Order Flow charts dated 14th Jan 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 9 Order Flow Charts Dated 14Th Jan 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 9 Order Flow Charts Dated 14Th Jan 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

09:05 Vtrender Live : (09:04) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/444427173

09:37 Shai : (09:37) Shai : Intra- Buy 12300 pe abv 45 sl of 35 tgt 62/ 72. Buy abv*

10:07 Shai : (10:07) Shai : we will do a session on COT today at 08.30 pm. Do login

10:17 Shai : (10:17) Shai : Make exits in the PE at 40 cmp. We will buy tghat PE later

12:05 Shai : (12:05) Shai : Intra – Buy BNF 32126 sl of 32040 tgt 32240

12:18 Shai : (12:18) Shai : Book out if in BNF- 32180- 184


09:04 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/444427173
09:07 Shai : GM all
09:07 Shai : https://vtrender.com/market-profile-analysis-dated-13th-jan-2020/
09:07 Uttam : Good Morning All 🙂
09:08 Shai : ref line at 12399 on any higher probes today
09:08 Sanjib : Good Morning All!
09:08 Shai : watch 12355 for supports
09:08 Shai : bears come heavily if 12355 is broken
09:10 Indarpal : good morning
09:10 Tejpreet : GM All.
09:10 Amit : GM all
09:11 Dipak : GM all
09:13 Ketan : good morn room !
09:14 Shai : 12300 pe tgt 72
09:15 Manoj : Shai
09:15 Manoj : what do you mean by ref line 12399 on any higher probes today ?
09:16 Vishnu : any sl shai for that pe
09:16 Uttam : both NF & BNF start with an OH right at hypo2
09:16 Uttam : looks like a drive away from the proiminent POC in both
09:17 Shai : ref lines are to watch the Orderflow closely
09:17 Chandrashekhar : GM all
09:18 Vijay : Shai SL for 12300pe?
09:18 Shai : 35
09:18 Vijay : +1
09:21 Shai : BNF struggling
09:26 Uttam : 21k geeen at vwap in NF
09:28 Shai : sellers waiting for higher prices
09:28 Shai : cot turned pos
09:28 Ankit : okayy
09:29 Shai : 12368 and 35 in the PE -12300 are short sl
09:29 Ankit : 12300 CE Oi has also increased by 3L
09:29 Shai : we are looking for a move down today
09:30 Shai : looking for COT to turn red to initiatie
09:36 Shai : First red COT of the morning
09:36 Govind : 12345 done in spot Uttam
09:37 Uttam : 🙂 Gov
09:37 Shai : Intra- Buy 12300 pe abv 45 sl of 35 tgt 62/ 72. Buy abv*
09:44 Shai : Are you seeing it now?- (09:30) Shai : looking for COT to turn red to initiatie
09:44 Boppanna : +1
09:44 Sanjib : +1
09:44 Ankit : yes
09:44 Uttam : +100 Shai
09:44 Shai : All Orderflow- (09:28) Shai : sellers waiting for higher prices(09:28) Shai : cot turned pos(09:29) Shai : 12368 and 35 in the PE -12300 are short sl
09:45 Chandrashekhar : +100 Shai
09:45 Boppanna : B here
09:45 Uttam : lets see where it leaves a tail
09:45 Uttam : vwap holding
09:45 Uttam : and reds seem stuck there
09:46 Shai : 12365 res should do 12340
09:50 KK : Support for BNF would be at ?
09:50 Shai : 32070
09:52 Vishnu : pe buy triggered shai?
09:52 Shai : yes
09:53 Shai : cat and mouse here but the seller has entered at 12368
09:53 Shai : 12340 day supp
09:53 Shai : open auction
09:53 Ankit : just like story telling 🙂
09:53 Shai : was looking for a drive away at open
09:54 Shai : but sellers weren’t pressing
09:55 Vishnu : bops any pf charts for ref?
09:56 Boppanna : after IB
09:56 Uttam : chance of a weeklt FA at top in both NF & Spot
09:56 Uttam : need to break below PDL
09:58 Prakash : PDL=12326??
09:58 Uttam : yep
10:00 Ankit : BNF looks more clear short setup than NF…right uttam?
10:00 Uttam : yes Ankit, tail at top & below PDL
10:00 Ilyas : BNF OD down?
10:00 Ankit : thx
10:03 Shai : Looks like a C extension down today onm the COT
