Order Flow charts dated 07th October 2020

When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.

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 3 Order Flow Charts Dated 07Th October 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 3 Order Flow Charts Dated 07Th October 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

08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/334084645
08:59 Vtrender Live : 5 min NF charts – https://meeting.zoho.in/meeting/join?key=1315823705
09:00 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647754788?pwd=MXN6azg0OGFwQVhFMTlvY0c5U2ZJZz09
09:01 Uttam : Good Morning All 🙂
09:01 Vishnu : gm all
09:02 Raveendra : gm all
09:02 Shai : GM all
09:03 Arcchit Agarwal : GM All
09:03 Shai : 11626 from yesterday is the ref line for the open today
09:03 Shai : Auction stay bullish abv it
09:03 Shai : watch for intra day supply neat 11700 and 11727
09:03 Shai : weakness only if 11590 breaks
09:04 KK : was it a spike ?
09:04 Chandrashekhar : GM all
09:04 Shai : 22650 now a stroing supp in BNF
09:04 KK : GM all
09:05 Shai : watch for an ability to stay abv 22975 which is prev vpocs
09:09 Naren : GM Shai, All.
09:10 Muralidhar : GM All
09:11 Rajesh G : zoho link shai
09:12 Uttam : given above R
09:12 Rajesh G : got it
09:15 Muralidhar : @UG Spike Range is 11593-11683?
09:16 Uttam : mentioned in the report
09:26 Shai : Open in spike
09:26 Shai : can test 11626/ 11606
09:26 Shai : review needed if 11688 is crossed
09:29 Muralidhar : As of now we alo have O=H
09:36 Muralidhar : @UG with NF opening just 1 tick below yesterday’s High, can we say that Highs are Not Secure?
09:40 Chandrashekhar : room charts stuck?
09:40 Prashant : yes
09:42 Himanshu : bk
09:43 Muralidhar : @Shai is the Open OTD or ORR
09:43 Sanjib : RIL marching ahead
09:46 Shai : does not have drive vols
09:46 Shai : 11726 to watch
09:46 Muralidhar : Thanks
09:47 Shai : early shorts stopped at 11688
09:48 Shai : RIL
09:48 Vyom : ya
09:48 Ankush Jain : marching ahead
09:48 Vyom : what are level to watch Shai in reliance
09:50 Shai : 2307-2316
09:50 Uttam : BNF needs to taske out 22800
09:51 Shai : has to clsoe abv it for new momentum
09:51 Vyom : ok Shai thanks
09:51 Uttam : boom boom BNF
09:51 Vyom : 0s
09:51 Shai : o’s everywhere
09:52 Uttam : 22700ce 222-357
09:52 Uttam : BNF tsted ypoc and blasting
09:52 Shai : +1
09:52 Uttam : holding 50%
09:53 Uttam : IB came at vwap in BNF
09:55 Vyom : Uttam next levels in bnf?
09:55 Uttam : (09:02) Uttam : a) BNF needs to sustain above 22945 for a rise to 22992* / 23078-150* / 23230-315 / 23371-415 & 23494-530
09:58 Vishnu : 2 dt
09:58 Prateeek : congrats V
09:58 Chandrashekhar : congrats Vishnu
09:58 Vishnu : tnx all
10:00 Sandesh : 23.5 oct 15 315-444
10:02 Devkant : ROOM charts stuck?
10:02 Chandrashekhar : yes
10:02 Prateeek : charts stuck
10:02 Chandrashekhar : zoho working
10:02 Uttam : awesome Baba +100
10:03 Vishnu : san +1
10:04 Sandesh : _/\__/\_
10:05 Favas : ug bnf stoploss for longs?
10:05 Vyom : Uttam what shud be stop for bnf longs
10:05 Vyom : 0s in what levels?
