OrderFlow charts and Notes 17/11
General Chat Transcript
Room Name: Vtrender
Date and Time: November 17, 2014 09:15:09[08:49] r m : Good Morning folks!
[08:49] Porus : GM all
[08:49] r m : http://vtrender.com/levels-and-plan-for-1711/
[08:49] r m : http://vtrender.com/premium/orderflow-charts-and-notes-1411/
[08:50] r m : NF Hypo1 Above 8429➜8448➜8468➜8492 SL below 8407 Hypo2 Below 8393➜8370➜8355 SL 8409
[08:51] r m : BNF Hypo1 Above 17705➜17788➜17960 SL 17625 Hypo2 Below 17635➜17563 SL 17685 All levels NOV Future
[09:02] Sharad : GM all
[09:06] Anay : GM All
[09:13] Shai : GM all
[09:13] Sumit : gm everyone
[09:19] Kathir : Good morning shai RM and all friends
[09:19] r m : Hi Kathir
[09:20] Shai : Open at spike lows and in the area where NF should have closed friday
[09:20] Shai : spike 8393 lows
[09:20] Shai : watch for signs of spike lows being rejected
[09:23] Shai : Mon mornings best to give some more time for the market to settle
[09:24] Amit J : shai your view on dlf
[09:26] Shai : dlf 146 res – can go to 135.6 supp and gets weak below 135
[09:27] Shai : downside can be to 122 if that happens
[09:27] Shai : NF and BNF opens of this morning are in value and range
[09:28] Shai : so sentiment is more of last week- no change yet
[09:30] Amit J : thanks. if i want to do positional short for 30% return what should be sl.
[09:32] Shai : 2 conditions for that short- one is that 141.5 should not be crossed for more than 30 mins and 2 is hard stop of 146.8
[09:32] Shai : cash prices of course
[09:34] Amit J : thanks
[09:37] Shai : vwap i flat
[09:37] Shai : bands are tight in NF
[09:37] Shai : NO OTF
[09:43] Shai : 17560 is supp in BNF
[09:44] Shai : holding 17560 longs can be taken for 17620/ 17635 abv vwap
[09:44] Shai : sl at 17560- 5= 17555
[10:08] Kathir : @SHAI what levels for bnf if goes below 17550
[10:09] Shai : 17480 then
[10:09] Kathir : ok thanks
[10:10] Kathir : dlf 1 rs down
[10:19] Shai : OAIR and a quiet IB
[10:19] Shai : vwap bands will not allow a move to happen outside 8402- 8383 till volume does not rise huge
[10:20] Kathir : where is the downside vwap band for bnf?
[10:21] Shai : 544
[10:21] Kathir : ok
[10:22] Shai : in banks psu’s are up and privates are down today- http://screencast.com/t/EBz9FZVtVj
[10:36] Shai : some nice option charts here- http://vtrender.com/nifty-banknifty-option-open-interest/
[10:43] Rahul G : shai not bale to open the link at vtrender.com
[10:44] Kathir : it says – The server closed the connection without sending any data.
[10:44] Chiranthan : link works fine for me
[10:53] Shai : try vtrender.com and is the second link on the main page
[10:53] Shai : there is some work going on the blog so there may a disruptions this week
[11:15] Shai : Iv’s are moving up on ATM option- http://screencast.com/t/ECV5JBFr
[11:18] Sharad : means we are going to break either way this consolidation…
[11:18] Shai : yes
[11:18] Sharad : which way you most likely
[11:18] Shai : 8370 supp below spike low 8393
[11:19] Sharad : and above 8428 yesterday high ?
[11:19] Shai : same levels 8355 below 8370 sl of 8393
[11:20] Kathir : 08:50 r m: NF Hypo1 Above 8429➜8448➜8468➜8492 SL
[11:20] r m : Till such time vtrender is back full time, option charts will be updated here http://tinyurl.com/OptionCharts
[11:20] Shai : once we entre abv 8393 we go to
[11:20] Shai : 8416/ 8428
[11:21] Sharad : ok
[11:21] Sharad : we should move after 1 pm only when Other timeframe people comes
[11:22] Sharad : Shai if we cross IBH then NF will not have FA and BNF will have FA right ?
