OrderFlow charts and Notes 19/03

[08:32]   Kathir : Good Morning All
[08:41]   r m : Good Morning folks!
[08:41]   r m : Hi Kathir, before time today? 🙂
[08:42]   Porus : gm rm kATHIR AND ALL
[08:42]   r m : Hi Porus
[08:42]   r m : http://vtrender.com/levels-and-plan-for-19th-march/
[08:42]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1803/
[08:42]   r m : Nifty MAR Future levels Key Ref Area 8767 Hypo1 above 8767➜8802➜8856 SL 8725 Hypo2 below 8725➜8694➜8650 SL 8755
[08:42]   r m : Banknifty MAR Future levels KRA 19200 Hypo1 above 19200➜19334➜19444➜19560 SL 19140 Hypo2 below 19140➜19050➜18900 SL 19240
[08:43]   r m : SGX Nifty March trading at 8787
[08:51]   Kathir : @hi RM yeah banglore woke me up early 🙂
[08:53]   r m : 🙂
[08:55]   Sharad : GM all
[08:55]   Kathir : Hi Sharad..how abt ur inr levels now?
[08:56]   Sharad : 62.50 was targeting so sold @ 63.08… will buy again in 1-2 days between 62.25/62.5
[08:57]   Sharad : Not shorted Kathir..
[08:57]   Kathir : oh ok
[08:58]   Sharad : long me jyada maza hai.. will go above 64
[09:00]   Sharad : 62.44 low
[09:01]   Shai : GM all
[09:01]   Kathir : GM Shai
[09:01]   Kathir : @sharad whats Shai’s levels below 62.5?
[09:02]   Sharad : Shai can you give me major support for USDINR want to buy today tomorrow
[09:02]   Sharad : last level was 62.68
[09:02]   Sharad : from Shai
[09:02]   Kathir : below 62.5 is 62.1 i guess
[09:03]   RK : Hi Shai,RM and all..Good morning 🙂
[09:03]   Shai : 62.28/ 61.98
[09:03]   r m : Hi RK 🙂
[09:03]   Sharad : looks 62.28 POC wow
[09:03]   Shai : NF watch res at 8785/8802 on expectd gap up
[09:03]   Sharad : 61.98 is VAL
[09:04]   Shai : Lat friday big seller was 8787
[09:04]   Shai : opens up 8865 if crossed
[09:04]   Shai : BNF at 19440 F to watch
[09:06]   Tejpreet : GM All.
[09:06]   Sachith : GM all
[09:09]   Shai : Fii’s are in long liquidation mode in Nifty but have started building longs in BNF again
[09:09]   Shai : Today’s price if holds 8755 spot at close should see fii’s get into longs again
[09:10]   Shai : hence move continuation upto 9062 F is very high over next few sessions
[09:10]   RK : any news with HCL..showing abnormal prices in premarket
[09:11]   Shai : broker also sent msg about contracts not updated. will check
[09:14]   Kris : GM All:)
[09:14]   r m : Hi Kris 🙂
[09:16]   Kris : Hi Rm 🙂
[09:16]   Kris : @Rm – Gap up – Red Delta 🙂
[09:17]   Shai : 8759 supp
[09:17]   Shai : 8785 res
[09:18]   r m : @Kris, yeah!
[09:18]   Shai : 19333 supp from yesterday now and 19444 res
[09:18]   Varun : @kris red delta at gap up, weak ?
