OrderFlow charts dated 10th April 2018
08:49 Vtrender Live : (08:48) Vtrender Live: 30 ,im charts (expanded)- https://global.gotomeeting.com/join/260135005
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09:00 Shai : (09:00) Shai : https://vtrender.com/evening-report-dated-09th-april/
09:24 Shai : (09:24) Shai : Intra : Buy BankNifty 24207- 210 sl of 24140 tgt 24320.
09:34 Shai : (09:34) Shai : (09:24) Shai : Intra : Buy BankNifty 25207- 210 sl of 25140 tgt 25320.
10:49 Shai : (10:49) Shai : BNF stopped
(10:49) Shai : Make exits
11:05 Shai : (11:05) Shai : Intra : short Nifty 10405 sl of 10425 tgt 10370/ 10346
12:04 Shai : (12:04) Shai : Bring Sl of the NF shorts down to 10419
13:24 Shai : (13:24) Shai : close the NF short trades
15:08 Shai : (15:07) Shai : STBT : Sell BankNifty 25195- 25200 sl of 25320 tgt 24997/ 24950.
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09:00 Shai : GM all
09:00 Shai : https://vtrender.com/evening-report-dated-09th-april/
09:02 Kathir : GM shai all
09:02 Jitender : Gm Shai, Folks 🙂
09:04 NDee : Hi Gm Shai, All!
09:07 Shai : https://in.investing.com/news/stock-market-news/global-marketsstocks-rally-as-xi-calms-jitters-over-uschina-trade-row-1102687
09:12 Manish : gm everyone
09:12 TP : GM All.
09:14 HK : GM Shai and Firends
09:15 HK : Tuesdays/Wed for the last 2 months has been a large range days, let us see today/tomm if we get that
09:16 Manish : shai, maintain SL of 65 for positional NF PE trade ?
09:18 Shai : yes
09:18 Manish : ok thnx
09:24 Shai : Intra : Buy BankNifty 24207- 210 sl of 24140 tgt 24320.
09:28 Vidya : .*25207-210
09:29 TP : Shai can you reveiw VIX levels.
09:34 Shai : Thanks Vidya
09:34 Shai : (09:24) Shai : Intra : Buy BankNifty 25207- 210 sl of 25140 tgt 25320.
09:34 Uttam : Good Morning All 🙂
09:35 Shai : 10414 supp or intra today
09:35 Shai : if crosses above 10440 we will close the PE we hold
09:38 Uttam : Shai thsat weekly FA we got in BNF last week has a 2atr at 25750, if NF closes abv 10440 today then BNF can do this tgt?
09:39 Shai : yes 25550 can come
09:40 Shai : BNF is bullish from yesterday
09:40 Shai : NF at the borders still
09:40 Uttam : weekly FA is such a powerful signal Shai
09:40 Uttam : even at the top in BNF we got one weekly FA which did a 2atr move down inside a week
09:43 TP : Uttam can you share the weekly FA chart as an example with rules in learning strategies channel for easy reference.
09:44 Jitender : Shai…pivotal point for nf here…for 500/600 ?
09:44 Uttam : sure Tej, had put the charts on slack when it happened, will put down the rules also in fact this is just the second time even I am observing it
09:45 TP : tks.
09:50 Shai : 10440 cloe- (09:44) Jitender : Shai…pivotal point for nf here…for 500/600 ?
09:50 Jitender : tx
09:50 Shai : OAOR we have today
09:50 Shai : But BNF has more bullish intent
09:51 Shai : if bears want to come back they will look for a close below 24140 in BNF today
09:52 Shai : 25000 pe has been sold at the open so looks unlikely based on open prices
09:53 Jitender : concrn fr me though is tat spx is moving on the words of someone who said things completely opp to wat he is really doing
09:54 Jitender : he says no country shld be colonial & he is surroundn India on all sides
09:54 Jitender : & hez tryn to contraol all major trade routes
09:55 Uttam : NF low toda is 10418 so as it is now abv that 1atr from FA of 0304. 10529 coming looks like with 10533 a vpoc too
09:55 Jitender : nf extends ibh
09:56 Uttam : still inside 1st hour Jit 🙂
09:56 Kathir : jit is predicting uttam ..he will
09:57 Uttam : +1…
09:57 Uttam : 10434 vpoc tagged in NF
09:58 Uttam : 10393 is the level now to break & close below for a signal of a down move
09:59 Kathir : 09:35 Shai : if crosses above 10440 we will close the PE we hold
10:02 Kathir : 50 k seller uttam nf at top ?
