OrderFlow charts and Notes 14/11

[08:56]   r m : Good Morning folks!
[08:56]   r m : http://vtrender.com/levels-and-plan-for-14th-nov/
[08:56]   Porus : GM all
[08:58]   r m : NF Hypo1 Above 8399➜8416➜8431 SL below 8371 Hypo2 Below 8370➜8335➜8312
[08:58]   r m : BNF Hypo1 Below17548➜15470-465➜17300 SL17634 Hypo2 Above17635➜17730 SL17540 NOV Fut levels
[08:58]   Sharad : GM all
[09:05]   r m : BNF Hypo1 Below 17548➜17470-465➜17300 SL 17634 Hypo2 Above 17635➜17730 SL17540
[09:13]   r m : Tweet from V2OF – V2OF @V2OFA problem at the Omnovia servers is preventing the room from being launched. Please stand by for an update while they are fixing the issue
[09:17]   Chiranthan : any website where I can check banknifty spot price?
[09:19]   r m : you don’t get it on your trading platform?
[09:20]   Chiranthan : It shows only futures price
[09:20]   r m : which software?
[09:20]   Chiranthan : nest
[09:21]   r m : CTRL + I will launch the index value bar
[09:21]   r m : you have to configure that to include indices of your choice
[09:21]   Chiranthan : let me try
[09:23]   r m : right click on index value bar ➜Click on Show indices dialgoue➜right click on selected scrip➜click on Add to Dlgbar
[09:24]   Chiranthan : got it. thanks
[09:24]   r m : welcome
[09:25]   r m : BNF went on the hypo1 path immediately at open, no time to enter the trade
[09:28]   Sumit : gm everyone
[09:30]   r m : Hi Sumit
[09:31]   Sumit : hi rm
[09:32]   r m : BNF got buyers near 17470
[09:32]   Amit J : google finance
[09:33]   r m : @Amit, is that real time?
[09:37]   Amit J : 15 seconds delayed
[09:37]   Anay : no charts today?
[09:38]   r m : yeah, some problems with Omnovia at Shai’ end
[09:38]   Amit J : glscharts.com/m/
[09:38]   Amit J : for real time
[09:41]   Shai : GM
[09:42]   r m : GM Shai
[09:42]   Shai : Apologies for the delay
[09:42]   Shai : Hopefully no more issues now
[09:45]   Shai : 17550- 17630 are bias points for today
[09:54]   Shai : http://vtrender.com/premium/orderflow-charts-and-notes-1311/
[09:57]   Shai : Auction is in value and in multi day range
[09:57]   Shai : For the swing spot has to decide abv 8380 or go below 8325
[10:01]   Sharad : Shai if 8380 crossed what is target ?
[10:02]   Shai : Spot prices are swing
[10:02]   Shai : 8380 spot cross opens up 8540- 8580
[10:03]   Shai : That view is good till 8325 spot holds on 30 min clsoing basis
[10:03]   Sharad : ohhh almost 200 +
[10:03]   Shai : It’s a weekly projected level and hence 10- 20 points intra moves can go here and there
[10:04]   Sharad : thats ok
[10:04]   Shai : hence 30 min clsoing basis
[10:04]   Sharad : ok good we are knocking door at 8380 spot
[10:05]   Sumit : call Daya to break this door 🙂
[10:05]   Shai : lol
[10:05]   Sharad : don’t worry we will become Daya to get 200 points
[10:05]   Sumit : good 🙂
[10:06]   Sumit : Shai, can you please mail me OF chart of yesterday. I am not able to trade much now a days
[10:07]   Sumit : for nf
[10:08]   Shai : sure
[10:08]   Shai : this chart on screen ?
[10:08]   Sumit : yes
[10:08]   Sumit : thanks
[10:15]   Shai : Sumit I’ll send it to you after the close- The image is not coming up as high res here
[10:16]   Sumit : no problem.
[10:16]   Sumit : for full day yesterday if possible
[10:17]   Shai : sure
[10:21]   Shai : Buyers coming in BNF
[10:22]   Shai : aggressive long in BNF can be taken at 17580-85 with sl of 17540 for 17664
[10:25]   Shai : wpi at 12 noon today
[10:25]   Shai : falling oil prices would mean that inflation is never a global concern
[10:26]   Shai : and Rajan gets his tragets easily
[10:28]   Shai : Crude OIL- 2014 chart : http://screencast.com/t/Azt1qeEm
[10:29]   Sharad : Shai can you give Brent crude chart ..profile want to know if oversold bounce come than where it can go till
[10:29]   Sharad : i mean oversold bounce target want to know
[10:29]   Sharad : 92 ?
