DPOC and LVN+0 at same level in BN
[11:53]   Manoj : looks like mkt is going to close or going to die few min so dead vols
[12:02]   Shai : Yes that LVN 0 is important for a positional close
[12:03]   Shai : consider it positive and a breakout if we close abv
[12:03]   Rajat : ok
[12:03]   Shai : dpoc is just intra day but vwap more imp for these buyers today to hold
[12:04]   Rajat : ok
[12:04]   Shai : 2 hours done- (10:54) Shai :1 hour done- (09:59) Shai :buyers if they keep the auction here 8630- 8650 for next 3 hours would hope that the sellers seen here cover in the closing hour
[12:04]   Shai : we will put a long alert abv 8648 for a fresh long
[12:37]   Vikkas C : wud appreciate if any one cud help in how to read the volume spike band
[12:47]   Tejpreet : BN SL trigerred at 85
[12:48]   r m : @Vikkas, looks like a snake to me, one only needs to be alert when it raises its hood 🙂
[12:48]   Tejpreet : @rm 🙂
[12:51]   Shai : BNF sl hit
[12:52]   Shai : looks like a vwap swipe that move in BNF
[12:53]   Shai : can’t abandon the long view still in BNF till abv 19040
[12:53]   RK : Shai those 12650 and 2650 aren’t fresh sellers at lows?
[12:56]   Shai : Looks like stops of longs RK
[12:57]   Shai : @ Vikkas that vol will work excellent on normal days when you have a trading range and mkt is at vwap bands
[12:57]   RK : fine
[12:57]   Vikkas C : thanx RM and Shai 🙂
[12:58]   Shai : Varun has prompted for that vol pane and he is currently trading a setup based on that
[12:58]   Vikkas C : gr8 🙂
[12:59]   r m : @Shai, that volume expansion is huge in options
[12:59]   Vikkas C : is NF a buy here
[12:59]   Shai : yes
[12:59]   Vikkas C : thanx
[13:00]   Shai : Buy NF again at 8630 sl of 8612 tgt 8647/ 8660
[13:05]   RK : Shai flat VWAP reduces chances of breakout?
[13:10]   Shai : yes
[13:11]   Tejpreet : Shai how about anticipatory short now 8600 put at 88 with sl at 8650F.
[13:12]   Shai : sl of 8664 better
[13:12]   Shai : Yes RK but feel one attmpt at 8660 may still come
[13:13]   Tejpreet : ok 50% now and rest around 8650 sl 8664.Thanks.
[13:14]   RK : fine Shai..as long as thursday lows are taken down am in for whatever upside tgts you have given 🙂
[13:14]   RK : *lows are not taken
[13:17]   Shai : 8533 spot VAL weekly – 8595 vah weekly
[13:18]   Shai : may run at that old supply at 8664 spot which is crucial in thsi week for the “easier” move
[13:18]   RK : fine..
[13:24]   Vikkas C : shai so now that the blue band is rising from the bottom does that mean the volume is rising
[13:26]   Shai : yes
[13:26]   Vikkas C : ok gr8 thanx
[13:27]   Shai : at vwap bands if a high volume bar is there and next delta candle is green we can fade the move back to vwap with only a 8- 10 point stop
[13:28]   Vikkas C : hmm..ok
[13:28]   Suyash : move back to vwap or dVAH ?
[13:28]   Vikkas C : good buying ard vwap happening since a few candles
[13:28]   Suyash : oh vwap bands you said
[13:28]   Suyash : my bad
[13:30]   Shai : actually it works better to go for a reverse trade when volume spikes and delta leads
[13:31]   Vikkas C : shai wud appreciate if u cud show a few images if u have from the past ..
[13:33]   Shai : ok will post some from recent behavior
[13:33]   Vikkas C : thanx shai
[13:33]   Vikkas C : soo many sellers
[13:33]   Shai : the author is Varun – he has been working on the trade from the concept- best of to use his experience
[13:34]   Manoj : sl hit
[13:34]   Shai : NF sl
[13:35]   Tejpreet : 8600 put gives 10 points from 88.
[13:37]   r m : good one Tejpreet
[13:38]   Tejpreet : 🙂 Thanks.
[13:40]   Shai : NF can do 8585 here
[13:41]   Shai : selles have broken vwap and taking it the other way
[13:41]   Shailesh : Shai can buy @8585?
[13:41]   Shai : BNF gets weaker below 19040
[13:41]   Shai : Shailesh buy has to be at close
[13:42]   Porus : Shai, break of 8585 can go to 8533 today?
[13:42]   Shailesh : ok
[13:43]   Shai : Not today Porus vols are not there for that move today
[13:44]   Porus : Shai, what sl to use for sell below 8605?
[13:46]   Shai : 8621
[13:59]   VR : Shai view on the close pl
[13:59]   Shai : looks like the close now is at vwap
[14:01]   VR : thanks
[14:04]   Shai : locals still- will OTF enter before close?
