OrderFlow charts and Notes 30/10/14

[08:56]   r m : Good Morning folks!
[08:56]   r m : http://vtrender.com/levels-and-plan-for-30th-oct/
[08:56]   Clay : gm all
[08:56]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2910/
[08:56]   Porus : GM
[08:57]   r m : BNF Hypo1 Below 16600➜16502➜16395 Hypo2 Above 16725➜16784➜16824
[08:57]   r m : NF Hypo1 Above 8113➜8170 (Stop 8080) Hypo2 Below 8050➜8022➜8003
[08:59]   r m : FII OI change and OI shift – http://vtrender.com/desi-mo-mcclellans-oscillator-for-nse-29th-oct-2014/
[08:59]   Shai : GM all
[09:04]   Sharad : GM all
[09:05]   Sharad : Shai INR support/Res as november future started
[09:12]   Sumit : gm everyone
[09:13]   Shai : usdinr nov has stong supp now at 61.52
[09:13]   Shai : this morning 1st move to 61.88 is so far rejected
[09:13]   Shai : now 61.71 supp
[09:14]   Shai : below 71.70 10 pointer to 61.60
[09:14]   Sharad : ok good Thanks
[09:15]   Shai : neutral extreme yesterday
[09:15]   Shai : in NF that is
[09:16]   Shai : bulls have to take it abv NE high first
[09:18]   Shai : in BNF this is the ref from yesterday : #) vwap of the day was at 16659
[09:18]   Kathir : Hi Shai RM and all friend
[09:18]   r m : Hi Kathir
[09:18]   Shai : trended lower in BNF so 16650- 16659 forthe bull to cross
[09:25]   r m : BNF probing for buyers below PDL
[09:26]   Kathir : hypo 1 will it go to 16500
[09:26]   Sharad : Shai can sell BNF below PDL
[09:27]   Kathir : @sharad hypo 1 syas so
[09:27]   Kathir : BNF Hypo1 Below 16600➜16502➜16395
[09:28]   Kathir : but confirm with sahi for SL for this view now
[09:28]   Sharad : yes taht is why asking
[09:28]   Shai : yes BNF sell
[09:28]   Shai : sell closer to pdl now
[09:28]   Sharad : ok
[09:29]   Kathir : trgt abd Sl shai
[09:29]   Kathir : 16500
[09:29]   r m : @Kathir, looks like Manik has managed to hack into Shai’s system, see the vwap band diving 🙂
[09:29]   Kathir : yeah 🙂
[09:29]   Shai : 16659 res and tgt 16500
[09:29]   Kathir : no he is with me only
[09:29]   Kathir : ok shai
[09:29]   Kathir : now
[09:30]   Chiranthan : sl for bnf?
[09:30]   r m : 16660
[09:30]   Chiranthan : ok
[09:30]   r m : (09:29) Shai :16659 res and tgt 16500
[09:34]   r m : IT and BNF on opposite side again like FII and Client 🙂
[09:34]   Kathir : @shai what is next big resi for IT index
[09:35]   Sharad : today also 200 contracts per tick trades are continued in every 2-3 minutes
[09:36]   Shai : cnxit 11150
[09:36]   r m : today OCT and NOV delta on opposing sides for both futures
[09:36]   Shai : supp now 11000
[09:38]   r m : BN spot bounced from 16560 support
[09:46]   r m : writers not seeing much risk with 8100CE/PE priced at 35 ?
[09:47]   Kathir : @RM what happenned to fomc yellen good or bad news?
[09:48]   r m : guess must have been on expected line, ES suffered only a mild correction 🙂
[09:49]   r m : U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of optimism.
[09:49]   Shai : NF to 8112 abv 8096
[09:50]   Shai : exit BNF shorts abv 16612
[09:53]   Shai : ooking like an open drive in NF
[09:54]   Shai : 8095 is the level for the bull to hold now for rest of the day
[09:54]   Shai : Hypo1 comes into play abv 8113 and can add momemntum
[09:54]   Shai : IT is fuelling the NF move
[09:55]   Kathir : infy 3900 ce making merry yest low was 2.5 and 45 now 🙁
[09:55]   Anay : Nov Fut adding further shorts though
[09:57]   Shai : In rllover week I like to sum the oct and Nov up just for bias
[09:58]   Shai : let’s see if 8142 sustains in Nov
[09:58]   Shai : 8152 now
[10:04]   Sharad : 8113 done now what ?
