Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that position in a loss.
Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup.
NF
BNF
Room Chat
08:50 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/468871301
08:51 Vtrender Live : 5 min BNF charts additional – https://zoom.us/j/8647754956?pwd=RjFYSXJFcDNwdm1OZ29FVERzdEVOZz09
08:52 Vtrender Live : 5 min NF charts additional- https://join.me/229-207-467
08:54 Rajan Modi : Gm all!
08:55 Rusi : Gm all
08:57 Chandrashekhar : GM all
09:00 Shai : GM all
09:01 Shai : Friday the NFauctioned higher with an extension handle at 14290 and clsoed at the highs
09:01 Shai : 14290 ref line for the swing now
09:01 Shai : 14250 is second supp
09:02 Shai : 14410 to watch at open today
09:02 Shai : Any open abv 14410 will be bullish again
09:02 Shai : BNF 32030 continues to be the suipport for the break away from composite and should hold
09:03 Shai : 32515 to watch on upsides
09:05 Uttam : Good Morning All 🙂
09:06 Uttam : https://vtrender.com/weekly-charts-04th-to-07th-january-2021-and-market-profile-analysis/
09:06 Ankush Jain : morning all
09:06 Uttam : https://vtrender.com/market-profile-analysis-dated-08th-january-2021/
09:07 Raveendra : gm all
09:10 Sumit : Gm all
09:11 KK : really hate these gap up and then OAOR..feel like taking the sell option overnight the previous day would have worked best..but no conviction yet on doing that atleast 2 of the days in a week.
09:11 KK : gm all
09:11 Sanjib : All eyes on FINNIFTY oday
09:11 Sanjib : *today
09:11 Ankush Jain : The only constant things in life is NIFTY GAP UP
09:12 Ankush Jain : 🙂
09:12 Surya : GM all
09:13 K2dt : finnifty up 17 lac percent %..acc to zerodha 🙂
09:14 Tejpreet : GM All.
09:14 Augustin : GM all
09:15 Kailash : GM All
09:16 K2dt : banks again snoozing
09:16 Shai : 14370 to watch
09:17 KK : BNF held 30030
09:18 Ankush Jain : Vix up 5%
09:19 Uttam : BNF no vols above 32250 Shai?
09:23 KK : HDFCbk
09:24 KK : 14556 ?
09:27 Subhadeep : What open should NF be considered? with >60 already, I supose not an OAOR? Also volume looks heavy to my newbi eyes … Open Rejection is it?
09:27 Ankush Jain : Vix flying
09:29 Shai : 14485 doable now on this green band
09:29 KK : BNF will surprise on upside, UG ?
09:30 Uttam : needs some more vols BNF
09:30 Uttam : NF vols better than average
09:30 Uttam : needs to sustain above 32220
09:31 Harish : chart working?
09:31 Chandrashekhar : looks lagging
09:31 Shai : first burst of greens at 14442
09:33 Shai : charts are fine
09:33 Shai : no lag detected
09:33 Shai : vol is heavy in NF esp
09:34 Shai : No chasing longs till we clear 14485 now in IB
09:37 Uttam : 32220 is the yPOC & 32166 is the weekly POC right now stuck between them
09:38 Uttam : 32240 has RS in BNF now
09:38 Uttam : 32150 is the IB of morning
09:38 Uttam : needs to take out one of them for next move
09:42 Shai : https://mplite.vtrender.com/?symbol=O_NIFTY14400CE20210114&tf=daily&tpo=0.5&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
09:42 Shai : new drive in 14400 ce , mostly 88 should hold on day
09:43 Shai : 155/ 166 upper estimates
09:43 Shai : we get a good dip to vwap, we can buy into it
09:44 KK : VIX high..will premium go off, if it reduces
09:45 KK : HDFC Bk on possible trend day on that open drive ?
09:47 Uttam : stuck red in BNF at 32156
09:48 Ankush Jain : Mplite chrts not updating?
09:48 Ankush Jain : they stuck at 9:17
09:49 Kailash : yes
09:49 Uttam : refresh the page once
09:49 Chandrashekhar : i have options chart open…its working as usual
09:49 Shai : working fine
09:49 Shai : refresh
09:50 KK : Shai, dip done ?
09:50 Ankush Jain : refreshed 3-4 times, not working still
09:51 Shai : yes mostly
09:51 Shai : 14444-14485 range now
09:52 KK : lets cross that 240 in bnf
09:52 Shai : Buy 14400 ce at 125-126 sl of 114 tgt 155
09:52 JayG : any vix level to watch shai?
