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
10:12 Shai : (10:12) Shai : Intra – Buy NF 11040 sl of 11015 tgt 11076/ 11110
10:58 Shai : (10:58) Shai : NF 11052. Book the NF longs
11:19 Shai : (11:19) Shai : Intra – Buy 28100 call at 190- 193 sl of 138 tgt 292.
12:08 Shai : (12:08) Shai : Exit the 28100 call at 182 cmp just under cost .
12:57 Shai : (12:57) Shai : Intra – short BNF below 27890- 900 sl of 27996 tgt 27750
13:17 Shai : BNF 27855-60 . Book the BNF trade
09:03 Nishchal : Good Morning
09:08 Shai : GM all
09:08 Uttam : Good Morning All 🙂
09:09 Shai : https://vtrender.com/market-profile-analysis-dated-13th-september/
09:09 Shai : https://vtrender.com/weekly-charts-9th-to-13th-september-and-market-profile-analysis/
09:13 Shai : 19998- 10962 F supp for the morning open
09:20 Shai : back down to 11098 sl of 11037
09:20 Uttam : 10998?
09:21 Shai : 10998 yes
09:21 Shai : 🙂
09:21 Uttam : +1
09:23 Uttam : 40k buyer in NF at 11022
09:23 Uttam : needs to get above 11038
09:24 Prudhvi : “So next time you see a gap and you are in a position which has gone against you, hold on for a bit more. Odds are good that price retraces back to the POC of the previous session.”
09:24 Prudhvi : read this mrng on blog.
09:27 Uttam : 5 min low or high needs to hld in case of a ga against
09:27 Uttam : and for now it is holding in both
09:27 Uttam : BNF good abov 27925
09:28 Jitender : started with -1 dt, recvrd sum ..now -0.56 left
09:28 Jitender : -1.08 dt*
09:29 Phani : jit r u carrying any over nyt
09:29 Jitender : ys was
09:29 Phani : ok
09:29 Jitender : but less qty due to weekend
09:29 Phani : ok jit
09:30 Jitender : Shai any vol of note in usdinr ?
09:30 Uttam : BNF a short below 27925 looks like
09:31 Shai : 11037 zone has vwap of friday
09:31 Shai : BNF has multiple volume zones 27930- 990
09:31 Shai : not clean here
09:32 Uttam : 27885 minor sup in BNF else can test morning OL
09:33 Boppanna : 950 first line drawn
09:33 Boppanna : BNF
09:33 Jitender : 940 +1
09:34 Uttam : 0s in NF
09:34 Uttam : 70k green
09:37 Shai : close if in short – (09:13) Shai : 19998- 10962 F supp for the morning open(09:21) Shai : 10998 yes
09:37 Shai : one leg down
09:39 Shai : nxt leg below 10997 for a quiick move to 10962
09:39 Jitender : (09:30) Jitender : Shai any vol of note in usdinr ?
09:41 Shai : niothing big
09:41 Shai : 71.26 thur was bigger
09:41 Jitender : tx
09:42 Jitender : shrted at 71.71 n change in morn
09:42 Uttam : greens in NF
09:46 MJ : Chief, can zoom 30 min a bit?
09:46 MJ : the room 30 min chart.
09:47 Uttam : 11038 needs to be taken out & NF can test that spike low of 11076
09:47 Uttam : BNF 27880-860 new sup
09:47 Uttam : 0s at VWAP
09:48 Uttam : green band in NF at vwap
09:54 Jitender : 930 has buyrs
09:54 Jitender : bnf
09:55 Boppanna : Could stay around 950 for some time IMO
09:55 Uttam : small RS coming here in both
09:56 Uttam : but looks to be getting absorbed
10:04 Jitender : below it (09:54) Jitender : 930 has buyrs
10:08 Uttam : 11038 still holding but looks like will be taken out
10:08 Uttam : 12k green coming
10:08 Uttam : RS being forced out?
10:08 Phani : some shorts are trapped below opean and morning low now , ‘
10:10 Phani : likely test morning high
10:11 Shai : There is RB at lows
10:11 Shai : and secure for now
10:11 Shai : OF had 71K green
10:11 Shai : test is at yvwap
10:12 Uttam : 11060 coming?