[10:05]   Shai : done at the edge of IB
[10:05]   Shai : we will wait till IB completes and see if the mkt wants to take that high out
[10:06]   Shai : exit BN shorts
[10:06]   Shai : longs coming back
[10:06]   Shai : IT is near 11150
[10:08]   r m : nifty spot has covered the single prints from 23sep http://screencast.com/t/s11NaANyEB3
[10:17]   Kathir : @shai will 8150 ce will be good now as per hypo 1
[10:22]   Shai : yes
[10:22]   Shai : technically the mkt now has to close at day highs
[10:23]   Shai : use a sl of 8094
[10:23]   Shai : F
[10:23]   Kathir : ok thanks
[10:28]   Amit J : shai any view on m&m
[10:28]   Amit J : exited titan today, thanks for your view
[10:32]   Kathir : @sharad did you find any big seller or buyer (200 lots) today?
[10:33]   Sharad : yes
[10:33]   Kathir : buyer or seller
[10:34]   Sharad : but 200 is less and 100 lots ticks are more
[10:34]   Sharad : mostly seller
[10:34]   Porus : @Shai, are there chanecs of BNF H1 <16600 – 16502 – 16395 playing out today?
[10:35]   r m : @Porus, I think buyers in NOV series are coming in the way
[10:36]   Porus : ok
[10:40]   Kathir : @sharad thanks
[10:42]   Sharad : 1504 lot tick in NF
[10:45]   Sharad : NF open interest in October is still at 1.25 crore
[10:45]   Shai : Was off for my short coffee break
[10:45]   Shai : Amit 2 mins
[10:45]   Amit J : no issue
[10:45]   Sharad : November 1.53 crore
[10:50]   Sharad : Shai can you give DLF support/Res for today
[10:50]   Shai : Porus “cos of expiry some extra pull n pressure may be there
[10:50]   Shai : hence levels may not work out perfectly today
[10:50]   Porus : ok. Thanks
[10:52]   Kathir : nov nf -400
[10:52]   r m : NF has been going up like an arrow in recent days and last 4 trading days have seen OI shooting up in NOV series http://screencast.com/t/sHtV9IzKoU7X
[10:53]   r m : *last 3 trading days
[10:53]   Shai : @ Amit , I always had problems charting MM in esignal as it never recognised it first cos of the & and now cos of the change
[10:53]   Shai : Regret don’t have data for MM
[10:55]   Anay : whats mcclellan oscillator level currently for Nifty?
[10:55]   r m : 32
[10:56]   Kathir : for reversal it should go to above 80 right?
[10:56]   Shai : DLF abv 121 is high risk long for 127
[10:56]   Shai : But seller will come from there
[10:56]   Shai : near 127
[10:57]   Sharad : any chance of 135 today
[10:57]   r m : @Kathir, above 60 is generally risky for fresh longs
[10:57]   Shai : looks unlikely today
[10:57]   Shai : 127
[10:57]   Sharad : ok thanks
[10:57]   Kathir : @rm ok
[10:58]   Sharad : today is hearing of DLF
[10:59]   Shai : Titan was a good trade- Non stp from oct17
[10:59]   Shai : ok
[11:00]   Shai : that gap is huge in dlf
[11:00]   Shai : risght upto 143
[11:00]   Sharad : yes can try to fill if order comes in his favour
[11:01]   Sharad : and it is temp order to release its old investments… which is possible
[11:01]   Shai : ok- was ot aware f that
[11:02]   Sharad : so buying with 2 rs SL
[11:04]   Shai : is the order in mkt hours
[11:04]   Sharad : mostly can not say for sure
[11:06]   Sharad : risk is 1 rs from here @ 122
[11:12]   r m : @Kathir, your 8150CE is almost 100% up 🙂
[11:13]   Kathir : yeah 🙁
[11:13]   Amit J : thanks shai. No issue
[11:14]   Amit J : 80% in banknifty
[11:15]   Sharad : what is VAH in BNF
[11:15]   r m : should be near 16680
[11:15]   Sharad : so can buy for 80%
[11:16]   Shai : ye s80 posisbe in BNF’
[11:16]   Sharad : ok
[11:16]   Shai : 16660 and 16700 still res
[11:20]   Shai : NF early buyers are just pulling off a bit
[11:24]   Shai : 8146 2IB is a pit stop for intra traders on way to 8170
[11:24]   Shai : sl is now vwap 8108
[11:24]   Shai : those in NOv 8193F
[11:24]   Shai : 16660
[11:31]   r m : Shai-rekha in BNF 🙂
[11:32]   Narendra : and vwap band
[11:35]   Sharad : DLF new high above 125
[11:38]   Sharad : 127
[11:38]   Sharad : wahhhh Shai rocks
[11:39]   r m : 🙂
[11:40]   Sharad : i am happy as i have sold @ Shai’s level
[11:41]   Amit J : whats all time high in nifty
[11:41]   Sharad : 8200
[11:45]   r m : 8146 pit stop!!
