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
08:59 Vtrender Live : (08:59) Vtrender Live: 30 min charts = https://global.gotomeeting.com/join/849479677
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-14th-november/
09:21 Shai : (09:21) Shai : Intra – Buy NF 11938 sl of 11918 tgt 11967
09:29 Shai : (09:29) Shai : NF 11956 – Book half here and rest at cost
10:00 Shai : (10:00) Shai : Intra – Buy BNF 31020 sl of 30920 tgt 31145
10:15 Shai : (10:15) Shai : BNf 31140 at tgt . Book out fully
11:29 Shai : (11:29) Shai : Intra – short BNF 30998 sl of 31040 tgt 30830
11:49 Shai : (11:49) Shai : Exit the BNF shiortsat cm,p 31010
13:48 Shai : (13:48) Shai : Intra – Buy NF 11979 sl of 11955 tgt 12004
13:56 Shai : (13:55) Shai : Exit near cost 11978
08:59 Vtrender Live : 30 min charts = https://global.gotomeeting.com/join/849479677
09:01 Shai : Gm all
09:01 Shai : https://vtrender.com/market-profile-analysis-dated-14th-november/
09:02 Shai : 11900 ref line for the open
09:02 Shai : expectiong the auction of yesterday to continue to 11967 and 11993F today
09:02 Shai : 11832 is daily support below
09:03 Shai : 30700 early morning supp in BNF today
09:03 Uttam : Good Morning All 🙂
09:03 Shai : 31010 destination obj if stays abv
09:17 Shai : 11934 is yesterday’s late buyer booking
09:18 Shai : immhurdle again for the open
09:21 Shai : Intra – Buy NF 11938 sl of 11918 tgt 11967
09:22 Chintan : GM all 🙂
09:25 Shai : I told some of you to carry 11900 ce at close yesterday for this- (09:02) Shai : expectiong the auction of yesterday to continue to 11967 and 11993F today
09:25 Shai : 122 to 142 now on the 11900 ce
09:26 Govind : Yes Shai, still holding
09:27 Shai : hdfc, kotak, sbi, icici leading the BNF
09:27 Shai : strong hands
09:28 Shai : part A done easy – (09:03) Shai : 31010 destination obj if stays abv
09:28 Govind : BNF 30700CE monthly from 496 to 650 done, bought yesterday evening
09:28 Shai : +1
09:29 Shai : 31145 poss sl of vwap
09:29 Uttam : +1 Shai holding that one & traded the weekly 11900ce from 78 to 90 & 96
09:29 Shai : NF 11956 – Book half here and rest at cost
09:30 Govind : Shai, what about the 11900CE? Can book half here?
09:30 Shai : yes]
09:31 Shai : next part abv 11960-67
09:31 Govind : +1 Shai
09:33 Boppanna : Congrats guys
09:41 Uttam : thanks Bops 🙂
09:44 Shai : 11934 supp now
09:44 Shai : As long as that hold can go up to 11967
09:56 Shai : slow down in volumes
09:57 Shai : NF/ BNF content at vwap
10:00 Shai : Intra – Buy BNF 31020 sl of 30920 tgt 31145
10:01 Boppanna : 19K red at dval caught at wrong place
10:01 Boppanna : NF
10:01 Shai : looks like a wrongplay sl order
10:02 Boppanna : ok Shai
10:05 MJ : Shai, the stats about bnf cash stocks that you share comes via that index table in mplite?
10:05 MJ : https://mplite.vtrender.com/idxtable/
10:05 MJ : This one?
10:11 Prakash : Hye Chief, I wanna learn one specific thing from you, how you aptly juge the epiry closing , way before
10:11 Uttam : boom boom coming?
10:13 Boppanna : 🙂
10:13 Boppanna : Shai BNF Needs a refresh pls
10:13 MJ : 41320 green vs 41440 red
10:13 MJ : Yeah bopps refresh needed.
10:14 MJ : That trade at 30752 yesterday was an unusual volex in bnf.
10:15 Shai : (09:27) Shai : hdfc, kotak, sbi, icici leading the BNF(09:27) Shai : strong hands
10:15 Boppanna : +100 Shai
10:15 Uttam : (10:11) Uttam : boom boom coming?
10:15 Shai : BNf 31140 at tgt . Book out fully
10:15 Uttam : howzzat
10:15 Govind : NIce Uttam!
10:15 MJ : 5L
10:15 MJ : 11981
10:16 MJ : 4.29 actually. algo comes early.
