OrderFlow charts and Notes 23/11/15

Room Name: Vtrender
Date and Time: November 23, 2015 09:12:01[08:43]   r m : Good Morning folks!
[08:43]   r m : http://vtrender.com/levels-and-plan-for-23rd-nov/
[08:43]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-23-nov-27-nov15/
[08:43]   r m : http://vtrender.com/orderflow-charts-and-notes-201115/
[08:43]   r m : http://vtrender.com/consolidated-orderflow-201115/
[08:43]   r m : Nifty NOV Future levels | KRA 7918 | Hypo1 above 7884➜7920➜7993 SL 7830 | Hypo2 below 7816➜7781➜7752 SL 7867
[08:44]   r m : Banknifty NOV Future levels | KRA 17345 | Hypo1 above 17198➜17336➜17626 SL 17090 | Hypo2 below 16920➜16877➜16790 SL 17025
[08:44]   r m : Nifty Spot Weekly levels | Support 7830/7785/7630/7585 | Resistance 7925/8038/8090
[08:44]   r m : Banknifty Spot Weekly levels | Support 16740/16600 | Resistance 17300
[08:47]   Porus : Hi RM and all
[08:47]   r m : Hi Porus
[09:02]   Venkatesan : gm shai, rm and to everyone
[09:04]   r m : Hi Venkatesan
[09:05]   Tejpreet : GM All.
[09:05]   Shai : GM all
[09:08]   Mahendra : Good morning to all
[09:09]   Santosh : Gm all
[09:10]   Sharad : GM all
[09:13]   RK : GM Shai,RM and all
[09:13]   Ashish : GM all
[09:14]   Chandramouli : GM all
[09:14]   r m : Hi RK
[09:15]   Sandeep69 : gm all
[09:16]   Mahendra : i dont see data updating
[09:17]   Shai : It’s takes up to 2-3 minutes at the Open sometimes to update the value and levels on the charts
[09:17]   Shai : back live now
[09:18]   Mahendra : ok
[09:19]   Shai : 7825 and 7925 to watch today/ tom for price to confirm. 7785 and below confirms a break down
[09:20]   Gaurav A : gm all
[09:20]   Shai : BNF has more chances of a sideways auction
[09:22]   Shai : the blue dots on the charts btw bid and ask are the closing prices of the bar
[09:24]   Shai : there is also a square box abv/ below the 5 min bar which is calculating the delta componenent real time and will close at the bar change
[09:31]   Shai : largely an OAIR
[09:31]   Shai : volume is not great at the open
[09:31]   Shai : and already dying
[09:32]   Shai : agenda seems to be a repair of the 7840- 7885/95 zone
[09:58]   Anay : GM All
[09:59]   RK : Hi Anay GM 🙂
[10:01]   Shai : (10:01) Shai :exit the balance in 8000 ce dec : (11:30) Shai :Buy Dec 8000 ce at 105 sl of 81 tgt 132/ 165
[10:07]   Shai : those dec buyers who took the index up on friday are not in today yet
[10:08]   RK : I think they quit by EOD on Firday itself whatsoever reason may be..
[10:09]   RK : strange price action esp in BNF on that upmove to 17350 and downmove towards close on Friday
[10:16]   Ashish : Algo..
[10:18]   RK : Shai Algo is rollover?
[10:19]   Gaurav A : shai we are maintaining abv 7840-60 spot can we long with 7835 F sl
[10:24]   Tejpreet : Odd time for algo !
[10:29]   Shai : could be a rllover
[10:29]   RK : fine
[10:31]   Porus : vix p to 17+
[10:31]   Porus : *up
[10:31]   r m : yes, vix going up with hardly any change in nifty!