[11:48]   Anay : @Shai heavy short build up in Nov FUT in this rise?
[11:48]   Amit J : shai whats your view on nifty positional.
[11:49]   Anay : that means long should trail tightly after expiry?
[11:52]   Shai : Amit / Anay this move can play out till tom close
[11:52]   Shai : These shorts building in Nov may be longer duration shrts who are taking positions based on settlement
[11:53]   Shai : Let’s not forget that even as delat shows us shorts we have no way to know what timeframe these shorts are taking
[11:53]   Shai : some people just short futures every expiry week as hedge for cash holdings
[11:54]   Shai : My view was 8180 abv 8030 spot so most likely we close tom month end at highs and review 1st week nov
[11:54]   Shai : But spot is now trading firmly abv 7920 so 8550 remains a dec tgt
[11:55]   Shai : 8147 2IB in NF
[11:55]   Shai : look to book and buy again closer to IBH 8115- 8120
[12:01]   Shai : 8100 ce is under threat
[12:01]   Shai : http://screencast.com/t/2Dr6u2zxjDBB
[12:02]   Shai : buildup is 54 lakhs still
[12:02]   Shai : that means the move can still carry on and the dip in NF will be bought as writers cover
[12:05]   Clay : For Stock futures,is there any way to find out which futures have open drives fast in the morning?
[12:06]   Shai : rules are the same
[12:06]   Shai : but have to look at a chart
[12:07]   Clay : ok
[12:07]   Shai : If you can program then one way to shortist from a database would be to check a scal for O= L for up and O=H for down
[12:07]   Shai : *scan
[12:07]   Shai : then watch those stocks for 30 mins for HH and HL
[12:08]   Clay : thanks Shai
[12:08]   Shai : wc
[12:10]   Shai : NF still moving up
[12:10]   Shai : NF nov may be looking at 8245 F
[12:10]   Shai : remember 1 lot becomes 2 tom 🙂
[12:10]   Kathir : oh for bnf also?
[12:11]   Anay : ok thanks
[12:11]   Shai : No BNf stays as 25
[12:11]   Kathir : ok
[12:14]   Clay : DLF back to 121 from 127 !!!!
[12:15]   Amit J : again 80% in banknifty shai ?
[12:16]   Sharad : yes DLF back but no news yet
[12:17]   Shai : Amit this time has to break IBH
[12:19]   Kathir : is icicbank result today?
[12:20]   Amit J : yes
[12:23]   Kathir : what time they will give?
[12:24]   Amit J : afternoon
[12:27]   Shai : 11150 cnxit
[12:28]   Narendra : shai view on pnb for intra
[12:33]   Sumit : anyone having prob with zerodha. not able to enter
[12:34]   Kathir : try right clickand run as administator
[12:34]   Sumit : still no good
[12:34]   Shai : PNB view playing out was for 884 below 923
[12:35]   Shai : But now if it crosses 908 can retest 923
[12:35]   Sumit : NEST initialization failed for interactive engine <<os error>>
[12:36]   Shai : I think you will have t logoff ad login again
[12:36]   Shai : may be login as admin
[12:36]   Sumit : I m logged off 🙁
[12:37]   Kathir : did you try run as administrtator
[12:37]   Sumit : yes Kathir. same result
[12:38]   r m : that is a typical eror on not logging as admin
[12:38]   Kathir : ok
[12:39]   r m : guess you will have to call those guys and meanwhile use their web trader
[12:40]   Sumit : they say its your net problem. however my net is running fine
[12:41]   Anay : @Shai what to make of yest delta and today’s delta in Oct Fut?