[11:25] Shai : yes NF is below IBL for over 30 mins now
[11:26] Sharad : ok
[11:30] Shai : On the 1st day of this series Fii’s bought huge index F and longs calls – http://screencast.com/t/lrqH3aH1M97
[11:32] Sharad : @ 8353 that is why we are not falling from that level
[11:34] Shai : could be
[11:34] Shai : strong hands always defend
[11:35] Shai : seasonality wise this is the most bullish period of the year for them
[11:35] Shai : for Fii’s I mean
[11:35] Shai : Cah chart for oct- dec : http://screencast.com/t/lebVbWqsnd
[11:40] Shai : and Oct rollover in F was positive- http://screencast.com/t/uIFHsEiCcak
[11:46] Shai : Buyers appear more in control during this consolidation
[11:47] Anay : @Shai in Ami options charts…how have you superimposed OI on price chart?
[11:47] Anay : drg-drop doesn’t work
[11:47] Anay : distorts the chart
[11:47] Anay : due to different Y axis values
[11:49] r m : @Anay, styleownscale 🙂
[11:50] r m : for OI plot use that style, then it will become independent of Price scale
[11:50] Anay : Ok. Thanks 🙂
[11:53] Sharad : Delta increasing in NF
[11:54] r m : @Anay, added the khichdi AFL in same location 🙂
[11:55] Anay : did’t get you
[11:56] Shai : Anay all charts are from RM
[11:56] r m : @Anay, AFL uploaded in google drive along with charts
[11:57] Anay : ok cool “)
[11:57] Anay : 🙂
[11:59] Shai : this rising dpoc in NFinlast 20 mins are all buyers
[11:59] Shai : tthey have t psuh it abv vwap to be safe
[12:00] Sharad : Shai notice one thing price not gone up and still DPOC rising
[12:01] Sharad : now gone above dpoc
[12:02] Sharad : dpoc moving faster then price
[12:35] Shai : yes buyers only at the lows
[13:01] Shai : more buyers
[13:01] Shai : abv 8393 we are in the spike again and can go to spike midpont or spike high
[13:01] Shai : also abv val is 70% rule
[13:02] Shai : Buy abv 8394 with sl of 8378 for 8408/ 8427
[13:58] Sharad : chart freeze
[13:58] Sharad : 8409
[14:05] Janak : rm do we need to send sms to shai?
[14:08] Shai : 8423
[14:09] Janak : thnx shai
[14:09] Shai : almost done- (13:01) Shai :abv 8393 we are in the spike again and can go to spike midpont or spike high
[14:09] Janak : sell bn for vwap band trade? 530?
[14:09] Shai : below 610 only now
[14:10] Janak : why mkt going up when delta is -97?
[14:11] r m : delta is aggressive buiyers-sellers, sometimes non-aggressive also count 🙂
[14:11] Janak : 🙁
[14:11] Kathir : sbi
[14:12] Shai : actually BNF still under value high- NF has better legs today
[14:14] Shai : Rally from 1.30 since Modi started speaking 🙂
[14:15] Shai : BNF shorts are cobering
[14:18] Shai : spike high of 8427 now supp
[14:19] Janak : shai bn can do 750?
[14:19] Shai : high risk here
[14:19] Shai : But is a buy on dips
[14:19] Shai : try trading in 2 parts
[14:20] Shai : good till 649 holds
[14:20] Janak : what is 2ib/3ib in bn?
[14:20] Shai : 17736
[14:21] Shai : 17832
[14:21] Janak : nf has done 2ib already
[14:22] Shai : NF ongs booking out
[14:22] Kathir : @shai is hypo 2 active in bnfnow
[14:22] Shai : but as long as it traes abv 8420 it is good for 8452 today
[14:23] Shai : 8448- 8452
[14:23] Kathir : sorry hypo1
[14:29] Shai : could be booking part here – (11:59) Shai :this rising dpoc in NFinlast 20 mins are all buyers
[14:30] Janak : delta in NF is so strong today so -ve delta in bn is bypassed
[14:31] Janak : buy bn here for close at high?
[14:35] Janak : 2ib in bn!
[14:40] Chiranthan : Any options in NF worth buying?
[14:40] Janak : nf did 3ib – will bn too?
[14:46] Amit J : vwap is 8405 as per nse
[14:47] r m : yes
[14:47] Janak : 736
[14:47] r m : vwap on tick charts here differs a bit from vwap at nse and on other charts
[14:50] Kathir : @rm nf using vwap band as a ladder
[14:51] r m : 🙂
[14:53] Janak : shai/rm a buy at 720 can give 3ib before 3.15?
[14:55] Shai : Chiranthan we can go with a 8500 ce if price comes to 8430
[15:02] Shai : 8400 ce stl staying up
[15:02] Shai : still
[15:02] Shai : delta is off the highs at day high
[15:02] Chiranthan : ok
[15:03] Janak : shai bn short-squeeze at 750?
