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
08:54 Kondal : gm all
08:56 Uttam : Good Morning All 🙂
08:58 Prateeek : Good morning all
08:59 Arcchit Agarwal : GM All 🙂
09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/952233557
09:00 Vtrender Live : 5 min NF charts – https://join.me/942-289-636
09:01 Rohan : GM All!!!
09:01 Vtrender Live : 5 min BNF charts, password vtrender- https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
09:03 Shai : GM all
09:03 Ankush Jain : GM
09:03 Shai : welcome to a week of emotional trading and lots of newsflow
09:04 Shai : markets will put added volumes this week and would be choppy
09:04 Shai : mind your risk but sieze the opportunities
09:04 Shai : 11200- 11900 is still the broad range to expect
09:05 Shai : 21600- 24460 in BN
09:05 Shai : zooming to today, 11595 is the ref line for the day
09:05 Shai : 11730 is the selling from thursday and on watch again for supply
09:05 Shai : 23811 ref line in BN
09:06 Shai : 24050 to watch for upsides
09:07 Uttam : ICICI rocking in that BN gap up?
09:11 Rusi : GM all
09:11 Balasaheb : Sir I am new subscriber. How do I can see Bank Nifty chart ?
09:12 Uttam : welcome to VT B, we have the 5min OF chart & the profile chart here in the room
09:12 Naren : Gm Shai, All.
09:12 Uttam : and a zoom link given above has only the 5min OF chart
09:12 Aditya09 : gm all happy trading
09:12 Uttam : apart from that the 30min OF chart is available in the GoToMeeting link
09:13 Uttam : for viewing live MP charts along with previous days, you can logon to mplite.vtrender.com
09:14 Shubham Q : GM all
09:17 Ankush Jain : RIL cracking
09:18 Shai : 11610 supp for open
09:20 Ankush Jain : O=H in NF
09:25 Shai : RIL and ioicic doing the opp thing for NF
09:26 Shai : maruti the other one with vols
09:26 Ankush Jain : drive down?
09:27 Shai : yes
09:27 Shai : 11610 now intra supply
09:30 Shai : Buy 11500 pe at 106 sl of 95 tgt 134
09:30 Shai : working n 610 as suppy
09:35 Rajesh G : test
09:36 Shai : 25.7 vix
09:36 Shai : mind the risk guys
09:37 Anuj null : there is a lot of decay in weekly options today
09:41 Uttam : that RB in NF holding for now
09:41 Uttam : 11585
09:41 Shai : exit at 110 for now- (09:30) Shai : Buy 11500 pe at 106 sl of 95 tgt 134
09:41 Shai : those wanting to hold trail at 102
09:42 Ankush Jain : drive stalled?
09:43 Shai : there is that old buyer at 11586 from friday
09:43 Shai : not enmough red cot for now
09:43 Shai : planning to add abv 116 again
09:44 Shubham Q : chief by tape reading you mean reading DOM?
09:45 Shai : traded qty- DOM does not work as welll
09:46 Prateeek : Reliance is more than 4 percent down
09:47 Shai : some red
09:48 Shai : Buy 11500 pe at 117 again sl of 102 tgt 152
09:49 Shai : gort the IS
09:49 Uttam : 44k SL of that RB at lows?
09:50 Naren : Iam experiencing the live commnts window being refreshed often going back to early morning msg posts
09:51 Shai : if you are close to your modem, highly recommend a wired input
09:51 Shai : that is a wifi drop issue
09:52 Prashant : everything else keeps working, just the chat refreshes
09:52 Naren : thanks Shai I’ll check
09:53 Rusi : @shai : what is the cot number of BN to identify IS . ?
09:54 Rusi : like 100 k in nifty .
09:54 Shai : 40 to 60 K without 0’s
09:55 Ankush Jain : room chrts?
09:55 Rusi : tnx
09:55 Shai : still this is our ref- (09:27) Shai : 11610 now intra supply(09:30) Shai : working n 610 as suppy
09:55 Uttam : +1
10:04 Gopi : icici, kotak, psu banks holding bnf
10:08 Shai : yes BNF still up
10:08 Shai : weakness in NF only
10:08 Gopi : bnf vol mater uc
10:11 Arjun : Hi – the Vix and premium Chart on the left of joinme and zoom has been removed ?
