OrderFlow charts and Notes 28/09/15

[08:45]   r m : Good Morning folks!
[08:46]   r m : http://vtrender.com/levels-and-plan-for-28th-sept/
[08:46]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-28-sept-01-oct15/
[08:46]   Porus : Hey RM and all
[08:46]   r m : Hi Porus
[08:46]   r m : http://vtrender.com/orderflow-charts-and-notes-240915/
[08:46]   Sandeep : good morning rm and others
[08:46]   r m : Hi Sandeep
[08:46]   r m : http://vtrender.com/consolidated-orderflow-240915/
[08:47]   r m : Nifty OCT Future levels | KRA 7930 | Hypo1 above 7930➜7964➜8002 SL 7875 | Hypo2 below 7862➜7827➜7763 SL 7905
[08:47]   r m : Banknifty OCT Future levels | KRA 17384 | Hypo1 above 17384➜17455➜17523 SL 17266 | Hypo2 below 17244➜17172➜17032 SL 17338
[08:47]   r m : Nifty spot Weekly levels | Support 7815/7770/7723/7520 | Resistance 7970/8052/8170
[08:47]   r m : Banknifty spot Weekly levels | Support 16758/16588/16151 | Resistance 17495/17804
[08:48]   Misaal : Good Morning. RM. Thanks for the post 🙂
[08:48]   r m : Hi Misaal, welcome 🙂
[09:00]   Moses : GM rm and All
[09:00]   r m : Hi Moses
[09:01]   Shai : GM all
[09:06]   Vikkas C : Hi Rm
[09:06]   Vikkas C : Gm all
[09:08]   r m : Hi Vikkas
[09:08]   Anay : GM All
[09:12]   Sharad : GM all
[09:12]   Srini A : GM All
[09:14]   Naveen : Gm all
[09:14]   Tejpreet : GM All
[09:19]   Shai : open vols on the buy side n NF
[09:19]   Shai : even BNF
[09:19]   Sankar : GM Shai, RM and everyone 🙂
[09:20]   Sandeep : shai tgt for bn 18000ce
[09:21]   r m : Hi Sankar
[09:21]   Shai : 17591 F if crosses abv 17390 in IB
[09:21]   Uttam : GM All 🙂
[09:21]   Sandeep : hi is 17397
[09:21]   RK : GM Shai,RM and all
[09:22]   r m : Hi RK
[09:22]   Sandeep : xagain ?
[09:28]   Shai : ?
[09:29]   Sandeep : meant to say bn high is 17397, it needs to cross again 17390 in Ib for 17591
[09:30]   Sandeep : Shai : 17591 F if crosses abv 17390 in IB
[09:30]   Anay : @Sandeep it needs to cross it after Shai’s msg
[09:30]   Anay : 😉
[09:31]   Sandeep : thats what i thought
[09:32]   Uttam : 7860 is the VAL of Friday needs to take support here for longs Shai?
[09:32]   Shai : haha
[09:32]   Shai : BNF back into 80%
[09:35]   Augustin : Shai – can go to 17226?
[09:35]   Augustin : negated?
[09:37]   Shai : yes looks negated for now
[09:37]   Augustin : Ok
[09:38]   Shai : surprisingly low vol for the open
[09:39]   r m : not sure which way the cat (Rajan) will jump 🙂
[09:39]   Himanshu null : nf short possible??
[09:40]   Shai : yes NF is a short below val
[09:41]   Shai : still open is a 2 way mode- advise to let it settle
[09:41]   Shai : NF take that short if 7858 breaks again
[09:50]   Shai : Keep a BNF buy abv 17385 sl of 17320 tgt 17455 and 17502
[09:51]   Shai : there are buyers at the lows in BNF, but we will qualify it abv pdh with stops at vwap
[09:53]   Shai : NF is in 2 way mode – current vwap same as yvwap
[09:54]   Shai : one buyer holding strong near val but it gets weak if 7860 breaks
[10:02]   Shai : can buy BNF here also now- showing buyers
[10:03]   Shai : BNF still in that 1st 5 min range
[10:03]   Shai : I thought expiry day was good place for a launch off today in BNF
[10:04]   r m : 420!
