OrderFlow charts and Notes 04/12/15

[08:38]   r m : Good Morning folks!
[08:39]   r m : http://vtrender.com/levels-and-plan-for-4th-dec/
[08:39]   r m : http://vtrender.com/orderflow-charts-and-notes-031215/
[08:39]   r m : http://vtrender.com/consolidated-orderflow-031215/
[08:39]   r m : Nifty DEC Future levels | KRA 7905 | Hypo1 above 7913➜7938➜7996 SL 7870 | Hypo2 below 7866➜7830➜7754 SL 7917
[08:39]   r m : Banknifty DEC Future levels | KRA 17080 | Hypo1 above 17231➜17295➜17440 SL 17130 | Hypo2 below 17105➜17045➜17004 SL 17205
[08:43]   Porus : Hi RM
[08:44]   Anay : GM All
[08:45]   r m : Hi Porus
[08:57]   Ashish : GM all
[08:59]   Shai : gm all
[09:01]   Raj : hi GM
[09:01]   Porus : Shai, so looks like yeterday’s buyer at close may sell at open?
[09:02]   Shai : yes deeply under water
[09:02]   Shai : but again the last 45 min trend was called correctly by traders here
[09:02]   Tejpreet : GM All.
[09:02]   Shai : Draghi big disappointment
[09:03]   Rahul P : He has disappointed for the first time ever
[09:03]   Porus : Draghi seems to have run out of firepower.
[09:03]   Shai : yes
[09:03]   Porus : Hopefully expectations from him will now reduce.
[09:04]   Rahul P : Rather he looks to be keeping his powder dry for future combats…
[09:04]   r m : Draghi’s printing presses ran out of paper!
[09:04]   Tejpreet : Now most of them will disappoint …I am ultra bearish for Jan series ….let us see how things pan out !
[09:04]   Rahul P : instead of exhausting all ammo now
[09:05]   Porus : He must have been expected to enogh to counter the US rate increase.
[09:05]   Porus : *do enough
[09:05]   Venkatesan : gm shai, rm and to everyone
[09:05]   r m : Hi Venkatesan
[09:06]   r m : Looks like floods are receding in many parts of Chennai
[09:07]   Venkatesan : yes rm i too got stuck up and only yesterday evening got out of chennai and reached home
[09:07]   r m : ok
[09:08]   Venkatesan : now sun shines iin the morninig
[09:08]   r m : there is a big challenge now of restoring infrastructure at the earliest
[09:08]   Venkatesan : a big s
[09:08]   Porus : read yeterday that eicher lost 4000 bullet bikes in Chennai.
[09:09]   r m : ok
[09:09]   Venkatesan : but we chennai lost some 300 lives
[09:10]   Venkatesan : thanks to indian army
[09:10]   r m : I think the death toll will go sharply up as water recedes from the areas where ground floor was totally under water
[09:10]   Venkatesan : who helped a lot
[09:10]   Venkatesan : may be
[09:11]   r m : death reported are actually bodies recovered
[09:12]   Janak : only 50 points gap down?
[09:12]   r m : I think USDINR is above previous highs
[09:12]   Sharad : GM all
[09:13]   Janak : EU went down 2% in a split second in the evening
[09:13]   Janak : players had shorted euro – ran for cover
[09:14]   Sankar : GM RM, Shai and everyone 🙂
[09:14]   r m : Hi Sankar
[09:15]   Shanmugasubramanian : GM all
[09:18]   Sankar : sterday’s low can be called as spike? and we have opened much below it, so its mostly sell on rally till 7904?
[09:18]   Shai : yes
[09:19]   Shai : there was a weekly support near vah roughly 7875-95 and we have broken that changing the trend for dec
[09:20]   Sankar : Cool. So its more of down trend now.
[09:20]   Janak : shai can book bn shorts at 16975?
