OrderFlow charts and Notes 24/04

[08:50]   Hemant : GM 🙂
[08:50]   r m : Good Morning folks!
[08:50]   r m : http://vtrender.com/levels-and-plan-for-24th-april/
[08:50]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2304/
[08:50]   Hemant : RM sir,how does it look today? Seems like a big day ahead
[08:51]   Porus : GM RM and all
[08:51]   r m : Hi Hemant, please call me plain “rm” 🙂
[08:51]   r m : Hi Porus
[08:51]   Hemant : Done RM
[08:51]   r m : I think Shai commented yesterday that he is not expecting a big move in the first session
[08:52]   r m : Nifty APR Future levels Key Reference Area 8415 Hypo1 above 8415➜8458➜8510 SL 8370 Hypo2 below 8370➜8338➜8253 SL 8415
[08:52]   r m : Banknifty APR Future levels KRA 18365 Hypo1 below 18305➜18192➜18075 SL 18370 Hypo2 below 18375➜18440➜18550 SL 18229
[08:52]   Hemant : True, Infy results out around mid-day ?
[08:53]   r m : before market generally
[08:53]   Porus : Infy @1.15. Conf call @2.30
[08:54]   r m : ok, thanks
[09:02]   Shai : GM all
[09:04]   Porus : nf ended y’day with a preium of less than Re1?
[09:04]   Tejpreet : GM All.
[09:08]   Ashish : Gm all
[09:11]   Sumit : GM everyone
[09:11]   Sharad : GM all
[09:12]   Vishal : GM Shai/RM and All
[09:13]   r m : Hi Vishal
[09:14]   Amit J : gm any view on mnm fin
[09:17]   Shai : 285 intra day supp
[09:18]   Shai : gets weak below that
[09:18]   Shai : BNF starting offf weak
[09:20]   Shai : looking for 8370 to break to confirm intra day weakness
[09:20]   Shai : 8415- 8370 rough morning range
[09:28]   Shai : 8338 test dues below 8369 sl of 8402
[09:28]   Shai : due*
[09:29]   Shai : If the bulls do not hold on that test we can close at 8253 F today
[09:29]   Shai : wed buyers 8368 and 8338
[09:34]   Shai : open is a drive down
[09:34]   Shai : 8375 is the major seller
[09:34]   Shai : 18160 in BNF
[09:35]   Porus : Shai, what tgt below 18075?
[09:37]   Shai : 17994
[09:37]   Amit J : 8340 -20 range in spot
[09:38]   Amit J : shai view on siemens for long
[09:43]   RK : GM Shai,RM and all
[09:44]   r m : Hi RK
[09:51]   Shai : if 8320 breaks tgt is 8143 spot
[09:54]   Shai : siemens 1268 supp on intra but no conf on longs yet- gets stronger abv 1293 and then 1300
[09:55]   Shai : NF intra long ideas abv 8376 F only
[10:04]   Shai : some buyers showing up NF
[10:05]   Varun : Any trade in infy @shai
[10:05]   Varun : Any imp levels
[10:06]   Shai : 2149 supply
[10:06]   Shai : intra longs abv 2116 add abv 2149
[10:07]   Varun : thanks
[10:07]   Shai : 2240 tgt
[10:08]   Shai : roughly 21490 2157 supply point which if overcome is a 100 point ride in secs
[10:08]   Varun : any sl if buy@shai
[10:19]   Shai : sl 2050 given y’day
[10:19]   Varun : thanks
[10:38]   Shai : Sell BNF 18065 sl 18125 tgt 17995
[10:53]   Hemant : Shai sir, what side to buy into? Good time to buy a put?
[10:54]   Amit J : maruti view for long?
[10:56]   Shai : buy puts below 8335 F now
[10:57]   Porus : Shai, is there a tail at the top of today’s profie?
[10:58]   Shai : maruti showing intra day strength go long abv 3481 tgt 3517
[10:58]   Shai : yes Porus in bth nF an BNF
[10:58]   Shai : sell into all rises today
[11:00]   Porus : ok
[11:00]   Shai : there is 1 buyer holiding up 8348 levels sicne open
[11:01]   Shai : so sell now is below 8335 rather than here
[11:02]   Ashish : Stoploss for maruti?
[11:05]   Shai : sl is bit deep at 3444 to begin but can trail abv to 3480 after 30 mins
[11:05]   Ashish : Thanks
[11:05]   Shai : has to coss 3480 to begin
[11:06]   Ashish : It went above 3481 and now came back..
[11:06]   Shai : yes
[11:08]   Shai : away from my desk for an hour or so– be right back
[11:13]   Amit J : big buyer
[11:16]   Ashish : @ 8336??