09:53 Shai : vix 22.3 and 22.9
09:53 Ankush Jain : vix shoots up like this in falling markets
09:53 Ankush Jain : fear on upside?
09:53 K2dt : cant diget the rise it seems 🙂
09:53 Shai : No vix shoukld now continue up
09:54 Shai : not expecting vix below 20 in Jan
09:54 Shai : may not shoot very high, but won’t move lower
09:54 Shai : watch if you are into delta neutral strategies
09:55 JayG : ok thnx shai
09:55 Jitender : budget buildups will reflect in vix
09:55 Shai : 14486
09:56 K2dt : boom boom chief nf
09:56 Ankush Jain : 141 in that ce
09:56 Uttam : BNF doing 80% Rule in previous Value
09:56 Shai : 140 book half- (09:52) Shai : Buy 14400 ce at 125-126 sl of 114 tgt 155
09:56 Uttam : +1
09:56 Jitender : +1
09:56 Ankush Jain : TSL?
09:56 Uttam : cost
09:57 KK : +1
09:58 Chandrashekhar : room charts looks lagging Shai, additional charts are working fine
09:59 Uttam : refresh once C gets fine
09:59 Chandrashekhar : Thanks Uttam, working fine now
09:59 Uttam : 🙂 +1
10:00 KK : bnf has no support except hdfc bk.so..great first session.back to 10 45 action..
10:01 Uttam : (09:37) Uttam : 32220 is the yPOC & 32166 is the weekly POC right now stuck between them(09:38) Uttam : 32150 is the IB of morning(09:47) Uttam : stuck red in BNF at 32156
10:01 Uttam : 32156 red gives 32222
10:01 K2dt : chief little bit zoom in joinme pl
10:01 Uttam : ping pong on in BNF
10:01 K2dt : perfect..tx chief
10:03 K2dt : Wc back Jit
10:03 Tejaswini : That RS in BNF holding for now
10:06 Viswas : charts stuck?
10:06 Ankush Jain : room chrts?
10:07 Chandrashekhar : yes…others working fine
10:08 K2dt : vwap test?
10:08 Anand : exit trade at 126 ?
10:08 Anand : Shai ji?
10:08 Anand : _/\_
10:09 Shai : exit the bal qty in CE
10:09 Tejaswini : BNF to test the lows?
10:10 Uttam : BNF getting ready for a C side down?
10:10 Shai : Vix MP chart- https://mplite.vtrender.com/?symbol=INDIAVIX_SPT&tf=daily&tpo=0.1&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
10:11 Ankush Jain : Shai any plans to incorporate FINNIFTY in the system?
10:11 K2dt : chief open auction now?
10:16 Milind : BNF 32500 pe 551 to 635
10:18 Viswas : can take short in bnf below 32030?
10:18 Uttam : Done – (10:10) Uttam : BNF getting ready for a C side down?
10:18 Uttam : 3150 green in BNF
10:19 Chandrashekhar : 3230 greens in BNF
10:19 Uttam : 31920 vpoc
10:19 Chandrashekhar : huge greens
10:19 Shai : Short NF 14430 sl of 14452 tgt 14370
10:20 Shai : is quick paced from open
10:20 Shai : try to keep up
10:21 Uttam : done – (10:19) Uttam : 31920 vpoc
10:24 Tejaswini : Shai SL on NF shorts?
10:24 Uttam : 14452
10:25 Tejaswini : and how does BNF look?
10:27 Shai : 31897 supp below 32030
10:27 Shai : that break of 32030 supp triggered the o’s\
10:29 Chandrashekhar : C extn in NF as well
10:29 Shai : 14403 book half- (10:19) Shai : Short NF 14430 sl of 14452 tgt 14370
10:29 Shai : 14431 TSL now
10:29 Shai : You never stay long when vwap breaks 🙂
10:29 Rusi : buy side 0s in BN
10:29 Shai : That”s why #MarketProfile always
10:30 K2dt : +1000
10:31 Shai : we got a long and a short done and are safe in a volatile first hour with a climbing Vix!
10:31 Shai : the rest are wondering what’s happening !!
10:31 K2dt : yes chief all thnx to VT
10:31 Sumeet : 🙂
10:31 Sumeet : a year ago would never have imagined trading this this way. seeing it and understanding it perfectly. Thanks, Shai, UG, room…
10:32 Shai : Cit the balance short at TSL here
10:32 Shai : cut*
10:32 K2dt : chief whats ur typing sped :))) 100 wpm!
