OrderFlow charts dated 18th June 2018
OrderFlow charts – 30 min duration of the Nifty and the BankNifty June Futures showing the Buy side and the sell side imbalances
08:54 Vtrender Live : (08:52) Vtrender Live: Option charts – https://join.me/890-593-710
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09:04 Shai : (09:01) Shai : https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/
(09:04) Shai : https://vtrender.com/evening-marketprofile-report-15th-june/
09:27 Shai : (09:26) Shai : Intra : Buy BankNifty 26380 sl of 26310 tgt 26480
09:47 Shai : (09:46) Shai : we will exit BNF if 26297 breaks. Hold for now
09:51 Shai : (09:51) Shai : BNF stopped. Make an exit
11:18 Shai : (11:18) Shai : Intra : Buy 26300 pe of current expiry at 118- 119 sl of 90 tgt 180
13:01 Shai : Book the 26300 PE at 133-134here
14:41 Shai : (14:40) Shai : Positional : Buy 10900 ce and 10700 pe for a net cost of 85 ( 40+45) sl of 57. Hold for a break of range .
14:41 Shai : (14:41) Shai : we will exit the losing leg and double up on the winning leg when break away happens
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09:00 Shai : GM all
09:01 Shai : https://vtrender.com/weekly-outlook-for-the-week-dated-18th-june-to-22nd-june/
09:01 Jatin : gm all
09:02 Azmath : GM All
09:04 janak : gm shai, gm all
09:04 janak : off-late, our mkts make a mockery of SGX
09:04 Shai : https://vtrender.com/evening-marketprofile-report-15th-june/
09:04 janak : friday strong drive up shd give us a mild gap up
09:05 Shai : was a short covering move on old business
09:06 Shai : only new business can create gaps
09:06 janak : SBI chairman has proposed merger presentation and VODAFONE-Idea merger gets a green today – two news
09:07 Shiv : GM All
09:07 janak : BNF holds the key
09:07 Jitender : Gm Folks 🙂
09:09 Uttam : Good Morning All 🙂
09:11 TP : GM All.
09:17 Shai : 10770/ 26320 early open supp
09:20 Shai : 10800 ce green band looks good for 94
09:26 Shai : Intra : Buy BankNifty 26380 sl of 26310 tgt 26480
09:31 Praneeth : shai, can u pls suggest on usdinr levels
09:31 Jitender : RBI came in usdinr at DH ?
09:32 Shai : bias plus above 68.07 now for 68.34and 68.64
09:32 Praneeth : thanks shai
09:32 Azmath : Thanks Shai, Shai : bias plus above 68.07 now for 68.34and 68.64
09:32 Shai : No. Looks like a mean revert to closing of fridat
09:37 Uttam : morning green box of BNF gone
09:38 Uttam : looks like selleres coming in at 26360
09:38 Uttam : looks like sellers coming in at 26360
09:38 Jitender : spx & usdinr will keep gettn sellers till tey r forced to SC
09:38 Jitender : *will keep gettn sellers in nf & bnf
09:43 Shai : open is low volume
09:43 Shai : No OTF
09:44 Shai : BNF gt a new seller at 10385 just when the pink band was being overpowered
09:44 Shai : If we get 10380 again we will seek a exit
09:45 Shai : 26310- 320 FRi buyers supp
09:46 Boppanna : Green band disappered..09:20 Shai : 10800 ce green band looks good for 94
09:46 Shai : we will exit BNF if 26297 breaks. Hold for now
09:51 Shai : BNF stopped. Make an exit
09:51 Jitender : saved by 0.50 p
09:51 Jitender : oh…93 is low
09:52 Jitender : 21k buyr bnf
09:52 Shai : yeah
09:52 Shai : fri they defended this zone
09:53 Shai : if you are still in trade stay, you may get 370
09:56 Boppanna : vwap test in both
10:03 Jatin : bnf made a lower low than friday but momentum did not,can it surprise?
10:04 Jitender : it shld
10:08 Shai : tat was just a swipe of stops
10:09 janak : NF 60 days chart show that it will keep whipsawing before eventually hitting 10920-960
10:09 Uttam : 26295 was also a pull back low in BNF plus that FA we have at 26285 plus we got a green band there
10:10 Jitender : only icici holdn bnf
10:10 Uttam : 26380 should cross now for more upside in BNF
10:10 Uttam : spot has a poor low
10:13 Mihir : Good morning everyone.