[10:04]   Sumit K : Shai – are you still holding 8100ce
[10:05]   Shai : yes that is hold
[10:05]   Shai : we will review that at close today
[10:05]   Sumit K : I had sold @ 93 on thursday.
[10:05]   Sumit K : Is is a buy here
[10:06]   Naveen : can we buy nf here??
[10:07]   Shai : that 8100 ce gets stronger abv 98 today – can buy if 88 is crossed again and add abv 98
[10:08]   Shai : keep NF buy abv 7899 Naveen
[10:08]   Shai : tgt 7929
[10:08]   Shai : sl below vwap
[10:08]   Uttam : Shai am holding BNF 18k CE @ 245, that is a hold right?
[10:08]   Shai : yes
[10:10]   Shai : BNF tgt 1- part book and sl at cost
[10:10]   Uttam : thanks Shai
[10:11]   Jay null : shai what could be good entry again in bnifty
[10:12]   Jay null : shai what could be good entry point to reenter bnifty
[10:13]   Jay null : shai what could be good entry poing to reenter bnifty
[10:16]   Bhagya : nifty day high on futures exactly at friday VAH of 7914
[10:16]   Uttam : Shai another open drive in Lupin, what could be the targets in it? could it go upto all time high?
[10:17]   Shai : Jay BNF good entry near 17380 with same sl
[10:17]   Shai : 17380- 390
[10:18]   Shai : vah and vwap also show new buyers now
[10:18]   Shai : so we will utilise dis in BNF for long entries
[10:18]   Shai : dips*
[10:18]   Uttam : great 🙂
[10:19]   Bhagya : nifty above 7914 can we buy?
[10:19]   Shai : yes
[10:20]   Shai : NF can do 7929/ 7948 from here
[10:20]   Uttam : the 8100 CE sustaining above 88 now
[10:25]   Varun : shai cn u widen the profile
[10:25]   Varun : so tht we cn see 2-3 prv days
[10:25]   Varun : fr comparison
[10:28]   Varun : thanks a ton 🙂
[10:28]   Varun : if we stay here today also
[10:29]   Varun : tmrw is gonna be one kickass day
[10:29]   Varun : and rbi
[10:29]   r m : @Varun, Bird’s eye view 🙂 http://screencast.com/t/wrJ7A6GcorQ
[10:29]   Varun : 2 inside days + rbi
[10:29]   Varun : bhagwan bachaye
[10:30]   Shai : BNF egtting sellers
[10:31]   Varun : shai if bnf breaks vwap
[10:31]   Varun : will it be a false b/o
[10:31]   Varun : frm vlaue + range
[10:33]   Shai : yes
[10:33]   Shai : if BNF breaks vwap will see thurs lows
[10:33]   Sandeep : shai, nf longs exit below vwap?
[10:33]   Shai : yes
[10:39]   Shai : BNF getting buyers now
[10:40]   Shai : can add abv IBH in longs for 17577/ 17610
[10:53]   Uttam : Shai SL for new longs in BNF above 17460 will be @ 17385?
[10:57]   RK : BNF is back to its rabbit move attitude..you know that its moving but cant see its moving 🙂
[10:57]   r m : 🙂
[10:58]   RK : jump,stay,jump 🙂
[10:59]   r m : it is an expert in hunting stops!
[10:59]   RK : RM but it has been lacking such moves recently but back to track seems before event
[11:00]   Shai : Yes Uttam
[11:00]   r m : yep
[11:02]   Uttam : thanks Shai
[11:03]   Shai : 17485 is a strong sleler in BNF
[11:03]   Shai : and a vol spike also
[11:07]   R Goel : rm can you post a chart for BN
[11:07]   R Goel : profile chart
[11:07]   R Goel : which you just posted for NF sometime back
[11:10]   Shai : exit NF long trades if any
[11:10]   Shai : sellers coming in
[11:12]   Sandeep : that 8100ce also ?