10:13 Jitender : Voting in US completes morrow…so Wed morning is the volatility day here…pls plan to preserve capital….mkts will open on thrusday also…
10:13 Gopi : no major change in put premium wih this upmove in bnf
10:13 Jitender : also vix will play up n down till then
10:14 Jitender : conservative guys can go fr monthly and sell weekly….but only if u can manage
10:14 Shai : +1
10:14 Jitender : cautious guys like will mostly observe the show on Wednesday with coffee n snacks
10:15 Jitender : like me
10:15 Shai : This looks easy, but is not- (10:14) Jitender : conservative guys can go fr monthly and sell weekly….but only if u can manage
10:15 Shai : there can be 300 point swings
10:15 Jitender : ys and vix will be the killer either ways
10:16 Shai : BNF c highs
10:16 Shai : +1- (10:13) Jitender : Voting in US completes morrow…so Wed morning is the volatility day here…pls plan to preserve capital….mkts will open on thrusday also…
10:17 Shai : discipline your self over next 3 days. from thursday you and your process can kill it i. Protect the account
10:18 K2dt : +100 chief nd Jit
10:24 Prateeek : Thanks for the advise J and Chief :). Noted.
10:28 Rahul : we stil in call with sl ?
10:28 Shai : yes
10:28 Rahul : thanks shai
10:35 Shai : sl taken make exoits- (09:48) Shai : Buy 11500 pe at 117 again sl of 102 tgt 152
10:35 Shai : BNF is dribing it up
10:37 Shubham Q : 24800 bnf?
10:37 Shubham Q : PLR seems to be up
10:41 Uttam : room charts stuck?
10:42 Naren : reloaded works fine
10:43 Shai : All this green is morning NF shorts out
10:44 Devkant : Shai did the 11585 buyers are active?
10:45 Shai : yes teady now abv 11565
10:45 Shai : should go to 11675 again
10:47 Devkant : Thanks
10:50 Shubham Q : no big boys active?
10:52 Naren : BNF C extn with huge bar, does it indicate exhaution Shai, have seen during extn there were huge reds in it. Now IS shown.
10:53 Uttam : big range out of IB BNF did and never got back in IB N
10:53 Uttam : D needs to make new highs now
10:53 Naren : Thanks Uttam.
11:00 Tejaswini : What do we make of volumes today? Steadily higher @Shai
11:05 Shubham Q : RB at vwap
11:15 Shubham Q : possible targets for 11600 ce in from 144.2
11:19 Uttam : BNF completes 2 IB
11:28 Milind : Moratorium case hearing today?
11:30 Ankush Jain : Markets again rife with rumours abot Mukesh Ambani’s health
11:39 K2dt : option premiums moving like sir dard..esp nifty
11:45 Shubham Q : go bnf sky is the limit
11:57 Ankush Jain : RIL is a big drag on NF today
12:01 K2dt : nf trading at a disc..bnf at a prem..nf flattish..bnf super bullish…gazab khichdi day
12:05 Shubham Q : DAX opens at 12.30 IST?
12:10 K2dt : yes S
12:11 KK : RIL abyss
12:12 K2dt : RIL going for 1900?
12:12 Ankush Jain : Hope the rumours floating around are just rumours
12:13 K2dt : yes A
12:13 Shubham Q : where can we track live advance declines
12:13 Ankush Jain : but its a nsaty fall for RIL today
12:14 KK : is this start of journey to 515 ?
12:14 Ankush Jain : 6.3% fall is big
12:15 Anuj null : there was a video of mukesh ambani over the weekend
12:15 Anuj null : wishing his lawyer for wedding
12:15 Anuj null : he looked ill
12:17 Kondal : shai nifty may touch 11515?
12:18 Shai : 1912 intra supp zone RIL
12:19 Shai : below that is another 100 point drop is not held
12:20 Jitender : Anuj..hez got a liver transplant in london sumtime back..as per WA univ
12:21 Shai : extemnsion trade only now-(12:17) Kondal : shai nifty may touch 11515?
12:21 Ankush Jain : something is definitely wrong
12:21 Prashant : but why is liver transplant being made such a big deal..
12:21 Shai : NF and BNF opp directions today
12:21 Shai : liver or kidney?
12:21 Prashant : liver
12:21 Ankush Jain : liver they say
12:21 Shubham Q : yes chief pretty tough to make decisions
12:21 Prashant : no confirmed news though
12:21 Ankush Jain : but 7% fall is big for RIL
12:21 KK : yup, liver transplant is the rumour
12:21 Jitender : Shai..wants kidney as well..to load RIL up 🙂
12:21 Ankush Jain : results were not that bad
12:21 Shai : 🙂
12:23 Shai : If you are a long term player all is well as long as it does not break 1800 in volumes
12:23 Shai : has the added job of climbing back abv 2150 however
12:23 Jitender : U remember wat happened with Infy…befor Nandan took over (12:21) Prashant : but why is liver transplant being made such a big deal..