[09:18]   Shai : Varun could be longs of close booking
[09:19]   Varun : we hve excess also here
[09:19]   RK : HCL and TECHM stock split
[09:19]   Varun : shld clear it fast else will get tough
[09:19]   Shai : yes
[09:19]   Shai : Thanks RK
[09:19]   RK : Had shorts and for a sec got a goosepump 🙂
[09:20]   Varun : shai if we clear this excess we hve another waiting up
[09:20]   Shai : 1:1 bounus issue in hcl/ tech
[09:20]   RK : Yes
[09:21]   Shai : Yes Varun
[09:22]   Shai : These are the obs on prev profiles up- http://screencast.com/t/WiweZncR
[09:22]   Shai : Delta does not show new buying
[09:22]   Shai : spot has hit 8755
[09:23]   RK : recently gaps are getting filled..lets see
[09:24]   Amit J : intraday buy ttk prestige
[09:25]   Shai : 8734 here if 9755 goes
[09:25]   Shai : sl of 8775
[09:25]   Shai : if that happens let’s see if 8724 POC brings buyers
[09:29]   Kathir : @amit any news
[09:29]   Amit J : buying hai
[09:29]   Kathir : ok it is not in F& O only spot
[09:29]   Amit J : cash
[09:30]   Amit J : bovespa rallied 3000 pts in 2 days, we will give breakout shai
[09:30]   Kathir : ok Amit thanks
[09:31]   Shai : yes I also feel dips will be used to add back longs
[09:31]   Tejpreet : Shai your views on creating longs in Canara Bank.
[09:33]   Amit J : we generally follow bovespa
[09:33]   Amit J : 3-4 % quick rally would come. bovespa rallied almost 8-9% in just 2 days
[09:34]   r m : only shorts bing added and NF going up!
[09:35]   Amit J : 8755 spot crossed finally
[09:37]   r m : OK, so cash buying taking nifty up and shorts adding in NF?
[09:38]   RK : 13th Seller is here..
[09:38]   r m : my stop buy with a miserly limit of 1 point did not trigger at 8777, so those zeros are real 🙂
[09:39]   Shai : can bk 405.7 res
[09:39]   Shai : can move to 412.9/ 414.6 if crssed
[09:39]   Tejpreet : so buy only above 406
[09:39]   Tejpreet : Thanks.
[09:40]   Shai : yes
[09:42]   Amit J : ttk 3700 to 3770
[09:43]   Shai : data correction in NF
[09:43]   Shai : that 0 again put the system off
[09:44]   RK : seems 8787 seller is off..huge vol there
[09:44]   Shai : 8788 large seller looks to have covered quickly
[09:44]   RK : 🙂
[09:44]   Sharad : all 5 min delta in NF is red only
[09:44]   Shai : Please highlight if you see zeros in bid- ask anytime
[09:44]   Amit J : shai does it makes sense to buy 9000 calls
[09:45]   Shai : exchange data has been poor this week
[09:45]   Amit J : 8755 spot crosse
[09:45]   Shai : Yes Amit
[09:45]   Amit J : shai bn can you remove that thing from chart
[09:46]   Amit J : thanks
[09:48]   Shai : 8785 supp now
[09:49]   Shai : no buying abv 8804 currently so works nneds to be done there for 8856 F
[09:49]   Shai : 8755 F held by a tick
[09:50]   Shai : could have easily meant a POC visit had we gone below
[09:51]   Shai : use this for higher levels of the profile- (09:22) Shai :These are the obs on prev profiles up- http://screencast.com/t/WiweZncR
[09:53]   Shai : roughly 19560 is the next resistance zone if we cross 19444
[09:55]   Shai : Last throw of the dice by sellers is at 8787 spot
[09:55]   Shai : under big pressure for rest of this series if that goes away
[09:59]   Shai : Positional view : http://screencast.com/t/p2NwJcrFQG2S
[09:59]   Shai : Inference is that Fii’s should begin buying long index F today
[10:00]   Shai : we will re- evaluate this at close
[10:00]   Navaneeth : if 8815 crossed, then what levels will come (Swing)?
[10:00]   RK : HDFC and LT showing some signs of drive at open
[10:01]   RK : buying there
[10:01]   Kathir : 8856
[10:01]   r m : UNITECH MWPL is 82%, should be out of ban by evening
[10:03]   Shai : swing is for 8920/8965/9012 F
[10:03]   Shai : all 3 levels have selling
[10:04]   Navaneeth : ok
[10:10]   Shai : BNF no shorts till vwap breaks
[10:14]   Shai : NF looks rotational between 8785 and 8815 now for next few hours
[10:15]   Shai : BNF should rotate 19340 to 19460
[10:17]   Navaneeth : Nifty OF wave, Off the grid?