[11:14]   Uttam : thats die for review EOD Shai had said @Sandeep
[11:15]   Shai : No just the new intra
[11:15]   Uttam : *due
[11:15]   Shai : risk is increasig as we did not get new buying at vah
[11:15]   Shai : and BNF shows a strg respnsive seller too
[11:16]   Shai : for now a period of quiet
[11:16]   r m : @RK http://screencast.com/t/riYSuwoi
[11:16]   R Goel : thank you rm
[11:17]   R Goel : rm the red dashed are the POC for a day rgt?
[11:18]   RK : thanks RM..17700 hanging knife..lets see RR has guts to clear that 🙂
[11:19]   r m : no, they are single prints
[11:19]   r m : blued dashed are naked POC
[11:23]   Shai : Sell NF below 7885 sl of 7905 tgt 7862 and 7827
[11:24]   Shai : exit the BNF long trade
[11:27]   Uttam : the 18k CEs we can hold right Shai?
[11:28]   Shai : can hold with sl of vwap
[11:28]   Uttam : thanks Shai
[11:34]   Vivek K : shai,the more it remains in range , the more the blast tomorrow?
[11:37]   Shai : oh yes
[11:50]   Rahul A : gm shai.. do the current IV levels justify selling of BN options ahead of tom’s event
[11:57]   Shai : vix will see res at 23.70 from here- 21.55 and expected fall is to 17.70 tom
[11:57]   Shai : Can sell BNF puts here for the current upmove may take it to 17600 to sell calls
[11:58]   Shai : Cancle the NF sell below 7885 and Buy NF at cmp 7901 tgt 7929 and 7948 sl of 7880
[12:16]   Jay null : shai, buyers defending 17420 level?
[12:26]   Shai : yes bt overhead seller has locked the upmove out
[12:31]   Naveen : Shai sell still valid??
[12:32]   Shai : No – we moved to a buy with sl of 7880
[12:32]   Naveen : ok Shai..missd it..thanks anyways
[12:32]   Uttam : NF low 7881 now & bouncing
[12:33]   Naveen : yeah 🙂
[12:33]   RK : and we trapped 38450
[12:33]   RK : with a vol spike there
[12:34]   Anay : stuck seller at ywap
[12:40]   Bhagya : nifty fut above 7915 will see big spike!
[12:41]   Shai : yes that vol spike high of the bar needs to be taken out
[12:48]   Shai : BNF weakneing
[12:48]   Naveen : sl in nf??
[12:48]   Shai : yes NF exit
[12:48]   Uttam : yep SL hit
[12:49]   Shai : still a normal day in NF
[12:50]   Shai : possibility of FAn BNF
[12:50]   Sandeep : go short in bn ?
[12:50]   Shai : go short below 17320
[12:51]   Shai : NF should see 7862 agin now
[12:54]   Varun : shai vwap gone
[12:54]   Varun : in bnf
[12:54]   Vikkas C : also in NF varun
[12:54]   Varun : cld be repeat of 18th
[12:55]   Vikkas C : hmm could be
[13:08]   RK : whip,trap,smash all available action take place to keep the pathway free for tmw’s runaway 🙂
[13:11]   Bhagya : Today is a dosa market and best way to trade it is stay away
[13:11]   Bhagya : only above 7915 buying
[13:11]   Rahul P : lol
[13:15]   Shai : yes still random here
[13:47]   Shai : BNF may go test 17460 again sl of 17370 for a small position cmp 17410
[13:52]   Shai : 7929 s the res here
[13:54]   Shai : that vol spike is the biggest of the day in NF
[13:54]   RK : 1.35l was the vol of stops there
[13:55]   Anay : ok. how did you know the volume of stops?
[13:56]   RK : Anay was just watching screen here when breakout happened and that was the fig immediately popped when price moved up
[13:57]   Anay : ok
[13:58]   RK : now we will have a move to eat stops above BNF day high 🙂
[14:00]   Shai : BNF seller is an admant guy
[14:01]   Shai : he halted a trend up from the open around 17475
[14:02]   Naveen : Shai what is ur view on nf now??
[14:02]   Shai : weekly 8100 ce re purchased at 71 can exit here 84- 85
[14:03]   Shai : we will issue a fresh option call tom for the week
[14:04]   Shai : Naveen updated my weeky view on blg over the weekend.