12:23 Ankush Jain : RIL 1903
12:24 Ankush Jain : below 1900 now
12:24 Sumeet : and taking nifty with it
12:24 Prashant : no..
12:24 Shai : yes has taken 130 points off NF
12:25 Shai : icici is giving only 32
12:25 Shubham Q : reliance vs banks and reliance winning…like how?
12:30 KK : 12 30 train comes
12:36 Himanshu : chart stuck here,, GM all
12:38 Himanshu : Back ..
12:38 Ankush Jain : Nifty kee haalat liquid oxygen jaisi aaj. Oxygen (Banks) isko marne nahin denge aur liquid(RIL) isko jeene nahin dega
12:39 Ankush Jain : 🙂
12:40 Himanshu : This is 2020 and 2 mths more to go .. all unseen – unheard will happen
12:45 Tejaswini : H for hammer today?
12:45 Himanshu : Liver Transplant and Kidney Transplant both has different weightage – price discounting wise,,
12:47 Shubham Q : seems bnf has clear intentions
12:48 Himanshu : move started from 23800 to 24880 could be first stop –
12:48 K2dt : ek RIL k saamne kitne banks ko zor lagana pad rha hai :p
12:48 Shubham Q : hahahah
12:48 Shubham Q : aur bhi koi niche khich raha hoga….
12:49 Himanshu : Bhai – His Kids are too young – Emotional Impact will be huge,,
12:49 Himanshu : Risk on scrip – fortunate has reduced Debt or would have been taken to cleaners
12:49 K2dt : u r right H
12:50 Himanshu : and Banks also alongwith it..
12:50 Himanshu : Only Zuckerberg has to worry for now ,,
12:50 K2dt : imagine being Anant/Akash right now….immense pressure
12:50 Shubham Q : 94k on bid bnf
12:51 Shubham Q : NF nice bell
12:53 Himanshu : Reliance issue will suddeny open eyes wide open for some succession issue in all indian leadinhg corporates
12:54 K2dt : yes
12:55 K2dt : today we have 1:1 IB-IS ratio.. no surprise we r not going anywhere
12:56 Arjun : SC in Reliance will trigger at what price. it could be massive if that happens and could spike Nifty ?
12:57 Himanshu : Till official statement from Reliance does not come SC might not happen – if all is good then huge bear trap will be set up like always ..
12:57 Himanshu : and promoter group will buy before saying all is well ..
12:57 Arjun : thx.
12:58 Tejaswini : End of auction in BNF?
13:00 Himanshu : 1798.8 /1800 is weekly support from where it broke out close below with volume as Chief said is risky –
13:02 Shai : Trend day down so no SC till vwap is crossed- (12:56) Arjun : SC in Reliance will trigger at what price. it could be massive if that happens and could spike Nifty ?
13:02 Shai : 1955
13:03 Arjun : thx Shai
13:06 Rajesh G : test
13:11 Gopi : fnally hdfc bank started
13:18 Himanshu : reliance shorts are booking slowly seems
13:24 Tejaswini : charts stuck?
13:25 Naren : looks like yes
13:26 KK : not likely.until 1950-55 crossed..couple of brokerage have downgraded as well..so they might be together in it.
13:28 Rusi : first hurdle is 1925 then the vwapof 1955 . does not look like happenning today
13:29 Chetas : when is the US election results? tomorrow morning?
13:31 Rusi : how to resume chart live ?
13:31 KK : UK , also lockdown is it ?
13:33 Rajiv Ohri : Charts stuck?
13:35 Ankush Jain : yes
13:35 Ankush Jain : joinme is fine
13:36 Ankush Jain : NF forming a bell with singles at both ends
13:37 Shai : Charts not fine?
13:37 Ankush Jain : now ok
13:37 Shai : k
13:38 Rajiv Ohri : still ok ok chief
13:48 Tejaswini : all charts are stuck
13:49 Rohit : Join.me is fine
13:53 Shubham Q : 11660?
13:53 Shai : normal day
13:54 Ankush Jain : K karega koi kamaal?
13:55 Ankush Jain : we r trading around Vwap for quite sometime
13:56 Tejaswini : we are trading near fridays vwap too
13:57 Rusi : BN is showing IB with -54k cot. is this delta divergence ?