[09:21]   Shai : yes
[09:22]   Shai : vol looks like an OAOR about to happen
[09:22]   Shai : 7845 seller and 7818 buyer
[09:22]   Janak : maybe the day is trend down shai?
[09:24]   Shai : could happen Janak- if we don’t pull up – some serious liquidation can happen
[09:24]   Vaibhav : we shd pull up, yesterday buyer nt yet exited?
[09:25]   Shai : not yet fully- but there is 117000 at the open near 7845
[09:26]   Sankar : more sellers. ?
[09:27]   Shai : yes
[09:27]   Santosh : Gm all
[09:28]   Sankar : @Shai, if I am reading correctly, except the FA at sterday’s high and today’s buyer near 7818, everything else points down?
[09:28]   Varun : shai does neutral extreme lead to a a gap ?
[09:28]   Varun : past experience, as i have observed it many times now
[09:29]   Shai : Sankar the buyer may not be strong yet , but we are going down for sure now and rallied to be sold
[09:30]   Sankar : Awesome :).
[09:30]   Shai : Not noted it Varun but when it has opened within range has been a long case
[09:30]   Varun : and sankar if u observe carefully its not a proper fa, m period changed to n so 30 mins abv ib were spent
[09:31]   Varun : long case as in rotation
[09:32]   Sankar : Oh ok. I thought it was an FA. So that also ruled out. All indicates bearishness now then ;).
[09:32]   Sankar : Tx Varun.
[09:32]   r m : only technically Varun, else it spent less then 10 minutes above IBH, it was just the switchover time from M to N
[09:32]   Shai : looks like an OAOR – vol not big
[09:32]   Shai : but 9.45 player can come and move it
[09:34]   Rahul P : 9.45 ??
[09:46]   Janak : there is no follow up selling
[09:48]   r m : in BNF it is O=L
[10:05]   Shanmugasubramanian : screen sharing cut
[10:05]   Sankar : Shai got disconnected. shud be back once he is back.
[10:07]   Shai : that 17500 ce short is now 175 from 250
[10:08]   Sankar : 🙂
[10:08]   Shai : 17040 spot is now the ref line for BN
[10:08]   Shai : positional
[10:08]   Sankar : Shai, I always had this doubt, for swing trades, option buying is better or shorting?
[10:09]   Sankar : Shorting always have limited profit, and limited risk, is it worth on long run?
[10:09]   Shai : big vpoc there last week
[10:09]   Sankar : Sorry. limited profit and unlimited risk
[10:09]   Shai : IT depends on your definition of limited profit Sankar
[10:09]   Varun : any ref profiles near by 780
[10:09]   Shai : for us 3% profit potential every month is good profit
[10:10]   Sankar : The premium received is the max profit right?
[10:10]   Varun : 7800 nf
[10:10]   Sankar : 3% every month is very good :).
[10:10]   Rahul P : Shai, IB trade on nf ??
[10:11]   Venkatesan : range extn on 19/11 varun
[10:11]   Shai : LIke if you shorted 250 yesterday you are up about 5% on capital deployed of 40000/-
[10:12]   Sankar : 🙂 Ok. That way yes.
[10:12]   Sandeep : shai, its a hold till expiry right
[10:12]   Shai : and then if you are online and see the trade going against you max loss is only if you don’t take action till expiry day
[10:12]   Rahul P : @ SHai, nf IB trade on cards ???
[10:13]   Shai : Yeas Rahul possible
[10:13]   Shai : an OAOR open to be traded on IB break
[10:14]   Shai : and vwap band has to expand
[10:24]   Shai : Sell BankNifty 17020 sl of 17090 tgt 16930/ 16870
[10:26]   Mahendra : shai data stops
[10:26]   r m : chart is refreshing
[10:30]   r m : NF DEC in 77XX – 78XX range http://screencast.com/t/fEZErDrRnAx
[10:32]   Shai : https://vtrender.slack.com/files/shai/F0FSV8B37/npoc.png
[10:33]   Shai : Nice profile RM up
[10:33]   Shai : what is the range of the profile up?