[12:41]   Anay : yest was almost -950….
[12:41]   Anay : today max is +215…
[12:41]   Kathir : even nov nf now -700
[12:41]   Anay : so yest shorts still holding?
[12:42]   Sumit : shuting down. brb
[12:43]   Anay : Oct delta going into negative now
[12:43]   Kathir : 8100 pe can be a lottery if shorts are aggressive afternoon
[12:44]   Porus : NF lovers seem to be happening. Oct and Nov delta moving in opposite directions
[12:44]   Porus : *rollovers
[12:45]   Kathir : even oct has come to -50 now
[12:45]   Porus : yes
[12:45]   Kathir : but bnf positive both sides
[12:47]   Kathir : how abt other asians ?
[12:48]   Kathir : @porus as rollovers happen delta will be mixed
[12:49]   r m : Nikkei green, China mild red, Australia (though not asian srictly speaking!) green, Kospi tinge of red
[12:49]   r m : http://www.investing.com/indices/indices-futures
[12:50]   r m : flat should be a better overall description
[12:52]   Kathir : ok ge thanks
[12:53]   Kathir : eur @ 1.30 right?
[12:53]   r m : yep, they stopped saving daylight last sunday 🙂
[12:53]   Kathir : 🙂
[12:55]   Clay : India leader this year? new highs even before ES?
[13:00]   Kathir : 8200 ce low 15 paise and now 3 rs
[13:02]   Shai : 12 L reduced at 8100 ce- http://screencast.com/t/hoZtC38W
[13:03]   Clay : Diwali rally a little late_pre-Diwali to post-Diwali
[13:04]   Amit J : shai indicated that diwali rally…
[13:04]   Kathir : @shai that means any view for setlmnt close
[13:05]   Shai : 8166
[13:05]   Shai : 8170 was estimate for the day
[13:05]   Shai : still a dip can be bought as 8100 ce has no option but t cover during the fall
[13:05]   Kathir : no supp for nf shai
[13:06]   Shai : supp isstill 8114
[13:06]   Shai : Trend day gives a pull bacl around 12.30- 1.30 generally
[13:06]   Kathir : ok
[13:06]   Shai : will still go with close at highs as long as vwap is held
[13:07]   Porus : @shai, BNF reverse 80%?
[13:07]   Shai : already at VAL
[13:07]   Kathir : yeah
[13:07]   Kathir : icicibank result came?
[13:13]   Kathir : -200 and 1800 shai?
[13:14]   Kathir : bnf +100 and +200
[13:14]   Kathir : nf -800 nov
[13:14]   Anay : @Shai if OF and PA are going opposite…which shld be given more importance?
[13:15]   Shai : always price
[13:15]   Shai : OF is more than just intra day
[13:15]   Anay : nope…i am not talking intra…more from a swing perspective…
[13:15]   Kathir : @shai give us a lottery call
[13:16]   Shai : it could still move down after a while but like I said before in expiry week the OF players are bigger TF
[13:16]   Anay : if OF is not following price at extremes…isn’t it a good place to enter a contra swing trade?
[13:16]   Shai : based on price or OF?
[13:16]   Anay : based on Price and OF moving in opp directions….
[13:17]   Shai : Anay in 90% of the cases I have seen that it comes back to original price within the next few sessions
[13:17]   Shai : so from say 8080 yesterday OF is neg to 8157 now
[13:17]   Shai : so price will visist 8080 for a correction
[13:17]   Anay : ok thanks
[13:18]   Anay : and we would see if a visit to 8080 find more sellers or buyers for further clue…rt?