10:32 Shai : _/|_ (10:31) Sumeet : a year ago would never have imagined trading this this way. seeing it and understanding it perfectly. Thanks, Shai, UG, room…
10:33 Uttam : +1000 _/\_ – (10:31) Sumeet : a year ago would never have imagined trading this this way. seeing it and understanding it perfectly. Thanks, Shai, UG, room…
10:33 Sumeet : Almost a year since the Mumbai seminar, shai
10:33 Tejaswini : C side done. Now back to vwap?
10:33 Uttam : 19th Jan 2020
10:34 Sumeet : yep !
10:34 Shai : +1- (10:33) Sumeet : Almost a year since the Mumbai seminar, shai
10:35 Shai : Greens not safe till 14448 is crossed again
10:42 Uttam : NF probable FA at lows
10:42 Uttam : C side gives VWAP in it
10:42 Uttam : whereas BNF has left an extension handle in C period
10:52 Shai : 32030- 55 has IBL and o’s
10:53 Shai : eventually we will – (10:11) Ankush Jain: Shai any plans to incorporate FINNIFTY in the system?
10:53 Shai : Let them incentivise us first through free brokerages and waive offs
10:53 Shai : 🙂
10:54 Tejaswini : BNF in buying tail of 4th Jan still
10:55 Shai : My limited point is this- Get good at whatever is working for you and making money for you. The exchange has to do these stunts to drive their business along . For us traders, the color of money coming to our account will remain the same
10:55 Sanjiv : +1
10:55 K2dt : greens :)))
10:55 Tejaswini : (10:54) Tejaswini : BNF in buying tail of 4th Jan still. Sorry a full 1k points away
10:56 Shai : NF happy to stay at vwap and cool off after the sprint 2 ways from open
10:56 Tejaswini : +1
10:56 Rajashekhar : https://mplite.vtrender.com/?symbol=O_NIFTY14400CE20210114&tf=daily&tpo=0.5&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
10:57 Chandrashekhar : shai that big green in BNF @ 31990..is that a mixed order?
10:57 Viswas : nse waiving off 6 month transaction charges, where zerodha giving 1 month off on brokerage
10:57 Rajashekhar : Sorry by mistake.Zerodha just anounced free brokerage
11:08 Uttam : 14400ce from 121-129 50% booked
11:08 Uttam : rest SL to 119
11:09 Ankush Jain : today quite a bit of lag in mplite
11:09 K2dt : yes A
11:11 Uttam : (10:42) Uttam : NF probable FA at lows(10:42) Uttam : C side gives VWAP in it
11:17 Ankush Jain : some brave fightback by India downunder
11:19 Jitender : yes only if rahane or pant cud hv batted thru 2 more sessions…we wud hv been home
11:19 Favas : jit ur ref?
11:19 Jitender : next 2 wickets r key
11:19 Favas : bnf
11:19 Aditya09 : wish jadeja not was der
11:19 Jitender : 32150-31990
11:20 Jitender : below will see liquidation
11:20 Favas : tnx
11:20 Jitender : 32030 also has a sellr
11:20 Favas : yeah
11:21 Favas : but down side vol drying up
11:21 Favas : nifty divergnce
11:21 Jitender : bnf nt shwn strength..but hdfcbnk is the key fr it..as of now
11:22 Ankush Jain : finnifty taking some limelight away from BN?
11:23 Jitender : will…we will know EOW
11:23 Jitender : esp thrusday wud be field day in it n bnf fr arb algo’s
11:23 KK : green band in bnf coming and going..chahte kya ho
11:24 KK : back to balance ?
11:26 Ankush Jain : MPlite showing E making RE lower
11:35 K2dt : wat is eow Jit?
11:35 Arjun : end of week ?
11:35 K2dt : oh yes..that shud be it 🙂
11:43 Jitender : ys end of week
11:43 Sumeet : couple of reds in bnf
11:44 Jitender : see why is weekly fut introduced..tey wud only serve to increase rollover charges fr the exchange :))
11:44 K2dt : :))
11:44 Jitender : some bookn by him (11:20) Jitender : 32030 also has a sellr
11:46 KK : lets cross that 32055 to do sme easy trade..
11:46 Chandrashekhar : both halting near the white dotted lines
11:47 Shai : https://vtrender.slack.com/archives/C0F2VRTPW/p1610345894374700
11:47 Shai : The Orderflow of the new Finnifty
11:47 Ankush Jain : 🙂
11:47 Sumeet : string of pearls
11:49 Chandrashekhar : 370 possible in NF below 410 Shai?
