OrderFlow charts and Notes 27/04

[08:58]   r m : Good Morning folks!
[08:58]   Porus : GM RM and all
[08:58]   r m : http://vtrender.com/levels-and-plan-for-27th-april/
[08:58]   r m : Hi Porus
[08:58]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2404/
[08:59]   Tejpreet : GM all
[08:59]   r m : Nifty APR Future levels Key Reference Area 8360 Hypo1 above 8362➜8393➜8432 SL 8315 Hypo2 below 8310➜8278➜8253 SL 8365
[08:59]   r m : Nifty Spot Weekly levels Support 8257/8143/8065 Resistance 8365/8410/8473
[08:59]   r m : Banknifty APR Future levels KRA 18165 Hypo1 below 18035➜17925 SL 18170 Hypo2 above 18165➜18240➜18290 SL 18035
[09:00]   r m : Banknifty Spot Weekly levels Support 17800 Resistance 18450
[09:02]   RK : GM Shai,RM and all
[09:03]   Ashish : GM all
[09:03]   r m : Hi RK
[09:05]   Hemant : GM Folks
[09:06]   Tejpreet : Icici results today any indication on time of results.
[09:11]   Sharad : GM all
[09:14]   Sumit : GM everyone
[09:15]   Mahesh : gudmrng sir
[09:17]   r m : (*** Private to RK ) Hi RK, Stop for Dr Reddy is PDH?
[09:17]   Vishal : GM ALl
[09:18]   Shai : GM all
[09:20]   Shai : expiry week
[09:20]   Shai : all eyes on the 8300 PE
[09:21]   Mahesh : sir the levels given by u can i trade
[09:23]   Shai : yes all levels are for trade- but watch orderflow for confirmation
[09:23]   Amit J : shai any hope for those last min seller?
[09:23]   Amit J : sorry last min buyers
[09:23]   Shai : not a great open for thse buyers
[09:24]   Shai : Open within spike
[09:24]   Shai : 8280- 8350 was a fairly big spike
[09:26]   Shai : See this sliding fown to 8296
[09:27]   Shai : buyers not active yet at this open
[09:27]   RK : Shai pls check Ultracem..some agressive move in open either way
[09:29]   Shai : yes looks good abv 2728
[09:29]   Shai : can tgt 2820
[09:29]   RK : stop?
[09:30]   Shai : sl below 2685
[09:30]   RK : thanks Shai
[09:31]   Shai : NF with sl of 8331 can do 8296/ 8278
[09:32]   Shai : Kra for us for strength was abv 8360 F today just abv the spike highs to ensure continuation of friday late afternoon move
[09:33]   Shai : till that happens it could trade the spike zone
[09:40]   Shai : one buying response seen 8294F
[09:40]   Shai : but 8315 is te bigger seller now on intra
[09:54]   Shai : 8315 seller is pushing the Index down
[09:55]   Shai : that buying reducing at 8295 now
[09:57]   Shai : 8300 put at 55 and below will make it safe for those writers today
[09:57]   Shai : else tliquidation abv 90
[09:57]   Shai : liquidation
[09:57]   Shai : cmp is 75
[09:57]   Shai : 8257 spot is our supp line
[09:58]   Shai : seller is stronger now on this open
[09:58]   Shai : seller in NF**
[10:06]   Shai : 17925 strong BNF buyer
[10:06]   Shai : just like friday
[10:11]   Shai : new sellers NF
[10:12]   Amit J : 8257 gone
[10:12]   Hemant : Any buying left Shai sir?
[10:14]   Sharad : see the green buyers,,,, huge
[10:14]   Shai : Sell BNF 17910 sl 17960 tgt 17815
[10:16]   Shai : Seller is stronger abv
[10:20]   Shai : 8300 pe looks headed for 135/ 140
[10:20]   Vishal : @Shai Sir
[10:20]   Vishal : how maruti looking today?
