Order Flow charts dated 8th May

A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an OrderFlow chart.

Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.

NF

30 Min Fp Nf 4 Order Flow Charts Dated 8Th May Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

30 Min Bnf Bid 4 Order Flow Charts Dated 8Th May Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:57 Vtrender Live : (08:55) Vtrender Live: options screen – https://join.me/677-169-060
(08:56) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/211389853

09:23 Shai : (09:23) Shai : TRade update – Book the 11300 pe fully. high is 257 against our tgt of 264. Book out

09:31 Shai : (09:31) Shai : Intra- Sell NF 11487 sl of 11523 tgt 11448. Trade small size

10:17 Shai : (10:16) Shai : Update – Book the NF at 11473 here

12:18 Shai : (12:18) Shai : Intra – Sell BNF 29300 sl of 29390 tgt 29130

12:34 Shai : (12:34) Shai : Put exit orders for the BNF shorts at 29300 cost. Let\’s wait this eriod out.

13:52 Shai : (13:52) Shai : short BNF below 29310 sl of 29401 tgt 29180 c,mp 29325

14:04 Shai : (14:03) Shai : BNf at 29235. Book half and ride the rest at cost

14:21 Shai : (14:21) Shai : Book the balance short in BNF 29270

14:36 Shai : (14:36) Shai : BTST- Buy 29200 PE at 158-160 sl of 117 tgt 250.
(14:36) Shai : 08th May

14:58 Shai : (14:58) Shai : Book fully the BTST 29200 PE at 232- 235 here cmp. 242 is highs against tgt of 250.


