OrderFlow charts and Notes 18/02

[08:51]   r m : Good Morning folks!
[08:51]   r m : http://vtrender.com/levels-and-plan-for-18th-feb/
[08:51]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1702/
[08:51]   Porus : GM all
[08:51]   r m : NF Key Reference Area (KRA) 8852 UP Hypo1 above 8853➜8873➜8913 SL 8826 DOWN Hypo2 below 8825➜8796➜8756 SL 8829 FEB Future levels
[08:52]   r m : BNF KRA 19335 DOWN Hypo1 below 19335➜19247➜19160 SL 19377 UP Hypo2 above 19377➜19455➜19546 SL 19335 FEB Future levels
[08:52]   r m : SGX Nifty FEB trading at 8853
[08:55]   Sharad : GM all
[09:01]   Shai : GM all
[09:07]   Tejpreet : GM everyone.
[09:14]   Rav : GM Friends
[09:17]   Shai : buyers at opne
[09:18]   Shai : BNF at kra
[09:18]   Shai : hypo1 is down to 247 and 160 with sl of 377
[09:18]   Rav : 385-390- itc CE booked
[09:19]   Tejpreet : Rav great call on itc.
[09:21]   Sumit : gm everyone
[09:21]   Rav : ITC FUT booked at 397.9
[09:21]   Rav : bought 395 and 400 CE
[09:24]   Porus : Shai, what are the ST levels for Hero motor?
[09:24]   Rav : ITC 380-390 ce SC and 400 ce LBU and 400PE SBU
[09:24]   Shai : Hero has a promoter sale today
[09:25]   Shai : already opened down
[09:25]   Rav : 395 CE booked in ITC
[09:27]   Shai : hero at last week lows
[09:27]   Shai : holding below 2725 tgt is 2652
[09:27]   Shai : cash
[09:28]   Porus : ok. Thanks
[09:28]   Shai : 300 million $ sale
[09:29]   Shai : news of 70 L shares offered at 2664- 2720 band
[09:29]   Shai : well in line with the above range below 2725
[09:31]   Shai : 2 sellers at the second bar in NF / BNF
[09:32]   Shai : 19247 a food place to book
[09:32]   Shai : good*
[09:32]   Shai : spike low of 19211 will be difficult to cross today
[09:33]   RK : GM Shai,RM and all
[09:33]   r m : Hi RK
[09:35]   Sumit : vwap band is very tight, not letting any price change
[09:35]   Shai : possibly 19340 visist again in BNF
[09:36]   Rav : booked at 402 and closed all
[09:40]   Shai : yes Sumit at vwap
[09:40]   r m : great trade in ITC Rav!
[09:41]   Rav : wc rm
[09:42]   Rav : around 1010 lots are still got trapped by ce writers at 400
[09:43]   r m : ok
[09:45]   Shai : hdfc on trat for 1326/ 1333
[09:45]   Shai : track*
[09:45]   Shai : that would also mean that Fii’s are back in longs in stock F
[09:46]   RK : HDFC just did exit at 1314 🙂
[09:47]   Shai : ok
[09:47]   Shai : looks like an open drive off Vah
[09:47]   Shai : sl is 1292 reso of this week
[09:48]   Shai : sbi should get pushed down as a result
[09:49]   Shai : BNF has to cross the 19370 mark to negate the weakness which set in on Mon second half
[09:49]   Shai : on the spot we were watching 19240 close that day
[09:50]   Rav : 19200 ce pe LBU !!!!! Tug of war between bears and bulls
[09:52]   Shai : done- (09:35) Shai :possibly 19340 visist again in BNF
[09:53]   Shai : NF 8837 should hold as a good sl for longs all day
[09:53]   Shai : buyers showed up at open there – 9.15 candle
[09:54]   Shai : tgt is 8890 for day
[09:58]   Shai : BNF at vAL
[09:58]   Shai : 19325 sl for VAH 19546
[09:58]   Shai : can buy abv IBH also after 10.15 as risk reward is good
[10:02]   Rav : 19418 YVWAP
[10:03]   Shai : small buying now at val
[10:05]   Shai : yes Ravi 400 is POC
[10:05]   Shai : Not a good job abv VAL actually by buyers
[10:06]   Shai : let’s see if 340 brings short covering
[10:08]   Shai : kra 335 still supportive of a break abv VAL but once that is broken the BNF may not attempt again
[10:09]   Rav : NF BNF LBU
[10:12]   Rav : max pain at 19400 and 8800
[10:14]   Vishal : shai 8800 pe worth buying?