[10:23]   Shai : that 19440 seller is still in with a sell att top
[10:24]   Shai : 19373 was the prev one and the zone of the current auction
[10:26]   Shai : 8785 intra supp
[10:26]   Shai : if that breaks we are down to 8755 again
[10:27]   Vivek : & if 8755 goes than 8710 VA rule
[10:28]   Amit J : http://www.rathionline.com/Derivatives/DerMain.aspx?Url=Derivatives/PLandCOpentI.aspx?id=3
[10:29]   Amit J : to check mwpl
[10:29]   r m : Thanks
[10:29]   Shai : oh Nice
[10:31]   Rav : max pain shifted from 8700 to 8800
[10:32]   Amit J : but ban comes when 95% is hit right. yesterday also it was low
[10:33]   r m : yes, but ban removed only when position goes below 80%
[10:34]   Shai : Ban gets removed once below 77- 78
[10:34]   r m : ok, thanks
[10:35]   Amit J : ok
[10:39]   Sachith : shai… rel infra short levels intraday
[10:43]   Shai : relinfra short has 466 cash as res
[10:43]   Shai : but conservative short below if 458 below which it drops to 451 quickly
[10:44]   Shai : Positional players are operating at 450 levels in relinfra
[10:44]   Shai : cash levels
[10:44]   Sachith : ok… thnx
[10:48]   Shai : 8785 buyer called to defend
[10:51]   r m : India run rate 4.0!
[10:54]   Shai : NF more sellers
[10:54]   RK : RM ORR with Indian batting..hope responsive hitting would emerge after 40 overs 🙂
[10:56]   r m : lol
[10:57]   r m : 🙂
[11:00]   Shai : still sellers
[11:01]   Shai : break of 8755 F is another 30 point drop
[11:03]   r m : @RK, hope that Indian ORR does not end in a normal day!
[11:04]   RK : seems charts are lagging..
[11:06]   r m : yes, chat too
[11:06]   RK : lol
[11:07]   RK : seems so
[11:15]   Shai : BNF at 19330 supp
[11:16]   Kathir : @SHAI levels for havels short from here?
[11:16]   Shai : breakdown here can be a quick drop to 19246 and 19218
[11:18]   Shai : with 301.5 as sl you can short for 293.5 but momentum on downside will be below 293 only then 285/ 281 quicker
[11:18]   Kathir : ok shai thanks
[11:39]   Kathir : nf bnf?
[11:39]   Shai : vah
[11:39]   Shai : No Buying still
[11:41]   Shai : big seller at 8748
[11:42]   RK : may be positionals are back below IBL
[11:43]   Shai : 8724 last supp from yesterday
[11:43]   Shai : but now weak below 8755 as it goes into tues day profile
[11:57]   Shai : NF back to 8755 searchng for buyers
[11:58]   Shai : at some stage the longer term positional should respod today and for that to happen POC should stay
[11:59]   Shai : so far it is the seller everywhere
[11:59]   RK : BNF got a good buying reponse at POc
[11:59]   RK : POC
[11:59]   Shai : Not very big though
[11:59]   RK : k
[12:04]   Kathir : where is nf vwap now
[12:05]   Amit J : shit look at just dial
[12:05]   Vivek : @shai is 8734 qualify for FA ?
[12:08]   Rav : longs are slowly getting added steadily
[12:10]   RK : RAV maxpain for BNF?
[12:10]   Amit J : shai on dip we bounced from VAH. in previous bull run also we have seen similar set up in initial days.
[12:12]   Rav : 19000 but shortly it will get shifted to 19300 once spot crosses 13275
[12:12]   RK : thanks RAv
[12:13]   Shai : Vivel auction has decent vols below IBL- so not a FA
[12:13]   Shai : Vivek**
[12:13]   Vivek : ok
[12:14]   Shai : Yes Amit hence mentioned POC as last supp
[12:15]   Shai : Long trade in BNF to tg 19400 again sl 19310
[12:16]   Rav : ntpc moving
[12:16]   Amit J : ntpc govt fucked up in between. but 151 should hold as per my view
[12:20]   Rav : do hope that there is no lady member here
[12:20]   Shai : can push back to 159 again
[12:21]   Shai : but that 12 rupee drop in price is cerayin
[12:21]   Shai : certain
[12:22]   Tejpreet : NTPC future is showing 143
[12:22]   Shai : NF quick long idea is abv 8767 to 8797 with sl of 8752
[12:22]   Shai : yes that dividend is priced in fut otherwise becomes a free money trade
[12:23]   Tejpreet : ok dividend stock…beter to stay away as they behave erratically.