[14:04]   Shai : we need one prob up to 8000 and 8150 with stops below 7770
[14:04]   Shai : probe*
[14:05]   Uttam : 8100 CE exited in all, thanks Shai
[14:06]   Shai : 88-90 zone cross is a buy after event for 120 / 143 in 8100 ce tom
[14:38]   Shai : (14:25) Shai :BN 18500ce 16500 pe look like to be for writers now as fav zone for vix crush(14:28) Shai :16000 pe not very liquid else that was a better strike in the strangle(14:36) Shai :technical hold tgt for a strangle is 50% gain with a trailing sl of 50%
[14:38]   Uttam : 50% gain meaning 50% of the premium we get?
[14:40]   Shai : yes the method I follow is to start with a 50% sl which is safe and then move it down allowing the strangle to breathe
[14:43]   Uttam : oh ok, great. The SL will be on the combo so we exit both the legs it is hit right?
[14:43]   Shai : yes
[14:44]   Uttam : so here the combo is 390 we have a SL of 195
[14:44]   Shai : 390+ 195 is the sl -585 and trail it down as price moves in your favor
[14:44]   Shai : tgt is 195
[14:44]   Uttam : done Shai 🙂 thanks
[14:45]   Shai : No strangle is written not bought so tgt 195
[14:45]   Uttam : yes yes I meant the SL will be of 195 points from the selling price
[14:45]   Shai : 7860
[14:45]   Tejpreet : But time to sell is now or wait for vix to hit 23 plus.
[14:45]   RK : Spike boys here
[14:46]   Shai : can sell here – vix may not do much
[14:47]   Tejpreet : Thanks Shai.
[14:47]   Shai : neutral day now
[14:47]   Shai : 7827supp
[14:47]   RK : FA in BNF
[14:48]   Vikkas C : even in nf RK
[14:48]   Shai : in NF also
[14:49]   RK : Yes
[14:52]   Sandeep : shai how do we position ourselves going into the event tomorrow
[14:53]   Sandeep : or with no positions ?
[14:54]   Sankar : no position is better ;). The CE exit was perfect.
[14:54]   Shai : van buy an 8100 ce near close
[14:54]   Shai : sl will be 53 tom
[14:55]   Sankar : Oh Shai, can buy again?
[14:55]   Sankar : Ok.
[14:55]   Sandeep : your bias is on the long side 🙂
[14:55]   Shai : if 53 holds can give 120
[14:55]   Shai : sl is for tom as we cn spike and close at lows today
[14:55]   Sandeep : okay
[14:56]   Jay null : shai can we carry bnifty and nifty
[14:56]   Sankar : @Shai, my usual question. what is ur plan for tomrw? where r u going to put KRA? 😉
[14:57]   Shai : Jay BNF more risky as trade management will be diff – suggesting NF long calls
[14:57]   Shai : Sankar KRA will remina 7930 like today
[14:57]   RK : 7930 would be KRA
[14:58]   Himanshu null : Shaibank looks powerful??
[14:58]   Shai : ?
[14:59]   Varun : 😉
[14:59]   Sandeep : 😀
[14:59]   Sankar : then it will be tough resistance.
[14:59]   Varun : shia has a bank in disguise
[14:59]   Varun : shai 😉
[14:59]   Shai : haha
[15:00]   Sankar : lol 🙂
[15:00]   Shai : 17172 sup in BNF
[15:00]   Shai : looks like a neutral extreme close
[15:00]   Tejpreet : A hpothetical trade …not taking it just paper trade to see event effect …buy 7800 call 204 …sell 2x 104 …get few rupees to watch RBI movie:)
[15:00]   Tejpreet : 8000 call sell
[15:00]   Shai : yes is good option
[15:01]   Sankar : Nice Tej :).
[15:02]   Tejpreet : 🙂 let us see how it behaves till the evnt and post event.
[15:04]   Shai : may close at 7803 today
[15:04]   Varun : big greens in this spike down
[15:04]   Varun : could do the spike trade in morning
[15:05]   Rahul P : varun prblm is the nf profile…..dd banega shayad
[15:05]   Shai : tgt poc
[15:05]   RK : BNF may go below 17k now
[15:05]   RK : but just 30 mins we have
[15:05]   Varun : value is far up
[15:05]   Varun : need to spend ggod time here
[15:06]   Rahul P : u aiming for 45degree rule ?
