Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
09:13 Shai : https://vtrender.com/market-profile-analysis-dated-15th-october/
09:56 Shai : (09:56) Shai : Intra – Buy NF 11451 sl of 11425 tgt 11487
10:49 Shai : (10:48) Shai : NF 11465 . Book half here and ride some at cost
11:46 Shai : (11:46) Shai : NF book full 11468
11:53 Shai : (11:52) Shai : Intra – Keep a new NF buy abv 11477 sl of 11449 tgt 11510/ 11524. Buy abv only*
12:57 Shai : Intra – short BNF 28640 sl of 28800 tgt 28455
12:59 Shai : (12:59) Shai : Book if in BNF shorts
13:39 Shai : (13:38) Shai : Buy 11500 pe at 95 sl of79 tgt 122
13:45 Shai : (13:45) Shai : exit the 11500 pe at 93- 94 cmp
14:14 Shai : (13:53) Shai : looking for longs abv 11447 again for close at 11468
14:14 Shai : (14:14) Shai : Intra – Buy BNF 28480- 90 sl of 28380 tgt 28690
15:01 Shai : (15:01) Shai : Close out the BNF longs if holding at cmp 28530
09:04 Manish : Good Morning All
09:05 Chandrashekhar : GM all
09:09 Santhosh Kumar : good morning
09:12 Shai : Gm all
09:13 Shai : https://vtrender.com/market-profile-analysis-dated-15th-october/
09:16 Uttam : Good Morning All 🙂
09:17 Shai : BNF 28800 F zone to wwatch for supply
09:17 Shai : 28800*
09:17 Rajiv : Shai the 11400 PE worth taking, based on the assessment of yesterday
09:18 Shai : not a new entry now , donlt risk it here
09:18 Shai : 11426 breaks that one is in
09:18 Uttam : above 11440 NF PLR remains up
09:18 Uttam : BNF needs to sustain above 28740
09:19 Uttam : sup at 28625
09:20 Nishchal : GM All
09:21 Shai : yes test of 28625 setting up
09:23 Prakash : PLR..???
09:24 Uttam : Path of Least Resistance
09:24 Prakash : Thnx Uttam
09:24 Uttam : 🙂
09:28 Uttam : BNF low 28617 (09:19) Uttam : sup at 28625
09:29 Uttam : boom boom coming?
09:30 Manish : can u pls tell what was at 28625 zone ?
09:30 Uttam : HVN
09:31 Uttam : 11480 needs to be takne out in NF
09:32 Uttam : aa gaya (09:29) Uttam : boom boom coming?
09:35 Manish : 11480 also HVN ?
09:37 Jitender : booked 28775 15:10 Jitender : 28.6 has buyers
09:37 Shai : aggressive short BNF sl 28825 for 28665 cmp 28770
09:38 Shai : expected open range done- (09:17) Shai : 28800*(09:21) Shai : yes test of 28625 setting up
09:39 Shai : Nf may have some juice for 11510 – 11525 later
09:40 Shai : exit 28785- (09:37) Shai : aggressive short BNF sl 28825 for 28665 cmp 28770
09:47 Niraj : can we initiate short
09:48 Shai : now below vwap only
09:48 Niraj : 728
09:48 Niraj : then
09:48 Niraj : sir current 30 min candle poc is also at 728
09:49 Niraj : vwap
09:49 Niraj : also 728
09:51 Niraj : sir booked 60 points
09:51 Niraj : banknifty
09:52 Sriramakrishna : HI sir..i am still holding banknifty…with 100 points profit..
09:52 Shai : Book if in
09:53 Shai : 75 supply in 11400 ce now
09:53 Sriramakrishna : okay sir..
09:54 Shai : congrats – (09:51) Niraj : sir booked 60 points
09:55 MJ : Nice one niraj.
09:56 Shai : Intra – Buy NF 11451 sl of 11425 tgt 11487
09:56 Niraj : Thanks sir.
09:59 Niraj : Sir, pls guide does first 5 minutes candle of the day is powerful
09:59 Niraj : is it worth taking it serious
10:01 Shai : we have our own rules we follow in this forum
10:01 Shai : kindly go through the welcome kit and please stick to the charts here, in this forum
10:02 Niraj : ok sir
10:02 Shai : B is opp A today\
10:03 Shai : 28625 is holding some how
10:05 Shai : test of 28756 in BNF akso due
10:06 Shai : sl ofd 28615
10:08 Boppanna : 196-205 ref band in that 28500pe IMO
10:09 Boppanna : 255/320 on watch 10:08 Boppanna : 196-205 ref band in that 28500pe IMO
10:10 Manish : SL BNF
10:10 Prakash : still hold NF or ..??