[10:33]   RK : RM maybe index not going anywhere causing panic 🙂
[10:33]   r m : lol
[10:35]   Shai : A fed meeting called today in US mkt hours
[10:35]   r m : ok
[10:35]   r m : Thanks
[10:35]   Sandeep : shai, if bnf expected to be sideways this expiry, how does sell 16500 pe and 17500 ce strangle look for a total of 40…OI high on these strikes
[10:36]   RK : RM hope Yellen wont go in for Nov Rate hike 🙂
[10:36]   Sharad : I think people buying futures and to hedge buying puts too ….so VIX increasing….result can be spike up
[10:36]   r m : @RK, 🙂
[10:39]   Shai : Sandeep looks good – Buy dec puts or calls if either 16870/ 17250 breaks on 30 min basis to safeguard
[10:40]   Sandeep : thanks shai
[10:44]   r m : 7850 war like Battle of Plassey 🙂
[10:44]   Shai : 🙂
[10:44]   RK : Shai can we have Dec FP in the charts?
[10:45]   Rahul P : FA vs OD
[10:45]   Rahul P : @ 7850
[10:45]   Venkatesan : OD? rahul
[10:46]   Shai : DEC FP on right most
[10:47]   Rahul P : OD = open drive
[10:47]   Venkatesan : t u
[10:49]   Shai : Sell NF near 7858/ 60 sl of 7882 tgt 7824/ 7816
[10:49]   Shai : sell a limit order near vwap/ val
[10:59]   RK : thanks for DEC FP Shai
[11:01]   Shai : 🙂 Welcome
[11:01]   Shai : that dec FP was alll green on the rie to 7920plus on friday ind ec F
[11:02]   RK : Yes
[11:02]   Gaurav A : shai as per weekly blog abv 7830 /(7840-60 previous week resistance) will go for 7930-40
[11:09]   Chandramouli : USDINR@66.37(+0.19)
[11:19]   Shai : yes Gaurab 7787 sl spot
[11:19]   Gaurav A : 🙂
[11:20]   Shai : Exit NF short trade 7870
[12:04]   Tejpreet : Huge volume br in NF 5 min.
[12:15]   Shai : yes
[12:15]   Shai : has been a poor range so far
[12:15]   Venkatesan : shai howcome huge volume xchange without price move?
[12:15]   Shai : rollover
[12:17]   Venkatesan : ok thank you
[12:17]   Gaurav A : another bhejha fry session 🙁
[12:31]   Janak : where is bhagya and what are the trades he/she is taking?
[12:31]   Janak : sorry i dont know bhagya is a man or a woman – as both the genders have that name
[12:31]   Janak : like bhagyaraj and bhagyashri 🙂
[12:31]   Venkatesan : :))))))
[12:32]   Janak : btw – bhagya – in a lighter vein – i am Asin – do jism ek jaan :_0
[12:33]   Janak : asin is getting married to some rahul sharma – rm sharma dost – dagaabaaz rm ;-0
[12:33]   r m : dost dost na raha 😀
[12:33]   Janak : asin asin bhi nahin rahegi ba ::
[12:34]   Janak : atleast nf/bn ko to girao ab 🙂
[12:34]   r m : It is amazing Janak that besides trading umpteen scrips you can monitor all those gossips too! 😀
[12:34]   Janak : those who have umpteen interests in life can do umpteen things everywhere ;
[12:35]   r m : lol
[12:35]   Janak : only i wish i could know kris’and bhagya’s trades and imitate their success
[12:35]   Janak : 🙂
[12:35]   r m : trade can be imitated but success can’t be 😀
[12:37]   Janak : its like saying u can be a daniel crag but u cant be a connery? ;;
[12:37]   Janak : shai pl give a sell order here man
[12:37]   Janak : 7800/16900 targets 🙂
[12:37]   r m : success is the whole thought process, trade is one single action derived from that thought process 🙂
[12:38]   r m : all these dialoguebazi can happen only when NF is forming a D 🙂
[12:38]   Janak : ha ha ha
[12:49]   Anay : lol
[12:57]   Janak : bn awaiting the master’s short call before taking a plunge?
[13:01]   Shai : yes it ‘s a sell
[13:02]   Janak : bas rm hritik ko bulao aur fir let the bn sing – idhar chala mein udhar chala 🙂
[13:02]   r m : 🙂
[13:04]   Shai : Sell BNF 17035- 45 sl of 17090 tgt 16950
[13:15]   Janak : shai nf can do 7835/25?
[13:17]   RK : Shai we got poor high today in NF?
