OrderFlow charts and Notes 23/04

[08:44]   r m : Good Morning folks!
[08:44]   r m : http://vtrender.com/levels-and-plan-for-23rd-april/
[08:44]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-2204/
[08:44]   r m : Nifty APR Future levels Key Reference Area 8484 Hypo1 above 8485➜8508-10➜8560 SL 8434 Hypo2 below 8424➜8370 SL8485
[08:44]   r m : Banknifty APR Future levels KRA 18365 Hypo1 below 18305➜18192➜18075 SL 18370 Hypo2 above 18355➜18440➜18550 SL 18229
[08:45]   Porus : GM RM and all
[08:48]   r m : Hi Porus
[08:59]   Shai : GM all
[09:02]   r m : Results today – HDFC Bank
[09:02]   r m : Results tomorrow – Infy
[09:07]   Sharad : GM all
[09:08]   Hemant : GM folks
[09:09]   Tejpreet : GM All.
[09:09]   Sumit : GM everyone
[09:14]   Shai : Watch BNF abv 18360
[09:14]   Shai : expected move is 200 points to 18550
[09:15]   Shai : buy dips till VAH+ filter holds
[09:16]   Vishal : Hi GM All
[09:18]   Ashish : GM all
[09:19]   Shai : BNF waiting on buyers to come
[09:19]   Shai : none seen yet
[09:24]   Shai : Not a high confidence open by buyers
[09:24]   Shai : 8445 supp
[09:24]   Shai : 18324 BNF
[09:24]   Shai : both vah
[09:34]   Varun : What are the LVN ‘s on upside @shai
[09:36]   Shai : 8514/ 8548
[09:36]   Shai : 8656
[09:37]   Varun : And npoc @shai
[09:37]   Shai : 8846
[09:38]   Shai : buyers have come at 8484
[09:38]   Sharad : what is npoc ?
[09:38]   Shai : vpoc not visited
[09:38]   Shai : also called naked poc or virgin poc
[09:39]   Varun : thanks
[09:39]   Sharad : so basically VPOC right
[09:39]   Shai : yes
[09:39]   Sharad : ok
[09:39]   Ashish : Shai, VPOC level on upside in nifty and banknifty please
[09:40]   Shai : BNF at 19026
[09:41]   Shai : NF at 8846
[09:41]   Shai : holding vah at the open – NF can do 8567 today
[09:42]   Shai : can buy abv 8514 also or closer to 8465 with stops below 8440 F intra
[09:42]   Ashish : 8577 is not VPOC??
[09:42]   Shai : positional sl for day is below 8405 F
[09:43]   Shai : technically 8577 also a vpoc but since 8464 was slighly bigger and it’s only 1 – 8464 from that day became the POC
[09:44]   Ashish : Ok thanks Shai
[09:44]   Shai : but 8577 is a nice ref poimt
[09:48]   Porus : Shai, what would be pos sl for bnf?
[09:48]   Porus : *long
[09:49]   Shai : 18190 spot
[09:50]   Shai : risk reward not good for positionals in BNF
[09:50]   Shai : play the intra move and et’s review the 18470 zone spot
[09:51]   Porus : ok. Thanks
[09:51]   Shai : basically we go weak below vah today again
[09:57]   Hemant : Shai sir, can I buy some calls for target of 8550?
[09:57]   Shai : yes
[09:57]   Shai : buy on a dip now
[09:57]   Hemant : Ty 🙂
[09:58]   Shai : we should come back 20 points from 8530
[09:58]   Hemant : Ty 🙂
[09:58]   Shai : buy vwap
[09:59]   Shai : 18486 is the buy abv number for day sl of 18435 tgt of 18550
[09:59]   Shai : 8530 F buy abv number in NF sl of 8499 tgt 8567
[10:17]   Tejpreet : (09:58) Shai :buy vwap
[10:17]   Tejpreet : Can we buy now or above 8530
[10:19]   Rahul G : shai the zoomed too much
[10:19]   Rahul G : can you compress this a bit
[10:35]   Ashish : small buyers coming??
[10:36]   Amit J : buy here ?
[10:36]   Ashish : buyers at 8458…shai please confirm
[10:37]   Shai : no wait
[10:37]   Ashish : ok
[10:39]   Amit J : buyers?
[10:39]   Shai : no
[10:41]   Shai : Not enough of a buying response
[10:41]   RK : GM Shai,RM and all
[10:42]   r m : @Shai, whenever you get time please give levels for infy – for tomorrow 🙂
[10:43]   Shai : willd rop to 84233
[10:43]   Shai : 8425
[10:43]   Shai : gotten weaker below vwap
[10:43]   Shai : looks like yesterday players cashed out 8482
[10:44]   Shai : ok rm – will update
[10:44]   r m : Thanks
[10:45]   Ashish : Shai, Engineers india also when you get time
[10:45]   r m : (*** Private to RK ) Hi RK, my msgs getting delayed (I mean display at my end)
[10:48]   Shai : Sll BNF 18295 tgt 18195 sl of 18365
[10:51]   Hemant : Shai sir, switch to puts now?
