Month: November 2011

Here’s value and vwap for the series.

Nifty :

BankNifty :

The new sellers are far removed from value.

We are a long way away from vwap as well.

The MO charts are also pointing that risk- reward does not favor new selling here.

But our OrderFlow charts are not Blue yet, which means that short covering or new buying is not there yet.

Time to be careful with your positions.

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Value and vwap for series

This morning off the open we noted the huge volumes at 5139 NF and as the market started to rotate we realized that should that buyer be taken out the market would be ready to move down swiftly.

The market moved up and down around the vwap and once the level of 5139 broke, there was no looking back.

Our OrderFlow had a whipsaw resulting in a loss of 24 points as buyers and sellers jostled for supremacy around the  day’s dpoc and the Volume weighted average price.

But once the issue was resolved with a new sell signal, signifying sellers taking control at 5137, we managed to pocket a cool 70 points reversing the previous losses.

The Bank Nifty has been completely under the control of sellers since 9340 yesterday.

Here is the updated spreadsheet detailing the OrderFlow gains from the 7th of November this month.

In 6 sessions of trading ( 5 on the NSE) we have


[googleapps domain=”spreadsheets” dir=”pub” query=”output=html&widget=true&single=true&element=true&gid=0&key=0Aguuu7T3NhX2dHRQTVdTanJaaTZVZXNUc3hDQ195LXc&range=K2%3AK35″ /]

these gains to show for the OrderFlow Performance.

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OrderFlow of today and spreadsheet

The November series has been a series full of holidays.With news coming out of Europe every day, it is never an easy time to trade when we have a holiday at the NSE and the global markets are moving.

This is especially true for swing traders who carry their positions overnight.The Global turmoil can means nervous nights watching the DOW as well as waiting for the closing of the DAX.

As we use Order Flow charts at Vtrender, it becomes easy to track what the larger market participant is doing and trade in his direction.

On 25th when the market closed for Diwali we had a long position based on OrderFlow. Yes Smart Money was long at that stage and longs from 5173 were booked at 5381 for a gain of 198 points.

Notice the sell signal at 5381 at the top of the trading range.

The next holiday was on the 10th of November and swing trade positions had to deal with a US market on Wednesday as well as Thursday before NSE opened on Friday-11th Nov.

We went short on 9th November -Wednesday at 5307 which we conveniently covered on Friday at 5203, again a gain of 96 points over a holiday.

Again on Friday before the close we went long , booked part at the open this morning and reversed at 5196 today clocking net gains of about 90 points for the day again.

When you start trading our OrderFlow system, the only enemy to your profitability is You.Don’t book out completely till the OrderFlow reverses.You can substitute a Future with an ITM Option Call of the next month, but keep trading the direction.

Follow the turns of the OrderFlow to keep making consistent profits every time the Markets Open.

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OrderFlow on Holidays

These charts were posted on vtrender-2 over the weekend.

Nifty :

The above is the composite profile we were watching at the beginning of the week. When it was fully developed it moved towards the lower side indicating that sellers have more control on short term action than buyers.

Generally in cases of a break out or break down, there is a pull back to retest the broken region. We may thus witness a move to test for old business at the lower value value of the profile or even the Point of Control. Bear in mind though, that on the test of the lower side, the 80 % value area rule may kick in which may force weak shorts to cover. Such a move beyond the POC may take the market to even 5350 to complete the 80 % rule.

The Bigger possibility may be a strong rejection by the Big sellers near the 5180-5200 zone at the center of the profile.

The chart below is Friday’s auction :

Two things stand out in this chart.

1) Friday’s profile was Balanced. It means that sellers and buyers showed equal strength. One possibility remains that some sellers may have covered a part of their shorts in Friday’s action.

2) The profile above the balanced zone shows anomalies at 5253 and 5277. Anomalies are structural defects and often the markets repairs them by paying a revisit at that zone.Also the Market left a small gap between 5216 and 5226 and as we all know most small gaps tend to be covered subsequently.

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Profile charts for Mon- 14/11


Bank Nifty :

Copper :

Here are two Big winners from our OrderFlow system in the past 2 sessions.

The BankNifty generated for us 400 points in a truncated week and  Copper gave us 20 points this week.

Add to that the gains from Gold were 850 points, and from the Nifty were 66 points.

The actual performances and the lot sizes are updated in the spreadsheet at this link.

Just a look at the above figures, compared to our subscription cost of INR 3999/- per month, would tell you why our service and the OrderFlow system of trading remains your best bet to consistent profits.

Our system works across markets and instruments.

Tomorrow is the last day for the quarterly promotion. You can get an extra month with Vtrender Live at the cost of a normal quarterly subscription of INR 9999/-.

Please click here for Subscription details.

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Charts