[11:21]   Ashish : lot of buying orders are coming now
[11:21]   Ashish : i mean buyers
[11:34]   Amit J : maruti above shai level
[11:35]   Ashish : and close to day high
[11:57]   RK : all Maruti traders give us treat..that was quick 🙂
[11:58]   Amit J : 🙂
[11:58]   Amit J : any view on nifty
[11:58]   Amit J : again good buying from shai’s medium term level
[11:59]   Ashish : Maruti zoomed
[12:00]   Amit J : any one tracks option chart
[12:00]   r m : vwap testing by both NF & BNF
[12:00]   RK : above 3538 F it may still go to 3590 today itself
[12:00]   r m : open drive fails if vwap is broken on way back
[12:01]   r m : else good chances of bottom fishing 🙂
[12:03]   RK : but stop should be below today low and that would be too risky
[12:03]   Amit J : can you see if 8500 call was a failure
[12:04]   Amit J : Failed auction
[12:05]   Amit J : what is next level for maruti
[12:08]   RK : breakdown got more severe below 3580 spot when it was going down
[12:08]   RK : in recent fall
[12:09]   RK : and 3580 was Shai’s obj when I took a sell around 3620
[12:09]   r m : infy spiked to 2133 above Shai’s 2116 and came back
[12:15]   Ashish : big seller
[13:00]   Porus : Amit, what is expected from infy?
[13:02]   Amit J : no idea yet
[13:06]   r m : These guys not expecting much – http://tinyurl.com/oad2grz
[13:25]   Amit J : anyone coming to mumbai for traders carnival?
[13:27]   RK : you are going Amit?
[13:28]   Amit J : no i m in mumbai only
[13:28]   Amit J : so if come than give me call
[13:29]   RK : no not coming for carnival..but soon one visit will be there for bby..sure will inform you..
[13:35]   Amit J : 9892881821 call me
[13:37]   RK : Sure..thanks
[13:42]   RK : Infy nos only by 2.15?
[13:46]   Amit J : 1.45
[13:46]   RK : thanks
[13:53]   Mandar : heavy selling in 15 min candle ending at 1.30pm ihas happened.
[13:53]   Mandar : infosus
[13:54]   Mandar : infosys
[14:04]   Shai : test
[14:04]   RK : nothing has moved Shai in your absence as usual 🙂
[14:05]   Sharad : nifty is going to move 500 points by Infy ? as if that is why market stalled
[14:05]   r m : If Shai is stepping out one can simply write straddles for that much time 🙂
[14:05]   RK : yes RM noticing that trend 🙂
[14:06]   r m : I think he goes out only when market is expected to remain quiet 🙂
[14:06]   Shai : lol
[14:12]   Hemant : Yesterday’s programs in the market ?
[14:12]   Shai : yes may come in last hour
[14:13]   Shai : there is OTF presence
[14:13]   Shai : 8375 second morning seller- holiding it dwn
[14:14]   Sharad : Shai 80% possible if go above 8386 ?
[14:14]   Shai : risk of seeing 8253 F still there
[14:14]   Hemant : Saw buying and selling competing at the same level on NF chart a while back
[14:14]   Shai : yes wed buyers still in
[14:14]   Ashish : Shai, if you will get time please post FP chart ffrom morning open till now
[14:14]   Sharad : ok Thanks
[14:15]   Shai : Sharad possible shortcovering rally abv 8406 today can take it up to 8446 also by close
[14:15]   Tejpreet : Shai what level would you look for in nifty and BN as weekly close to give bulls some hope in next week.
[14:16]   Sharad : Sahi above what level bulls are safe ?
[14:16]   Shai : Tejpreet 8446 F min
[14:16]   Shai : sharad 8375 then 8406 finally 8446
[14:17]   Sharad : ok
[14:17]   Shai : all well for expiry if we trade abv 8446 from bull point of view next week
[14:17]   Porus : shai, and in bnf?
[14:17]   Shai : else we finsih down for series
[14:17]   Shai : about 18220 BNF fu and 18360 conf for longs
[14:17]   Tejpreet : If infy delivers we should do 8446 today at close .
[14:18]   Sharad : so 8446 is number above which can think expiry above 8600
[14:18]   Tejpreet : Thanks for the levels.
[14:18]   Hemant : And on the down side Shai sir?
[14:19]   Shai : 8253 F and 8057 F
[14:20]   Hemant : Sir one of the charts not updating NF Delta I guess
[14:20]   Shai : infy 1: 1 bonus
[14:20]   Vishal : infosys 1:1 bonus
[14:20]   Vishal : infy announced 1:1 bonus
[14:21]   Shai : ok updating now
[14:21]   Amit J : guidance is very imp
[14:21]   Amit J : result is bad
[14:21]   Shai : NF FP= http://screencast.com/t/00dn5OYzYba
[14:22]   Ashish : Thanks Shai
[14:23]   Shai : infy out
[14:23]   Sharad : 3097 PAT
[14:23]   Sharad : 1:1 bonus
[14:23]   Shai : yes 3097
[14:23]   Shai : 3161 exp
[14:23]   Tejpreet : Amit is right wait for guidance …then take position.
