OrderFlow charts and Notes 29/12/14

[08:48]   r m : Good Morning folks!
[08:48]   r m : http://vtrender.com/levels-and-plan-for-2912/
[08:48]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2612/
[08:48]   Sharad : GM
[08:49]   r m : NF Hypo1 above 8279➜8320 SL 8243 Hypo2 below 8240➜8212 SL 8276 JAN Future levels
[08:49]   r m : BNF Hypo1 above 18695➜18770➜18816 SL 18600 Hypo2 below 18687➜18620 SL 18722 JAN Future levels
[09:15]   Keshav : morning all
[09:30]   Keshav : whats todays high in nifty spot??
[09:30]   r m : 8279
[09:31]   Rahul N : @rm what about above 18816?
[09:31]   r m : too much premium!
[09:31]   r m : @Rahul, no hypo above that!
[09:32]   Rahul N : @rm what about above 18816?
[09:33]   r m : i think we have very thinly traded markets till 2nd June when global funds will be back into business
[09:33]   Rahul N : lol!
[09:33]   r m : *2nd Jan
[09:34]   Rahul N : looks like it so far
[09:39]   r m : 18900, high of 24th should be next hurdle i think http://screencast.com/t/jMQJSxjC7v
[09:40]   Rahul N : ok
[09:40]   Rahul N : nifty hypo also crossed
[09:41]   r m : yes, within first few minutes
[09:41]   r m : but delta is negative in both and premium jumped
[09:41]   Rahul N : rocket!!
[09:41]   r m : 🙂
[09:47]   r m : NF almost touched the high of 24th! http://screencast.com/t/uwVZqW2i
[09:48]   r m : ugly looking bars are NT version of volume spike reversals 🙂
[09:48]   r m : something similar to the AFL from Rav
[10:05]   Keshav : @ i guess something with the delta meter today
[10:05]   Keshav : its ! 128 for a very long tme
[10:05]   Keshav : @rm
[10:06]   Keshav : i think its not getting updated at all
[10:08]   r m : yes, you are right!
[10:08]   r m : delta also on new year holidays!
[10:09]   Keshav : no no ticker is not working there
[10:09]   r m : ticker is working, just see BN, but delta is not changing
[10:10]   Keshav : okay. so its with the software or the market?
[10:10]   r m : may be with the data
[10:12]   Keshav : okay
[10:15]   Keshav : could be fake breakout on the top
[10:15]   Keshav : price structure seems weak
[10:16]   r m : yeah, these are the kids playing while biggies are on holidays 🙂
[10:16]   Keshav : what happened with bnf there
[10:16]   r m : going back up
[10:16]   Keshav : lost 130 points in a sec and recovered
[10:20]   r m : nothing like that on chats here or on my charts
[10:20]   r m : ok, got it
[10:21]   r m : 18746 here
[10:21]   r m : but trading software still showing 18760 as day’s low!
[10:23]   r m : delta bars on the top are correct, but foot print charts delta is not adding up
[10:24]   Keshav : okay
[10:26]   Keshav : the room is also silent today
[10:26]   r m : I think what we are viewing is 26th foot print, 29th foot prints are out of visible range!
[10:26]   Keshav : wheres everyone
[10:26]   r m : yeah, Shai on holiday, thinly traded markets, so others may have also opted for holiday
[10:27]   Rav : sbi cracking
[10:27]   r m : Kathir said yesterday that he will be back in the new year only!
[10:27]   Keshav : oh
[10:32]   Rav : 8330 shorteed
[10:33]   Keshav : i closed my longs opened at yesterdays vwap
[10:33]   Keshav : going short
[10:41]   Keshav : no bnf trading today
[10:41]   Keshav : lot of pit falls for stops
[10:46]   r m : delta back on track for NF
[10:47]   r m : BNF too
[10:47]   Keshav : @ rm nf min delta not seen
[10:47]   Keshav : pls adjust
[10:47]   Keshav : done
[10:47]   Keshav : thanks
[10:48]   r m : welcome 🙂
[10:49]   Rav : mad delta 49 and min delta -74 .pl clarify
[10:49]   r m : @Rav, that is the maximum and minimum delta today, say delta range for the day
[10:51]   Rav : buyers max diff 49 and sellers at 74…
[10:51]   r m : yes
[10:51]   Rav : thanks
[10:52]   r m : that helps in understanding where current delta -25 stands in day’s range
[10:52]   r m : welcome
[11:10]   Keshav : nf moving against the delta????
[11:11]   r m : that happens regularly, total delta is in AMT charts
[11:12]   r m : agressive buy/sell in footprint charts
[11:24]   Rav : nifty exited
[11:25]   Keshav : spreads are too big today
[11:25]   r m : yeah, low liquidity
[11:53]   Keshav : i guess the postitional shorts are buidling up
[11:54]   Keshav : @rav any option clue??
[12:00]   Rav : option buidup is going on. Range 8100-8200 spot
[12:01]   Rav : 8000pe is highest and 8100 pe is highest addition
[12:02]   Rav : 8400ce is highest addition and 8400ce is highest oi too
[12:06]   Keshav : nse should introduce weekly options
[12:09]   Rav : bnf is strong
[12:49]   Keshav : now to break of todays low could add some more shorts
[12:55]   Rav : nf,bnf are in long buildup state as of now
[12:56]   r m : ok, thanks
[13:07]   Keshav : @rav what is long build up?