10:03 Uttam : yes Kathir but has a big buyer also along
10:03 Uttam : on 5min 41k red v/s 61k green
10:03 Uttam : and on 30min 53k red v/s 91k green
10:03 HK : Can anyone update the MO please
10:03 Uttam : OAOR so can expect a bit of stalling till afternoon?
10:04 Kathir : ok. ty
10:04 Jitender : Nf got an NDD & stalled
10:04 Kathir : tcs o=l hdfcbank o=h
10:05 Jitender : technically spx overnite sold off
10:05 Jitender : all tis is on Xi’s comments
10:06 Jitender : Shai’s spx lvl of 2645 on watch
10:06 Chetan Shenoy : +1
10:07 Jitender : just 21 points IB in nf
10:07 Kathir : jit 9900 pe has o=l 15 ..still not broken
10:08 Jitender : k…tx
10:10 Kathir : wc
10:11 Kathir : nf should get some greens near vwap ?
10:12 Uttam : BNF is a ORR up Shai or OAOR only if we ignore the low vols below 25140?
10:14 Kathir : delta – 50 k uttam nf 5 mins
10:14 HK : Guy, any OI reduction in 10300 PE yday and today
10:16 Uttam : yesterday in the afternoon it was reducing HK but today sonce open has been going up but now is stalled a bit
10:16 Uttam : 36.8L OI
10:16 Uttam : at open it was 33.2L
10:17 HK : ok, from yday PE writers are covering looks like
10:17 Uttam : yesterday at 12:45 it had good vols & since then price wise has been drifting lower
10:20 Boppanna : Shai,Above IBH could be a quick jump in BNF ?
10:21 Shai : OAOR would mean a trade above or below IB
10:21 TP : very narrow IB in both.
10:37 Uttam : 2nd lowest IB in NF this year, lowest was 16 points on 12th Jan which was also OAOR & gave a 5IB down day
10:38 TP : tks for the heads up uttam +1
10:38 Uttam : welcome Tej 🙂
10:39 Jitender : +1 Eagle eyes
10:39 Uttam : 🙂 thanks Jit
10:44 Uttam : NF staying below IBL for now
10:45 Boppanna : BNF sustaining below vwap
10:46 Jitender : looks like Indians know Xi better than Trump 🙂
10:46 Uttam : yes and at pday high now BNF
10:46 Uttam : after all our neighbour Jit 😉
10:46 Jitender : & future ruler
10:47 Uttam : lots of reds in BNF
10:49 Uttam : NF into that MB
10:49 Shai : BNF stopped
10:49 Shai : Make exits
10:49 Uttam : hits midpt of that Mb
10:51 Jitender : gave me my DT (10:04) Jitender : Nf got an NDD & stalled
10:51 Kathir : congrtas jit
10:52 Jitender : tx
10:52 Uttam : nice Jit 🙂 Congrats
10:52 Jitender : tx
10:52 TP : +1 jit
10:52 Jitender : +1
10:53 Boppanna : BNF RB Shai?
10:54 Uttam : NF testing yesterday’s wide POC
10:57 Jitender : the other one was 355 ..wich wud be 3IB ?
10:57 Uttam : 10376 is 3IB Jit
10:57 Uttam : other vpoc below is 10336
10:57 Jitender : tx
10:57 Boppanna : BNF this could be pivot for the day 09:51 Shai : if bears want to come back they will look for a close below 24140 in BNF today
10:58 Uttam : if goes below 10393 again can head to 10376 & 10347
10:58 Uttam : BNF leavign a probable Fa at lows
10:59 Uttam : back above IBL but needs to cross pdh & vwap now
10:59 Uttam : 25165 & 25185
10:59 Uttam : NF at that MB highs
11:05 Shai : Intra : short Nifty 10405 sl of 10425 tgt 10370/ 10346
11:09 Shai : NF in
11:14 Uttam : vwap & IBL are aligning now in NF
11:20 Jitender : bnf in duiscount
11:20 Uttam : yep since this morning it has been in discount
11:21 Jitender : i just wish Tues takes the role of Mon (ystrdy)
11:24 Jitender : bnf open buyr defendn
11:25 Boppanna : Shia BNF if sustains below 25140 can test yesterday’s 25010?
