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 Order Flow 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
BNF
Room Chat
08:53 Vtrender Live : 5 min charts – https://global.gotomeeting.com/join/412240661
08:54 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755598?pwd=N0tZUFlqRVUvd2ZKUHpFQ2lRM0ZyQT09
08:56 Vtrender Live : 30 min charts – https://join.me/534-291-448
08:57 Nisha : GM All
08:58 Shai : GM all
08:59 Suresh : GM team
08:59 Arun : GM All
08:59 Chandrashekhar : GM all
08:59 Amit null : gm
08:59 Surya ganti : did anyone have zeordha doing an auto withdrawal of all their funds?
09:00 K2dt : yes S..it is mandatory as per sebi
09:00 Chandrashekhar : yes..this happens during their qtly clearance
09:00 Amit null : usual
09:00 Surya ganti : oh ok
09:00 Surya ganti : never faced this before 🙂
09:01 Ankush Jain : GM all
09:02 Muralidhar Kaja : GM all….
09:04 Ankush Jain : GM all
09:04 Ankush Jain : looks like a quiet opening today
09:05 Shai : Auction was well balanced yesterday with a RS at 14813 and RB near 14660
09:05 Shai : On paper the RS appeared stronger
09:06 Shai : 14666- 14823 ref areas as we wait out RBI
09:06 Shai : Watch the big guy at 14813 to show any more signs of selling on upper probes
09:06 Shai : if he covers we may have SC right up to 14975
09:07 Shai : BNF well balanced normal day yessterday
09:07 Bhavin : good morning team…
09:07 Shai : 32646 and 33010 are 2 ref areas
09:07 Shai : will be the more volatile one into RBI
09:08 Uttam : Good Morning All 🙂
09:08 Shai : 32380- 33750 outer range of the auction
09:09 Uttam : https://vtrender.com/market-profile-analysis-dated-06th-april-2021/
09:14 Uttam : 32384 has greens in BNF 1129 fellow
09:15 KK : chalen upar’
09:16 KK : to 31K’
09:20 Shai : range remains the same for the open
09:20 Shai : Add 20 points for the drop in prem
09:20 Shai : ref at 14840
09:22 K2dt : bn atm iv 63
09:24 Yash null : 80% in bnf?
09:28 Shai : yes
09:28 Shai : BNF for 32960
09:28 Uttam : ORR start
09:28 Uttam : and 80% in the 2-day baalnce
09:29 Chandrashekhar : +1
09:29 Ankush Jain : NF OAIR?
09:29 Chandrashekhar : did 14700 100-120
09:29 K2dt : below avg vols for both in 15 mins
09:29 Ankush Jain : RBI kee wait
09:29 K2dt : yupp
09:30 Uttam : (09:14) Uttam : 32384 has greens in BNF 1129 fellow
09:30 Uttam : going for 32820 & 32980
09:30 Uttam : 32660 ref on downside
09:31 Uttam : @Shai can the BNF 5mins BNF charts be adjusted a bit
09:31 MJ : Chief BNF first 5 min POC should have been printed lower?
09:32 Uttam : it is right MJ
09:32 Uttam : as more vols at 32535
09:32 K2dt : yes chief some error 🙁
09:32 Uttam : slightly higher
09:32 K2dt : oh ya..little difference
09:32 Uttam : 506+616 . 1129+170
09:33 Chandrashekhar : 14790 a HVN in NF?
09:33 MJ : do the math 🙂 1129 wala is more no? UG?
09:34 MJ : possible that is 816*
09:34 K2dt : it is 816 …just zoomed in
09:34 MJ : not 616
09:34 K2dt : yes
09:34 MJ : yes
09:34 MJ : it is
09:34 Uttam : so vols is more where MJ?
09:34 Uttam : system cannot be wrong 😉
09:34 MJ : UG as per 616 vols lower
09:34 MJ : you read 616
09:34 MJ : too
09:34 MJ : anyways.
09:34 Uttam : yes my read can be wrong but not the system 🙂
09:35 MJ : UG its not about right wrong.
09:35 MJ : move on.
09:35 MJ : we all thought it was 616
09:35 MJ : peace pipe.
09:35 Tejaswini : Isnt it read as 685+506 & 1129+0?