[14:04]   Shai : vol is 48 L with 1.5 hours to go
[14:05]   Shai : will be another 65 L day by close if volumes do not ncrease
[14:06]   RK : too much of compression last couple of months for most of the trading days..trending moves happens only a few days than normal..
[14:21]   Kiran : Any chance of going to poor high BNF ?
[14:21]   Shailesh : OTF shud appear here to take nf to higher levels
[14:28]   Shailesh : Shai if you can zoom out foot print chart a bit..thnks
[14:38]   Shai : Should repair it Kiran
[14:45]   Tejpreet : (13:41) Shai :Shailesh buy has to be at close. Shai should we get back into 8600 call around 100.
[14:47]   Shai : yes about 95 would be a good buy with stops below 85
[14:47]   Shai : stops for tom trade
[14:47]   Tejpreet : Yes for tomorrow..thanks Shai.
[14:59]   Manthan : Todays Spot BN high is 19071, as per Weekly plan@shai
[15:03]   Shai : yes it has been showing the stopiing vols from last week
[15:03]   Shai : that 8585 move is here
[15:04]   Shai : 19040 stll a supp in BNF
[15:04]   Tejpreet : Buy 19200 call around 19040 or wait for tmrw open
[15:05]   Shai : buy in last 10 mins
[15:06]   Tejpreet : OK.
[15:07]   Shai : see the vol spike now
[15:08]   Shai : waiting for delta conf
[15:08]   Gaurav : Same with Nifty calls . Let us know if can buy in last 10 mins
[15:08]   Kiran : shai BNF where i svWAP band now , ?
[15:08]   Vikkas C : yeah was looking at it 🙂
[15:08]   Porus : shai, looks lke 8535 today
[15:08]   Vikkas C : what happened
[15:08]   Shailesh : wht jst hapnd
[15:09]   Shailesh : wht jst hapned
[15:09]   Shai : oops
[15:09]   Augustin : oooooops
[15:09]   Vikkas C : WTF
[15:09]   Augustin : takes seconds to undo all good work 🙂
[15:09]   Shai : buyers
[15:09]   Sandeep : bear attack 🙂
[15:09]   Vikkas C : shud we buy
[15:10]   Shai : wait
[15:10]   John : Shai : locals still- will OTF enter before close?
[15:10]   Shai : yes heaviest vol of th day
[15:11]   Shai : looked settled abv 8580
[15:11]   Vikkas C : basket selling
[15:11]   Manoj : 2IB but on dwn 🙁
[15:11]   Shailesh : 100 points i jst a few seconds
[15:12]   Vikkas C : this is crazy
[15:12]   Shai : Buy NF now abv 8536 with sl of 8515 for 8560
[15:12]   Shai : only abv 8536
[15:12]   r m : not much time left npw?
[15:12]   r m : *now
[15:12]   Shai : can carry for tom also if abv 8536 at close
[15:13]   r m : Thanks
[15:13]   Porus : same levels for 8600 ce?
[15:13]   Shai : we just swept the weekly value in one candle
[15:13]   Shai : yes abv 8536 only
[15:14]   Vikkas C : 30 mins candle high is 8619 and low is 8503 a drop of 116 points
[15:14]   Vikkas C : what triggered such a fall
[15:16]   Shai : it will go down as a spike
[15:16]   Vikkas C : so now till the low is not broken it can again go back to 8619
[15:17]   Shai : positive delta
[15:17]   Ashish : buy triggered
[15:20]   Vikkas C : shai can we pls change the 5 mins chart to numbers
[15:22]   Vikkas C : bnf inside IB
[15:23]   Varun : Whats dpoc @sha
[15:23]   Shai : Hold NF for tom – remove sl from system
[15:23]   r m : 8511 Varun
[15:24]   Varun : ok thanks
[15:24]   Shai : enoough buyers at the lows to keep us in the longs till open tom
[15:24]   Shai : sl will be spike lows and tgts of 8585
[15:26]   Shai : 8585 being scene of the crime
[15:29]   Gaurav : Bought some calls
[15:29]   Shai : vol shot up
[15:30]   Shai : last 45 mins did the entire mkt vol from 9.15 to 2.45
[15:30]   Shai : Bye all
[15:30]   Manoj : bye
[15:30]   Shai : Have a nice evening
[15:30]   John : Bye all
[15:30]   Ashish : Thanks and bye all
[15:30]   Shailesh : bye all
[15:30]   Srini A : Bye All
[15:30]   Tejpreet : Bye All
[15:31]   Porus : bye all
[15:31]   r m : Thanks and bye folks, have a great evening! Anybody wants some rains just let me know, we got excess 🙂
[15:31]   Moses : Bye all
[15:31]   Augustin : Bye all
[15:33]   Venkatesan : bye shai , rm and frends

Room Name: Vtrender
Date and Time: August 10, 2015 09:10:17[09:20]   Tejpreet : Shai can you look at RECLTD looks like a nice open drive with good volumes.
[09:21]   Vikkas C : als pls have a looks at hcltech
[09:27]   Gaurav : How does Apollo tyre and Rcom look Shai?
