OrderFlow charts and Notes 21/09/15

Today’s charts and Notes from the trading room. ( this content available only for trading room members)

Bnf_Tick Footprint_5_Bnf Footprint_5_Nf Nf_Tick

 

 

Get Image Orderflow Charts And Notes 21/09/15

History of room Announcements

Room Name: Vtrender
Date and Time: September 21, 2015 09:08:05

[08:58]   Shai : (08:39) r m:http://vtrender.com/levels-and-plan-for-20th-sept/
(08:39) r m:http://vtrender.com/nifty-bn-weekly-view-spot-for-21-sept-24-sept15/
(08:40) r m:http://vtrender.com/consolidated-orderflow-nf/
(08:40) r m:Nifty SEP Future levels | KRA 7920 | Hypo1 above 8001➜8036➜8092 SL 7965 | Hypo2 below 7920➜7883➜7850 SL 7965
(08:40) r m:Banknifty SEP Future levels | KRA 17198 | Hypo1 above 17566➜17757 SL 17446 | Hypo2 below 17198➜17016 SL 17305

[09:44]   Shai : (09:43) Shai :Keep an NF buy abv 7932 sl of 7910 tgt 7956/ 7999

[10:41]   Shai : (10:40) Shai :Movesl of NF to cost 7930

[10:43]   Shai : (10:43) Shai :Buy BNF in 2 parts 17410 and at 17366 sl of 17290 tgt 17523

[10:49]   Shai : (10:48) Shai :book 50% NF at 7953.

[10:55]   Shai : (10:55) Shai :BNF book out 17480- 85

[11:32]   Shai : (11:31) Shai :NF booked longs can add abv 7967 for 7999 sl of 7945 on full qty

[11:50]   Shai : (11:50) Shai :Place a new NF sell below 7928 sl of 7948 tgt 7883

