When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade.
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
BNF
Room Chat
08:40 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/960289709
08:40 Vtrender Live : 5 min charts – https://join.me/503-905-583
08:41 Vtrender Live : 5 min BNF charts, password vtrender- https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
08:45 Chandrashekhar : Gm all
08:52 Shai : GM all
08:52 Shai : 12870 ref line for the NF troday
08:52 Shai : Ability to open and stay above 12900 is bullish today
08:52 Shai : can tgt FA at 12976
08:55 Shai : BNF swing supp at 28400 remains strong
08:55 Shai : Auction forming a balance
08:56 Shai : 30057 for day to watch for any vols on upsides
08:56 Shai : 28900 imm supp next few days
08:56 Shai : we will keep a bullish outlook today as long a sprice trades abv 12870
09:04 Rusi : Gm all
09:08 Ankush Jain : GM all
09:09 Uttam : Good Morning All 🙂
09:18 Shai : NF opened with supply at highs
09:18 Shai : 12920 a supp for this open
09:19 Shai : can test that FA of wed
09:19 Shai : BNF open rejection – may want to test 29130\
09:22 KK : BNF ?
09:24 Shai : devloping OAOR in NF
09:25 Augustin : Good morning.. Returning after several years 🙂
09:26 Shai : Wb
09:26 Uttam : welcome back Augustin 🙂
09:27 Augustin : Tks 🙂
09:27 Uttam : no vols in BNF above 29500 Shai?
09:28 Shai : none
09:28 Bhuvan : shai now holding 12700pe n 13100 ce, hope its fine ?
09:29 KK : polarity change in BNF ?
09:31 Shai : Abv 29470 only
09:34 Shueb : What is FA of Wednesday in nifty ?? i’m sry new here first day today 🙂
09:36 Uttam : FA means Failed Auction and you can read more about it here – https://vtrender.com/of-failed-auctions-and-revisits/
09:36 Shueb : Thx
09:38 Ankush Jain : blur, red & IS
09:39 Shai : 29470 holding
09:39 Shai : NF for 12970
09:39 Uttam : 12870
09:39 Shai : 12870**
09:39 KK : 870*
09:41 Shai : Buy 12900 pe at 88- 89 sl of 76 tgt 105/ 113
09:41 KK : RIL keeps on spoiling down moves
09:42 Shai : below 29298 we get that test in BNF of 29130
09:43 Shai : 100 – (09:41) Shai : Buy 12900 pe at 88- 89 sl of 76 tgt 105/ 113
09:43 Jitender : vix goes green
09:43 Ankush Jain : 98 in that pe
09:43 Shai : saw where it stopped- 29467- (09:29) KK : polarity change in BNF ?(09:31) Shai : Abv 29470 only
09:44 Jitender : +1
09:44 Shai : 29190
09:45 Shai : 12921 trailing for NF now
09:46 Ankush Jain : & for 12900 pe?
09:47 Shai : 78 still
09:49 Shai : 29170 is book zone for BNF shorts here
09:50 Shai : Book some in 12900 pe also . sl at 85 on rest
09:51 Favas : no chart?
09:51 Shai : trail sharp at 85 in 12900 pe or book out
09:54 Shai : BNF collapsed
09:54 Himanshu : Out – 29500 CE – 330 -277
09:54 Tejpreet : 400 from that 470 bn ….managed 210 ….nice start to the morning +1 Shai
09:54 Himanshu : +1 tej
09:54 Shai : That pink band is working mnagic there
09:54 Shai : no pink in NF
09:55 Rusi : out of BN short
09:55 Ankush Jain : pink in NF
09:56 Rajesh G : join me stopped
09:57 Rohit : Working ok
09:57 Shai : Book fully the 12900 pe
09:57 Rajesh G : shai which pink band
09:57 Shai : No trades open now
09:58 Vidhyasagar Lingesan : Shai BNF 3 IS
09:58 Shai : yes hence dropping more than NF
09:58 Tejpreet : Again huge vol bn 4 5mn >10k
09:59 Viswas : whatyy
10:00 Prashant : so many greens bnf, still falling
10:00 Ankush Jain : these bands are just wow
10:03 Shai : BNF can drop more
10:04 Ankush Jain : Shai that overnight range is valid on closing basis?
