Order Flow charts dated 03rd August 2020

Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

Vol Pic2 Nf Order Flow Charts Dated 03Rd August 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf Order Flow Charts Dated 03Rd August 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:56 Vtrender Live : 5 min charts of NF- https://join.me/730-814-573
08:57 Vtrender Live : 30 min charts of NF and BNF- https://global.gotomeeting.com/join/240755429
08:58 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:01 Neeraj : Good morning all
09:02 Chandrashekhar : GM all
09:03 Manikandan : gm all
09:04 Shai : GM all
09:04 Rajan : Good morning
09:04 Shai : Friday was a balance on low bolumes in NF and BNF
09:04 Nirmal : gm all
09:04 Shai : expectation is a move to imbalance
09:04 Rohan : GM All
09:05 Shai : for the open ref line is at 11005 along with 10970 lower
09:06 Shai : buyers back in control only abv 11175 now
09:06 Shai : watch for the sellers and the kind of job they do
09:07 Shivakumar : Happy Morning All
09:07 Uttam : Good Morning All 🙂
09:08 Shai : (09:07) Shai : 21290 early morning ref for the BNF
09:08 Shivakumar : Shai Any ref for BN
09:08 Shai : 211174 is supp 2
09:10 Tejpreet : GM All.
09:12 Anuj : GM everyone
09:13 Aditya09 : gm all
09:19 Chandrashekhar : Speedo 620-580-400-300
09:24 Ashwath : @Shai – Observation – Zoom chart , Spot/future (BNF Basis) chart stuck..
09:25 Shai : okay
09:25 Shai : thanks- checking
09:25 Shai : weak open
09:25 Shai : reds are high
09:25 Shai : on to 10971 and 10936
09:30 Ashwath : Thanks Shai – Its working now. 🙂
09:31 Uttam : volumes just about average in both
09:32 Uttam : NF OAOR & BNF seems like an ORR but needs to stay below 21400
09:33 Nirmal : OAOR
09:37 Uttam : some reds stuck at lows in BNF
09:38 Uttam : 20k & 16k
09:38 Uttam : 21320
09:38 Uttam : NF at vwap
09:38 Uttam : negotiations on
09:38 Uttam : RS here would be good confirmation of new lows coming
09:39 Uttam : RS+IS
09:41 Santosh : in 1min chart of 21400 pe saw 200k volume in one candle. what does that say. anyone?
09:42 KK : Maruti numbers good, So good for new high, if stays above 6315, Jit ?
09:43 KK : DHI*
09:44 Sumeet : more reds at lows in bnf
09:45 Chandrashekhar : @Shai, sorry if i am missing something the cot box above each candle is missing…was away for last 2-3 trading days
09:46 Uttam : COT above the candle has been taken off Chandra as it was duplicating, we have it in the box below
09:46 Chandrashekhar : Thanks Uttam, was away ..didnt knew of this change..makes sense
09:46 Jitender : 57k +21 k green bnf
09:47 Uttam : 0s at lows in BNF
09:47 Chandrashekhar : +1 Jit/Uttam
09:47 Ankush Jain : 1st short tgt in NF of 10970 achieved
09:48 Jitender : 320 imp fr bnf now
09:48 Krantik Bordoloi : goodmorning, i am new here…can someone help me find the Bnf charts?
09:48 Uttam : welcome to VT Krantik
09:48 Sumeet : Krantik, links are in the box titled A. BNF is below the nf here
09:48 Rahul : Scroll down
09:49 Uttam : do go through the welcome mail links & the Training Library videos to get a sense of how to look at the chrts
09:49 Krantik Bordoloi : found it, thanks
09:50 Uttam : +1
09:50 Rahul : those greens holding BNF
09:52 Uttam : those greens could also be the stuck reds getting out Rahul
09:52 Uttam : in today’s case
09:52 Uttam : but yes for now holding
09:52 Uttam : cos if they are fresh greens auction needs to probe higher
09:53 Rahul : yes UG very much possible. Keep guiding 🙂
09:54 Bhavesh : look like sl 58200
09:54 Uttam : have another big 37k green also above it Bhavesh
09:55 Bhavesh : what it suggest
09:55 Anuj : Uttam does this have any significance that big greend are right at POC of that candle
09:56 Anuj : *big greens
09:56 Rahul : Yes UG it should auction higher
09:56 Uttam : @Anuj POC is where you have highest vols of the bar
09:56 Uttam : and that 58k is big
09:56 Uttam : so POC will shift there
09:57 Anuj : yes true
10:01 Krantik Bordoloi : how can we watch higher time frame charts?
