OrderFlow charts dated 03rd May 2018
08:53 Vtrender Live : (08:52) Vtrender Live: 30 min charts expanded- https://global.gotomeeting.com/join/256311733
(08:53) Vtrender Live: Option charts – https://join.me/746-282-767
08:59 Shai : (08:59) Shai : https://vtrender.com/evening-marketprofile-report-dated-02nd-may/
09:25 Shai : (09:24) Shai : Update : close the BNF positional shorts at 24555 here. WE will review later.
10:13 Shai : (10:13) Shai : Intra : short BankNifty 25580- 585 sl of 25645 tgt 25470
11:15 Shai : (11:15) Shai : Update : close the BNF shorts near cost here 25570- 575
12:44 Shai : (12:44) Shai : Intra : Buy NIfty 10693 sl of 10670 tgt 10717/ 10734
13:16 Shai : (13:16) Shai : NF at 10707. Part book the longs and ride with a new TSL of 10693 the rest.
13:28 Shai : (13:27) Shai : NF at 10715. Book fully the long intra
14:29 Shai : (14:29) Shai : Intra : Keep a NF buy above 10739 sl of 10724 tgt 10767. cp 10732. Buy above only
14:54 Shai : (14:53) Shai : Positional : Buy 10700 ce at 150 sl of 125 tgt 188/ 205.
15:01 Shai : (15:01) Shai : Avoid the NF intra Buy above call for now. We wont have time left
08:52 Vtrender Live : 30 min charts expanded- https://global.gotomeeting.com/join/256311733
08:53 Vtrender Live : Option charts – https://join.me/746-282-767
08:59 Shai : GM all
08:59 Shai : https://vtrender.com/evening-marketprofile-report-dated-02nd-may/
09:00 Uttam : Good Morning All 🙂
09:03 Jitender : Gm Shai, Folks 🙂
09:04 Chetan Shenoy : GM everyone 🙂
09:06 Jitender : pre opn is +2
09:10 TP : GM All.
09:13 Praneeth : Gm All
09:13 Praneeth : Shai, USINDR broke support level? 66.75?
09:17 TP : Shai BN range profile wise ?
09:17 Jitender : Dt done
09:17 Shai : no. oPEN auction in usdinr
09:17 Shai : allow it time
09:17 Praneeth : ok..
09:17 Uttam : green band in BNF
09:17 TP : +1 jit , overnight position.
09:17 Shai : 25455-25804 for BNF
09:18 TP : tks chief.
09:18 Jitender : yes Tej..all shrts
09:18 Chetan Shenoy : Congo Jit
09:18 Jitender : but wont be able 2 tem post 1 June now 🙁
09:18 TP : why?
09:18 Jitender : tx Chetan
09:19 Jitender : Margin ..the Sebi order
09:19 TP : oh yes got it but nothing for option buyers 😉
09:20 Jitender : nope
09:20 Jitender : ID shld remain the same..but spreads wud be higher esp in OTM
09:21 TP : yes double whammy for retail ….OTM expensive and they loose more 🙁
09:22 Jitender : Sebi wants retailers out of FnO..guess their master wantss 2 rule & make sure only biggies play
09:24 Shai : Update : close the BNF positional shorts at 24555 here. WE will review later.
09:25 Jitender : bnf has o=h
09:28 Uttam : lot of greens in BNF Shai? getting sup in those singles
09:28 Uttam : should have hit 25475 at open when it looked like moving away from the POC?
09:30 Shai : yes BNF not able to pierce the singles
09:30 Uttam : thanks Shai, it got that green band right at open but they could also be yesterday shorts booking out?
09:34 Uttam : BNF could have been a OTD down but no vols & not moving lower after the open
09:34 Uttam : both OA Shai?