[14:22]   Shai : (14:22) Shai :go long in NF abv 7975 tgt 7999/ 8023, sl of 7960

[14:52]   Shai : (14:51) Shai :Keep NF sl at 7951 till close

[15:14]   Shai : (15:14) Shai :Close out NF intra longs here

Get Image Orderflow Charts And Notes 21/09/15

General Chat Transcript

Room Name: Vtrender
Date and Time: September 21, 2015 09:08:05

[08:39]   r m : Good Morning folks!
[08:39]   r m : http://vtrender.com/levels-and-plan-for-20th-sept/
[08:39]   r m : http://vtrender.com/nifty-bn-weekly-view-spot-for-21-sept-24-sept15/
[08:40]   r m : http://vtrender.com/consolidated-orderflow-nf/
[08:40]   r m : Nifty SEP Future levels | KRA 7920 | Hypo1 above 8001➜8036➜8092 SL 7965 | Hypo2 below 7920➜7883➜7850 SL 7965
[08:40]   r m : Banknifty SEP Future levels | KRA 17198 | Hypo1 above 17566➜17757 SL 17446 | Hypo2 below 17198➜17016 SL 17305
[08:41]   r m : Nifty Spot Weekly levels | Support 7852/7818/7780/7580 | Resistance 8065/8180
[08:41]   r m : Banknifty Spot Weekly levels | Support 17120/17070 | Resistance 17770/18130
[08:43]   Sankar : GM RM and everyone 🙂
[08:45]   r m : Hi Sankar
[08:46]   Sankar : Hi RM. Last week cudn’t come online in room. was on travel and dongle has limits, omnovia is data hungry ;).
[08:46]   Sankar : KRAs got his twice.. finally a good move on last 2 days.
[08:46]   Sankar : I didn’t see any positional trades on twitter. hope didn’t missed any good fun :).
[08:46]   Sankar : hit* twice..
[08:46]   Sankar : 🙂
[08:49]   r m : @Sankar, I don’t think there was any positional trade, it was gaps all the way 🙂
[08:49]   Sankar : Yeah.
[08:50]   Sankar : we sure got the bottom on 8th.. 🙂 just some hiccups last week breaking levels down/up in the range.. 🙂
[08:50]   r m : 🙂
[08:50]   r m : looks like 100 point gap down today
[08:51]   Sankar : Oh ho..
[08:52]   r m : SGX SEP trading at 7900
[08:52]   Moses : GM rm , Shai and All
[08:54]   Shankar : GM all
[08:54]   r m : Hi Moses
[08:55]   Sandeep : gm
[08:55]   Sandeep : all
[08:57]   Sankar : GM Shai 🙂
[08:58]   Shai : GM all
[08:58]   Rajasekharan : GM all
[08:58]   Sankar : Prime levels no change for this week Shai?
[09:01]   Ashish : GM all
[09:03]   Tejpreet : GM All
[09:03]   Shai : prime levels updated
[09:03]   Sankar : Thank you.
[09:06]   Sankar : Looks like below weekly pivot..
[09:07]   Sam : GM everyone
[09:07]   Srini A : GM All
[09:08]   Chandrashekhar : gm all
[09:08]   Shai : globe is opening up red
[09:09]   Santosh : Gm all
[09:09]   Shai : test today is of the profile of 16.09
[09:10]   Shai : we also have a auction at 7850 F on day T+2
[09:10]   Augustin : GM all
[09:12]   Vikkas C : Hi RM
[09:12]   Vikkas C : Gdmrng all
[09:13]   Sharad : GM all
[09:13]   r m : Hi Vikkas
[09:13]   RK : GM Shai,RM and all
[09:13]   r m : Hi RK
[09:13]   R Goel : hello all Gm
[09:14]   Sankar : ok.
[09:14]   Aayush : gm all
[09:15]   Girish : GM all
[09:19]   Shai : gap followed by another gap
[09:19]   Vikkas C : islanf reversal
[09:19]   Vikkas C : *island
[09:20]   Shai : NF weak below 7930 for 7883/ 7850
[09:20]   Shai : BNF weak below 17198 for 17016
[09:24]   Kathir : GM Shai RM all friends
[09:26]   Vikkas C : never seen vwap compressed soo much
[09:26]   Vikkas C : vwap bands
[09:26]   Sankar : IB is just 23 as of now. may expand :).
[09:28]   Sankar : This week expiry + holiday on Friday.
[09:29]   r m : Hi Kathir, time for TTB calls 🙂
[09:30]   Kathir : friday holiday?
[09:30]   Sankar : Yes.
[09:30]   Kathir : @RM yes preparing 🙂
[09:30]   r m : @Kathir, Yes, Bakra’s selfie time on Friday 🙂
[09:31]   Shankar : RM what is TTB calls?
[09:31]   RK : this week and next week long weekend to plan all your holidays
[09:31]   r m : @Shankar, just a regular joke between Kathir and me – Tips to bankruptcy calls 😀
[09:31]   Shankar : haha
[09:32]   Sankar : There is one more Shankar now :).
[09:32]   Shankar : oh yes
[09:32]   Sankar : @Shankar, sometimes these bankruptcy calls can create wonders ;).
[09:32]   Kathir : @ sankar no SL profit 20 times or more of your investment 🙂
[09:32]   Shankar : only 20 times?
[09:33]   Shankar : i am not game for it
[09:33]   Shankar : 🙂
[09:33]   Augustin : ha ha
[09:33]   r m : Yes, they are wonderful calls but need to be traded very fast, better with pre-placed booking orders!
[09:33]   Kathir : mostly in the last hour of expiry day
[09:33]   r m : @Kathir, Please design BOB calls for Shankar, Billioaire or Bankrupt 🙂
[09:34]   r m : **Billionaire
[09:34]   Kathir : lol
[09:34]   RK : Shai once you are free today, pls share your thoughts about OF of Friday..After introduced to OF, that was the first instance seen prices travelled opposite to sustained OF for hours..Is that only due to cash buying and Index shorting or any other inference?
[09:36]   Sankar : lol RM 🙂
[09:37]   Kathir : @RM done 10 paise to 30 rs call is enough for him 🙂