10:01 Chandrashekhar : 1.1 L greens in NF
10:01 Rahul : greens here
10:03 Uttam : BNF
10:03 Jitender : 260-331 done nf (09:46) Jitender : 57k +21 k green bnf
10:03 Uttam : shorts ki watt?
10:03 Rahul : greens ki laher
10:03 Uttam : 5 rows of greens
10:04 Avinash : +1 Jit
10:04 Ashwath : and +54K COT
10:04 Shai : early morning shorts booking here
10:04 Jitender : tx A
10:05 Uttam : BNF can boom
10:05 Uttam : needs to get abv 21400
10:05 Shai : 10959 RB guy is big
10:05 Uttam : +1
10:06 Rajan : @SHai – 10959 is fresh buy or short covering??
10:10 Uttam : C side coming?
10:10 Rahul : Anne do
10:11 Rajesh : nifty bias :-1.open singles neg,2.below vwap, neg,waiting for rex…….general bias negative..am i right ug?
10:12 Uttam : +1
10:14 Uttam : BNF abv vwap negating the downward bias a bit
10:14 Uttam : abv 21400 more upside can come
10:15 Jitender : 50k green again bnf
10:15 Jitender : algo hunting
10:16 Tejpreet : Let them hunt , dt done stepping aside for a while 🙂
10:16 Rajan : +1 Tej
10:16 Avinash : +1 Tej
10:17 Jitender : cool Tej
10:17 Tejpreet : tks guys
10:17 Chintan : +1 Tej
10:18 Aditya09 : hello seniors if you see the greens which we saw in bn at what point you decide to enter the market
10:19 Jitender : Adi..70k greens was a hge qty…even if it had couple of SLs…so was a no brainer…with a smal SL….
10:19 Jitender : rest tis 54 green is stuck…contra make sense if u r nimble
10:20 Jitender : always focus on context
10:20 Jitender : every 5 min bar excitement / noise is often a trap
10:20 Aditya09 : so we jump immediately with a small sl
10:20 Jitender : i do…based on my h/w n lvls
10:20 Aditya09 : ok thanks jit
10:21 Chintan : +1 Jit
10:22 Jitender : aah…my system reconncted
10:22 Jitender : Adi…225 was the supp marked in my charts
10:22 Jitender : (10:21) Jitender : and u get 70k at 250…wat wud an ID trader do ?
10:23 Uttam : nice 300 point round fig IB in BNF
10:23 Shai : +1 Jit
10:23 Shai : All RB’s are SC only- (10:06) Rajan : @SHai – 10959 is fresh buy or short covering??
10:24 Shai : when you see an IB, you know buyers are in
10:24 Jitender : tx Shai
10:24 Shai : see BNF abv vwap cos it has IB
10:24 Rajan : Thanks Shai
10:24 Shai : NF has 4 IS
10:30 Sadees : jit, on the 54K green stuck contra trade, would you please elaborate a bit..
10:30 Sadees : like how many points can be targeted and SL limit
10:31 Jitender : Sadees…see if u can see theese vols ( all thanks to Shai and his awesum VT)…pro’s and other systems wud also do
10:31 Jitender : so follow up is imp
10:31 Jitender : now u got a red band after 54k green
10:31 Jitender : and immd price rejection
10:32 Aditya09 : thanks jit and shai
10:32 Jitender : so …will u go long, unless follow up comes or supp buyn happens at lower supp
10:32 Jitender : nimble shrt is at 405..with 430 as Sl…fr me
10:32 Jitender : part bookn at vwap..as per yr r/r
10:33 Jitender : else SL is yr best friend
10:33 Jitender : DPOc is also at highs
10:33 Jitender : wich sllows auction dwn
10:33 Jitender : so all in all…a probability ID setup fr nimble
10:34 Sadees : thanks Jit, will keep an eye for this setup..
10:34 Jitender : cheers
10:34 Prashant : Jit, Red band implies?
10:34 Prashant : Multipple of diagonal?