08:55 Vtrender Live : options screen – https://join.me/677-169-060
08:56 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/211389853
09:02 Shai : GM all’
09:02 Sumesh null : cant go to these links, tapps
09:02 Sumesh null : 100 times
09:07 Shai : https://vtrender.in/market-profile-analysis-dated-7th-may/
09:07 Jitender : Gm Folks 🙂
09:07 Shubro : GM everyone!
09:07 Uttam : Good Morning All 🙂
09:08 Shai : Neu extreme profile yesterday with FA at 11692 F reconfirming the prev one at 11695 F
09:08 Shai : stays weak below 11543 F all day
09:08 Uttam : @Sumesh you will need to install the GoToMeeting & JoinMe apps if you are logging in from your phone
09:09 AN : GM all.
09:09 Shai : 11406/ 11445 obj of the move is sustains below Neu X
09:09 Shai : BNF clean break below 29800 finally yesterday
09:10 Shai : 29254 supp below 29800
09:10 Uttam : BNF confirmed a weekly Fa at 29945 yesterday Shai
09:10 Uttam : 1atr comes to 29136
09:10 Deepak : gm
09:11 Anubhav null : helo
09:11 Uttam : chances of NF having no premium or getting into minus?
09:11 Uttam : compared to spot?
09:12 Sumesh null : i.plications?
09:13 Madhu : gm frnds
09:14 Deepak : Nf next support ?
09:16 Deepak : 11427 ?
09:17 TP : GM All.
09:17 Shai : (09:09) Shai : 11406/ 11445 obj of the move is sustains below Neu X
09:18 Deepak : ok thanks
09:18 Govind : Uttam, BNF FA was at 29545 or 29945?
09:19 Deepak : Shai Short since 11650 in Nf and BNf 30090
09:19 Shai : +1
09:19 Uttam : Fa on the weekly timeframe Govind, it was at 29945
09:19 Govind : Alright
09:21 Deepak : few days looks like fall – Economic slow down coupled with poor earnings now gaining belief
09:22 Shubro : led by Mr. Drumpf
09:22 Deepak : Today have a news in Economic Times of USA planning China type trade tariffs on India due to unfair duty structure on US goods in India
09:23 Anubhav null : if its true zhort it and pharma
09:23 Shai : TRade update – Book the 11300 pe fully. high is 257 against our tgt of 264. Book out
09:24 Deepak : Economic slowdown is for sure – dont what transpired in Modi meeting with US commerce secretary yesterday
09:24 Anubhav null : 11530 coming?
09:28 Shai : OAOR more likely
09:29 Anubhav null : ok
09:29 Anubhav null : greens r shorts covering
09:31 Shai : Intra- Sell NF 11487 sl of 11523 tgt 11448. Trade small size
09:33 Boppanna : Shai how is the 15 min vol in BNF above avg?
09:34 Shai : under
09:34 Boppanna : thx
09:34 Uttam : BNF relative less but NF has good vols today
09:34 Uttam : 13L in first 15mins
09:37 Deepak : Shai – i think if 29211 breaches in BNF we are looking at big fall upto 26650 ?
09:37 Boppanna : 320 on watch BNF
09:37 Anubhav null : bnf holdin vwap
09:38 Shai : yes Deepak
09:38 Deepak : Thanks Shai
09:38 Shai : OAOR playing out
09:38 Shai : patience needed on new entries
09:44 Deepak : I saw the hourly TF play out into Daily TF sell too – so looking at long range
09:50 Uttam : Shai we again have a difference in the 30min POC of NF today
09:50 Anubhav null : vix falling?
09:51 Subhodeep null : whatwaszl for short on nifty?using mobile hence can’t accesspast msgs
09:52 Uttam : 11523
09:52 Uttam : you not there on slack Subho?
09:55 Anubhav null : pdl resis
09:55 Subhodeep null : yes Uttam
09:56 Shubro : looks like gayee bhais pani mein ….part II
09:57 Jitender : 🙂
09:58 Anubhav null : weekly put writers wont defend?!
10:02 Shai : watch that 263- 273 in the 11300 pe may
10:02 Shai : am expecting 1000 in it is we go past
10:03 Uttam : _/\_
10:03 Shubro : when do we reenter Shai?
10:04 Anubhav null : wow
10:06 Uttam : 225 sup in that PE for now Shai?
10:09 Shubro : the question Shai if the US china spat resolves tomorrow and we are back up again
10:09 Shubro : tomorrow/10th
10:11 Anubhav null : yes trump is a fickle bitch