10:16 Uttam : algo comes daily Mihir 🙂
10:17 MJ : Uttam print ka baat hai 🙂
10:17 MJ : 5 min par.
10:17 Uttam : C period extenedion with 9L vols on 5min
10:17 Uttam : iraada kya hai bhai?
10:18 MJ : exactly. 2 unusual trades yest bnf and then this.
10:18 KK : do we need to book long or stay since this is above 980
10:18 Shai : 11994 babyyyy- (09:02) Shai : expectiong the auction of yesterday to continue to 11967 and 11993F today
10:18 Uttam : more to come
10:19 MJ : 11965 support. 0000s there.
10:19 Uttam : +100 Shai
10:19 MJ : +10000
10:19 MJ : Shai holding overnight call 🙂
10:19 MJ : 2 ib. boom.
10:20 Boppanna : Check the high guys ..Uttam’s gold in evening report “the auction is not finding aggressive sellers after moving lower from the 5-day composite hence can attempt a move back into the higher composite Value of 11933-11979-12009”
10:21 Govind : Awesome read Shai, you said 100 points in NF yesterday and voila!!!
10:21 Govind : Wonder how many shorters got cleaned out today 🙂
10:23 Govind : Done with all my trades for the week. Exited the 11900CE (other half) at 177. Thanks Shai and Uttam.
10:23 MJ : Gov cheerio!
10:23 Govind : Danke MJ
10:23 Uttam : congrats Govind 🙂 and cheers
10:23 Govind : Noone expected Mount 12000 even y’day
10:24 Govind : Thanks Uttam
10:24 AmitN : Awesome Shai and Uttam….
10:24 Govind : But Shai did say 100 points in NF based on his tape reading
10:24 Uttam : yesterday’s failure to extrend range lower was a big clue guys
10:25 Jitender : congo everyone…happy room
10:25 Uttam : you pinging from your yatch looks like Jit 😉 Friday
10:25 MJ : Take a bow Shai.
10:26 Jitender : no Uttam…just focussed on daily job 🙂
10:26 Uttam : oh ho printing & more printing 😉
10:26 Jitender : along with the room 🙂
10:27 Uttam : yep +100
10:27 Shai : swipe up has seen lots of liquidation
10:27 Shai : Also C
10:27 Shai : 11967 supp and traiilng stop for longs
10:30 Niraj : seems there is a divergence
10:30 Niraj : may fall
10:31 Shai : 12004 isa VPOC- new longs for day only if we sustain abv
10:32 Uttam : expecting 12050-64 today above that Shai, possible?
10:37 Niraj : boom
10:37 Niraj : fall
10:38 Niraj : dabke
10:38 Jitender : 31157-30942 done
10:38 Jitender : booom
10:38 Jitender : up n dwn both milked
10:38 Shai : 30860 was printed
10:38 Shai : 🙁
10:38 Jitender : essar steel case judgement
10:39 Jitender : wasa expectn the dip once it came out
10:39 Jitender : yeahhhh
10:39 Jitender : C hi= A high on profile chartc of 13/11…magic
10:40 Shai : back to 11934
10:41 Shai : Anyone on TV?
10:41 Jitender : yup
10:41 Shai : 11934 supp for 11989
10:41 Shai : high risk long
10:42 Jitender : 10.38 comment Shai
10:43 Shai : thanks
10:43 Jitender : wc
10:44 Jitender : cuppa time…let mkts settle
10:45 Shai : The big guys cobvered near 11993
10:45 Shai : All these are late shorts
10:45 Uttam : BNF could confirm a FA at lows
10:45 MJ : C on top C on bottom for bnf.
10:46 Uttam : done (10:45) Uttam : BNF could confirm a FA at lows
10:46 Shai : 11972
10:46 Niraj : yaa
11:04 Niraj : sir next support level of banknifty
11:06 Niraj : can we see 30500
11:06 Niraj : soon
11:06 Niraj : 1 or 2 day
11:07 Govind : Vix down another 3% today
11:07 Niraj : vix down means giving stability to market ??
11:08 Govind : means markets are expected to be less volatile in the coming days
11:08 Uttam : up up and away 😉
11:09 Govind : Cheerio Brother
11:09 Niraj : thanks sir
11:12 Prakash : @Shai, 450k red in NF 11980, still the mkt went up over 12005, how to read this….??