[10:14]   Vishal : nf stop of 8905
[10:15]   Amit J : shai your view on ntpc.
[10:15]   Shai : Yes Vishal NF stop 8913 better
[10:15]   Vishal : ok
[10:16]   Shai : can’t say it is worth yet though
[10:16]   Vishal : ok shai. thanks
[10:16]   Shai : abv 8854 it’s strong as abv kra
[10:16]   Shai : but can sell higher at 8890 as sellers seen there Mon
[10:16]   RK : Momentum in HDFC also favors bulls
[10:19]   Shai : ntpc huge supply 147- 149
[10:20]   Shai : may be difficult to cross 147.5
[10:20]   Amit J : thanks
[10:24]   Shai : BNF strugllng at VAL
[10:24]   Rav : RK waiting HDFC to touch 1324.40
[10:25]   Shai : needs a new set of greens to cross abv
[10:25]   Rav : and then 1328.70
[10:25]   Shai : thse not in longs can take abv IBH with 19340 as sl for day
[10:25]   RK : Yeah it’s close thereRAv
[10:26]   Rav : and finally 1335.60
[10:27]   Rav : if any indicators turn down, will exit at either of the levels
[10:28]   Rav : RIL 900ce SC
[10:29]   Rav : bnf in bull side
[10:35]   Rav : 8900pe writing started and hence nifty will be up
[10:37]   Rav : 10:24 Rav : RK waiting HDFC to touch 1324.40
[10:37]   Rav : reached
[10:38]   Rav : waiting for next T
[10:39]   Shai : that mix of green coming now in BNf is good for long bias
[10:42]   Varun : whts the ppoc of bnf
[10:43]   Sumit : Varun, 19375
[10:43]   Amit J : 147.5 crossed
[10:43]   Varun : thts the dpoc
[10:43]   Sumit : ppoc?
[10:44]   Varun : previous day poc
[10:46]   r m : @Varun, 19368 as per MP chart (POCv)
[10:46]   Varun : thnks rm
[10:47]   r m : welcome
[10:47]   Rav : reached 10:25 Rav : and then 1328.70
[10:48]   Amit J : http://economictimes.indiatimes.com/industry/energy/oil-gas/end-of-logjam-oil-ministry-clears-development-of-discoveries-worth-rs-150000-crore/articleshow/46274007.cms
[10:48]   Amit J : INGC
[10:48]   Amit J : ONGC
[10:48]   Rav : 1333.60
[10:53]   Rav : ONGC 340 pcr :1.34 Strong support and SC may happen till 410 as PCR is at 1.85 at 420
[10:55]   Rav : booked hdfc at 1330 bought at 1275 last friday
[11:00]   RK : Great Rav..
[11:01]   Vishal : shai wats ur take on red bars from 10.30 onwards
[11:01]   RK : Shai, can you advise on Asian for short here?
[11:05]   Shai : Vishal red bars indicate more sellers
[11:06]   Vishal : so from 10:30 onwards selling has taken place
[11:06]   Vishal : i have taken 8800 pe at 55
[11:07]   Shai : yes
[11:07]   Rav : RK…This is how it started ….http://www.screencast.com/users/Ravicbe/folders/Jing/media/5fe52f12-6dd3-46b7-9c5e-c9625c202654
[11:08]   Shai : asian 847 supply tgt 814
[11:08]   Shai : below 814 can see 792 by Mon
[11:09]   RK : Cool Rav
[11:09]   Rav : 8800pe writing started…..NIFTY UP UP
[11:09]   RK : Thanks Shai
[11:11]   Rav : Have severe Cold
[11:17]   RK : 🙂
[11:26]   Vishal : shai ur analysis of this series of red bars and nifty not falling?
[11:28]   Ravi : ys nifty red and bn green
[11:29]   Shai : Vishal the bias abv kra is positive but NF not doing a good job of moving p further
[11:30]   Shai : the OBj was revised to 8890 abv 8853 and we met 8886 so now sideways
[11:30]   Vishal : okiee
[11:30]   Ravi : shai kra means
[11:30]   Shai : (09:54) Shai :tgt is 8890 for day
[11:31]   Shai : (09:53) Shai :NF 8837 should hold as a good sl for longs all day(09:53) Shai :buyers showed up at open there – 9.15 candle
[11:31]   Shai : weakness below 8853
[11:32]   Shai : alos trading abv vwap would mean at some point these shorts will cover
[11:32]   Vishal : ohh okiee
[11:32]   Vishal : could take to ur next tgt of 8913 den
[11:32]   Shai : Ravi key ref area
[11:32]   Vishal : if they cover
[11:32]   Shai : yes
[11:32]   Kathir : Hi all friends
[11:33]   r m : Hi Kathir
[11:33]   Shai : abv 8913 we can expect 8980 F with sl of 8890 F( 1-2 sessions not intra)
[11:36]   Tejpreet : Today everything a bit slow on the shared screen including typing msg in chat window….just wanted to know is it for everyone…..or any remedy.