10:12 Shai : Intra – Buy NF 11040 sl of 11015 tgt 11076/ 11110
10:12 Phani : (09:56) Uttam : but looks to be getting absorbed , wt level to watch out above 940
10:12 Uttam : 0s at 11038
10:13 Jitender : dt now -0.14 (09:54) Jitender : 930 has buyrs
10:13 Uttam : boom boom
10:13 Phani : nice come back jit
10:14 Jitender : +1
10:14 Jitender : 10 mins brk now
10:15 Uttam : 35k green at top in NF
10:17 Shai : BNf lows are back at the 27846 OF number of fri and thurs
10:17 Shai : keep watching that 27846
10:17 Boppanna : +1 Shai
10:17 Shai : some 1 running a buy program there
10:18 Uttam : 27928 IB on 30mins in BNF
10:18 Uttam : (09:47) Uttam : BNF 27880-860 new sup
10:18 Shai : +1
10:18 Boppanna : 950 resisted till end of IB and gave up
10:18 Uttam : 28110-130 could get testedhere
10:22 Jitender : c etxn….
10:23 Uttam : BNF has a 23k red stuck at 28k
10:24 Uttam : 27961 ext handle in it
10:26 Uttam : (10:15) Uttam : 35k green at top in NF…this stalled the upmove
10:31 Boppanna : Is that a typo?10:24 Uttam : 27961 ext handle in it
10:32 Uttam : 27987 was morning freak high
10:32 Uttam : later it made a hgih of 27961
10:32 Uttam : 0s back in NF at 11036
10:33 Uttam : IS at 11031
10:33 Uttam : on 5mins
10:33 Boppanna : ok thx Uttam
10:33 Jitender : mtm brks into green 🙂 (10:22) Jitender : c etxn….
10:33 Uttam : breaking below VWAP nit needs to see how this bar closes
10:33 Boppanna : Nice Jit peace 🙂
10:33 Jitender : yh man
10:34 Uttam : congo Jit
10:34 Jitender : was a Sl hunt (10:22) Jitender : c etxn….
10:34 Jitender : tx guys
10:37 Jitender : yahoo….
10:37 Jitender : bookd
10:39 Uttam : now 32k reds at lows
10:39 Jitender : 29 in bnf also
10:40 Uttam : +1
10:40 Uttam : Shai refresh please one
10:41 Shai : late sellers below vwap
10:44 Himanshu : Chief 29K Red in BNF – below Vwap
10:44 Himanshu : stuck seller
10:46 Shai : yes
10:47 Shai : 66 is tye buyer in 11000 ce
10:49 Uttam : 11038 again fight on here
10:55 Jitender : bnf lower hi post C
10:56 Uttam : big OI addition in 11050ce today
10:56 Uttam : could be made to cover
10:56 Uttam : BNF needs to take that RS at 28030 out
10:56 Jitender : one more bad news from saudi region…will flip tis mkt
10:56 Jitender : n lot of unwindn of longs will happen
10:57 Jitender : no news wud be good news
10:57 Uttam : boom boom
10:58 Uttam : (10:12) Uttam : 11060 coming?
10:58 Shai : NF 11052. Book the NF longs
10:58 Uttam : 11057 high so far
10:59 Jitender : negated (10:55) Jitender : bnf lower hi post C
10:59 Uttam : 11060 here
11:00 Uttam : high to the dot so far
11:01 Uttam : new highs
11:03 Shai : 102 now – (10:47) Shai : 66 is tye buyer in 11000 ce
11:03 MJ : Aye chief 🙂
11:03 Shai : was clear in the OF option charts
11:03 MJ : 77 to 102 on that one.
11:03 Uttam : 82 entry still holding
11:04 Shai : booked early NF but BNF driving this one now
11:04 MJ : going vah.
11:04 MJ : Shai morning 86k buyer looks like booked?
11:04 Jitender : beauty of OF (10:39) Uttam : now 32k reds at lows(10:39) Jitender : 29 in bnf also
11:04 MJ : 11001 levels?
11:05 Uttam : +1 Jit
11:06 Uttam : headed for ne hgihs both
11:06 Uttam : new*
11:07 Uttam : D perdo ext handle
11:11 Uttam : (10:18) Uttam : 28110-130 could get testedhere
11:11 Uttam : 28095 so far
11:13 Uttam : happening (10:56) Uttam : big OI addition in 11050ce today(10:56) Uttam : could be made to cover
11:19 Shai : Intra – Buy 28100 call at 190- 193 sl of 138 tgt 292.
11:20 Shai : 142 is the big buyer per the OF chart
11:23 MJ : Shai the number within the yellow box in options chart is missing?
11:23 MJ : Ce side.
11:24 Shai : NF may do 11111
11:24 MJ : back
11:24 MJ : Gracias.
11:24 Shai : But BNF safer to trade long side per the OF4
11:24 Shai : NF seeing liquidation of morning buyers
11:25 Jitender : Shai..if bnf goes below ibh…ten we can get ibl below vwap ?