10:13 Mihir : That 780 in nifty looks like an action area.
10:14 Mihir : As mentioned by Shai 770 zone.
10:14 janak : +1 and today if NF closes above 10800 – it is not likely to be visited again atleast for few weeks
10:15 Mihir : Shai Over the weekend when I saw OF charts. The 1L guys in OF were big. Did anyone else notice it as well?
10:17 Jitender : or close below 740 ..800 will also not be visited fr few weeks.(10:14) janak : +1 and today if NF closes above 10800 – it is not likely to be visited again atleast for few weeks
10:17 Jitender : poss is either side
10:18 Praneeth : shai, usdinr below 68.07 F, hows the selling here?
10:18 Jitender : if dollar index retreats ..with crude dwn..it wud be a rocket trade
10:20 Shai : seling beginning to have legs usdinr
10:20 Shai : but don’t short here
10:20 Shai : wait for a move below 68.04
10:21 Jitender : out at cost in bnf longs
10:21 Shiv : u mean exit at cost ?
10:22 Jitender : nope..wait fr Shai
10:22 Shiv : ok
10:22 Boppanna : Nice Jit..that 21k buyer did his job
10:22 Jitender : yh
10:23 Jitender : Shai..can u pls update on bnf..as Shiv is holdn longs
10:23 Shai : exit near 430
10:23 Shiv : thanks Shai
10:23 Shai : that first red of the morning is now comin off
10:24 Uttam : 45k green at top in NF
10:24 Uttam : BNF green band gives 100
10:24 Mihir : +1 Uttam.
10:25 Boppanna : BNF could do 480 Shai?
10:25 Mihir : Green band trades are KISS trades.
10:26 Uttam : PEs making new lows
10:26 Uttam : though CE not making new highs
10:27 Mihir : Both nf and bnf ces not rising as it should.
10:31 Uttam : probable FA in BNF at 26400
10:33 Uttam : 26350 & 10790 sup now in bth
10:45 Praneeth : usdinr below 68.04
10:45 Shai : e period low
10:45 Shai : trend day down
10:46 Praneeth : any targets below 68.04 shai?
10:47 Shai : 67.95/ 67.80
10:48 Praneeth : thanks shai
10:48 Shai : 460 possible – (10:25) Boppanna : BNF could do 480 Shai?
10:49 Shai : but if you see big RS at 425-435 then exit
10:49 Boppanna : thx
10:49 Shai : crazy swipe of a SL 🙁
10:50 Mihir : D period looking for new high.
10:50 Mihir : 🙁
10:50 Mihir : 🙂 **
10:50 Mihir : Booked half bnf.
10:50 Mihir : Thanks shai for the green band.
10:51 Jatin : bnf outperforming now
10:51 Mihir : Yes Jatin.
10:52 Mihir : One holds other. Story since few weeks.
10:52 Shai : only icici is the motor
10:52 Shai : 3% up
10:52 Mihir : RS in bnf?
10:53 Jatin : icici has so much bad news baked in,any positive can give 5-10%
10:54 Shai : That management change news hit near the open
10:54 Shai : LOngs exit BNF
10:55 Boppanna : That 31 K looks stuck or a SL in NF?
10:58 Shai : sl
11:00 HK : Shai, tab 2 pls when you get some time
11:03 Shiv : Exited BNF
11:03 Praneeth : \usdinr again above 68.07 :-
11:03 Praneeth : usdinr again above 68.07
11:06 Boppanna : Shai 10815 spot still a pivot for the week as per ur weekly report?
11:07 Shai : 68.12 sl for day shorts
11:07 Shai : yes Bopp
11:18 Shai : Intra : Buy 26300 pe of current expiry at 118- 119 sl of 90 tgt 180
11:27 Mihir : Vwap needs buyers or one trip to 790 and probe IBL.
11:34 Uttam : (10:33) Uttam : 26350 & 10790 sup now in bth..NF low so far in this dip 10790
11:34 Mihir : Uttam 🙂
11:35 Uttam : but looking weak now both & have a probable Fa at highs
11:35 Mihir : Vwap capture important for bulls.
11:35 Mihir : Midfield game going on.
11:36 Mihir : Anyone followed the mexico game?
11:36 Uttam : 10818 was not taken out today & NF just filling up the profile below 10818, path of least res looks down for mow
11:36 Uttam : oh yes Mihir what a game it was 🙂 both played such good attcking game
11:37 Mihir : Yeah. Two upsets for the day.