[12:23]   Janak : despite 200 pts gapup – bn hasn’t shown any enthu to go above 500 – isnt itbearish?
[12:24]   Shai : Janak prev sellers at 19444
[12:24]   Janak : can u pl compress two days chart shai in bn for a min?
[12:24]   Shai : sure
[12:25]   Janak : if FIIs are selling at highs – then 19200 shd come once today?
[12:26]   Shai : Fii’s sold last week – they are buying the lows this week in BNF
[12:26]   Janak : ok so that points to a further drop upto 200 atleast? 215
[12:31]   r m : @Janak, ye lo desi stuff 🙂 http://screencast.com/t/BvqY7406v8j
[12:32]   Varun : @shai whts the vwap in nifty..not visible on screen ?
[12:32]   Shai : 8773
[12:33]   Janak : good chart rm – 463/380/350 – bn making LH – meaning bearish?
[12:33]   Janak : what do u infer?
[12:33]   Varun : thanks
[12:36]   Janak : 380 to 285 was a fall from that red dot now 350 to 250-60?
[12:37]   Shai : Janak My view is if 19260 holds we see 19560 By Mon
[12:37]   Janak : ok shai
[12:38]   Janak : which means 260 will be attempted atleast once today?
[12:38]   Shai : can happen as we are below vwap still and morning seller is dominanat
[12:38]   Shai : but abv vwap + short covering
[12:39]   Shai : same in NF – till below vwap the morning seller controls
[12:39]   Janak : where are the cumulative delta nos?
[12:41]   Shai : right side of OF chart
[12:42]   Janak : -21550 is bn delta?
[12:42]   Shai : Buyer trying to push the auction abv 8765
[12:42]   Shai : fast move to 8787 if that happens
[12:43]   Janak : that delta will tank bn by 100 in next 30 min
[12:43]   Shai : -77000 now BN delta
[12:44]   Janak : IB break trade rm?
[12:45]   Janak : laal chhadi maidan khadi? 🙂
[12:53]   r m : @Janak, my messages taking 6-7 minutes to travel to Pune hence keeping quiet 🙂
[12:54]   Janak : nevermind – i showed ur chart to BN and lo! pronto! 80 pts tank ::
[12:56]   Janak : yday bn close was?
[12:57]   Amit J : 80% banknifty?
[12:57]   Janak : gap filled?
[12:58]   Janak : (12:43) Janak :that delta will tank bn by 100 in next 30 min
[13:03]   Janak : test
[13:05]   RK : BNF yday LTP was 19210 avg close 19249
[13:13]   Tejpreet : Good score by India 300 plus.
[13:18]   RK : Bangla boys would fold <200
[13:19]   Kathir : @RK 10:54 RK : RM ORR with Indian batting..hope responsive hitting would emerge after 40 overs 🙂
[13:20]   Shai : Longs came back on that drop in BNF
[13:20]   Shai : een 19220 hold up yesterday also
[13:20]   Janak : some problems with text sg here?
[13:20]   Shai : but stll a struggle below 19333/ vwap
[13:21]   Varun : shai but look at nf profile at lows, tripple weak low
[13:21]   Shai : yes weak
[13:21]   Varun : shldnt it break once decisively for a good move on upside
[13:21]   Shai : will have to prbe below and complete the acution in NF
[13:22]   Varun : even in bnf
[13:22]   RK : 8750spot close seems on tgt by both bulls and bears to keep the pendulam swinging
[13:32]   Shai : There is evidence of buying at the lows today- will wait on OI data at close to confirm
[13:33]   Shai : Seller should be pushed back into next week at te 8920- 8965 F levels
[13:35]   Janak : nf delta from -24k to -58k in 1 min!
[13:36]   Janak : now -75k
[13:40]   Shai : the next pink is a drop to poc
[13:43]   Janak : bn and nf deltas at opp. ends
[13:43]   Janak : 53k vs -75k
[13:43]   Janak : bn delta might be a trap for bulls?