[10:21]   Vishal : any chances of break out aboe 3600
[10:21]   Shai : vwap at 8294 cross can help bulls
[10:22]   Shai : Maruti does not look good for longs
[10:22]   Vishal : ok gr8 thnks
[10:23]   Shai : 3545 is supp now on day
[10:23]   Shai : is that breaks it will slide to 3512/ 3452
[10:23]   Shai : 3545 has buyers of last week and 3595 today seller
[10:24]   Shai : So far the profile is looking like last Mon
[10:24]   Mahesh : buyers responding in nifty at lower levels
[10:27]   Shai : yes agg buying – but to prove strength they have to take out vwap
[10:31]   Mahesh : 0*13944 means sir no sellers at that price
[10:32]   r m : no aggressive seller
[10:33]   Mahesh : k sir
[10:33]   r m : rm is OK, sir not needed 🙂
[10:33]   r m : nor deserved 😀
[10:34]   Mahesh : sir is just respect towards u . as i am a learner so
[10:34]   r m : me too a learner 🙂
[10:35]   Tejpreet : In NF 15 min chart after 8276 no values till 8782 …any significance.
[10:35]   Shai : Yes Tejpreet stops gone below last wk low
[10:37]   Amit J : lot of margin triggers today
[10:37]   Amit J : at 11 more margin triggers would come
[10:37]   Tejpreet : Thanks Shai but trades were done at 78 and 80
[10:38]   Mahesh : only afer completion of candel we should take the FP into consideration
[10:38]   Mahesh : sir
[10:40]   Shai : No it is real time
[10:40]   Mahesh : k sir
[10:41]   Hemant : Shai sir, whats the target on Nifty Spot?
[10:41]   Shai : 8144
[10:42]   Shai : 8065 can be expiry if this continues
[10:42]   Hemant : 🙂
[10:42]   Hemant : Ty
[10:42]   Shai : kep watching vwap for next 3 days
[10:42]   Hemant : Got it
[10:42]   Shai : pe writers are stuck
[10:43]   Shai : 107 : (10:20) Shai :8300 pe looks headed for 135/ 140
[10:44]   Shai : 84.5 and 60 2 levels supp in that 1
[10:45]   RK : there was lot of positive air on Friday 8269 spot wont give up easily ..
[10:46]   Shai : yes me too felt that buyers were taking a stand
[10:47]   Shai : but this morning nothing above 8305F
[10:47]   RK : Shai so today if we have no bounce and slowly drifts down..it will lead to some unwinding of med term investments also from cash..right?
[10:48]   Shai : yes
[10:48]   Shai : I see 8065 and that FA at 7727
[10:49]   Shai : what will also happen is that series vwap goes down 200 points which is not good
[10:49]   RK : yes
[10:49]   Shai : would mean bounces to 8500 getting sold
[10:50]   r m : yes though FIIs were net sellers in index futures
[10:50]   Shai : But then tis is expiry RK – hedge for next few days longs but I have seen trend reverse from day 1 of new series
[10:50]   Shai : like day 1 of this series
[10:51]   Shai : the opton parameters are just too strong these days at NSE
[10:51]   r m : MO is at -65 right now 🙂
[10:51]   RK : Shai I quit most of my shorts on Friday evening..dont know whether to cry or smile now :))
[10:53]   RK : RM Kathir would be happy with that MO no 🙂
[10:53]   Tejpreet : What do you meanby option parameters are too strong at Nse.
[10:53]   Shai : there should be Opp aroudn midafternoon to add shorts around 8290 F
[10:53]   Shai : sl still 8330 F for me for day
[10:54]   Shai : seeing strength abv 8360 F only to cut that 8300 ce growing
[10:55]   Shai : Tejpreet what I meant was it is easier to alter the trend of the index on the monthly TF these days than before
[10:55]   Shai : that 200 dma in indices ahs no relevance
[10:56]   Tejpreet : Ok got it….thanks.