[14:24]   Amit J : good guidance
[14:24]   Vishal : test
[14:24]   Amit J : 10-12%
[14:24]   Amit J : sorry poor guidance. will be raped
[14:25]   Sharad : but INFY or market not moving at all
[14:25]   Hemant : Shai sir, nifty to head down from here likely?
[14:25]   Hemant : Playing for Hypo 2
[14:26]   Vishal : Infosys Earnings: Q4 cons PAT Rs 3,097 cr vs Rs 3,250 cr QoQ; Announces acquisition, bonus issue. Bonus issue in the ratio of 1:1.
[14:26]   Shai : yes we short below 8330 F for 8253 F
[14:32]   Shai : infy steady 2113
[14:32]   Shai : 2050 needs to hold for bulls
[14:34]   Shai : short triggered
[14:34]   Shai : NF
[14:34]   Hemant : Hypo playing out
[14:34]   Hemant : Hypo 2*
[14:36]   Shai : intra day book is 8272/ 8253
[14:36]   Hemant : Spot or NF?
[14:36]   Shai : F
[14:36]   Hemant : 🙂 Ty
[14:36]   Shai : 8269 spot
[14:41]   r m : infy below 2050
[14:46]   Shai : yes slipping
[14:48]   Amit J : shai banknifty buy here
[14:48]   Amit J : ?
[14:48]   Shai : BNF buyers
[14:49]   Shai : yes can buy BNF for 18080
[14:49]   Shai : can see 18240 again Mon
[14:49]   Shai : BNF used to balance the trade
[14:49]   Shai : IN NF book part at 8290
[14:50]   Shai : F
[14:59]   Tejpreet : Infy spot not sustaining below 2000 shall we book shorts or hold.
[15:00]   Amit J : shai buyers?
[15:02]   Shai : No
[15:02]   Shai : tgt 1 done sl is 8326 for close
[15:04]   Hemant : 🙂
[15:06]   Shai : BNF if can hold don’t exit long position
[15:07]   Shai : there is evidence of buying in BNF
[15:07]   Shai : but structure is still for close at lows
[15:12]   RK : Amit Infosys badly done here 🙂
[15:13]   r m : (14:24) Amit J:sorry poor guidance. will be raped
[15:13]   r m : 😀
[15:13]   Amit J : 🙂
[15:14]   Amit J : they gave 2 guidance which confused all so it was long trap
[15:15]   Shai : buying
[15:16]   Shai : very interesting tail left behind
[15:17]   Shai : spot did 8273
[15:17]   Shai : could be the end of the downmove??
[15:17]   Tejpreet : Is a panic bottom finally in place 🙂
[15:17]   Amit J : plz shai say yes
[15:18]   Ashish : Shai, shriram transport please
[15:18]   RK : or another hope booster 🙂
[15:18]   Shai : exit shorts
[15:18]   Tejpreet : (15:06) Shai :BNF if can hold don’t exit long position
[15:18]   Tejpreet : got 18000 call at 185 post this message.
[15:19]   Hemant : Picked up 8400 CE at 40
[15:21]   Shai : some prob in getting data for srt fin
[15:22]   Ashish : no isssues Shai…
[15:23]   Shai : check in docs folder there is a previous view
[15:23]   Ashish : which file??
[15:24]   Amit J : 15:17 Shai : could be the end of the downmove??
[15:24]   Amit J : ?
[15:24]   Shai : yes high possibility
[15:25]   Shai : On Mon we want to stay abv 8308 F
[15:25]   Shai : if IB is done abv 8308 F we should be good
[15:26]   Shai : signs ofa bottom per MP but since coming as a spike we add a confirmation for Mon open
[15:26]   Porus : Shai, do you have some indicaion of the expiry range now?
[15:26]   Amit J : post mkt can you plz explain this concept
[15:27]   Shai : Porus below 8500 for now- will update Mon based on open
[15:28]   Shai : Amit It’s simple auction was at a ref point and is shoing a buying tail
[15:28]   Shai : auctions end in balances or tails- Golden rule
[15:29]   RK : in a layman language, short term bottoms are made in a flash or drive and pratically not tradable and retracement would be very quick and big in % term of all the retracement/pullback happened in the day
[15:29]   Shai : hold 8305 cross 8395 and then perhaps move at 8446 F all week – expiry view
[15:30]   Shai : F levels
[15:30]   Shai : if 8305 brreaks then lower levels are OB again
[15:30]   Shai : ON**
[15:30]   RK : thanks and bye all
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice weekend
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:31]   Ashish : Bye all
[15:31]   Hemant : Holding a few calls Shai sir, for the expiry view you just told
[15:31]   Tejpreet : Bye All.
[15:31]   Shai : ok sl given
[15:31]   Hemant : Hope you all have a great weekend ahead 🙂
[15:31]   Hemant : Sir yes sir 🙂
[15:31]   Hemant : Closed at 8305