OrderFlow charts and Notes 22/12/14

[08:53]   r m : Good Morning folks!
[08:53]   r m : http://vtrender.com/levels-and-plan-for-221214/
[08:53]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-1912/
[08:53]   r m : NF Hypo1 above 8270➜8328➜8380 SL 8249 Hypo2 below 8221➜8175 SL 8250 DEC Future levels
[08:54]   Porus : GM all
[08:54]   r m : BNF Hypo1 above 18610➜18672➜18753 SL 18510 Hypo2 below 18440➜18300 SL 18510 DEC Future levels
[09:01]   Sharad : GM all
[09:03]   Amit J : GM
[09:12]   Assortz : GM RM and all
[09:12]   Keshav : morning all
[09:13]   Ravi : GM to you All
[09:13]   r m : Hi Assortz
[09:21]   Keshav : rm could you post the hypos in the announcement section
[09:21]   Keshav : gets lost after sometime in the chat section
[09:21]   r m : @Keshav, afraid not, my login does not work there
[09:22]   Keshav : okay no prob
[09:22]   Keshav : i ll take it down
[09:22]   r m : you can refer on @
[09:22]   Assortz : http://vtrender.com/levels-and-plan-for-221214/
[09:22]   Assortz : Keshav you can check this
[09:23]   r m : @Vtrender twitter page
[09:23]   Keshav : cool thanks
[09:23]   Keshav : @assortz @rm
[09:31]   Assortz : VWAP is steep and time to book BNF positional long?
[09:33]   r m : looks like strong seller at 600, yesterday Open and High was 600, today 575
[09:34]   Assortz : yesterday actual pull back high was 580 and we met selling there today.
[09:34]   Assortz : keepling SL below PDL..
[09:34]   r m : yes
[09:37]   r m : S&P was at ATH on friday!
[09:37]   Assortz : 🙂
[09:37]   Assortz : santa 🙂
[09:38]   Keshav : yes, that was one powerful run up
[09:38]   r m : yeah, he visits only snowclad areas, should shift NSE to Rohtang Pass 🙂
[09:41]   Assortz : :))
[09:50]   r m : buyers trying to keep above vwap
[09:51]   Assortz : yes we have got green..it has to sustain above vwap and that could do well for buyers till europe opens
[09:58]   Amit J : 80% rm?
[09:58]   Amit J : in banknifty
[10:00]   r m : possible
[10:00]   r m : but looks doubtful to me
[10:00]   Assortz : towards VAH?
[10:00]   Assortz : 80% means?
[10:01]   r m : val to vah is the 80% rule
[10:01]   Assortz : yes thanks
[10:02]   Assortz : NF VAH – 8266?
[10:03]   Amit J : yes
[10:04]   r m : NF VA is small one
[10:04]   r m : even BNF is small one by BN standardds
[10:05]   Assortz : yes range was smaller on Friday
[10:18]   Rahul G : hello rm, if possible can you zoom in a bit
[10:21]   r m : @Rahul, may not be possible, projections are from Shai’s desktop
[10:21]   r m : will check though, don’t want to disturb the whole shebang 🙂
[10:22]   Rahul G : sure no problem at all
[10:22]   Rahul G : thanks
[10:22]   r m : welcome
[10:51]   Kathir : Hi all 🙂
[10:52]   Assortz : Hi Kathir
[10:52]   r m : Hi Kathir 🙂
[10:52]   Kathir : @RM DD bulls tired ?
[10:53]   r m : yeah, under cover (of blankets) now 🙂
[10:53]   Keshav : 🙂
[10:53]   Kathir : 🙂
[10:54]   r m : some large trades in NF, could be rollovers because they are not impacting price http://screencast.com/t/ZgbmtRHDgNh0
[10:56]   Sharad : yes RM 2000 and 3000 lot ticks coming in NF
[10:57]   Sharad : and december OI is decreasing..