[13:44]   Shai : Go by the fig in the 15 min columns they are more better
[13:45]   Janak : -27k vs 13k?
[13:46]   Tejpreet : In 15 min – delta is at low prices and + delta at top at high prices in Nifty…any significance
[13:47]   Shai : you have volume of the bar on top of the row followed by current delta and then max delta and finally min delta
[13:47]   Shai : the current delta has to be viewed as a displacement from max or min
[13:48]   Shai : like at 1.45 delta is -27100 and max neg was -40325
[13:48]   Shai : so sellers still in
[13:49]   Shai : similarly at 1.30 bar 163850 was highest off which 80475 left at close of that bar so profits were taken
[13:51]   Tejpreet : Did not get it all …..will reveiew again post market and shoot a mail in case of query….thanks for explaining all queries in details.
[13:51]   Shai : bear in mind that not all is directional vlume- there are jobbers and scalpers at play also
[13:52]   Shai : so pay attention to the vol of that bar also
[13:52]   Janak : shai – as a synthesis of all these – all u need now is a pop-up msg which gives entry/exit as per the values
[13:53]   Shai : sure feel free- will be happy to respond
[13:53]   Shai : Janak 🙂
[13:53]   Janak : 🙂
[13:54]   Shai : I take it one step forward- let’s say you need auto trading based on signals without you having to look at charts 🙂
[13:54]   Janak : ha ha – nf delta -88k – thru the roofs! present 014k
[13:54]   Janak : -14k
[13:54]   r m : @Janak, will also help to plant a robot in the screen who punches the trader’s nose and shouts – why the $#%& you did not punch that order 😀
[13:55]   Janak : lol
[13:55]   Shai : lol
[13:56]   Janak : shai can u pl have current delta values in the boxes?
[13:56]   Janak : where val/vah etc are there?
[13:59]   Janak : val 144 on?
[14:01]   Amit J : after intraday correction even hangsang closed at days high
[14:02]   Tejpreet : Even europe green from intraday lows……powerplay time …:)
[14:04]   Shai : yes this last hour is crucial
[14:04]   Shai : Big institutions should be looking at dips to re-instate positional longs
[14:07]   Shai : If you see that FII file it is a long liquidation fall rather than a short buildup
[14:07]   Shai : the difference is falls will not have severity
[14:07]   Shai : but at some point they have to start putting it all back
[14:08]   RK : Shai can you check Asian Paints and confirm next supply level..
[14:08]   Tejpreet : And the same way no boom boom rise as no short covering in system….so better to hold positional longs.
[14:09]   Shai : correct Tejpreet- No boom Boom till they buy again
[14:09]   Janak : if bn gives up 200 pts gap up – that is not a good sign for bulls?
[14:10]   Shai : asian paint with an 835 sl can still do 861
[14:10]   Shai : but getting riskier as vol not rising at supply point
[14:10]   RK : fine will review EOD and close it..thanks.
[14:11]   Janak : nf has -35k delta at the moment! big seller shai?
[14:12]   Shai : yes selling increasing
[14:12]   Janak : short tgt shai? 170-50?
[14:13]   Janak : VAL 144
[14:13]   Shai : only if 220 breaks
[14:19]   Tejpreet : What does the row nifty h5 above min ,max,delta signify is it the volume of the bar?
[14:19]   Amit J : 2 days back i bought justdial at 1188 and sold at cost as it was not moving. shit today 1400
[14:21]   RK : Axis points down
[14:22]   Janak : shai just below VAL in the box if u can put the current delta value – we wud not need to scroll to right side
[14:27]   Janak : vah vah rmji
[14:27]   Shai : BN low taken down
[14:27]   Shai : NF pending
[14:28]   Tejpreet : icici whacked to bring bn down
[14:28]   Varun : 13:21 Varun : shai but look at nf profile at lows, tripple weak low
[14:29]   r m : 82
[14:30]   Shai : BN
[14:30]   Shai : Janak 🙂
[14:30]   r m : that was 8725 shortened!
[14:32]   Shai : 19140 broke very easy
[14:35]   RK : 18900 on
[14:37]   Shai : 8694 Sl if bullish
[14:38]   Tejpreet : Looks like big boys have enetered longs now.