[13:08]   Rav : oi up,priceup,vol up
[13:08]   Keshav : okay
[13:08]   Keshav : long liquidation
[13:08]   Rav : oi,price down,vol down
[13:09]   Keshav : short build up
[13:09]   Rav : weak palyers are exiting in lLL and strong players entering in LB
[13:10]   Rav : sbu oi down price up
[13:10]   Rav : temporarily bullish but once sc is over, weakness will start kicking in
[13:11]   Keshav : sc?
[13:11]   r m : short covering
[13:11]   Keshav : ok
[13:12]   Rav : sbu oi up price down
[13:12]   Rav : sc oi down price up
[13:16]   Rav : 800pe heavily added
[13:16]   Rav : 8200pe
[13:18]   Rav : FIIs manipulate pe and ce to control futures and vice versa
[13:23]   Keshav : todays low should be taken out in nf
[13:24]   B N : rm sir – sold bn at 815 0 can book at 700?
[13:25]   B N : 18815
[13:25]   Keshav : @bn nice entry
[13:26]   r m : @B N Sir, nice one sir, you sure made good use of Sha’s target 2!
[13:27]   B N : shai sir’s hypo says short below 687 – so mkt may try to reach out there?
[13:27]   r m : yes 700 looks likely, Shai’s entry was 695 below 770
[13:28]   Keshav : m planning for an entry near 770 short
[13:35]   Rav : bnf sbu
[13:35]   Keshav : yes
[13:36]   Keshav : @bn sir intro? where are you from?
[13:39]   B N : keshave i m from rm sir’s town
[13:40]   r m : lol
[13:41]   Rav : 18200-18900 pe sbu
[13:42]   Rav : 18700 and ce sbu… neck to neck fight
[13:43]   Keshav : @bn nice
[13:58]   Keshav : its raining here in chennai
[13:58]   Rav : nf 3% and bnf 11% added in oi
[13:59]   Keshav : our definition of winter is getting worse year after year
[13:59]   r m : @Keshav, here it is 16 degree celcius in bright sunshine!
[13:59]   Keshav : i miss delhi winters
[13:59]   Rav : in chennai entrie winter season was depression from bay
[14:00]   Rav : even today,it is raining
[14:00]   r m : ok
[14:00]   Keshav : @rm how low does it go?
[14:00]   Keshav : my friend told me it was 4 yesrerday in delhi
[14:00]   r m : iin Dehradun it does not go below 3-4 degree
[14:01]   r m : Delhi goes up to 1-2 degrees also
[14:01]   Keshav : oh so delhis worse?
[14:01]   Keshav : dehradun is a hill station right??
[14:01]   r m : only this short foggy period
[14:01]   r m : otherwise Delhi is warm in november even
[14:01]   Keshav : hmm
[14:02]   Keshav : i hate the fog
[14:02]   r m : Mussorie is the hill station, Dehradun is railhead for it
[14:02]   Keshav : my god . my room would be filled with fog
[14:02]   r m : then you should like Dehradun, Hardly any fog here
[14:02]   Keshav : oh
[14:03]   Keshav : delhi fogs are the worst and exams on this season
[14:03]   r m : we have special climate in doon valley!
[14:03]   Keshav : hmm
[14:04]   Keshav : @rm your native is dehradun or sir you moved in after retirement?
[14:04]   r m : yeah, we airline folks used to dread this season, had to face irritated pax from early morning till night!
[14:04]   Keshav : hmm
[14:05]   r m : this is my birthplace, worked in Delhi and Rajasthan and came back here
[14:05]   Keshav : oh nice
[14:06]   r m : @Keshav, no Sir for me just plain rm is sufficient 🙂
[14:06]   Keshav : okay sure
[14:06]   r m : Thanks
[14:07]   r m : bnf coming back from your 770
[14:07]   Keshav : i got in
[14:07]   r m : good
[14:09]   Keshav : previous vwap needs to broken
[14:10]   r m : yeah, knocking on it
[14:12]   Keshav : nice
[14:12]   Keshav : thats a breakout from previous vwap
[14:12]   r m : now vwap band needs some expansion
[14:13]   Keshav : missing janaks energy in the room
[14:14]   Rav : 18703 18871 band expanding
[14:17]   Keshav : nf should break down
[14:17]   Keshav : the vwap bands
[14:17]   Rav : 8307 band expanding
[14:18]   Keshav : now we should go to days low
[14:18]   r m : 18600-615 has been a good support http://screencast.com/t/bCO4UpZGyx6p
[14:18]   Keshav : days highest volumes
[14:18]   Keshav : in bnf came in
[14:43]   Keshav : @rm the redline changes automatically???
[14:46]   r m : @Keshav, maybe, I am not sure about it’s setup
[14:46]   r m : did it change?
[14:47]   Rav : bnf 18732 did not change
[14:48]   Keshav : i guess we had one near
[14:48]   Keshav : 771
[14:48]   Keshav : that was my reference for short
[14:52]   r m : ok
[14:56]   Keshav : @everyone any good renko afl for amibroker?
[14:57]   Rav : i have
[14:59]   Keshav : @rav could you share it. i tried a few online they are not updating realtime
[15:00]   Keshav : so i kind of restart the amibroker everytime i have to check it
[15:01]   Rav : ok. my mail id is [email protected] mkt hours,pl send mail.i will reply
[15:01]   Keshav : sure
[15:01]   Keshav : thanks
[15:10]   Rav : bnf sbu.nf lbu
[15:25]   Keshav : nf not going down
[15:26]   Rav : 15:10 Rav : bnf sbu.nf lbu
[15:26]   Rav : long buildup
[15:27]   Rav : covered bnf at 18670
[15:27]   Keshav : nice trade
[15:28]   Rav : shorted at 18742 yvwap
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Keshav : oh the markets closed
[15:30]   Keshav : @good day everyone