[09:38]   r m : @RK, there has been almost equal and opposite long and short trades by FII while Clients were content with reduction in exposure 🙂
[09:38]   r m : @Kathir, 🙂
[09:38]   RK : RM tried to explore something from your data sheet but gave up :).
[09:43]   r m : lol
[09:43]   Vikkas C : bnf is yet trading inside fridays range
[09:43]   Shai : Keep an NF buy abv 7932 sl of 7910 tgt 7956/ 7999
[09:45]   Shai : BNF can do 17384
[09:48]   Uttam : GM everyone 🙂
[09:50]   Bhagya : Shai, Nifty 5minutes is in pink, order flow on half an hour showing sellers above 7930, delta showing negative mark. What is the rationale behind buy call above 7932? For learning I am asking
[09:50]   Shai : BNF sl is vwap just in case you are in that trade to VAL
[09:51]   Shai : Bhagya morning gap down not shoiwng enough sellers, buyers are absorbing offers, OTF is coming to buy – check daily
[09:52]   Shai : eve BNF OTF is seen at 17200
[09:52]   Bhagya : bank nifty is comparitively strong but nifty I am not happy buying
[09:53]   Shai : it will move up if sustains abv 7930 for a few mins
[09:53]   Bhagya : Also my friday carry positions to hold on to 8000 Puts bought at 75 now at 110. I am holding it still.
[09:54]   Bhagya : looking at adding further now at 110 with stoploss of 100
[09:56]   RK : my plan for the week 7890 is SL for agressive longs and 7850 for positional..7890 is where the new flow happend for breakout and 7850 was that dip with FA..till these 2 levels are held no shorts..morning dip buyers adds strength to this view..
[09:56]   Shai : first attempt abv 7932 not shoiwng enough greens
[09:57]   Shankar : Shai, what is the significance of 7932?
[09:57]   RK : And Shai that 4 weeks consolidated OF is like fairy story.crystal clear and make things simpler..thanks for that..
[09:57]   Varun : + 1 rk , tht was very nice
[09:57]   Shai : http://vtrender.com/wp-content/uploads/2015/09/weekly_NF.png
[09:59]   Shai : OrderFlow repair has to happen 7850- 7920 if NF has to continue up this week
[09:59]   Bhagya : now if nifty fut goes below 7910 and stays there for more than 5minutes, I will sell nifty and buy puts. but fresh positions only below 7910 and trades for atleast 5minutes below that 7910 zone only
[09:59]   Shai : yes Bhagya agree then 7883/ 7850
[10:02]   RK : Shai this upmove means, for above 8050 or even to reach 8050 you need OF to be repaired down under?(09:59) Shai :OrderFlow repair has to happen 7850- 7920 if NF has to continue up this week
[10:03]   Vikkas C : shai can u pls change the 5 mins of bnf to numbers
[10:04]   Vivek K : shai being expiry week, how is OF in next series?
[10:04]   Vikkas C : thanx
[10:04]   Bhagya : we have 7 points discount on nifty futures with 4days still left for expiry
[10:05]   Bhagya : but no selling seen yet in bank nifty. Selling bank nifty is like commiting sucide. Shorting opportunity only good in nifty and freshly now only below 7910 if it trades for 5min
[10:05]   Shai : RK yes we saw 7850 as supply for 2 weeks and not much sellers below 7800 – so 7850 sellers should take the dip as an exit
[10:05]   Uttam : Bhagya, resistance for the 8000 PE is 125-135 which is where it has made a upper shadow today
[10:06]   Bhagya : but I am holding it for expiry for target of 200
[10:06]   Shai : Vivel OrderFlow works on Volumes – next month volume is lesser than current fr us till expiry day so It makes sense for us to track current only
[10:06]   RK : so you prefer to give a chance to sellers to exit so that upmove will be smoother..otherwise hard for easy up..got it..
[10:06]   Bhagya : now stoploss I will trial to my cost of 75
[10:06]   Shai : Vivek**
[10:09]   RK : another perspective..OTF who were in sidelines till FED and if they enter now fresh and take this up, then stuck sellers may come to cover above 7950..your 100 point theory..just a guess here..but we will get a clue in OF for that when scaling up above IBH and may be VAL of Friday..
[10:09]   Shai : abv VAL BNF can shooot to POC
[10:12]   Bhagya : I am not happy on the market bounce. Booking profits on 8000 Puts bought at 75 on friday now at 104. Will sell only once 7910 is broken decisively
[10:15]   Shai : NF seeling sellers back now
[10:16]   Shai : vwap is supp
[10:17]   Bhagya : yes tough to decide in the range of 7910 to 7940 which way markets may go. so better avoiding this range for any trades. I am confortable selling below 7910
[10:22]   Bhagya : Yes shai, on daily nifty order flow, we have all sellers above 7920
[10:22]   Bhagya : also in half an hour order flows too
[10:26]   Anay : GM All
[10:28]   Uttam : Shai in caseof BNF longs SL should be below 17275 (VWAP)?
[10:28]   RK : Hi Anay
[10:28]   Anay : Hi RK
[10:31]   Shai : yeah sl vwap for BNF tgt was VAL and then review for 80%
[10:36]   Tejpreet : BN does 384 😉
[10:37]   Tejpreet : (09:45) Shai :BNF can do 17384