[15:06]   Varun : only abv 57
[15:13]   Uttam : 8100 CE we could buy here now Shai?
[15:14]   Shai : can
[15:14]   Uttam : thanks
[15:15]   Shai : maintian the sl for tom
[15:15]   Uttam : yep 53 right?
[15:15]   Shai : yes
[15:16]   Himanshu null : Shai entered 81 ce @66
[15:19]   RK : that seller in BNF looks booked at lows
[15:20]   Tejpreet : Those with bullish views can sell nifty 7300 put at around 48 ……could give 50% return by after noon tmrw in case of rally or could exit at cost as vix goes down post event.
[15:23]   Shai : yup nice one again
[15:24]   Tejpreet : 🙂 Thanks.
[15:26]   Rahul P : but shai, poor low made on nf today….is it still worth going long ??
[15:27]   Shai : Rahul auction is a spike in a NE setup we may go to vwap/ poc before RR tom
[15:27]   Rahul P : ok, spike rules
[15:28]   Shai : poor lows can be visisted anytime
[15:28]   Shai : BNF look s ike tha big seller covering
[15:29]   Shai : visit to poc and move around there pre RBI is the most likely secenario for tom open
[15:30]   Anay : bye all
[15:30]   Shai : break abv FA now needed to confirm a long bias
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Ashish : Thanks and bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Vikkas C : bye all ..see u guys after 15th oct ..
[15:30]   Porus : bye all
[15:30]   Uttam : thanks Shai
[15:30]   Augustin : Bye all
[15:30]   Uttam : Have a great evenign all
[15:30]   Tejpreet : Bye All….sleep well for a trend day tmrw 🙂
[15:31]   Tejpreet : Bye Vikkas .
[15:31]   Moses : Bye All
[15:33]   Sandeep : bye all

[09:18]   Misaal : Shai, view on tata motors ?
[09:22]   Gaurav : Shai positional views MARKSANS Pharma please
[09:24]   Shai : tata motors drive down on thurs and even today , as supp at 291
[09:25]   RK : TCS and DR may be on open drive
[09:26]   Shai : marsons open drive up
[09:27]   Shai : has potential for 115.8 today
[09:27]   Shai : may can do upto 126 still
[09:28]   R Goel : shai views on bhel
[09:30]   Shai : bhel intra supp 196.5 , ma slide to 193.7 is broken
[09:31]   Shai : has to cross abv 202 for strength
[09:32]   R Goel : thanks shai
[09:41]   Vikkas C : shai view in HUL pls ?
[09:45]   Shai : hul intra good abv 787 for 791/ 796
[09:52]   Naveen : Shai oriental bank views please..looking good
[09:54]   Vikkas C : thanx shai
[09:54]   Gaurav : I got disconnected earleir. Can someone please repost views on MARKSANS if possible.
[09:55]   r m : (09:26) Shai :marsons open drive up(09:27) Shai :has potential for 115.8 today(09:27) Shai :may can do upto 126 still
[09:55]   R Goel : (09:26) Shai :marsons open drive up(09:27) Shai :has potential for 115.8 today
[09:55]   r m : it is stored in stockslevel google sheet too
[09:55]   Gaurav : Thanks Guys!!
[10:04]   Soumya : Shai good place to buy torrent? Does that 1390 level still hold good for buys?
[10:13]   Shai : yes 1390 good supp – but momentum generated on 1410 cross now
[10:17]   Vikkas C : @RK .. ur DR is a crazy script man ..enetered long at shai’s lvl 4025 and now sitting on 120+ pointer gain..thanx shia and RK
[10:17]   Vikkas C : *Shai
[10:17]   Uttam : Shai another open drive in Lupin, what could be the targets in it? could it go upto all time high?
