OrderFlow charts and Notes 11/03/15

[08:55]   r m : Good Morning folks!
[08:55]   r m : http://vtrender.com/levels-and-plan-for-11th-march/
[08:55]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1003/
[08:55]   r m : http://vtrender.com/volume-at-price-1003/
[08:55]   Kathir : GM RM SIR 🙂
[08:56]   r m : Hi Kathir Sir 🙂
[08:57]   r m : Nifty MAR Future levels KRA 8712 Hypo1 below 8712➜8675-72➜8616 SL 8745 Hypo2 above 8778➜8815➜8860 SL 8743
[08:57]   r m : Banknifty MAR Future levels KRA 19122 Hypo2 below 19122➜19001➜18904➜18778 SL 19240 Hypo1 above 19240➜19372➜19482 SL 19126
[08:59]   Porus : GM all
[09:00]   Shai : GM all
[09:01]   Sharad : GM all
[09:04]   Kathir : GM Shai
[09:06]   Sachith : GM all
[09:07]   RK : GM Shai,RM and friends..
[09:08]   Kathir : Hi RK Sharad
[09:08]   r m : Hi RK 🙂
[09:08]   Sharad : Hi kathir
[09:09]   RK : Hi Kathir 🙂
[09:12]   r m : SGX Nifty down and NSE Nifty up!
[09:14]   Kris : Good Morning All 🙂
[09:15]   Kathir : gm kris
[09:15]   r m : Hi Kris 🙂
[09:16]   Kris : GM Kathir, RM 🙂
[09:18]   Shai : 19240 red level in BNF
[09:18]   Shai : 8775 in NF
[09:19]   Shai : oe visit to the lows is pending of yesterday as long as these levels hold for bears
[09:19]   Shai : one*
[09:19]   Tejpreet : GM all.
[09:24]   Kathir : @shai go long in bnf hypo levels?
[09:25]   Amit J : rav your comment on century in option. getting big buy call
[09:29]   Amit J : buy wockardth intraday
[09:30]   Shai : Yes Kathir
[09:30]   Shai : BNF now looks good abv 19220
[09:30]   Kathir : ok
[09:34]   Rav : above 560 sc .support at 551
[09:34]   Amit J : thanks
[09:39]   Shai : Keep sl at 19175 for long BNF trdae
[09:40]   RK : premium 54 yday and 35 nowNF
[09:44]   Rav : Shai…. Great…This is what I wanted in right side of Chart
[09:49]   Shai : 🙂
[09:50]   Shai : Yes that prmium moved a lot yesterday
[09:50]   Shai : yesterday buyers still keeping it up : NF needs to rise abv 8776 and 19240 to confirm
[09:50]   Shai : intra day
[09:51]   Shai : For the poistionals it is still the broken 8754 abd 19204 closing basis
[10:03]   Rav : wipro…667
[10:03]   Kathir : yes rav 🙂
[10:04]   Kathir : @rav will it touch 688 today posible?
[10:04]   Amit J : superb strength in century. i am all out long
[10:06]   Rav : 672 688 T1 T2
[10:06]   Shai : 567 obj
[10:06]   Shai : abv that dash to 586 within the week
[10:06]   Kathir : @rav ok thanks
[10:06]   Rav : Hold on till expiry as yours is ce
[10:07]   Kathir : ok
[10:09]   Shai : NF wanting to cut loose
[10:10]   Kathir : @amit century firing
[10:10]   Tejpreet : Thanks Amit Century booked now ..great call
[10:12]   Amit J : dont book
[10:12]   Shai : vol spike 585 easy
[10:12]   Shai : cash
[10:13]   Tejpreet : Amit I am pure ID player 15 points 3 lot is good enough for me.
[10:13]   Amit J : convert profit into calls
[10:16]   Rav : cent still sc .T is set at 580 600
[10:17]   Shai : NF can do 8804
[10:17]   Rav : apple watch 17000 usd rocks nasdaq. IT rocks here
[10:17]   Shai : sl of 8762
[10:18]   Shai : buy abv IBH is better or abv 8782
[10:18]   Rav : wipro 673
[10:18]   Kathir : 🙂
[10:18]   Tejpreet : Rav read somewhere that watch is gonna be a big time failure.
[10:20]   Rav : swiz watch companies are under threat.apple wlays have brick,bending,failure rumous before launch
[10:22]   Tejpreet : true …let us wait n watch 🙂
[10:23]   RK : Shai Tatasteel slowly came down and showing no signs of recovery..I think its trading at year low..any sign form volumes?
