OrderFlow charts and Notes 20/11

[08:59]   r m : Good Morning folks!
[08:59]   Porus : GM all
[08:59]   r m : http://vtrender.com/levels-and-plan-for-2011/
[08:59]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1911/
[08:59]   r m : NF Hypo1 Above 8408➜8430-8433➜8470 SL 8392 Hypo2 Below 8408➜8386➜8355 SL 8418 All Levels NOV Future
[09:00]   r m : BNF Hypo1 Below 17637➜17540➜17499 SL 17697 Hypo2 Above 17705➜17750➜17788 SL 17670
[09:06]   Shai : GM all
[09:06]   Ravi : gm shai,,
[09:06]   Ravi : rm
[09:07]   r m : Hi Ravi
[09:07]   Ravi : little confusion on nf …both are at 8408 (long andshort)
[09:08]   r m : Yes, but likely to open near 8430 as per pre-open
[09:08]   Ravi : ok
[09:10]   Shai : Ravi 8408 an imp bias level
[09:10]   Shai : long abv it an short below it
[09:10]   Ravi : ok shai
[09:10]   Shai : can keep 5 point filter just for the trade
[09:10]   Shai : Yesterday was a DD
[09:11]   Shai : More likely we fill up the DD region of the B between 8408- 8430 this morning in a 2 way auction
[09:12]   Shai : and becuase it was a DD if it goes in the upper value area it easily reaches 8460/8470
[09:12]   Shai : uppr value area starts around 8430- 8438
[09:13]   Ravi : thanks shai. rm
[09:14]   r m : welcome
[09:14]   Sharad : GM all
[09:17]   Shai : spot traders will watch 8406 tday
[09:20]   Assortz : GM Shai, RM and all
[09:20]   r m : Hi Assortz, welcome 🙂
[09:20]   Shai : Welcome Assortz
[09:20]   Assortz : tks 🙂
[09:21]   Sumit : gm everyone
[09:24]   Shai : auctiion has opened up around 8408
[09:24]   Shai : No bas yet
[09:25]   Shai : bias
[09:26]   Shai : BNF now makes a good short on every rise to 17750 with sl of 17790 for 17540 in the next 2 days till friday
[09:29]   Ravi : shai ..17750 or 17650?
[09:38]   Sharad : INR 62.20
[09:50]   Kathir : Good morning Shai RM and all friends
[09:52]   r m : Hi Kathir
[09:54]   Shai : Ravi 17750 for the trade idea
[09:54]   Shai : Open in NF has been trending lower
[09:55]   Shai : In such a case we should see 8355 today
[09:55]   Shai : sl is still 818 or 8420 day high
[09:55]   Shai : can sell beow IBL now after 10/15 with sl at vwap
[09:57]   Ravi : ok shai….
[09:58]   Ravi : shai ibl@
[09:58]   Shai : usdinr 62.25 was a possible pit stop
[09:59]   Shai : want to see it pullback to 62.06 and then go to 62.65
[09:59]   Shai : not good for Nifty bulls if we see that 62.65
[10:00]   Sharad : high is 62.30
[10:00]   Shai : yes
[10:00]   Ravi : shai…can u say about ibl
[10:01]   Shai : first hour low is IBL
[10:01]   Ravi : thanks shai
[10:01]   Shai : grey patch on screen is IB
[10:02]   Chiranthan : Is anybody able to close the popup that has appeared in nest zerodha
[10:04]   Sharad : yes
[10:04]   Chiranthan : ok
[10:14]   Shai : IB is done
[10:14]   Shai : 8387 pdl is also IBL
[10:15]   Sharad : Shai can we go lower to 17545 ?