11:25 Shai : 27940 should supp
11:26 Shai : 27925- 940 zone a supp now
11:26 Jitender : tx
11:28 Jitender : dpoc has all 4 tpo’s till now
11:42 Shai : NF started to negotiate all the supply
11:42 Shai : 11040 sl now for 11111
11:43 Shai : that last green though late at 11074 is evidence they have started cornering the supply
11:43 Shai : 28950 is short pushed out
11:43 Boppanna : 27950?
11:43 Shai : in NF
11:44 Shai : 28950 at top of 5 min bar
11:44 Boppanna : ok sorry got it
11:48 Jitender : d=e in nf
11:48 Jitender : top
11:50 Phani : 11100 pe 88 to 98 first trade of the week
11:50 Jitender : congo
11:50 Phani : thanks jit , all your inspiration
11:51 Jitender : yr trade bro 🙂
11:54 Himanshu : jit – so PLR is up in BNF
11:54 Himanshu : Whats opinion –
11:56 Phani : mostly as i see all longs are trapped below 20 ,
11:57 Jitender : Himanshu…i expect volatility
11:58 Jitender : n dpoc my ref
11:58 Jitender : or magnet
11:58 Jitender : post 1.30 diff story will unfold
11:58 Himanshu : Ok DOPC in BNF -27925
11:58 Himanshu : Am right ?
11:59 Phani : jit i see it as today price failed at rally high of day befor yday , so shorts are still in control of the auction
11:59 Phani : #Nf
12:00 Phani : any opinion
12:00 Jitender : Phani IBH n 930-950 my two ref fr bnf
12:00 Jitender : Himanshu 930-950 zone
12:02 Phani : i am saying about NF
12:02 Jitender : Shai & Uttam r best fr nf
12:02 Phani : sorry jit for got
12:02 Jitender : my focus is more onthe volatile babe
12:03 Jitender : no neeed to be sorry bro
12:05 Phani : ok bro, +1
12:08 Shai : Exit the 28100 call at 182 cmp just under cost .
12:09 Uttam : @Bops you planning for some fireworks again today in ‘I’ period like you did on Friday?
12:12 Boppanna : Uttam 950-130 reference could wander b/n IMO not sure after Europe opens any also FM seems to have done her quota for PCs so now no insider based jumps I guess ..
12:16 Uttam : so you not ordering anything today for ‘I’ 😉
12:16 Shai : Good ref there Phani – (11:59) Phani : jit i see it as today price failed at rally high of day befor yday , so shorts are still in control of the auction
12:17 Shai : was also the anomaly and ofc the RS of thurs
12:17 Shai : pullback high is the term we use here
12:18 Uttam : spike low that is from Friday NF
12:18 Shai : yes
12:18 Uttam : same in BNF spike low was 28075
12:18 Boppanna : Jit has put his hammer down and D and Shai says D should hold so I is stuck :)12:16 Uttam : so you not ordering anything today for ‘I’ 😉
12:18 Shai : was looking for a sharp up abv that
12:18 Shai : may not happen
12:18 Uttam : & today’s hgih at 28095
12:18 Shai : below IBH now
12:18 Uttam : both have rejected from the spike
12:19 Shai : hence exited the call
12:20 Uttam : 0s at vwap in NF
12:20 Uttam : but 27k red at 11037, initiative or stuck?
12:20 Uttam : another 31k below
12:20 Uttam : 14k red in BNF
12:21 Jitender : one more (11:28) Jitender : dpoc has all 4 tpo’s till now
12:21 Boppanna : 1
12:21 Boppanna : +1 Jit
12:21 Uttam : inside bar so far & a balance in both
12:21 Shai : +1
12:21 Uttam : -90k COT
12:22 Jitender : in case 27800 brks BoPs…fireworks
12:22 Uttam : getting some buying finally lookw like
12:22 Phani : (12:16) Shai : Good ref there Phani – (11:59) Phani : jit i see it as today price failed at rally high of day befor yday , so shorts are still in control of the auction, thank shai,
12:23 Phani : (12:17) Shai : pullback high is the term we use here, iam always confused about it
12:23 Shai : afternoon adjustment of inventory in a trending auction
12:23 Shai : visual ref
12:23 Shai : can see it in 5 min bars also
12:24 Boppanna : 28100ce looks to be in trouble
12:24 Uttam : weak longs being forced out looks like?
12:25 Boppanna : Sorry Ignore 12:24 Boppanna : 28100ce looks to be in trouble
12:25 Uttam : trifecta of reds at lows in this bar but price not going lower
12:25 Phani : (11:56) Phani : mostly as i see all longs are trapped below 20 , inplay in NF
12:25 Uttam : yes Phani could be those guys getting out at cost?