10:11 Shubro : yes so staying light is probably a good idea as Jit says after a nice day yest
10:12 Uttam : guys we have been leaving extension handles here on monthly & weekly charts so PLR is firmly to the downside hrre irrespective of what happens in US
10:12 Shubro : SUbho + 100 to our chat as well
10:13 Uttam : Nifty spot 11613 & BN Spot 29700 imp ref now on the upside
10:16 Shai : Update – Book the NF at 11473 here
10:16 Anubhav null : reds
10:16 Uttam : C side ext in both
10:17 Uttam : and some late reds looks like in NF
10:17 Shai : never trust the job to the C guys 🙂
10:17 Shai : they mess it
10:17 Uttam : 🙂
10:17 Uttam : nice teade nonetheless Shai +1
10:17 Uttam : trade*
10:17 Shai : +1
10:18 Shubro : yes +1 Shai
10:18 Anubhav null : long here?
10:18 Anubhav null : vwap tgt?
10:22 Thanika : +1 (10:17) Uttam : nice teade nonetheless Shai +1
10:23 Boppanna : Pivot short term IMO 09:37 Boppanna : 320 on watch BNF
10:24 Anubhav null : bot booked
10:24 Jitender : 3ib day yday fr bth
10:26 Anubhav null : if day low holds canwe try longs?
10:26 Shai : small contra for vwap
10:26 Shai : neu x is a sell on rises
10:27 Anubhav null : ok 🙂
10:27 Shai : (09:08) Shai : Neu extreme profile yesterday with FA at 11692 F reconfirming the prev one at 11695 F(09:08) Shai : stays weak below 11543 F all day
10:27 Shai : (09:09) Shai : 11406/ 11445 obj of the move is sustains below Neu X
10:28 Shai : will look to short near 11500 again
10:28 Shai : 29350 in BNF
10:29 Hari : can NF do 11534?
10:30 Shai : let’s see vwap and dvah first
10:31 Shai : see the losuy retail seling 37k in C at 11471 🙂
10:32 Anubhav null : stuck
10:33 Hari : Shai, that was the call from seminar sellers to sell below level 🙂
10:34 Anubhav null : morning range breakout
10:34 Anubhav null : lol
10:34 Hari : Shai profile charts got compressed again today, pls expans
10:37 Thanika : LOL 🙂 (10:33) Hari : Shai, that was the call from seminar sellers to sell below level 🙂
10:39 Shai : lol
10:40 Shai : vwap and back was quick
10:40 Thanika : an we adjust that 30mins OFA chart (top right – NF) in this room and expand it slightly.. i am not able to read that clearly
10:40 Shai : very intersesting vwap todaty for an OAOR- not allwoing price to pass up
10:41 Hari : but not convinced of this gap in NF, can test 530 once
10:43 Jitender : ys Hari…hghly oversold
10:43 Jitender : but need momentum
10:44 Hari : Vols in NF is very high in this gap down FYI
10:44 Thanika : Thanks!, it is clear now.
10:44 Jitender : i know
10:50 Hari : exited my NF longs at 482, so that it can move up 🙂
10:50 Hari : from below IBL
10:52 Anubhav null : puts falling
11:02 Hari : failure here can signify a trend day
11:03 Uttam : 11360 anyone today?
11:03 Hari : IT can fire Uttam
11:04 Uttam : big range day attracts big range day
11:04 Uttam : we had a 160 point range yesterday
11:04 Uttam : expecting a similar range today
11:06 Ashok null : sir what is the bank nifty open type
11:07 Uttam : OAOR
11:07 Uttam : Open Auction Out of Range
11:11 Hari : NF a potential b
11:13 Shai : It is (09:28) Shai : OAOR more likely
11:13 Shai : patience needed
11:14 Shai : value your emotional capital for first half
11:14 Shai : chill a bir. don’t overanalyse
11:18 Boppanna : C high 320 10:23 Boppanna : Pivot short term IMO 09:37 Boppanna : 320 on watch BNF
11:23 Boppanna : Why 320? OF watch in A period Thx to Uttam’s bingo hypos now can trail with 280 d) Below 29321, BNF could tag lower levels of 29220-211 & 29135
11:24 Jitender : +1
11:24 Jitender : new lows post tis (10:43) Jitender : but need momentum
11:29 Madhu : is thier ony open postion…
11:31 Boppanna : No Madhu
11:34 Shai : technical sell in BNF here 29250 for 29130 sl abv 29330
11:41 Anubhav null : rb in nf?
11:41 Madhu : ‘…
11:47 Madhu : no comment
11:47 Rajiv : Shai is this 49 K RS
