OrderFlow charts dated 09th April

The NF and BNF charts from the Trading Room 

 

30 Min Bnf Bid 2 Orderflow Charts Dated 09Th April Auction Market Theory 30 Min Fp Nf 2 Orderflow Charts Dated 09Th April Auction Market Theory Delta Stack 2 Orderflow Charts Dated 09Th April Auction Market Theory Delta Stack Bn 2 Orderflow Charts Dated 09Th April Auction Market Theory

 

 

08:36   Vtrender Live : (08:36) Vtrender Live: 30min charts (bigger) – https://global.gotomeeting.com/join/777072869
(08:36) Vtrender Live: option charts – https://join.me/vtrenderlive

08:42   Shai : (08:41) Shai : https://vtrender.com/evening-report-dated-06th-april/
(08:41) Shai : weekly outlook- https://vtrender.com/weekly-hypos-week-dated-9th-april-to-13th-april-spot-prices/

09:21   Shai : (09:21) Shai : Buy Nifty 10385 sl of 10360 tgt 10420.

09:27   Shai : (09:27) Shai : NF 10400. Book half an d raise sl to cost

10:04   Shai : (10:04) Shai : Book the NF longs at 10408 here. High made of 10415

10:58   Shai : (10:57) Shai : Intra : short BankNifty 25055-25060 sl of 25115 tgt 24960/24865.
Trade a smaller size

11:32   Shai : (11:32) Shai : Close the BNF shorts at 25035 -40

12:22   Shai : (12:22) Shai : Buy BankNifty above 25104 sl of 25040 tgt 25197 . cmp 25080. Buy abv only

12:44   Shai : (12:44) Shai : Remove the BNF buy above from the system
(12:44) Shai : we won\’t do it

13:41   Shai : (13:41) Shai : Positional : Buy 10300 pe 50%25 at 92 here and keep another buy open at 82. Sl of 65 on trade. TGt is 135 and 152

13:42   Shai : Do in 2 equal parts. We will pick at 82 also if it comes

13:43   Shai : (13:43) Shai : update 2 – close the 9600 PE short at 9.8 here

14:15   Shai : (14:15) Shai : Buy BankNifty 25155 sl of 25070 tt 25277/ 25306

14:15   Shai : (14:15) Shai : Buy BankNifty 25155 sl of 25070 tt 25277/ 25306

14:16   Shai : (14:16) Shai : Don\’t buy the second part in 10300 pe yet at 82. We will add that near the close

15:10   Shai : (15:10) Shai : Close the BNF intra longs at 25125 here

15:11   Shai : (15:11) Shai : Update : stay with 50%25 quantity on the 10300 pe . We won\’t add today

 

 