09:43 Praneeth : shai, can u pls put 25.5 CE on charts
09:52 Jitender : AG goes lng
10:01 Shai : 25500 ce on screen
10:02 Shai : can do 129 that 25500 ce
10:02 Shai : 25613 in BNF
10:03 Shai : that exit of shorts was a right decision
10:03 Uttam : morning OH gone
10:03 Uttam : +1 Shai
10:03 Uttam : pink band forming in BNF here
10:03 Shai : if after a gap down it does not break singles then the seller is not having intent
10:03 Uttam : perfect +1
10:09 Shai : morning greens booked BNF
10:12 Shai : There is a seller in the 25500 ce as well. That long view to 129 cancels for now
10:12 Shai : 25600 pe of yesterday booked this morning
10:12 Uttam : that pink band in 25600pe in the morning was a good signal along with green band in BNF on 5mins at open
10:13 Shai : Intra : short BankNifty 25580- 585 sl of 25645 tgt 25470
10:21 Praneeth : vwap test in bnf
10:22 Shai : should break
10:22 Shai : selling is getting strnger
10:22 Uttam : NF looking weaker today Shai?
10:22 Shai : headed o 10660
10:27 Uttam : thanks Shai
10:36 Shai : pink band contra in BNF has 50 already
10:36 Jitender : again says go long (09:52) Jitender : AG goes lng
10:36 Boppanna : lets get that quick 100 in BNF
10:37 Jitender : +1
10:46 Shai : That garg guy arrested is on TV?
10:47 Chetan Shenoy : pc jew
10:47 Chetan Shenoy : on btvi
10:47 Shai : yes PC
10:47 Shai : ok
10:54 Boppanna : Seeemed to have jinxed it 🙁 10:36 Boppanna : lets get that quick 100 in BNF
10:57 Jitender : all tis rise in bth feels very unnatural
10:58 Jitender : shit has 2 hit the fan
11:00 Jitender : NF was at 10155 lvls fr 2629 lvl of spx
11:00 Jitender : Shai…2625 is a strong supp in spx ?
11:06 Shai : 2617-20 is
11:06 Jitender : tx
11:07 Shai : day after FOMC is generaly a pullback day to whatever happened
11:07 Jitender : cool
11:08 Shai : I’ve seen that work almost 95% when expectation was built in
11:08 Shai : rare case when they surprsed the trend has continued
11:08 Jitender : k
11:10 TP : Shai @BamaTrader has tweeted some great charts on spx OF looks like IRT stuff do check them when you get time .
11:10 Shai : today?
11:10 Shai : Yeah I follow him . He’s an old timer and has a very good read
11:10 TP : oh ok …just an hour back i guess.
11:11 Shai : was a very big bear and then he became a supporter of Trump and kept aside from shorting post the big trump rally last year 🙂
11:12 Boppanna : 1lkh guy in NF
11:12 Shai : Oh you should have seen his dilemma
11:13 TP : All these biggies have a bias which kills in these fast moving markets 😉
11:14 Jitender : PcJ owner Garg on tv
11:14 Jitender : sayn all rumors…nt arrested
11:14 Jitender : or any enquiry query
11:15 Shai : Update : close the BNF shorts near cost here 25570- 575
11:15 Uttam : 10659 in NF was the weekly ext handle last week so can expect sup here & that 1.5L green coming just above it now
11:15 Jitender : intra DT also done….
11:15 Shai : BNF undecided
11:15 Uttam : not breaking 25540 BNF
11:15 Shai : that means last hour would be good
11:16 Jitender : ys
11:16 Uttam : cool Shai
11:17 Shiv : tough reading BNF trend today
11:17 Shiv : OI shows more on Put side
11:18 Uttam : BNF is coiling so can give a good move later
11:20 Uttam : 80 point range since morning
11:20 Uttam : BNF
11:20 Uttam : can get a 2IB move
11:22 TP : 3ib does the vix range of 240 also Uttam 😉
11:22 Jitender : 🙂
11:29 Uttam : Amen Tej 🙂
11:32 Uttam : 25500 combo at 96 Tej, lets see if it breaks 60 or not today
11:32 Uttam : option pain also there
11:33 TP : yes 60 or 2;30 price 😉
11:33 Uttam : +1
11:33 TP : garg tv appearance lifts PCJ 25% off the lows.
11:33 Uttam : wow…
11:34 Uttam : IBL & vwap getting aligned in NF, last time it got rejected form IBL
11:38 Praneeth : hows the buying volume shai in order to take out IBH in this move in bnf?