10:11 Jitender : 14:40) Jitender : still in bracket
10:11 Boppanna : 47k at bottom BNF
10:12 Uttam : 0s at lows in both
10:12 Shai : NF hold
10:12 Shai : Movements are agressive
10:12 Shai : careful of your stops
10:12 Jitender : 427 low
10:12 Jitender : 426 yday
10:12 Jitender : )s
10:12 Shai : 426 is the 0’s
10:13 AmitN : 47k buyer in bnf at 576
10:18 Boppanna : 47k Stalled it at 244..now back to the ref band 10:11 Boppanna : 47k at bottom BNF10:09 Boppanna : 255/320 on watch 10:08 Boppanna : 196-205 ref band in that 28500pe IMO
10:19 Niraj : sir can we look for shorts
10:19 MJ : 61k in nf too.
10:19 Jitender : 601-680…days job dne
10:19 Boppanna : Nice on Jit
10:20 Jitender : tx bro
10:23 Boppanna : C triying to bring truce b/n A & B 🙂 10:02 Shai : B is opp A today\
10:23 Uttam : RE coming to the upside mostly today
10:26 Uttam : BNF should lead
10:27 Jitender : it hasto remain abv 720
10:28 Jitender : else range bound
10:28 Jitender : yday buyr liquidated..open buyr SL hunted…now dip buyr
10:30 Manish : in for range bound with jit
10:31 Jitender : abv 750 bnf will get wings if it gets vol
10:34 Shai : what is your plan for this ?- (10:19) Niraj : sir can we look for shorts
10:35 Niraj : sir can we look for long now
10:35 Shai : you can look for longs/ shorts anything- what plan do you have?
10:35 Niraj : sir actully that time i was seeing volume was increasing in that range, so thought of shorts
10:35 Shai : okay
10:36 Shai : what about entry and exit?
10:37 Shai : my supports at open were clean at 11426 and 28625 – scroll up
10:37 Shai : have to have entries and exits decided
10:38 Shai : read Uttam’s pre market report
10:38 Shai : It will make you a better trader
10:38 Shai : cannot make money randomly- have to have a plan and a process for a way of thinking\
10:39 Shai : you will not make money in every trade, but I can guarantee you, you will not lose your account
10:39 Niraj : /|
10:40 Niraj : _/\_ ok sir
10:40 Niraj : will try to be more disciplined
10:40 Shai : 28760 was expected before the sharp spike lower and done for now- (10:05) Shai : test of 28756 in BNF akso due
10:41 Shai : ranged 28600- 28800
10:41 Shai : Looking at 11515 later in the day
10:42 Shai : (09:39) Shai : Nf may have some juice for 11510 – 11525 later
10:42 Shai : sl of 11426 for that to play
10:42 Shai : ready for agg shorts below 11426
10:45 Shai : I come prepared for the day- I have an expected path mapped out. Have a plan B for it also and no bias to either
10:45 Shai : Money cannot be made by being random-
10:47 Uttam : +100 Shai
10:47 Shai : 82 to watch in teh 11400 ce
10:47 Shai : first of the 2 sellers at 82
10:48 Shai : goes to 97 again if crossed
10:48 Niraj : sir will follow henceforth
10:48 Uttam : boom boom coming?
10:48 Uttam : D started
10:48 Uttam : (10:23) Uttam : RE coming to the upside mostly today(10:26) Uttam : BNF should lead
10:48 Shai : NF 11465 . Book half here and ride some at cost
10:49 Shai : too too long to come, hence the early booking
10:50 Uttam : BNF winning the race to make the RE
10:54 Shai : 11448 is the IB
10:54 Shai : steady up now with TSL of 11447
10:54 Uttam : NF needs to sustain above PDH
11:05 Uttam : both gearing up for a DD?
11:07 Shai : Vol died down
11:07 Manish : DD is double distrbtn ?
11:08 Jitender : ys
11:09 Uttam : a) BNF needs to sustain above 28625 for a rise to 28690 / 28740-750 / 28805 & 28875-900b) Immeidate support is at 28575-555 below which the auction could test 28480-430 / 28370 & 28330-320
11:09 Uttam : BNF did the first hypo till 28805
11:09 Uttam : and took sup exactly at hypo2
11:09 Uttam : 28574 low so far
11:10 Uttam : a) Sustaining above 11440, NF can probe higher to 11466-480 / 11495-510 & 11529-538*b) Immeidate support is at 11430-420 below which the auction could test 11395-380 / 11360 & 11340-330
11:10 Uttam : similar in NF but could do only the first part
11:10 Uttam : taking supt at 11430
11:11 Uttam : BNF wants to do one trip down to 28640 looks like
11:11 Uttam : no RE up in D
11:15 Shai : 70 sl cmp 73 for 82 in 11400 ce
11:15 Shai : 3 point sl- aggressive
11:19 Shai : 79
11:21 Shai : book
11:21 Uttam : super Shai
11:23 Bhavani : +1 shai. Thats a beautiful scalp in 4 minutes..:) Hope such type of setup will be one among the 8 setups in the workshop..!