09:35 Uttam : for POC we take horizontal vols T
09:35 Shai : 32530 sl if trading BNF longs for 32960
09:35 K2dt : diagonally for imbalances only T.. for poc horizontally
09:36 Tejaswini : ok Thanks (09:35) Uttam : for POC we take horizontal vols T
09:36 Uttam : NF once again getting RS at 14801
09:36 Uttam : yesterdays first RS was there
09:36 Uttam : before it was taken out to get that big 2200 red at 14813
09:37 Ankush Jain : That big guy again
09:37 Yash null : absorbing?
09:38 Yash null : not touching vwap!
09:38 Ankit Maheshwari : Shai IBL around that 1000 appox near 14705 yesterday, seems like he defended again
09:39 Uttam : volumes below average in both so waiting for event
09:39 Ankush Jain : 10 AM
09:40 K2dt : was watching cnbc awaaz..always the reporter says ” director saab agar aap chart lekar ayenge” 😀 director’s job is to pull charts :p
09:41 Uttam : this held for now – (09:30) Uttam : 32660 ref on downside
09:41 Uttam : first dne – (09:30) Uttam : going for 32820 & 32980
09:42 Ankit Maheshwari : volumes near 14820
09:42 K2dt : bhasin saab brings new high in bnf 🙂
09:43 Uttam : 2nd green bar in NF
09:44 Uttam : 14840 once again
09:46 Yash null : 80% done in bnf
09:46 MJ : +1 yash
09:46 Uttam : not yet needs to tag yVAH
09:46 MJ : little more upside chalega
09:46 Uttam : but very good chance
09:46 Yash null : 33000ce out at 284!
09:46 Uttam : +1
09:47 MJ : Good read.
09:47 Shai : Book out BNF 32890 – (09:35) Shai : 32530 sl if trading BNF longs for 32960
09:47 Jitender : bnf not ready to dip…
09:47 Ankush Jain : more reds at 14820
09:47 Jitender : somethn leaked 🙂
09:48 K2dt : yes Jit
09:49 Shai : 730 red is booking in BNF for all the greens from 2nd bar
09:50 KK : vikram tu bola..
09:50 Jitender : no trades so far…just watchn 🙂
09:50 Ankush Jain : Shai these reds in Nf fresh shorts?
09:51 Shai : no
09:51 Arun : I really hope buyers will not let it dwn today
09:52 Shai : 14840/ 32960 upper ref now
09:52 KK : abki baar
09:54 KK : if anyone cantake that 840 out..we are on..
09:55 Shai : Nothing najor in terms of vol yet
09:55 Shai : wait mode
09:55 KK : good morning SHai..good on that BNF call..so stay out till Address is over
09:56 Shai : yes safer
09:56 MJ : when it starts? conf?
09:56 K2dt : 10
09:56 Shai : 32960 was destination
09:57 Shai : there is that 1000 contract buyer right at 09.15 at 32330\
09:57 Shai : he is out now in these rdss
09:58 KK : it would tag 960, just when he starts..:), and then
09:58 MJ : he had a plan.
09:58 KK : NF is just a nice sell with 850 SL ?
09:58 MJ : take it up before rbi.
09:59 Arun : selling only if 787 breaks
10:00 Chandrashekhar : PC starts
10:00 KK : I hope he should not comment on growth impact of second wave..focus on rest
10:01 Uttam : noe both done – (09:30) Uttam : going for 32820 & 32980
10:01 Sumeet : unchanged accomodative
10:01 Uttam : 80% Rule rocks
10:02 Uttam : and the open type gave it away
10:02 Uttam : ORR (up)
10:03 Surya ganti : 1000 reds are SLOs or fresh shorts?
10:04 Ankush Jain : rates unchanged
10:04 Yash null : ug, bnf me irada kya he
10:04 Ankush Jain : SLOs on up side should be green?
10:04 Gopi : banks hitting highs
10:04 Ankit Maheshwari : Jit correct again on RBI stance
10:04 Surya ganti : right A.. meant exit orders
10:05 Yash null : 700poi ts n, no vwap touch
10:06 Arun : 33146?..bnf
10:06 K2dt : martin luther king !!