[10:58]   r m : ok
[11:00]   Kathir : so 24th is settlment day this month
[11:00]   r m : yep
[11:02]   Kathir : dec 2013 nf close 6,279.35
[11:03]   Kathir : bnf 11,380.45
[11:07]   r m : 8250 strangle at 70, so writers expecting range of 8180-8320
[11:13]   r m : Just the appearance of Kathir has frightened NF & BNF!
[11:16]   Kathir : ji it is waiting for janak to come
[11:25]   r m : 🙂
[11:27]   r m : big buyer at 18472
[11:28]   Sharad : that was 1000+ lot tick
[11:29]   r m : yes
[11:30]   r m : 25025!
[11:30]   Sharad : mostly rollover happening
[11:30]   r m : ok
[11:32]   Porus : RM, can you pls post the cumulative delta for nf, bnf for dec?
[11:33]   r m : I’ll check if it is here
[11:36]   r m : daily net delta are there in amt charts http://vtrender.com/wp-content/uploads/2014/12/BNF_vol_at_price_115.png
[11:39]   r m : http://vtrender.com/wp-content/uploads/2014/12/NF_vol_at_price_115.png
[12:02]   Kathir : @rm JI
[12:03]   r m : yessir!
[12:04]   Kathir : please break the silence no more patience
[12:04]   r m : lol
[12:04]   Sharad : movement should come near or after 1 pm
[12:05]   Kathir : santa will work only during europe market hours i tseems
[12:06]   r m : Shai’s oft quoted phrase from Dalton’s MOM – what is the market trying to do – It is trying to go down from open. Is it doing a good job? No it is not doing a very good job 🙂
[12:06]   Ravi : 8200-8400 short buildup is going on both PE and CE
[12:06]   Kathir : 🙂
[12:07]   Porus : RM, the eternal optimist!
[12:07]   Ravi : Who will win?
[12:07]   r m : @Porus 🙂
[12:08]   Sharad : 8200 PE added 17 lacs…
[12:09]   Sharad : 8300 CE 850,000 added
[12:09]   Ravi : Puts are heavy and hence UPSIDE is likely
[12:09]   Sharad : yes Ravi should be ….
[12:10]   Ravi : but 8200PE 17.50 lacs added.
[12:11]   r m : IBL gone in both
[12:11]   r m : sync selling
[12:13]   Kathir : bnf hypo2
[12:13]   r m : got buyers at 18424 this time
[12:14]   Kathir : ok
[12:15]   r m : vwap band not too impressed, maybe be next time it will show some reaction
[12:22]   Assortz : 420 spot saved this time but in fut its gone way below SL
[12:22]   Sharad : If goes above IB high will it be a FA in both ?
[12:24]   Amit J : yes
[12:26]   Sharad : ok thanks i asked because it was only few ticks for seconds only
[12:26]   Amit J : it requires few tick only. lower is better
[12:29]   Sharad : ok
[12:34]   Janak : both the hypos in bn (up and down) as sl 510 – so an easy point to reverse the trade
[12:39]   Janak : vwap is the most imp moment of the day here right now – buyers will win or sellers? it can go above 600 or below 350 from here
[12:41]   Keshav : yes
[12:41]   Keshav : delta is good
[12:42]   Keshav : hopefully towards 600
[12:42]   Assortz : that fray tick at 410 says something
[12:44]   Assortz : 4 hurdles now – shai reha, VWAP,VAL, DPOC
[12:44]   r m : @Assorts, my poor man’s esignal (capture utility) could not catch any tick below 18424 🙂
[12:45]   Janak : its all upto rm and his santa team here
[12:45]   Assortz : RM same case here..it seems it gone down only to take my SL trigger..I have been a victim of fray ticks now a days :))
[12:45]   r m : 🙂
[12:46]   r m : @Janak, Santa busy frolickng in snow clad Himalayas, he has forgotten our socks 🙁
[12:47]   Janak : santa needs to do a 500 in bn today or tom to end the expiry above 19k
[12:48]   Ravi : 18473 Reha…How it is calculated
[12:48]   r m : 19k CE writers must be athiests, they have no fear in writing at 7 bucks 🙂
[12:49]   Janak : the same ce can be a lottery
[12:49]   Keshav : hmm
[12:49]   Keshav : i went short a few at 12 this morning
[12:49]   Janak : 175/- a lot so 40 lots would be 7k – 1000 qty – worth gambling?