11:25 Shai : yes basic OF setup it is
11:25 Shai : 11 to 1 is that algo trading away
11:32 Uttam : 50% done (11:11) Uttam : BNF wants to do one trip down to 28640 looks like
11:32 Uttam : 28695 so far
11:36 Vipul : NF in position ? for this week hold; shai
11:42 Uttam : the DD period about to start…(11:05) Uttam : both gearing up for a DD?
11:46 Shai : NF book full 11468
11:47 Uttam : that 33k green at top of this bar prompting the booking Shai?
11:47 Shai : can buy again near 11450
11:52 Shai : Intra – Keep a new NF buy abv 11477 sl of 11449 tgt 11510/ 11524. Buy abv only*
11:53 Shai : That trade is for the 510 view . we trigger it abv 11477 or on a test of 11426 again
11:58 Niraj : sir on market proilfe chart P shape forming it seems
12:00 Uttam : NF has singles at both ends & yes BNF looks like a ‘p’ though not an ideal one as no long buying tail at lows
12:04 Niraj : ok
12:08 Uttam : 6 mins to go
12:11 Niraj : 6 min for ?
12:12 Uttam : F period to get over
12:12 Niraj : ok
12:15 Uttam : check the low in BNF (11:11) Uttam : BNF wants to do one trip down to 28640 looks like
12:15 Boppanna : Uttams 640
12:15 Jitender : 742-660 done
12:15 Uttam : 28642
12:15 Boppanna : 49k there
12:15 Uttam : yep
12:15 Uttam : morning fellow exiting?
12:16 Boppanna : lets see if this stays below vwap
12:17 Shai : 11449 sl for 11474 cmp 11458
12:18 Jitender : Shai fr the abv quant…do u also take the vol of buy as a %age of day vol…one of the parameters fr making a decision
12:21 Shai : Buy volume and Time combo
12:22 Shai : has to fill afst
12:22 Jitender : k
12:28 Shai : sl 11457- (12:17) Shai : 11449 sl for 11474 cmp 11458
12:30 Uttam : boom boom coming?
12:33 Boppanna : Push that 29k ce above 108 Uttam
12:34 Shai : 11471- (12:17) Shai : 11449 sl for 11474 cmp 11458
12:34 Shai : He is out now
12:57 Niraj : ?
12:57 Niraj : reaching lower limits
12:57 Uttam : 0s at 28690 & 11460
12:57 Shai : Intra – short BNF 28640 sl of 28800 tgt 28455
12:58 Boppanna : DL test in BNF below that 450
12:58 Shai : crash
12:58 Niraj : sir
12:58 Niraj : can we initiate short
12:58 Jitender : now booom
12:58 Shai : that algo was just ready there
12:58 Shai : 28477
12:59 Shai : Book if in BNF shorts
12:59 Manish : did not get fill
12:59 Niraj : ok
13:00 Shai : Nf buy abv 11448 for 11472 sl of 11426
13:02 Shai : in
13:04 Shai : BNF also for 28735 sl of 28430
13:06 Prakash : in the trade
13:09 Boppanna : BNF not able to get above IBL
13:10 Jitender : (10:11) Jitender : 14:40) Jitender : still in bracket(10:27) Jitender : it hasto remain abv 720(10:28) Jitender : else range bound(10:30) Manish : in for range bound with jit
13:11 Shai : BNF new sell volumes
13:11 Jitender : 450 shoild hold alongwith 426 nf
13:11 Jitender : else liquidation
13:12 Shai : yes
13:12 Boppanna : Out .. Next down move if can sustain below 440 IMO 12:58 Boppanna : DL test in BNF below that 450
13:12 Jitender : +1 BoPS
13:13 Shai : BNf looking tio exit near 560 cost
13:13 Shai : will stay in 1
13:14 Shai : BNf not looking good
13:14 Shai : flash down to 28090 expected if 28400 goes
13:17 Shai : Nf exit longs
13:17 Shai : BNf SAR short
13:18 Jitender : had shrted 28.7ce at 193 in morn..just cvrd after 100 bps in positional a/c