[10:25]   Amit J : manmohan summons
[10:25]   RK : *from
[10:25]   Amit J : Coal Scam: Former Prime Minister Manmohan Singh Summoned as Accused in Hindalco Case
[10:26]   Amit J : hedge long
[10:27]   Shai : oops
[10:39]   Amit J : dont see major isssue on this case. it should be a non event
[10:40]   Kathir : @amit hold century or exit now?
[10:40]   Kathir : has ce
[10:40]   r m : bigger issue is oppostion referring various bills to rajyasabha select committees, that will delay calling the joint session
[10:48]   Rav : rm…only after becoming afraid of TV news and its false rumours, we came here.
[10:48]   Tejpreet : Rav pcr of .4 means 4 puts to 10 calls ….so is it bullish or bearish ….as those 10 calls could be buyer or seller….
[10:49]   Rav : bearis. but sc will make bullish. it should be interpreted with various parameters
[10:49]   Rav : wipro 677
[10:49]   Rav : heading towards 688+
[10:50]   Kathir : holding still
[10:50]   Kathir : @amit century hold ?
[10:51]   Tejpreet : Ok so if pcr is bearish and atm calls are showing short covering then stock price will move up.
[10:56]   Shai : Potental failed auction set up in NF
[10:56]   r m : @Rav, I think last month you suggested that Wipro is grossly underpriced and could be rerated, still holding that view?
[10:57]   Shai : NF buy abv 8764 for 8782/ 8802 sl of 8743
[10:57]   Kathir : @shai views on icici bank long frme here
[10:57]   Rav : kathir..hold cent tex with sl of 572 in future
[10:58]   Shai : BNF buy abv 19135 for 19190/ 19240 sl of 19095
[10:58]   Amit J : icici can be bought.
[10:59]   Kathir : ok amit i want SL if so
[10:59]   Shai : shorts are coming out of century- OI chart shows a big drop
[10:59]   Rav : icici SBU stock
[11:00]   Rav : yes 572 broken
[11:00]   Kathir : @rav thanks
[11:01]   Shai : that vol spike to 565 just before 10 could be buyers however
[11:08]   RK : anybody has 20 day or 30 day cash volume data for all F&O stocks..need the same for screening purpose?
[11:09]   RK : RM any resource? I searched everywhere?
[11:09]   RK : if anybody is subscribed to FnO site, they may have!
[11:10]   Shai : myfno.com?
[11:10]   RK : Yes Shai
[11:10]   Shai : I had a subscription but I just discontinued last month
[11:10]   RK : I think they have it..
[11:10]   RK : 🙂
[11:10]   RK : worth to subscribe Shai?
[11:11]   Shai : t’s not under their free resource?
[11:11]   Tejpreet : Can try taderscockpit
[11:11]   RK : No Shai..they are not offering this data under free registration..I tried
[11:11]   RK : Tejpreet I tried that site too
[11:11]   Shai : I had actually subscribed only for their portfolio manager but that was getting erratic so took a break
[11:12]   r m : @RK, I have cash volumes for nifty50 stocks but not all fno stocks
[11:12]   Rav : RK…have AFL for hi vol candle.it is easy to find out where and when the vol was high and at what price
[11:12]   RK : Basically I need to have the list of stocks which have average >100 cr volume on 20 days basis
[11:12]   Tejpreet : Can try chartalert.com
[11:12]   Amit J : shai failed auction possible?
[11:12]   RK : Rav I need to know the avg 20 day volume and not high volume on particular price/day
[11:12]   r m : that is easy and non NIFTY stocks unlikely to have such large average volumes
[11:13]   RK : Tejpreet I dont think chartalert has it..anyway will try it..thanks
[11:14]   Shai : No Amit
[11:14]   Shai : came under IB again
[11:14]   Sharad : RK have futures data of all scripts intraday also… and can check price and volume of any time frame
[11:15]   RK : Sharad need Cash volumes which I think project right view rather than Fno volumes
[11:15]   Sharad : i ahve only futures data sorry
[11:17]   r m : @RK, then you don’t need intraday data? Average daily volume alert can be created on daily data as well?
[11:17]   RK : I have got one excel with VBA file which produce 5 day volume if we enter last 5 dates..dont know how too tweak it to convert into show 20day volumes:)
[11:17]   RK : thanks Sharad
[11:18]   RK : RM I don’t get you..where to set an alert?