[12:49]   r m : @Ravi, I think it is calculated from volume or single prints from previous days
[12:50]   Assortz : Keshav based on Hypo?
[12:50]   Keshav : no assortz
[12:50]   r m : @Janak, better cut a direct deal with Keshav, brokerage to bachegi 🙂
[12:51]   Ravi : Thanks. Matches with 21 EMA in my chart
[12:51]   Janak : lol
[12:51]   Janak : dabba?
[12:51]   r m : yeah!
[12:51]   Keshav : i play play extreme out of the money options to cover up my monthly brokerage
[12:51]   Assortz : it seems not a day for pink and green quite a few signals already
[12:51]   Assortz : MOnday 🙂
[12:54]   Ravi : 17800-18300PEs are written since option pain is at 18500
[13:03]   Janak : maybe the rollover business is done by now and mkt shd rally
[13:04]   Keshav : delta is going good
[13:04]   Keshav : a break above vwap should give conformation
[13:06]   Keshav : also the redline is there acting as a wall in bnf
[13:07]   Keshav : so in nf
[13:13]   Ravi : State Bank of India 24.89HDFC Bank 21.64ICICI Bank 16.44 Axis Bank 7.21
[13:13]   Ravi : 70% weightage. ICICI nad Axis in – and other 2 on +
[13:17]   Keshav : whats is this list?
[13:17]   Ravi : BNF constituents
[13:17]   Ravi : if these go up ,bnf goes up
[13:17]   Keshav : hmm
[13:18]   Ravi : icici and axis pullin down and other 2 pushing up. hence neutral
[13:20]   Keshav : @rm any good books to read about orderflow?
[13:21]   r m : @Keshav, would snoop around and let you know 🙂
[13:21]   Keshav : kay
[13:25]   Keshav : today not even a good price structure to play
[13:25]   Keshav : 🙁
[13:25]   Keshav : yesterdays vwap also playing resistance in nf
[13:26]   Keshav : need to break up it to get some clear conformation
[13:26]   r m : yes
[13:29]   Janak : crude is moving up so mkt will do the same
[13:30]   Keshav : any factor that would drive the market is okay with me
[13:31]   Keshav : if its because of some very active buying that would be double okay
[13:32]   Keshav : @janak how stable is the broadband connections in pondy?
[13:35]   Janak : bsnl is fine
[13:35]   Janak : crude is going up daily 100 atleast
[13:38]   Keshav : nf- the lone ranger
[13:44]   Keshav : bth nf and bnf deta god
[13:44]   Keshav : good
[13:44]   r m : upper vwap band also taking it easy in NF
[13:47]   Janak : it is an easy long till eod i think
[13:47]   r m : 8261.90 Volume 51950
[13:47]   Janak : those who believe technicals of this room – shd be blindly long
[13:47]   Keshav : oh good
[13:47]   r m : 18506.05 volume 2162
[13:47]   r m : 21625
[13:47]   Janak : 600 is the first tgt
[13:47]   Amit J : FA RM in nifty
[13:48]   Keshav : @janak atleast secretly long
[13:48]   r m : Yes Amit, though Shai will not consider that tick below IBL as a valid auction
[13:49]   r m : nf vwap not expanding, so likely to come back to IB
[13:49]   r m : Shai’s 8270 not touched!