10:34 Jitender : seller imbalance
10:34 Uttam : Nifty spot revisiting that FA of 10953 and looks like taking support there
10:34 Jitender : diagonal P
10:34 Uttam : NF also at vwap here
10:35 Prashant : ok thanks
10:35 Uttam : BNF being accepted above PDL negates the ORR now
10:36 Arjun : NF DPOC shifting higer will be of significance ?
10:36 Shai : perfect – (10:33) Jitender : else SL is yr best friend
10:36 Shai : +1 Jit for the comments
10:36 Jitender : _/\_
10:37 Shai : 21280 is alos a huge ref line for me on day- has not found selling below it
10:37 Rahul : *today ?
10:38 Shai : ref lines are areas where you watch the OF for buying and selling
10:38 Shai : And change bias accordingly
10:39 Uttam : 21250 imp level in spot too
10:39 Uttam : today low so far 21244
10:39 Anuj : +1 Jit for short set up
10:41 Jitender : 405-355 half book (10:32) Jitender : part bookn at vwap..as per yr r/r
10:41 Jitender : (10:19) Jitender : rest tis 54 green is stuck…contra make sense if u r nimble
10:41 Jitender : guys get the context now
10:42 Jitender : now 16k red stuck and vwap so half bookn…rest am holdn as my thru on my day labour and can afford to…else booking also makes sense
10:42 Jitender : *as m
10:42 Anuj : +1 Jit great learning
10:42 Kaustubh : +1 Jit
10:43 Sadees : +1 Jit
10:43 Saheer : super explanation Jit, +100
10:43 Saheer : completely make sense
10:43 Aditya09 : thanks jit
10:44 VijayT : super Jit
10:44 Sumeet : D is here
10:44 Chintan : perfect exp. on the setup Jit Bro. thanks for the in puts 🙂 +1
10:44 Rajan : +100 Jit for explaining the context & concepts
10:46 Govind : thanks for sharing Jit!
10:46 Milind : +1 Jit
10:47 Jitender : tx everyone
10:47 Govind : had to be nimble this morning in BNF, 2 trades and 68 points in options so far. Will wait for an IB extension whenever that is.
10:47 Jitender : congo Gove
10:47 Jitender : Gov*
10:48 Govind : thanks bro
10:48 Rajesh G : congrats JIt
11:00 Jitender : tx RG
11:05 Jitender : full book 327 (10:41) Jitender : 405-355 half book (10:32) Jitender : part bookn at vwap..as per yr r/r
11:06 Ketan : +1 nice jit. congrats.
11:06 Jitender : booking reason (09:48) Jitender : 320 imp fr bnf now
11:06 Jitender : and see reds tere
11:06 Jitender : tx K
11:09 Amit N : +100 Jit
11:11 Santosh : +1 jit, just tried the setup with low qty.
11:12 Jitender : tx A…
11:12 Jitender : +1 Santosh
11:12 Anuj : +100 Jit
11:17 Jitender : tx Amit & Anuj
11:17 Jitender : catch u guys in a little wile
11:17 Aditya09 : ok jit
11:22 Nirmal : B profile is forming means long liquidation
11:22 Nirmal : b
11:27 Uttam : yes Nirmal so far ‘b’ but we are below previous day’s range so auction is weak and needs to extrend below IBL for more downside here
11:29 Uttam : acceptance above VWAP & the morning A period singles would give a chance of the ‘b’ turning to a bell
11:38 Aditya09 : 40 k red stuck?
11:43 Boppanna : IB in INF
11:43 Uttam : in both
11:43 Uttam : at VWAP
11:45 Boppanna : First one in NF since morning
11:45 Uttam : +1
11:49 Shai : Intra – short NF 10980 sl of 10997 tgt 10959/ 10935
11:51 Boppanna : F high right at dvah NF
11:54 Uttam : looking at G side RE Shai?
11:57 Rahul : Shai in 10900 PE what should be SL ?
11:58 Shai : test of that buyer is needed at 10959
11:58 Shai : Afternoon open s up abv it
12:00 Shai : 52 supp in 10900 pew tgt 80 /90
12:00 Boppanna : Shai 11:58 u meant below it?
12:02 Shai : below it yes*
12:02 Rahul : Thanks shai
12:04 Anuj : vix is up by 2,8%
12:04 Anuj : 2.8%
12:05 Rajesh G : shai why short call, ?