11:39 Uttam : sorry no probable Fa in BNF as price stayed abv it for more than 30mins
11:45 Mihir : D shape profile forming Uttam?
11:46 Uttam : D shape? can get a DD down today though in both
11:56 Mihir : Possible
11:56 RK : NF inside day > secured low and high sofar > probable ledge at 10790 > break can take it to 10765 LVZ of Friday > 10790-785 should hold for range extn higher
11:58 Mihir : +1 RK.
12:00 RK : G today can entertain
12:00 Uttam : +1 RK can we get a DD down
12:03 Mihir : One side needs to show the intent. Till then looks like scalpers paradise.
12:09 Uttam : market breadth is weak though 1:2 adv deciline
12:11 HK : Rk, MO Pls
12:11 HK : 3hrs and 29 l in NF
12:11 Uttam : such a nice mini bell in NF
12:12 Mihir : Uttam D = bell is what I meant 🙂
12:13 Mihir : To maintain the shape one move down needed.
12:13 Mihir : Then take 818 out.
12:13 janak : I like Shai’s option calls more 🙂
12:13 RK : MO 7
12:13 Mihir : Or 770 whatever market wants 😀
12:14 HK : Thx Rk
12:15 Uttam : oh ok Mihir +1
12:22 Uttam : G making a higher high in NF & Nifty Spot
12:23 Uttam : BNF still double inside
12:33 Shiv : Uttam whats double inside ?
12:34 Uttam : previous bar was an inside bar & this bar inside of the prev inside bar makes it double inside but BNF is not double inside, my bad
12:35 Shiv : ok
12:35 Shiv : thanks
12:41 HK : Shai, the buyer/seller intent, is that based on net delta
12:44 janak : sellers in bnf.nf?
12:46 Shai : 2 hours 40 points BNF and 18 points NF
12:47 Mihir : Too much caffine in my system by now.
12:47 Shai : based on price differential not delta- (12:41) HK : Shai, the buyer/seller intent, is that based on net delta
12:47 Mihir : Shai whats your take on market like this? Save emotional capital?
12:47 RK : make a movie list 🙂
12:47 Shai : OAIR low volume no OTF
12:48 RK : predestination just watched..and movie drove me crazy than this mkt 🙂
12:48 Shai : (09:43) Shai : open is low volume(09:43) Shai : No OTF
12:48 Priyanka : @shai what does that means? OAIR low volume no OTF?
12:48 Shai : what was it about RK?
12:49 Shai : locals or sclapers market. – (12:48) Priyanka : @shai what does that means? OAIR low volume no OTF?
12:49 Mihir : Open auction in range. OAIR
12:49 RK : time travel Shai..and hell of ride towards end..worth a watch
12:49 Priyanka : okie
12:49 Mihir : Good one RK?
12:49 RK : nice one..
12:50 RK : on the category of Mullholland drive
12:50 Mihir : Adding to list.
12:50 RK : the movie which I watched over 5 times within a week and still couldnt solve the screenplay and this movie comes under that category
12:51 Shai : ok
12:51 RK : if any of you wish to get trapped then watch Mullholland drive too
12:57 Jayesh : sellers at vwap?
12:59 Shai : yes longs out
12:59 RK : Ledge NF > ABCEFH 🙂
12:59 RK : wondering why they left D
13:00 RK : ofc G too missed marginally
13:01 Shai : Book the 26300 PE at 133-134here
13:02 Shai : selling is erratic
13:02 Natarajan : means?
13:02 Shai : can climb to 26400 again
13:03 Shai : mix of longs coming off and some shorts @Natarajan
13:08 Uttam : NF getting bulged up so can burst anytime Shai?
13:09 Uttam : 26380 ledge in BNF & can act as res now
13:12 RK : move to dPOC might invalidate that ledge and smoothen the profile
13:12 RK : Ledge at mid point can be easily smoothened
13:12 RK : 26370 dPOC
13:13 Uttam : it can smoothen the profile RK but that ledge will still act as res?
13:13 RK : when you get the fill below Ledge how would it look?
13:13 Uttam : bell
13:14 RK : yep..bell and wide POC it would be then and no more Ledge..
13:14 RK : thats why I dont look at ledges at mid of profiles unless we have elongated profiles
13:14 Uttam : oh ok 🙂 thanks
13:15 Uttam : those late shorts which are stcuk exiting in BNF?