11:47 Rajiv : RB i mean
11:47 Shai : RN ues
11:48 Shai : first major one since the sell off below 11600 yesterday
11:48 Jitender : yup
11:48 Rajiv : Coun no tunderstand this Shai : RN ues
11:49 Himanshu : DIIs defended yesterday – v/s FII sells in terms of value
11:49 Govind : I think he meant RB Yes, Rajiv
11:49 Shai : 11500 puts sold too
11:49 Shai : RB**- (11:47) Shai : R
11:50 Shai : major supp zone this 11350- 11399 spot zone
11:50 Shai : puts are not extensding since open
11:50 Shai : be alert on shorts but no case for a long yet unless scalping
11:51 Deepak : 29210 bnf good support ?
11:51 Shubro : Shai long case only if we cross NeuX correct?
11:53 Uttam : both NF & BNF do 1.5 IB down
11:55 Jitender : nw good chance for Hari’s bounce
11:55 Govind : 11432/426 coming Uttam?
11:55 Govind : That RB level is holding though, for now
11:55 Shubro : volumes low
11:55 Jitender : ys
11:56 Jitender : n bnf also held
11:56 Jitender : but dont hesitate fo SAR
11:56 Govind : SAR?
11:56 Jitender : stop n reverse
11:56 Shubro : stop and boing
11:56 Hari : both vwap of curving down
11:57 Hari : more downsides left
11:57 Hari : * both the vwaps are curving down
11:57 Hari : so far a nice trend day 11:02 Hari : failure here can signify a trend day
12:00 Anubhav null : will it be a fa above 11476 nf?
12:00 Anubhav null : n tag ibh
12:01 Jitender : 11.4ce 62-7
12:01 Jitender : 67
12:01 Jitender : half book
12:01 Hari : nice
12:02 Jitender : 29.2ce 138=152 half bk
12:02 Uttam : time for a bounce? too oversold both
12:03 Jitender : (11:55) Jitender : nw good chance for Hari’s bounce
12:03 Uttam : +1 Jit 🙂
12:03 Jitender : +1
12:04 Uttam : d) Below 29321, BNF could tag lower levels of 29220-211 & 29135…BNF low so far 29212
12:04 Jitender : all out 73
12:04 Uttam : d) Below 11496, PLR remains down for lower levels of 11477-460 & 11432-426…NF low 11455
12:05 Jitender : 12:04) Jitender : all out 73(12:01) Jitender : 11.4ce 62-7(12:01) Jitender : 67(12:01) Jitender : half book
12:05 Uttam : 29384 tag will be nice in BNF
12:05 Uttam : 11526 in NF
12:06 Jitender : 165 all out (12:02) Jitender : 29.2ce 138=152 half bk
12:06 Uttam : OTF down stopping in both
12:06 Uttam : both getting positive COT at vwap
12:08 Jitender : timing 🙂 (12:03) Jitender : (11:55) Jitender : nw good chance for Hari’s bounce
12:08 Jitender : bnf bounced 100
12:08 Uttam : you made it bounce rather 😉
12:09 Jitender : had told a friend on DM at 11.40 tat “rite time” wen askd for bounce….RB came…ten extn lower to OP-Ra…bought..bnf was steady..bought…..
12:09 Jitender : n now booked
12:09 Jitender : KISS
12:09 Jitender : n all with comments here
12:10 Jitender : so expectation+ OF confirmation+ quant lvl
12:10 Jitender : aur kya chahiye
12:10 Hari : It is a honor having you here Jit
12:10 Jitender : _/\_
12:10 Uttam : nice Jit we also had a IS on 30min at 29248 so those sellers were under pressure & the greens you see in this vwap scaleup is those shorts exiting I guess
12:11 Jitender : pls Hari…honor is mine to be here in the august company of friends like u
12:11 Jitender : my glory is scalp…wile u do 100pointer hunting
12:12 Uttam : It is a honor to have both of you heavyweights in your own way here in the room 🙂 _/\_ keep rocking guys
12:13 Shubro : We should get Jit to design a channel for scalping on slack
12:13 Shubro : i guess it takes time to become a master scalper
12:13 Jitender : & U Eagle eyes…w/out u tradn is not the same
12:13 Shubro : Shai the sculptor
12:14 Jitender : Shubro..i share all tat i know n how i trade openly here
12:14 Shubro : yes of course
12:14 Jitender : Shai has championed and practised open sharing…m merely following
12:15 Shai : Cheers
12:15 Uttam : +100 Jit _/\_
12:15 Jitender : happy tradn…hv turned out seminar & handling money requests many times