08:36   Vtrender Live : 30min charts (bigger) – https://global.gotomeeting.com/join/777072869
08:36   Vtrender Live : option charts – https://join.me/vtrenderlive
08:41   Shai : GM all
08:41   Shai : https://vtrender.com/evening-report-dated-06th-april/
08:41   Shai : weekly outlook- https://vtrender.com/weekly-hypos-week-dated-9th-april-to-13th-april-spot-prices/
09:00   Shai : Friday Poc was prominent at 10336
09:00   Shai : sgx projects an open around there
09:00   Shai : 10293- 10303 supp lower
09:00   Shai : res higher at 10362
09:06   Manish : gm everyone
09:09   Uttam : Good Morning All 🙂
09:11   NDee : Gm shai, All!
09:12   TP : GM All.
09:17   Uttam : both getting pink band at top at open on 30mins
09:18   Uttam : BNF pink band there on 5mins too
09:18   Shai : globe is moving up last 1 hour
09:19   Chetan Shenoy : bnf o=l
09:19   Jitender : Gm Shai, Folks 🙂
09:20   Uttam : looming like a OTD Shai?
09:20   Uttam : looking*
09:20   Uttam : BNF hits vpoc of 25060
09:21   Shai : Buy Nifty 10385 sl of 10360 tgt 10420.
09:22   Uttam : Nifty spot 10389 is a vpoc looks to be headed there
09:22   Uttam : 10416 is also 1atr from that fa of 10304
09:25   TP : Shai IB range/day range missing in 5 min chart.
09:27   Shai : NF 10400. Book half an d raise sl to cost
09:29   Uttam : OTD in both Shai though vols are low?
09:30   Shai : it’s there TP bit unstable but will fix it
09:30   Shai : 10420 expectation of the move still
09:31   Uttam : tested yVAH & now taying above pdh
09:31   Shai : some selling coming back
09:31   Shai : vwap supp
09:31   TP : tks ….(09:30) Shai : it’s there TP bit unstable but will fix it
09:32   Shai : volume not there for a drive – (09:29) Uttam : OTD in both Shai though vols are low?
09:33   Uttam : so just an Open Auction start or OTF can still come & drive it in one direction?
09:34   Uttam : Spot looks like an OD though in both with almost OL start
09:36   HK : GM Shai and friedns
09:37   HK : OD gets 15 lacs volume at the open and we are nearly there
09:39   Manish : is the volume the middle section in the delta stack screen ? The red and green bars ?
09:40   Shai : under 13 still HK after 25 mins
09:40   Shai : OD would have crossed 20L in 15 mins
09:40   HK : ok Shai, got it, noted
09:40   Shai : yes- (09:39) Manish : is the volume the middle section in the delta stack screen ? The red and green bars ?
09:48   Boppanna : shai can you adjust the BNF put option screen please..
09:54   Uttam : (09:22) Uttam : 10416 is also 1atr from that fa of 10304…makes high of 10414.9 so far
09:54   HK : @uttam that was outstanding
09:54   Manish : uttam +1
09:54   TP : Shai are you givivng us a trend day :)14:24 Shai : let’s close it here and trade a Trend day on Monday
09:55   HK : Hard to trust 1 lac + sellers these days huh
09:55   Uttam : thanks HK & Manish 🙂
09:56   Manish : trump tweeted a positive tweet about china trade war over the weekend.
09:56   Uttam : possible Tej, we have left that wide poc of 10336 so could be movih higher to tag the vpocs above 10434 & 10533
09:56   Uttam : 10529 is also 2atr from 10304
09:56   TP : +1 uttam
09:57   HK : looks like Pros screwing FIIs
10:04   Shai : Book the NF longs at 10408 here. High made of 10415
10:06   Shai : next leg of the auction dependent on what happens above 10420
10:06   Shai : for now vwap at 10385-89 is a supp
10:07   Boppanna : BNF pink band trying to push it down
10:11   Shai : yes
10:11   Shai : 25015 has a mix of buyers and sellers
10:12   Shai : may supp buyers for now
10:12   Shai : below that 24964 a supp
10:12   Shai : if 24964 breaks then these sellers get bigger rewards
10:13   Uttam : (09:22) Uttam : Nifty spot 10389 is a vpoc looks to be headed there…Spot tags 10389
10:15   Shai : yes 10419 is that vpoc in F
10:19   Boppanna : BN spot in the 24900-25050 zone and NS around 10385 both can act as a pivot as per Shai”s weekly report
10:22   Jitender : Shai..abv 10420 …Fii get screwed & we get 10560-10600 ?
10:22   Jitender : or fii can let it run till 10480 ?
10:24   Shai : yes that is the number for Fii’s to think of flipping
10:27   Jitender : tx
10:28   Boppanna : Shai chances of ending in a P today ?
10:28   Shai : more likely
10:28   Boppanna : thx
10:29   Sunil : better….p with BIG…L/M..;)
10:29   Shai : Fire Chanda news doing the rounds now
10:29   Jitender : yup
10:29   Jitender : but tat wud be +ve 😉
10:29   Shai : 🙂