[14:38]   Janak : test
[14:38]   Janak : msgs/charts everything is slow
[14:39]   Tejpreet : oi data at eod would be interesting to read.
[14:39]   Shai : 19095 res
[14:40]   Tejpreet : Shai can you take a look at icici .
[14:42]   Shai : breaks 333 can drop to 325 by Mon
[14:43]   Shai : res still 338
[14:43]   Amit J : shai trend day?
[14:44]   Tejpreet : ok..thanks.
[14:44]   Shai : Janak has killed BNF today
[14:44]   Shai : For the info of all here, Janak has always had this uncanny ability to pick up good BN trades
[14:45]   Shai : No Amit not trend day as 2 side movement is there
[14:46]   Amit J : than what type of day today.
[14:49]   Janak : shai i am mighty pleased with ur kind words
[14:49]   Janak : ask for any boon – and i shall pass it on to rm for granting ;-
[14:49]   Shai : normal variation negative extension down
[14:50]   Shai : one buyer at 8694
[14:50]   Kathir : true shai 🙂
[14:53]   Shai : vwap band is there but selling vols still coming
[14:54]   Janak : test
[14:56]   Shai : 8640 ?
[14:57]   RK : Shai 8616 pls 🙂
[14:57]   Janak : test
[14:57]   Janak : i have everything slow here shai – suddenly what happened man?
[14:59]   Janak : test
[15:00]   Shai : charts are fine
[15:00]   Shai : Just heavy volumes hitting
[15:00]   Shai : what is current NF price on your screen?
[15:01]   r m : @Janak, happening since morning, market sped up but communication did not 🙂
[15:04]   Janak : bn tanked from 300 like a rocket
[15:04]   Shai : 18780 minor tgt reamins
[15:05]   r m : all hypo objectives met on downside 🙂
[15:05]   Shai : This is an anti climax- sustaining below vwap bands on big volumes
[15:06]   Shai : buyers have failed below POC test
[15:07]   Amit J : looks like some huge negative coming
[15:10]   Shai : 18825
[15:10]   Shai : Looks like RK will have to call the security van to collect from the broker today 🙂
[15:10]   Shai : 8612
[15:10]   RK : Shai :))
[15:11]   Shai : see the sell vols
[15:11]   Shai : extremelr rare to see
[15:11]   RK : surprise panic..cancelled many sell trigger orders from many stocks..almost all in watchlist gone to sell and holding incl BNF 🙂
[15:12]   RK : best part it offloading asian and tatasteel at top 🙂
[15:13]   Shai : 8612 spot low
[15:13]   Shai : positional players watcg that 8785 spot band
[15:13]   Shai : Vol expansion completes at 8586 tom
[15:13]   Shai : so no longs today
[15:14]   Shai : 8586 F
[15:16]   Amit J : MO will come at -70 today
[15:16]   Kathir : 🙂
[15:17]   r m : 😀
[15:18]   Shai : pharam and pse oly positive
[15:18]   Kathir : nice RK ..even you are right with cricket match also 🙂
[15:19]   Shai : look at the volume of that 15 min candle abt 14- 19166675: huge
[15:19]   r m : @Amit, just -31
[15:19]   Amit J : ok i thought would crash from todays low adv decline
[15:19]   Amit J : thanks
[15:22]   Shai : 8640 F res tom
[15:22]   Shai : tgt goes to 8586/ 8532
[15:22]   Shai : sl for all shorts abv at 8675 where we had that huge POC a few days back
[15:23]   Kathir : my messages reaches there only after 5 6 mins..so i say bye all now 🙂
[15:24]   Shai : Will speak to Omnovia about the message issue- Hpefully will get rectified tom
[15:24]   Shai : this done- (15:04) Shai :18780 minor tgt reamins
[15:27]   r m : me too, bye folks, have a great evening 🙂
[15:29]   Shai : prem is only 5 in NF
[15:30]   Amit J : how much more pain likely in this expiry
[15:30]   RK : great day..thanks all..thanks Shai..bye
[15:31]   Shai : Bye all
[15:31]   Shai : Have a nice evening