11:39 Uttam : path of least res up now Praneeth as BNF could not break lower
11:39 Uttam : 25630 needs to be taken out though
11:40 Uttam : NF has got good green delta since morning
11:40 Uttam : and that 1.5L at 10665 stalled the downmove there
11:40 Praneeth : gr8, thanks uttam
11:48 Uttam : NF getting resisted at that vwap+ibl combine
12:04 Shai : 10666 guy has got vwap
12:05 Shai : not much morning buyer booked – (11:38) Praneeth : hows the buying volume shai in order to take out IBH in this move in bnf?
12:06 Himanshu : is current seller of 62k is not able to get nifty down?
12:06 Shai : could be a part of that 154k buy order liquidating
12:07 Shai : he will begin liquidating if unable to get past supply at vwap
12:07 Himanshu : yeah ok
12:08 Praneeth : bnf CEs being heavily written
12:13 Shai : anyone uses tradeslounge here? do they have weekly BN OI strikes?
12:14 Shai : appreciate a link
12:14 Shiv : Guys . Hiws BNF looking ? are we having moment towards 25500 or 25700
12:15 Shiv : The OI is fighting between 25600CE and 25500PE
12:16 Shiv : Appreciate any suggestions
12:19 Shai : 25630 F zone res
12:20 Shai : above that quick move to 25710
12:20 Shai : I’ll have lings waiting at 25630- 35 with a 30 point stop for 710
12:20 Shai : longs*
12:20 Uttam : +1 Shai
12:21 Uttam : (11:39) Uttam : path of least res up now Praneeth as BNF could not break lower(11:39) Uttam : 25630 needs to be taken out though
12:21 Shai : +1
12:21 Himanshu : 25630 POC right ?
12:22 Uttam : yep
12:22 Uttam : yesterday’s poc
12:22 Shiv : Thanks Shai
12:23 Shiv : If we go lower whats the point to enter. I do options hence have to compare your prices to strike price
12:23 Himanshu : y of ypoc is not appearing on screen
12:24 Shai : just a naming convention
12:24 Shai : it’s either poc and dpoc where d is today or developing
12:24 Shai : or ypoc and poc where y is yesterday
12:27 Himanshu : okk and 25710 is 1IB ?
12:27 Uttam : 2IB
12:28 Himanshu : ok 25810 is 3IB ?
12:28 Uttam : yep
12:28 Himanshu : ok ..
12:29 Himanshu : means if poc crossed then 2IB and 3IB are targets ?
12:30 Uttam : there is no hard rule as such but on IBH or IBL extension we can expect a 2IB day especially when value area is not overlapping
12:32 Himanshu : okk
12:33 Himanshu : value area means poc
12:33 Himanshu : ?
12:34 Shai : POC is the highest volume traded in a session
12:34 Shai : point of control= POC
12:35 Himanshu : whats value area ? is dvah – dval ?
12:35 Uttam : that is today’s developing value area
12:36 Shai : For all who want to know how to utilise the MarketProfile better join in for the Mumbai workshop next Saturday in Mumbai at – https://in.explara.com/e/vtrender-live-workshop-mumbai/
12:36 Himanshu : is to compare with yesterday’s VAH-VAL?
12:38 Uttam : NF getting above that IBL+vap combo of 10690
12:44 Shai : Intra : Buy NIfty 10693 sl of 10670 tgt 10717/ 10734
12:47 TP : Shai tab2 , tks.
13:00 Uttam : pink band coming in BNf at 25630
13:00 Uttam : neutralised
13:04 Jitender : as said yday 15:06 Jitender : 630-640 zone 2 b on watch morrow
13:09 Shiv : it eould not breach 630 today ?
13:10 Uttam : that straddle at 83 now Tej
13:10 Jitender : Shiv its an acceptance rejection zone fr the day
13:10 TP : both 5 n 6 in same range.
13:11 Uttam : 25600ce+25500pe at 40
13:11 Uttam : guess this is headed to 0?
13:11 Uttam : so that 25500 str can give 90-100?
13:12 Uttam : max
13:12 Uttam : pain at 25500
13:12 TP : day range still has about 130 points so one can move .
13:12 Shai : +1- (13:04) Jitender : as said yday 15:06 Jitender : 630-640 zone 2 b on watch morrow
13:15 Jitender : tx chief
13:16 Shai : NF at 10707. Part book the longs and ride with a new TSL of 10693 the rest.