[10:15]   Shai : on 2 counts now we need to see selling below 8286 now – sl wll be vwap when that happens
[10:15]   Shai : Sharad yes
[10:15]   Shai : BNF is back in the 17750- 17550 range
[10:15]   Sharad : can short with SL of 17653 VAL
[10:16]   Shai : No- now short below pdl or higher
[10:16]   Sharad : ok
[10:23]   Amit J : hi shai any view on bank of india
[10:27]   Porus : Shai, MT levels for Cairn pls
[10:35]   Shai : sure
[10:37]   Shai : banindia on way to 268 supp
[10:38]   Shai : below268 can fall upto 244
[10:39]   Shai : res now defined at 282
[10:40]   Shai : cairn has good MT support at 248/ 250
[10:41]   Shai : aggressive longs can be initiated in cairn around 248- 250 with stops below 220 on clsoing basis for 295/ 326
[10:41]   Porus : ok thanks
[10:42]   Shai : wc
[10:51]   Shai : The ong trade now in NF is 8420 to 8438 with sl of 8406
[10:51]   Shai : *long
[10:58]   Shai : BNf can do 17710 from here 17660, s; of 17622
[10:59]   Shai : turning into normal day – initial selling has been arrested
[10:59]   Shai : delta is positive
[11:04]   Rahul G : charts nt moving
[11:25]   Amit J : 80% in bn?
[11:28]   Shai : possible
[11:34]   Shai : sl vwap for that trade
[11:44]   Janak : 2 pink OF + Nf delta -ve VS. BN Delta positive = ?
[11:52]   Janak : well got the answer 🙂
[11:52]   r m : 😀
[11:53]   r m : @Janak, very difficult for NF to go up when Kris is holding PEs 🙂
[11:53]   Janak : is he?
[11:53]   Janak : where is he btw?
[11:53]   r m : yeah, since last week i think, acting as a brake on the bulls 🙂
[11:54]   r m : just tracked his tweets
[11:54]   Janak : ok
[12:03]   Janak : shai can u pl show compressed bn chart for last 3 days – ie to see the seller from 770 levels is calling the shots?
[12:03]   r m : https://www.dropbox.com/s/ir0pt9zz11kaeu9/swing_BNF_delta.png?dl=0
[12:04]   Chiranthan : target for nf short below ibl?
[12:04]   Shai : 8355
[12:04]   Shai : BNslo was taken on that long idea
[12:05]   r m : @Janak, it is in the Documents folder on right bottom, both swing nf delta and swing BNF delta
[12:05]   Janak : ok rm thnx
[12:22]   Shai : 8400 ce now clearly below multi day value of 50 now tgt 20
[12:24]   Shai : 8300 ce has to break 81 , then can move down to 55
[12:24]   Shai : option charts : http://vtrender.com/nifty-option-charts-19nov/
[12:27]   Janak : 600 is a strong support shai?
[12:27]   Janak : lot of resistance
[12:27]   Janak : in going down
[12:34]   Shai : yes cleat path below 540 to 300
[12:35]   Janak : today 550?
[12:37]   Janak : but overall long of is still blue
[12:37]   Janak : large OF i mean
[12:39]   Kathir : @shai nifty spot below 8360 what is next levels
[12:39]   Janak : buers!
[12:40]   Janak : charts froze
[12:42]   Chiranthan : can again initiate nf short here?
[12:44]   Kathir : @shai for shorts now NF Sl would be vwap or days high?
[12:44]   r m : should be vwap +
[12:45]   Kathir : ok
[12:45]   Sharad : janak , RM Krish exited his PE position
[12:45]   r m : @Sharad, thanks 🙂
[12:45]   r m : Bulls can breathe easy now 🙂
[12:46]   Kathir : 🙂 he will be busy with world chess too
[12:46]   r m : yeah
[12:46]   Kathir : 9th round today
[12:48]   r m : @Kathir – (10:15) Shai :on 2 counts now we need to see selling below 8286 now – sl wll be vwap when that happens
[12:49]   r m : so once NF moved below 8386, stop should be above vwap
[12:50]   Kathir : ok thanks
[12:50]   r m : 8371 is week’s low too
[12:52]   r m : BNF delta positive since morning, looks like Janak is buying 🙂
[12:53]   Janak : or its a sell-on-rise around 650-660?