[15:03] Shai : into the rest of the week 8420- 8425 are supports and as long as they hold we can see 8492
[15:04] Clay : indian markets are shrugging off global cues and running-up when global cues rae neagtive
[15:04] Clay : what if global cue sturn positive?
[15:05] Shai : this move is on the trade deficit news
[15:06] Shai : positive for CAD
[15:06] Shai : Janak BNF may come down to 17670
[15:06] Janak : ok
[15:06] Janak : i am asking abt the squeeze before 3.15
[15:07] Janak : can do 2i+20?
[15:08] Shai : 17736 was 2I
[15:08] Shai : yes 17788 poss
[15:08] Janak : ok
[15:12] Clay : ? Bank Nifty up only 0.37 % from y’day close
[15:13] Shai : yes cnxit going up
[15:17] Clay : again end of day upmove
[15:17] Clay : after 1:30 pm
[15:18] r m : ICICI & HDFC are being sold to keep BNF under control
[15:19] r m : else Janak would have got his 17960 today 🙂
[15:19] Shai : yes all psu’s moving it up
[15:19] Shai : At this stage NF has to come down to 8415-8430 oce
[15:20] Shai : once before climbing higher
[15:20] Shai : same with BNF 17650 needs to be done again
[15:20] Shai : breakout still on hold
[15:20] Shai : prem is just 20
[15:21] Janak : bn delta ki aisi ki taisi 🙂 rm
[15:21] Janak : today
[15:21] Anay : @Shai view on RCap plz
[15:22] Clay : remarkable strength today in view of global weakness
[15:22] Sharad : NF delta in minus
[15:22] Shai : relcap 501 res
[15:23] Shai : good move today – supp at 481 now
[15:24] Anay : ok thanks
[15:24] Shai : potential tgt is 526 if 481 holds on the dip or even if it crosses today highs tom
[15:24] Shai : 526 by fri
[15:24] Shai : 17695
[15:28] Shai : NF stays up
[15:28] Janak : bn long carry?
[15:29] Shai : BNF repairs the anomaly
[15:29] Anay : ok
[15:29] Shai : yes Janak 17620 sl
[15:29] Janak : ok
[15:31] Shai : Bye all
[15:31] Shai : Have a nice evening
[15:31] Porus : bye
[15:31] Clay : bye
[15:31] Chiranthan : bye
[15:32] r m : Thanks and bye folks, have a great evening 🙂
[15:33] Kathir : bye all
Date and Time: November 17, 2014 09:15:09[08:49] r m : Good Morning folks!
[08:49] Porus : GM all
[08:49] r m : http://vtrender.com/levels-and-plan-for-1711/
[08:49] r m : http://vtrender.com/premium/orderflow-charts-and-notes-1411/
[08:50] r m : NF Hypo1 Above 8429➜8448➜8468➜8492 SL below 8407 Hypo2 Below 8393➜8370➜8355 SL 8409
[08:51] r m : BNF Hypo1 Above 17705➜17788➜17960 SL 17625 Hypo2 Below 17635➜17563 SL 17685 All levels NOV Future
[09:02] Sharad : GM all
[09:06] Anay : GM All
[09:13] Shai : GM all
[09:13] Sumit : gm everyone
[09:19] Kathir : Good morning shai RM and all friends
[09:19] r m : Hi Kathir
[09:20] Shai : Open at spike lows and in the area where NF should have closed friday
[09:20] Shai : spike 8393 lows
[09:20] Shai : watch for signs of spike lows being rejected
[09:23] Shai : Mon mornings best to give some more time for the market to settle
[09:24] Amit J : shai your view on dlf
[09:26] Shai : dlf 146 res – can go to 135.6 supp and gets weak below 135
[09:27] Shai : downside can be to 122 if that happens
[09:27] Shai : NF and BNF opens of this morning are in value and range
[09:28] Shai : so sentiment is more of last week- no change yet
[09:30] Amit J : thanks. if i want to do positional short for 30% return what should be sl.
[09:32] Shai : 2 conditions for that short- one is that 141.5 should not be crossed for more than 30 mins and 2 is hard stop of 146.8
[09:32] Shai : cash prices of course
[09:34] Amit J : thanks
[09:37] Shai : vwap i flat
[09:37] Shai : bands are tight in NF
[09:37] Shai : NO OTF
[09:43] Shai : 17560 is supp in BNF
[09:44] Shai : holding 17560 longs can be taken for 17620/ 17635 abv vwap
[09:44] Shai : sl at 17560- 5= 17555
[10:08] Kathir : @SHAI what levels for bnf if goes below 17550
[10:09] Shai : 17480 then
[10:09] Kathir : ok thanks
[10:10] Kathir : dlf 1 rs down
[10:19] Shai : OAIR and a quiet IB
[10:19] Shai : vwap bands will not allow a move to happen outside 8402- 8383 till volume does not rise huge
[10:20] Kathir : where is the downside vwap band for bnf?