10:07 Tejaswini : yeah lol
10:07 Tejaswini : infinite hope
10:07 K2dt : he means that we r atmanirbhar
10:07 Ankit Maheshwari : Lol
10:07 Ankush Jain : large IB range in both
10:07 K2dt : apna apna dekh lo sab
10:07 Aman Singhania : worst rbi gov
10:07 Uttam : yes A has become the norm this week – (10:07) Ankush Jain: large IB range in both
10:07 Aman Singhania : nt seeing inflation
10:08 Prashant null : hehehe…relax man
10:08 Ankit Maheshwari : Prem down to 150 in BNF
10:08 Bhishma : its a committee..RBI Guv ot single pax @ Aman
10:09 Aman Singhania : i hv shut my business due to pandemic
10:09 KK : inflation
10:09 Aman Singhania : so i knw d pain of dis virus
10:09 Aman Singhania : and so mny ppl suffering
10:09 KK : chalo down ab
10:09 Ankit Maheshwari : yeah
10:09 Ankush Jain : so sad to know Aman
10:10 Ankush Jain : if u don’t mind Aman, wht business u were in?
10:10 Prashant null : true… it is bad…
10:10 Aman Singhania : i had a desigenr store in pune
10:10 Aman Singhania : paid huge rent and salary all d month of pandemic
10:10 Aditya09 : same here i had to shut my bar cos of pandemic
10:11 Aman Singhania : sory fr getin personal
10:11 Aman Singhania : bck to market
10:11 Prashant null : and they have money for all fancy projects…
10:11 Sumeet : God Bless, Aman, Aditya. Lets hope when one door closes, another one far more lucrative will open. Best wishse
10:11 Aman Singhania : whr is dat 20k crore
10:11 Aman Singhania : thank u S
10:11 Aditya09 : no worries vt is here
10:11 Aman Singhania : haha yes
10:12 Tejaswini : benchmark bond yield at 6.16 from 6.10. no tandaav yet but some shakeoff
10:13 Jitender : everythn is expensive..household inflation is up by more than 20%+
10:13 Ankush Jain : more Jit
10:13 Ankush Jain : Indl inflation is unprecedented
10:13 Jitender : only the richer are gettn richer
10:13 Ankush Jain : Adani
10:13 Jitender : the middle n lower class is gettn choked by expenses
10:14 Ankush Jain : 🙂
10:14 Vishnu : yes jit
10:14 Ankush Jain : ask me
10:14 Ankit Maheshwari : VWAP held till now
10:14 Ankush Jain : my business not getting back on track and there are so many like me
10:14 Bhishma : US Fed is biggest exoporter of inflation in globalised world
10:14 Bhishma : non stop printing
10:15 Shai : Buy 14800 pe at 109 sl of 85 tgt 160/ 200
10:21 Bhishma : in
10:22 Chetan : trade in ?
10:23 Shai : Exit the PE at 102 here
10:23 Shai : we wait for him to finish
10:24 Tejpreet : Shai ID NF support level now post RBI ?
10:24 Shai : 14780
10:25 Tejpreet : tks chief
10:28 K2dt : rest of the announcements r press release worthy 🙁
10:30 Shai : BNF weak
10:30 Shai : shoulkd rop to 52530
10:30 Shai : sl 32970
10:31 Chetan : +1
10:33 MJ : 14800 pe again chief 🙂
10:34 MJ : with your sl. gave some bucks.
10:34 MJ : thanks.
10:35 Shai : vol still dry
10:36 Bhishma : RBI over
10:36 K2dt : do we have any other upcoming announcements?
10:36 K2dt : today or tom?
10:38 Sagar : Ya..Expiry tomo 😉
10:41 K2dt : best song for the moment – so gaya yeh jahaan:))
10:42 Ankush Jain : so hulchul after RBI
10:43 MJ : vaathi coming
10:43 MJ : ?
10:45 K2dt : vaathi? meaning?
10:45 Arun : teacher
10:45 Arun : :))
10:45 K2dt : madam fm?
10:45 MJ : That’s a song. 🙂
10:46 K2dt : ohh 🙂
10:46 MJ : expecting some volex around noon.
10:46 K2dt : yes this is unusually quiet
10:47 Chandrashekhar : silence before the thunder/storm?
10:47 Chandrashekhar : 😉
10:47 K2dt : 🙂
10:47 Surya ganti : might not even be a storm ..
10:48 MJ : NF keeping vwap++ till entry of D.
10:49 Yash null : anyone heard scam of foreign hedge fund?
10:49 Arun : many….atleast a couple last few days
10:49 Shai : yields down post RBI
10:49 Shai : All action only in bond market
10:49 Shai : stocks quiet
10:49 Shai : low vol
10:50 MJ : Shai any nifty website to track bond markets?