10:03 Ankit : ok
10:03 Uttam : yes but on low volumes – (10:00) Ilyas : BNF OD down?
10:06 Shai : If you see the COT of the last 20 mins and remmeber the COT of the first 15 in A yoyu would undertand why the market climbed to 12370
10:06 Shai : All in the COT
10:06 Shai : don;t trade blind with a view
10:06 Shai : look at COT and initiate
10:07 Shai : we will do a session on COT today at 08.30 pm. Do login
10:07 KK : When we mention COT of -1lac , is it in 30 mins , the one we have right now ongoing
10:07 Ankit : grt
10:07 Uttam : +1 Shai
10:07 RS null : +1
10:08 Shai : micro COT is the 5 mins
10:09 Shai : stuck in an open auction
10:09 Shai : IB extension is our trigger today
10:15 Chandrashekhar : C here Uttam..dhoka today?
10:15 Boppanna : 120 on watch could BNF
10:15 Sanjib : Looks like someone SL gone at 12361
10:16 Uttam : OI of PE continues to rise
10:17 Boppanna : BNF if holds 120 can do 180
10:17 Shai : Make exits in the PE at 40 cmp. We will buy tghat PE later
10:20 Boppanna : stopped
10:23 Boppanna : Next trade only based on OF at boundaries as per Shai’s IB extension trigger for me
10:26 Ilyas : OF?
10:26 Boppanna : Order FLow
10:26 Ilyas : thnx
10:29 KK : NF is weaker of the two ?
10:30 Boppanna : BNF KK IMO
10:31 Boppanna : below PDL and two day POC
10:32 Rajiv : Shai these read at vwap, do they call for reentry in the 300 PE
10:35 Boppanna : C ext
10:35 Boppanna : BNF
10:35 AmitN : with 30k buyer in bnf
10:40 Boppanna : Uttam does his b) hypo targets b) Staying below 32240 the auction could test 32180-175 / 32120 & 32045-025
10:44 Chandrashekhar : D here…
10:47 Chandrashekhar : RE on D as well in BNF..but new lows yet to be made…
10:50 Shai : it’s an open auction have to play the small points – (10:32) Rajiv : Shai these read at vwap, do they call for reentry in the 300 PE
10:52 Boppanna : Shai BNF greens BNF COT not showing selling pressure still above 120 could push up?
10:56 Shai : 32120 could resist
10:57 Boppanna : ok thx
11:06 Shai : still a 12366- 12332 market without the volumes coming
11:07 Shai : either trade the small points in between or wait for an IB extension
11:22 Govind : Onions are bigger than global cues apparently 🙂
11:24 Govind : RIL tanking
11:37 Shai : And BNF now wanrts up
11:38 Shai : Unless you are quick and have even faster fingers, the recommendation here is to wait and save emotional capital
11:39 Shai : the mrakte does give better trade opportunities than this with better trade facilitation- you just have to wait
11:39 MJ : +1 chief.
11:39 MJ : Timing is important to initiate the trade.
11:39 Sachin : +1
11:39 Ankit : right+1
11:50 Chandrashekhar : 22 K greens @ 12358
11:51 Sreejith : +1 shai
11:55 Shai : BNF getting vols
12:05 Shai : Intra – Buy BNF 32126 sl of 32040 tgt 32240
12:07 Vijay : 3200CE 242-272
12:08 Shai : +1
12:09 Vijay : Thanks Shai
12:14 Shai : 32120 sl in BNF now
12:14 Shai : if not in can keep that as sl
12:15 Boppanna : 115-180 part out BNF.. reload 150
12:15 Shai : +1
12:15 Shai : has the COT
12:16 Shai : started building at 11.30- (11:37) Shai : And BNF now wants up
12:16 Chandrashekhar : Uttam a hypo coming to play in NF looks like
12:18 Prajwal Shetty : again stalled??
12:18 Shai : Book out if in BNF- 32180- 184
12:18 Boppanna : +1
12:27 Vishnu : 372.8 not breaking as of now
12:31 KK : chance of visiting VWAP by 1 15 ?..Sell here with Sl at 32250 ?
12:31 Shai : can
12:32 KK : thanks
12:35 Vijay : 23K Green in BNK
12:35 Vijay : BNF
12:36 Sachin : nifty has to take out 12372, we will have a good run?
12:36 Boppanna : 🙂 VIjay congrats on the 23K green in Bank