13:58 Shai : that’s an RS technically- (13:57) Rusi : BN is showing IB with -54k cot. is this delta divergence ?
13:58 Shai : top of the bar in closing secs got the sellers
13:59 Rusi : ok shai. thanx
13:59 Shai : it was a 100 point move which was sold into
14:00 Shai : staying away as market is not in sync here with BN doing one thing and NF the other
14:00 Ankush Jain : RIL again starting to fall
14:01 Arcchit Agarwal : Yeah exactly.. RIL made the day today
14:04 Shai : RIL PP is on lower cicuit today
14:04 KK : RIL will do the K
14:04 Shai : may be a 1st ever for RIL
14:05 Ankush Jain : PP?
14:05 Shai : the bonus shares
14:05 Riddhi : PP = Partly Paid
14:06 Shai : Abv 11635 go long for 11666 sl of 11610\
14:09 Shubham Q : k gonna bring the spurt?
14:11 Shubham Q : here comes…11665
14:12 Rahul : yeppp done
14:12 Shai : book out- (14:06) Shai : Abv 11635 go long for 11666 sl of 11610\
14:12 Shai : was the easiest setup of the post IB
14:12 Rahul : yes
14:13 Shubham Q : bnf short of 23 points 24800
14:13 Uttam : BNF going for 3 IB looks like?
14:13 Uttam : 24881
14:14 Uttam : trend day set up in it
14:14 Uttam : now with NF also in sync
14:14 Shubham Q : NF sl hunt of morning stops?
14:15 Shubham Q : shorts*
14:15 Uttam : abhi t party shuru hui hai 😉
14:15 Uttam : boom boom BNF
14:15 Uttam : funally tagging that vpoc of 24810
14:15 Shubham Q : why not NF 45degrees?
14:16 Uttam : je baat – (14:13) Uttam : BNF going for 3 IB looks like?(14:13) Uttam : 24881
14:16 Shai : +1
14:16 Shai : only BNF today
14:17 Uttam : finally banks showing they are worth more than RIL 😉
14:17 Uttam : abki baar 25…?
14:18 Uttam : 24935 was the 1atr on upsidei n BNF above that Fridays FA of 24277
14:19 Uttam : some big bookin seen in BNF last 2 5min bars
14:19 Uttam : 24850 immd sup
14:19 Uttam : 0s there
14:22 Uttam : new high post 2:15 in both
14:22 Uttam : could make for an intersting set up for rest of the week
14:23 Shubham Q : above 25230 will set an higher tf imbalance
14:24 Shai : squeeze is from banks + bharti
14:24 Uttam : can NF test that 11745?
14:24 Shai : NF has 20 abv 11700
14:25 Uttam : done dona done – (14:17) Uttam : abki baar 25…?
14:26 Shai : 11690 trailing
14:26 Himanshu : Chief pls adjust 30 mt –
14:27 Uttam : your upper floor neighbour conplaining H 😉
14:27 Himanshu : yes
14:28 Himanshu : He is saying why we are poking ,,
14:28 Uttam : you better warn the guy aboveh im too then 😉
14:28 MJ : Himanshu thanks for 25k 😀
14:28 Himanshu : 25250 Squeeze
14:28 MJ : @sandesh baba kidhar tum?
14:30 Chetas : guys, any idea when is the US election results, is it tomorrow morning?
14:30 Himanshu : But – Height pe Fear bhi hain..
14:30 Uttam : 25105-165 possible in BNF above 25035
14:30 Shai : wed it will hit us early morning
14:30 Prashant : charts
14:33 Himanshu : UG – I think Trump is betting on BNF /NF
14:33 MJ : 31.8.2020 high tag cometh?
14:34 Shubham Q : spike rules tomorrow
14:34 Uttam : done in a flash – (14:30) Uttam : 25105-165 possible in BNF above 25035
14:34 Uttam : Trend Day today S
14:34 Uttam : and let us first close 😉
14:34 Shubham Q : NF
14:34 Uttam : above 25165 BNF on for 25251
14:35 Uttam : boom boom
14:35 Uttam : 26160.8 high
14:35 Uttam : (14:30) Uttam : 25105-165 possible in BNF above 25035
14:36 Himanshu : Hain – 26160
14:36 Himanshu : or 25160.8
14:36 Uttam : lol
14:36 Himanshu : UG – you have declared Trump Win already
14:36 Uttam : for now 25160.8
14:37 Himanshu : Now if NF decides to kiss 12040 –
14:37 Himanshu : who will take it without reliance ,,
14:37 Shai : NF exit long fully- (14:26) Shai : 11690 trailing
14:37 Shubham Q : bajaj twins hdfc twins
14:37 Shai : can retest 11650
14:40 Prashant : Shail, long only on break of highs?