[10:37]   Shai : new buyers in BNF
[10:38]   Sumit K : BNF should be steady till RBI day
[10:40]   Shai : Move sl of NF to cost 7930
[10:43]   Shai : Buy BNF in 2 parts 17410 and at 17366 sl of 17290 tgt 17523
[10:44]   Shai : we are taking the 80% trade in BNF with option of visit to IBH open and sl below vwap
[10:45]   Uttam : VAH of friday for BNF is 17568 right so 80% should take us there?
[10:46]   Sandeep : shai, place the BNF buy limit order?
[10:46]   RK : Uttam yes
[10:46]   Uttam : thanks RK 🙂
[10:47]   Sandeep : missed the bnf
[10:48]   Uttam : today we could have a trend day in both NF & BNF?
[10:48]   Uttam : NF IB is small right?
[10:48]   Uttam : though BNF IB is not small for trend day?
[10:48]   Shai : book 50% NF at 7953.
[10:49]   Shai : yes IBH ref line for rest of the day now
[10:50]   Tejpreet : Booked bn completley sold 17500 put got 70 points …Goog on Shai …against global cues.
[10:50]   Tejpreet : good
[10:50]   Shai : OrderFlow not supportive now
[10:50]   Shai : just the open pushers keeping price up
[10:51]   Varun : bnf does the quickie to poc
[10:53]   Bhagya : Good, I booked profits on puts early and decided to sell only below 7910. Not arguing with the markets is the biggest learning I have ever had as a trader
[10:55]   Shai : BNF book out 17480- 85
[10:56]   Shai : OrderFow not conducive for a further up
[10:56]   Shai : may come down to IBH
[10:56]   Shai : even NF
[10:57]   Uttam : you mean book out NF fully too Shai?
[10:58]   Shai : NF can hold sl at cost
[10:58]   Shai : BNF we got a part fill only
[11:06]   RK : Shai last hour of Friday not considered as spike?
[11:09]   Shai : No
[11:09]   RK : ok
[11:09]   Shai : Movemnet was in the day range
[11:09]   Shai : so not a spike
[11:09]   RK : Yes
[11:09]   Rahul P : any case for shorts if we enter the vah ?
[11:09]   Shai : spike is an auction into a new area
[11:10]   Shai : We could now see a two way move here as sellers have come to counter morning buyers
[11:11]   Rahul P : buyer volume drying on top…..not seeing enough conviction from buyers to take up from here.
[11:11]   Rahul P : Shai, any level you suggest to enter shorts ?
[11:11]   Shai : safe below IBH – add below vwap
[11:15]   Aayush : what is a good area to go long,?
[11:15]   Bhagya : still no single green in days order flow in nifty futures above 7922
[11:16]   Bhagya : same in half an hour too. Nothing above 7950
[11:18]   Ashish : 7950 is addind more reds (above 4 lakh now). This level will be crucial now..
[11:18]   Ashish : adding*
[11:21]   Bhagya : yes but just becoz order flow is poor we cannot sell. 7910 till, bulls will hold upper hand. We cannot rule out targets of 7980-7990 for the day
[11:24]   Ashish : +1 bhagya
[11:31]   Shai : 1 green has come
[11:31]   Shai : NF booked longs can add abv 7967 for 7999 sl of 7945 on full qty
[11:37]   Lakshay : can i see nifty chart from 9:15?
[11:38]   Lakshay : main 5 min chart from 9:15.
[11:39]   Shai : sure
[11:39]   Shai : NF that 1 green has been neutralised
[11:40]   Bhagya : yes now again sellers coming at top
[11:40]   Sandeep : shai when you say neutralised , what does it mean ?
[11:40]   Shai : either he covered or sellers gained control there
[11:41]   Shai : ref was to this one- (11:31) Shai :1 green has come
[11:41]   Sandeep : okay
[11:41]   RK : Sandeep on daily chart that 317079 was green earlier which means we had agressive buyers..
[11:42]   RK : later when we get more sellers around that price, then that green gets white means neutralises..i.e, sellers outnumbered them..that sellers may be fresh or old buyers liquidating both not bullish
[11:44]   Sandeep : ye sthat makes it clear
[11:44]   Shai : yes
[11:44]   Sandeep : thanks shai and rk
[11:44]   Shai : alos look at the previous session if you are a trader who carries positions
[11:45]   Shai : we post on blog at the close
[11:45]   RK : earlier we had 251325 as red but when this 317079 got greens that red got neutralised..so auction wants to take control over this 7950 here.
[11:45]   Shai : the 30 min will show at close how the day moved and the final day consolidated will show net way it closed
[11:46]   Rahul P : do u see a heavy imbalance on sell side ?
[11:46]   Shai : from yesterday yes
[11:46]   Shai : seller in control
[11:47]   Shai : for intra day this will have to break IBH and vwap for a short to 7883
[11:47]   Shai : possibly 7850 also
[11:47]   Rahul P : even today….see that imbalance continuing……buyer volume dried near top
[11:48]   Shai : yes – once we moved over 7955 we should have seen friday’s late greens come back, but so far none
[11:48]   RK : Europe will trigger today..it will reveal FED sell off will continue today too or some sideways..
[11:49]   Vikkas C : dax fut -111
[11:50]   Shai : Exit Balance in NF longs- we are flat now