[11:18]   RK : Yes I need EOD volume only
[11:18]   r m : on amibroke, you can screen the stocks every weekend for next week list 🙂
[11:19]   RK : RM you know that am not into ami..only MT4 and NT (thanks to you)..now you want me to try Ami also..will do it:)
[11:20]   r m : @RK, you need not go into ami, it can be done in excel too, if you are maintaining eod bhavcopies
[11:21]   r m : you need a container to hold all eod data, charting softwares are just that container
[11:21]   RK : Yes I do maintain bhavcopies
[11:23]   Kathir : @rav wipro coming down 665
[11:24]   Kathir : oops low broken wipro
[11:24]   Sachith : reliance short ? shai view
[11:24]   Rav : do not bother.;ow liquidity counter
[11:26]   Kathir : ok
[11:28]   Rav : it is part of sensex too. they will push it if they want to bring down sensex
[11:29]   Kathir : oh ok
[11:33]   RK : Shai, can you pls review this one?(10:23) RK :Shai Tatasteel slowly came down and showing no signs of recovery..I think its trading at year low..any sign form volumes?
[11:34]   r m : it is at 52 week low
[11:34]   RK : yes RM 52 week low
[11:47]   Shai : tata steel go with a small intra day long with 324 sl
[11:47]   Shai : if price crosses 334 then low is secure
[11:47]   Shai : else may drop down
[11:48]   Shai : price has met a weekly supp at 325 , but still to confirm that it wants to reverse
[11:49]   RK : Shai actually in short from 350..want to keep a better SL..thanks above input helps
[11:51]   r m : @RK, so 16 points locked in no, congrats!
[11:51]   r m : *now
[11:52]   RK : Yes RM..originally long at 355 and reversed to short from 350 so only 11 locked 🙂
[11:52]   Kathir : @rm now you need to book tickets to TN also 🙂
[11:52]   r m : 🙂
[11:53]   r m : @Kathir, yeah, I like roaming around 🙂
[11:53]   Kathir : 🙂
[11:54]   RK : but RM these are only rosy pictures..there are some dark side with Relcap, tata motors and HUL..have to travel with them for some time to get a break even 🙂
[11:54]   Kathir : @rk hul you were long right?
[11:55]   r m : @RK, we can be like ostrich when seeing dark side, that helps 😀
[11:56]   RK : Kathir long in the last trade but had some whips last week..almost at breakeven now..
[11:56]   r m : both buyers and sellers present like yesteday
[11:56]   Kathir : RK ok
[11:57]   RK : now holding shorts in LT,Tatasteel,Tatamotors,Relcap,BNF and long in HCL
[11:57]   RK : HUL also long
[11:59]   RK : BNf short entered at close after that Spike with SL of 19280 F and today morning allowed some 20 points buffer for SL..don’t know if that high stays there:)
[12:02]   Rav : bn 19000pe oi increasing-bullish
[12:06]   Sachith : shai… infy can become buy intraday view
[12:10]   Rav : airtel to have one more freeze…it seems
[12:10]   Shai : infy showing signs of going up
[12:11]   Shai : intra day the objective at 2237 has been met and new buying only abv that
[12:12]   Sachith : ok… thnx
[12:12]   Shai : keep trigger at 2208 for a buy with 2190 as sl
[12:12]   Shai : cash prices
[12:12]   Shai : abv 2237 can do 2267/ 2290 positional
[12:12]   Shai : 1-3 sessions
[12:14]   Rav : bought 19500ce at 205
[12:20]   Kathir : @RAV any SL and trgt for this ce?
[12:23]   Rav : 18900 spot is sl
[12:23]   Kathir : ok you are looking for a big move up?
[12:24]   Rav : airtel 381
[12:25]   Rav : 19500 sc
[12:25]   Kathir : ok thanks
[12:29]   Shai : RK exit the BNF short trade or hedge with an ICICI bank 340 ce
[12:30]   RK : Shai booked at 19156
[12:30]   Shai : cool
[12:30]   Shai : vwap has new buying
[12:30]   Shai : icici looking good
[12:31]   Shai : 19290 now reversal price for bnf
[12:31]   Shai : 1ST tgt FA of 19395 and then 19492
[12:34]   Amit J : century
[12:35]   Amit J : i converted profit into calls
[12:35]   Kathir : congrats amit
[12:36]   Rav : t 580 584 still sc
[12:41]   RK : Shai still expecting quick move above 8772 or 8782?
[12:42]   Shai : yes
[12:42]   Shai : short cvering possible
[12:42]   Rav : max pain now shifted from 19000 to 19300
[12:42]   RK : thanks..
