OrderFlow charts dated 30th Aug 2018
OrderFlow charts – 30 min duration of the Nifty and the BankNifty July Futures showing the Buy side and the sell side imbalances
08:52 Vtrender Live : (08:51) Vtrender Live: option charts – https://join.me/345-325-510
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08:59 Shai : (08:57) Shai : https://vtrender.com/evening-marketprofile-report-dated-29th-aug/
09:43 Shai : (09:43) Shai : Intra – Keep an NF buy above 11685 sl of 11655 tgt 11725.BUy abv only*
09:57 Shai : (09:57) Shai : avoid the NF buy above at 11685. Don\’t trigger
10:30 Shai : (10:30) Shai : Intra – Buy BankNifty 28045-50 sl of 27985 tgt 28155.
11:27 Shai : (11:27) Shai : Book prfits in BNF long at 28082
12:26 Shai : (12:26) Shai : Intra – Buy Nifty 11682 sl of 11660 tgt 11712. . Trade smaller size
12:56 Shai : (12:56) Shai : exit from the NF longs at 11673 here.
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08:55 Shai : GM all
08:57 Shai : https://vtrender.com/evening-marketprofile-report-dated-29th-aug/
08:58 Abhay : GM All
09:02 Shai : Auction closed into a spike yesterday . 11693 low and 11725 is our focus area for the morning open
09:02 Jitender : Gm Folks 🙂
09:03 Shai : 11670 vpoc and vwap of monday trend day should defend on lower prices
09:03 Haresh Nathani : Suprabhat
09:03 Shai : entry above 11725 can mean up auction to 11765 with stops near 11740
09:04 Shai : BNF 28180- 28320 are 2 prominent POC’s . IF it gets trapped between them we could have a very quiet morning
09:05 Praneeth : shai, once u get a chance pls let me know your usdinr view
09:07 Uttam null : Good Morning All
09:08 Tulajaram : G M all.
09:12 Praneeth : usdinr 71
09:19 Shai : BNF has some other ideas today
09:19 Shai : spike getting accepted
09:20 Shai : 28105 is a supp zone
09:22 Praneeth : shai, all the way back to 27800 today possible?
09:25 Shai : 28010 second supp
09:27 Shai : greens are commung back in BNF
09:27 Shai : aggressive longs here with sl of 28000 are targetting 28180 again
09:28 Shai : too aggressive a position it is
09:29 TP : GM All.
09:32 Shai : 28300 ce became lunch money at 8
09:36 Jitender : rbi in usdinr
09:38 Abhay : Chief there is od in both ?
09:39 Shai : yes
09:39 Shai : OD
09:39 Shai : NF geting buying at vpoc
09:40 Shai : watch this – (09:03) Shai : 11670 vpoc and vwap of monday trend day should defend on lower prices
09:40 Uttam null : trend day vwap also there
09:40 Abhay : Then we get 200-250 point in nf in next some days ?
09:40 Uttam null : +1
09:41 TP : Shai below 28010 next intra lvl to watch in bn.
09:41 Shai : 27910
09:41 TP : tks chief.
09:43 Shai : Intra – Keep an NF buy above 11685 sl of 11655 tgt 11725.BUy abv only*
09:47 TP : Nifty op pain at 600 ??
09:50 Jitender : ys
09:50 TP : tks
09:52 Shai : BN at 28100
09:53 Shai : pain
09:53 Shai : tat 28110 broke too easily today on this drive
09:53 Shai : also vwap there now
09:54 Rushabh : shai any view for the next series?
09:54 Shai : single of MOnday in BNF and vwap of Monday in NF defending
09:54 Shai : Rushabh next series should be rangebound
09:55 Rushabh : you had posted once that once OI crosses 3 crores expect big moves, which is done for now?
09:55 Rushabh : oh okay
09:56 Abhay : Chief any sell below 11670+ filter can we go to 11640 ?
09:56 Shai : 11650 yes
09:57 Shai : avoid the NF buy above at 11685. Don’t trigger
10:00 Mihir : Shai that 752 reference was simply brilliant.
10:00 Mihir : Thank you.
10:08 HK : GM All
10:08 HK : This BNF move seems like penny option writers to get into CE writing, can be butchered in 2nd half
10:09 HK : NF PEs not moving at all
10:11 HK : Dip buyers hv entered
10:12 Uttam null : Shai NF upper vwap band value is not seen in the left side box, can you please adjust
10:12 Mihir : Shai: Can we do last expiry kind of setup on this screen? 30 min being sept OF?
10:13 Mihir : Hk would love to see that crime scene of writers.
10:14 HK : how abt 200+ in BNF today Mihir?