[10:51]   Hemant : What targeton spot?
[10:54]   Shai : Hemant no confirmed downside till 8405 breaks
[10:54]   Shai : 8405 F
[10:55]   Hemant : Right on sir
[10:55]   Shai : yesterday’s buyers have given up at 8480 today
[10:55]   Shai : so we” add shorts on rises now and look for lows to be visisted again
[10:56]   Hemant : This was a jolt
[10:56]   Shai : yes sharp down below vwap
[10:56]   Shai : 8484 F KRa not held
[10:56]   Shai : even NF below 18350 again
[10:56]   Shai : BNF*
[10:57]   Hemant : 8405 on NF must be broken for a breakdown
[10:57]   Hemant : So its barely above it
[10:58]   Shai : RM- Infy looks set for a bounce on Mon
[10:59]   Shai : holding 2050 sl tom I think the better idea is to go in long calls
[10:59]   Shai : 2122 now
[10:59]   r m : Thanks Shai
[10:59]   Shai : but max upside seen is 2300
[10:59]   r m : ok
[11:00]   Shai : 2050- 2300 into earnings
[11:00]   Amit J : shai plz refresh chart
[11:04]   Shai : buyers at 8428
[11:05]   Vishal : @Shai are referring to 46475 buyer?
[11:05]   Vishal : at 8428
[11:06]   Shai : NF buy abv 8446 tgt 8477 sl 8423
[11:07]   Shai : this is not fgoing to be an easy expiry- there are 2 sets of institutions out to get each other
[11:08]   Hemant : Thats bad and yet exciting
[11:09]   Shai : seller is agan stronger on day and will hold 8484 today on rises
[11:09]   Shai : buyyers below at 84250 8405
[11:09]   Amit J : shai can you pl referesh again, cant see delt in nifty
[11:09]   Amit J : ok
[11:10]   Shai : 8406F has to be broken for downside confirmation
[11:10]   Hemant : Shai sir, on spot can expect 8460 right?
[11:11]   Shai : spot 8375 positional supp
[11:11]   Shai : yes about 8464
[11:11]   Hemant : Great! Thank you
[11:18]   Shai : more sellig now
[11:18]   Shai : engineers india see 208 as positional res
[11:19]   Shai : intra day today strong as lng as 198 holds
[11:19]   Ashish : Thaks Shai
[11:19]   Shai : below 195 trade is t0 185 sl 198
[11:20]   Ashish : ok
[11:34]   Amit J : shai short here
[11:35]   Hemant : Its below 8405 Shai sir,
[11:35]   Hemant : New targets on nifty please
[11:36]   Shai : 8370 NF
[11:39]   Shai : 8253 f tgt is we close below 8370 today
[11:40]   Shai : I still think it will be 2 way street from here with high volatility
[11:40]   Shai : position size
[12:11]   Tejpreet : Shai How is Asian Ppaints for id longs .
[12:13]   Shai : asian no longs till 794 is crossed then sl of 789 tgt 801
[12:13]   Shai : NF getting resisted at VAH
[12:14]   Shai : That seler is again strong today from 8482
[12:14]   Tejpreet : Thanks for Asian lvls
[12:14]   Shai : BNF not strong till 18360 F crosses
[12:14]   Shai : both holding vpoc til now
[12:43]   Amit J : big buyer
[12:44]   Varun : amit look at 15 min
[12:44]   Shai : no buy stops taken
[12:44]   Shai : going down now
[12:44]   Shai : vah not shown buyers
[12:45]   Varun : shai cn u refrsh 15 min
[12:45]   Amit J : what was that 122800
[12:45]   Shai : now upto yesterday buyers to respnd neat val
[12:45]   Varun : this is a scam happens every day
[12:45]   Vishal : wow that was gr8 learning to me
[12:45]   Vishal : big buyer turns seller
[12:45]   Shai : 122800 is an aggressive mkt buy order
[12:46]   Vishal : not sure what this happens
[12:46]   Shai : mostly absorbed by sellers hence sl
[12:46]   Vishal : may ne @Shai can explain this for learning lession
[12:46]   Shai : ?
[12:46]   Vishal : got it
[12:46]   Vishal : you already explained
[12:47]   Vishal : thnx
[12:49]   Tejpreet : Vix shot up to 19.18
[12:49]   Shai : now buyers again
[12:50]   Tejpreet : Options will loose premium pretty fast by Monday
[12:50]   Shai : BNF stuck 18320- 18190
[12:51]   r m : 🙂
[12:51]   Shai : vix 19.34 res
[13:05]   Ashish : Guys, where I can get vix live charts.please advise
[13:08]   r m : it is there in trading terminal if you are using NEST
[13:08]   Ashish : ok, thanks
[13:10]   Amit J : fin.google.com
[13:10]   Tejpreet : RM any suggestion on Nest Trader v3.11.2 …prices lag fequently and I have to refresh broadcast again and again …am running it on Win 8 64 bit.