10:05 Shai : yes
10:05 Chandrashekhar : below 870 NF can do 840>780 shai?
10:05 Shai : can
10:05 Shai : BNF heavy vol
10:06 Shai : NF is not even 25% of that
10:07 Shai : OR play done now – (09:19) Shai : BNF open rejection –
10:08 Shai : All shorts booked BNF
10:08 Shai : red band closes
10:09 Shai : Indeed they are – (10:00) Ankush Jain: these bands are just wow
10:09 K2dt : mkt falling on rising cases i guess..lets see if buyers come back
10:09 Shai : No more mumbo jumbo trading now on Orderflow data a
10:10 K2dt : +1lac chief _/\_
10:10 Viswas : congo K
10:11 Shai : hdfcbank and icici dropped 240 in that 290 point BNF drop
10:11 K2dt : actually it is 0.6 of that V.. 🙂
10:11 K2dt : tx V
10:18 Shai : no green band – no contra buys \
10:19 Shai : stay focussed
10:19 Viswas : no red bands in nifty still dropping with bnf chief. huge volatility
10:20 Viswas : something coming? newsflow or this is just normal moves?
10:21 Porus : Pvt banks fall likely linked with RBI internal Working Group report requiring banks to setablish Non Operating Holding Cos. Only a report tho.
10:21 Shai : Open rejctions are not normal
10:22 Shai : Thanks Porus- (10:21) Porus : Pvt banks fall likely linked with RBI internal Working Group report requiring banks to setablish Non Operating Holding Cos. Only a report tho.
10:22 Shai : explains the volumes
10:23 Viswas : noted chief.
10:24 K2dt : UG chances of c side in nf?
10:25 Porus : JM report attached on Slack
10:25 K2dt : tx P
10:26 Rajesh G : shai which pink band, is it the red with blue
10:27 Shai : It is red* not pink . My bad
10:29 Shankar : GM. Where can I find info on these bands?
10:29 Rajesh G : ok thanks shai
10:30 Jitender : Shankatr..its in learning-strategies channel
10:30 Jitender : Shankar
10:30 Jitender : summary of bands webinar
10:34 Shai : Red/ Green Noise in NF
10:34 Shankar : Thanks Jitender
10:35 Bhuvan : sign of choppiness
10:35 K2dt : chief since a few days we r having massive IB range in nf… r we kind of balanced in a bigger range?
10:41 Chandrashekhar : c ke end mein RE…Uttam, whats the plan?
10:43 Chandrashekhar : looks like no RE in C
10:44 K2dt : yes C..that rb spolied it
10:44 Chandrashekhar : good as far C dhokha isnt there
10:44 Chandrashekhar : D may give now
10:44 Shai : 12920 still the area where supply came
10:45 Shai : 12840 -12830 supp
10:45 Shai : BNF 29150 supply zone now
10:49 Uttam : 1927 geeen in NF is a roll Shai?
10:49 Uttam : 12845
10:50 K2dt : cheif joinme zoom in pl
10:52 Shai : not fine?
10:52 Uttam : that green is as big as the one we saw on Friday at lows
10:52 Viswas : 1927 at 844-VAh big green in last red candle, what that means here.
10:52 K2dt : little bit zooom chief
10:52 Uttam : 0s at 12860 ref in NF now
10:53 K2dt : perfect
10:53 K2dt : tx chief
10:53 Shai : current sell side volume in NF is not good to berak 12800
10:54 K2dt : chief i think i can speak for everyone…i did not think we would have thought that we’ll adjust to no of contracts traded view from total qty this quick… 🙂
10:54 K2dt : no of contrcts is much much efficient
10:54 Himanshu : Yes
10:54 Shai : 🙂
10:54 Himanshu : Visual Vix has reduced
10:54 Shai : I told you then 🙂
10:54 K2dt : +100 chief
10:55 Devkant : Shai last friday 1985 buyers took NIFTY at high. Might happen today also
10:55 K2dt : lol H…definitely
10:55 Himanshu : Those lakhs were scaring me ..