12:36 Vijay : LOL
12:39 KK : let’s go
12:43 Boppanna : KK would part book at 140
12:44 KK : if you say so, I was thinking 32124, but fine
12:44 Boppanna : MB boundary
12:45 KK : part booked at 32145
12:45 KK : moved SL to cost
12:45 Boppanna : +1
12:47 Shai : +1
12:48 Boppanna : Shai BNF if gets above 240 could spike?
12:49 Boppanna : Sorry ignore that previous question
12:53 KK : Shai, NF PEs are looking attractive now ?
12:54 KK : to buy
12:57 Shai : not yet
12:58 Shai : 12300 pe must now cross over 39 for a new buy
13:05 Ankit : Normal/Weak neutral days when i dont perform really well
13:05 Ankit : but thats also a good information now, to know when not to trade or trade aggressive
13:06 Shai : It’s easy to identify such days
13:07 Ankit : yes Shai… better to stay away atleast for me… on such days
13:07 Shai : It’s part of the workshop material also
13:07 Ankit : yes i agree
13:07 Ankit : +1
13:07 Shai : emootional capital very imp for a trader
13:07 Ankit : hehe yes.. i wish i had learnt it not by donating much hehe
13:08 Ankit : but mportant to implement now on
13:08 Ankit : 🙂
13:09 Ankit : performance on my algo on stock portfolio i run also used to create bias in my mind (sometimes in favour, sometimes against the Mp/OF) buy now have learnt to isolate it. so yeah everyday i am getting better with emotions. Green MTm will follow eventually 🙂
13:10 Ankit : btw thansk a ton to you and everyone… wouldnt have been possible without you all 🙂
13:10 Shai : Congarts
13:10 Shai : _/\_
13:13 RS null : will i ask a technical qn here?
13:13 Shai : yes can
13:15 Shai : on dot- (12:31) KK : chance of visiting VWAP by 1 15 ?..Sell here with Sl at 32250 ?
13:15 Boppanna : +1
13:15 KK : Booked fully
13:16 Tejpreet : +1 KK …Nice timing.
13:16 KK : thanks Shai and Bops.
13:17 Sanjib : some greens in NF
13:17 Shai : 12300 pe is built smartly
13:17 Vishnu : who
13:18 RS null : in ninja i observed limit sell showed as buy but here limt order shows correct way is that due to data or algorithm and how to identify aggressive buy or sell in calculating cot and delta?
13:18 Shai : if 12330 goes on spot then should panic
13:18 Shai : hence 39 on that PE am watching
13:18 KK : now next trade post 1 28 only..or if 39 in that PE
13:18 Vijay : Indusind bank result should give us a clear view
13:19 Shai : Avoid such platforms- (13:18) RS null: in ninja i observed limit sell showed as buy but here limt order shows correct way is that due to data or algorithm and how to identify aggressive buy or sell in calculating cot and delta?
13:19 Shai : never trade with anything which gives you wrong info- it puts more presure on traders
13:20 Shai : it’s better to have no data and no platform than wrong data and wrong platform
13:21 RS null : yes shai wested money buying such thing.
13:22 RS null : I stopped seeing and stoped renewing data
13:22 Shai : The mind needs to be free , not confused for you to trade better
13:23 Shai : Avoid all such things
13:24 RS null : yeah shai you are the guru and gems of that industry
13:24 Vishnu : shai before joing this room i was in for 20 whatsapp group with confused mindset. now i am no group clear view
13:24 RS null : Respect
13:26 Shai : _/\_
13:26 Shai : Good decision Vishnu
13:27 Shai : Clean out all negative elements out of your life- see how your trading improves
13:27 Shai : work in a group of people who have similar motivations as yours and similar goals
13:27 Ankit : so true shai!
13:29 Vishnu : yes shai\
13:29 Shai : once again 39 and 12330 spot
13:29 Shai : looking at 12330 RF sl of 12368
13:29 Shai : 12330 F*