11:50 Shai : yes
11:50 K2dt : aryabhatta smiling seeing the OF of finnifty 🙂
11:50 Chandrashekhar : +1
11:51 Ankush Jain : 🙂
11:51 Ankush Jain : shuruaat shunya se
11:51 K2dt : 😀
12:02 Viswas : any news?
12:02 Jitender : 145 up frm tere (11:44) Jitender : some bookn by him (11:20) Jitender : 32030 also has a sellr
12:02 KK : so, now above 320505
12:02 KK : 32055*
12:03 Rajiv Ohri : +100 JIT
12:04 Tejaswini : those 1k greens in BNF right at IBL
12:06 Arjun : isnt it short covering. like 929 red get struck at 31931 getting out?
12:07 KK : bnf to neux
12:07 KK : ?
12:10 Tejaswini : 80% rule in BNF?
12:12 Jitender : watch 32150…
12:12 Jitender : else can rotate dwn
12:12 Ankush Jain : India pulling off a Houdini act
12:18 KK : icici has a job to do today, lets see
12:24 Jitender : bck to vwap (12:12) Jitender : watch 32150…(12:12) Jitender : else can rotate dwn
12:24 Jitender : bnf has been gentle today 🙂
12:25 Tejaswini : +1
12:25 Shai : +1
12:25 Jitender : _/\_
12:27 Ankush Jain : RIL again looking weak
12:29 Favas : +1jit always
12:29 Jitender : tx F
12:31 Jitender : tx bud (12:03) Rajiv Ohri : +100 JIT
12:34 KK : ow lets go
12:39 Ankush Jain : India denies victory to Australia
12:43 Ravi : best outcome..chasing 400 ..have never seen india succesfully do this
12:43 Ravi : even with the wall in the team
12:43 Jitender : yup
12:46 Chandrashekhar : H here…
12:51 Tejaswini : 0’s at vwap in BNF
12:52 Chandrashekhar : and reds below the bar
12:52 Arjun : but havent reds come a bit late?
12:57 Tejaswini : reds caught in BNF?
13:00 Shai : Could have claimed also- (12:39) Ankush Jain: India denies victory to Australia
13:01 Shai : Another pant innings was needed
13:01 Ankush Jain : yups, if Pant had stayed on a bit longer
13:01 Ankush Jain : But well played India
13:01 Shai : Pant 130 balls 97 runs and Vihari 160 balls for 23
13:01 Shai : difference was just the mindset
13:01 Ankush Jain : He was injured and did’nt run
13:02 Shai : okay
13:02 Shai : too many guys are getting injured in aus-
13:03 Ankush Jain : yeah. Wonder how will they put up 11 in next
13:03 Shai : 🙂
13:03 Shai : NF looks very flat now with that vwap and dpoc clsoe
13:03 Shai : there is no directional trade here
13:04 Shai : wait mode or scalp quick
13:28 Vidhyasagar Lingesan : IB after IB and green band… time for buy?
13:31 Jitender : ys…with tite sl..cn
13:33 Chandrashekhar : 14500 CE buy above 75-76 shai?
13:36 Jitender : move Sl to cost+brok (13:31) Jitender : ys…with tite sl..cn
13:37 Chandrashekhar : that 1K greens on top in bNF
13:37 Jitender : yh…came at 155…n can be trapped
13:37 Jitender : but if it is cleared will make shrts run
13:38 Chandrashekhar : +1 Jit
13:38 Shai : Buy 14400 ce at 130- 131 sl of 116 tgt 158
13:38 Vidhyasagar Lingesan : Clearing now 😛
13:39 K2dt : test
13:40 Jitender : pass with distinction
13:40 K2dt : lool Jit
13:50 Vidhyasagar Lingesan : BNF unable to breach VPOC
13:51 Jitender : booked 1/3rd (13:36) Jitender : move Sl to cost+brok (13:31) Jitender : ys…with tite sl..cn
13:52 Jitender : n all out…
13:52 Jitender : timing 🙂
13:53 Shai : sl taken- (13:38) Shai : Buy 14400 ce at 130- 131 sl of 116 tgt 158
13:54 Shai : 🙁
13:54 Shai : can hold 112 and go back to cost
13:55 Jitender : tey distributed abv IBL..bnf..gppd greens were gettn caught
13:55 Jitender : good
13:59 Shai : BNF is a b
13:59 Shai : NF well balanced
13:59 Shai : chances of a move out now have reduced
14:00 Tejaswini : global markets are cracking
14:01 K2dt : but nf says saanu ki :))
14:08 Uttam : What a super display by Team India and if not for Pant’s dismisaal & later Pujara, they wouldh ave definitely gone for the win in the last session – (13:00) Shai : Could have claimed also- (12:39) Ankush Jain: India denies victory to Australia
14:09 Ravi : and a wonderful display by Tim Paine for India 😀
14:10 Shai : BNF all that late long cracked
14:10 Shai : hunting styops
14:10 Tejaswini : NF can give an FA @Shai?
