OrderFlow charts and Notes 15/04/15

[09:02]   r m : Good Morning folks!
[09:02]   Hemant : GM folks
[09:02]   r m : http://vtrender.com/levels-and-plan-for-15th-apr/
[09:03]   Porus : HI RM and all
[09:03]   Sharad : GM all
[09:03]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-130415/
[09:03]   r m : Hi Porus
[09:03]   Vishal : GM All
[09:06]   r m : Nifty April Future levelsKey Ref Area 8832 Hypo1 above 8868➜8898➜8924 SL 8829 Hypo2 below 8814➜8790➜8771 SL 8836
[09:06]   Shai : GM all
[09:06]   r m : Banknifty April Future levelsKRA 18760 Hypo1 below 18740➜18670➜18614 SL18825 Hypo2 above 18826➜18960➜19056 SL18740
[09:11]   Tejpreet : GM All
[09:12]   Ashish : Gm all
[09:15]   Keshav : gm all
[09:18]   Shai : BNF good abv 18910 this morning- may attempt to take out that seller at 18970
[09:19]   Shai : NF open in value and range
[09:19]   Shai : BNF just probing abv VAH
[09:20]   Shai : 18960
[09:22]   Shai : Not much change this open despite the one day break from Mon session
[09:22]   Shai : we are continuing the same auction- No visible change of sentiment detected
[09:23]   Shai : earky morning buyers at 18875 and 8836
[09:26]   Shai : BNF probing now towards 19056
[09:29]   Shai : Buy BNF in 2 parts 19010 and 18960 tgt 19128/ 19175 sl 19000
[09:29]   Shai : can come back to test 18960 – hence buy in 2 parts
[09:29]   Shai : but can break higher here -as seller of mon covers
[09:31]   Shai : 19125 and 19175 tgts of the OPen drive
[09:32]   Shai : sl 18900 ***
[09:37]   Shai : We are probng the profile of 19/03 today which can create a rise to 19400 F as long as we stay abv VAH day at 18910.
[09:37]   Shai : roughly 19375 F is the objective of this drive today by tom or friday
[09:37]   Shai : sl has to be below vah preferable day low
[09:40]   RK : TCS auction rejected at open..looks good for short..results ahead..Amit was expecting poor nos
[09:40]   Shai : early morning locals from 18920 booking part profilts at 19060 , but sellers should go away here
[09:43]   Amit J : shai your view on tcs for short?
[09:50]   Shai : 2625 ref line now after the morning sell
[09:51]   Shai : can drop to 2590/ 2555 if that goes
[09:52]   Tejpreet : Shai when you give us the stock lvls in cash …which time frame charts you use.
[09:59]   Amit J : RK read your msg now. yes it is mostly weak
[10:00]   RK : thanks Amit.had shorts but today morning spike hit SL..planning to reenter shorts once lows taken
[10:00]   Ashish : Shai, please update regarding divi’s lab values.. I think there is a shorting opportunity here
[10:07]   Shai : Tejpreet mostly weekly volume charts
[10:07]   Shai : but when dealing with volumes TF does not matter
[10:09]   Tejpreet : Great weekly is the best …Thanks.
[10:10]   Shai : yes divis can drop to 1906/ 1870
[10:10]   Tejpreet : Your lvls are precise…..but needed to be followed precisely too 🙂
[10:10]   Shai : 1870 can come quickly below 1905
[10:10]   Shai : but stops for the trade are higher abv 1965
[10:11]   Shai : NF gets weaker below 8827
[10:12]   Shai : val at 8832
[10:12]   Shai : 8868 vah not yet crossed
[10:12]   Ashish : Thanks Shai
[10:16]   Shai : welcome 🙂
[10:16]   Shai : BNF getting buyers af=gain at vwap
[10:28]   Amit J : geometric buy
[10:29]   Shai : yes good abv 199 – tgts 207 immediately
[10:31]   Shai : Buy NF 8849 sl 8827 tgt 8868
[11:13]   Hussain : hello
[11:14]   r m : Hi 🙂
[11:15]   Amit J : slowly tcs correcting
[11:18]   Amit J : tcs covered
[11:20]   Ashish : Wow, TCS gone below reference level..