12:06 Rajesh G : without IS
12:07 Anuj : new low in BN
12:07 Anuj : spot
12:07 Shai : 110005 ref line was given at open – Ther are 5 IS below it
12:07 Shai : 11005*
12:07 Rajesh G : thanks shai
12:08 Shai : That IB tunred to an RS at 11.40 and it has now stuck buyers
12:11 Boppanna : +1 Shai 40K green was holding the beacon at 988 on 5 min
12:11 Uttam : 3 more mins for G to start – (11:54) Uttam : looking at G side RE Shai?
12:12 Shai : Book for now – (11:49) Shai : Intra – short NF 10980 sl of 10997 tgt 10959/ 10935
12:12 Shai : pace is slow
12:12 Shai : we respond if 10958 is broken
12:14 Boppanna : Shai that sl 997 still good if planning to hold
12:14 Boppanna : ?
12:16 Rajan : Are you planning to move your hammer in G only Bops 🙂
12:17 Rahul : Shai 10958 or 10968 ?
12:19 Boppanna : holding a small qty expecting a test of 959 before europe opens Rajan ?
12:20 Shai : 10958
12:20 Rajan : Ok Bops
12:20 Shai : closed short though
12:20 Shai : G can awaken
12:20 Rahul : yep Thanks
12:20 Boppanna : ok SHai bringing SL to cost now
12:20 Shai : 10958 is where the RB is in B
12:21 Shai : OAOR and normal day in G period
12:21 Shai : best to wait for extension
12:25 Boppanna : out all
12:25 Rahul : Greens again 1.5
12:25 Uttam : (11:54) Uttam : looking at G side RE Shai?
12:25 Rajan : Congo Bops
12:26 Uttam : 11000pe from 118-129 50% out
12:26 Boppanna : +1 Uttam 10900pe 65-80
12:27 Rajan : Congo UG
12:27 Uttam : rest out ast 135
12:27 Uttam : congo Bops
12:27 Shai : +1
12:27 Uttam : thanks Rajan 🙂
12:27 Shai : congrats to all who held
12:27 Anuj : +1 to all in green with the set up
12:27 Kaustubh : +1
12:28 Shai : I had an order right below 10958- did not trigger
12:28 Uttam : hypo1 done in NF
12:28 Sumeet : Held, and thanks for the added conviction Shai…
12:28 Uttam : b) The auction staying below 11094 could fall to 11061-028 / 10974 & 10930
12:28 Uttam : 10931 low
12:28 Shai : that 153K in NF is SLO
12:28 Rahul : Thanks Shai
12:28 Shai : test of 10959 next ref
12:28 Uttam : 21220 in this – b) The auction accepting below 21690 could test 21615-580 / 21510-425 / 21366-336 / 21220-140 & 21039-20970
12:28 Shai : can short there again for 10935
12:30 Krantik Bordoloi : that 63400 buyer can be considered RB?
12:32 Shai : yes
12:34 Krantik Bordoloi : thanks
12:34 K2dt : 114-134 11000pe
12:38 Rajan : @ Shai – What are the next levels in NF??
12:38 Shai : Intra – short NF again 10922- 925 sl of 10962 tgt 10870/ 10840
12:39 Shai : just slid down
12:39 Shai : don’t chase
12:39 Shai : wait for it to come
12:40 K2dt : 138-149 11000 pe
12:40 Shai : 10900 pe at 90 plus
12:40 Shai : shoukd drive the next leg
12:41 Kaustubh : can enter now at 10924
12:46 Shai : yes
12:46 Shai : G it is
12:46 Shai : (12:20) Shai : G can awaken
12:46 Jitender : +1
12:47 Ketan : +1 shai
12:47 K2dt : +100 chief.. monday..oaor+normal day and g roaring is a good recipe 🙂
12:48 Shai : G always for open auctions
12:48 Shai : is the caffeiene wala else back to sleep
12:52 K2dt : slowed down a bit
12:53 Shai : 68 supp in 10900 pe
12:53 Shai : should do 101/ 115
12:54 Shai : One red COT here and H shoukd give us 10894
12:55 Srinath Vasudevan : 10800 zone good place to go long if it gets there this week?