[10:58]   Kathir : Good Morning Shai RM and all friends 🙂
[10:59]   Tejpreet : Margin call making wockpharma fall like 9 pins down 12 %
[11:00]   r m : Hi Kathir 🙂
[11:02]   Amit J : shai Failed auction possible in both?
[11:04]   Shai : possible but I see weakness below 8296 F on day
[11:04]   Shai : trending downin 30 mins TF
[11:05]   Shai : Place a part book order in BNF a 17870 and revise sl to 17945 on day on balance
[11:19]   Ashish : Shai, buyers??
[11:19]   Mahesh : buying at lower levels in nifty
[11:19]   Porus : vwap crossed
[11:22]   Mahesh : a retrace back can be used for buying
[11:28]   Shai : In NF i’m comfortable buying only abv 8296 today
[11:28]   Shai : there are stuck players who may use rises to exit
[11:33]   Shai : vwap in NF shows buyers
[11:34]   Shai : getthing interesting – now 2 time frames visisble
[11:34]   Shai : 8296 to 8324 F is a trade with sl below 8270
[11:35]   Porus : Shai, how do you determine the presence of 2 TF?
[11:37]   Shai : morning was sellers in the FP 80% plus
[11:37]   Shai : Now see green response
[11:38]   Shai : should last more than 15 mins- 30 better
[11:39]   Porus : Are these OTF or locals?
[11:39]   Amit J : what is this red line at 8301
[11:39]   Shai : lvn of morning
[11:40]   Shai : Porus could be locals
[11:40]   Mahesh : bottom green curve sir???
[11:40]   Shai : OTF is not present generally this time
[11:41]   Porus : ok
[11:50]   r m : test
[11:52]   Amit J : shai we have corrected exactly 900 pts from peak which was your only range level. (9122-8220)
[12:05]   Kathir : @shai icicibank can short here any SL?
[12:14]   r m : (*** Private to Kathir ) @Kathir, Shai will be back shortly
[12:18]   Kathir : @SHARAD here?
[12:19]   r m : test
[12:20]   Kathir : passed 🙂
[12:21]   Sharad : Yes Kathir
[12:22]   Kathir : @sharad any trades in usd /inr from here
[12:22]   Kathir : pe or ce for setlmt
[12:23]   r m : @Kathir, trying to raise support, I am getting delayed chat messages
[12:24]   Kathir : ok
[12:28]   Sharad : No kathir… said earlier also.. 63.90/64 strong resistance and neckline of H&S .. and downside is limited
[12:28]   Sharad : so no trade in INR ..i have not traded it for last 15 days
[12:30]   Sharad : tomorrow expiry in currency
[12:32]   Mahesh : buying again at low and on hvn of todays volume profile
[12:36]   r m : test
[12:37]   Mahesh : sir
[12:38]   Kathir : @sharad thanks for the info
[12:41]   Sharad : welcome
[13:24]   Shai : staying below 8296 F is not good for longs in NF
[13:25]   Shai : 8250 IBL break confirms more weakness
[13:26]   Ashish : Shai, what will be the target below 8250?
[13:27]   Shai : 8193 F
[13:27]   Ashish : Thanks.
[13:32]   Kathir : @SHAI any views for icicibank shorts from here? SL
[13:35]   Ashish : Below 8250 now..
[13:40]   Shai : icici bank is in a small range
[13:41]   Kathir : ok
[13:41]   Tejpreet : Shai how does hdfc look for long at spot 1200.
[13:41]   Shai : I think downside is protected now at 303 and 301
[13:41]   Shai : look to go long abv 314
[13:41]   Shai : closing basis
[13:42]   Kathir : ok thanks shai
[13:42]   Shai : icicibank results today i think
[13:42]   Kathir : yeah
[13:43]   Shai : hdfc moving down to 1162 where we reassess
[13:44]   Shai : may finsih at lows today so if chasing longs best time is last 20 mins or tom open
[13:45]   Tejpreet : Thanks forlvls….hdfc may prop the index from tomorrow.