[12:45]   RK : 19135 to 19240 round trip
[12:53]   r m : @RK, what prompted you to short at 19240?
[12:53]   r m : I mean fp did not suggest aggressive sellers getting in
[12:55]   RK : RM this image http://vtrender.com/volume-at-price-1003/#more-25746
[12:55]   RK : 19280 seller from yday held the movement in the morning..
[12:56]   r m : ok, so your shorts at 240 had stop above 280?
[12:56]   RK : so with SL above Day high offered better risk reward there..and Shai’s today morning buy target ends at 240 today 🙂
[12:57]   RK : Yes I kept it at 291 – day high
[12:57]   r m : Thanks, good thinking 🙂
[12:57]   r m : that other buy above 8778 is sending back NF the same way
[12:58]   RK : yes..but today BNF moves are seems pretty favorable than NG
[12:58]   RK : NF
[13:00]   Sachith : shai, BoB below 178 good short?
[13:03]   RK : VWAP is held for some time in both
[13:04]   Shai : BoB 174 looks achieveable
[13:04]   Shai : but intra dayer don’t short here but below 175.8 now
[13:04]   Shai : cash
[13:08]   Sachith : ok
[13:11]   Tejpreet : Time for roller coaster as europe opens and ECB Draghi speaks.
[13:47]   Kathir : @RM now its clear RK is the one who is sitting at 19240 bnf and not allowing to go up 🙂
[13:48]   r m : yeah, rock solid, what is RK’s weight? 😀
[13:48]   RK : Kathir I shifted to NF long 🙂
[13:48]   Kathir : RM the one option for us is to brin lanak to break this barrier
[13:48]   r m : wow! that is why it went up like a rocket!
[13:48]   Shai : 8782 cross will make a neutral extreme case
[13:49]   Kathir : see the impact of rk
[13:49]   RK : No RM I joined it when it gone up 🙂
[13:49]   Shai : 19290 in BNF
[13:49]   Shai : see an immediate 100 point in BNf
[13:49]   r m : 🙂
[13:51]   Kathir : @rk you went long when it crossed 72?
[13:51]   r m : (*** Private to RK ) please come on pm when you get time
[13:52]   Kathir : @rm europe up?
[13:53]   RK : Yes Kathir..as the move was backed up by volumes
[13:53]   Kathir : ok
[13:54]   Shai : lots of buyers
[13:55]   Vishal : europe is up
[13:55]   Vishal : dax near to ATH
[13:55]   Kathir : ok vishal
[13:56]   r m : @Shai, for this buy above 8782 stop will be vwap?
[14:00]   Shai : yes
[14:00]   r m : Thanks
[14:01]   Shai : IBH triggered and buyers from vwap
[14:01]   Vishal : dax hits ATH
[14:03]   Kathir : @rm what about FII’s yesterday
[14:03]   r m : they were short
[14:03]   Kathir : ok thanks
[14:06]   Shai : spot high is 8747-
[14:06]   Shai : we are comfy with longs abv 8754
[14:08]   Amit J : govt mostly got consensus on bills. if my reading correct than its a big positive
[14:09]   Rav : 19000-18000pe oi and 68 lacs oi of 8700-8000pe matters most
[14:10]   Kathir : @rav means down trend?
[14:11]   Shai : odds higher of a squeeze now upwards
[14:11]   Rav : bullish
[14:11]   Kathir : ok
[14:11]   Shai : getting a lot of blue here which is a signs that shorts from yesterday/ day before are covering
[14:11]   Shai : price has to move abv IH though
[14:11]   Shai : IBH*
[14:14]   Rav : sbi axis icici hdfc LBU
[14:15]   Kathir : icici was sbu morning right?
[14:17]   Rav : yes
[14:17]   Rav : now again sbu
[14:18]   Kathir : sbu? now
[14:20]   Rav : lbu
[14:20]   Kathir : ok 🙂
[14:21]   Shai : 8802 – hold with sl at IBH now
[14:22]   Shai : neutral extreme setup valid only abv IBH
[14:22]   Shai : we will go straight to day low if vwap breaks today
[14:25]   Shai : BNF new longs abv 19295 tgt 19394
[14:25]   Shai : sl again IBH
[14:28]   Shai : NF at vwap band
[14:28]   Shai : Looks like upmove will come in 10 point jumps
[14:29]   Shai : messsy
[14:29]   Shai : keep stops in system
[14:33]   Shai : exit BNF longs
[14:38]   Shai : 8774 last point for the bull to defend
[14:40]   Shai : at day high the premium had stretched to 55 points
[14:40]   Shai : bull will take a close at vwap
[14:40]   Shai : but sellers look stronger
[14:48]   Shai : NF is an aggressive short trade here for next 30 mins tgting 8745 again with sl if 8789
[14:53]   Porus : Draghi- “Unconstrained monetary policy is key”
[14:55]   r m : these guys use to lecture US when Ben did the same 😀
[14:55]   r m : *used
[14:56]   Shai : BNF & NF will be inside
[14:58]   r m : @Amit, your unitech went thru the roof!