[13:10]   Amit J : ticker indiavix
[13:10]   Ashish : Thanks Amit
[13:11]   r m : @Tejpreet, it may be due to issues at broker’s end too or lack of bandwidth
[13:12]   Tejpreet : Chk bandwidth no issues …wguess will have to chk with RKSV .Thanks.
[13:12]   r m : but NEST orders are always executed in time, the broadcast lags behind at times
[13:13]   Tejpreet : True buying selling no issues.
[13:13]   r m : Another issue with NEST is it hogs memory, mine stops working after hogging all the RAM sometimes 🙂
[13:14]   Tejpreet : I always chk prices on Amibroker side by side to nest.
[13:15]   r m : ok
[13:34]   RK : Shai where is Scene of crime of yday’s upmove..should be here around?
[13:34]   Shai : big round of selling
[13:34]   RK : all yday buyers are winding up
[13:34]   Shai : 8364
[13:34]   RK : thanks
[13:34]   Hemant : Met the objective:)
[13:36]   Shai : 8368 big seller
[13:36]   Shai : another round of selliing below 8368 for 8338
[13:38]   Shai : that buy vol y’day between 8388- 8338 all uner threat – http://vtrender.com/wp-content/uploads/2015/04/NF_tick13.png
[13:38]   Shai : under*
[13:41]   Shai : today’s selling from 10.40 caught all the early buyers by surprise-
[13:42]   Shai : today- http://screencast.com/t/L3h9mmugyE52
[13:45]   Hemant : Sir it might visit 8364 again ?
[13:49]   Tejpreet : Shai any trades for infy …looking at 2150 put call combo around 125.
[13:50]   Shai : Hemant sl is 8447 F
[13:51]   Shai : Tejpreet I see 2050- 2300 as range
[13:52]   Shai : yes that put call may be right in terms of range
[13:52]   Tejpreet : More than 5 % move should make it profitable.
[13:52]   Shai : there are some more buyers now
[13:52]   Shai : biggest since open hour
[13:53]   RK : Shai nearer obj for Tata steel long pls
[13:54]   Shai : tata steel extended at 368
[13:54]   r m : (*** Private to Tejpreet ) (10:58) Shai :RM- Infy looks set for a bounce on Mon (10:59) Shai :holding 2050 sl tom I think the better idea is to go in long calls
[13:55]   Shai : 383 remote but sl for that is 353
[13:55]   RK : next one Shai if this surpassed
[13:55]   RK : yeah thats fine..thanks
[13:56]   Shai : shorts of the morning hold 8447
[13:59]   Amit J : hdfc bank view? getting buy call
[14:01]   Shai : 1025 res – cross can send it to 1052 and then 1098 abv 1052 supply
[14:06]   Shai : Most probabably a close at day low
[14:06]   Shai : possibly 8338
[14:07]   Shai : sl is 8446
[14:07]   Shai : beware of 2.30 player
[14:08]   Hemant : That player is a buyer?
[14:08]   r m : yet to disclose his hand 🙂
[14:08]   Amit J : shai if long bng what should be sl
[14:08]   Amit J : bnf
[14:09]   Shai : 18165
[14:09]   Shai : bew that odds of 19000 higher
[14:10]   Shai : can add 20 point filter to 18144
[14:10]   Amit J : thks
[14:13]   Tejpreet : Amit Hdfc Bank results post market?
[14:14]   Amit J : it should come in mkt
[14:14]   Tejpreet : Thanks.
[14:14]   Amit J : m&m fin post mkt
[14:14]   Amit J : both should be good
[14:21]   Hemant : Silence before the storm
[14:23]   Ashish : 2:30 buyer came???? a bit early
[14:24]   Amit J : BN at VAH
[14:24]   Hemant : Looks like the game has started a bit early
[14:25]   RK : Hero again something cooking..20 rs spike down in a flash from 2373-2355 and moving up now
[14:26]   Tejpreet : RK I think hero is a safe long in May series …lot of spikes and shakeout in it.
[14:26]   Tejpreet : Heard targets of 2550 to 2600 on it.
[14:28]   RK : Thanks Tejpreet..no position there but watching it closely
[14:29]   Amit J : shai neutral extreme possible
[14:29]   Amit J : ?
[14:29]   Shai : can’t rule it out
[14:29]   Tejpreet : Me too just watching got out yesterday in it 🙂
[14:30]   RK : 100 off from lows..NF doing rounds of 100 now 🙂
[14:30]   Hemant : Smashed it..