[10:34]   r m : that one is yesterday’s and above till 8000
[10:34]   r m : I just wanted to bring below 7800 in view without taking out the upper part 🙂
[10:39]   Varun : thanks rm
[10:39]   r m : welcome
[10:45]   Mahendra : any possibility of buy nifty here?
[10:45]   Mahendra : for intra
[10:46]   Shai : price conf isn’t there yet- abv IBH can do 7864
[10:50]   Shai : Exit BNF short position 16990- 16985 now
[10:51]   Janak : why sir?
[10:51]   Janak : girne do 🙂
[10:56]   Janak : ye lo shai-baba aapka bn tgt on
[10:57]   Rahul P : those greens in bnf
[10:57]   Rahul P : now whats coming next ??
[10:57]   Ashish : big buyer in BNF
[10:58]   Shai : there are buyers defending the lows in BNF
[10:58]   Shai : hence gave exit
[10:58]   Shai : 17020 is sl on shorts and abv it can rise fast
[10:58]   Shai : if holding*
[10:58]   Ashish : NF 30 minute aggressive reds Shai?
[10:59]   Janak : are aapne mere dost rm ko ek phone kar diya hota? 🙂 wo aise hi bn ko 50-100 gira dete he;
[10:59]   r m : waah waah!
[11:21]   Shai : yes Ashish
[11:22]   Janak : shai 17500ce sell rocked – low is 154
[11:22]   Ashish : OK shai
[11:29]   Shai : Felt bad about our BN exit after it dropped 40 more but turns out that it was a right one
[11:29]   Shai : there are di buyers in BNF today
[11:29]   Shai : and are not letting it stay down
[11:29]   Shai : we have to wait and see if they manage vwap next 2 hours
[11:30]   Shai : and even if they don’t – we can have a cracking afternoon in BNF
[11:30]   Shai : NF alos a buyer at IBL
[11:40]   Varun : shai has poc of 7912 types shifted down valume
[11:40]   Varun : volume
[11:40]   Vaibhav : these are GST byers..i feel
[11:47]   Shai : Not yet vpoc still 7886 for the move from 8000
[11:47]   Shai : Possible Vaibhav
[11:48]   Shai : also MOn morning when RBI does that bond auction, we have to see the impact on usdinr
[11:51]   Shai : NF / BNF not manging vwap well
[11:51]   Shai : managing *
[11:55]   Rahul P : @ shai, any signs of yestdys algo buyer covering today ??
[11:57]   Shai : yes Rahul there is a seller at 7840
[11:57]   Shai : check on the daily chart
[11:57]   Rahul P : yes, thanks
[11:58]   RK : Hi GM all 🙂
[11:59]   r m : Hi RK
[12:01]   Shai : Hi RK
[12:01]   Shai : hope your systems are up? and all is well
[12:03]   r m : Bulls must be working on that so that RK can cover his shorts and allow market to go up 🙂
[12:03]   RK : Shai not yet..forced to quit all positions..only their admin is able to access and they can only sq off orders..so didnt want to take a risk and just squarred off all orders though major shorts and some longs..
[12:05]   Rahul P : @ shai, should we revisit the intrday high today, what would the FA at lows today mean ?? Yestdys we ahd a FA at high and today , a possible FA at lows.
[12:05]   Rahul P : Both would require urgent repairs , right ??
[12:10]   Shai : Not urgent – yesterday’s is on T+1
[12:10]   Shai : can get visisted with T+5
[12:10]   Shai : today will confirm at close
[12:10]   Rahul P : ok
[12:23]   Shai : Sell NF 7825 sl of 7845 tgt 7805/ 7784- Go with 50% qty
[12:58]   Shai : exit NF short trade -7838
[13:02]   Shai : new buyin from vwap
[13:17]   Shai : fa confirms 7811
[13:23]   Shai : Positional Buy : 8000 ce at 61 sl of 39 tgt 87/ 110
[13:24]   Janak : FA will be visited now shai?