[10:19]   Soumya : Thank you shai
[10:25]   RK : Shai pls check DR 🙂
[10:32]   Uttam : Shai view on Divis, you been able to reset your charts after the ex-bonus>
[10:36]   Shai : lupin 2049 next supply can do 2122 if e close abv 2049
[10:37]   Shai : what a move in DR
[10:37]   Shai : can do 4433
[10:37]   RK : what a way to start the series 🙂
[10:38]   Shai : 🙂
[10:38]   RK : this move seems cleared all shorts built in Sep
[10:38]   RK : thanks Shai for the level
[10:38]   Shai : ye sstrong rive with vols
[10:40]   R Goel : Rk whatr was the stock in discussion
[10:40]   RK : Vikkas missed your comment..Weclome 🙂
[10:40]   RK : RG thats about DRREDDY
[10:41]   Vikkas C : 😀
[10:41]   Vikkas C : indeed a gr8 way to start oct series RK..thanx to u
[10:41]   R Goel : thanks
[10:43]   Uttam : thanks Shai & any view on Divis?
[10:51]   Naveen : Shai hcltech views please
[11:01]   Shai : divis got overlooked – will do it today
[11:02]   Uttam : ok Shai
[11:03]   Shai : hcltech buy on dips than here – may see supply again at 975 but has strng buyers at thur lows
[11:12]   Ashish : Shai, Views on Aurobindo and Glenmark for longs?
[11:19]   Shai : auro dip to 747 is a buy can do 787 stl this week
[11:19]   Naveen : thanks Shai
[11:20]   Shai : glenmark good consolidation – is a buy abv 1014 and strong momentum can come abv 1025
[11:29]   Naveen : Shai idbi looking bullish here..can we go for a buy??
[11:33]   Ashish : Thanks Shai
[11:36]   Shai : idbi gret run from 60 – see 79.5 proj tgt for the volumes abv 60
[11:37]   Shai : intra day is a buy on dips till 75.2 holds
[11:37]   Naveen : thanks Shai
[11:41]   Naveen : Shia wipro levels please
[11:41]   Naveen : Shai*
[11:44]   Shai : wipro sideways auction today – 590- 594 zone has good supports and thurs buyers
[11:44]   Shai : if held can see 613 again
[11:45]   Naveen : oh ok Shai..thanks
[11:49]   Uttam : Lupin did find res @ 2048 but now broken above it Shai, lets see if it can close above it today
[12:28]   Tejpreet : Shai next support levels for Hindalco and LT positional around which some longs can be build.
[12:36]   Shai : hindlaco 69 s a supp- can go for longs there with sl below 67 on closing basis
[12:39]   Shai : LT probe down may not be over still
[12:39]   Shai : watch 1424 lower
[12:40]   Tejpreet : Thanks Shai .
[12:40]   RK : something big is pending in LT to explode..better to track it for sometime
[12:57]   Soumya : lupin back to 2049
[13:17]   Vikkas C : shai can we do some bottom fishing in tatamotors at these prices ?
[13:46]   Shai : yes TTM shows buyers coming
[13:46]   Shai : 278 as sl could hold this week
[13:56]   Vikkas C : thanx shai
[14:08]   RK : Shai Relcap can reach 375-80 in this move ?
[14:15]   Shai : relcap should get supply at 363- 366
[14:16]   RK : fine..thanks
[14:24]   Uttam : Shai Lupin all set to test the 2122 levels now? another BO above 2049 today
[14:25]   Shai : BN 18500ce 16500 pe look like to be for writers now as fav zone for vix crush
[14:28]   Shai : 16000 pe not very liquid else that was a better strike in the strangle
[14:29]   Uttam : the combo is giving around 390 points, any SL for it Shai or just carry it till 11 tom?
[14:35]   Shai : carry till 11- move if for a vix crush into event
[14:36]   Uttam : thanks Shai
[14:36]   Shai : technical hold tgt for a strangle is 50% gain with a trailing sl of 50%
[15:09]   Uttam : Shai Lupin selling off from highs, this dip can be bought or better to go long on close above 2049 only?
[15:12]   Shai : long abv 2049 only now
[15:12]   Uttam : thanks Shai
[15:13]   Gaurav : What happened to Bharti all of a sudden Shai? Cracked, was at important support. Positional view please
[15:14]   Shai : yes big crack 321 supp
[15:15]   Gaurav : Thanks Shai.