12:15 Shai : It’s an open secret of the markets- those who share more will profit more
12:15 Shubro : yes agree
12:16 Jitender : +100
12:16 Uttam : yes Shai have learnt so much from you & continue to do so but this is the biggest lesson of them all 🙂 _/\_
12:16 Jitender : if i can help one person …all i want is u to have good wishes fr me n pass the sharing around
12:16 Jitender : as Shai does
12:17 Shai : +1
12:17 Uttam : yes Jit he rubs it on others around him also 🙂 so you always have those positive good vibes here
12:17 Ashutosh : Just now joined the trading room- looks like I have missed a lot
12:18 Shai : Welcome aboard Ashutosh
12:18 Shai : There is always time to catch up
12:18 Ashutosh : Thanks Shai
12:18 Shubro : homework after hours helps the most Ashutosh
12:18 Ashutosh : would love to learn and interact with you guys
12:18 Shai : Intra – Sell BNF 29300 sl of 29390 tgt 29130
12:18 Govind : Welcome to the room, Ashutosh.
12:19 Ashutosh : Thanks Shubro would practice it
12:19 Uttam : welcome to VT Ashutosh 🙂
12:20 Ashutosh : Thanks for the warm welcome 🙂
12:24 Madhu : wlcom
12:26 Hari : Second day of poor liquidity in cash scrips
12:27 Hari : Some of friends who trade big has scaled down posn size to 20%
12:32 Subhodeep null : Auburn WA tadekho
12:33 Subhodeep null : subhro WA
12:34 Shai : Put exit orders for the BNF shorts at 29300 cost. Let’s wait this eriod out.
12:34 Shai : exit
12:34 Ravikiran : ok
12:34 Hari : both are back in IB
12:34 Madhu : kkk
12:35 Uttam : (12:05) Uttam : 29384 tag will be nice in BNF
12:36 Uttam : 26k green in bnf
12:37 Shai : bears gave up at vwap
12:38 Uttam : 29364 hihg so far BNF
12:40 Himanshu : Uttam – 29445 possible – as per hypo
12:41 Ashok : bank nifty there is big green bar what hao
12:41 Uttam : above 29321 level was 29370 whcih is almost tagged Himanshu
12:42 Uttam : sustaining above 29385 can being 29445
12:42 Uttam : @Ashok green box is cause we have a big buyer there
12:42 Uttam : 28000
12:42 Jitender : n hez in trouble
12:43 Uttam : yes Jit but more confrimation of downside if 29280 goes
12:43 Jitender : k
12:43 Shai : very interstung tghese 40 points here 29300- 340
12:44 Shai : could decide settlemnt tom
12:44 Uttam : pull back high here will be nice for a trending afternoon lower 😉
12:44 Jitender : yup
12:44 Shai : volume does not suggest a big breakout move yet
12:44 Uttam : yes Jit vols have been low
12:45 Uttam : NF started with good vols but then faded away
12:45 Uttam : BNF right from open below average vols today
12:45 Shubro : Shai should we exit that trade or hold then?
12:46 Shubro : BNF 29300
12:47 Uttam : reds in both as vwap goes
12:48 Shai : 29390- 405 sl if in Shubro
12:48 Shubro : ok
12:48 Boppanna : Below 280 sustains then could fall
12:48 Shai : No case for longs yet but new shorts have to be careful
12:48 Shubro : hmm
12:48 Shai : (11:50) Shai : be alert on shorts but no case for a long yet unless scalping
12:48 Shubro : no exited at cost that one as directed
12:49 Shai : yes just safety
12:49 Jitender : bingo (12:42) Jitender : n hez in trouble
12:49 Uttam : boom
12:49 Uttam : NF new lows
12:49 Shai : +1 Jit
12:49 Jitender : 29.1 ce 233-170
12:49 Uttam : +1 Jit
12:49 Jitender : tx chief
12:49 Jitender : tx Uttam
12:50 Uttam : wonder what made that 28k green to go long there at 29340 😉
12:50 Uttam : he puked all in the next bar looks like
12:50 Uttam : -24k COT in ot
12:51 Shai : yes
12:52 Shai : sellersa take back vwap
12:52 Uttam : 11432 coming in NF?
12:53 Hari : that is buy above open price alert Uttam
12:54 Uttam : which one Hari?
12:54 Hari : that 36k buy in BNF
12:55 Uttam : oh ok you mean it was an algo whihc executed a pre defined trade?
12:55 Hari : no seminar sellers
12:55 Uttam : lol