[13:35]   Shai : there are 2 FA’s now
[13:36]   Shai : which one you want scaled?
[13:36]   Shai : 118875 NF looks like a buy limit order kept abv day highs
[13:39]   Porus : How do you read this 118875 order. Positive?
[13:40]   Shai : not very positive but he is safe only if 7865 is taken out on upside
[13:41]   Janak : 7811 would be easier?
[13:42]   RK : FA at lows
[13:43]   Porus : Shai, and he will exit below 7835?
[13:44]   Janak : there was also a seler at 7845 – what happened to him
[13:48]   Janak : meanwhile shai i keep chai-paani on with 7852-44 and 7845-7837 kind of trades :::
[13:50]   Janak : chutki bhar trades ki kimat sirf sonakshi jaanti he ;;
[13:53]   Shai : NF anb 7864 can hit that 7892 dpoc of 3 days
[13:54]   Rahul P : Shai, that nf 7865…waht is the ref behind this ?? I am not able to see that.
[13:55]   Janak : is eu closed today?
[13:55]   Tejpreet : No Janak open in slight red.
[13:55]   Nandesh : no
[13:55]   Janak : ok
[13:55]   Tejpreet : No bounce back in EU .
[13:56]   Shai : 7865 – 13:55 Shai : it’s a system generated level- in this case was an open drive up 26/11
[13:58]   Janak : aur ek rm-saab 7853-43 – waah mere to maje hei aaj
[13:58]   Janak : ameero ke dawat me abdulla…..
[13:59]   r m : humne to begani shaadi mein … suna tha 🙂
[13:59]   r m : http://screencast.com/t/IxCsfaIZ3HZ
[14:00]   Janak : lekin ye to MP wala customized quote he na;
[14:00]   r m : lol
[14:05]   Porus : RM : any idea when GST bill is coming up in LS?
[14:07]   r m : it was already passed by Loksabhha, games being played for Rajya Sabha these days 🙂
[14:08]   Porus : yes I mean RS
[14:09]   r m : not clear, Econ advisor is likely to submit his proposals on GST tax rate soon, guess after that Govt will address Cong objeections of max tax rate
[14:09]   Porus : Ah thanks
[14:10]   Mahipal : 10/12/15
[14:10]   Shai : sellers in NF
[14:10]   Janak : hum jahan pe short karte hei rm-saab line wahin se;;
[14:11]   Vaibhav : bjp agreed for cong max rate of 18%
[14:11]   Porus : Mahipal. 10 Dec in RS?
[14:11]   Janak : shai 7811 needs to be done today
[14:12]   r m : @Vaibhav, I think the issue is that BJP does not want that as a part of the GST bill, else every time rate change will need a constitution amendment
[14:12]   Porus : Shai, is Hypo2 active in nf?
[14:13]   Varun : abhi only 1 buyer vomitted
[14:13]   Varun : thr is 125000 still left
[14:13]   Vaibhav : ok rm
[14:15]   Shai : No Porus not active when we gap
[14:15]   Porus : ok
[14:15]   Shai : neutral center tor neutral extreme today?
[14:15]   Shai : or*
[14:16]   Varun : extrme shai
[14:16]   Varun : we rejected abv range high from gap singles
[14:16]   Varun : and fa to retest also 😉
[14:16]   Varun : see tht 125000 trap
[14:16]   Varun : give him peace on weekend
[14:19]   Porus : Yes, he will feel better after vomiting. 🙂
[14:20]   r m : lol
[14:21]   Mahendra : FA on upside?
[14:21]   Varun : no pure rejection
[14:22]   Varun : fa is 30 min tpo if rule of book
[14:24]   Janak : varun 7811 will come or not?