[10:30]   Sharad : Brent not Nymex
[10:31]   Shai : Sharad I don’t keep data for commos now
[10:32]   Shai : brent was below 80 yesterday
[10:32]   Sharad : ohhhh ok no problems can you give bounce target fro Cairn …it is 52 week low
[10:33]   Shai : If you are looking for a technical connection for brent track usd
[10:33]   Shai : as long as it is up crude is down
[10:34]   Sharad : ya DXY is at major ressistance and pullback expected next week
[10:46]   Shai : be back in a min with charts
[10:58]   Shai : Charts up?
[10:58]   r m : yes
[10:59]   Shai : ok
[10:59]   Shai : Cairn is 261 holds can bounce to 274
[10:59]   Shai : further short covering only if 274 is crossed
[11:31]   Sumit : charts moving?
[11:33]   Shai : can some 1 confirm if charts are alright?
[11:33]   Shai : There are some issues at Omnovia since morning
[11:34]   Porus : Charts are not moving
[11:36]   Shai : ok
[11:39]   r m : back
[11:39]   Shai : ok
[11:48]   Chiranthan : chart frozen?
[11:49]   Sumit : yes
[11:51]   r m : working now
[11:55]   r m : (*** Private to Shai ) my net is going on and off so I could not get thru to you on pm, now your name not appearing on moderators panel, hence the msg here 🙂
[12:08]   Amit J : 1.77 inf
[12:08]   Amit J : superb nos
[12:11]   Shai : October WPI inflation at 1.77 pct y/y vs Reuters poll 2.20 pct; September WPI was 2.38 pct
[12:12]   Shai : bracket high at 8416 again in focus
[12:13]   Shai : Bulls have come back at 8300 and 8400 pe today- http://screencast.com/t/Rwu5SyZ32
[12:13]   Shai : It’s weird considering that the range has not moved
[12:15]   Porus : Shai, can you give ST levels for SAIL?
[12:16]   Shai : sure
[12:18]   Shai : sail res at 89
[12:18]   Shai : supp will come near 83
[12:18]   Porus : ok thanks
[12:24]   r m : selllers moving in now that inflation numbers are out of the way!
[12:33]   Porus : RM, what is the IBL for NF and BNF?
[12:34]   r m : 8368/17476
[12:41]   Shai : sbi volatility
[12:59]   Shai : (09:45) Shai :17550- 17630 are bias points for today
[12:59]   Shai : Nothing major happenning outside these 2
[13:05]   Shai : NF headed for a close at 8394
[13:05]   Shai : daly and weekly close
[13:23]   Shai : there was a query here on tata steel the other day
[13:24]   Shai : stcok now headed for 501
[13:24]   Shai : abv 504 can run non stop to 575
[13:25]   Shai : some positive news in the stcok
[13:30]   Amit J : import duty hike likely in steel which is positive for jsw sail and tisco
[13:42]   Rahul G : guys when is SBI result any idea
[13:47]   r m : NF again at vah
[13:48]   Narendra : sbi results r out
[13:50]   Shai : Amit broker informs of orders from orissa and Jk for ioron ore mines
[13:52]   Janak : shai bn short can give vwap?
[13:52]   Shai : yes
[13:52]   Shai : 17665 tight sl
[13:52]   Janak : ok
[13:53]   Janak : if nf has to close at 8394
[13:53]   Janak : it is a good short also?
[13:55]   Amit J : yes sail meintioned in concall
[13:57]   Sharad : yes short @ 17640
[14:02]   Janak : only a strong seller might give vwap as delta is favoring buyers?
[14:03]   Sharad : Janak Delta is multi day as per Shai… so may be buying for monday can be understood
[14:03]   Janak : oh
[14:04]   Janak : trying to get back into IB
[14:04]   Janak : if that happens – rm is the boos there 🙂
[14:04]   Sharad : yes Shai rekha and vwap @ 17597
[14:05]   Sharad : Lo pink has also come
[14:05]   Sharad : so now stop at cost
[14:07]   Janak : *boss*
[14:09]   Janak : gone
[14:09]   Sharad : ya
[14:10]   Sharad : temp blipp so shorted again @ 17638
[14:20]   Sharad : covered @ 601
[14:20]   Sharad : Shai rekha and vwap
[14:20]   Janak : vwap! shai is a genius
[14:21]   Sharad : yes….
[14:21]   r m : 🙂
[14:21]   Janak : good trade sharad
[14:22]   Janak : (13:05) Shai :NF headed for a close at 8394
[14:23]   Janak : based on that shorted at 8411
[14:23]   Janak : covered
[14:23]   Janak : at dpoc
[14:23]   r m : great!
