Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.
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
(08:16) Uttam : https://vtrender.com/market-profile-analysis-dated-28th-december-2020/
(08:16) Uttam : Good Morning All 🙂
(08:40) Sanjib : GM All!
(08:46) Subhadeep : Good morning!
(08:55) Surya : Good morning !!
*** Vtrender Live has joined the webinar room.
(08:57) Abhishek : GM all
(08:59) Himanshu : Gm all
(08:59) Vtrender Live: 5 min NF charts additional- https://join.me/580-543-670
(09:04) Ankush Jain: GM all
(09:04) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/741618325
(09:05) Rusi : Gm all
(09:09) Uttam : what a siper fightback by Team India in this test match after that 36 all out
(09:09) Uttam : super*
(09:09) Ankush Jain: Good start to the day. India lamost there beating Aussies
(09:09) Rajesh G : it is like bulls fighting after 500 drop last monday
(09:09) Vtrender Live: 5 min BNF charts additional- https://zoom.us/j/8647754956?pwd=RjFYSXJFcDNwdm1OZ29FVERzdEVOZz09
(09:10) Uttam : +1 Rajesh & what a comeback it was to get to new ATHs 🙂
(09:12) Tejpreet : GM All
(09:13) Ankush Jain: Gill looks in a hurry. Hope he isn’t trading nifty 🙂
(09:14) Prashant : BNF for Gill…
(09:14) Uttam : BNF boom boom start
(09:16) Ankush Jain: Aussies boxed out
(09:17) Ankush Jain: Low volumes today could be due to roll overs?
(09:18) Uttam : 31326 coming in BNF
(09:18) Uttam : 31376* sorry
(09:18) Uttam : 31326 spot is a vpoc
(09:19) Uttam : 31175 ref on diwnside
(09:21) Uttam : boom boom BNF
(09:22) Uttam : lets get that 31376
(09:22) Uttam : NF on for that 2atr tgt of 13983
(09:22) Uttam : from FA of 13641
(09:26) K2dt : UG gm
(09:27) K2dt : bnf charts 31030 is I VPOC what’s that?
(09:28) Tejaswini : NF OAOR? BNF drive up?
(09:31) Uttam : no idea K – (09:27) K2dt : bnf charts 31030 is I VPOC what’s that?
(09:31) Uttam : same template for open from last 3-4 sessions
(09:31) Uttam : gap up + low vols
(09:31) Uttam : both OAOR
(09:31) Uttam : but BNF tends to give a bigger move away
(09:31) Tejaswini : thanks UG
(09:32) Uttam : 31376 aaya kya?
(09:32) Uttam : spot 31291
(09:32) Uttam : 31326 is the vpoc there
(09:38) K2dt : np UG tx
(09:41) Uttam : (09:14) Uttam : BNF boom boom start(09:18) Uttam : 31326 coming in BNF(09:18) Uttam : 31376* sorry(09:18) Uttam : 31326 spot is a vpoc(09:19) Uttam : 31175 ref on diwnside
(09:46) Viswas : ib-36pt only till now
(09:47) Uttam : (09:22) Uttam : NF on for that 2atr tgt of 13983
(09:48) Uttam : vwap ref in both now
(09:49) Uttam : some bog vols coming at highs in both for now
(09:49) Uttam : but at same time high does not look secure
(09:56) K2dt : abki baar 32600 :p
(09:58) Sanjib : Congrats to all for India win!
(10:00) Ankush Jain: came bk with a vengeance just like nifty
(10:02) Sanjib : 31362 is high
(10:04) Sanjib : huge volumes today in 31300 PE
(10:07) Uttam : 31376 nahi aaya abhi? 🙁
(10:07) Uttam : 31319 in spot
(10:07) Uttam : 31326 needed in it
(10:10) K2dt : green signal de do UG abhi aa jayega 🙂
(10:28) Ankush Jain: 5 degrees Celsius at 10:30 in morning here.
(10:29) Ankush Jain: & NF is feeling the chill
(10:29) Uttam : whoaa this is the peak right? last week of Dec 7 first week of Jan?
(10:34) K2dt : heavy fog too A?
(10:34) Rohit : 65
(10:35) K2dt : chief giving trades?