[13:45]   RK : Maruti in top gear
[13:46]   Shai : Ashish look for a red bar in the pane when a level breaks – that means more sellers with u
[13:47]   Ashish : u mean the red bar whih is now at 8244
[13:47]   Ashish : which*
[13:47]   Mahesh : belowpane red and blue bars are cumulative delta sir
[13:54]   Shai : yes the ones beow price pane
[13:54]   Shai : now red
[13:55]   Shai : hat shows aggressive players
[13:55]   Mahesh : k sir
[13:57]   Ashish : thanks Shai
[13:57]   Kathir : @shai can we initate that NF short now below 8250 and SL
[14:02]   Shai : yes
[14:02]   Shai : see the diff when delta is used for your side
[14:02]   Shai : immediate 20 point in your favor
[14:02]   Ashish : that was quick
[14:03]   Kathir : yeah
[14:04]   Hemant : Shai sir, is it ok to aim for 8170 on spot today?
[14:04]   Shai : yes 8162 looks poss
[14:05]   Hemant : Looks all set for that move
[14:05]   Shai : 8255 new seller
[14:06]   Kathir : @Shai SL for this short?
[14:06]   Shai : abv vwap
[14:06]   Mahesh : sir is it good to take long or to wait
[14:06]   Kathir : ok
[14:07]   Shai : IB break stops always vwap+filter
[14:07]   Shai : filter 7 point NF – 18 in BNF
[14:07]   Kathir : ok got it.
[14:07]   Mahesh : means vwap + or – 7 points
[14:08]   Kathir : for short vwap + for long vwap –
[14:08]   Mahesh : delta didnt increase as the sellers came in so
[14:19]   Shai : pushed down again from 8255
[14:20]   Shai : yes looking for more sellers
[14:24]   Shai : 17821
[14:29]   Shai : NF needs more sellers
[14:29]   Mahesh : BANKNIFTY GOOD CALL SIR
[14:29]   Ashish : made double bottom @ 8226
[14:29]   Kathir : @RM please come
[14:30]   RK : 2.30 friends are logging in and don’t know what they are going to hit Kathir 🙂
[14:30]   RK : RM fighting with omninova and net provider today 🙂
[14:31]   Tejpreet : icici bank down
[14:31]   Kathir : 🙂 yeah some internet issues there
[14:32]   Tejpreet : but numbers look ok…
[14:32]   Amit J : bad nos
[14:32]   Tejpreet : npas up
[14:36]   Porus : Maruti results are good. But not helping NF much.
[14:42]   Shai : 8300 strike now almost equal in OI
[14:42]   RK : Shai pls bring down NF chart slightly
[14:43]   Shai : PE reducing
[14:43]   RK : writers exiting
[14:43]   Mahesh : NIFTY MADE LOW BUT DELTA INCREASED SIR
[14:44]   Shai : yes means new sellers not coming in
[14:44]   Shai : 8255 old seller still holding
[14:44]   Mahesh : YES SIR ITS DRIED UP NOW OR WAITING FOR HIGHS TO SHORT AGAIN
[14:44]   Shai : Mahesh cut the caps
[14:44]   Mahesh : k sir
[14:45]   Shai : seller in control below 8266 vwap
[14:45]   r m : (*** Private to Kathir ) I am here only, but my voice is suppressed by Omnovia – getting delayed chat messages 🙂
[14:46]   Mahesh : pink line on chart was also delta line
[14:47]   r m : (*** Private to Kathir ) you can contact me on gmail chat, no internet issues there 🙂
[14:47]   Kathir : ok
[14:50]   Ashish : Shai, any trade in apollo hospital?
[14:54]   Shai : can’t see a big rise but a counter trend dtrade to maybe 1238 / 1254 with today lows as sl
[14:55]   Shai : today’s seling has established 1306 as positional res and all rises up there will be sold
[14:55]   Ashish : Thanks..