[11:37]   r m : @Tejpreet, normally that happens when your bandwidth is low
[11:37]   Tejpreet : have fastest airtel connection at 8 mbps just checked the speed it is ok.
[11:37]   Ravi : no problem for me
[11:38]   r m : today no problem for me either
[11:38]   Kathir : should be broadband issue for him
[11:38]   Rav : have 100 Mbps. but still frequently getting disconnected…
[11:38]   Tejpreet : OK…then bandwidth could be the issue.
[11:39]   r m : yes Rav, that max speed is for ad purpose mostly, one does get the full bandwidth only when you don’t need it 😀
[11:39]   Kathir : 🙂
[11:40]   Rav : have FTTH with dediccated line rm…not shared network as advertised
[11:40]   Tejpreet : True but atleast airtel is reliable tried Spectranet and you …were bad.
[11:41]   Shai : Tejpreet do a check here : http://speedof.me/
[11:41]   Kathir : @shai views on cipla for short
[11:41]   Shai : can fluctuate
[11:41]   Rav : spctranet is ofc company and not have licence for BB. Thet get bandwidth from Airtel…
[11:42]   Porus : Rav, what is FTTH?
[11:42]   r m : fibre to home
[11:43]   Porus : do all providers have this?
[11:43]   Rav : Fibre to the Home .
[11:43]   Shai : Cipla not a short till 661 breaks
[11:44]   Shai : consoliddating post earnings
[11:44]   Kathir : for longs 661 will be a good Sl?
[11:45]   Shai : yes
[11:45]   Shai : it’s very sideways and only 679 cross can give 12- 15 points quickly
[11:46]   Kathir : ok shai thanks
[11:46]   Shai : tgt 790/ 701
[11:46]   Shai : 690*
[11:46]   Kathir : ok
[11:47]   Amit J : banknifty not crossing val on bounce
[11:47]   Tejpreet : Shai your speed test link was good….Rav can you tell which one you are using.
[11:47]   Rav : exiting since disconnection and messaging delay is frequent
[11:48]   Shai : HDFC at1332- (09:45) Shai :hdfc on trat for 1326/ 1333
[11:48]   Shai : with sl of 1319 can still do 1344 today and 1365 tom
[11:49]   Kathir : hdfc spot levels?
[11:51]   r m : stock cash levels unless specified
[11:51]   Kathir : ok ge
[12:01]   Rav : speedtest.net
[12:05]   Tejpreet : No I meant your broadband provider
[12:06]   Tejpreet : Connected via my good old lan cable and much better now.
[12:06]   Rav : Airtel
[12:06]   Ravi : shai thanks good site speedtest.net
[12:08]   Tejpreet : Airtel is the most reliable.
[12:30]   Rav : Shai small suggestion..by putting LWH,YVW,PDH,PDL etc ..we can have buy sell volume clearly
[12:31]   Shai : ok- the prev day vwap is a new entry
[12:31]   Shai : will look to trim it
[12:32]   Rav : Thanks.They are blocking
[12:38]   Shai : yes just noticed that
[12:39]   Rav : blue color value is not visible too
[12:50]   Rav : 8500-8700 ce SC 8800-9000CE lbu
[13:00]   Rav : hi vol in nf
[13:05]   Shai : 8890 to 8913 is a long trade with sl of 8877
[13:05]   Shai : 23 points
[13:05]   Shai : BNf is very 2 way here abv 19320 but has made efforts to hold 18250
[13:06]   Shai : bigger move only abv IBH in BNF
[13:06]   Shai : short covering of Mon + new longs hould come
[13:06]   Shai : so far both look to finish inside day today
[13:13]   RK : Shai,what would be next resistance for TCS above 2581?
[13:14]   Rav : bnf sc happening
[13:16]   Rav : bnf lbu happening now
[13:17]   RK : HDFC makes sure that NF clears day high..