11:25 Boppanna : *Shai
11:27 Shai : 25040 yes
11:28 Shai : break 10393 and 10333 visisb;e4
11:28 Shai : visible*
11:31 Boppanna : thx
11:33 Kathir : hdfcbank driving down from morning
11:33 Kathir : jut info for bnf players
11:33 Chetan Shenoy : +1
11:33 Boppanna : +1
11:35 Shai : +1
11:35 Shai : How about driving the rest also down Kathir?
11:36 TP : lol
11:36 HK : driving or diving?
11:36 Kathir : take below days low shai ..get another 200 🙂
11:36 Kathir : 🙂 HK both
11:38 HK : Has given enough warning to bulls this morning 10:17 HK : ok, from yday PE writers are covering looks like 09:15 HK : Tuesdays/Wed for the last 2 months has been a large range days, let us see today/tomm if we get that
11:39 HK : move likely at 12.20 and grind till then
11:43 Boppanna : Jit could you push NF below 10393 for a nice extension as well maybe in the next 2 min :)..
11:44 Jitender : 🙂
11:44 Jitender : spx is not relentn
11:44 Jitender : so retail still going long
11:44 Jitender : so FII need to push now or tey will be forced 2 cvr
11:45 Jitender : so Tues has the potential fr being a pivot (11:21) Jitender : i just wish Tues takes the role of Mon (ystrdy)
11:47 Jitender : IBL is a pivot fr longs 2 b taken
11:49 Uttam : BNF at vwap
11:49 Uttam : still has a probable FA at lows today & can change the game today
11:51 Boppanna : always get nervy quite early when holding shorts and market stalls in a 10 point range
11:52 HK : IV not helping either
11:53 HK : I am short at open but puts are bearish, mixed signals out there
11:57 Uttam : big greens here in BNF as it crosses vwap
12:01 HK : these bnf suckers….
12:03 Boppanna : Uttam any FA’ at the top in BN spot & BNF?
12:04 Shai : Bring Sl of the NF shorts down to 10419
12:04 TP : Shai BN buy abv lvl intra ?
12:04 Shai : IBH
12:05 TP : tks
12:15 Manish : shai, for approximately how many days we keep the NF PE trade open if it stalls like this for the next couple of days also ?
12:16 Shai : It is stalling cos it is at a pivot point
12:16 Davis : nf 10400 put oi added 8 lakh plus today
12:17 Manish : ok thnx shai
12:17 Shai : fun starst below 10393 Davis
12:18 Shai : 10400 ce is stillthe larger strke
12:18 Shai : but they would start covering above 10440 F
12:19 Jitender : 10.4 straddle at 230
12:19 Uttam : no Bopanna, no FA at top in BN/BNF
12:20 Shai : BNFis not weak and that is the problem with a bearish view here
12:21 Uttam : +1 Shai BNF has been above vwap now
12:21 Boppanna : thx Uttam
12:21 Uttam : which is holding up NF also
12:24 Boppanna : BNF getting resisted right at morning’s buy call level.
12:34 Uttam : 19k greens stuck in bnf at highs
12:41 Uttam : does look like BNF wants to make a new high here before any further directional move
12:42 Uttam : lot of volumes getting attached here
12:42 Uttam : dPOC also here at 25195
12:49 Jitender : spx + 30 from +37
12:53 Jitender : Chetan yeild at 7.355
12:55 Uttam : we have a poor low in NF but profile wise seems like some filling needed in the upper half
12:55 Uttam : in BNF trsting vwap here
12:56 Chetan Shenoy : yes Jit Jitender : Chetan yeild at 7.355
12:57 Boppanna : NF triple inside bar on 30min in the making
12:57 Uttam : BNF has made a nice bell in a narrow range
12:57 TP : big crypto scam in maharashtra , link in random channel on slack
12:58 Uttam : NF got stopped at that yPOC so now can fill up the upper half to make a bell
12:58 Chetan Shenoy : is that ledge Uttam?
12:58 Chetan Shenoy : in NF?
12:59 Uttam : yes Chetan can call that 10418-420 level as ledge as last almost all 3min bars hitting it but not crossing
12:59 Chetan Shenoy : tks
12:59 Uttam : 10417-415
13:01 RK : PDH/Ledge/VWAP/IBL =10415
13:02 Chetan Shenoy : super
13:02 Jitender : Rk..dpoc 410 is a buyr in nf
13:03 RK : Jit 395-425 anyone game..choppy
13:03 RK : lot of short term pivots also here
13:03 Jitender : on hourly TF…bnf overbought
13:03 Jitender : so is nf….