10:55 Himanshu : my strike is now 200 points closer now
10:55 Arjun : BF upperday and lowerday values increased. Few min agao lowerday was at 28200 and upperday was 29600 around
10:56 Arjun : if it increases with selling – any point of note ?
10:56 K2dt : monster vol in 1045 candle
10:58 Chandrashekhar : +1..that C to D transit
10:59 K2dt : yes C.. +1 to that
10:59 K2dt : nf takes out all the middle 0s
11:01 Shai : Those are vol driven numbers and will change when vol changes drsatic- (10:55) Arjun : BF upperday and lowerday values increased. Few min agao lowerday was at 28200 and upperday was 29600 around
11:01 Shai : Are meant to be dynamic and not static with ability to track movement at all times
11:02 Shai : unless we get a bogger player than the 100 contracts we booked at 12844, this market cannot break 12800 now- (10:53) Shai : current sell side volume in NF is not good to berak 12800
11:02 Shai : 1000**
11:03 Chandrashekhar : +1 shai
11:04 Prashant : Shai, how can that be one buy at 1927 contracts. Surely, must be some accumulated number of various levels? I mean so much buying and at the same time, so many sellers present at that one level ony? Is that so?
11:04 Shai : is accumulated vol
11:05 Shai : but in Orderflow we are looking at demand supply
11:05 Shai : As mentioend current supply got cut off in NF
11:05 Shai : for those new to bands and Orderflow follow this – https://youtu.be/dREsiFZc9J8
11:08 Uttam : (10:52) Uttam : that green is as big as the one we saw on Friday at lows
11:08 Viswas : nifty can test vwap?
11:24 Viswas : RIL leading
11:25 Ravi : at the top end of the targets for this period
11:25 Ravi : NF
11:26 Uttam : BNF going for VWAP too?
11:26 Uttam : NF can tag 12910
11:27 Ravi : wat a timing UG
11:27 Uttam : _/\_
11:27 Uttam : IB at vwap
11:27 Uttam : as Shai said no mumbo jumbo
11:27 Uttam : back to back IBs
11:28 Uttam : 12908 high in NF
11:28 Uttam : 3-1-3 profile in both for now
11:28 Uttam : but good chance of yet another Neutral Day coming up
11:29 Uttam : almost there – (11:26) Uttam : BNF going for VWAP too?
11:30 Uttam : 1462 green in BNF at vwap
11:30 Ravi : Uttam- a probable FA in NF right?
11:31 Uttam : yes R
11:31 Favas : chart updatation slow?
11:31 Chandrashekhar : green band out in NF now, BNF continues
11:31 Favas : ug pls revert
11:31 Uttam : charts seem fine F
11:31 Chandrashekhar : charts fine here
11:31 Favas : tnx
11:32 Himanshu : Phew – 90 Points – in 28500 PE short
11:32 Himanshu : green band is on .. but me fuss
11:32 Himanshu : that 29130 -140 Band of earlier level playing in mind
11:33 Vidhyasagar Lingesan : 1652 green just above VWAP shorts SL?
11:34 Viswas : done nifty-870-906
11:34 Viswas : bnf tested vwap UG. you are eagle 🙂
11:43 Devkant : 121 Red Box @VWAP NF
11:46 Viswas : vwap acceptance or this is like a vwap day.
11:56 Shai : 12920 is still old supply
11:56 Shai : trying to cut demand now
11:56 Shai : Auction got locked as a result
11:57 Viswas : noted chief
12:03 Shai : 12855 doable again sl of 12920
12:03 Shai : Auction shoudl float now
12:03 Uttam : (11:28) Uttam : 3-1-3 profile in both for now
12:03 Shai : 120 in 12900 pe
12:13 KK : bnf not going down
12:14 K2dt : yes K mkt stalling again
12:14 KK : so now, if it takes 29150 ..
12:15 Uttam : some greens in BNF
12:18 Viswas : bnf trading with good vol., nifty dull right ug?