[13:20]   r m : I think it is a balanced profile so far
[13:21]   RK : RM can you post a image?
[13:21]   RK : both NF and BNF profiles?
[13:21]   r m : sure
[13:21]   RK : thanks
[13:22]   r m : http://screencast.com/t/N4VVatfWWs
[13:23]   RK : yes..dravid kind of book play 🙂
[13:23]   r m : lol
[13:24]   Janak : sehwag ko bulao bhai!
[13:24]   Janak : gaana gaate gaate chakka mare
[13:24]   r m : http://screencast.com/t/DO7sonXQpQ
[13:25]   RK : then this low of NF has all the importance with the ref of 19th trend day POC
[13:43]   Janak : amazing call shai thnx – booked some at 975
[13:43]   Tejpreet : Shai is there a lag in our data or sharing causes the lag !
[13:43]   Janak : trust the bear-shai 🙂
[13:43]   Janak : any day
[13:47]   Ashish : boguth NF
[13:47]   Ashish : bought*
[13:52]   Janak : ashish?
[13:52]   Shai : Book 50% BNf 16980 bring sl to cost 17040 on rest
[13:52]   Janak : aag se khlene ka shauk he man? 🙂
[13:54]   Ashish : kabhi kabhi khel lena chahiye, waise bhi thand bhadh gayi hai yahaan….thoda haath garam kar lein ;
[13:54]   Shai : Tejpreet no lag just few millisecs which changes based n the viewing monitors
[13:55]   Shai : 7820 balance of last week
[13:55]   Janak : lo
[13:55]   Janak : lol
[13:56]   Shai : have not probed abv 7884 all day which is the big seller of friday
[13:56]   Janak : u can stil go against shai-the-bull but if u try ur hands against shai-the-bear – wait and watch:-)
[13:56]   Janak : actually shai ur original call is playing out here – 10:49 Shai : (10:49) Shai :Sell NF near 7858/ 60 sl of 7882 tgt 7824/ 7816
[13:56]   Ashish : can’t take big risk with longs. keeping 7810 as a stop Janak bhai
[13:57]   Tejpreet : Yes Janak based on that original one got into 8000 put at 130 odd booked out at 170 odd!
[13:57]   Ashish : cool Tej 🙂
[13:58]   Shai : Yes Janak – that move abv vwap was a problem for me then
[13:58]   Tejpreet : I fully agree with Janak ..Shai the bear is more ferocious 😉
[13:58]   Tejpreet : Thanks Ashish.
[13:58]   RK : intra anomaly repaired
[13:59]   Ashish : Shai, 7900 CE Nov. got buyers @ lows?
[14:00]   Shai : 7800 ce nov has more
[14:00]   Shai : 7900 ce may resist at 25
[14:00]   Ashish : OK Shai, thanks
[14:02]   Bhagya : Sold nifty fut with stoploss of 7863
[14:02]   Bhagya : bought 7900 Puts
[14:02]   Ashish : Oh teri
[14:05]   Shai : don’t be long is 7816 breaks, may slide to 7780
[14:05]   Shai : if*
[14:06]   Ashish : AJ is live and nifty is reacting
[14:08]   Janak : bhagya appears! and how!!!
[14:09]   Janak : bhagya on shai’s side – this mkt is going to dogs now 🙂
[14:09]   Shai : 7885 F was an iceberg order on Friday- some 1 kept selling there even when they were down 40 to 7925
[14:10]   Shai : there was another 7875 order there prior to 7885 last week
[14:10]   r m : @AAshish, AJ should be made a Jain muni with cloth wrapped over his mouth 🙂
[14:10]   Shai : and 2 buy attempts at 7777F in the week gone by
[14:11]   Ashish : LOL Rm:)
[14:13]   Janak : BJP may loose in Guj local election
[14:19]   Shai : BNF tsl taken
[14:25]   Bhagya : covered shorts
[14:25]   Bhagya : retracement not good
[14:27]   Janak : jetli live – Unacceptable level of Bad loans in Indian Banks-Finance Minister Arun Jaitley
[14:27]   Janak : 🙁
[14:27]   Janak : bhagya out of shorts – bhago rm 🙂
[14:28]   r m : 🙂
[14:32]   Gaurav A : kaha ja rahe janak bhai ap
[14:32]   Janak : but still looks still ok for 7800 to me Gaurav
[14:32]   Tejpreet : Can some one confirm Nov vwap ….as per my data it is 7914 NF.