12:26 Phani : +1
12:29 Jitender : 840 ?
12:31 Uttam : RB at 11010 near that morning buyer of 11006
12:32 Uttam : COT also turning a bit greener but looks like fresh reds coming?
12:33 Boppanna : That 28100ce needs a push below 145-155 this is holding so far below that a IMO
12:33 Boppanna : *a dump
12:35 Uttam : 11040-45 test coming?
12:37 Shai : 142 still put big guy – (12:24) Boppanna : 28100ce looks to be in trouble
12:37 Shai : 27930 zone
12:38 Shai : (11:26) Shai : 27925- 940 zone a supp now
12:38 Boppanna : thx Shai
12:38 Shai : will be severe if he liquidated
12:38 Shai : 27860 ina min alsi
12:38 Boppanna : +1
12:38 Shai : also*
12:38 Jitender : n quick
12:39 Jitender : but one spike up nt ruled out
12:41 Uttam : (12:35) Uttam : 11040-45 test coming?
12:42 Uttam : loads of greens here in NF
12:42 Uttam : BNF also some greens
12:43 Uttam : more strength in NF only if sustains above 11045
12:44 Jitender : spx recvrn
12:53 Jitender : again bck to -13
12:53 Himanshu : crude correcting below VWAP
12:54 Himanshu : minor support at 4150
12:54 Himanshu : below ..
12:55 Uttam : 2L green
12:56 Jitender : maruti 6488-6406
12:56 Boppanna : On watch 12:33 Boppanna : That 28100ce needs a push below 145-155 this is holding so far below that a IMO
12:57 Uttam : 22k red at 2625
12:57 Uttam : 277-312 28k PE booked 50%
12:57 Shai : Intra – short BNF below 27890- 900 sl of 27996 tgt 27750
12:57 Boppanna : +1 Same trade Uttam
12:57 Uttam : super Bops 🙂
12:57 Phani : prices likely to test under ground water levels of banglore 🙂
12:58 Uttam : big vols in thsi bar i nboth
12:58 Uttam : 50k red at lows in BNF
12:58 Uttam : 27876
12:59 Jitender : 870 (12:29) Jitender : 840 ?
12:59 Prudhvi : this 2.4 guy is SL?
12:59 Shai : yes
12:59 Shai : BNF should move lower to neutral also
12:59 Uttam : 28k PE can do 365 Shai?
13:00 Shai : cover order- (12:59) Prudhvi : this 2.4 guy is SL?
13:00 Shai : COT redued
13:01 Shai : 340/ 365- (12:59) Uttam : 28k PE can do 365 Shai?
13:01 Uttam : yes COT recovered from -3L to -72k now
13:01 Uttam : thanks Shai
13:04 Uttam : that 50k red in trouble Shai?
13:04 Uttam : or thats a mix of orders?
13:06 Uttam : NF has 0s at lows, planning for a FA 😉
13:08 Boppanna : Comeon BNF get that 800 atleast in the next dip
13:11 Uttam : 11000 OI getting ready for bearish crossover
13:13 Uttam : 27960 ref in BNF
13:14 Boppanna : Ok Uttam ur I is here
13:14 Uttam : exited rest of that 28k pe at 296
13:14 Uttam : will re-enter above 303
13:16 Uttam : another 23k red at lows in BNF
13:17 Shai : BNF 27855-60 . Book the BNF trade
13:17 Jitender : touch down 840 (12:59) Jitender : 870 (12:29) Jitender : 840 ?
13:18 Jitender : DT done….
13:18 Jitender : time fr coffee
13:19 Uttam : 303-321 round 2 in that 28k PE
13:19 Uttam : kept one last one for 330
13:22 Jitender : congo Uttam
13:23 Uttam : exited at 312 last one too
13:23 Uttam : thanks Jit
13:23 Uttam : will look to enter again later
13:24 Uttam : was looking for 339 in that PE
13:24 Uttam : but that 23k red at lows made me book earlier
13:25 Shai : 840 guy sl
13:26 Shai : guess he put half at cost after liquidting on top
13:26 Uttam : oh ok Shai +1 thanks 🙂
13:27 Uttam : going t0 27960 looks like BNF
13:27 Jitender : dbl bttm in last 3 bars
13:27 Uttam : HI making low today 😉
13:30 Uttam : boom
13:30 Jitender : take it over 940 (13:27) Jitender : dbl bttm in last 3 bars
13:30 Uttam : (13:27) Uttam : going t0 27960 looks like BNF
13:31 Jitender : mkt gives enuff oppor..nvr rush to trade…wait fr it to come to u…..inspite of being dwn at open….daily labour tgts met n abv
13:32 Uttam : +100 Jit
13:32 Shai : 11030 expected
13:32 Shai : sl of 10980
13:33 Jitender : tx #bear hunter
13:33 Uttam : Done…(13:27) Uttam : going t0 27960 looks like BNF
13:33 Jitender : danke (13:30) Jitender : take it over 940 (13:27) Jitender : dbl bttm in last 3 bars
13:33 Uttam : timely exit in that 28k PE 🙂
13:33 Jitender : +1
13:33 Uttam : 27962 high
13:34 Jitender : 1.30 has been struck
13:34 Uttam : more can come though
13:35 Uttam : 11016 minor res in NF
13:35 Uttam : above that Shai’s 11030 & then 11045
13:38 Uttam : 11000 OI same in CE & PE
13:38 Uttam : 22.9L
13:38 Uttam : who will blink?