13:19 Uttam : (13:19) Shai : pink band cleared
13:21 Uttam : pink band in 25500ce
13:21 Jitender : ndd in bnf
13:21 Jitender : & spot still beloe 600
13:22 Uttam : spot has a ledge at 25600
13:22 Uttam : today ledge at 25550
13:22 Jitender : k..tx
13:22 Uttam : so till above it can close higher
13:24 Shiv : Spot is above 600
13:24 Jitender : (12:19) Shai : 25630 F zone res(12:20) Shai : above that quick move to 25710(12:20) Shai : I’ll have lings waiting at 25630- 35 with a 30 point stop for 710
13:25 Jitender : ys Shiv
13:27 Chetan Shenoy : Shai : NF at 10715. Book fully the long intra
13:28 Shai : (13:27) Shai : NF at 10715. Book fully the long intra
13:28 Shai : Thanks Chetan
13:28 Chetan Shenoy : wc Shai 🙂
13:29 Uttam : Nf approaching IBH
13:29 Uttam : BNF does 2IB
13:29 Uttam : but good reds coming here
13:30 Uttam : (11:18) Uttam : BNF is coiling so can give a good move later(11:20) Uttam : can get a 2IB move
13:30 Jitender : +1
13:31 Chetan Shenoy : +1
13:31 Shai : +1
13:32 Uttam : is NF giving an FA today?
13:32 Shai : 25711 and reds
13:32 Uttam : yes Shai
13:32 Uttam : NF also has a 65k red at top
13:32 Uttam : nice bell in NF
13:35 Shai : 20 mins – (12:19) Shai : 25630 F zone res(12:20) Shai : above that quick move to 25710
13:36 Jitender : +100
13:36 Uttam : +1 Shai
13:36 TP : +1
13:37 Jitender : French PM wud have called Shai a very ‘delicious’ whiz 🙂
13:37 Jitender : Prez
13:38 Chetan Shenoy : hehe
13:39 Uttam : lol Jit
13:39 Jitender : imagine going 2 sumone’s home…stayn tere n calnn his wife delicious
13:40 Uttam : Shai, if NF gets above 10730 then on for 10745-55?
13:45 Boppanna : Shai could we have 25600ce BNF options screen
13:51 Shai : lol- (13:37) Jitender : French PM wud have called Shai a very ‘delicious’ whiz 🙂
13:51 Praneeth : shai, vwap test possible in bnf now?
13:52 TP : utam 256k combo 60 now.
13:52 Shai : on screen – (13:45) Boppanna : Shai could we have 25600ce BNF options screen
13:52 Boppanna : thx
13:52 Shai : Praneeth 630 if 670 breaks
13:52 Praneeth : thanks shai
13:52 Shai : below 630 it needs a resassess again
13:53 Shai : re- assess
13:53 Shai : I really want Alexa ro join webinato 🙂
13:53 Jitender : good thought 🙂
13:54 Uttam : yes Tej just below 60 now that combo
13:54 Shai : and next execute trades also
13:54 TP : too early to hit 60
13:54 Shai : How’s that for a thought?
13:54 Jitender : nt bad…
13:55 Ankush : who is alexa ro?
13:55 Jitender : Bop 25.6ce becomes a shrt below 30
13:56 Shai : Alexa- the amazon voice assistant
13:56 Ankush : ohhhh
13:57 Praneeth : shai, 25.6kPE good buy here?
13:59 Boppanna : thx Jit..Have my eye on 25500pe of next week and using that as a trigger
13:59 Jitender : cool
14:00 Jitender : safer shrts wud b below 640….though
14:01 Boppanna : +1 even safer 630 🙂
14:02 Jitender : perfect
14:07 Boppanna : SHai any lottery?
14:08 Boppanna : pink band 25600ce
14:10 Shai : no
14:10 Shai : headed upwards both
14:10 RK : 25900CE lottery imo
14:11 Ankush : 25900?
14:11 Ankush : or 25700?
14:11 RK : 900
14:12 Shiv : i am on 25700 CE BNF . howa it looking ?
14:12 Shiv : any exit point ?
14:12 Shiv : bought at 4.5
14:12 Jitender : ndd in bnf
14:12 Shiv : NDD ?