[14:23]   Janak : yes shai the great ::
[14:24]   r m : 🙂
[14:24]   r m : 2:30 and ES going down
[14:25]   r m : only 5 points from the high though
[14:26]   Sharad : for us only
[14:26]   Sharad : it will come up after we close
[14:26]   r m : ok 🙂
[14:32]   Sharad : Shai can we buy 8400 CE here?
[14:37]   Sharad : ok bot 8400 CE @ 62
[14:37]   Shai : No Mrket is neutral mode
[14:37]   Shai : No bias
[14:37]   Shai : netter to stay neutral over the weekend
[14:37]   Sharad : i just bot… should sell
[14:37]   Sharad : ok will sell before close
[14:37]   Shai : that purchase is a lot better over bracket high of 8417
[14:38]   Sharad : sold @ 64
[14:38]   Shai : then8444 ad 8492 come quickly
[14:39]   Sharad : yes i bot for 8499 only
[14:40]   Sharad : will buy above 8417 then
[14:40]   Shai : today could close at 8395
[14:40]   Shai : next week is a new week
[14:41]   Sharad : two weekly doji
[14:41]   Sharad : so has to go above8448 to cancel sell call
[14:42]   Sharad : once we go above should sell hard as INR reache 61.85
[14:43]   Sharad : INR always advance to stock market
[14:43]   Porus : CNX IT has lost steam today.
[14:44]   Porus : Inspite of a stronger USD
[14:46]   Shai : Yes Sharad
[14:46]   Shai : Market did not do well for the bull by coming down below 8415 yesterday
[14:46]   Shai : Now it is stopping there on every rise
[14:47]   Sharad : true
[14:48]   Sharad : but from delta we can say that today some buying happened in both futures
[14:49]   r m : @Sharad, you made 5 points on that 8400CE 🙂
[14:52]   Sharad : 2
[14:52]   r m : ok
[14:52]   Sharad : spld at 64 na
[14:52]   Sharad : sold
[14:53]   Sharad : 61.88 crossed
[14:53]   Sharad : Shai now next ressistance for INT 62.50 ?
[14:53]   Sharad : INR
[14:55]   Shai : 62.25 and 62.62
[14:55]   Shai : abv 62.25 will be a quick move to 62.62
[14:55]   Sharad : 8394 close nearby
[14:56]   Sharad : ok thanks next week or in 15 days we should reach there
[14:57]   Shai : headed for a high close today
[14:58]   Shai : could get there easily if mon open is abv today
[14:58]   Sharad : good
[14:59]   Sharad : Shai Ranbaxy what is good support below 650
[14:59]   Sharad : its price projection is 800 + in 2-3 months
[15:00]   Sharad : future
[15:02]   Sharad : wow 8400 CE 70
[15:09]   Sharad : RM ES future came back at 2037-38
[15:09]   r m : yes!
[15:09]   Shai : ranbaxy data taking time to fill up
[15:09]   Shai : will update
[15:09]   r m : it was just trying to browbeat nifty 🙂
[15:10]   Sharad : no problem Shai tomorrow… not in hurry
[15:11]   Shai : NF
[15:12]   Sharad : Shai… CE ?
[15:12]   Chiranthan : vwap t the top for nf is for which day?
[15:12]   Chiranthan : at the top
[15:12]   Shai : it’s the 3 sd vwap
[15:13]   Chiranthan : ok
[15:19]   Shai : closing is a spike
[15:19]   Shai : I won’t recommend the ce for weekend hold
[15:19]   Shai : let’s take it on Mon at the open if abv
[15:19]   Shai : delat dropped from 240 to 150 in te alst 5 ponts
[15:20]   Sharad : will buy monday
[15:22]   r m : looks like spot closing above 8380 but average close might be lower
[15:27]   Sharad : can not see average….
[15:27]   Sharad : it is closing above 8380
[15:28]   r m : yes
[15:28]   Chiranthan : chart frozen
[15:30]   r m : sma is coming above 8388
[15:30]   Sharad : 8385 close spot
[15:30]   Sharad : which sma RM
[15:31]   r m : i calculated 30 minute sma of spot on nest
[15:31]   r m : although nse calculates weighted moving average
[15:31]   Shai : 8415. 17676
[15:31]   Sharad : ok
[15:31]   Shai : Bye all
[15:31]   Shai : Have a nice weekend
[15:31]   Anay : bye all
[15:31]   Chiranthan : bye
[15:31]   Sharad : Bye …. have a nice weekend
[15:32]   r m : Thanks and bye folks, have a great weekend 🙂
[15:32]   Porus : bye