10:05 Uttam : PDH
10:05 Uttam : needs to stay abv it
10:05 Vyom : ok
10:06 Vyom : so around 22900
10:06 Uttam : 22875 better
10:06 Vyom : thanks
10:07 Uttam : gave 0s there – (09:50) Uttam : BNF needs to taske out 22800
10:10 Himanshu : room charts struck
10:11 Manik : 8th day of NF OTF up
10:16 Shai : still a big fight on – (09:46) Shai : 11726 to watch
10:17 Shai : zero down to 11700 ce abv 74, sl of 56, can be a parabola if crossed
10:19 Uttam : all out at 355 in that 22700ce – trailing SL hit – one nice trade
10:20 Sandesh : 22 oct 12K Ce 34-52 done!
10:22 Rajiv Ohri : room charts?
10:24 Uttam : boom boom
10:24 Shai : buy 11700 ce
10:25 Uttam : tgts Shai 94 / 114 / 150?
10:25 Shai : tgt 104/ 118 sl of 57
10:26 Uttam : thanks Shai
10:28 Shai : Market is even thinner abv 11751
10:28 Shai : could be fast pacy moves
10:37 Rajesh G : test
10:43 Shai : come out of the CE at 73- 74 here . we will buy it on a dip
10:52 Shai : manage risk well now
10:52 Shai : this can go off anywhere
10:52 Shai : looking very unstable
10:53 Rajiv Ohri : Shai even a sharp dip may come?
10:54 Devkant : C extension failure ?
10:54 Shai : looke dlike it would go up, but I was wrong hence pulled out\
10:54 Ankush Jain : +1
10:55 Shai : vwap supp
10:57 Rohit : Shai, as mentioned by others, Zoom screen quality is much better than Zoho (even after unchecking conserve bandwidth in Zoho)
10:57 Rohit : Zoho shows compression degradation and keeps flickering
10:57 Rohit : At 100% Original Size View, Zoom is sharp, with minor degradation in ‘fit to window’ view
10:59 Rohit : Wednesday noon inventory adjustment reminder
10:59 Uttam : dPOC in BNF shifted near 23k Shai?
11:03 Uttam : C side gives vwap yet again in NF
11:03 Uttam : similar to yesterday
11:03 Ravi : looks like a probable FA on VWAP breach?
11:07 Aditya09 : shai high unsecured?
11:09 Ravi : +1 Uttam looks like yesterdays
11:12 Rajiv Ohri : Shai a trip to 690 is pending?
11:24 Uttam : NF taking support at morning IB level, lets see if it can get back to 11740+
11:25 Ankit Shah : taking vwap support
11:33 Chandrashekhar : can we take 690 as PBL ?
11:34 Uttam : 11700ce from 57-64 on this – (11:24) Uttam : NF taking support at morning IB level, lets see if it can get back to 11740+
11:40 Ankush Jain : Shai can we do something about ZOHO charts
11:41 Ankush Jain : they are very smudgy
11:41 Shai : will get that done \
11:42 Shai : stay with it for 1 more session today- we will have a solution
11:47 Shai : 11688 supp for rest of the session
11:47 Uttam : +1
11:47 Shai : bias stays uip cos of the A singles
11:47 Shai : extension to watch if we make an attempt again
11:54 Rajiv Ohri : charts stuck?
11:59 Chandrashekhar : both charts stuck
12:00 Shai : charts look fine
12:02 Ankush Jain : yes they r good
12:03 Rajiv Ohri : now they are
12:03 Rajiv Ohri : thanks
12:07 Sanjib : charts stuck
12:08 Shai : okay. There seems to be some issues
12:08 Shai : I’ll do a restart
12:09 Shai : Anyone using zoho can confirm is there is a difference now?
12:10 Gopi : blank now
12:10 Ankush Jain : its blank screen now
12:10 Gopi : got
12:10 Shai : zoom fine?
12:11 Ankush Jain : ZOHO up but still smudgy
12:11 Amit Jain : yes
12:14 Uttam : to the dot – (11:24) Uttam : NF taking support at morning IB level, lets see if it can get back to 11740+
12:18 Uttam : refreshed zoho and was clear for a few seconds before getting back to rough & tough look
12:19 Ankush Jain : rough & tough 🙂
12:25 Uttam : ‘p’ ho gaya now what next
12:26 Uttam : BNF also coming near the dPOC of 23k
12:26 Chandrashekhar : H mein higher high Uttam?