10:35   Jitender : lets see whether we get a range ext or rej at DHs
10:36   Manish : is that 10414 and 25085 ?
10:37   Jitender : ys IBHs
10:37   Manish : ok thnx
10:57   Davis : Nifty spot Jan Low 10404. Still Nifty unable to cross above that..
10:57   Shai : Intra : short BankNifty 25055-25060 sl of 25115 tgt 24960/24865.
10:58   Shai : Trade a smaller size
10:59   Shai : NF breaking vwap
11:21   HK : Shai, I am aware delta is only a minor factor, but NF has been going up on Friday and Today on red delta on 30 mins all thro the day, how do you interpret that
11:24   Shai : delta is becoming irrelevant as an indicator HK
11:24   Shai : we are moving away from the concept of delta
11:25   Shai : That’s because pros have found a way around delta by reducing sizing and hiding intentions
11:25   HK : How abt SM/FII/Insti chart, I am unable to read it
11:25   Shai : we will be making changes to that to reflect the new conditions
11:26   Uttam : +1 Shai
11:26   Shai : back to 25015- (10:11) Shai : 25015 has a mix of buyers and sellers
11:26   TP : +1 Chief , our room leads the way !!
11:27   Shai : The trading world keeps getting smarter. We have to keep sharpening the edge
11:27   Shai : cant live in the past
11:27   Manish : Shai, TP, Jit, lets say in the next couple of years everyone starts using MP/OF. Then do we loose the edge ?
11:28   Shai : they won’t
11:28   TP : Manish concept remains the same , like Shai said we need to find our edge.
11:28   Boppanna : +1 11:26 Shai : back to 25015
11:29   Manish : thnx shai, tej
11:29   HK : Yes VT room is way ahead
11:30   HK : But then the onus is also on us to continuously challenge and contribute
11:32   Shai : Close the BNF shorts at 25035 -40
11:33   Boppanna : that 25 K red looks late Shai right at supp?
11:33   Shai : 40 points of indecision here 25015- 25065
11:33   Boppanna : in BNF
11:35   Shai : yes
11:37   Shai : Keep looking at the OrderFlow guys- It’s not just about who is right but see how the upside down traders react also
11:37   Shai : If 25010 breaks we shuld get a drp of 50 points
11:37   Shai : but let’s take it as a new sell below it
11:37   Boppanna : +100 or else it take away whatever profits gained in a jiffy
11:38   HK : Uttam, has MO hit 100
11:41   Uttam : I do not have MO chart HK, RK & RM have
11:55   Uttam : BN Spot already has made a IBH ext & has poor highs today
11:55   Uttam : morning singles intact so path of least res seems to be up
11:56   Uttam : NF also back at vwap now
11:58   Jitender : 24.3pe still gvng 30 points
12:06   Uttam : late shorts coming out in both looks like
12:11   Jitender : icici says tat tere is no board meetn tis week
12:17   Uttam : finally BNF making IBH ext
12:17   Uttam : 24k red there though
12:18   Uttam : BN Spot repairs poor high
12:18   Uttam : Nifty Spot also does IBH ext now
12:22   HK : Shai, 10100 PE is getting PDDs from Friday, is that PE writers covering
12:22   Shai : Buy BankNifty above 25104 sl of 25040 tgt 25197 . cmp 25080. Buy abv only
12:23   Shai : could be- (12:22) HK : Shai, 10100 PE is getting PDDs from Friday, is that PE writers covering
12:36   Jitender : 10.3ce sustaining over 188 wud b the 1st clue
12:38   Uttam : volumes have been on the lower side in options looks like both CE / PE
12:38   Uttam : but yes above 188 that 10300ce will be good for longs
12:39   Uttam : 10300pe 96 is res should stay below it rest of day for it to fall even more later today
12:40   Uttam : agrresive seller in NF at vwap
12:42   Uttam : BNF also at vwap now
12:42   Uttam : probable FA at top today
12:43   HK : VAH and IBL are at the same place
12:44   HK : probably targeting that
12:44   Shai : Remove the BNF buy above from the system
12:44   Shai : we won’t do it
12:45   TP : sell below 510 still valid bnf.
12:45   Uttam : big reds in NF Shai?
12:45   Uttam : looks like some invetory adjustment could happen?
12:49   Chetan Shenoy : some rumors abot yuan devaluation being studied by china as a tool for trade spat
12:49   HK : Syria as well
12:49   HK : Trump probably want to save his shorts SL
12:51   Shai : yes- (12:45) TP : sell below 510 still valid bnf.
12:52   TP : tks
12:52   Uttam : probable FA at top in Nifty Spot also
12:53   Uttam : 10395 one test pending looks like
12:57   Uttam : (12:53) Uttam : 10395 one test pending looks like…high in this bounce 10393.8 so far
12:59   Uttam : BNF making a ledge at 25075-85 levels