[13:50]   Janak : aisa kya? abhi lo 🙂
[13:50]   r m : 🙂
[13:56]   Keshav : now if yesterdays vwap is taken in bnf. we would see some buying
[13:56]   Keshav : *could
[13:56]   Kathir : @RM shall we go for nf hypo 1 or wait?
[13:58]   Assortz : Shai was referring 8274 spot/8288 F as important levels to watchout for as many positional SL could be there..
[13:59]   Assortz : @Kathir
[13:59]   Kathir : oh ok i was asking about tadays hypo..
[13:59]   Kathir : todays
[13:59]   Ravi : what is yesterday vwap
[13:59]   r m : @Kathir, guess it should be good only above 8270
[13:59]   Kathir : yeah RM i meant that only
[13:59]   Assortz : 8254
[14:00]   r m : 18524
[14:00]   Kathir : NF trades in premium ?
[14:01]   r m : 9 point
[14:01]   Kathir : reduced much
[14:01]   Assortz : from 55 to 35 to 9 now..premium
[14:01]   r m : yes, on the path to zero tomorrow
[14:01]   Kathir : shorts coverred?
[14:02]   Ravi : long buildup is on
[14:02]   r m : newton’s cooling curve for those who remember basic science 🙂
[14:02]   r m : beta, theta, delta for modern guys 😀
[14:03]   Kathir : nf delta 636 means roll over on short side or long side?
[14:03]   Ravi : SD 3 expanding
[14:04]   r m : @Kathir, difficult to say about rollovers, in any case most of the biggies would have rolled over last week
[14:04]   Kathir : ok ge
[14:04]   Janak : rm khush? :: 8270 taken – what else? order ;
[14:04]   Kathir : nf 80% trade done
[14:05]   Assortz : BNF 80 also done
[14:05]   Kathir : janak VAH sitting there 8271
[14:13]   Keshav : janak lets do atleast 18700 today
[14:14]   Kathir : if it crosses 18610 confortably then 18700 is not a big deat
[14:14]   Kathir : deal
[14:15]   Ravi : 18300pe increased with 18600ce.May touch 18600+
[14:15]   Kathir : vwap bands not expanding accordingly
[14:15]   Kathir : charts?
[14:15]   Ravi : chart is invisible
[14:16]   Keshav : yes
[14:16]   Kathir : @rm captain come on do something
[14:17]   r m : yessir, nightwatchman,sending message 🙂
[14:17]   Kathir : lol
[14:17]   Kathir : night watchan like johnson of austalia..scores highst runs mostly
[14:18]   Kathir : and a match winner always
[14:18]   r m : this one is lazy 🙂
[14:19]   Kathir : you never accept ge
[14:20]   r m : 🙂
[14:20]   Ravi : charts?
[14:21]   Kathir : @rm ok you give one super dooper call for this setlmnt day..like 15400 pe sep – 1 to 188
[14:21]   Kathir : @ravi yes rm has sent a msg to shai
[14:22]   Kathir : @janak
[14:23]   Kathir : somebody told me if yes bank goes up bnf up and vice versa..so yes bank 15 rs up from lows 🙂
[14:27]   r m : @Kathir 🙂
[14:28]   Janak : kathir anything goes up or down – bn will go up only till 1 jan’15
[14:28]   Keshav : @janak why so ?
[14:29]   Janak : because i say so ;-
[14:30]   Keshav : 🙂
[14:30]   Keshav : then i believe
[14:30]   Kathir : @janak 🙂
[14:31]   Keshav : @shai i guess shai system lost power
[14:31]   Kathir : normally this charts will misbehave if they know shai is out 🙂
[14:31]   Keshav : hmm
[14:32]   Keshav : maybe shai could consider hosting it
[14:32]   Keshav : in a windows server maybe
[14:35]   Keshav : oh thats nice
[14:35]   Janak : close around 753 today will bring 19k tomorrow
[14:35]   Janak : BNF Hypo1 above 18610➜18672➜18753 SL 18510
[14:36]   Keshav : i would be happy even if 1 target works
[14:37]   r m : I sent msg to Shai
[14:37]   Kathir : ok thanks ge
[14:37]   r m : but nf going up without charts too 😀
[14:39]   Keshav : nice ride nf
[14:40]   Kathir : charts back
[14:40]   Kathir : nf very far from vwap band?