[13:19]   Shai : yes then we see OF again
[13:19]   Anay : hmm
[13:19]   Shai : if covering happens a stronger move comes
[13:19]   Anay : right
[13:19]   Shai : expiry week is not smooth for us ever but from tom it will set right again
[13:20]   Shai : besides movement gets dictated by option prices in expiry week too
[13:21]   Anay : yup
[13:21]   Shai : posted this on twitter on the spx-http://screencast.com/t/9OfzOBQdt
[13:22]   Shai : Usdinr at 61.76
[13:22]   Shai : dollar at 86.35
[13:22]   Shai : currency and stocks are going the same way since fomc
[13:23]   Shai : there is a bit of confusion in the market even otherwise
[13:28]   Amit J : shai but negative orders can be due to rolls
[13:28]   Shai : possible
[13:29]   Sharad : DLF Order http://tinyurl.com/o6b4xtg
[13:29]   Shai : one way we overcome that by summing up oct+ nov but it is not foolproof for bias
[13:30]   Shai : 69.8 lakhs now in Oct against 53.3 L in Nov
[13:31]   Clay : any DLF Nov CE to consider ?
[13:31]   Shai : Thansk Sharad
[13:32]   Shai : Clay no vol in the stock post that news
[13:32]   Shai : I would say avoid
[13:33]   Clay : ok
[13:39]   Clay : bear massacre since that 7750 bottom-relentless buying
[13:41]   Clay : advance guidance given by Bank Nifty
[13:45]   Kathir : @rm how abt europe open now
[13:45]   Clay : max. 70 points pullback intraday on Nifty since that 7752 bottom
[13:46]   r m : @Kathir, all green
[13:46]   Kathir : ok
[13:56]   Kathir : where is vwap of NF?
[13:57]   r m : NF vwap at
[13:57]   r m : 8132
[13:57]   Kathir : ok ge
[14:05]   Clay : What was the previous all time high _Nifty cash?
[14:06]   Shai : 8180 is still the ATH
[14:07]   Shai : Nice info : (13:45) Clay :max. 70 points pullback intraday on Nifty since that 7752 bottom
[14:07]   Clay : thanks Shai
[14:07]   Kathir : @shai any setlmnt views
[14:09]   Shai : What that pull back info means is that one can trail this move with 70 x 2 as sl from the highs if you are in that TF
[14:09]   Shai : Kathir at highs f the day
[14:09]   Kathir : ok
[14:09]   Shai : 8146 is now supp in NF
[14:09]   Shai : pull back low
[14:11]   Shai : 8190 pull bback low in NF nov and sl for tom
[14:14]   Anay : Nov delta approaching 4 figures
[14:15]   Kathir : but price not worried
[14:16]   Shai : story of the afternoon is at 8100 ce- http://screencast.com/t/Di1rxLWAj
[14:16]   Shai : now 19 L down
[14:16]   Shai : 40 L still left
[14:18]   Shai : If they wrote on 30th sept they got 64 for that strike
[14:18]   Shai : now 60
[14:18]   Shai : http://screencast.com/t/NVGyCFiF
[14:22]   Amit J : check for allahabad bank call writers
[14:22]   Amit J : can be a good expiry trade
[14:33]   Shai : 2.30 to 2.45 is start of expiry move
[14:33]   Shai : gets over at 3.10- 315
[14:41]   Clay : Nifty HOD = 8167- just 3 less than 8170 of Hypo 1
[14:41]   Sharad : november delta -1040
[14:41]   Anay : Nov delta into 4 figures
[14:43]   Kathir : may be the maximum in a single day
[14:49]   Rahul G : shai are these new shorts or rollover shrts in the delta for nov any idea
[14:49]   r m : looks like the plan is for expiry at 8150/16650!
[14:55]   Shai : Can’t say Rahul for sure
[14:55]   Shai : But a chunk of them has to be rollovers
[14:56]   Rahul G : okay
[14:57]   r m : at last nf able to see its vwap!