13:00   Uttam : now both back above vwap
13:00   Uttam : BNF at IBH
13:02   Shai : hmm- (12:49) Chetan Shenoy: some rumors abot yuan devaluation being studied by china as a tool for trade spat
13:02   Shai : currency wars and trade wars togther 🙂
13:03   TP : Russian index down 4.3 %
13:05   Jitender : spx from +18 to+ 10 ..& nw bck 2 +18
13:05   Chetan Shenoy : ooh
13:09   Jitender : reds have 2 press her fr IBL…else greens will clean them
13:09   Uttam : yes Jit looks like tough fight going on
13:09   Uttam : BNF holding fort
13:11   Jitender : if Fiiz can press here..its a good pos for pos shrts
13:11   Jitender : & abv DH fr pos longs
13:15   Uttam : if we do not have a good range ext in BNF bright chances of some long liquidation happening later in the afternoon today
13:16   Jitender : yup…is spx doesn’t spike up
13:16   Uttam : +1
13:16   Shai : stay light guys
13:16   Uttam : yes Shai…
13:16   Shai : we should have big boys choose sides later this afternoon
13:17   Jitender : in2 a straddle…will let go of one end…hopefully to make sum DT amt 🙂
13:17   Shai : es futures 2632 decisive intra level
13:18   Shai : roughly abv 2645 shorts will feel th heat
13:18   Shai : and can trigger 2715 again
13:18   Shai : 2570 was the number we called for swing and despite tests there has been unable to go below
13:20   HK : There was a 1.92 sellers at 10380 on Friday, not sure if he has covered
13:20   Jitender : nope
13:21   HK : options charts showing 10330 pe being bought from morning
13:21   HK : *10300
13:21   HK : and MO at extremes,
13:21   HK : confluence of indicators, only OF not confirming the side yet
13:25   Uttam : BNF makes new hgih but 50k red there
13:26   Boppanna : Big red in BNF
13:26   Uttam : no FA in BNF as back above IBH again
13:29   Uttam : refresh needed Shai
13:29   Uttam : delta not matching in that 50k red column
13:34   Uttam : thanks Shai
13:41   Shai : Positional : Buy 10300 pe 50% at 92 here and keep another buy open at 82. Sl of 65 on trade. TGt is 135 and 152
13:42   Shai : Do in 2 equal parts. We will pick at 82 also if it comes
13:43   Shai : update 2 – close the 9600 PE short at 9.8 here
13:47   Uttam : 25000PE also having a green band Shai?
13:48   Shai : ye
13:49   HK : What is the Nf eqivalent of 10300 PE target of 135 and 152
13:51   HK : approx
13:52   Shai : 10293
13:52   Shai : looking for a test down to 10330 and 10300
13:53   Shai : May not come today but tom we could be there
13:53   Shai : Sl is above 10427
13:53   HK : Yes, distribution in progress
13:53   Shai : Trading with a PE as still counter trend
13:53   Boppanna : Shai view on BNF ?
13:54   Shai : 25115 – 25150 F es
13:54   Shai : res*
13:54   Boppanna : ok
13:54   Shai : still sellers holding that 25110 F fro morning
13:54   Shai : no shorts till that breaks
13:54   Shai : BUyers holding*
13:54   Mohit : 25010 ?
13:54   Boppanna : 25010?
13:55   Shai : 25010 yes
13:56   TP : Shai above 10427 nex t resistance zone , looking at some option play.
13:58   Shai : 10525
13:59   TP : tks
14:07   Uttam : 66k red in BNF at new highs
14:08   HK : RK gone to cave again
14:10   Davis : I feel they will make all shorts exit today and make everyone go long overnight and big gap down tomorrow. Gut feeling
14:11   Shai : looks like that
14:11   Shai : if vwap does not break we may close at highs
14:12   Jitender : 1 scenario : 20more mins to scale 10404 in nf ..post Uttam will start liquidation
14:13   Jitender : else post
14:13   Manish : shai, can purchase balance 10300 PE @ 85 ?
14:14   Jitender : spx + 22
14:14   TP : Shai above your bn 197 intra tgt next level intra.
14:15   Shai : Buy BankNifty 25155 sl of 25070 tt 25277/ 25306
14:15   TP : yes !!
14:15   Jitender : 🙂
14:16   Shai : Don’t buy the second part in 10300 pe yet at 82. We will add that near the close
14:17   Shai : we may get a close higher if vwap is held
14:17   Manish : ok thnx
14:17   Shai : so we can pick that PE near the clsoe
14:17   Manish : shai, why NF and BNF are opposite directional trades ?
14:18   Jitender : bth stalln
14:21   Jitender : (12:36) Jitender : 10.3ce sustaining over 188 wud b the 1st clue
14:21   Jitender : dumpn strts…
14:23   HK : bring it on Jit, testing too much of patience
14:23   Jitender : yh
14:32   Jitender : AG long on bnf & icici 280ce
14:40   Sandeep : top of 27654 and low of 23624…its 38.2% comes at 25154