[14:34]   Gaurav A : great
[14:34]   Gaurav A : will add @7800 🙂
[14:34]   Janak : rm can tell more with option data as if some more 7800 is written – the pressure will be there
[14:35]   r m : @Tejpreet, till yesterday EOD spot vwap for NOV was 7925 in my charts
[14:35]   Tejpreet : Thanks RM .
[14:37]   r m : NOV Fut is 7914 like you said 🙂
[14:37]   Ashish : Ami VWAP is 7912 @ Tej
[14:38]   RK : RM expiry around 7920? 🙂
[14:41]   r m : http://screencast.com/t/k7YK2rxB
[14:41]   Tejpreet : Yes RK play would be for 7900 call/put .
[14:41]   r m : that is near upper range of NOV value area
[14:44]   Tejpreet : Thanks Ashish for vwap.
[14:45]   Ashish : coviction helps 🙂
[14:46]   r m : yes Ashish, your conviction and Bhagya’s short covering combo helps even better 🙂
[14:46]   Tejpreet : Good one Ashish!
[14:46]   Ashish : thanks tej and RM
[14:47]   RK : Sep and Oct we had expiry almost around VWAP..
[14:48]   RK : Aug was far away about 300 points..and July was about 60-70 points away..
[15:02]   Shai : 7920 spot vwap nifty
[15:07]   Bhagya : good i covered early my shorts becoz retracements were bad
[15:07]   Bhagya : again now it is over and seeing for sell
[15:07]   Ashish : Ashish : Shai, can carry forward Nifty longs here?
[15:08]   Shai : (15:08) Shai :No Ashish not a carry in NF
[15:09]   Shai : we have a poor low in NF today
[15:09]   Ashish : Thanks a lot Shai
[15:13]   Shai : NV down today, traded below vwap, val and IBL. Bulls have to come heavier tomorrow
[15:14]   Shai : the wrb bar is 7822 low and a supp tom
[15:14]   Rahul P : NV ?
[15:15]   r m : normal variation
[15:15]   Shai : normal variation
[15:15]   Rahul P : ok, thanks
[15:16]   Venkatesan : significane and how to use NV shai?
[15:16]   Abhishek : wrb?
[15:17]   r m : wide range bar
[15:17]   Abhishek : ok thanks
[15:17]   r m : the black bodied one 🙂
[15:18]   Shai : Venkatesan it’s just to know where the range extension is- below IBL seller marginally stronger on day
[15:19]   Venkatesan : thank you shai
[15:19]   Shai : in context of friday it tells you that friday upmove has been negated for now and the bulls have to come back again or else we go one more tme lower
[15:20]   Venkatesan : thank you and where is nv figure shai
[15:21]   r m : @Venkatesan, only one side break from IB is normal variation
[15:21]   r m : both side is neutral and no break is normal 🙂
[15:21]   Venkatesan : ho god thank you shai, i am very poor
[15:22]   Venkatesan : thank you rm ji
[15:22]   r m : welcome jee 🙂
[15:24]   Gaurav A : inside day
[15:24]   Gaurav A : shai ur take on it long /short ?
[15:26]   Shai : sellers day today
[15:26]   Shai : close at vwap/ dpoc
[15:27]   Gaurav A : ok
[15:29]   Gaurav A : bye all
[15:29]   Janak : gap down is on
[15:29]   Venkatesan : thank you and bye all
[15:30]   Tejpreet : Bye All.
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Ashish : Bye all
[15:30]   Chandramouli : Bye all
[15:30]   Shai : Bye all
[15:30]   Abhishek : thanks and bye all
[15:30]   Shai : have a nice evening
[15:31]   Porus : bye all

Room Name: Vtrender
Date and Time: November 23, 2015 09:12:01[09:22]   Abhishek : what’s happning with icici bank
[09:25]   Sandeep : shai, your views on bank of india for longs?