13:15 Uttam : green band in 5mins
13:16 Mihir : Uttam the buy sell in this green band is worth the trade? no na?
13:16 Mihir : I mean the proportion?
13:17 Mihir : Wanted to understand for my reference.
13:17 RK : >40K in NF and >15K in BNF are worth to bet
13:17 Mihir : Oh thanks RK.
13:17 RK : for intra scalps using bands I mean
13:17 RK : smtimes BNF even >10k could do
13:18 RK : and >30K in NF
13:18 RK : for agressive plays
13:19 Uttam : RK’s 10785 hlding strong in NF for now
13:19 RK : that 10807 micro FA looking for IBL break lets see
13:21 Uttam : yes RK Sppot Nifty also looks like profile needs a fill downside & BN Spot has poor lows today
13:23 Shai : NF for 10770 again
13:23 Shai : weird little range today
13:23 Shai : same thing was done on Friday in 20 mins in L period
13:23 Mihir : Azmath will be the happiest today.
13:23 Shai : why?
13:24 Mihir : OAIR his paradise.
13:24 Mihir : Ping pong.
13:24 Shai : indeed
13:24 Mihir : Draw levels and keep trading seeing OF.
13:24 RK : for every profiler it is (13:24) Mihir : OAIR his paradise.
13:25 Mihir : There are days I want fast action. Especially on a monday RK. 🙂
13:26 Mihir : But few MP friends I know they love OAIR and how.
13:26 Mihir : Shai that pe exit was masterstroke 🙂
13:27 Uttam : ourside bar on NF 30mins
13:27 Uttam : outside*
13:28 RK : boom > 10800
13:28 Mihir : VWAP test in both at around 1.30
13:29 Uttam : insite of the narrow range in NF that 10800 straddle not losing much since open
13:34 Mihir : One who blinks at vwap is out.
13:37 Shai : yes looked erratic was expetcing a retrace : (13:26) Mihir : Shai that pe exit was masterstroke 🙂
13:38 Mihir : Booked the retrace 🙂
13:38 Shai : 🙂
13:38 Shai : very nice looking bell in NF now within another nicer looking bell
13:39 Mihir : bellception.
13:41 Uttam : 10830 in spot needs to get tested
13:42 Mihir : Bnf looks like new day high?
13:42 Uttam : if that goes then we can have a nice upside swing this week & if rejects then can look for a move down
13:42 Uttam : some greens in NF look like getting stuck in this bar high?
13:43 Uttam : turn for all shorts to get out Shai in NF?
13:43 RK : looks like initiative
13:44 Uttam : cool that will be nice
13:44 Uttam : RK
13:44 Mihir : RK RE please.
13:44 Mihir : 🙂
13:44 Uttam : 10783 they need to hold now?
13:44 RK : break of 795 trouble for them
13:44 Uttam : oh okies
13:45 Mihir : Jit is relatively quiet today 🙂
13:46 Shai : That pe should do 135 again
13:46 Shai : 115 now
13:54 Mihir : Coffee earned chief. 125 out just now in that pe.
13:54 Mihir : Thank you.
14:07 Mihir : One thing I’ve learned is OAIR take whatever green you get. Don’t be greedy.
14:07 Mihir : is in*
14:12 Shai : Good 1
14:12 Shai : stopped at vwap
14:13 RK : Mihir OAIR is nothing but coconut with dog..either be a spectator or be a dog..fun guaranteed..but dont become a coconut..painful 🙂
14:29 RK : Uttam check BNF profile
14:30 RK : ofc NF itself got smoothened so BNF no other choice
14:30 Uttam : ledge box formed there RK 😉
14:31 Uttam : wide POC in both
14:31 Uttam : Nifty spot was a nice 2day bell & today 3rd day in same profile
14:32 Uttam : yes RK mid of the profile ledge not to be taken as ledge 🙂
14:33 RK : in a bracketing profile
14:33 Uttam : greens in BNF
14:38 Praneeth : bnf below 390 can tag 290?
14:39 Shai : 320
14:40 Praneeth : ok
14:40 Shai : Positional : Buy 10900 ce and 10700 pe for a net cost of 85 ( 40+45) sl of 57. Hold for a break of range .
14:41 Uttam : perfect Shai time for a move away from balance can come sooner now
14:41 Shai : we will exit the losing leg and double up on the winning leg when break away happens
14:44 Azmath : Shai: charts need refresh? Poc greens missing?