[13:33]   Ravi : shai nf long can hold
[13:33]   Shai : tcs 2634
[13:34]   Shai : possible on thsi move abv 2594
[13:34]   Shai : trailing stop 2594
[13:34]   RK : thanks..2624 already done..
[13:34]   r m : NF went up only to tempt the seller at 8890!
[13:38]   Rav : COI: 8900 cE:5.9 lacs and 8700pe is 5.9 lacs
[13:40]   r m : acrobats at a high! – https://pbs.twimg.com/media/B-HEeN9CMAAWnHm.jpg:large
[13:41]   RK : preparing for trend hence the stunt RM 🙂
[13:41]   r m : lol
[13:48]   Rav : TCS Feb T 2643.80 as per option
[13:50]   RK : thanks Rav
[13:53]   Shai : new buyers in NF
[13:53]   Shai : using 8853 as SL NF can do 8904 if IBH crossed again
[13:59]   Rav : axis sbi inching up
[14:00]   Rav : axis sbi from sbu to lbu
[14:00]   Rav : now bnf is clear lbu
[14:03]   RK : at vwap band
[14:05]   Shai : BNF will come and test IBH
[14:05]   Shai : has t meet buyers
[14:06]   Shai : Not a good move up
[14:06]   Shai : 8904 here- (13:53) Shai :using 8853 as SL NF can do 8904 if IBH crossed again
[14:06]   Rav : booked bnf at 19450 and nf at 8899
[14:07]   RK : similar move at similar price at almost similar time as Friday
[14:07]   Shai : 19367 spot
[14:07]   Shai : want to see more buyers here boh for intra and positional view
[14:08]   Shai : Not doing a good job of the 80% rule yet
[14:09]   Rav : Glad to inform that my seocind highest innings at 1.86
[14:09]   Rav : second
[14:09]   Shai : 🙂
[14:09]   Shai : Congrats
[14:09]   Porus : Great RAv
[14:09]   Rav : Thanks
[14:09]   Tejpreet : Great show Rav.
[14:09]   RK : Congrats 🙂
[14:10]   r m : Congrats Rav!
[14:10]   Rav : Wipro Targetting 844 before March 11th
[14:10]   Shai : 19379 breaks we will drp to 19320 and 19280
[14:11]   Kathir : Congrats Rav ..
[14:12]   Kathir : @rav 200 up from here wipro?
[14:13]   Rav : bnf 23% shortcovereed and 7% fresh longs added
[14:14]   Rav : yes kathir. It is undevalued
[14:14]   Kathir : oh ok great then 700 ce around 10 only wipro march..
[14:15]   r m : 8.70 – 12.40 spread
[14:15]   Rav : ce pe will not work in wipro for sure
[14:16]   r m : ok
[14:16]   Rav : due to poor liquidity and wide range
[14:16]   Kathir : ok
[14:18]   Shai : effort made to absorb the selling in BNF
[14:18]   Rav : 9200 and 9400ce under LL.
[14:19]   Shai : this can create a run to 19550/ 19610 still in BNF if these shorts are forced to cover
[14:23]   Shai : that test of IBH coming up in BNF
[14:23]   Shai : if buyers can hold it here we get a shortcovering run
[14:26]   Rav : 19385-19294 is option writing area
[14:27]   Rav : 8887-8860 is option writing area
[14:30]   Kathir : @Shai sbi levels for long
[14:32]   RK : DRREDDY back to the business..20rs jump
[14:33]   r m : NF back on correct path!
[14:34]   RK : at band with 1.15 L seller
[14:34]   RK : followed by 78k..they are increasing the stake RM 🙂
[14:35]   r m : 🙂
[14:37]   Shai : 9000 ce March again up on this close abv 8840 spot
[14:37]   RK : no sign of SC instead sellers are lured seems
[14:37]   Shai : again a Buy I meant
[14:37]   RK : BNF managed well IBH
[14:37]   Shai : Kathir see in SBIN a braod 298- 322 range
[14:37]   Shai : weakness if 298 breaks
[14:38]   Kathir : ok shai thanks
[14:41]   Rav : RIL LU-Good to buy at 3.15
[14:41]   Ravi : shai above 8913 …whats the target
[14:42]   Shai : 8977
[14:43]   Shai : Vol is very poor
[14:44]   Shai : 67 L in NF againat an avg 112 L by close
[14:44]   Shai : in another 45 mins can close at 80 L
[14:45]   Rav : wipro from 663 to 971.50
[14:45]   Rav : 671.50
[14:46]   Rav : 674.65 is todays T1
[14:47]   Rav : 8960 NF
[14:48]   Rav : Targetting
[14:50]   RK : NS just 100 points away from 30th Jan high..but BNF more than 1000 points..credit to results..