14:43   Chetan Shenoy : Thanks Jit 🙂 Jitender : AG long on bnf & icici 280ce
14:43   Jitender : wc 😉
14:43   Kathir : 🙂
14:44   Shai : 25090 buyer supporting
14:45   Uttam : IBH also that is in BNF today
14:45   Jitender : & yr 75-85 ledge
14:46   Uttam : yep
14:47   TP : Jit can you remind them .(13:16) Shai : we should have big boys choose sides later this afternoon
14:47   Jitender : 🙂
15:06   Jitender : (14:10) Davis : I feel they will make all shorts exit today and make everyone go long overnight and big gap down tomorrow. Gut feeling(14:11) Shai : looks like that
15:08   TP : but jit don’t see any SC …just drifting along.
15:08   Jitender : if fii doesnt have much SC in eveng data..ten tis is all retail going long
15:08   HK : yes there are too many buy calls coming in
15:09   Jitender : Tej….tats wat even rep will confirm
15:09   TP : yes
15:09   TP : bn vol decent but NF again a very low vol day.
15:10   Uttam : in fact it could turn out to be the lowest in FN this year
15:10   Shai : Close the BNF intra longs at 25125 here
15:10   Uttam : NF*
15:10   Jitender : yh
15:11   Shai : Update : stay with 50% quantity on the 10300 pe . We won’t add today
15:12   Uttam : another wide POC in NF today
15:12   Uttam : ‘p’ also so below today poc will be a clean short tom Shai?
15:13   Uttam : BNF also a ‘p’ and that 25010 still the level to watch for shorts Shai?
15:15   Uttam : NF made an outside bar on 30mins at 12:45 & since than has been within that bar which had a high & low of 10412.3 & 10368.2
15:16   HK : isnt value higher today Uttam
15:16   Uttam : did make a couple of ticks hgiher mark at 10412.5 but overall those 2 levels will have to be eatched tom for further cues
15:17   Uttam : it is HK, in fact in the morning lows was at yVAH and we have singles in mornign so value is hgiher but the value area is shrinking & vols are getting dried up so no proper trade facilitation at these higher levels
15:17   Shai : P profiles for tom
15:17   Uttam : even Friday was similar
15:18   Uttam : BN spot has 3 tpos at today’s high which could mean buyers getting exhausted here
15:18   Uttam : Nifty spot also poor high
15:18   Jitender : decent day…cud have been grt..but satisfied (14:18) Jitender : bth stalln(14:21) Jitender : (12:36) Jitender : 10.3ce sustaining over 188 wud b the 1st clue
15:19   Uttam : you shorted that CE when it failed to sustain above 189 Jit?
15:19   Jitender : no booked it as it was part of straddle..bang on 188
15:19   TP : https://www.cnbc.com/2018/03/07/coca-cola-announces-its-first-ever-alcoholic-drink.html?__source=sharebar|twitter&par=sharebar
15:20   TP : first alcholic drink by coke 😉
15:20   Jitender : signal 2 reds in f TP 🙂
15:21   Jitender : nf
15:21   TP : 😉
15:22   Uttam : signal trading 😉
15:23   Uttam : (15:19) Jitender : no booked it as it was part of straddle..bang on 188…cool so you exited the straddle both legs overall in plus?
15:24   Jitender : yup
15:24   Uttam : congrats 🙂
15:24   Jitender : tx bro
15:24   Uttam : BNF reds coming in at close? longs liquidating?
15:24   Jitender : as u predicted +1
15:25   Uttam : but I wanted an earlier long liquidation so that we could have played a move to 24960 & IBL 😉
15:25   Jitender : lets c wat Trump does tonite
15:25   Uttam : funnu close in BNF, held IBH post 2:15 but did not do any range extension upside also
15:25   Uttam : funny*
15:26   Jitender : coz tis buyr liquidated (14:44) Shai : 25090 buyer supporting(15:10) Shai : Close the BNF intra longs at 25125 here
15:26   Uttam : yep…
15:26   Uttam : that 25090 buyer got out looks like
15:27   Uttam : yet another excellent timing by Shai to get out of BNF longs
15:27   Jitender : yup
15:27   Jitender : 69k buyr in nf
15:28   Uttam : 90k on both sides now
15:29   Jitender : bye all
15:29   Shai : 25000 CE writers look strong
15:29   Nagarajan : on both side means
15:29   Shai : Bye all
15:29   Shai : Have a nice evening
15:29   TP : Bye All.
15:29   Uttam : thanks All 🙂 have a lovely evening
15:34   Manish : bye everyone

 

 

09:38   TP : Shai views on LICHSGFIN , for ID.
10:14   Shai : good abv 566 for now for 572/ 574/ 577
10:14   Shai : if 566 breaks though can drop to 558
10:16   TP : tks chief.
14:18   TP : Shai ASHOKLEY intra shorts objective met or can hold.
15:02   Shai : 144.9 was expected after the reject
15:03   TP : tks , was intra trade so closed now.
15:06   Shai : +1
15:08   TP : tks chief