12:27 Uttam : G still has 15 mins 😉
12:28 Shai : https://join.me/968-765-861
12:29 Shai : Please use that link if charts of NF are smudged
12:29 Ankush Jain : join me is crisp
12:29 Uttam : thanks Shai
12:30 Uttam : 11740 finally
12:30 Uttam : @Chandra giving new high in G only?
12:31 Arcchit Agarwal : Much better.. Thank you
12:31 Chandrashekhar : so H will have more to come?
12:34 K2dt : join me is back 🙂
12:40 Uttam : 4 more mins for new highs?
12:40 Uttam : can G do it
12:40 Chandrashekhar : looks like H will only do it:)
12:41 Uttam : H seems absent today 😉
12:41 Amit Jain : then U > G
12:41 Uttam : or gone to LIC office to pay premiums
12:41 Uttam : lol A
12:42 Uttam : je baat
12:42 Amit Jain : boom boom
12:42 Uttam : G ki jai
12:43 Uttam : 74k red at new highs
12:43 Sandesh : BNF , ab rukneka nahi!
12:43 Uttam : BNF 23150 next stop
12:44 Uttam : if gets above IBH
12:47 Uttam : 11700ce did not make new hgihs still
12:47 Uttam : lets do it
12:47 Chandrashekhar : +1 Uttam
12:48 Uttam : BNF also getting rwady
12:54 Rajiv Ohri : reliance ready too
12:59 Chandrashekhar : end of auction here Shai?? BNF??
13:00 Favas : both side zeros bnf?
13:01 Uttam : 50k red also
13:01 Uttam : just like the big red at top in NF
13:01 Himanshu : Chief – UG o end of Auction ?
13:02 Uttam : looks like but let this bar get over
13:04 Himanshu : Confirm ?
13:04 Favas : so ug ref poc of that bar?
13:05 Rahul : poor new highs
13:05 Rahul : i means bulls
13:07 Uttam : 23000pe from 235-258 quick trade on that 0s at top
13:09 Uttam : 270-280 imp zone in that 23k PE
13:11 Favas : +1
13:11 Favas : now rise towards 23k short?
13:13 Muralidhar : @UG NF coming into IBH twice…. so 80% applies?
13:17 Uttam : forming ‘p’ shape profile today M so far so rotating between devloping value
13:19 Muralidhar : Okay
13:20 Sanjib : charts stuck
13:20 Uttam : room charts stuck
13:20 Uttam : zoom & joineme fine
13:21 Uttam : room chaets back
13:21 Uttam : charts*
13:22 Shai : Buy 11700 ce at 70- 71 sl of 60 tgt 90/ 95
13:38 Nitin Mahajan : there is major selling in 23k bn calls around 180-200
13:38 Nitin Mahajan : 8 oct
13:38 Nitin Mahajan : above 200 sustaining it would rocket up
13:44 Ankush Jain : J is here
13:45 Muralidhar : @Ankush Any significance of J?
13:49 Chandrashekhar : greens @ top for BNF
13:49 Chandrashekhar : stuck there?
13:51 Ankush Jain : Nifty chalo bhai
13:52 Amit Jain : waiting for bahan nifty 😉
13:56 Ankush Jain : 🙂
13:56 Shai : Make exit at cost on this- (13:22) Shai : Buy 11700 ce at 70- 71 sl of 60 tgt 90/ 95
13:56 Shai : proper P in the making
13:59 Nitin Mahajan : 23k call 128 now
14:00 Ankush Jain : +1 for exit Shai
14:00 K2dt : 188-231 22900pe
14:00 K2dt : done for the day
14:05 Himanshu : Kush
14:05 Himanshu : Cong
14:06 K2dt : thnx H
14:08 K2dt : looks like LIC here
14:09 Chandrashekhar : time for K?