13:18 Niraj : sir can we go agreessive shorts
13:19 Jitender : Shai..fall started at 1pm 🙂
13:19 Niraj : poc is falling
13:19 Boppanna : +1 Jit
13:19 Niraj : on 30 min
13:19 Jitender : tx BoPs
13:19 Niraj : seems initiative sellng
13:19 Shai : 28470 SL- (13:17) Shai : BNf SAR short
13:19 Shai : agg rsmall qty
13:20 Shai : NF those buyers came at 11426 again
13:20 Shai : BNF has more reds
13:22 Uttam : 54k green in BNF
13:22 Uttam : mix of stops looks like though
13:22 Uttam : needs to get above 28460
13:23 Boppanna : Yep 440-460 band on watch BNF
13:23 Jitender : 570-580 seller
13:25 Shai : Nf can do 11380 quick below 11424
13:25 Shai : last supp\
13:27 Uttam : 28360 is imp levle in BNF
13:27 Uttam : can bounce from here
13:30 Niraj : sir will there be break of 28330
13:31 Niraj : sir is there any news
13:31 Niraj : such a sudden fall
13:31 Uttam : liquidation as Jit mentioned
13:32 Uttam : NF is still just in a 63 point range
13:32 Uttam : BNF 2 IB done
13:33 Uttam : b) Immeidate support is at 28575-555 below which the auction could test 28480-430 / 28370 & 28330-320
13:34 Uttam : look at the lows in BNF
13:34 Boppanna : Uttams next hypo triggers below 320
13:34 Uttam : NF still holding that 11420 level
13:37 Uttam : NF needs to get above 11440
13:37 Uttam : BNF immd res at 28430
13:38 Shai : Buy 11500 pe at 95 sl of79 tgt 122
13:45 Shai : exit the 11500 pe at 93- 94 cmp
13:45 Shai : careful if short now
13:45 Shai : can spring a surprise upsdie
13:52 Shai : whacky 45 mins in a 20 point range
13:53 Shai : threatening to break donw but not doing it
13:53 Shai : looking for longs abv 11447 again for close at 11468
13:53 Shai : no pos now
14:00 Boppanna : 13:23 Boppanna : Yep 440-460 band on watch BNF
14:13 Shai : 11466.25- (13:53) Shai : looking for longs abv 11447 again for close at 11468
14:13 Boppanna : +1 Shai
14:14 Shai : Intra – Buy BNF 28480- 90 sl of 28380 tgt 28690
14:18 Shai : If BNF copperates here seeing NF do 11495 once
14:18 Manish : don’t think so. lets see
14:22 Shai : 11472 up for now
14:23 Uttam : Shai giving a FA in NF please 😉
14:28 Boppanna : Last dip right around 440 can we check Jits 570-80..14:00 Boppanna : 13:23 Boppanna : Yep 440-460 band on watch BNF
14:29 Uttam : are we ready for a spike in NF?
14:29 Shai : 11471- (14:22) Shai : 11472 up for now
14:30 Shai : next part will also come
14:30 Uttam : +100
14:30 Prakash : great insights @Shai
14:30 Boppanna : Part out ..14:28 Boppanna : Last dip right around 440 can we check Jits 570-80..14:00 Boppanna : 13:23 Boppanna : Yep 440-460 band on watch BNF
14:31 Prakash : accurate numbers
14:31 Jitender : +1 BoPs
14:31 Shai : we lost some money here but I donlt keep a position on hope when tape says something else- (13:45) Shai : exit the 11500 pe at 93- 94 cmp
14:31 Shai : tape readings – (13:45) Shai : can spring a surprise upsdie
14:32 Uttam : _/\_ Shai
14:32 Azmath : Awesome Shai _/\_
14:32 Shai : 1.45 that was when the OF showed deteremined buyers
14:32 Niraj : can we carry on shorts
14:32 Niraj : for tomorrow
14:34 Shai : scroll up- you will know the reads on that
14:35 Boppanna : That 21K green stalled BNF
14:37 Prakash : @Shai,should there be another up move in NF??
14:40 Uttam : next move post 2:45?