[14:59]   Amit J : yes i am loving it
[14:59]   r m : 🙂
[14:59]   Kathir : amits’s lover 🙂
[14:59]   r m : the other way round 🙂
[14:59]   Amit J : shai trending day for century?
[15:00]   Shai : yes
[15:00]   Shai : 578 done would have preferred 586
[15:01]   Shai : Has to move abv 586 now tom/ day after on even strong vols
[15:01]   Shai : then 615 next
[15:03]   Kathir : where is the vwap for bnf?
[15:03]   Shai : 19167
[15:03]   Shai : NF getting more sellers
[15:03]   r m : 19182 approx
[15:03]   Shai : that 8743 trade still there
[15:03]   Kathir : @Shai shall we buy some pe if bnf closes below vwap
[15:03]   r m : oops
[15:04]   Shai : BNF to do 19100
[15:05]   Shai : Kathir can
[15:05]   Kathir : ok thanks
[15:08]   Kathir : @rav hold wipro
[15:10]   Rav : ye. airtel to see freeze once more
[15:10]   Shai : One more trip down to 8717 tomorrow in F
[15:11]   r m : airtel 52 week high is 420 🙂
[15:11]   Kathir : nice number
[15:11]   Shai : we are closing neutral center
[15:11]   Shai : best day to trade will be tomroww
[15:12]   r m : yeah, very suggestive Kathir 🙂
[15:12]   Shai : don’t miss – could be a directional high conviction day
[15:12]   Kathir : 🙂
[15:12]   Shai : open either side
[15:12]   Shai : but 65 :35 favors down
[15:12]   r m : Thanks Shai for advance warning
[15:12]   Kathir : yeah thanks
[15:12]   Shai : trend day expecting
[15:13]   Shai : 150 one way in NF will be good
[15:13]   r m : 2 back to back neutral days
[15:13]   Shai : yes
[15:16]   Shai : 30 min trade : (14:48) Shai :NF is an aggressive short trade here for next 30 mins tgting 8745 again with sl if 8789
[15:16]   r m : yesterday and today’s composite will be a nice D shaped profile in both
[15:16]   Kathir : wonderfull shai
[15:17]   Rav : d menas SBU rm
[15:18]   r m : ok Rav
[15:20]   Shai : yes RM
[15:21]   Shai : but an Open drive can go anywhere in 1st 15 mins
[15:21]   Shai : baset to be neutral
[15:21]   r m : ok
[15:21]   Shai : best*
[15:23]   r m : wipro back to square A!
[15:24]   RK : even HCL..had a good breakout but came off
[15:24]   Kathir : yeah those who missed gets a chance now
[15:25]   Kathir : but icici not down much in this bnf fall from 300
[15:26]   Kris : Thanks all – Have a Good Evening! Bye.
[15:27]   r m : @Kris, Hi and Bye 🙂
[15:27]   Kathir : @kris i thought absent today 🙂
[15:27]   Kathir : RM is right HI and Bye 🙂
[15:27]   Kris : 🙂
[15:27]   Kris : I was here – and wished all the morning na!
[15:28]   r m : @Kathir, Kris was keeping a watchful eye 🙂
[15:28]   Kathir : we expect you to be like modi not like MM ge
[15:28]   r m : lol
[15:28]   Kris : @Kathir 🙂
[15:29]   Kathir : Thanks and bye all 🙂
[15:29]   Kathir : oh thought markt over
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   r m : now over!
[15:30]   Kathir : yeah 🙂 now bye all
[15:30]   Shai : Bye all
[15:30]   Kris : @Kathir – when Rm says it, correct the watch to 3.30 🙂
[15:30]   Porus : bye all
[15:30]   Tejpreet : Bye all
[15:30]   Shai : Have a nice eveing
[15:30]   RK : thanks and bye all
[15:31]   Amit J : icici news came in end thats why