[14:41]   Keshav : yesterdays 3sd vwap taken out by nf
[14:41]   Keshav : a close above it will be good
[14:42]   Keshav : delta good in both counters
[14:43]   Keshav : we did 610
[14:44]   Janak : hypo1 on in bn/nf
[14:45]   Kathir : SL 18510 bnf
[14:48]   Janak : 672
[14:50]   r m : 40 points in NF from 8270
[14:50]   r m : 8328 is target1
[14:51]   r m : vwap band wonderig what happened to NF 🙂
[14:51]   r m : 2IB
[14:51]   Kathir : yeah
[14:51]   Keshav : totally
[14:52]   r m : won’t be a bad idea to part booka 2IB
[14:52]   r m : oops, it is 3IB
[14:52]   r m : 🙂
[14:52]   Janak : hold man till expiry
[14:52]   r m : 🙂
[14:54]   Janak : 19kce 6 to 15 already
[14:54]   r m : wow!
[14:54]   Keshav : best delta reading for the last two weeks
[14:54]   Keshav : i exited at 7
[14:54]   Janak : at 753 today it shd be around 25-30
[14:55]   Janak : and at 19k tom – it will be a perfect santa-gift 🙂
[14:55]   Keshav : praying for godspeed
[14:56]   Janak : 670 seller has to run for cover – he is a big one
[14:56]   Janak : so fast upmove can come in the end or tom morning
[14:56]   Amit J : RM these writers seems trapped and covering
[14:57]   Kathir : 8300 ce low 11 now 40
[14:57]   r m : yes Amit
[14:58]   Janak : tank in comm. cude be margin calls?
[14:58]   Amit J : 8200 call max writing was between 8180-7950 around 20-40
[14:58]   Janak : because people are booking loss in equity?
[14:58]   r m : 8250 pair at 82 against 70 in the morning
[14:59]   r m : BNF above target1
[14:59]   Kathir : @RM so the yes bank guys words came true 🙂
[14:59]   Keshav : now lets just close above target 1
[14:59]   r m : 🙂
[15:00]   r m : BNF at 2IB, part booking area (except for Janak)
[15:00]   r m : 🙂
[15:00]   Kathir : 🙂
[15:00]   Janak : man wait atleast till tom 11 am 🙂
[15:00]   Janak : lottery kharidi hei to lottery ko lo to sahi;
[15:00]   r m : sahee bola sirjee 🙂
[15:01]   r m : NF target1 done
[15:01]   Janak : 753 tak to wait karo 🙂
[15:02]   Ravi : 12:48 Ravi : 18473 Reha…How it is calculated.Exited at 18710
[15:03]   r m : 🙂
[15:03]   Janak : (14:54) Janak :at 753 today it shd be around 25-30
[15:03]   Janak : it is already 24 here
[15:03]   r m : well done sirjee 🙂
[15:03]   Kathir : well done JG
[15:04]   Janak : bn was a buy at 440
[15:04]   r m : @Janak, did not know that watching PK gives so much impetus to one’s trading skills 😀
[15:04]   Janak : lol
[15:04]   Kathir : why ge ?