[11:50]   Shai : Place a new NF sell below 7928 sl of 7948 tgt 7883
[11:57]   Bhagya : it will be a good trade to sell 7928 below and superb call from shai sir with stoploss of 7948
[11:57]   Bhagya : but till7928 breaks, patience is must
[12:05]   Rahul P : this seems repeat of friday story…..slow grind above vwap , then a final push below vwap
[12:06]   RK : Rahul but context is different..Friday was gap up and couldnt sustain..today’s auction is gap down..so have to see how this turnout..
[12:06]   RK : but below VWAP then it will be same story..
[12:08]   RK : to me buyers taking control in BNF around dPOC..big seller may gets neutralised now..
[12:08]   Lakshay : what exactly is this green pink line?
[12:12]   RK : ok Shai want have to some word with dPOC buyer/sellers in both NF and BNF :))
[12:12]   Sandeep : 🙂
[12:14]   RK : *want to
[12:15]   Aayush : buy abv 67 valid?
[12:16]   Shai : yes
[12:18]   Vikkas C : charts ??
[12:18]   r m : @Vikkas, Parda hai parda 🙂
[12:19]   Vikkas C : 🙂
[12:19]   Girish : RED color purdah indicates something ?? 🙂
[12:20]   Shai : Lakshay avg volumes of buyers and sellers- (12:08) Lakshay :what exactly is this green pink line?
[12:20]   r m : @Girish 🙂
[12:20]   Shai : refer here- http://vtrender.com/trading-room-charts-explained-3/
[12:26]   Shai : dpoc moves up in NF
[12:27]   Shai : some reds turning white
[12:27]   Shai : 7928 ref line
[12:27]   Shai : BNF may dip to 17370
[12:27]   Rahul P : 7928 is val ???
[12:28]   Shai : yes dval
[12:42]   Shai : keep that NF buy abv handy
[12:42]   RK : both buyers and sellers staking up their bets here at dPOC in both contract 🙂
[12:43]   Shai : yup- case of who blinks first
[12:43]   RK : looks like this candle would be pivot till expiry 🙂
[12:43]   Vikkas C : shai is it possible to even put up EOD of next mnth for this week ?
[12:44]   RK : always this 12.30 higher vol candle plays as good pivot for next few sessions..
[12:44]   Shai : sure will add Vikkas
[12:44]   Vikkas C : thanx
[12:44]   Shai : we do it on expiry week but on fri when I checked the vols had not picked up
[12:44]   Shai : but oct is coming strong today
[12:45]   Vikkas C : ok cool thanx
[12:49]   Shai : vwap dip had a volume pop and 7960 has a vol pop
[12:49]   Shai : can squeeze to 7999 if we climb abv
[12:50]   RK : they are waiting at top to paint red again 🙂
[12:51]   Shai : NF new long active
[12:54]   RK : ok finally biggest seller of the day at dPOC at BNF agrees to go white second time..
[12:57]   RK : nope again
[12:57]   Rahul P : something not right on nf…..profile suggesting today’s poor high repaired and we have a small selling tail
[12:58]   Shai : trail at 7954 if got in new NF longs
[12:58]   Shai : seller has showed up right at top
[13:04]   Ashish : Sellers in NF daily candle @ 4th and 5th row are increasing. They wanna tease the buyers @ lows.. Let’s see what happens now..
[13:06]   RK : Ashish yep..read the same story recently 🙂
[13:06]   RK : try to change the script 🙂
[13:11]   RK : expecting flash of greens above highs this time..
[13:11]   Ashish : Not gonna be easy for bulls to change the script here 🙂
[13:11]   Shai : Buyers have a chance for a squeeze till abv dpoc
[13:11]   RK : Ashish bulls done their job for the day..hereafter bears will help to move up
[13:12]   Ashish : Lets hope we will be on the right side now.
[13:14]   r m : from RK’s comment it appears that there is only one side left now
[13:14]   Ashish : yes RM 🙂
[13:15]   RK : RM 🙂
[13:15]   RK : you got red pattalion RM not allowing us to move up..
[13:16]   r m : lol
[13:16]   Bhagya : order flow turning green. Bank nifty and nifty ready to roar
[13:16]   Aayush : some strong seller at top?
[13:17]   Shai : there is one form morning around 7965 , not giving up yet
[13:18]   Shai : I’m holding with sl of 7952 for a 7999 which was pullback high of friday
[13:19]   Ashish : OK, here is the bull who is not allowing reds to take it down 🙂
[13:20]   r m : 🙂
[13:21]   Girish : 🙂
[13:21]   r m : bears better be cautious now!
[13:21]   Sankar : lol.
[13:23]   Ashish : RM, even bears can join now with bulls target and stoploss. Better risk reward 🙂
[13:23]   r m : yes!
[13:24]   Shai : haha
[13:24]   Anay : bahut mazak uda raho ho bears ka eh? 😉
[13:25]   r m : arrey nahin sirjee, aisee hamari himmat kaise ho sakti hai 🙂
[13:25]   Ashish : Ohhh, roar of a bear 🙁
[13:25]   Rahul P : not it all comes down to inventory management
[13:25]   Anay : 🙂
[13:26]   Rahul P : whoever shows weak inventory will have to pay up
[13:27]   Rahul P : lo….gayi bhains paani mein
[13:27]   Aayush : that was a very nice oppurtunity .. missed by bulls.
[13:28]   Rahul P : this time vwap should not hold….we go straight through it
[13:28]   Shai : NF sellers
[13:28]   RK : Asyush 12.30 to 1 rehearsal time..main picture after 2 🙂