[11:21]   Ashish : looking for 2590
[11:22]   Shai : NF continues to be in value
[11:23]   Shai : POC 8852 matched up with current dpoc – shows no edge in positions here
[11:38]   Hussain : good strength by bulls here
[11:40]   Shai : BNf needs more buyers here
[11:41]   Keshav : profile structure weak below vwap
[11:41]   Amit J : jsw energy weakening
[11:41]   Amit J : not participted in entire rally
[11:41]   Hussain : shai touching YVAL possible?? looking for long here
[11:42]   Shai : yes that 8820- 8824 had buyers Mon
[11:43]   Shai : Not lloking at shorts till 8814 is taken down
[11:45]   Hussain : waiting to go long near YVAL or HH on 15min
[11:46]   Hussain : em expecting 8880
[11:51]   Shai : could move up abv 8852 strongly
[11:52]   Hussain : shai 8814 is VAH of 10/4 ??
[11:52]   Amit J : shai how was the vol on last fall. in 8 mins we are getting wpi data
[11:53]   Shai : yes vah of that balance
[11:53]   Shai : vol just picking up now
[11:54]   Shai : has been under avg
[11:54]   Amit J : thks
[11:55]   Shai : abt 185000 is the mean at this hour every 5 mins
[11:55]   Shai : BNF getting those buyers at vwap- but has to rise abv IBH now quickly
[11:58]   Shai : an 8900- 9000 ce bull spread costs 35 now but can double up if index goes to 9000 spot projected at max rise of 34 per lot
[11:58]   Shai : buy 8900 ce and selll 9000 ce
[11:59]   Shai : maz risk *
[12:00]   Shai : can also do a butterfly : long 9000 ce and short 2 x 9100 ce and cover with 9200 ce long ; risk is about 15 bucks on that one
[12:07]   r m : WPI -2.33%
[12:08]   Porus : @RM what was the previous wpi?
[12:09]   r m : -2.06%
[12:10]   r m : expectation (as per investing.com) was 1.95%
[12:10]   r m : -1.95%
[12:11]   Shai : NF has to stay abv 8855 now for more upsie
[12:12]   Shai : BNF needs to cross 19065 min
[12:14]   Shai : 19400 is where we want to see this go in F : http://screencast.com/t/ZtliduKipUSP
[12:15]   Shai : profile template is of 19/03
[12:46]   Shai : Exit the NF longs at 8852 here
[12:46]   Shai : we will wait to buy abv VAH now
[12:52]   Amit J : jsw energy 116
[12:54]   Ashish : Good one Amit
[13:02]   Janak : anyone trading copper here?
[13:02]   Shai : TCS don’t remain short abv 2642 intra
[13:03]   Amit J : i exited tcs. mentioned earlier
[13:05]   Ashish : Thanks Shai for TCS update
[13:32]   Shai : New buyers in BNF at vwap
[13:32]   Shai : let’s see if it can cross IBH now
[13:33]   Shai : clean 40 points yupside to 19125 from 19085
[13:56]   Ashish : above 19085
[13:56]   Ashish : now
[13:56]   Shai : 8870
[13:57]   Shai : look for an opportunity to add the other half position in BNF near 19065 in next 25 mins
[13:58]   Shai : close would be at day high
[13:59]   Shai : heaviest volume came in BNF on that move up
[13:59]   Janak : can hold 19500ce for few days?
[13:59]   Shai : yes
[13:59]   Shai : 18980 intra day supp
[14:00]   Janak : also 9k ce?
[14:00]   Janak : results season and mkt is turning bullish around 8840 NS?
[14:00]   Janak : trigger point around 8880F?
[14:01]   Shai : yes can see aroung 8950 and 9025 F if we cross abv 8888
[14:05]   Ashish : Shai, heromotoco values please??
[14:08]   Shai : hero obj of the move is 2534
[14:09]   Shai : but can reverse to 2592 if 2560 is crossed
[14:09]   Ashish : Thanks a lot..
[14:09]   Shai : not looking like a great short here, but not a buy yet
[14:10]   Ashish : OK, thanks
[14:12]   Amit J : ongc any view for buying
[14:15]   Shai : ongc should do 320 from here but breakout abv 320 only
[14:15]   Shai : b/out 325 only
[14:16]   Amit J : ok
[14:17]   Shai : BN positional spot traders 18800 now supp
[14:20]   Shai : 19232 spot – 19400 has sellers of March- 2 tops at 19370 something
[14:25]   Shai : 15 more points in BNF would have helped on that spiky volume
[14:26]   Shai : again profit booking coming at highs
[14:35]   Tejpreet : Shai views on Reliance …
[14:37]   r m : charts vanished
[14:38]   Kathir : @RM Ragul gandhi came charts vanished 🙂
[14:38]   r m : lol
[14:38]   Shai : He’s been found?