14:13 RK : 25760/800/960 my F obj for BNF today
14:13 Uttam : BN Spot can repair the poor highs
14:13 RK : if things goes as per plan
14:13 Uttam : +1 RK
14:13 Uttam : got above the ledge now looking to tag that high
14:13 Shiv : NDD ?
14:13 Jitender : negative delta divergence
14:14 Jitender : 2nd pane charts
14:15 Shiv : NDD is upward or downward ? I have not gone through Delta divergence yet
14:15 Jitender : Bop tis can halt bnf (14:08) Boppanna : pink band 25600ce
14:16 Jitender : Shiv….its a contra sell caught by Shai’s system……
14:17 Shiv : ok thanks
14:21 Jitender : nf also stalln at the morn pink band zone
14:26 Uttam : option pain moves upto 25600
14:29 Shai : Intra : Keep a NF buy above 10739 sl of 10724 tgt 10767. cp 10732. Buy above only
14:31 Shai : Anyone here traded on Monday saw 10725 at the Open on Monday at 9.15?
14:31 Shai : or was it a fake?
14:31 RK : fake
14:31 Shai : thanks RK
14:32 RK : 748 or smthing was tradeable low
14:32 Jitender : done 2 trips from 51-40 (14:15) Jitender : Bop tis can halt bnf (14:08) Boppanna : pink band 25600ce
14:32 Jitender : still holdn sum
14:32 Shai : ++1
14:32 Jitender : watch tis (13:55) Jitender : Bop 25.6ce becomes a shrt below 30
14:33 Boppanna : +1 Jit got my trigger
14:34 Jitender : 13 more book at 18…rest for 15 SL or zero 🙂 (14:32) Jitender : still holdn sum
14:34 Jitender : 1/3rd
14:34 Chetan Shenoy : +1
14:35 Jitender : *32 SL
14:35 Jitender : man i can’t type straight
14:36 Chetan Shenoy : hehe
14:36 Jitender : 25.7pe doubles from DL
14:39 Jitender : bnf prem up from 63 to 100
14:42 Jitender : if bnf crooses 670 again…we will get new DH & SC
14:42 Jitender : all out at 14
14:43 Boppanna : yep still 630 the key for downside
14:53 Jitender : 50 on bnf on up & counting (14:42) Jitender : if bnf crooses 670 again…we will get new DH & SC
14:53 Shai : Positional : Buy 10700 ce at 150 sl of 125 tgt 188/ 205.
14:54 Boppanna : RK lining up his soldiers to target1
14:54 Boppanna : BNF
14:56 Jitender : new high printed (14:42) Jitender : if bnf crooses 670 again…we will get new DH & SC
14:57 Jitender : sweet day so far
14:57 Jitender : pause for next 10mins…no positions
15:01 Shai : Avoid the NF intra Buy above call for now. We wont have time left
15:05 Jitender : bots read it & stalled it tere only (14:11) RK : 900
15:08 Jitender : Shai..can take fresh puts for morrow…based purely on spx ?
15:09 TP : uttam that 256k combo down to 19.
15:13 Shai : No spx 2638- 2619 for today. bigger rally if 2638 taken out
15:13 Jitender : tx
15:13 RK : Jit you can fade me
15:13 Jitender : no Rk…
15:13 Jitender : its just the cold
15:14 Uttam : yes Tej & that 25500pe+25600ce in single digits?
15:14 Jitender : u r deadly man…& ii am gonna go full on yr next call
15:14 Jitender : tat will rock
15:14 Jitender : u r maxed out on fades
15:15 Shai : tat 25900 was next series .
15:15 RK : 🙂
15:15 Jitender : 🙂
15:16 Shai : with a stop of 25580 we have 25970 doable in 2-3 sessions
15:16 Shai : ?
15:16 TP : (13:54) TP : too early to hit 60 ….this was the clue Uttam.
15:16 Shai : wasn’t it?