(10:35) Ankush Jain: yes K
(10:36) K2dt : 🙁
(10:36) K2dt : man when i used to live there the air was fine.. the stubble burning has made it worse 🙁
(10:43) Uttam : C side just in time for NF
(10:43) Uttam : 760 green with 0s for now
(10:44) Uttam : needs to stay above IBL
(10:44) Uttam : else can give more downside
(10:45) Uttam : big red in BNF
(10:45) Uttam : 0s galore
(10:45) Milind : 14000 PE 100 to 135
(10:45) Uttam : -4.5K COT
(10:45) Ankush Jain: green coming in
(10:50) Ankush Jain: icreased volumes in C
(10:50) K2dt : 88-104 13900pe
(10:51) K2dt : 264-350 31300pe.. done for the day
(10:51) K2dt : gazabb trade timing that was chief _/\_
(10:57) Sanjib : 13900 PE 81 to 96
(10:58) Favas : ug short trade risky?
(10:58) Favas : bnf?
(10:58) Favas : st short?
(11:01) K2dt : cheers S
(11:04) Sanjib : Thanks Kush
(11:05) Sanjib : Should have shorted earlier when IBL broke
(11:07) Ravi : C gave double dhoka today
(11:08) Sanjib : will be looking at 13926 closely now
(11:09) Tejaswini : This RB at bottom in BNF was it end of auction? @ UG? longs better from here?
(11:09) K2dt : yes S mee too.. cud have shorted earlier
(11:10) Sanjib : now meeting resistance at DVAL
(11:12) K2dt : banks hold the key for today.. if banks give up.. we go for a toss
(11:13) Ankush Jain: 442 stuck reds in NF
(11:15) Uttam : NF took support at yVWAP
(11:15) Sanjib : +1 UG
(11:15) Sanjib : BNF probable FA at lows? Need to confirm though
(11:15) Uttam : yes +1
(11:16) Uttam : NF also did 2IB + on the downside
(11:16) Ravi : NF also very close
(11:16) Sanjib : NF facing resistance at IBL and VWAP
(11:19) Sanjib : 13900 PE again 73 to 83 quick trade on IBL resistance
(11:21) Uttam : 31275 ref for the rest of the day ub BNF
(11:21) Uttam : that 5min bar got huge vols in the break of vwap
(11:22) Uttam : though was followed by an RB in next bar at 31050
(11:22) Uttam : so for now these 2 levels on watch
(11:24) Ankush Jain: PLR for the day looks down?
(11:26) Uttam : simple funda guys – vwap broken got new lows in both
(11:26) Uttam : drive has failed though it was on low vols
(11:26) Uttam : below vwap auction remains weak
(11:28) Uttam : both getting rejected at vwap means new lows can come
(11:28) Uttam : NF alreayd eating up the singles of D
(11:28) Uttam : 13900pe above 106 can start a new leg up
(11:29) Uttam : towards 145 / 168
(11:41) Ravi : gonna be a ‘b’ profile today
(11:41) Ravi : ?
(11:42) Uttam : for a ‘b’ we need a tail at top na Ravi
(11:42) Uttam : ?
(11:43) Ravi : _/\_ my bad
(11:47) Sanjib : Sellers doing a bad job
(11:51) K2dt : yupp
(11:51) Sanjib : again IBL giving resistance
(11:56) KK : 1126 red bnf ?
(11:57) KK : greens abov vwap
(11:57) Sanjib : can be rollovers, KK
(12:00) Sanjib : COT not supporting short in NF, though volumes are very poor now
(12:14) Ankush Jain: NF staying below vwap
(12:18) KK : when sellers are not doig a good job, where would it go
(12:18) KK : back ?
(12:19) Tejaswini : BTW who all are trading today? Jit, Himanshu and MJ in the house?
(12:20) Uttam : dPOC shifting lower in BNF to 31150
(12:20) Uttam : NF also 13906
(12:22) Anand : could dPOC shiftin lower indicate longs built at lower levels ? or shorts squared off ?
(12:22) Himanshu : Present sir
(12:23) Tejaswini : I have a similar doubt. DPOC shifting lower could be interpreted as RB of sorts?