[14:55]   Kathir : @nf not going below 8225 shal i hold short or exit ?
[14:56]   Kathir : shai?
[14:56]   Shai : Kathir traill to 8255 or exit here and sell below 8222
[14:56]   Kathir : ok shai thanks
[15:02]   Shai : Last Mon – sellers – http://vtrender.com/wp-content/uploads/2015/04/NF_tick10.png
[15:03]   Shai : one major supp was broken then alos
[15:04]   Mahesh : sir as of now we cant bet options ce for this expiry
[15:05]   Kathir : @RM possible check MO?
[15:06]   Shai : CE are being sold
[15:06]   Shai : 8300 pe tgts are 130+
[15:06]   Mahesh : k sir
[15:06]   Shai : (10:20) Shai :8300 pe looks headed for 135/ 140
[15:07]   RK : 8500 CE writers met their obj today 🙂
[15:09]   Kathir : @shai bring down SL for NF or still 8255?
[15:16]   Shai : intra book around 8222
[15:16]   Rahul N : @shai can we buy 8100 pe for a drop to 8050?
[15:16]   Kathir : ok
[15:16]   Shai : Rahul better go with 8000 PE of May and sell 2 lots of 7700 PE May
[15:16]   Kathir : @shai as a risk trade shall we hold 8100 pe nf for that 8044 trade?
[15:17]   Shai : can Kathir
[15:17]   Shai : Buy tom if day lows get broken
[15:17]   Rahul N : ok
[15:17]   Kathir : ok thanks
[15:17]   Rahul N : @shai whats your view on axis and dlf future?
[15:18]   Shai : apr?
[15:18]   Rahul N : april
[15:19]   Tejpreet : Amit any news on wockpharma
[15:19]   Tejpreet : down 20 percent
[15:19]   Shai : axis weak belw 543 tgt is 503
[15:20]   Shai : f
[15:21]   Shai : dlf trend down – can’t see it doing much till 131 is crossed tom
[15:21]   Shai : small relief may come if it manages to stay abv 126 tom
[15:21]   Shai : again F
[15:22]   Shai : 8222 is here for intra dayers to cash out
[15:22]   Ashish : and for positional??
[15:22]   Shai : Positional stay short – we add below 8210 tom f
[15:22]   Ashish : ok
[15:22]   Ashish : thanks
[15:22]   Shai : that 8300 PE is stuck
[15:22]   Shai : will review the OI on that 1 tonight
[15:23]   Shai : can happen excatly like what happened to 8500 PE last week
[15:23]   RK : 8600PE?
[15:24]   Kathir : @RK my lucky PE 🙂
[15:24]   Shai : 8500 pe- 9000 ce were the 2 big players in 1st few days
[15:24]   Shai : now equal at 8300 pe
[15:24]   RK : had two rounds of profit and 3rd round SL hit at 46 now 380 🙂
[15:24]   RK : @Kathir
[15:25]   Kathir : bad luck
[15:26]   RK : got it Shai
[15:26]   RK : Got it Shai
[15:27]   Shai : (10:53) Shai :there should be Opp aroudn midafternoon to add shorts around 8290 F
[15:28]   Shai : 8296 F level into expiry
[15:28]   Shai : see these writers exiting every bounce
[15:28]   Hemant : Shai, is it ok to partially exit puts at 8206?
[15:30]   RK : thanks and bye all
[15:30]   Tejpreet : Bye all.
[15:31]   Mahesh : bye sir
[15:31]   Shai : Bye all
[15:31]   Mahesh : bye sir
[15:31]   Shai : Have a nice evening
[15:31]   Kathir : thanks and bye all 🙂
[15:31]   Porus : bye all
[15:32]   Hemant : good by for today, see you tomorrow.
[15:32]   Hemant : 🙂
[15:32]   Ashish : Bye all
[15:33]   Vishal : Bye All