[09:31]   Shai : rec in value of last 2 weeks – tgt is 278 for this open but look to see whehre it sustains and closes abv 278.5
[09:34]   Tejpreet : Thanks Shai.
[09:39]   Shai : hcl tech 938 supp on intra, res may come near 951- safe abv 951
[09:39]   Vikkas C : thanx shai
[09:39]   Shai : apollo good abv 214.5 on intra
[09:39]   Shai : not much happening at this price
[09:40]   Vikkas C : apollo tyres result tomo
[09:42]   Gaurav : Thanks SHai
[09:42]   Shai : rcom may be lcked 75.5 and 70.5 range, intra day wekness below 73
[09:43]   Gaurav : Thank You
[09:44]   Rahul G : shai can you give your views on hindpetro
[09:53]   Shai : hind petro huge res at 999. will get supp at 952 on intra dips but weak if it closes below 950
[09:55]   Rahul G : thanks
[09:55]   Naveen : Shai maruti intra views please
[10:09]   Gaurav : What a move in IGL
[10:11]   Shai : maruti drive up intra day- 4465 now supp but positional res at 4505
[10:12]   Shai : positional close abv 4505 very good for stock
[10:18]   Shailesh : green turned purple…
[10:29]   Gaurav : RIL looking good positional Shai?
[10:36]   Shai : RIL may be building a base and has 978 as a good supp but momentum comes only on cross and close abv 990 today
[10:36]   Tejpreet : Shai views on Sunpharma for positional play …results due tmrw.
[10:38]   Gaurav : Thanks Shai
[10:44]   Soumya : Shai can you check RECfor long trade positional?
[10:44]   Shai : sunphama weak today below 851 and can tgt 820
[10:45]   Soumya : NSE: RECLTD
[10:45]   Shai : positional weakness if 820 breaks this week but strngth abv 855 continues the trend
[10:47]   Shai : rec good abv weekly value low of 265 but sellers at 281 are resisting
[10:48]   Shai : cross of 281 should give new momentum for 300/ 307
[10:51]   Tejpreet : Thanks Shai …especially for update on REC .
[10:51]   Shai : pleasure 🙂
[11:01]   Soumya : thank you brother !!
[11:16]   Vikkas C : shai view on HUL for long ?
[11:18]   Shai : hul good abv 906 only intra- currently in between last week’s val and poc 899- 906 no edge
[11:23]   Vikkas C : ok thanx shai
[11:24]   Porus : Shai,can you check chart of Competent Ato (BSE:COMPEAU). How far can it fall?
[11:26]   r m : @Porus, I think Shai gets only NSE data
[11:26]   Porus : ok. Cant find his one on NSE.
[11:28]   r m : i think it is not listed there
[11:31]   Shai : Yes Porus some limitations are there on symbols, only NSE for now
[11:33]   Porus : OK, no problem. Fundamentally looks good for LT investment. But has run up a lot and am looking for a lower price.
[12:21]   Soumya : Shai bro I am stuck in this NSE: MRPL falling even after fantastic numbers – can you please check once
[12:21]   Soumya : My price is 72-73 should i wait for a jump or sell – if hold what can be a good stop loss
[12:26]   Shai : MRPL upmove on vols and now looks like profit booking
[12:26]   Shai : is weak if closes below 78 today
[12:26]   Shai : suggest take profits and review it abv 78 and 80 after a few sessions
[12:27]   Soumya : ok brother
[12:27]   Shai : or may come to 70
[12:27]   Soumya : thank you
[12:32]   Vikkas C : shai can i short M&M postional from here ?
[12:32]   Vikkas C : for 1325 types ?
[12:35]   Gaurav : Hexaware looks good for an upmove to 294-96 Shai?
[12:54]   Shai : Yes MM gettng weak
[12:54]   Shai : can do 1337
[12:54]   Shai : 1331- 1334 is a positional supp in MM4
[12:56]   Shai : yes hexaware good move today can do 294
[12:56]   Gaurav : Thanks Shai!
[14:51]   Tejpreet : WOCKPHARMA super move post results , good volumes.
[14:54]   Tejpreet : Tempted to play 900 sunpharma call 8.5 ..after all it is pharma sector .Anyone else tracking sunpharma?
[14:57]   Vikkas C : “(12:54) Shai :Yes MM gettng weak(12:54) Shai :can do 1337(12:54) Shai :1331- 1334 is a positional supp in MM
[14:58]   Vikkas C : shai wud be the SL for this to play out ?
[14:58]   Vikkas C : 1385
[14:59]   Vikkas C : sorry 1395
[14:59]   Sandeep : shai views on reliance
[15:00]   Shai : MM 1406 sl
[15:00]   Vikkas C : thanx shai
[15:02]   Shai : prefer to buy strangth in RIL abv 990 than here
[15:03]   Gaurav : Can carry Hexaware for trrow Shai?
[15:07]   Shai : yes can hol
[15:07]   Gaurav : Thanks !