12:55 Shai : only on buy side imbalance
12:56 Ankush Jain : so no longs?
12:56 Shai : (09:06) Shai : buyers back in control only abv 11175 now(09:06) Shai : watch for the sellers and the kind of job they do
12:56 Shai : stay with the pre market view
12:57 Ankush Jain : thanks
12:58 Shai : I do think this is 10800- 11200 for first half of aug though
12:58 Shai : we leave that for now
12:58 Shai : let’s focus on what the sellers are doing
12:59 Shai : 10906 book half and sl to cost – (12:38) Shai : Intra – short NF again 10922- 925 sl of 10962 tgt 10870/ 10840
13:02 Shai : 10926 trailing
13:03 Shai : some 1 shorted late in to 10906, hence we had to come out half
13:06 Shai : kept half exit open iin 10900 pe at 98
13:10 Shai : exit the shorts in NF for now
13:24 Shai : Short NF again 10932 sl of 10955 tgt 10890
13:32 Shai : exit from the NF shorts 10946
13:32 Shai : shorts are not coming in
13:35 Fenil : Shai, Why there is less premium in NF 11k monthend PEs
13:36 Fenil : they should have been roughly 50 points more than current price
13:36 Shai : compared to friday or last week?
13:37 Shai : 10965 sl of shorts now. abv that expect a SC move in NF
13:37 Shai : inability to push below 10930 has surprised
13:37 Nirmal : SC ?
13:37 Fenil : last week
13:38 Fenil : cz they have a very long time to expire
13:38 Fenil : weekly was 150 n that monthend was just more or less double than that
13:42 Rajesh G : shai why dpoc not coming down
13:45 K2dt : some resistance at zeroes
13:48 Naresh Dubbudu : BNF 5 min bar changed from IB to IS to RB
13:53 Jitender : thrusday is rbi policy guys….n expiry also 🙂
13:58 SandeepP : @shai what is SC ?
13:59 Aditya09 : short covering
13:59 Ankush Jain : not Supreme Court though
13:59 Ankush Jain : 🙂
14:03 Shai : 3 IS now
14:03 Ankush Jain : short
14:03 SandeepP : woww
14:03 Shai : changed in last 10 mins- (13:32) Shai : shorts are not coming in
14:04 Anuj : 10889
14:05 Anuj : reversed for 10950
14:05 Shai : 10850 dobale here
14:06 Shai : sl is 10936 now for close
14:06 Seshadri : july VWAP 10886 holds any water
14:06 Ankush Jain : 82950 green is SL?
14:06 Sandesh : @shai, waiting sir
14:08 Nirmal : shai sir 14:00 candle ..max conc is having 49050 why it is IS ..it shud b IB
14:09 Nirmal : 49050 is a buyer
14:13 Shai : look for volume pockets first, the rows
14:13 Seshadri : uttam what is VWAP for july series for bank nifty
14:13 Seshadri : we took support at nifty july vwap of 10886
14:14 Aditya09 : shai where shud we short now
14:15 Nirmal : u means seller in same line with zero buyers shai sir
14:17 Shai : no rows of volumes
14:17 Shai : not one level;
14:18 Shai : has to be a volume cluster
14:18 Shai : explained in the videos – concept is of cluster volume not 1 row
14:18 Nirmal : ok
14:18 Nirmal : great
14:20 Shai : 10900 pe in at 87 sl of 76 tgt 103/ 121
14:22 Shai : 10935 sl for shorts, 10952 is safer though
14:36 Krantik Bordoloi : any SC likely now?
14:37 Krantik Bordoloi : 2 straight IBs in Bnf
14:40 Shai : No
14:40 Shai : prior IS still strong
14:40 Shai : same in NF
14:40 Krantik Bordoloi : ok
14:40 Narendra : sc??
14:40 Sanjiv : short covering
14:43 Tejpreet : 10934.95 was the high…precise levels.
14:43 Shai : give me 10890 test before K is done
14:43 Tejpreet : +1
14:44 Shai : 10896 – 30 secs late
14:44 Shai : went to 10834.9 – (14:06) Shai : sl is 10936 now for close
14:45 Shai : nothing random about what we do here right?
14:45 Jitender : +1
14:45 Tejpreet : never
14:45 Ankush Jain : +1
14:45 Shai : Trading is a science and an art rolled into 1