[15:05]   Janak : hum to kahat rahe ke oo bnwa oopar hi jai – kauno hamar baat soonat hi nahi ;
[15:05]   r m : @Kathir, Janak watched it on Friday and see his actions today 🙂
[15:05]   Kathir : yeah i think the second half of the movie is super
[15:06]   Keshav : i will get tickets done for this weekend
[15:06]   Kathir : keshav dont be late do it today itself you may get a lottery for setlmnt
[15:06]   r m : @Janak, looks like you carried BNF also to the hall in your laptop to watch PK (w/t) 🙂
[15:06]   Kathir : lol
[15:07]   Keshav : i had enough luck @lottery
[15:07]   Keshav : i would just be happy to be a seller in options
[15:07]   Kathir : ok
[15:08]   Ravi : hdfc bank gave 20 Rs .It pushed bnf
[15:08]   Keshav : hmm
[15:08]   Ravi : 25% weightage in bnf
[15:08]   Kathir : axis alsoo 1.22 % up
[15:08]   Kathir : oh ok ravi
[15:09]   Ravi : 7% weightage only
[15:09]   Kathir : @whaich one axis 7 %/?
[15:10]   Kathir : @ravi do you have any link to see the weightage of banks in bnf
[15:10]   Ravi : State Bank of India 24.89 HDFC Bank 21.64 ICICI Bank 16.44 Kotak Mahindra Bank 7.27 Axis Bank 7.21 Bank of Baroda 4.93 Punjab National Bank 4.50 Bank of India 3.42 Canara Bank 3.16 IndusInd Bank 2.54 Yes Bank 2.01 Union Bank 1.97
[15:11]   Janak : with europe in green – chances of a massive gap up tom here?
[15:11]   Janak : cud well open above 19k?
[15:11]   Kathir : @ravi thanks for the info
[15:11]   Janak : thats why the bulls bought today?
[15:11]   Ravi : Always wait for hdfcbank,sbi,icici and axis..when it becomes green and buy signal is there for bnf, plunge
[15:12]   r m : http://www.nseindia.com/content/fo/fo_BANKNIFTY.htm
[15:13]   r m : 8335.70 Volume 65500
[15:13]   r m : BNF target2 18753 done
[15:14]   Janak : looks like close at day high?
[15:15]   Janak : delta in both is super
[15:15]   Janak : 410 to 772 in 2 hrs?
[15:15]   Janak : ideally they shd do 19410 by wed evening
[15:15]   Janak : 1000 pt move – xmas special
[15:16]   Janak : 825 is also on – 3ib
[15:16]   Keshav : lets do it
[15:16]   Kathir : janak you are rocking man 35 now
[15:19]   r m : aha! CE is 35! for a minute I thought that Janak is 35 🙂
[15:19]   Kathir : lol 🙂
[15:20]   Kathir : @rm you mean 35 is very less or high
[15:21]   r m : That is Janak’s secret, depends upon the age of the girl he is currently dating 🙂
[15:21]   Kathir : illleana should be aound 30
[15:21]   Janak : 6 to 35 -19k ce
[15:21]   Kathir : currently dating ?
[15:21]   Ravi : 8255 nf exited at 8335
[15:22]   Keshav : nice trade
[15:22]   Kathir : great one ravi
[15:22]   r m : @Ravi, great, congrats!
[15:22]   Kathir : congrats
[15:23]   Kathir : @janak we will wish you tomorrow
[15:23]   r m : 🙂
[15:24]   Kathir : some sellers in NF at top may be profit booking
[15:26]   Amit J : RM, any idea how many times delta closed above 500 and how was trend after that in next few days
[15:27]   Ravi : http://www.screencast.com/users/Ravicbe
[15:27]   Ravi : 8254 previous vwap crossing is great
[15:28]   r m : @Amit, not observed it but you can find here for DEC series http://vtrender.com/wp-content/uploads/2014/12/NF_vol_at_price_115.png
[15:29]   Keshav : bnf near 3 ib
[15:29]   r m : Shai has suggested 8380 above 8328, looks like that may be achieved tomorrow first session
[15:30]   Kathir : 19k ce 50 great !!!1
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Porus : bye
[15:30]   Keshav : bye all
[15:30]   Keshav : good day
[15:31]   Kathir : thanks and bye all 🙂
[15:31]   Keshav : time for some rap playllist
[15:31]   r m : 🙂