12:55 Uttam : they are getting famous
12:56 Hari : i just open twitter once in a week for 10 mins and shut it, damned SM that is
12:56 Uttam : @Shai probable FA in that 11300pe at lows
12:58 Shubro : sellers now firmly in control Shai/uttam?
12:58 Madhu : s
12:59 Hari : otf stopped in both
13:00 Uttam : 11478 level in NF to be held
13:00 Uttam : prominent POC of today
13:00 Uttam : so far
13:01 Uttam : Hari had ordered for a ‘b’ in the mornign so NF followng his order 🙂
13:04 Arjun : @uttam if its a FA at lows whats the likely target for it on the upside ?
13:04 Uttam : Nifty Spot gave a drive dow below that March’s POC of 11448 whcih was a trending profile so close belwo that would add to the bearishness
13:04 Himanshu : B means – Closing at Open level
13:06 Uttam : no Himanshu ‘b’ mostly closes around the dPOC but we can get a b+spike down also today
13:07 Uttam : @Arjun if FA gets confirmed we take the 1atr move from there
13:07 Uttam : but today no Fa possivle at lows as we have stayed below IBL for more than 30mins
13:07 Hari : Uttam, what is the 2 ATR move in FA in NF day before
13:08 Uttam : 11480 Hari
13:08 Santosh : what is ATR ?
13:08 Hari : oh then it is already here 🙂
13:08 Uttam : yep got there at open itself
13:08 Uttam : 11426 is 2 ATR from that negated FA of 11637
13:08 Anubhav : double bottom forming in nf intraday charts if lows dont break soon i think it will tag highs
13:09 Jayanth : (13:08) Santosh : what is ATR ? Average true range
13:09 Uttam : ATR is Average True Range Santosh
13:09 Uttam : thanks Jayanth 🙂
13:09 Jayanth : 🙂
13:09 Santosh : THANKS
13:10 MJ : 65 pt range after that 160 pointer makes it so slow.
13:11 Uttam : 100 points of that 160 came post 2 pm Mihir 😉
13:12 Hari : NF already done 1.5 IB
13:12 MJ : Yeah 🙂
13:12 Anubhav : whats the max pain of this exp guys in nf n bnf…tht will give clue
13:12 Anubhav : weekly
13:13 Uttam : (11:53) Uttam : both NF & BNF do 1.5 IB down
13:13 MJ : Weekly PCR in that otm system is at 0.4
13:13 Jitender : 29.3 pain
13:13 Jitender : was 29.8 yday
13:14 Anubhav : so they need a bounce to exit agar aaj average bhi kiya hoga
13:15 Jitender : 🙂
13:15 Jitender : tey wud hv yday itself
13:15 Jitender : cut
13:15 Shai : 11455- (09:17) Shai : (09:09) Shai : 11406/ 11445 obj of the move is sustains below Neu X
13:15 Jitender : +1
13:16 Shai : anticpatinga sharp drop in that 11445 goes . shoudl fetch a quick 40
13:16 Shai : else roaotional till 11500
13:17 Shai : day lows are not secure yet
13:17 Shai : again not a case for longs
13:18 Hari : just 7 trading sessions to go for mother of volatality
13:19 Shubro : they heard ya
13:19 Govind : here you go Shai
13:19 Shai : 11443
13:19 Shai : liquidity crisis
13:19 Govind : 125k?
13:19 Anubhav : hehe wt a timig
13:20 Anubhav : insiders
13:20 Shubro : woah big boy here
13:20 Shubro : algo?
13:21 Shai : yes
13:21 Anubhav : hammer
13:21 Shai : planted limit buy order
13:21 Uttam : 25k green in BNF also
13:21 Uttam : 29200
13:21 Govind : Yes Uttam
13:22 Shai : high risk long for 11492 sl of 11442
13:22 Shubro : this is like yesterday again
13:23 Shubro : if this guy goes whistle towards south
13:24 MJ : First trade of the day done phew.
13:24 Shai : oh vwap is it?
13:24 Shai : nice
13:25 Himanshu : Chief – Low secured now for BNF
13:25 MJ : With biggie Shai.
13:25 MJ : 🙂
13:25 Subhodeep null : sometimes I feel mj is the big guy
13:25 Shai : yes Him
13:25 MJ : Subhodeep you know man. Was under tonnes of work. Just aaya.
13:25 Shai : NF also with LLT
13:25 MJ : Missing room in a board meet!
13:26 MJ : Couldn’t stay away.
13:26 Subhodeep null : thAt board word confirms my suspicion 🙂
13:26 Jitender : board or broad 🙂
13:27 MJ : Sssshh! 🙂
13:27 MJ : Subho.
13:27 Govind : 🙂
13:27 Subhodeep null : lol
13:27 Subhodeep null : hi