10:14 Haresh Nathani : WOW wud love it
10:15 HK : disclaimer: move not as per charts 🙂
10:17 Mihir : HK 🙂
10:18 Haresh Nathani : if todays lows hold well we have healthy rise in next 7 days trapping shorts once again……just a view
10:24 Shai : 4 now- (09:32) Shai : 28300 ce became lunch money at 8
10:29 HK : heavy dip buying across market
10:30 Shai : Intra – Buy BankNifty 28045-50 sl of 27985 tgt 28155.
10:31 Shai : spot has support at 27983 equi to 28010 BNF
10:32 Shai : No premium now
10:33 HK : trend day wvap in NF rej Shai?
10:33 Shai : at 28340 spot yes BNF premium was 50 . changed to 0 in 2 hours
10:34 Shai : Mostly lows are in HK
10:34 Shai : a move abv 11685 to watcg in NF
10:43 Prudhvi : isn’t it trending down?
10:45 Shai : yes but at old buyer level
10:45 HK : also so supply below b na?
10:45 HK : *no supply
10:47 Prudhvi : so it implies weak sellers?
10:48 Praneeth : bnf got rejected at dval
10:48 Praneeth : lets tag vah
10:49 HK : if BNF has secured lows Suyog’s range comes to 28280 spot
10:49 Shai : Not really – (10:47) Prudhvi : so it implies weak sellers?
10:49 Shai : Here’s the thought process for current action…
10:50 Shai : purely from a day point of view we have an open drive down which has met the IB objective as IB is huge today
10:50 Shai : PLus C has not entended
10:50 Shai : Now if D makes a lower low then trend down confirms and we don’t look for longs
10:51 Shai : also shorts have no place if A sellers don’t defend vwap
10:51 Shai : But if you zoom out a few days context points to an initiative buyer from Monday at these lows
10:51 Shai : who is riding with the main trend of series which is up
10:52 Shai : so this mini auction here is between morning sellers and series buyers
10:53 Shai : Let see what D does now
10:54 Himanshu : (10:52) Shai : so this mini auction here is between morning sellers and series buyers.. shai seies buyers would be big money.. so clearly it has better chance ?
10:55 Shai : yes but we are on last day ..middle of the series this dip would have jumped by now up
10:55 HK : Shai, this morning dope was awesome
10:56 Shai : +1
10:57 Francis : nicely explained :Shai -)
11:00 HK : Shai, seriously you should consider writing the book on auction from an Indian context
11:00 Shai : 28100 ce showing heavy buying
11:00 Boppanna : FA expert Uttam hasn’t given his Yesterday’s FA objectives or did I miss it :)?
11:01 Shai : lol HK…between trading and everything else there is little time for anything like writing – (11:00) HK : Shai, seriously you should consider writing the book on auction from an Indian context
11:01 Shai : 45 res in 28100 ce
11:01 Himanshu : i m prebooking now shai…(11:00) HK : Shai, seriously you should consider writing the book on auction from an Indian context
11:02 Shai : Thank you 🙂
11:02 Uttam null : yes HK, everyday is a class here if you want to learn AMT
11:03 HK : just stay in the room for a decade and copy all the comments, we can plagiarize
11:03 HK : such is the wealth of knowledge in VT team
11:03 Uttam null : @Boo
11:04 Shai : Plus1
11:04 Himanshu : +1
11:04 Uttam null : @Bops 28182 was 1atr from Fa of 28397 and 2atr comes to 27966
11:05 Boppanna : thx Uttam
11:06 Mihir : +1 HK.
11:07 Praneeth : uttam, do u see another round of sell off before moving up?
11:08 Praneeth : vwap resisted now in bnf
11:09 Uttam null : no Praneeth as Shai already mentioned no new selling here and no extension down so could be a ‘b’ and later a spike up till we are above 28025
11:09 Praneeth : cool, i was away for sometime..let me go through..
11:10 Uttam null : we do have A period singles today but they hav not been strong enough to make an extension down in C or D period
11:10 Boppanna : Shai can we have 28100pe on opitions screen
11:25 HK : BNF goona boom like mad
11:27 Mihir : Ghee shakkar for you Hari.
11:27 Shai : Book prfits in BNF long at 28082
11:30 HK : downside Mihir
11:31 Mihir : Wild moment needed either side. Will be making money 🙂
11:31 Praneeth : dvah tagged
11:32 Shai : on screen – (11:10) Boppanna : Shai can we have 28100pe on opitions screen
11:34 Mihir : Shai Worth doing this for expiry day? (10:12) Mihir : Shai: Can we do last expiry kind of setup on this screen? 30 min being sept OF?
11:43 Mihir : Sorry ignore. Got Sept in 30 min gotomeeting.