[14:38]   r m : he bears great influence on such things 🙂
[14:39]   Kathir : yeah he is back and charts too
[14:39]   Kathir : :
[14:40]   r m : @Kathir, what could he do with charts, unless he could find a way to empower women with volume profile 🙂
[14:40]   Kathir : 🙂
[14:44]   Amit J : 320 ongc
[14:44]   Amit J : crompton any view for long
[14:50]   Shai : Intra day BNF players keep cover order in BNF at 19100.
[14:51]   Shai : cromgreav waiting for data..
[14:54]   Shai : crom greav seeing 186 as resistance- Not able to get intra day data of today yet- but will update as soon as I have
[14:54]   Tejpreet : (14:35) Tejpreet :Shai views on Reliance …
[14:54]   Amit J : no issue thanks’
[14:56]   Shai : Thanks Tejpreet for the reminder- will update
[14:56]   Tejpreet : Thanks …will wait .
[15:01]   Shai : RIL nice move supp at 925 crucial
[15:02]   Shai : can drop big below 907/ 898 below that 1
[15:02]   Shai : BNF 🙁
[15:04]   Porus : bnf below vah
[15:05]   Shai : 18770 supp
[15:05]   Tejpreet : Thanks Shai ….bears on rampage.
[15:06]   Hemant : Where can it end on spot Nifty?
[15:06]   Tejpreet : Amit any news …maybe some results leaked.
[15:07]   Shai : big red bar
[15:08]   Kathir : @RM MO?
[15:09]   Amit J : shai MO
[15:09]   Amit J : some basket selling by big insurance
[15:09]   Shai : will come down today
[15:09]   Kathir : @shai holding some 8500 pe from todays high hold for tomrw or exit here?
[15:09]   Shai : yes cash selling
[15:09]   r m : MO 69 right now
[15:09]   Shai : Not much volume in F
[15:11]   Tejpreet : Got out of some nifty puts was trapped in them 🙂
[15:11]   r m : congrats!
[15:11]   Shai : Ths move can see 8710
[15:11]   Porus : and on bnf?
[15:12]   Tejpreet : Thanks Rm …. need to be quick in moving out otherwise can get stuck.
[15:12]   Shai : 18570
[15:12]   Kathir : @shai
[15:14]   Shai : move is below VAL on volumes
[15:14]   Shai : not great volume but still below val in days
[15:17]   Kathir : test
[15:17]   Amit J : nuetral extreme?
[15:17]   Kathir : done
[15:18]   Amit J : i have put in bn, should i cover here?
[15:18]   Kathir : @shai holding some nf PE ..hold it for tomrw or exit
[15:18]   Shai : yes neutral ext
[15:19]   Shai : Can hold Kathir 8820 sl in F
[15:19]   Shai : look for 8710 from here
[15:19]   Kathir : ok thanks
[15:19]   Hussain : shai 8830 need to be repaired, tomm posiible??
[15:20]   Shai : if we open abv 8790 tom then 8820 possible again
[15:21]   Hussain : shai VA is engulfing possibilities of range tomm
[15:23]   Shai : auction is a spike and has to probe below 8757 for continaution
[15:23]   Shai : 8790 and 8757 will be 2 ref areas for tom
[15:23]   Tejpreet : Shai can we buy 18500 put for tomorrow at 217.
[15:23]   Shai : No wait Tejpreet
[15:24]   Tejpreet : Ok…
[15:24]   Porus : Shai, prudent to carry bnf shorts to tomorrow or square off now?
[15:25]   Shai : cover Porus
[15:25]   Shai : one bounce up tom can give us a good opp to place shorts
[15:26]   Porus : ok
[15:27]   Amit J : shai hindalco ticso view for long?
[15:27]   Hussain : shai how about 8840?? 15:25 Shai : one bounce up tom can give us a good opp to place shorts
[15:28]   Shai : see 8830 but only abv 8790 abv 8830 can give today’s high again
[15:28]   Shai : Profile could comple a DD tom
[15:29]   Hussain : ok
[15:30]   Shai : hindlaco 133.5 supp but not doing enough to justify longs here
[15:30]   Kathir : thanks and bye all
[15:31]   Tejpreet : Bye All.
[15:31]   Keshav : good day
[15:31]   Shai : tata steell moving towards 323
[15:31]   r m : Thanks and bye folks, have a great evening 🙂
[15:31]   Shai : Bye all
[15:31]   Ashish : Bye all
[15:31]   Shai : Have a nice evening
[15:31]   Vishal : Bye Guys
[15:31]   Porus : bye aii
[15:31]   Vishal : have gr8 evening
[15:33]   Hussain : bye all