[09:27]   Shai : largish open move dominated by a seller, 267 is still res in icicic
[09:29]   Shai : bankindia has been flat – 127 is a good supp and if it holds may move to 136.6
[09:31]   RK : Shai Hero second part of last week had some intraday spikes..Thursady and Friday had some huge volumes and prices couldnt sustain higher levels and closed lower..but still feeling bullish on the stock..can you share your views?
[09:33]   Ashish : Shai, UPL targets on upside please.
[09:35]   RK : Hero today spot O=L
[09:39]   Shai : hero ope drive – looks good to test the seller at 2640 ad 2674
[09:39]   Shai : 2674 is the big res
[09:41]   RK : thanks Shai..Yes 2674 was a minor resis but last week move stalled there with higher vol selling there made it maor resis now..
[09:41]   RK : *major resis
[09:41]   Shai : yes
[09:42]   Shai : there was an earlier excess and price closed down after restest
[09:42]   RK : Asian paints upgraded and TTM downgraded by some brokerages..just for info of people who track them..
[09:42]   RK : Yes..it had a swift reversal after that retest
[09:43]   Shai : upl 453 intra on break below 461
[09:44]   Shai : looks like a high vol rejection of the highs in UP , don’t be long if below 461 + small filter in intra
[09:44]   Shai : UPL*
[09:44]   Ashish : Thanks Shai
[09:45]   Tejpreet : RK thanks for heromoto alert booked 25 points now.
[09:47]   Shai : UPL approves merger with Advanta
[09:47]   RK : Tej cheers 🙂
[09:47]   Shai : Yeah good spot that one hero
[09:48]   Ashish : Yes Shai, that news was the case for longs but it got hit badly
[09:50]   Shai : profit booking Ashish
[09:50]   Shai : may come back in afernoon if fundmentals of the story are right
[09:51]   Ashish : OK Shai, keeping day’s lows as stoploss now for longs
[09:55]   Shai : http://www.livemint.com/Money/TMwxct9LxV4M6MKrzmzqzN/FO-volumes-plunge-after-increase-in-size-of-minimum-contrac.html
[09:55]   RK : Yes read it
[09:57]   RK : but they talk about contracts instead of value
[09:57]   Tejpreet : Would love to see some research on effect on options volume and liquidity after this increase in lot size .
[09:58]   r m : yep, I did not notice a sizeable difference in terms of quantity, contracts are naturally less now
[09:58]   Tejpreet : Especially options liquidity based on bid ask spread.
[09:59]   RK : true RM
[10:07]   RK : Shai Tisco last week couldnt pass through that 233-35 band..failing to hold here can take it back to 220-15 on weekly basis?
[10:09]   Shai : tata steel looks wek already and close below 229 today is further conf – can drop to 224 / and yes 219
[10:10]   RK : thanks Shai..
[11:01]   Nandesh : upl below 451 … new target and SL
[11:03]   Shai : with 454 as strict tsl – 444 possible
[11:03]   Shai : it’s news based volumes so restrict qty size
[11:03]   Nandesh : ok
[11:04]   Shai : hero is a drive up and done 2640
[11:33]   Ashish : Shai, Ultracemco above 2790. Looking good now for 2950 levels?
[11:38]   Shai : ye close abv 2825 better , intra day should not come below 2787
[11:42]   Ashish : Thanks Shai
[11:42]   Ashish : Shai, Stoplosss for tatamotr shorts?
[11:56]   Shai : ttm 407 sl intra and 412 for rest of the week but only a close below 397 can bring weakness
[11:57]   RK : news based low in the morning attracted buying in TTM which confirms still strength in the counter..may be one more hit to that 410-415..
[12:12]   Nandesh : tatasteel below 224 .. target and SL
[12:14]   Shai : 219 obj
[12:14]   Nandesh : ok.. if short here then sl
[12:14]   Shai : intra move may be done 224
[12:15]   Nandesh : ok
[12:15]   Ashish : Thanks Shai
[12:15]   RK : Tisco made exit now..so should make good move guys 🙂
[12:16]   Ashish : Yes Rk, got into shorts because of news flow
[12:16]   RK : what news?