11:49 Uttam null : that 28000 combo down to 123.45
12:10 Jitender : bnf in2 slight discount
12:13 HK : @Jit, any reason why BNF guys piling on to CEs?
12:14 Jitender : shortn or buyn u mean ?
12:15 HK : buying
12:17 Jitender : i dont see much
12:17 Jitender : till now
12:17 Jitender : Pes though r beinng shrted
12:18 HK : got the answer 🙂
12:19 Jitender : tats been happening from DL..but 2day is expiry..so just be on toes
12:26 Shai : Intra – Buy Nifty 11682 sl of 11660 tgt 11712. . Trade smaller size
12:27 Shai : BN spot above 28080 tgts 28167
12:27 Shai : 28100 ce is a long now confy abv 45
12:31 Jitender : AG is long on bnf
12:43 Jitender : warned 😉 (12:31) Jitender : AG is long on bnf
12:43 TP : +1 got some points in bag .
12:44 Jitender : me 2 🙂
12:45 TP : After big brother anil ambani stocks booming away .
12:46 Praneeth : vwap test done, now another high jit?
12:47 Praneeth : 90 is dvah
12:48 Jitender : Parneeth 28110-20 zone to be overcum fr new highs now
12:48 Jitender : 28040-48 zone supp
12:49 Praneeth : ok, thanks jit
12:49 Shai : plus-1 – (12:48) Jitender : Parneeth 28110-20 zone to be overcum fr new highs now
12:56 Shai : exit from the NF longs at 11673 here.
12:56 Shai : that move above vwap did not materialse
13:03 Praneeth : shai, bnf, move still bewtween dval and dvah?
13:08 Boppanna : IS n=in NF
13:08 HK : can do more? 11:30 HK : downside Mihir
13:09 Mihir : Happy. Shorted bnf at 105 covered at 115 50%
13:10 Mihir : 015*
13:10 HK : I am holding
13:10 Mihir : 27930 will be wonderful.
13:11 Boppanna : First stop 11:04 Uttam n: @Bops 28182 was 1atr from Fa of 28397 and 2atr comes to 27966
13:11 Abhishek : max pain in bnf jit?
13:11 Jitender : 28.1
13:11 Abhishek : ty
13:12 Jitender : with 0.41pcr
13:14 Shai : 11670 seller is defiant
13:14 Shai : should resist
13:15 Shai : 28050 seller also
13:15 Mihir : Shoutout to Suyog. Gave his range.
13:15 Uttam null : bnf almost tags the 2atr of 27965
13:18 Mihir : All out. 888
13:18 Mihir : 988*
13:18 Mihir : damm butter fingers.
13:19 TP : suyog range done was 260 .
13:19 TP : now time to move back.
13:19 Mihir : +1 tp.
13:20 Mihir : Looks choppy still If it stays below 020 for long.
13:20 Praneeth : 28100 OI 21L
13:20 Praneeth : CE
13:21 Mihir : nf low 20
13:24 HK : NF low is 11650 right
13:24 Uttam : 11692.5 is this week’s IBH so got rejected around there NF
13:25 Uttam : yes HK
13:25 Uttam : that was the 15min low of that trend day
13:25 Uttam : start of the tail
13:25 Himanshu null : uttam probable FA in Nf
13:26 HK : how deos 11650 add up to 20?
13:26 Uttam : yes Himanshu if we scale above vwap
13:26 Himanshu null : ok
13:26 Uttam : 11670 seller plus trend day vwap first hurdle
13:27 Uttam : 11695 next
13:36 Uttam : Shai whats this month’s vwap in both NF & BNF now?
13:44 Jitender : 11408 spot
13:45 Jitender : 27844 spot
13:45 Jitender : as per even rep
13:48 Shai : that failed to update last night– it is 11443 now spot
13:48 Shai : 11408 was tues
13:48 Shai : 28060 test on
13:48 Uttam : thanks Jit & Shai
13:48 Shai : 27920 BN spot
13:49 Uttam : (13:26) Uttam : 11670 seller plus trend day vwap first hurdle…NF making mechanical high of 11669.8
13:49 Shai : yes
13:50 Shai : that failure abv 11685 was telling
13:50 Shai : 116670 aslo dval
13:50 Uttam : +1 Shai
13:50 Uttam : when we have A period singles vwap break can be a fresh short?
13:50 Shai : yes
13:51 Praneeth : DAX crashing
13:51 Praneeth : *moving down
13:59 Uttam : thanks Shai
14:04 TP : 65 now …(11:49) Uttam null: that 28000 combo down to 123.45
14:06 Uttam : break below 300 was a fresh sell in that Tej, drive down today & see how it is falling
14:07 Uttam : yesterday at 15:15 closing it closed at 293.55 which was a sell signal also
14:07 Uttam : closing price was 266 & today opening minute close was 212
14:08 TP : around 40 in next 45 min if i get will buy some.