[13:28]   Vikkas C : why are these stupid sellers coming at the bottom of the bar and not on the top in 5 mins
[13:28]   r m : Bears ka badla releasing this Friday 🙂
[13:29]   RK : *Aayush
[13:34]   Shai : 4 rows of red at top and 4 rows of green at bottom and no war zone in white in between 🙂
[13:34]   Aayush : so what does this signify
[13:35]   Vikkas C : no trade zone
[13:35]   Sankar : 🙂
[13:35]   Aayush : as in like, some move towards the close or expiry rollover?
[13:35]   Shai : from an orderflow persepctive buyers below and sellers on top
[13:35]   RK : and lets close in white zone at VWAP without spike and let big brothers decide over night 🙂
[13:35]   Shai : From auction persepctive, we give higher weightage to open vols
[13:36]   Shai : plus vwap is in favor of buyer so far
[13:37]   Vikkas C : vwao and ibh almost same same
[13:42]   Kathir : inr below 65.8
[13:43]   Vikkas C : shai how is the volume for the day ?
[13:44]   Shai : 105 L
[13:45]   Vikkas C : can we say its a poor volume day
[13:45]   RK : nope
[13:45]   Vikkas C : ok thanx RK
[13:45]   RK : we may close above 125 L
[13:47]   Vikkas C : but isnt that a bad volume day RK
[13:48]   Vikkas C : with the exception of friday the remaining days of last wekk had a volumes between 1.05 to 1.15L
[13:49]   RK : read it as it should close above 125L..above 120 is a ok vol for me..
[13:50]   Vikkas C : ok thanx bud 🙂
[13:50]   RK : Shai what is your gauge for vol to call it as fair?
[13:51]   Vikkas C : yes shai pls throw some light on this
[13:55]   Shai : trending days have vol of 160- 190 L, balance day has 7-10 L and 12- 15 is avg vols
[13:56]   RK : thanks
[13:56]   Vikkas C : thanx shai
[13:56]   Uttam : balance day 70 – 100 L right Shai?
[13:56]   Shai : yeah
[13:57]   Shai : most of last week was lower cos we were balancing
[13:57]   Uttam : gr8, that NF sell call is active right, below 7928?
[13:57]   Uttam : right
[13:57]   Shai : yes
[13:57]   Anay : @Shai u mean million and not L rt? 😉
[13:58]   Shai : (13:55) Shai :trending days have vol of 160- 190 L, balance day has 70-100 L and 120- 150 is avg vols
[13:58]   Shai : corrected . thanks
[13:58]   Anay : 🙂
[14:06]   Sandeep : pretty boring day
[14:06]   Sandeep : no one givimg up
[14:06]   Vikkas C : i think will pick up after RBI
[14:08]   Shai : Nifty deciding which way it wants to gap tm 🙂
[14:09]   Vikkas C : 😉
[14:09]   RK : we will accept only positive as mentioned in weekly post..we wont accept otherwise 🙂
[14:09]   Shai : Vix has come down to 18 from 33 and NF still does not want to stop jumoing around
[14:11]   Tejpreet : RK even i am with you …as per weekly we will hit 8100 but not before weak longs are kicked out …so we would see more of bear trailors in this bullish picture:)
[14:12]   RK : you can run trailors but leave my stops 🙂
[14:12]   Vikkas C : what was shai’s range for this week
[14:12]   Vikkas C : 7820 – 8080 ?
[14:12]   Tejpreet : We will help buy buying at your stops 🙂
[14:12]   Tejpreet : by
[14:13]   Tejpreet : vikkas Our bias into the week will be positive and we will look to buy the dip early in the week with stops below 7780 spot for 8065 and a possible run up to 8180 either on expiry day or the week to come
[14:13]   Vikkas C : 7810-8065
[14:14]   Vikkas C : ji thanx tej
[14:14]   Tejpreet : welcome ji!
[14:15]   Vikkas C : :p
[14:16]   Varun : friday monday daily of same
[14:16]   Varun : twice tested vwap
[14:16]   Varun : and kris says wht happens on friday repeats on monday
[14:17]   Varun : so vwap break could be day low trend
[14:17]   Varun : clearing week
[14:17]   Sandeep : kuch to ho
[14:20]   Shai : we may close at day highs
[14:20]   RK : gotcha! 🙂
[14:21]   r m : 🙂
[14:22]   Shai : go long in NF abv 7975 tgt 7999/ 8023, sl of 7960
[14:25]   Bhagya : I am already long with stoploss of 7942
[14:26]   Shai : yes can go long ere and ad near 7950
[14:26]   Shai : added OCT F
[14:26]   Shai : all long buidup in OCT
[14:26]   Sandeep : decent vol too
[14:26]   Sandeep : in oct
[14:27]   RK : so all reds since morning in Sep are mostly rollovers
[14:28]   Jay null : sellers fadding or buyers coming shai
[14:28]   Shai : Vol in OCT is good but still less than 50% of Sept
[14:28]   Shai : we like to see it go to 75-80 % for real impact
[14:28]   Shai : Jay buyers from Open
[14:29]   Shai : Vol number is that 44xxxxx on top in the FP chart
[14:35]   Jay null : shai sellers fedding or buyers coming
[14:36]   Jay null : shai sellees fedding or buyers coming
[14:39]   Shai : so far only sellers here in NF
[14:39]   Shai : sept
[14:39]   Jay null : ok
[14:40]   RK : and that 7965 is very stubborn
[14:43]   Shai : cons view is to wait abv 7975 for a 25 point move
[14:43]   Shai : if long here then sl is below vwap/ IBH
[14:46]   Vikkas C : 8000 coming it seems before mkt close
[14:47]   RK : 8025
[14:47]   Vikkas C : 😀 aane do