13:08 Davis : today icici and axis added 266 points to bnf.. until those dump retailers exit their shorts in these two stocks… bn wont come down
13:09 Davis : these guys should book a bigger loss.. please note always when ladies are in problem, some guys will come for the rescue..
13:09 Jitender : spx +27
13:09 Chetan Shenoy : dow cooling
13:09 Chetan Shenoy : 🙂
13:09 Jitender : +1
13:10 Jitender : Boppana buckle up bro
13:15 Boppanna : all set
13:16 Jitender : spx 2644 has gt a bounce…tats also Shai’s lvl
13:16 Jitender : if tat goes……
13:16 Chetan Shenoy : +1
13:17 Jitender : theese greens in nf/bnf have cum on tat bounce
13:20 Azmath : Shai: BNF attempting day high?
13:23 Uttam : (12:55) Uttam : we have a poor low in NF but profile wise seems like some filling needed in the upper half…happening
13:23 Uttam : (12:41) Uttam : does look like BNF wants to make a new high here before any further directional move(12:42) Uttam : lot of volumes getting attached here now need to see if these are buyers absorbing the supply or the sellers building up their shorts
13:24 Shai : close the NF short trades
13:25 Jitender : (13:02) Jitender : Rk..dpoc 410 is a buyr in nf
13:28 Boppanna : SPX dipping
13:29 Jitender : yup
13:29 Jitender : 6 point slap
13:29 Jitender : algo
13:30 Shai : hghs vol sells
13:32 Uttam : NF now a ice bell & looks set to repair the poor lows
13:32 Uttam : nice*
13:32 Davis : good shai
13:34 Boppanna : Rk’s range perfect 13:03 RK : Jit 395-425 anyone game..choppy
13:35 Shai : +1
13:35 Shai : BNF upmove may be getting over today
13:35 Shai : swing one
13:36 Jitender : +1
13:36 Uttam : lets have a good liquidation of the buyers then 🙂
13:37 Jitender : Ibl rejection in both –good setup
13:40 Uttam : yes Jit are you giving another vwap test of just lift to the lower levels now 😉
13:40 Uttam : or*
13:41 Jitender : spx is a bloody prob…ahgain holdn 2644
13:41 Jitender : hv lite vols…with SL in place
13:42 Jitender : have 2 preserve the DT
13:42 TP : +1 jit
13:42 RK : day high on cards
13:42 RK : 385 invaidation
13:43 Uttam : reds coming in BNF here
13:44 Uttam : BNF was what was holding up NF since morning
13:44 Jitender : sssh
13:44 Uttam : 😉
13:46 Uttam : NF back at that ledge/vwap/IBL combo
13:58 Jitender : spx bck at +30
14:00 Jitender : twice saved by a whisker 🙂 (13:41) Jitender : hv lite vols…with SL in place
14:00 Jitender : bnf divergn with nf
14:01 TP : NF vol again very low.
14:04 Jitender : sl taken
14:05 TP : oh you were short .
14:05 Jitender : yup
14:05 RK : alright out at 424
14:05 TP : i tght you bought the dip.
14:05 RK : rest yours
14:06 Chetan Shenoy : +1 RK
14:06 Jitender : will get in bck below ibl
14:06 Kathir : +1 RK
14:15 Jitender : cmon big fells
14:15 Jitender : fella
14:20 Boppanna : both looking to tgt DH
14:21 RK : 405 possible as long as long as not scaling above 430
14:21 Jitender : gv DL once 😉
14:23 Shai : if we stay below 2645 the es preps for a fall again tonight
14:23 Shai : perfect auction there in a 10 ay balance
14:24 Shai : day*
14:28 RK : NF and BNF potential Island at top with MO > 85
14:28 TP : BNS 2522 ..next week 252k call 126 and put 160 …price mismatch.
14:28 RK : couldnt be a reversal but atleast can go sideways
14:28 Kathir : MO + 85 RK ?
14:28 RK : yes
14:28 Kathir : ok . ty
14:28 RK : 102 yday today cooled off
14:30 Uttam : BNF looking to confrim that FA at lows?
14:30 Uttam : big greens here in BNF now
14:32 Uttam : new hgihs
14:32 Uttam : pink band & FA confirmed in BNF
14:32 Uttam : big green also there
14:33 Uttam : pink band gone
14:34 Shai : sucking shorts dry …
14:34 Uttam : 25200ce writers running for cover looks like?