[14:57]   Rahul G : shai BN closing below VAH from two days
[14:57]   Rahul G : does it say BN is week overall
[14:58]   Shai : yes loss of momentum
[14:58]   Shai : Not weak uptrend is pausing for consolidation
[14:58]   Shai : maybe stays in the 16300- 16900 kind of bracket for 15 days now
[14:59]   Rahul G : ok
[15:00]   Shai : BN does about a 500 pointer every week h-L
[15:00]   Shai : Nifty about 160 H-L
[15:00]   Shai : If vix jumps abv 16 that will change
[15:02]   r m : 8172
[15:02]   Narendra : at last
[15:03]   Shai : There is a mismatch in the Nifty delta
[15:03]   Shai : of Nov
[15:04]   Shai : Don’t go by the number of -963
[15:04]   Shai : some bad ticks have come in ‘
[15:04]   Amit J : wow allahabad call
[15:04]   r m : bn woke up finally
[15:05]   Shai : Apologies for the error- but it is not -1000
[15:05]   Shai : will ost chart on blog at close
[15:06]   Shai : it’s negative in the region of -300 ot -990
[15:08]   Kathir : is bnf trying to do HYPO 1 now 🙂
[15:08]   Shai : possible
[15:08]   Shai : 16690 sl
[15:09]   r m : bnf is a maverick, it can do anything 🙂
[15:10]   Kathir : if it completes hypo 1 now then 16800 ce is lotery
[15:10]   r m : it has already done 16794
[15:11]   Shai : a big tick error came on the prev NF chart the one on screen is the correct delta of NF Nov
[15:11]   Shai : -182 now
[15:12]   Amit J : shai your view on shriram transport. little urgent plz
[15:12]   Amit J : nov
[15:14]   Shai : sure
[15:14]   Shai : Give me the code it will be faster
[15:15]   Rahul G : NSE:SRTRANSFIN
[15:16]   Rahul G : shai I have a query with nifty futures comming to 25 lot from tomorrow
[15:16]   r m : ES is coming down since 2pm
[15:16]   Rahul G : is it advisable to go for BN now rather NF
[15:16]   r m : some 13 points from the day high
[15:17]   r m : DAX 1% down
[15:17]   Shai : srt can do 928 still if it crosses 918 in Nov F
[15:17]   Anay : what happened to Nov delta figs?
[15:17]   Anay : showing 208 now
[15:18]   Amit J : i want to short
[15:18]   r m : (15:11) Shai :a big tick error came on the prev NF chart the one on screen is the correct delta of NF Nov
[15:18]   Rahul G : some bad tcks amit
[15:18]   Kathir : 15:03 Shai : There is a mismatch in the Nifty delta
[15:18]   Kathir : 15:11 Shai : -182 now
[15:19]   Shai : Thanks Rahul for the cose
[15:19]   Shai : BNF 16794 excess high hit again
[15:19]   Shai : but still excess
[15:20]   Rahul G : shai had a question on whether Bn or NF is advisable to trade from tomorrow since lot size comming down
[15:20]   Anay : ohh…there are errors in e signal tick data as well?
[15:20]   Shai : does not make a diff- ATR will be the same
[15:20]   Shai : Vlumes also
[15:20]   Anay : lol…Nov delta is back to four figures
[15:20]   Rahul G : sorry abt last minute RCOM views if possible otherwise tomorrow will be fine too
[15:21]   Shai : purpose was just to bring the margin down as they think NF will go to 16000 now 🙂
[15:21]   Rahul G : 🙂
[15:21]   Kathir : nov nf delta not obeying shai 🙂
[15:22]   Anay : what’s the correct figure finally? -1000 or -200? 🙂
[15:22]   r m : must be re-charging itself from esignal store 🙂
[15:22]   Kathir : @any -200 should corect
[15:22]   Shai : rcom can drop if 101.8 breaks cash
[15:22]   Shai : obj of the move up was met at 102.9
[15:23]   Shai : Anay – 200 is correct
[15:23]   Shai : There was some data error in NF Nov which is rectified now
[15:24]   r m : (*** Private to Kathir ) ES going down sharply, may open gap down tomorrow, just a guess 🙂
[15:25]   Rahul G : guess with nifty comming to 25 per lot thr will high volatility and more volume from now on
[15:25]   Rahul G : will trade only a single lot for a few days
[15:25]   Anay : ok thans
[15:25]   Shai : possible
[15:25]   Anay : *thanks
[15:25]   Clay : ICICI Bank results out 30 min ago
[15:28]   Sharad : ES future 10 minus
[15:30]   Shai : thes eafternoon sellls in es often get retraced
[15:31]   Shai : 8186 Nov F and 16818 Nov BNF
[15:31]   Sharad : just for information
[15:31]   r m : Thanks and bye folks, have a great evening 🙂
[15:31]   Shai : Bye all
[15:31]   Shai : Have a great eve
[15:31]   Porus : bye
[15:31]   Sharad : Bye all
[15:32]   Clay : bye
[15:36]   Kathir : bye all