10:50 Ashok null : chief..we can stay short in Bank nifty with SL as 32970?
10:50 Muralidhar Kaja : @Shai based upon Price Action till now…. dont we have an upward bias?
10:52 Rajesh G : cot not good for upward bias ,
10:52 Arun : NF def upward
10:52 Arun : BNF mayb dwn
10:53 Shai : exit any BNF shorts
10:53 MJ : P in making nf?
10:53 Arun : ok chief
10:54 MJ : 14700 ce out (10:48) MJ : NF keeping vwap++ till entry of D.
10:55 Rajan Modi : today mota in support of Nifty
10:55 Shai : Buy 14700 ce abv 150 sl of 130 tgt 195/ 210
10:55 Yash null : anyone for trend day in nf?
10:56 Shai : goiung to 14940
10:58 Ankush Jain : SC that guy?
10:58 Shai : 181 book half- (10:55) Shai : Buy 14700 ce abv 150 sl of 130 tgt 195/ 210
10:58 Ankush Jain : 14820?
10:59 Chandrashekhar : +1 Shai…nice call again
10:59 MJ : cheers chief.
10:59 K2dt : super call chief
10:59 MJ : did re-entry
10:59 Anand : TSL Chief ?
10:59 Abhishek : +1
10:59 Sanjib : +100
10:59 Ankit Maheshwari : boom boom
11:00 MJ : Sandesh bhai you getting your 15k by friday? or tomo?
11:00 Bhavin : cheers chief and team… ::)))
11:00 Bhavin : __/\___
11:01 Bhavin : it was a clear head shot like a sniper….:))
11:01 Sandesh : (11:00) MJ : Sandesh bhai you getting your 15k by friday? or tomo?>>>> waise toh muje, aajich mangta bhai!
11:02 MJ : Baba /\
11:02 Shai : TSL at 158 on rest
11:02 Shai : 16 short on this wave- (10:56) Shai : goiung to 14940
11:02 Sandesh : +1 shai
11:02 KK : OI more in 800 CE
11:03 Chetan : @shai
11:03 Chetan : any bnf
11:04 Mayur : All IB’s are with red COT today. Any inference from there ?
11:04 Surya ganti : was the turning point call 🙂 (10:53) Shai : exit any BNF shorts
11:05 Arun : +1000
11:06 Abhishek : +1000 for 10:53 command Chief
11:06 Shai : stay lonmg
11:06 Ankush Jain : 840 coming
11:06 Chetan : @shai bnf view
11:06 Shai : mentioned 14940/ 970 as destinatioon for the SC at open
11:07 MJ : Yes chief, going with all gusto.
11:07 MJ : 😉
11:07 Shai : (09:06) Shai : if he covers we may have SC right up to 14975(0
11:07 Shai : BNf destination SC is 33185/ 33380
11:07 Chetan : ok
11:08 Anupam : SL for nift F ?@chief
11:09 Shai : 14833
11:12 KK : why doesn’t he cover fast, we have to drink coffee as well
11:13 Uttam : 14900ce guys under pressure
11:14 Uttam : 33195 needs to go in BNF
11:14 Arun : next leg
11:14 Uttam : can do 33322
11:14 Uttam : almost 1.5 IB done in NF
11:15 Shai : Book full high of 203 done- (10:58) Shai : 181 book half- (10:55) Shai : Buy 14700 ce abv 150 sl of 130 tgt 195/ 210
11:15 Arun : Nf weekly high 974?
11:15 Shai : still 30- 40 more points left in the SC
11:17 Rajan Modi : lets take that post lunch Shai _/\_
11:17 Anand : _/\_
11:17 Shai : Yeah we got enough, no point waiting for last few penniesw
11:17 KK : +1 Shai.. Good idea, Rajan, some time to relax is needed.
11:17 Rajan Modi : 🙂
11:18 Arun : _/\_ Chief
11:19 KK : only one trade needed in afternoon, dukaan of 900 CE
11:20 Uttam : only green bars today in both not a single red one
11:20 Uttam : so far
11:22 Ankush Jain : SC done?’
11:23 Arun : maybe reload at 880
11:23 MJ : everyone waiting for pullback?
11:24 Arun : :))
11:24 MJ : will it come?
11:24 Sandesh : 🙂
11:26 Sunil : +1 everyone waiting for pullback?
11:30 MJ : Context of the day: Open had a buyer, he covered at first dhi, dip couldn’t breach Vwap till E now. What is in the making?