13:43 Uttam : BNF for 28020-45?
13:54 Boppanna : Uttam making bell in BNF?
13:55 Uttam : (12:21) Uttam : inside bar so far & a balance in both
13:59 Uttam : 11027 in NF so far – Shai’s 11030 is here
14:00 Shai : yes 45 on that RB
14:00 Uttam : +1
14:05 Jitender : PG to hold a presscon aftr meetn with exporters
14:05 Shai : Looks like a turf war between Piyush and Nirmala
14:07 Jitender : hmmm
14:11 Shai : 27840 guys lookmliquidated
14:11 Shai : liquidated*
14:11 Shai : may not hold if tested again
14:19 Shai : NF sl of 11035 . one trip back to test day lows due
14:26 Uttam : IBL holding in NF
14:27 Uttam : needs to get above VWAP now for a close at highs
14:28 Himanshu : Boom
14:29 Uttam : 42k green at vwap
14:29 Uttam : 13k in BNF above 0s at vwap
14:29 Uttam : 11045 last hurdle
14:30 Shai : sl- (14:19) Shai : NF sl of 11035 . one trip back to test day lows due
14:36 Jitender : slap bck
14:37 Uttam : that 16k green stuck at top exiting here in NF
14:37 Shai : BNf also going down to 860
14:37 Jitender : 900 had buyrs who took it up
14:37 Jitender : if tey gv up
14:38 Jitender : aah..chief has already said it 🙂
14:38 Uttam : close at dPOC or VWAP in both?
14:39 Jitender : (11:57) Jitender : Himanshu…i expect volatility(11:58) Jitender : n dpoc my ref(11:58) Jitender : or magnet
14:39 Jitender : pendulum trades bth sides revertn to mean 🙂
14:39 Uttam : +1 good set for for the rest of the week though
14:40 Uttam : good set up*
14:40 Uttam : 11200 or 10800 one of the 2 could come this week
14:41 Jitender : final mve ime
14:41 Jitender : time
14:41 Himanshu : Jit +100
14:43 Himanshu : If Crude and USD misbehaves – 10800 might come first
14:43 Himanshu : crude again spiking from 4200
14:47 Shai : 27846- (14:37) Shai : BNf also going down to 860
14:47 Shai : new day lows still waited in NF
14:47 Uttam : close below 27830 will be bearish
14:47 Shai : should do 10962
14:48 Uttam : +1 Shai
14:49 Uttam : 31k red again stuck in BNF at lows
14:52 Uttam : Jit giving the 3:05 move?
14:57 Jitender : hmmm
14:58 Boppanna : O=L looked doable in BNF buggers didn’t let it happen
15:02 Himanshu : yes
15:02 Himanshu : whole day was kept scaring
15:03 Shai : bell in BNF
15:04 Shai : NC i n NF
15:04 Shai : could be good tom to trade directional in BNF
15:09 Jitender : a close at lows wud have been good fr bulls
15:18 Uttam : +1 Shai (15:04) Shai : could be good tom to trade directional in BNF
15:19 Himanshu : directional on upside UG ?
15:24 Uttam : Neutral Close Himanshu
15:28 Himanshu : Ok hence we consider directional tomorrow
15:28 Himanshu : howevr Direction will be clear tom only
15:28 Shai : yes
15:28 Shai : neutral means bioth parties equal today
15:28 Himanshu : + 1
15:28 Shai : tom some one will be bent
15:29 Himanshu : Let me knwo when to call LIC
15:29 Shai : Nifty spot looking down for 10900
15:29 Himanshu : Hain ?
15:29 Shai : Bye all
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Have a nice evening
15:29 Himanshu : bye all
15:29 Mani : bye all