[14:47]   Shai : if BNF trades abv 17570 first then 825 will come
[14:48]   Shai : 8025
[14:48]   RK : Oct getting Red at top now
[14:48]   Shai : is VAH in BNF
[14:48]   Varun : rk i neutralised one for u
[14:48]   Varun : 😉
[14:49]   RK : in OCT?
[14:49]   Varun : 85650 one
[14:49]   Vikkas C : but RK it coming and going
[14:49]   RK : VArun oh yes 🙂
[14:49]   Jay null : closing near 7990 future .. longs cf?
[14:50]   Shai : No Jay if we close at highs we don’t carry today
[14:50]   Jay null : close near 7990 . longs cf?
[14:50]   RK : seems Anay is in that 7965 gang 🙂
[14:51]   RK : hard to push
[14:51]   Shai : Keep NF sl at 7951 till close
[14:52]   Tejpreet : Guys make up your mind …11 trades in nifty …just pennies to show 🙂
[14:52]   Vikkas C : im out at cost ..confused soul i am today ..will trade tomo ..
[14:52]   Jay null : close near 7990 .. longs cf?
[14:53]   Shai : yes
[14:53]   Shai : (14:50) Shai :No Jay if we close at highs we don’t carry today
[14:54]   Vikkas C : shai do u think we shud get into 8000pe for tomo incase we do go towards 8025
[14:55]   Jay null : close near 7990 …longs cf?
[14:55]   RK : Jay you are not getting Shai’s replies?
[14:56]   RK : (14:53) Shai :(14:50) Shai :No Jay if we close at highs we don’t carry today
[14:57]   Shai : yeah seems like he is on Mobile and chat is not updating
[14:57]   Shai : may have to logoff and login
[14:57]   Shai : BNF at VAH
[14:57]   Sandeep : ya chat on mobile is troublesome
[14:57]   Shai : Yes Vikkas can carry a put in last 10 mins of trdae
[14:57]   RK : yes..it will show blank in mobile
[14:57]   Vikkas C : thanx shai
[14:58]   Rahul P : any case for shorts here ?
[14:58]   Rahul P : the reds are looking attarctive
[14:58]   Shai : not here
[14:58]   Sankar : @Jay, Trades are coming in twitter too.
[14:59]   Shai : bear in mind Rahul , vol is divided as expiry week
[14:59]   Kathir : @RK bears contacting me to release fake MO 🙂
[14:59]   Vikkas C : so now we have 2 sellers in oct EOD
[14:59]   RK : 🙂
[14:59]   Vikkas C : RM MO sheet not updated ..
[15:00]   Vikkas C : pls kardo sirjee
[15:00]   RK : Vikkas those are ant compared to greens 🙂
[15:00]   Vikkas C : agreed RK
[15:00]   Augustin : @Shai – Can take BNF puts too for tomorrow?
[15:00]   Sankar : and those reds may get overwritten also..
[15:00]   Sankar : 😉
[15:01]   r m : @Vikkas, MO 46
[15:01]   Vikkas C : thanx RM sir :p
[15:02]   Bhagya : covered all longs in bank nifty and nifty
[15:03]   Shai : Can Augustin with strict SL at day highs tom
[15:04]   Augustin : Ok. Tks Shai
[15:11]   Jay null : AJ meeting RRR tomo evening .. sources …
[15:11]   RK : yes..but pls ask him not to meet press 🙂
[15:11]   Aayush : advisable to go short at closing Shai?
[15:11]   Tejpreet : There goes the rate cut 🙂
[15:12]   r m : AJ should become a Jain Muni and wear a strap over his mouth 🙂
[15:12]   Shai : yes aayush for a pull back to 7950/30 with sl of today highs strict
[15:13]   RK : NF resisted at VAL and BNF VAH..
[15:13]   Shai : yes no greens abv
[15:13]   Rahul P : do u see deeper targets for tomorrow ?
[15:13]   Shai : No Rahul not yet- I think bears failed at the open today
[15:14]   Shai : Close out NF intra longs here
[15:14]   Tejpreet : PL statement of the day does not reflect the fact that we did 2IB both in nifty and BN .
[15:14]   Rahul P : somehow the reds build up is notlookign good for coming days
[15:14]   Vikkas C : yes tej
[15:14]   Vikkas C : took 2 trades and both booked at cost
[15:14]   Vikkas C : 🙁
[15:14]   Sandeep : mine sl hit
[15:15]   Kathir : anyone trading usd/inr?
[15:15]   Vikkas C : @RK now see the build up in oct
[15:15]   Shai : BNF did 80% today but the move dies off after the first 90 mins
[15:16]   Tejpreet : Yes mrng move gave some good profit and that was it ……getting profit too early in the day makes you restless the whole day 🙂
[15:16]   RK : yes they pile up some in OCT now
[15:18]   Shai : 8001 sl if buying puts now into tom
[15:19]   Vikkas C : ok got it shai..thanx
[15:22]   Girish : Cheers everyone ! Have a nice evening !
[15:22]   r m : Bye Girish!
[15:26]   Vikkas C : @RK heromot big volume
[15:27]   Vikkas C : and price is constant :S
[15:27]   Koushik : we r flat now shai right?
[15:28]   Shai : yes
[15:29]   Sankar : Bye All then 🙂 See u tmrw.
[15:29]   Ashish : Thanks and bye all
[15:29]   RK : Vikkas on daily below par vol only
[15:29]   Shai : close at VAL
[15:29]   Tejpreet : Bye all
[15:30]   Vikkas C : ok thanx rk
[15:30]   Shai : maybe a run down to 7955 near open and then we see
[15:30]   Shai : Bye all
[15:30]   Shai : Have a nice evening
[15:30]   Vikkas C : bye all and thank u everyone
[15:30]   Anay : bye all
[15:30]   Kathir : thanks and bye all
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Koushik : bye all
[15:32]   Mukesh : have a nice day ahead all