[14:24]   Varun : ek dhaka aur do, janak ka 7811 tor doh
[14:26]   Janak : wah wo dhaka bangladesh wala nahin hona chahiya ;;
[14:27]   r m : lol
[14:28]   Janak : i need an air-lift from Putin’s airbase;;
[14:29]   r m : beware of ISIS AA guns 🙂
[14:29]   Janak : lol – it would be a rare occassion if FA 7811 doesn’t get visited when just 30 pts away
[14:30]   Varun : and tht too when poc of tht balance was broken by good 12=13 points
[14:32]   Shai : lost of shorts covered on that move down to 7830 actually
[14:32]   Shai : taking profits home
[14:32]   Shai : lots*
[14:33]   Varun : *raises hand
[14:33]   Mahendra : 7876 may be touched
[14:33]   Rahul P : IB has become a joke for today , it seems
[14:33]   Varun : 25.25 i think was low, i cvrd ceryain at 25.30
[14:33]   Varun : certain
[14:34]   Varun : by fluke had a bid thr
[14:34]   Sankar : looks like, market now learnt how to confuse with FA 😉
[14:34]   r m : 🙂
[14:36]   Shai : No confusion – FA is an EOD play
[14:36]   Shai : rules of FA say that the FA point has to be taken out for new buisness to come – so longs abv 7949 F only
[14:44]   Janak : Jey baat!
[14:44]   Varun : see the vomit
[14:44]   Sankar : Cool 🙂 Tx Shai.
[14:44]   Varun : 45,26,24 at lows
[14:45]   Varun : he needs peace
[14:45]   Varun : so what if its at lows
[14:45]   Janak : 15 more for 7811
[14:45]   Varun : 11 more
[14:46]   Shai : Sell BNF again 16975 sl of 17038 tgt 16880
[14:51]   RK : what you all did to that 1.2 L greens 🙂
[14:51]   Varun : i warned at top
[14:51]   Varun : he is in trouble
[14:52]   RK : Varun too much vommits weakens the patient 🙂
[14:52]   Varun : add fuel to fire another braveheart of 65000
[14:52]   Varun : joined
[14:52]   Rahul P : 65000, @ what price ??
[14:53]   Rahul P : Don’t see him
[14:53]   Varun : see beofre he goes 61350
[14:53]   Varun : 145 30 min candle
[15:05]   Varun : happy janak
[15:06]   Varun : rk see tht 1lakh and 6500 seller in this 30 mins
[15:06]   Janak : thanx shai/friends for mentioning 7811
[15:06]   Janak : got out at 7812
[15:06]   Varun : 65000
[15:09]   Shai : nice 1 Janak
[15:10]   Janak : made merry from 7854
[15:10]   RK : Yep Varun
[15:11]   Sandeep : that 42301 trapped in 5 min?
[15:11]   Rahul P : shai, that positional ce buy is carry fwd right ??
[15:12]   Shai : yes
[15:18]   Shai : close out the BNF short trade near cost here
[15:18]   Janak : if US mkt follows up today with a fall?
[15:18]   Janak : black wala friday?
[15:19]   Shai : NFP data today in US
[15:19]   Shai : FED will watch it
[15:19]   Varun : shai the fa in morning, wa tht also a wrb
[15:19]   Varun : can u pls chk
[15:20]   Shai : yes
[15:20]   Varun : thanks
[15:20]   Varun : wrb are best rtejections
[15:20]   Varun : if price comes back in rnage
[15:24]   RK : Friday low close is the best close 🙂
[15:28]   Varun : as in
[15:28]   Shai : back to vwap?
[15:29]   Varun : which will make it neautral
[15:29]   Varun : neutral
[15:29]   Shai : tiem to look for a trend day on Monday
[15:30]   r m : Thanks and bye folks, have a great weekend 🙂
[15:30]   Shai : Bye all
[15:30]   Tejpreet : Bye All.
[15:30]   Shai : Have a nice weekend
[15:30]   Venkatesan : bye and thank you all

[09:49]   Janak : sell tatamotors fut at 409 shai?