(12:24) Himanshu : DOPC shifting lower on lower full probe – can be covered
(12:24) Himanshu : but during roll over priod – alst 2/3 days o fseries
(12:24) Himanshu : we need to see volumes in light of roll over volume
(12:25) Tejaswini : Hi Himanshu. Sir, I thought all pro traders are vacationing due to low volumes
(12:25) Himanshu : Firstly – Am not yet pro- tader
(12:26) Himanshu : UG – Jit – MJ are my seniors here
(12:27) Himanshu : but applying logic of DPOC shifting lower after IB period probe down is indicatio of Shorts covered is right on all other days – specailly good volume days –
(12:27) Himanshu : but low volume days – Market can show itshand post 1.30 – volume built up can further bring down – DPOC
(12:27) Uttam : @H _/\_ I aint no senior or pro but just a fellow trader so all of us here are on the same platform
(12:27) Himanshu : so in a way not secured referece
(12:28) Himanshu : Sirji – Namaskar
(12:28) Uttam : dPOC shifting lower means shorts that initiated the move down have booked
(12:28) Uttam : it is the same when dPOC shifts higher after a upmove
(12:28) Uttam : for the auction to continue in one direction and control to be with one hand, the POC would be at the start
(12:29) Tejaswini : Thanks Himanshu and UG. Your views are gold
(12:29) Uttam : IBL & vwap aligning in NF
(12:30) Uttam : above that 13957 test could come
(12:30) Uttam : BNF in between these 2 – (11:21) Uttam : 31275 ref for the rest of the day ub BNF(11:22) Uttam : though was followed by an RB in next bar at 31050
(12:31) Uttam : now with dPOC shifting to 31150 good chance of that 31275 test & above it 31320
(12:33) Sanjiv : uttam, any lvls to watch for nifty? tx
(12:34) Uttam : on downside 13865-850 support in NF with immediate level to watch 13890
(12:35) Uttam : on upside needs to take out that combo of IBL+vwap at 13930
(12:35) Sanjiv : +1
(12:42) Favas : tri colour?
(12:42) KK : lets go then
(12:43) Tejaswini : Hammer time?
(12:45) KK : 275-930 ?
(12:45) Uttam : 13890 holding – (12:34) Uttam : on downside 13865-850 support in NF with immediate level to watch 13890
(12:45) Uttam : to chalo 13930
(12:55) Anand : wonder if selling ATM ce pe be a good idea now
(13:03) Uttam : aaya kya? – (12:45) Uttam : to chalo 13930
(13:03) Uttam : boom boom
(13:03) Uttam : (12:31) Uttam : now with dPOC shifting to 31150 good chance of that 31275 test & above it 31320
(13:03) Uttam : 31275 done
(13:04) Sanjib : Yes, 13900 PE again from 85 to 68
(13:04) Uttam : 31320 please?
(13:04) Uttam : done
(13:04) Uttam : tp the dot
(13:05) Uttam : 1k green there
(13:05) Uttam : NF can do 13957 now
(13:05) Uttam : 13915 needs to hold
(13:07) Uttam : does this makes more sense now? – (12:28) Uttam : dPOC shifting lower means shorts that initiated the move down have booked
(13:08) Uttam : BNF wants to give that FA
(13:08) Uttam : at lows
(13:08) Uttam : aaya kya? – (13:05) Uttam : NF can do 13957 now
(13:08) Uttam : FA confriemd in BNF
(13:09) Uttam : spot not making new highs still
(13:10) Vidhyasagar Lingesan: 0’s in BNF
(13:10) Favas : 1835 seller
(13:11) Favas : ug longs booking?
(13:16) Uttam : profit booking is always good na F?
(13:17) KK : 14002 is looking so bright..
(13:17) Uttam : 31510 is the 1atr tgt from todays FA in BNF
(13:17) Uttam : 1.5 IB there as well
(13:18) Uttam : this was the key – (11:15) Uttam : NF took support at yVWAP
(13:18) Uttam : in trending markets auction always takes support at yVAP or POC
(13:18) Uttam : and when it does it means that upside probe is still not done
(13:20) Uttam : BNF looking good for 31500 now
(13:20) Uttam : 31240 ref on downside
(13:39) Sanjib : That 13600 guy looks to be defending his position
(13:39) Uttam : 13900 you mean?