14:10 K2dt : okay now rescue that 23020 guy
14:11 K2dt : he stuck
14:13 Shai : NF a proper P
14:13 K2dt : any chance of breaking the shackles chief?
14:13 Shai : Any upmove here watch abv 11760 sl of 11726 tgt can be 11810
14:15 Shai : 11759
14:16 Shai : Avoid the long
14:16 Sandesh : sir, bnf?
14:16 Shai : 11749 sl if you got in
14:17 Shai : looks shaky thiugh
14:18 Shai : BNF abv 23080 only
14:18 Sandesh : _/\_
14:18 Sumeet : That 121650 guy spoiled the party
14:18 K2dt : bugger 🙁
14:18 Uttam : he must be booking profits
14:21 K2dt : UG icici,kotak ko dhakka do
14:21 K2dt : dono chilling 🙁
14:28 Uttam : 11769.9 high so far – a) NF needs to sustain above 11680 for a rise to 11696-720 / 11742-769 & 11786-807 & 11829
14:40 K2dt : bnf won’t sustain above new highs until UG says those magical words looks like
14:40 K2dt : 🙂
14:44 Muralidhar : @UG the profile will be a Balanced Profile now?
14:44 Muralidhar : NF
14:50 Uttam : going for dPOC close looks like
14:50 Jyoti : @shai , is there a scene of crime in RIL ?
14:51 Uttam : 11750pe from 50-59
14:54 Ankush Jain : RIL not sustaining its highs
14:54 Uttam : setting up for a nice expiry tom 🙂
14:54 Ankush Jain : kal kaun see dukaan lagegi?
14:54 Uttam : ‘p’ profile in both
14:58 Rajiv Ohri : 11700 close
14:58 Uttam : dPOC / IBH & vwap around 11740 so close could be here
14:58 Uttam : vwap a bit lower now but by close could get aligned to this
15:03 Vyom : Uttam hows does this set up expiry?
15:04 Vyom : p profile means shorts covered. so what can we expect next
15:07 Vyom : Shai your precious views also
15:08 K2dt : chief pl keep join me for a few days
15:08 K2dt : i think in effort of saving bandwidth zoho tries to lower the resolution
15:17 K2dt : no gap pl tomorrow
15:17 Uttam : 23109 nice high in BNF 🙂
15:17 MJ : UG 🙂
15:18 Uttam : OI dropping in options
15:18 MJ : That line has tempted me to take something. Controlling the urge.
15:19 Uttam : need more confrimation MJ for any trade, lets see how it goes tom
15:19 Uttam : 11750 ce & pe both at 47
15:20 MJ : Almost like last week setup 🙂 TP wala ticket.
15:20 MJ : 90 ke under tha last week.
15:20 Uttam : that day we were forming a balance over 3 days
15:20 Uttam : this time we are in am imbalance mode
15:20 MJ : yes that was more important context.
15:21 MJ : We might just go to balance and that ticket can be busted.
15:21 Uttam : so if NF decides to form a balance tom this combo could keep falling
15:21 MJ : Fresh mind tomorrow.
15:21 Uttam : October series has been all buyers till now
15:21 Vishnu : endind with 3 dt nearly.
15:21 Uttam : right from the FA and RO point of 10830
15:21 Sandesh : congrats vishnu
15:21 Uttam : almost 1000 points up
15:22 Vishnu : +1 sanand u must be with 10 L
15:22 Vishnu : tnx all
15:23 MJ : 31st Profile in my homework to do.
15:23 MJ : 31st aug.
15:23 Uttam : 23k ce/pe both at 170-180
15:23 Uttam : so a combo of 350 in that
15:24 Uttam : yet zagain close in imbalance in both
15:24 Uttam : higher Value
15:24 Uttam : close above VAH
15:25 Uttam : BNF did a nice balance in the previous composite of 22860-22992-23100 tday
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Uttam : and lets have a super expiry tom
15:29 Himanshu : Bye
15:29 Naren : Great finish to the day Uttam.
15:29 Aditya09 : bye all
15:30 Naren : Bye All. Have a great evening.