12:22 Viswas : no good vol. at vwap as compare to last 3 days(normal days)
12:25 K2dt : lagta hai bandh ho gaya mkt :p
12:26 Shai : (11:05) Shai : As mentioend current supply got cut off in NF
12:27 Shai : (10:44) Shai : 12920 still the area where supply came(10:45) Shai : 12840 -12830 supp(10:45) Shai : BNF 29150 supply zone now
12:27 K2dt : vix still making higher highs chief
12:27 Shai : (10:08) Shai : All shorts booked BNF(10:08) Shai : red band closes
12:27 Shai : demand is not enought here
12:28 Manik : are we neutral here?
12:28 Shai : Addistion of supply through red bands is next trigger
12:28 K2dt : +1
12:28 Shai : it was just shorts and shorts booking
12:29 Viswas : big one
12:29 Shai : swing wise this 12700- 12870 zone niow a dead one
12:29 Jitender : spx spiking
12:29 Shai : if autcion takes out the FA we get another leg up
12:29 Shai : else expect expiry near 12870 this week
12:31 Bhuvan : shai then can we sell 12850 n 12900 straddle ?
12:31 Viswas : single zero in bnf at dpoc
12:34 Gopi : repeating friday ?
12:35 Jitender : gave 100 bps bnf (12:29) Jitender : spx spiking
12:36 Uttam : (12:15) Uttam : some greens in BNF
12:36 Viswas : +1 Jit 880 to 910
12:36 Uttam : stuck red 875 in BNF at 28900 zone with overlapping POC on 5mins
12:36 Uttam : got this move above vwap
12:37 Uttam : focus on OF, baaki sab …..
12:37 Jitender : congo Vishwas
12:37 Uttam : 1314 green in BNF once again above vwap
12:38 Uttam : last time it gave a dip but this time getting accepted above it
12:39 Jitender : mkts are 2 fast esp bnf..algo driven..be focussed n sure with yr enteries everyone
12:39 Jitender : and SL is ye best friend…dont forget it
12:40 Uttam : BNF has an extension handle it left in B period
12:40 Uttam : can it tag it
12:40 Uttam : 29202
12:45 K2dt : UG today’s hypos pl
12:47 Devkant : Uttam that 154 green box trapped?
12:47 Devkant : in NF
12:48 Uttam : K now that we have the dynamic 30min levels every TPO, those would give the important references so discontuied the daily hypos
12:48 K2dt : got it UG..tx
12:48 Uttam : @D we are forming a 3-1-3 profile and this 12920 is the upper end of today’s profile as above it we have singles
12:48 Uttam : so can expect some action in this zone
12:48 Rajesh G : ug those yellow bands
12:49 Uttam : yes R yellow bands with the numbers
12:49 Uttam : 29199.9 = (12:40) Uttam : BNF has an extension handle it left in B period(12:40) Uttam : can it tag it(12:40) Uttam : 29202
12:56 Shai : 12900 pe trade stopped out
12:56 Shai : No trade open
12:56 K2dt : nifty has become like anandbhai from munnabhai mbbs…not giving any signal :p
12:57 Himanshu : And not shaved also ..
12:57 K2dt : looooolllll H
12:57 Himanshu : is french cut – Banks down – IT /Rel holding
12:58 K2dt : hahaaha
13:00 Himanshu : Heard Biden has dimentia and he is likely to forget all promises made .
13:01 K2dt : also Kamala will take over if anything happens to him
13:01 Himanshu : for now Obama is only physically fit and apt – should he be allowed,
13:02 K2dt : +1
13:02 Devkant : and American public would say to Biden “aap ke saath chota sa prank hua hai
13:03 Himanshu : with hardly 10/15 % of usual campaiging due to covid etc –
13:03 Himanshu : He looked fatigued..