11:12 Shai : yesterday’s longs booking
11:13 Prakash : Oh got it thn
11:13 Prakash : thnx
11:13 Shai : below 11934 go short for 11900 test
11:13 Uttam : 80% rule in the higher 5day composite (11:12) Prakash : @Shai, 450k red in NF 11980, still the mkt went up over 12005, how to read this….??
11:13 Shai : sl of 11951
11:14 Prakash : thnx Uttam
11:29 Shai : Intra – short BNF 30998 sl of 31040 tgt 30830
11:30 Shai : sbin the leader should begin a drop tpo 313
11:30 Niraj : 0 0 pattern at bottom
11:30 Niraj : banknifty
11:30 Shai : 319 now
11:31 Shai : BNF in now
11:33 Shai : does not work with 1 row- (11:30) Niraj : 0 0 pattern at bottom
11:33 Shai : look for a set of 3-6 rows
11:34 Shai : 11900 pe above 65 would give you 85 sl of 56
11:36 KK : in BNF SL is quite close..
11:36 Niraj : @ Shai ok sir
11:41 Boppanna : @KK markets volatile so reducing risk with smaller SL and above vwap as well..
11:42 Bhavani : Yes Bops.. Also we need to remember that today is a “FRY”day
11:43 Shai : can reamin short with sl of 311145 also
11:43 Shai : I donlt thin k day highs can be taken out now
11:49 Shai : Exit the BNF shirets at cm,p 31010
11:50 Shai : may spike up and give better short opp
12:06 KK : range bound till 1 20 ?
12:06 KK : 11 938 to 11965
12:07 Govind : Both forming bells
12:08 Shai : SBI not willing to let go
12:08 Shai : hence exited
12:08 Shai : PLR is up in sbin
12:08 Shai : icici looking up
12:08 Shai : may test 31140 again
12:08 Boppanna : D/E/F inside bars so far in both
12:09 Shai : looking at 370 in 31000 ce
12:23 Uttam : nice bell plus 3-1-3 in profile in both
12:26 Shai : Didn;t know that sbi is up cos of some divestment news of 4% in the card division…4% #@#@
12:28 Nikhil Chawale : essar steel news 8000cr exposure
12:28 Nikhil Chawale : sbi
12:38 Boppanna : +1 Shai ..327-350 scalp on the 31Kce
12:40 Boppanna : COuld have held on but that 13k at top made me exit
12:43 Shai : yes\
12:45 KK : buying opp at 938/940 will come with 934 as SL ?
12:46 KK : nf
12:46 Uttam : 17k green stuck in NF also
12:46 Uttam : causing this move below vwap
12:49 Niraj : seems market waiting for 1.30 for european session to open
12:52 Boppanna : Uttam u planning to make in I today?
12:52 Boppanna : *make the move
12:59 Uttam : bell for now Bops so could be only in the last hour we get a spike I feel
13:11 Prakash : are the charts working..??
13:12 Niraj : no
13:12 Prakash : its blank screeen at my end
13:12 Niraj : charts nt coming
13:13 Gaurav : goto screen is working fine
13:14 Uttam : back now
13:18 Niraj : print by print higher lows
13:18 Shai : 11969 hurdle
13:18 Shai : Abv that 12004 again
13:18 Shai : playing 11934- 11969
13:18 Shai : RS and RB games
13:34 Uttam : woodpeckers nest in both 😉
13:36 Uttam : @Bops you doing this?
13:37 Shai : 31123- (12:08) Shai : may test 31140 again
13:37 Uttam : 11982 needs to be sustained in NF Shai?
13:38 Uttam : 35k green again at top of this 5min bar
13:38 Uttam : 17k in BNF
13:39 KK : is it heading to 988
13:40 Boppanna : 31300ce needs to push past 205 not happening so far
13:42 Shai : 47 sl inm 11900 pe
13:42 Shai : counter trend
13:42 Shai : tgt 62/ 65
13:46 Shai : sl
13:48 Shai : Intra – Buy NF 11979 sl of 11955 tgt 12004
13:48 Shai : slightly risky long
13:48 Shai : but trading thois anbv 11965 for PLR up to 12004
13:49 Boppanna : BNF also making some move
13:51 Boppanna : Out of that 313KCE not liking the move stalling too much
13:51 Jitender : +1
13:51 Jitender : ditto
13:52 Jitender : vwapup also tere
13:55 Shai : Exit near cost 11978
13:55 Shai : those who want to be in stay sl of 11964
13:56 Shai : I thin k one up is still pending
14:03 Uttam : 25 mins more – (12:59) Uttam : bell for now Bops so could be only in the last hour we get a spike I feel
14:07 Boppanna : OK Uttam u asking me to not look at screen till 2:30 🙂
14:07 Uttam : lol, nothing like that 🙂
14:08 Uttam : K for killer move it could be today
14:19 Shai : hdfc bank to push BNF over
14:22 Niraj : somehing fishy
14:26 Shai : still holding 11964- (13:55) Shai : those who want to be in stay sl of 11964
14:38 Govind : 11950 PE OI just 60k shy of crossing over CE OI
14:38 Govind : Nov21
14:38 Uttam : BNF wants to spike first?