11:31 MJ : ofcourse news overhang and rbi etc etc.
11:31 MJ : but when OF is so clean 🙂
11:33 Tejaswini : to add fuel to the fire the globe is doing good too
11:34 Ankush Jain : ye corona corona kya hai 🙂
11:37 MJ : now waiting for vwap IBH alignment. that should take 60+ mins from here if auction rotates till ibh.
11:37 Mayur : Rupee taking a beating post RBI
11:39 MJ : 74.20xx crossed?
11:39 Tejaswini : All major currencies tanking against dollar
11:39 Mayur : yes
11:39 Prashant null : mj, ibh level is also the start of D extension handle…c was inside
11:40 MJ : Vwap aligning to IBL/IBL and not breaking is usually a good indicator to be in that same direction of the trend.
11:40 Tejaswini : some news? (11:39) Tejaswini : All major currencies tanking against dollar
11:40 MJ : Yes P.
11:40 Prashant null : yes
11:44 Surya ganti : good for m,e 🙂 (11:39) MJ : 74.20xx crossed?
11:45 Yash null : good for exports
11:45 Surya ganti : yeah i have a software exports firm..so works for me 🙂
11:45 Yash null : i do food exports
11:45 Surya ganti : nice!
11:45 Aman Singhania : yash wat ll u export
11:46 Aman Singhania : m planning tea export
11:46 Aman Singhania : i hv tea manufacturing in assam
11:46 Surya ganti : wow nice
11:47 MJ : VT LinkedIn.
11:47 Prashant null : Sahi
11:47 Surya ganti : full time trader MJ?
11:47 Aman Singhania : u neva knw who can help u whn in life
11:50 MJ : Run a design co. And thoda bohot markets 🙂
11:51 Yash null : dairy, namkeen, bakery, ice cream
11:52 Porus : RUB and INR biggest depreceators
11:53 Uttam : dPOC shifting higher in NF
11:53 Uttam : sabka booking ho gaya?
11:53 Surya ganti : first red bar
11:54 Uttam : 14870 ref on downside
11:55 MJ : is this the dip?
11:55 Ankush Jain : but no blue band
11:56 Mayur : MJ – I run an ad agency branch
11:56 MJ : Lets keep on slack. And markets here.
11:56 MJ : +1 mayur.
11:57 Uttam : BNF is the mover today
11:57 MJ : 84 vwap in 14800 ce
11:58 Mayur : Reliance almost 2.5% up
12:00 Sandesh : @ug, ye dil mange more in bnf.. are you willing to grant?
12:01 Uttam : 33195 acting like a rock Baba
12:01 Uttam : take that out and next move up will come
12:01 Yash null : we have empty zone above it na UG
12:02 Yash null : new high in next 12mins can change many things
12:04 Uttam : BNF also dPOC shifting higher
12:04 Uttam : 33100 now
12:04 Uttam : good going Baba 🙂
12:04 Surya ganti : 2200 reds?
12:04 Yash null : m learning slowly, hehe
12:04 Shai : +1
12:04 Uttam : 33322 se pehle rukna nahi
12:05 Uttam : 33322 se pehle rukna nahi
12:05 MJ : Sandesh bhai 🙂
12:05 Shai : +1- (12:01) Yash null: we have empty zone above it na UG(12:02) Yash null: new high in next 12mins can change many things
12:05 Shai : Great to see
12:05 MJ : +1 yash
12:05 Uttam : above 33322 we have 33444
12:05 Shai : NF for 14980 also now
12:05 Uttam : (11:57) Uttam : BNF is the mover today
12:05 Sandesh : +1 ut
12:05 Surya ganti : re-enter the ce chief?
12:06 Shai : Buy 14800 ce at 110 sl of 89 tgt 135/ 155
12:07 MJ : https://mplite.vtrender.com/?symbol=BANKNIFTY&tf=daily&tpo=27&ll=&ul=&sp=1&startDate=&endDate=&nDays=8&idstr=.0_6.0_5.0_7&dstr=_8&rst=0&iam=
12:07 MJ : The empty zone that Yash spoke.
12:08 Bhavin : bnf volume huge 13000
12:08 Ankit Maheshwari : transition happening
12:11 MJ : bnf bar right at noon (10:46) MJ : expecting some volex around noon.
12:11 Yash null : ab to keh do ki trend day he
12:11 Yash null : chief, grant 2ib atleast