Get Image Orderflow Charts And Notes 21/09/15

Custom Chat Transcript

Room Name: Vtrender
Date and Time: September 21, 2015 09:08:05

[09:32]   Gaurav : Bank of India looking good Intra Shai for 145?
[09:49]   Shai : baninda drive up may see 141.5
[09:49]   Shai : sl is 137 , the 144 reamins a supply point but may not come today
[10:02]   Ashish : Shai, LIC housing resistance levels?
[10:04]   Soumya : ncl blasting 5% up !!!!!
[10:04]   Soumya : what is the resistance shai?
[10:08]   Shai : lic intra res at 446 supply also at 455
[10:09]   Gaurav : Thanks Sahi
[10:09]   Ashish : Thanks Shai
[10:13]   Shai : ncl headed for 105
[10:13]   Shai : Nice one Soumya
[10:13]   Soumya : thank you shai
[10:15]   RK : Shai DR has done the obj on downside or still can do 3850?..It broken the tight range of last week..
[10:20]   Soumya : Shai bro any chance we might get this at lower rates NSE: SCI
[10:20]   Soumya : I want to add it near 65-66
[10:21]   Soumya : or is the chart too strong and we should buy now?
[10:21]   Shai : dr 3985 is res n day but current lows are shoing res buying
[10:21]   Shai : may be a move till 4025 today/ tom will clear things in Dr
[10:22]   RK : Yes 4040 my SL as of now but it could jump any time if gets buyers..will watch..thanks..
[10:24]   Shai : SCI weekly postnl supp is 61
[10:25]   Shai : today’s vols suggest that it may be headed to 87/ 105
[10:26]   Kathir : shai L&T FH positional views
[10:26]   Uttam : Shai, Coal India opened within the spike & made a low of 338.5 which was below the spike but now bouncing so what are your views? Not bullish till it crosses Friday’s high?
[10:33]   Shai : Not getting data for LTFH- what is the correct NSE sysmbol?
[10:33]   Shai : Yes Uttam if open is in spike has to cross over spike highs
[10:34]   Soumya : so shai you think it is beeter to buy here and hold than to wait for lower levels?
[10:34]   Vikkas C : shai can u pls have a look at tatamotors for longs ?
[10:34]   r m : L&TFH
[10:34]   Uttam : thanks Shai, have anyways hedged the longs so will have a relook EOD
[10:34]   R Goel : kathir I guess shai does not get data for L&TFH
[10:34]   R Goel : and M&MFin
[10:35]   R Goel : since there is an issue with esignal and special charaters
[10:38]   Kathir : oh ok RG
[11:08]   r m : @Shai, L_TFINANCE should work I think
[11:08]   r m : for L&TFH
[11:12]   Shai : Thanks RM- let me check
[11:14]   r m : L_TFH.EQ-NSE
[11:15]   r m : this one works with esignal webquotes
[11:15]   r m : http://tinyurl.com/o366a9f
[11:15]   Shai : yes it does
[11:17]   Shai : hope Kathir buys enough shares and gets the board to change the co name 🙂
[11:17]   r m : lol
[11:18]   Shai : LT FH open drive down may meet res at 68 and has supp at 63
[11:18]   Kathir : lol 🙂
[11:18]   Shai : could go ideways this week
[11:18]   Shai : sideways*
[11:18]   Gaurav : BHEL positional buy yet Shai?
[11:18]   Kathir : thanks shai..today volumes huge in it
[11:19]   Tejpreet : Shai can you share any chart that you look at when you give us the stock levels.
[11:20]   Tejpreet : It could be for any stock.
[11:23]   Ashish : Shai, SKS micro is entering the gap down zone. Can try for longs in it?
[11:32]   Shai : Bhel not yet
[11:32]   Shai : need to see vols abv 310 in BHel
[11:33]   Shai : 210*
[11:35]   Shai : sks long was good at 395 but now fresh ones abv 407 fr 419
[11:35]   Gaurav : Thanks Shai
[11:36]   Ashish : Thanks Shai
[12:04]   Ashish : Shai, ZEEL is looking a good short here? How is order flow looking for this?
[12:24]   Shai : @Tejpreet I look at a Weekly TPO chart and a Monthly TPOC chart with a Vol at price chart to show vols
[12:25]   Shai : zeel may drop to 393/ 391 from here
[12:26]   Shai : sl is 401 intra and 505 positional
[12:26]   Ashish : Thanks Shai
[12:27]   Tejpreet : Thanks Shai …need more clarification on it …will request more information post market on mail.
[12:34]   Shai : sure
[12:58]   Tejpreet : Shai Views on Tata motors ….looking to buy some calls need price confirmation.
[13:00]   Shai : good abv 334.7 intra or abv 345 on weekly
[13:02]   Tejpreet : Thanks
[13:19]   Soumya : Shai excellent view – could do intra day in ncl from 98 to 106 !! cheers bro
[13:20]   Soumya : Positional target for ncl according to me is 145+
[13:26]   Shai : ncl watch 109 carefull on weekly close
[13:44]   Soumya : as in 109 strong resistance weekly?
[13:45]   Soumya : and above 109 what are the targets?
[13:49]   Shai : some liquidatio came there – abv 109 is 125
[14:01]   Soumya : thanks a ton shai bro
[14:01]   Soumya : will keep 109 in mind
[14:14]   Uttam : Shai, view on Reliance, it has opened a big gap down & now trading lower, good to short here?
[14:27]   Shai : 875 is supp in RIL
[14:30]   Uttam : thanks Shai
[14:39]   Kathir : @shai usd/inr what SL for postional short below 65.80?
[14:40]   Sumit K : Shai – view on ESSAROIL
[14:40]   Shai : 66.06 weekly res and 64.45 now supp
[14:42]   Kathir : ok shai thanks
[14:46]   Vikkas C : shai whats ur view on ultratech here ?
[14:52]   Sumit K : 14:40 Sumit K: Shai – view on ESSAROIL
[14:53]   Shai : utrartech abv 2925 can give you 2960/ 2999
[14:54]   Shai : thanks Sumit- almost missed that
[14:55]   Shai : essar headed for a good close – could tgt 215- 217 this week
[14:55]   Vikkas C : thanx shai
[14:56]   Shai : sl is below 194 res of week
[15:03]   Vikkas C : shai can u chk maruti ..it close to filling the gap ard 4500..can it be shorted here ?
[15:10]   Shai : maruti not a shrt till it confirms a close below 4445 this week till then can stay up for 4610
[15:11]   Vikkas C : ok thanx shai
[15:20]   Tejpreet : IDBI phenomenal move up 17% on huge volume …any news ?