[14:30]   Hemant : 2:30 exact got pulled back
[14:30]   Amit J : we are above vah
[14:30]   Amit J : in both
[14:31]   Hemant : Shai sir whats the target for this drive on spot?
[14:31]   Shai : 8483 F original seller
[14:31]   RK : Tejpreet I was short from 2600 but made poor exit at 2420 as it made further low about 2300 🙂
[14:31]   Shai : Hemant 2 way mkt will test extremes
[14:32]   Shai : I think we are 8338- 8580 till expiry
[14:32]   Shai : F
[14:32]   RK : Its Jackie chan mkt..can kick with both legs 🙂
[14:32]   Shai : lol
[14:32]   Shai : My broker saying traders have chosen to stay off
[14:33]   Shai : Big boys slinging it
[14:33]   Tejpreet : RK in this volatile mkt making profit is good enough with SL being hit both ways.
[14:33]   RK : tejpreet..true
[14:33]   Shai : If you look ar RM’s data sheet it is a clash btw 2 sets of institutions and even Fii’s are divided
[14:34]   Tejpreet : Looks like big boys wanna settle scores this week only …expiry week could be dull.
[14:35]   Shai : 2.30 player has started red
[14:35]   RK : 8370 now?..FP chart getting tallied then and there between 15 mins
[14:36]   Shai : mess of a profile
[14:37]   Shai : today’s seller 8483 – y’day 2 buyers at 8338 and 8365
[14:37]   Shai : ping pong
[14:37]   Hemant : Sir puts and call all screwed up today
[14:37]   r m : 🙂
[14:38]   Shai : Yes Hemant – not really tradeable
[14:38]   Shai : we wait for some sanity
[14:39]   Hemant : Booked some decent losses, not worth treading on this path today
[14:40]   Hemant : Hunterrrs 🙂
[14:41]   Tejpreet : Volatility to take SL , maybe sanity returns post infy results …up or down but make it a one way trip 🙂
[14:43]   Shai : 8403 back
[14:43]   Tejpreet : As per heckyl Hdfc bank showing short covering since last 1 hour .
[14:45]   Hemant : For a noob like me this has been an amazing experience.. market is full drama. Paisa vasool stuff! As thrilling as a Bond movie 🙂
[14:53]   Tejpreet : HDFC results in
[14:54]   Shai : abv vah being sold – means it has to go lower
[14:54]   Shai : but mkt attacking smaller stops and hence trade mgmt is very difficult
[14:55]   Porus : HDFC bank NP up but loss provisions up by c. 30%
[14:56]   Tejpreet : Results look good but let us see mkt response.
[15:01]   Shai : 8433 vwap – fair price to close and truce?
[15:10]   Vishal : 14:33 Shai : If you look ar RM’s data sheet it is a clash btw 2 sets of institutions and even Fii’s are divided
[15:10]   Vishal : @ Shai sheet you were refering… pls share the link
[15:11]   Shai : all data in docs folder in right bottom
[15:12]   Vishal : OK. Thanks Shai
[15:19]   Shai : quitened down quite a bit n last 30 misn
[15:19]   Shai : dpoc shifted down
[15:19]   Hemant : Shai sir, not sure if my interpretation is correct, this market is supposed to go down.
[15:19]   Shai : close below 8446 slightly bearish
[15:19]   Hemant : all that talk was yesterday on relief rally was trap setting?
[15:20]   Shai : no it was news based covering of shorts
[15:20]   Shai : shorts are back at higher levels again today
[15:20]   RK : but we had good follow up open today
[15:21]   Shai : yes but should have held the neutral extreme high
[15:21]   Shai : and vah on the break below
[15:21]   Shai : the pull back at 2.20 also stopped near yesterday highs
[15:22]   RK : yes
[15:22]   Porus : Shai, is there a good case to carry nf, bnf shorts to tomorrow?
[15:22]   Shai : yes
[15:22]   Shai : open could be dull tomorow but last hour can swing a bit
[15:22]   Shai : open and 1st half
[15:23]   Porus : OK
[15:25]   Hemant : Continuation of weakness since NF below VAH?
[15:25]   Hemant : 09:51 Shai : basically we go weak below vah today again
[15:26]   Shai : yes
[15:26]   Shai : a mkt staying abv vah is strong
[15:26]   RK : last min sellers
[15:29]   Hemant : Screw them machines
[15:30]   RK : thanks and bye all 🙂
[15:30]   Shai : bye all
[15:30]   Shai : have a nice evening
[15:30]   Tejpreet : Bye All.
[15:30]   r m : Thanks and bye folks, have a great evening 🙂
[15:30]   Vishal : Bye all..Hv gr8 evening
[15:30]   Hemant : Tata 🙂
[15:30]   Ashish : Bye all
[15:30]   Porus : bye all