14:47 Shai : they are fine
14:48 Praneeth : shai, bnf heased toward 320 now?
14:49 Azmath : Thanks Shai
14:49 RK : NF 36 pointer range..spike coming?
14:50 Uttam : poor high in BNF
14:51 Uttam : but exactly there at the 3tpo of Friday
14:53 Shai : No Praneeth no vol for a big move of certainty
14:53 Praneeth : ok..
14:54 Uttam : RK / Shai now I know why NF in such small range 😉 Nifty Spot was making a nice bell on 2day & was ready to move away but NF thanksto that ledge at 10781 was not that smooth a profile & post today’s action now NF also a smooth 3day bell though that ledge at 10781 still there
14:55 Uttam : so above 10825 NF longs on for a move to 10920 & below 10780-770 can tag that vpoc of 10662
14:55 Praneeth : hows global market doing?
14:55 Praneeth : still waiting for any more news ?
14:55 Uttam : Nifty Spot has 4 tpos at hgihs today
14:56 Uttam : OH of 10830 intact still
14:57 janak : shai that 85 can become 150/200? what tgt u r expecting?
15:00 Uttam : RK it will be good if no spike na for a move from the POC tom?
15:00 RK : I think good move only on Wed
15:01 RK : and dont mind spike as we are inside larger composite
15:01 Uttam : so tom also coffee & movie time for you 😉
15:01 RK : looks like Uttam
15:03 Uttam : volumes will give a good signal if we are brwaking away RK? volumes of first 15mins
15:03 HK : @Uttam, IMo look for fresh inventory by tomm or day after close
15:03 RK : yes
15:03 janak : BNF still in grips of sellers – so 26k can come o Wed
15:04 Uttam : perfect HK
15:04 HK : look for fresh clues in the last 30 mins, if there is nothing, cotinue with OAIRs
15:05 Uttam : some vols in both 10800ce&pe
15:06 Uttam : 6L in 10800ce last 5 mins & 3.9L in 800pe
15:06 HK : longs gonna liquidate looks like
15:07 Uttam : the 10800CE has a FA confirmed at highs today at 92 but needs to close below 74 for follow up
15:12 Shai : FA on friday also
15:13 Uttam : yes Shai at that 107.95
15:13 Shai : with FA in NF
15:13 Uttam : yep on both days
15:13 Uttam : so polr down?
15:14 Shai : today is balanced and no attempt was made
15:14 Shai : jus ticks
15:14 TP : Shai profilewise chances of gap tmrw ?
15:14 Shai : no
15:14 Uttam : oh ok but that 10830 OH in Spot will be a clue to this week?
15:15 TP : tks.
15:18 Uttam : lets see which of the 10800 crosses 92 first, that can give a clue for the directional move
15:21 janak : SP not looking good on US-China trade talks failure
15:23 Praneeth : i think market is looking for retaliation from US for chinas tarrif
15:27 Shai : normal day to close
15:27 Shai : drive should come tom in A
15:27 janak : good buying in 26k pe?
15:28 Shai : 26300 bought
15:28 janak : CF?
15:28 Shai : no belll profile
15:28 Shai : respond tom
15:28 Shai : 100 was a good netrynot here
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Shai : Catch up tom
15:29 Shashwat : bye
15:30 Uttam : thanks All 🙂 have a lovely evening
15:31 Praneeth : bye all
09:55 TP : Shai views on YESBANK, id.
10:46 HK : Shai, Jet airways ID views, do you see buyers in, can it do 407 cash
10:53 HK : Shai, please ITC ID
10:54 HK : *Please review ITC ID
11:03 Shai : 333.7 stiff res in yes
11:03 Shai : 330 and 328 are ID sipp
11:03 Shai : supp*
11:04 Shai : jet good open but minor selling at 398 coming away
11:05 Shai : swing hlds 393 today can head to 407
11:06 Shai : itc ID 266 is res
11:06 Shai : supp at 263/ 262
11:07 TP : tks chief.
11:10 Mihir : Shai Reliance swing views please. Thanks. Holding cash levels 919
11:32 Gaurav : he mentioned 1072 in a quarter
11:33 Mihir : Oh missed. Will keep holding. Thanks Gaurav.
11:33 Gaurav : dips to 950 as buys
11:34 Gaurav : sometime last week