[14:51]   RK : time for analysts to read the results again and revise picks 🙂
[14:52]   Shai : NF strong seller at 8925
[14:55]   r m : Nifty PE has crossed 23 but BNF still below 20
[14:56]   Rav : 8900-9000ce are pressurising writers to cover
[14:58]   Rav : TCS 2641 booked but still looks like rock solid on chart
[14:59]   Amit J : For the coming week upsides in BN possibly only if we cross 19385 decisively. We mentioned 19380 as supply all last week and BN went to 19441 but did not close above 19380.
[14:59]   Amit J : took resistance at 385
[15:00]   r m : Angel’s budet preview report – http://tinyurl.com/mgeapjc
[15:00]   Tejpreet : Shai your views on Dlf can 150 call be taken now.
[15:03]   Rav : axis sbi s down bnf
[15:03]   Kathir : @rav stillSBI LBU
[15:04]   Kathir : ?
[15:04]   Rav : reached sharply Feb T 2643.80 as per option
[15:06]   Kathir : nice one Ravi
[15:08]   Amit J : i have 8-9 previews RM, if you want give your id
[15:09]   Kathir : @Amit RM himself a prview creator 🙂
[15:09]   r m : @Kathir 🙂
[15:09]   r m : @Amit J [email protected]
[15:09]   Kathir : RM predicted kejriwals thumping victory
[15:10]   r m : lol
[15:10]   Amit J : sent
[15:10]   Kathir : @RM one day i expect a tough fight between you and arnab in TV
[15:10]   r m : thanks
[15:10]   Rav : sbi axis SBU now kathir
[15:11]   Kathir : @rav ok thanks..they went to LBU and reversed it seems
[15:11]   Shai : In dlf still weak below 155 but if taking an aggressive long position have sl at current day low
[15:11]   r m : @Kathir, I never watch any of those fake TV discussions, Arnab is safe 🙂
[15:11]   Shai : all this week
[15:11]   Shai : can do 155.7 if sl holds
[15:12]   Tejpreet : thanks Shai.
[15:12]   Kathir : @RM 🙂 thats good for him
[15:13]   Shai : welcome
[15:13]   r m : 🙂
[15:13]   Kathir : @rm budget on saturday?
[15:13]   r m : yes
[15:14]   r m : 28th
[15:14]   Shai : lots of sellers in NF on the move up
[15:14]   Kathir : oh ok..so monday will be a big day
[15:14]   Shai : may go down to 8853 again tom
[15:14]   r m : for a change you can watch the budget without keeping one eye on the monitor 😀
[15:14]   Amit J : before that railway budget on thrusday. so expiry will be rocking
[15:15]   Kathir : mmm..RM being an intraday trader budget is nothing 🙂
[15:15]   Kathir : if it is on a working day then no trade
[15:16]   r m : ok
[15:16]   Kathir : this is bjp’s first full budget right?
[15:18]   r m : yes
[15:19]   Tejpreet : Dlf at previous sike low around 149 with good volume
[15:19]   Kathir : so we can expect some good news for markets?
[15:19]   Tejpreet : spike
[15:20]   r m : @Kathir, may be some good news on policy level, marrket most likely to go down because it can never get as much as it wants )
[15:20]   r m : 🙂
[15:20]   Shai : Move abv 8913 F not accepted -lots of sellers
[15:20]   Kathir : 🙂
[15:21]   Kathir : @RM thats why i tld you that you are a predictor
[15:21]   r m : lol
[15:23]   Kathir : @rm last five years cong budgets did not had any impact on markets?
[15:24]   r m : Modi’s suit, for which Rahul Gandhi set the base prize of 10 lakh has attracted Rs 1 crore bid 🙂
[15:24]   Kathir : 🙂
[15:25]   Kathir : RG’s bad luck continues
[15:26]   r m : he has gone to Bali to recover from the shock 😀
[15:27]   Kathir : bad time for bali govt now
[15:27]   Shai : BNF profile is surprisingly well balanced
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Shai : Bye all
[15:30]   Kathir : thanks and bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Shai : Have a nice evening
[15:31]   Porus : bye all