[12:54]   r m : yes, that is what Shai suggested buy only near day’s high or below IBL
[12:54]   Janak : this is the 3rd attempt to clear that zone
[12:54]   r m : *but only
[12:54]   Kathir : SBI less chance to stay here…
[12:55]   Kathir : split today and trades @ 297 now
[12:55]   Kathir : 1:10 lot size now 1250
[12:57]   r m : BNF consolidated in this zone from 13th to 17th http://screencast.com/t/FHND5rWj
[12:58]   Kathir : so below 540 another 100 easy?
[12:59]   r m : yeah, could even slip down to 17300, base of earlier consolidation
[13:00]   r m : (12:34) Shai :yes cleat path below 540 to 300
[13:01]   Kathir : may be 17300 pe will be a good buy
[13:01]   r m : could be
[13:02]   Kathir : let us wait..brave hearts can buy now with 710 Sl ?
[13:03]   Amit J : SHAI YOUR VIEW ON DLF AGAIN PLZ
[13:03]   Amit J : ITS AT RANGE LOW NOW
[13:04]   Kathir : @amit yest DLF did not cross shai’s resistance zone 144..had a great shorting oppurtunity with smal SL but missed 🙁
[13:07]   Sharad : Ya Kathir… even i missed as was not at terminal
[13:08]   Kathir : @sharad i was there but i was expecting to go long or buy some CE if it crosses 144.20
[13:09]   Shai : dlf 137 tgt of the move down today/tom
[13:09]   Kathir : 137.10 low now
[13:09]   Shai : has to break 135 .6 for sustained wekness
[13:09]   Sharad : on higher side Shai ?
[13:09]   Shai : fast down move below 133.5 to 126
[13:10]   Shai : 124.7 next major supp
[13:10]   Shai : 144/ 150.6 higher res
[13:10]   Sharad : ok Thanks
[13:14]   Shai : wc
[13:14]   Shai : NF below IBL again
[13:15]   Shai : has a beter chance to break 8355 today/ tom
[13:15]   Sharad : BNF not going IBL .. don’t understand why
[13:15]   Amit J : THKS
[13:15]   Shai : possibly do the 8311- 8318
[13:16]   Shai : Amit Obama’s immigartion plocy changes will impact all of IT
[13:17]   Shai : techM, hcl, tcs
[13:17]   Shai : *policy
[13:18]   Shai : if It goes up then BNF confirms a leg down 🙂
[13:21]   Janak : no shai – bnf OTF is holding 600 and will take it to 18k first
[13:22]   Amit J : SHAI WHAT IT POC OF THAT CONSOLIDTION PERIOD OF LAST 10 DAYS
[13:22]   Amit J : IS
[13:24]   Janak : although RM DOONDOONWALA is a bear
[13:26]   Janak : since morning 600 has been defended
[13:33]   Janak : 7th time 600 defended today
[13:33]   Shai : poc 17590 bnf
[13:33]   Shai : 17600 spot
[13:34]   r m : NF above vwap
[13:34]   Janak : rm ke bhailog aa gaye
[13:35]   Janak : bole to kalti marne
[13:35]   r m : @Janak, Pondy could not pull it down, so doon guys pulled it up 🙂
[13:36]   Kathir : krishnamohan ‏@cvkmohan 2h2 hours ago20 point premium in NF with 5 trading days is not a bullish expiry at all!!
[13:48]   Kathir : @rm DD sellers on the movw now..pressing it hard
[13:51]   r m : will have to drag NF below PDL again!
[13:52]   Kathir : inform your firends 🙂
[13:52]   r m : lol
[13:57]   Kathir : @rm looks like pondy guys is not going to give up 17600 easily
[13:57]   Narendra : shai level for usdinr was 60.06?
[13:58]   Shai : yes
[13:59]   Shai : 61.87 sl now for 62.25/ 62.65
[13:59]   Shai : below 61.87 this part of the run is over and can see 61.50 quickly
[14:00]   Shai : Kathir on the subject of that expiry my view is expiry at 8350- 8370 spot
[14:01]   Shai : upside this series is over bt a small downside may still come before we close at the levels above
[14:01]   Kathir : ok
[14:02]   Janak : 48th thousand attempt today to break 600 🙂
[14:03]   Kathir : lol
[14:04]   Kathir : @shai shall but some bnf pe here
[14:04]   Kathir : buy
[14:06]   Sharad : BNF gone now
[14:06]   Sharad : dlf 136
[14:22]   Shai : BNF pe below 540 or higher near 700- 750
[14:23]   Kathir : ok thanks
[14:23]   Kathir : now bnf short means vwap Sl shai
[14:23]   Chiranthan : strike price for bnf?