14:08 Shai : last 80 mins
14:08 Shai : only question is whether shorts of the open cover or prevail
14:09 TP : Shai in both scenario can bn move 80-100 either side 😉
14:09 Shai : yes
14:09 Praneeth : 28100 CE low = 6 😉
14:09 Shai : 27910- 28120 new range
14:09 TP : super , tks.
14:10 TP : nf range for this last 80 min ?
14:11 Shai : NF flat 11645-11672, but if 11654 goes can show 11600
14:11 Uttam : yes all singles below 11650
14:11 Uttam : 11622 can be a sup Shai?
14:12 Uttam : BNF low exact 27966
14:13 Uttam : (11:04) Uttam null: @Bops 28182 was 1atr from Fa of 28397 and 2atr comes to 27966
14:13 TP : ok guys tickets for the ride purchased 🙂
14:13 TP : 650 combo 12 odd each.
14:18 Praneeth : 28KCE low = 20
14:18 Uttam : 28100pe of sep6 low today 83.4
14:19 Uttam : sorry yesterdays low
14:21 Praneeth : anyone for 28200 close today 🙂
14:21 Uttam : daily you want 28200 close Praneeth 😉
14:22 Praneeth : hehe.. just for fun.. thoda hulka ho jaye
14:23 Uttam : just kidding
14:24 Praneeth : in this – looks like we filled completly – https://vtrender.com/wp-content/uploads/2018/08/BNF_F.png
14:25 Shai : little bit more abv required
14:27 Praneeth : above what price shai? Shai : little bit more abv required
14:28 Shai : abv today lows and back to 28200
14:39 Francis : might be one last attemp at 28040
14:44 Francis : Positioned for spike down
14:48 Jitender : spot abv 28k
14:48 HK : bears struggling
14:49 Francis : Dull expiry
14:49 Jitender : usdinr recvrn
14:49 Jitender : rbi
14:50 Boppanna : BNF didn’t make a new low in that low in NF
14:50 Himanshu : bears loosing plot here ?
14:52 TP : 43 now ….(14:08) TP : around 40 in next 45 min if i get will buy some.
14:54 Uttam : seems like writers want to close tht 28k in single digits?
15:01 Boppanna : TP perfect
15:02 TP : 650 combo closed at 38 and 78 on bn.
15:02 Uttam : super Tej 🙂 only you can do these trades
15:02 Jitender : +1 Tej
15:03 TP : tks , Shai’s green signal was neede .
15:04 Praneeth : spike donw or one more to DH?
15:10 Francis : got a nice ride on 28K CE
15:11 Jitender : Congrats Francis
15:11 Boppanna : Couple of obsvn to share 1) When low/high is exact of Uttams/Shai’s FA targets expect a spike in the opposite direction if that low/high untouched and 2) learnt it here in the room divergence between BNF and NF pulls one another 14:50 Boppanna : BNF didn’t make a new low in that low in NF
15:13 Shai : +1
15:13 Shai : settlement done 11733 Sept F
15:13 Francis : that open interest thing is amazing thanks to praneeth yesterday for talking about it
15:14 Uttam : BN now has fresh legs to scale that 28340-380 in spot Shai?
15:14 Shai : b it is
15:15 Shai : let’s see where it open tom
15:15 Mihir : Had mentioned few days back 11670 11700 closing for expiry. Does it unless it wants to do govinda in next 14 mins.
15:16 Azmath : MJ 🙂
15:16 Rushabh : shai same view for next series? rangebound?
15:16 Shai : yeah
15:17 Shai : will have a range for series on the weekend
15:17 Uttam : 2 back to backtrending months
15:17 Rushabh : cool thanks shai
15:17 Shai : next series*
15:17 Uttam : tom month end lets see how we close
15:18 Mihir : Is the low 6 now? 🙂
15:18 Uttam : ideally should close at monthly dvah or highs Shai?
15:18 Jayesh : Yes Mihir for Aug NF
15:19 Uttam : do it for sep also Mihir
15:23 TP : algo time coming up.
15:23 Uttam : Shai that 4L guy also was at same level of 11735?
15:23 Shai : 11775 sept
15:23 Uttam : oh yes sorry my bad
15:23 Uttam : thanks
15:28 TP : Poor low in both .
15:29 Haresh Nathani : BYE all
15:29 Jitender : bye all
15:29 TP : Bye All.
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:30 Uttam : thanks All 🙂 have a lovely evening
15:30 Praneeth : bye all