[12:16]   RK : my net is poor today..in and out here so cant see any msgs in stocks tab
[12:17]   Ashish : Downgrade news
[12:17]   RK : oh ok..thanks
[12:19]   Ashish : Heromoto attempting to 2670 now
[12:27]   Janak : shai can sell cipla at 639 for 635 and below?
[12:34]   RK : Shai Hdfc for shorts below 1190 worth now?
[12:39]   Shai : yes cipla short for 635 revisist sl abv 642
[12:40]   Shai : hdfc driving down for 1184 sl abv 1202
[12:40]   RK : thanks
[12:48]   Janak : thnx shai
[13:09]   Ashish : @RK, any trade in Dr. reddy??
[13:10]   RK : Ashish reluctantly gone buy in the morning @3400..but price stays there and no move..will quit if day’s low goes..looking for 50-60 for intra and not ready to go positional yet
[13:12]   RK : Keep a watch on BPCL..CRude 3% down but its hitting base of that move started last week..
[13:15]   RK : Ashish got DC..if posted any reply, pls post again 🙂
[13:21]   Janak : bpcl down 2% from day high 922
[13:22]   Janak : stock of the last 4 sessions is petronet – from 200 to 230 after the results!
[13:22]   Janak : lot size 3000!
[13:39]   Ashish : Thanks RK, just read your messages
[14:03]   Shai : eyes on Maruti- puuting a neutral extreme at top today.see 4693 as support below and supports at 4630/55 for the positional trend to remain intact
[14:04]   Shai : well not a neutral extreme yet, but in line for one and shows presence of second timeframe
[14:08]   Shankar : Shai can ICICI be sold here for 260?
[14:09]   Ashish : Shai, Eicher motors levels please?
[14:54]   RK : Shai you are 10 paisa off in HDFC obj :0
[14:55]   RK : 🙂
[14:56]   Shai : Shankar avoid icici for now – take a view tom as it has poor highs a supply and may probe up once
[14:56]   Shankar : sure thanks Shai
[14:59]   Shai : eicher looking good still. headed for 17150/ 17895 on cross abv .
[14:59]   Shai : RK- 🙂
[14:59]   Ashish : Thanks Shai
[14:59]   Shai : 1184 was resisting last week , nw supp
[15:00]   RK : it has been making very good moves in last 1-2 months..
[15:03]   Shai : yes
[15:04]   Shai : maruti has goe back to a neutral center – 4744 vwap-
[15:05]   Shai : could trend again in a day or 2
[15:05]   RK : one move for expiry maybe pending..better to enter when it gives any opportunity there..
[15:05]   Shai : yes
[15:06]   Shai : hero probed 2667 and back down to vwap 2632
[15:06]   RK : would have entered if got 4660 today
[15:06]   RK : Yes
[15:06]   Shai : Whatever live mint says, I’ve seen a better response from stcoks since November began and the moves are a lot more less erratic ad smooth
[15:07]   RK : exactly Shai my opinion too..we have good range and moves
[15:07]   Shai : yes stable
[15:07]   Ashish : Shai, can carry forward Nifty longs here?
[15:08]   Shai : all the speculative money is out or thinking well on entries/ exits
[15:08]   RK : many scalpers who are obstacle in the moves are not there I think
[15:08]   Shai : No Ashish not a carry in NF
[15:08]   RK : LIC forming a good base here..tmw or after expiry it could also make a good move
[15:22]   Tejpreet : Shai can you have a look at RICOAUTO , someone known to me wants to buy positional cash position.
[15:24]   Shai : rico there is heavy buying at 41 but till 45.5 is crossed for LT there is no freah buying chances
[15:25]   Shai : abv 45 stock can run and is a spiky mover
[15:25]   Tejpreet : Thanks Shai for the detailed update on Rico .
[15:26]   Shai : welcome
[15:28]   Sumit K : Shai – VISHNU levels
[15:33]   Shai : vishnu massive move today- needs follow through vols to continue- see 413 as support inti next week