14:34 Uttam : sudden srop in OI
14:34 Uttam : drop*
14:38 Uttam : looks like BNF wanted to leave a FA at top too 😉
14:38 TP : Shai views on 252k bn combo long at around 280.
14:39 Azmath : (13:20) Azmath : Shai: BNF attempting day high?
14:39 Uttam : (12:41) Uttam : does look like BNF wants to make a new high here before any further directional move
14:39 Jitender : Uttam..yr liquidation happn 🙂
14:40 Uttam : yes Jit lets now have FA at top in BNF
14:41 Jitender : gt nf also below Ibl
14:42 Shai : looking for one more day sideways – (14:38) TP : Shai views on 252k bn combo long at around 280.
14:42 Shai : roughly 25050- 25350
14:43 TP : tks chief
14:44 Shai : No demand above 25220 roughly – (14:39) Azmath : (13:20) Azmath : Shai: BNF attempting day high?
14:45 Shai : we are seeing one more NDD there
14:45 Shai : My view is that BNF stops pushing higher now
14:45 Jitender : ys..NDD very eff today
14:45 Shai : and that is a window for shorts
14:45 Ankush : sl for the bnf trade should be?
14:46 Shai : these are golden words – (14:28) RK : NF and BNF potential Island at top with MO > 85
14:46 RK : 🙂
14:46 Boppanna : +1
14:46 Shai : upto bears to convert that potential
14:46 RK : close below or at VWAP makes more chance
14:46 Shai : Ankiush swing has to break 25150 for the short to be comfy – (14:45) Ankush : sl for the bnf trade should be?
14:47 Shai : Ankush**
14:47 Jitender : Shai..Jet Li is unwell…so bears r nt gttng strength to romp home 🙂
14:47 Ankush : ok.. thanks
14:47 Shai : sl would be 25290 if you execute below
14:47 Ankush : ok
14:47 Shai : How is he doing Jit? any updates?
14:47 TP : Yes jit , need to get Jet li on tv . Maybe RM could use his hotline 🙂
14:48 Jitender : bck at his res..with new kidney
14:48 Shai : It’s always tricky that transpant
14:48 HK : When is RM coming back
14:48 Jitender : Tej 🙂
14:48 Shai : oh he is back already?
14:48 Jitender : yup
14:48 Jitender : yday
14:48 Shai : amzing
14:49 Shai : may have shifted the ward to his home
14:49 Jitender : yh
14:49 Uttam : wow till yesterday there were saying not yet decided on the date of transplant
14:49 Jitender : were ?
14:49 Azmath : Thanks Room traded both sides in BN
14:49 Jitender : Congrtas Azmath
14:49 Uttam : they were saying in the media*
14:50 Jitender : k
14:50 Chetan Shenoy : +1 Azmath
14:50 Uttam : congrats Azmath 🙂
14:51 Kathir : wishes azmath
14:51 Jitender : correction in info….Jetli didnt have transplant
14:52 Jitender : hez back after dialysis
14:52 Azmath : Thank you All
14:52 Boppanna : Shai vwap close ?
14:52 Jitender : https://vtrender.slack.com/archives/C0F2VRTPW/p1523352196000374
14:53 Shai : oh
14:53 Uttam : oh ok Jit
14:54 Shai : yes vwap close more likely
14:54 Shai : congarts – (14:49) Azmath : Thanks Room traded both sides in BN
14:54 TP : +1 Azmath.
14:55 HK : Congrats Azmath
15:00 DrBansal null : Shai,10300 pe 72,add or wait?
15:03 Shai : wait- no conf yet to add
15:03 Shai : price has stalled
15:06 DrBansal null : ok.
15:07 Shai : STBT : Sell BankNifty 25195- 25200 sl of 25320 tgt 24997/ 24950.
15:09 Shai : looking for a pullback in BNF from here roughly to the lower P of MOnday and the highs of frday
15:09 Shai : upmove looks stalled and early sellers are seen in the BNF now
15:16 Kathir : inr break high 65.13
15:18 Shai : 2 attenpts were made by bears today from 10425 but 10393 held
15:19 Shai : Carry the PE to tom
15:19 Azmath : Thanks everyone
15:19 RK : close at upper quad could keep the bears in bay might be for another day..
15:28 Jitender : bye all
15:28 Shai : mixed vols at close
15:29 Shai : Bye all
15:29 TP : Bye All.
15:29 Shai : Have a nice evening
15:29 Ankush : bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 HK : Thanks everyone, have a fantastic evening