[14:24]   Kathir : my view 17300 will be a good returns
[14:24]   Kathir : based on 17300 trgt below 540 means
[14:24]   Shai : Chiranthan 17300 strike if we break 17540 else 17500 higher
[14:25]   Chiranthan : ok
[14:25]   Shai : don’t go with 17300 if buying at 17700- 17740
[14:25]   Kathir : ok
[14:27]   Shai : 17500 pe it it climbs abv 153 will go to 200
[14:27]   Shai : possibly 286
[14:27]   r m : NF back in IB once again!
[14:28]   Amit J : banknity single print
[14:28]   Porus : CNXIT showing strength now
[14:36]   Janak : brilliang bull-trap
[14:36]   Janak : around600
[14:46]   Shai : shorts cutting out
[14:46]   Shai : BNF does 17680+ it will make an FA
[14:48]   Shai : usdinr dipped to 62.02 and now back abv 62.06
[14:49]   Sharad : today is very mix … what about tomorrow friday?
[14:49]   Sharad : up or down ?
[14:51]   Shai : more likely a flat close around 8420 F
[14:52]   Shai : BNF could also close around 17650 on the weekly F
[14:53]   Sharad : ok
[14:54]   Amit J : shai superb comment on IT
[14:55]   Shai : 🙂
[14:56]   Amit J : techm press conf for some announcement
[14:56]   Shai : IT- http://screencast.com/t/aJEPCaC1xC
[14:56]   Shai : ok
[14:59]   Shai : within the bracket of 8350- 8460F for 2 days now we have seen the NF below VAL but unable to do much below IBL
[14:59]   Shai : sellers prefering higher levels to short
[15:02]   Shai : adani went below 490 to the 474-470 support level
[15:02]   Shai : longs can be tried for 505- 525 with sl of 468 cash
[15:03]   Shai : dlf bouncing upwards again from sup zone of 134- 136
[15:04]   Shai : cairn is back to 266
[15:05]   Shai : all movements happening in stocks as the NF sleeps 🙂
[15:07]   Shai : Big change this week has been in 8300 and 8400 puts : http://screencast.com/t/D34NT8Bz9X
[15:08]   Shai : underlying bullishness still intact though momentum of the upmove from 7700 is long over
[15:08]   Sharad : put interest increased in 8300 and 8400 both
[15:10]   Shai : yes
[15:11]   Sharad : so it is bearish… as FII buying Puts
[15:11]   Shai : even today big writing at 8300
[15:11]   Sharad : yesterday FII bot 60000 puts
[15:12]   Sharad : lots
[15:12]   Shai : today’s canot be buying as price is under vwap
[15:12]   Sharad : will know after close
[15:15]   Sharad : Shai is there any chance we can go to 8450 tomorrow
[15:15]   Shai : FA at 17565
[15:16]   Sharad : 8450 ? any chance tomorrow
[15:16]   r m : @Sharad, NF seems willing to do that today itself 🙂
[15:17]   Sharad : want to buy put that is why asking
[15:17]   Shai : 8438 poss
[15:17]   Shai : abv 8438 it should do 8466/70
[15:18]   Sharad : ok Thanks will buy around 8435-38
[15:24]   Amit J : techm
[15:25]   Kathir : NF DELTA -200 STILL
[15:29]   Sharad : this minus delta will show its power tomorrow
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Amit J : doji
[15:30]   Sharad : bye all
[15:30]   Amit J : bye
[15:30]   Chiranthan : bye
[15:30]   Clay : bye
[15:31]   Shai : Bye all
[15:31]   Shai : Have nice eve’
[15:32]   Kathir : thanks and bye all