13:03 Himanshu : Unlike our Champion Sir –
13:04 K2dt : haha.. definitely H.. modi id definitely the fittest of all if age is considered
13:05 Himanshu : If he woudl have campainged – any president he supporetd can win,,
13:05 K2dt : +100
13:05 Prashant : He did campaign…and trumplost
13:06 Himanshu : It was pre – covid campaign rather
13:06 Himanshu : in Hsuton and win was sealed I guess,,
13:06 Himanshu : Trump treated Covid – same as he treaetd china and N korea
13:06 Prashant : Though Trump has notlost, according to trump
13:07 Himanshu : thats where he shot himshelf ..
13:12 Viswas : vwap in flash
13:13 Chandrashekhar : too many reds in BNF
13:13 Vidhyasagar Lingesan : 1625 at DPOC
13:15 Chandrashekhar : NF not giving up @ Vwap
13:16 Ankush Jain : forming a balnce NF
13:18 Shai : not much supply now in NF actually
13:18 Shai : BNF opp
13:18 Shai : high risk market
13:18 Shai : not aligned
13:19 Sanjib : BNF VWAP is almost a straight line
13:21 Himanshu : That level is key level
13:27 Uttam : (11:28) Uttam : but good chance of yet another Neutral Day coming up
13:31 Chandrashekhar : Uttam, can we say we have a poor high i NF?
13:32 Uttam : no C mornign high at 12956
13:32 Uttam : 12934-12956 singles still
13:32 Chandrashekhar : ok so we have to get 2-3 TPO’s at same level is it??
13:33 Viswas : tight fight around 920
13:36 K2dt : comeon nf tag that fa
13:37 Shai : NF green band supp 12907 into clsoe
13:37 Shai : can do that FA
13:39 Shai : 12976 tgt of these greens
13:39 Vidhyasagar Lingesan : What is the level we can go Long Shai?
13:39 Shai : sl now 12918
13:39 Vidhyasagar Lingesan : Thanks
13:40 Uttam : BNF also looking good here
13:40 Uttam : needs to stay above 29250
13:40 K2dt : now poor high in nf
13:40 Uttam : @Chandra you wanted to see how poor highs look 😉
13:40 Uttam : you did this
13:40 Chandrashekhar : BNF got good vol in last 5 min candle
13:41 K2dt : why chandra why :p
13:41 Chandrashekhar : ha ha thanks Uttam, live learning…
13:41 Chandrashekhar : now that we have seen can we repair it please;)
13:44 Uttam : abki baar 13 hazaar 😉
13:44 Chandrashekhar : 12900 CE oi also dropping..PE OI is coming up
13:45 Uttam : J for joker period on here, lets see what it has in store
13:48 Viswas : why vix not cooling?
13:48 Uttam : higher Vix is good for markets V 🙂 why you want it to cool
13:49 Uttam : and we are just 20.6 here ‘
13:50 Viswas : mrkt rising vix also. that’s y asked
13:52 Shai : 12965
13:52 Chandrashekhar : End of Auction here?
13:52 Chandrashekhar : 1572 reds @ 960
13:52 KK : where ?
13:52 Chandrashekhar : or is it SL?
13:52 Chandrashekhar : NF
13:52 Chandrashekhar : and we have 0’s above
13:52 KK : only 3 0s ?
13:53 Shai : profit booked
13:53 Chandrashekhar : so we have to look for any fresh buy to porbe higher?
13:54 Uttam : done – (11:28) Uttam : but good chance of yet another Neutral Day coming up
13:54 Shai : Book all NF
13:54 Shai : green stopped
13:54 Chandrashekhar : J for Joker Uttam?
13:54 Uttam : 🙂
13:54 Shankar : Is the 1580 sell figure in NF significant?
13:54 Uttam : Spot not making new highs
13:54 Uttam : 12963 was prev week’s FA in it
13:55 Uttam : mornign high was 12962
13:55 Uttam : and right now 12960
13:55 Uttam : sorry 12950 now
13:55 Shai : first supply came at 12960 in 2 hours – (13:18) Shai : not much supply now in NF actually
13:55 Shai : All green bands till then
13:56 Shai : NF can tag upto vwap
13:56 Shai : 10 short- (13:39) Shai : 12976 tgt of these greens(13:39) Shai : sl now 12918
14:04 Chandrashekhar : one more red@ 970..1333
14:04 Prashant : perfect
14:04 K2dt : 0s.. EOA
14:04 Uttam : (13:40) Uttam : BNF also looking good here(13:40) Uttam : needs to stay above 29250
14:04 K2dt : 101-129 12900ce
14:04 Uttam : by the way FA confirmed in NF at lows
14:04 Chandrashekhar : FA has been tagged here right Uttam?