15:16 Uttam : yes Tej & the other one mae a low of 85 I think
15:16 Uttam : 25500
15:16 TP : +1
15:16 Uttam : will observe it on all weekly expiries
15:18 Uttam : RK what you make of NF, value lower today
15:18 Uttam : closing at POC
15:18 RK : Shai we have divergence here between NF and BNF..NF failed to test IPM zone supply fail and BNF also failed to use the momentum so settlement play
15:18 Shai : am ready to buy the breakout above 25740 tom for a 200 point ride up
15:18 Uttam : but balance made today & low at imp level of 10665
15:18 Uttam : +1 Shai 25980 is a vpoc too in BNF
15:18 Jitender : Uttam..just a small obs nf stalled at 729..wile bnf wwas ready to go
15:19 Jitender : post 3pm
15:19 Shai : +1 RK
15:19 Shai : neutralcenter NF
15:19 RK : yes Uttam NF standalone mving sideways to downside here and close below 700 is good there with sellers
15:19 RK : BNF overlap with DD so not sobullish here and need tmw first session to decide
15:20 RK : that 620 extn in BNF tmw will give us clue
15:21 RK : yes..same with NF..roughly above 760 can run up (15:18) Shai : am ready to buy the breakout above 25740 tom for a 200 point ride up
15:21 Shai : 230 point range BNF
15:21 Uttam : Suyog nailed it yet again
15:21 Shai : but we heard it yesterday didn’t we 🙂
15:21 Uttam : +1 Shai
15:21 Jitender : 🙂
15:21 Jitender : +1 to Suyog
15:21 Shai : +1 to Suyog
15:22 Jitender : Tej..score ?
15:23 TP : 1.5 , just traded PCJ .
15:23 Jitender : Congrats bro
15:23 TP : some small index options. for chai pani.
15:23 Jitender : it took off after the Garg guy came on Tv
15:23 Shai : lol
15:24 TP : I got confidence from Shai’s level !!
15:24 Shai : Garg must have been left wondering who they caught and produced in the CBI office 🙂
15:24 Jitender : hehe
15:24 TP : 😉
15:26 Uttam : 97k green in NF
15:26 TP : bots following Shai’s positional call 🙂
15:27 RK : this is because sellers were initiative at start of the day then responsive on the rise twice and managed to close at VWAP (15:19) RK : yes Uttam NF standalone mving sideways to downside here and close below 700 is good there with sellers
15:27 RK : @Uttam
15:27 RK : so context wise we could expect them to extend range futher to test IPM zone 620-640 tmw
15:28 Uttam : cool RK +1
15:28 Boppanna : Shai big reds?
15:28 Boppanna : in BNF
15:29 Jitender : bye all
15:29 Shai : yes reds
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Chetan Shenoy : bye all 🙂
15:29 TP : 256K Combo below 1.
15:30 TP : Bye All.
15:32 Uttam : thanks All 🙂 have a lovely evening
09:22 TP : PCJ down another 10% , lost 47% this week.
09:23 Uttam : OMG and that’s there in F&O right?
09:25 TP : been in ban Uttam.
09:27 Uttam : oh but who would have taken a PE and kept for them bonaza
11:43 Sandesh : hi Shai, whats ur view on RILINFRA
11:50 TP : Shai views on PCJ , ID levels.
12:40 Ankush : shai.. view on ujjivan intraday?
13:05 Shai : pcj good buying intra at 98.6, 103 , 108
13:05 Shai : stable abv 107 for now but prev supply at 124 still
13:06 TP : tks chief , 103 guy is familiar 🙂
13:06 Shai : close abv 128 today can forece short covering else down again below 128
13:09 Shai : ujjivan heaed back to 432
13:09 Shai : sl below 413 for now
13:09 Ankush : ok.. thanks shai
13:12 Shai : relinfra 411 zone is a support and holding it can boucne back over next 2 sessions to 435 again
13:12 Shai : but stock is weak still on clsoing below 435
13:14 TP : PCJ in trading ban then how come F showing increse in OI ( someone just tweeted)
13:16 Sandesh : tq
13:17 Gaurav : intraday is allowed
13:18 Gaurav : EOD OI would be constant or decresing (positional guys can cover)
13:19 Shai : pink band cleared
13:19 TP : ID trading also not allowed says in ban.
13:27 Shai : NF at 10715. Book fully the long intra
13:28 Sandesh : sunpharma ID veiw please
14:52 TP : PCJ hits 123 !!
14:55 TP : what levels chief PCJ falls to 116 from that 124 supply in minutes +1