14:39 Govind : Looks ready Uttam
14:40 Shai : No stength for a soike
14:40 Boppanna : 31KCE.. 373 a wall
14:41 Shai : yes
14:41 Shai : hdfc longs booking
14:41 Shai : sbi tired
14:42 Shai : 11934 coming
14:46 Shai : 11989 sl for that
14:46 Shai : keep stops in systm
14:46 Shai : mad friday can come also
14:56 Uttam : anything for 3:05?
14:59 Uttam : _/\_ (14:40) Shai : No stength for a soike
14:59 Shai : few more
14:59 Boppanna : Friday 3
14:59 Shai : 1276 hdfcbank
15:00 Govind : Mr Algo
15:00 Shai : 10 off – (14:41) Shai : hdfc longs booking
15:00 Govind : Took it up and brought it down
15:00 Shai : Orderflow rocks
15:00 Jitender : +1
15:00 Uttam : lovely Shai
15:00 Shai : 12 more – (14:42) Shai : 11934 coming
15:00 Uttam : dPOC here in NF
15:00 Niraj : ordeflow shocks
15:01 Uttam : 11950
15:04 Govind : Yes Uttam, closing there perhaps?
15:05 Rajiv : Shai move done?
15:05 Rajiv : or more coming
15:06 Uttam : such a nice bell in both
15:06 Boppanna : 31KCE below 305 can be trouble
15:09 Shai : 108 to 84 in the 11900 ce
15:10 Shai : weekend done
15:10 Uttam : +100 Shai booked my longs in it at 107 🙂
15:10 Uttam : just before the move down
15:10 Uttam : on your warning
15:10 Shai : 11935 exact lows
15:10 Boppanna : +1
15:10 Shai : done – (15:00) Shai : 12 more – (14:42) Shai : 11934 coming
15:10 Uttam : +1000 does not get better than this
15:11 Shai : hdfc bank drop done also
15:12 Govind : +1 Shai
15:14 Shai : 15 mins
15:14 Shai : donlt break for 119010
15:14 Shai : will complocate mon
15:14 Shai : complicate**
15:17 Uttam : close at 11901 will be the weekly POC Shai
15:17 KK : gone
15:17 Shai : yes Uttam looks like it
15:17 Shai : 11943 sl 11 mins
15:19 Uttam : NF got rejected at prev week’s POC today
15:19 Uttam : weekly nice balanced profile
15:19 Uttam : so close at POC will be a nice set up
15:20 Uttam : so that 4.8L guy will be in good profit
15:22 Prakash : Gap down on Monday , Shaii ???
15:22 Prakash : should carry 11900PE
15:22 Prakash : ??
15:23 Uttam : no a move away from 11900 at open would be a better trade
15:23 Prakash : got it
15:23 Prakash : Thnx
15:23 Boppanna : Big vols here
15:23 Uttam : though the day’s COT is big so Shai as alwasy will be best to advise
15:24 Uttam : on any carry over trade
15:25 Shai : No falt here
15:25 Shai : don’;t carry anything
15:25 Shai : we take a fresh view Mon
15:25 Uttam : +1 Shai
15:25 Uttam : BNF has made higher Value for the week
15:25 Uttam : NF lower
15:26 Uttam : both need to get into sync
15:26 Shai : That supply seen at 11993 is a worry for next week
15:26 Uttam : for any trending move
15:26 Shai : Hope everyone had a good week
15:26 Prakash : Thnx
15:26 Shai : From the looks of it we should have a one way move coming week
15:26 Uttam : yes Shai 🙂 _/\_
15:26 Shai : let’s catch up on Monday
15:27 Shai : Bye all
15:27 Shai : Have a good weekend
15:27 Boppanna : bye and thx all
15:28 Chintan : bye all
15:28 Chintan : thx
15:28 Uttam : thanks All 🙂 have a lovely weekend