[10:21] Shai : 544
[10:21] Kathir : ok
[10:22] Shai : in banks psu’s are up and privates are down today- http://screencast.com/t/EBz9FZVtVj
[10:36] Shai : some nice option charts here- http://vtrender.com/nifty-banknifty-option-open-interest/
[10:43] Rahul G : shai not bale to open the link at vtrender.com
[10:44] Kathir : it says – The server closed the connection without sending any data.
[10:44] Chiranthan : link works fine for me
[10:53] Shai : try vtrender.com and is the second link on the main page
[10:53] Shai : there is some work going on the blog so there may a disruptions this week
[11:15] Shai : Iv’s are moving up on ATM option- http://screencast.com/t/ECV5JBFr
[11:18] Sharad : means we are going to break either way this consolidation…
[11:18] Shai : yes
[11:18] Sharad : which way you most likely
[11:18] Shai : 8370 supp below spike low 8393
[11:19] Sharad : and above 8428 yesterday high ?
[11:19] Shai : same levels 8355 below 8370 sl of 8393
[11:20] Kathir : 08:50 r m: NF Hypo1 Above 8429➜8448➜8468➜8492 SL
[11:20] r m : Till such time vtrender is back full time, option charts will be updated here http://tinyurl.com/OptionCharts
[11:20] Shai : once we entre abv 8393 we go to
[11:20] Shai : 8416/ 8428
[11:21] Sharad : ok
[11:21] Sharad : we should move after 1 pm only when Other timeframe people comes
[11:22] Sharad : Shai if we cross IBH then NF will not have FA and BNF will have FA right ?
[11:25] Shai : yes NF is below IBL for over 30 mins now
[11:26] Sharad : ok
[11:30] Shai : On the 1st day of this series Fii’s bought huge index F and longs calls – http://screencast.com/t/lrqH3aH1M97
[11:32] Sharad : @ 8353 that is why we are not falling from that level
[11:34] Shai : could be
[11:34] Shai : strong hands always defend
[11:35] Shai : seasonality wise this is the most bullish period of the year for them
[11:35] Shai : for Fii’s I mean
[11:35] Shai : Cah chart for oct- dec : http://screencast.com/t/lebVbWqsnd
[11:40] Shai : and Oct rollover in F was positive- http://screencast.com/t/uIFHsEiCcak
[11:46] Shai : Buyers appear more in control during this consolidation
[11:47] Anay : @Shai in Ami options charts…how have you superimposed OI on price chart?
[11:47] Anay : drg-drop doesn’t work
[11:47] Anay : distorts the chart
[11:47] Anay : due to different Y axis values
[11:49] r m : @Anay, styleownscale 🙂
[11:50] r m : for OI plot use that style, then it will become independent of Price scale
[11:50] Anay : Ok. Thanks 🙂
[11:53] Sharad : Delta increasing in NF
[11:54] r m : @Anay, added the khichdi AFL in same location 🙂
[11:55] Anay : did’t get you
[11:56] Shai : Anay all charts are from RM
[11:56] r m : @Anay, AFL uploaded in google drive along with charts
[11:57] Anay : ok cool “)
[11:57] Anay : 🙂
[11:59] Shai : this rising dpoc in NFinlast 20 mins are all buyers
[11:59] Shai : tthey have t psuh it abv vwap to be safe
[12:00] Sharad : Shai notice one thing price not gone up and still DPOC rising
[12:01] Sharad : now gone above dpoc
[12:02] Sharad : dpoc moving faster then price
[12:35] Shai : yes buyers only at the lows
[13:01] Shai : more buyers
[13:01] Shai : abv 8393 we are in the spike again and can go to spike midpont or spike high
[13:01] Shai : also abv val is 70% rule
[13:02] Shai : Buy abv 8394 with sl of 8378 for 8408/ 8427
[13:58] Sharad : chart freeze
[13:58] Sharad : 8409
[14:05] Janak : rm do we need to send sms to shai?
[14:08] Shai : 8423
[14:09] Janak : thnx shai
[14:09] Shai : almost done- (13:01) Shai :abv 8393 we are in the spike again and can go to spike midpont or spike high
[14:09] Janak : sell bn for vwap band trade? 530?
[14:09] Shai : below 610 only now
[14:10] Janak : why mkt going up when delta is -97?