14:11 Shai : 14485 cross needed again
14:11 Shai : was expecting it to go abv in that last move through that ce
14:11 Shai : but it came undone
14:21 Tejaswini : @Shai lows safe in BNF?
14:22 K2dt : nf forming ppoc UG
14:23 Shai : lows not secure BNF
14:24 Uttam : yes 14454 prominent POC in NF
14:24 Uttam : K period is here
14:26 Anuj null : RELIANCE below 1900
14:26 Chandrashekhar : looks like K would be silent today as well
14:28 Uttam : NF to confirm the FA?
14:29 Tejaswini : @Shai 14485 crossed. good for an FA?
14:30 KK : rIL mudi gayo
14:31 Uttam : BNF also getting some greens
14:32 Augustin : BNF needs to move above 32180?
14:36 KK : same trade on 400 CE ?
14:51 Chandrashekhar : 1294 reds for NF
14:51 Sanjib : FA confirmed?
14:52 KK : are we on for 556 or done here ?
14:53 Harish : any trailing sl if holding with sl 112
14:54 Shai : can book the CE
14:54 Shai : or 119 TSL
14:54 Shai : but profit booking is here intra players
14:55 Ankush Jain : 1535 reds is profit booking?
14:55 Shai : has end of auction and pink bands- (14:29) Tejaswini : @Shai 14485 crossed. good for an FA?
14:56 Rajiv Ohri : last hour sell off coming?
14:59 Chandrashekhar : Shai positional view for NF please…
14:59 Chandrashekhar : can we carry overnight PE’s?
15:02 Ravi : whats happened sugegsting a PE carry?
15:05 KK : spike ?
15:06 Shai : PE trade not recomemmended here
15:06 Shai : NF near 2nd obj of 14556
15:06 Shai : but PE comes itno play onbly below 14460 F tom
15:07 Rajiv Ohri : Shai if we get 14460 F today can we carry PE
15:10 Shai : No
15:11 Shai : trade is recomended for tom auction
15:11 Shai : It’s buyers and buyers booking
15:11 Shai : sellers have to confirm below a sell below level
15:11 Shai : else all gagressive here
15:11 Shai : Aggressive*
15:12 Rajiv Ohri : Thanks
15:13 Tejaswini : @Shai could you share your view on BNF as well?
15:15 Augustin : @Shai if BNF closes below PDL, can carry BN PE’s?
15:15 Vidhyasagar Lingesan : BNF in the zone where u have PWL, PDL, IBL and Vwap..
15:17 Shai : yes BNF is a b so new position below pdl only- (15:15) Augustin : @Shai if BNF closes below PDL, can carry BN PE’s?
15:17 Augustin : Sure. Tks Shai
15:17 Shai : BNf swing view is LL has happened today. So longs closed- (15:13) Tejaswini : @Shai could you share your view on BNF as well?
15:18 Shai : next set of longs only when we close abv 32250 F
15:18 Tejaswini : thanks Shai
15:18 Shai : or has to work the stem of b immediately tom
15:19 Shai : so eithe ways abv vah of today can take intra longs
15:19 Uttam : today no vols above 32270 in BNF Shai?
15:20 Shai : cash basket sell
15:20 Uttam : can take it as a bell?
15:20 Uttam : oh ok +1
15:22 Uttam : 30min NF chart gone above terrace 😉
15:22 Tejaswini : New index heavy weights ae up while others are struggling
15:22 Uttam : probable weekly FA in NF at top today but we need more confirmation
15:23 Rajesh G : shai cash basket sell means
15:24 Shai : stocks sold
15:25 Uttam : thanks Shai for the 30min adjustment
15:29 Shai : 14460- 510 in play tom
15:29 Shai : if we get a gap up the squeeze wiill intensify
15:29 Shai : else bears get a chance below 460 only
15:29 Shai : Have a good evening everyone
15:29 Shai : catch up tom
15:29 Uttam : thanks All 🙂 have a lovely evening