14:43 Boppanna : Looks like Jit hammering that fellow still..14:35 Boppanna : That 21K green stalled BNF
14:45 Shai : 11439 sl for 11460 cmp 11443- 4 points
14:49 Shai : 11443 cost
14:51 Sabarish : charts pls
14:52 Shai : closed 11456
14:53 Shai : 13 on a risk of 4 – (14:45) Shai : 11439 sl for 11460 cmp 11443- 4 points
14:54 Shai : my algo does it on risk of 2 also
14:54 Shai : only thing he needs work on is exit as sometimes they change mind 2 points before
14:54 Uttam : wow 🙂
14:55 Shai : 29 to 24.60 in the 11400 pe on that 1
14:56 Shai : will be a big expiry tom
14:56 Shai : stay sharp and come in
14:56 Shai : expecting a big range
14:56 Prakash : up or down form here
14:56 Uttam : +100 Shai
14:57 Uttam : thanks for the advance notice
14:57 Shai : who cares Prakash- we make money both ways
14:58 Psandeep : Great work Shai…Shai, is it possible to implement that algo n screen ?
14:58 Psandeep : *on screen
14:58 Prakash : Right Sir
14:59 Shai : @Sandeep – exploring some options
14:59 Shai : But will keep it open for teh active traders and the seasoned VTR members
14:59 Uttam : 3:05 move coming Jit>
14:59 Shai : It’s not a product for new traders
15:00 Psandeep : Make sense. Great Thanks again Shai for you efforts.
15:00 Psandeep : *your efforts
15:01 Shai : _/\_
15:01 Shai : Close out the BNF longs if holding at cmp 28530
15:09 Shai : too late this move
15:09 Shai : going to 11494
15:09 Uttam : hip hip
15:10 Boppanna : 680 BNF
15:10 Uttam : 14k green in BNF at vwap
15:12 Shai : don’t chase NF
15:12 Shai : time not in favor of the move
15:12 Shai : done in 11400 pe at 18
15:13 Boppanna : BNF looks like shorts being forced out
15:13 Prakash : Wow
15:13 Uttam : 28500ce from 204 to 240
15:13 Boppanna : Nice Uttam u did the 3:05 move today 😉
15:13 Prakash : –
15:14 Uttam : one more lot kept at 258
15:16 Shai : late move in BNF – could have come earlier
15:16 Shai : was expected around 2.30- 40
15:16 Shai : (14:18) Shai : If BNF copperates here seeing NF do 11495 once
15:17 Shai : close to be 11460- 68
15:18 Shai : Was a good session today to see the utility of an Orderflow chart
15:18 Boppanna : +1
15:19 Shai : and why it easily shows what price can do next
15:19 Shai : Volumes lead, price follows always
15:19 Shai : basic principle of Orderflow
15:19 Uttam : NF missed confriming the FA at lows
15:19 Shai : up from 11425 to 11475 14:32) Shai : 1.45 that was when the OF showed deteremined buyers
15:20 Uttam : +100 Shai
15:20 Shai : I’ve taken you guys to a higher plane and we are doing something very different here
15:21 Shai : I don’t know whether half of you realize it, but that is okay.
15:21 Shai : Levels of understanding are always different for different people
15:21 Rajiv : Shai +100
15:21 Shai : One thing I can assure you all that if you follow along your accounts would be happy
15:21 Shai : It won’t happen in a day, even a month maybe 6 months but you will get there
15:22 Rajiv : I may be the cilent types but watching every move
15:22 Boppanna : Sure Shai ur efforts to teach are phenomenal and yes everyone needs to put in time and patience to read these setups
15:22 Shai : we are all fellow traders, treat none of you as clients
15:22 Shai : have been open and willing to share
15:22 Rajiv : oops meant the silent kind
15:23 Bhavani : Shai, Looking forward for the meeting in november to interact with you
15:23 Rajiv : Sorry about that
15:23 Shai : don’t be Rajiv. It’s alll right
15:23 Uttam : gap up tom Shai?
15:23 Uttam : or a start of a new IPM?
15:23 Shai : +1- (15:23) Bhavani : Shai, Looking forward for the meeting in november to interact with you
15:24 Shai : can’t say of a gap yp, but hope it open here
15:24 Shai : we get max opportuinity that way\
15:24 Boppanna : BNF likely to lead tomorrow ?
15:25 Uttam : yes Shai but the was we are closing in NF, I feel gap up coming
15:25 Uttam : yes Bops BNF will have to lead & expecting a huge move in it for this month
15:26 Uttam : good close in sot abv 11450
15:27 Uttam : spot*
15:27 Boppanna : Thx Uttam..440-460 this my marker for tomorrw still…this last move started there as well now
15:27 Boppanna : BNF
15:27 Uttam : has been a silent week till now but expecting next 2 days to be big
15:28 Uttam : NF congiminrg the Fa in the last minute?
15:28 Uttam : can it?
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Bhavani : BYe
15:34 Nishchal : Bye All