[14:11] r m : delta is aggressive buiyers-sellers, sometimes non-aggressive also count 🙂
[14:11] Janak : 🙁
[14:11] Kathir : sbi
[14:12] Shai : actually BNF still under value high- NF has better legs today
[14:14] Shai : Rally from 1.30 since Modi started speaking 🙂
[14:15] Shai : BNF shorts are cobering
[14:18] Shai : spike high of 8427 now supp
[14:19] Janak : shai bn can do 750?
[14:19] Shai : high risk here
[14:19] Shai : But is a buy on dips
[14:19] Shai : try trading in 2 parts
[14:20] Shai : good till 649 holds
[14:20] Janak : what is 2ib/3ib in bn?
[14:20] Shai : 17736
[14:21] Shai : 17832
[14:21] Janak : nf has done 2ib already
[14:22] Shai : NF ongs booking out
[14:22] Kathir : @shai is hypo 2 active in bnfnow
[14:22] Shai : but as long as it traes abv 8420 it is good for 8452 today
[14:23] Shai : 8448- 8452
[14:23] Kathir : sorry hypo1
[14:29] Shai : could be booking part here – (11:59) Shai :this rising dpoc in NFinlast 20 mins are all buyers
[14:30] Janak : delta in NF is so strong today so -ve delta in bn is bypassed
[14:31] Janak : buy bn here for close at high?
[14:35] Janak : 2ib in bn!
[14:40] Chiranthan : Any options in NF worth buying?
[14:40] Janak : nf did 3ib – will bn too?
[14:46] Amit J : vwap is 8405 as per nse
[14:47] r m : yes
[14:47] Janak : 736
[14:47] r m : vwap on tick charts here differs a bit from vwap at nse and on other charts
[14:50] Kathir : @rm nf using vwap band as a ladder
[14:51] r m : 🙂
[14:53] Janak : shai/rm a buy at 720 can give 3ib before 3.15?
[14:55] Shai : Chiranthan we can go with a 8500 ce if price comes to 8430
[15:02] Shai : 8400 ce stl staying up
[15:02] Shai : still
[15:02] Shai : delta is off the highs at day high
[15:02] Chiranthan : ok
[15:03] Janak : shai bn short-squeeze at 750?
[15:03] Shai : into the rest of the week 8420- 8425 are supports and as long as they hold we can see 8492
[15:04] Clay : indian markets are shrugging off global cues and running-up when global cues rae neagtive
[15:04] Clay : what if global cue sturn positive?
[15:05] Shai : this move is on the trade deficit news
[15:06] Shai : positive for CAD
[15:06] Shai : Janak BNF may come down to 17670
[15:06] Janak : ok
[15:06] Janak : i am asking abt the squeeze before 3.15
[15:07] Janak : can do 2i+20?
[15:08] Shai : 17736 was 2I
[15:08] Shai : yes 17788 poss
[15:08] Janak : ok
[15:12] Clay : ? Bank Nifty up only 0.37 % from y’day close
[15:13] Shai : yes cnxit going up
[15:17] Clay : again end of day upmove
[15:17] Clay : after 1:30 pm
[15:18] r m : ICICI & HDFC are being sold to keep BNF under control
[15:19] r m : else Janak would have got his 17960 today 🙂
[15:19] Shai : yes all psu’s moving it up
[15:19] Shai : At this stage NF has to come down to 8415-8430 oce
[15:20] Shai : once before climbing higher
[15:20] Shai : same with BNF 17650 needs to be done again
[15:20] Shai : breakout still on hold
[15:20] Shai : prem is just 20
[15:21] Janak : bn delta ki aisi ki taisi 🙂 rm
[15:21] Janak : today
[15:21] Anay : @Shai view on RCap plz
[15:22] Clay : remarkable strength today in view of global weakness
[15:22] Sharad : NF delta in minus
[15:22] Shai : relcap 501 res
[15:23] Shai : good move today – supp at 481 now
[15:24] Anay : ok thanks
[15:24] Shai : potential tgt is 526 if 481 holds on the dip or even if it crosses today highs tom
[15:24] Shai : 526 by fri
[15:24] Shai : 17695
[15:28] Shai : NF stays up
[15:28] Janak : bn long carry?
[15:29] Shai : BNF repairs the anomaly
[15:29] Anay : ok
[15:29] Shai : yes Janak 17620 sl
[15:29] Janak : ok
[15:31] Shai : Bye all
[15:31] Shai : Have a nice evening
[15:31] Porus : bye
[15:31] Clay : bye
[15:31] Chiranthan : bye
[15:32] r m : Thanks and bye folks, have a great evening 🙂
[15:33] Kathir : bye all