(13:39) Sanjib : 13960, I am sorry
(13:39) Uttam : 🙂
(13:39) Sanjib : Morning Seller
(13:40) Uttam : yes was expecting 13957 in this probe above vwap
(13:40) Uttam : NF gave 13954
(13:40) Sanjib : +1
(13:40) Uttam : vwap test here
(13:41) Uttam : 13915 level to watch
(13:53) Uttam : 13913 & 31270 lows of this 5min bar in both
(13:54) Himanshu : UG – Kya Plan hai,,
(13:54) Himanshu : Test of morning again in K
(13:55) Tejaswini : Morning lows @Himanshu?
(13:55) KK : K to aaj kal upar hi jaata hai
(13:56) Uttam : (13:05) Uttam : 13915 needs to hold(13:20) Uttam : 31240 ref on downside
(14:00) Uttam : 13913 and back to 13936 NF
(14:01) Uttam : BNF also gives almost a 100 point bounce from 31270
(14:01) Sanjiv : +1
(14:01) Uttam : 31275 was that ref in the fall
(14:03) Rajan Modi: amazing UG
(14:10) Uttam : dPOC once again back to 31315-320 in BNF
(14:11) Uttam : lets get to that 31510 now
(14:11) Tejaswini : does that mean vwap visit is due @ UG?
(14:11) Uttam : K period cometh
(14:27) Tejaswini : 1300 greens in bnf
(14:28) Tejaswini : rollovers?
(14:28) Tejaswini : not pushing BNF higher
(14:32) Uttam : 12 mins left in K to get those new highs in both
(14:41) Uttam : 3 mins to go – (14:32) Uttam : 12 mins left in K to get those new highs in both
(14:42) Sanjib : boommmm
(14:42) Uttam : BNF does it first
(14:42) Uttam : in the nick of time
(14:42) Uttam : come on NF
(14:42) Uttam : lets get to 13983
(14:43) Uttam : 31417 BNF new highs
(14:44) Tejaswini : 45 min to go. Can it attempt 31500 today @UG?
(14:44) Uttam : that it can do in 10 mins T
(14:45) Rusi : BNF = sehwag + Pant + Gilchrist
(14:46) Uttam : 31320 now ref in BNF
(14:46) Uttam : HVN of the day there
(14:46) Sanjib : that pink band at 31400 is a worry
(14:46) Uttam : NF once again stalling at 13954
(14:47) Uttam : take that 13957 out and we are good for NeuX in both
(14:47) Ankush Jain: K is done with
(14:47) Ankush Jain: maybe closing around vWap?
(14:47) Ankush Jain: UG we have FA at lows today in NF?
(14:47) Himanshu : Tom wed and rollover also
(14:48) Himanshu : We have to keep that in view
(14:48) Uttam : no A not yet taken out IBH plus stayed below IBL for more than 30mins
(14:49) Ankush Jain: yups
(14:49) Sanjib : BNF has FA, Ankush
(14:50) Ankush Jain: ok, but do not track BN
(14:58) Siddhesh : UG what is NeuX ?
(14:59) Uttam : Neutral Extreme
(14:59) Siddhesh : ok
(15:00) Ankush Jain: new highs coming?
(15:08) Uttam : nice balanced profile in NF & NeuC in BNF looks like
(15:24) Himanshu : 32400 CE strike also has not reduced in the sense
(15:25) Uttam : 31400ce you mean?
(15:26) Himanshu : no
(15:26) Himanshu : 32400 CE even
(15:26) Uttam : lol you planning too far H 🙂
(15:26) Himanshu : I mean – to say undercurrent is so strong that strike with 16 Rs Theat is alos
(15:26) Himanshu : no
(15:26) Uttam : oh you mean to say the premium?
(15:26) Himanshu : just observing and hene sold 31000 PE – Jan
(15:26) Uttam : I thought you talking about the OI
(15:27) Himanshu : yesterday – and cobered wih 150 Points today
(15:27) Himanshu : and now carrying 30500 PE – Jan Mthly
(15:27) Himanshu : just to be safe – Half size
(15:27) Himanshu : Wed –
(15:27) Himanshu : No premium
(15:28) Himanshu : I mean i was referring premium –
(15:28) Himanshu : Above 30980 now – as far as remain above anytime beast mode can come post settlement
(15:29) Uttam : thanks All 🙂 have a lovely evening