14:05 K2dt : haan yes UG.. abki baar 13500 :p
14:05 Rajiv Ohri : Shai are these reds rolls by any chance
14:05 KK : this time it is
14:05 Uttam : 12983 is 1 atr from todays FA
14:06 Uttam : spot also making new highs
14:06 Devkant : 5 sets of 0’s in NF
14:07 Vidhyasagar Lingesan : Greens stuck at the top in BNF?
14:08 Rusi : dont take panga with large lot sellers 🙂
14:09 Shai : 11945 guy got perfect exit
14:10 Shai : High risk long in 12900 pe at 70 sl of 60 tgt 87. can wait for red band also
14:12 Shai : selelrs not yet entered
14:13 Shai : has to come below davah for them to enter
14:13 Chandrashekhar : +1 Shai
14:13 Chandrashekhar : K starts here
14:13 Rajiv Ohri : Mota is going to help the sellers
14:19 Shai : dvah NF
14:20 Chandrashekhar : below 930 890 >860 probables in NF shai?
14:20 Shai : 919 a supp again
14:21 Shai : expecting 12919 here sl of 12967
14:29 Rajesh G : test
14:34 Shai : red band ?
14:34 Chandrashekhar : only in BNF we have
14:34 Chandrashekhar : NF is grey
14:34 Chandrashekhar : sorry only blue for now in NF
14:34 Viswas : nifty me chahiye ab
14:34 Shai : yss wondering why the sellers not int in NF here
14:38 Rajesh G : 6 min to go
14:39 Viswas : 940 pe atak raha hain
14:40 Chandrashekhar : BNF beow vwap thouugh
14:40 Chandrashekhar : ah red band now in NF
14:43 Viswas : ye to hadd ho gayi…heheh
14:43 Shai : got taken out agaion
14:43 Shai : green band came right abv it
14:43 Chandrashekhar : looks like LLT sellers ka broker server down he…
14:43 Sumeet : confounding day..
14:44 Shai : clsoe at cmp- (14:21) Shai : expecting 12919 here sl of 12967
14:44 Himanshu : Chief BNF – view
14:45 Vidhyasagar Lingesan : BNF red is still there… Shd we exit there aas well?
14:45 KK : vaccine news keeping it volatile ?
14:45 Shai : 28950 was obj oif red band in BNF
14:45 Shai : done for now
14:45 Vidhyasagar Lingesan : oK thanks shai
14:46 Himanshu : OK
14:46 Uttam : NF can spike Shai?
14:46 Uttam : NeuX set up with FA at lows?
14:55 Bhuvan : shai based on tomorrow range can 12750pe and 13100ce can be sold ?
14:56 Shai : 12700 better
14:57 Bhuvan : ok shai thanks
14:57 Viswas : can we do 919 below-dvah. 30mnts left
14:59 Himanshu : seems now ready to align both
15:06 Viswas : more 10pt
15:08 Himanshu : UG – Shake BNF – 28800
15:11 Uttam : dPOC close in both looks like
15:11 Uttam : market giving balance pe balance 😉
15:18 Shai : yes was a 3 week imbalance
15:18 Viswas : 5th day closing in same range ug
15:27 Shai : day slowed significantly into clsoe
15:27 Shai : was big volume in A and B
15:27 Shai : Another neutral day
15:27 Shai : 4th in a row
15:28 Uttam : yep NF 4th Neutral
15:28 Shai : setlement day shoukd trend day
15:28 Shai : till then we trade slow
15:28 Uttam : 🙂
15:28 Shai : have a nice evening everyone
15:28 Shai : catch up tom
15:28 Uttam : thanks All 🙂 have a lovely evening
15:28 Bhuvan : thanks shai