[09:49]   Janak : intra can do 404 again?
[09:59]   Shai : tata looks like an open drive watch for 408.5 to sustain or not but if abv it is not a short intra
[09:59]   Shai : cash
[10:33]   Porus : shai, any viw on empee distilleries, EDL?
[10:35]   Ashish : Shai, Sunpharma got US FDA approval…how is the volumes looking now, can try fot gap fill in this month?
[10:35]   Ashish : for*
[10:38]   Shai : edl big drive up – can still do 102.5/ 109 this month on close abv 89
[10:38]   Shai : very good move from 50
[10:38]   Shai : good pick
[10:41]   Tejpreet : Ashish hanks for Sun pharma alert.
[10:41]   Tejpreet : *thanks
[10:41]   Ashish : Welcome
[10:42]   Shai : sun pharama good move – post that trend day was expecting 760 but on current vols should hit 787
[10:43]   Shai : fda approval came last night or now?
[10:43]   Ashish : Thanks Shai..
[10:43]   Ashish : news came now
[10:43]   Shai : really- they posted on twitter about an announcemnt coming yesterday
[10:44]   Ashish : That was day before yesterday…
[10:44]   Shai : yes
[10:45]   Shai : anyways all’s well cos I was also long for many days 🙂
[10:45]   Ashish : that was for somwething else…. i think sania mirza promoting their brand
[10:45]   Ashish : cool 🙂
[10:53]   Abhishek : Shai..lvls fo M&M pls…
[10:55]   Shai : 747 inra day supp sun pharma
[10:57]   Shai : MnM drive down about to hit 1310- 1313 supp
[10:57]   Shai : 1337 is res on day and coming week and can be used to enter new shorts
[10:57]   Abhishek : thanks
[11:09]   Janak : friends any sure trade in stock future?
[11:25]   Ashish : very easy question but too hard to answer Janak 😉
[11:34]   Ashish : Shai, next support for amarajabatt?
[11:39]   Shai : amaraja 830 supp should stay below 846
[11:45]   Ashish : Thanks
[11:47]   Janak : how operators are playing with motherson sumi future
[11:48]   Janak : fell to 272 and now 284!
[12:27]   Abhishek : Shai…lvls for Indusind bank pls
[12:40]   Shai : indus can move back to 952/956 sl below 936 for now
[12:52]   Abhishek : ok
[12:52]   Tejpreet : Shai next suport for Adani ports .
[13:06]   Nandesh : shai your cal on sunpharma on slack hit target
[13:06]   Nandesh : nice cal
[13:11]   Shai : adan 253 s a support
[13:17]   Tejpreet : Thanks Shai.
[13:28]   Pawan : shai, levels for SBI please
[13:35]   Shai : sbin positional res still at the 244 mark but could be a mover in the week to come
[13:35]   Shai : Yes Nandesh – a news based move but looking good
[13:35]   Ashish : Shai, look @ justdial…cracked
[13:39]   Shai : nice 1
[13:39]   Shai : I think I mentioned 797 below 861 odd
[13:39]   r m : yep
[13:41]   Ashish : Yes..but i am out…today’s fall is enough 🙂
[13:42]   Ashish : Even M&M cracked..
[13:54]   Vaibhav : glenmark arnd ur levls shai? can be bought?
[13:59]   Roland : Sun Tv levels
[14:00]   Shai : glenmark playing in a range – not yet able to close out the seelr around 979 – feel may drop to 940/ 944 to search for new buyers
[14:01]   Shai : close abv 985 is bullish momentum wise
[14:02]   Shai : sun tv abv 390 is good and can tgt 399 by monday and 410 in coming week
[14:03]   Roland : thanks
[14:17]   Shankar : Shai tgt for venusrem please
[14:25]   Shai : 126 is a supp on daily closing in venus rem and tgt of 145
[14:28]   Shankar : thanks Shai