14:40 K2dt : watta day
14:40 K2dt : imagine if RIL was in bull camp today
14:41 Shubham Q : we would have been above 11860 already
14:41 Shai : K move is done at 11735
14:42 Arcchit Agarwal : @ Shai .. its also the previous supply zone right?
14:42 KK : is bnf done ?
14:42 Shai : not BNF
14:42 Shai : BNF shoukld close at session highs
14:49 Shai : Ambani lost 5 billion $ today and is down to 68 billion on the Forbes list according to WA university 🙂
14:49 Ankush Jain : WA univ badi tezz hai
14:50 Jitender : means 2.5 antilla’s lost 🙂
14:50 MJ : Bear cartel PR strong on Ril. @Shai.
14:50 Shubham Q : HDFC beats streets estimates
14:50 MJ : Time to see OF nicely.
14:50 K2dt : loll
14:51 MJ : Let volume guide us 🙂 I still remember your 900-880 levels via mp and OF.
14:51 MJ : way before all this buying stake and bla bla.
14:52 Ankush Jain : RIL cracking
14:53 Shai : BNF trend day and RIL trend day
14:53 Shai : both have to do what they have to do
14:53 Ankush Jain : Aur uske beech mein NF
14:53 Shai : 🙂
14:53 MJ : If we close above 25k it is going to be first close above 25k since 13th march.
14:54 MJ : for bnf
14:54 Shai : that K period was a killer again , went from full blue to full red in NF
14:54 Shai : Yeah BNF is a major laggard
14:54 Shai : Feb we were trading at 29000 plus
14:54 MJ : Yep shai
14:55 Shubham Q : BNF still at halfway from the pandemic fall….where other indices were significantly up
14:56 Uttam : BNF needs to adress that 4300 point day of 13th MAr
14:56 Uttam : 25670 was high
14:56 Uttam : 2nd MAr high 29791
14:57 Shubham Q : whats RO point 11665 on tpo charts chief?
14:57 Uttam : Roll Over point of Nov series
14:58 Shubham Q : thanks UG
14:58 Uttam : BNF already 1000 points above the RO point 🙂
14:58 Uttam : 24110 it was
14:58 Arcchit Agarwal : Its 11735/45 still a valid supply zone in Nifty?
14:59 Uttam : 25163.45 is the new high in BNF – (14:30) Uttam : 25105-165 possible in BNF above 25035
14:59 KK : can RIL close above 1950 by closing ?
14:59 Shai : 09:05) Shai : 11730 is the selling from thursday and on watch again for supply(
14:59 Shai : supply looks take out for now
14:59 Uttam : +1
14:59 Shai : watch for a move abv 11745 if it comes
15:00 Shai : we could run to 11812 in that case
15:00 Arcchit Agarwal : thank you 🙂
15:00 Shai : No trades here for now in NF
15:00 Uttam : (14:24) Uttam : can NF test that 11745?
15:10 Ankush Jain : looking unlikely now
15:13 Ankush Jain : 11735-40 zone looking trcky for NF
15:13 KK : rumour might have truth, otherwise they would have clarified by now
15:13 Ankush Jain : 3rd time failed to cross in 3 days
15:13 Ankush Jain : the magnitude of fall is quite something
15:13 Rahul : bnf ka hio gaya ?
15:14 KK : booking probably..not carrying ovrnight..
15:14 Uttam : 45degree playing out in NF?
15:15 Uttam : 11700pe from 141-159 booked
15:15 KK : +1 same
15:15 Uttam : can do 175
15:15 Prashant : all this can’t be profits booked
15:16 KK : circuit @ 10% ?
15:16 Uttam : we have a probable weekly FA setting up but lets see how it goes
15:16 Rahul : shai ur levels of 11650 there
15:16 Ankush Jain : RIL still falling
15:19 Uttam : change of polarity seen in BNF – (14:15) Uttam : funally tagging that vpoc of 24810
15:20 Sumeet : Uttam, weekly FA would be confirmed at 11550 ?
15:21 Uttam : 11560
15:21 Uttam : but first sign would be teh acceptance of NF below 11670
15:22 Sumeet : thank you Uttam
15:22 Uttam : 🙂 _/\_
15:24 Prashant : Uttam, but it did spend more than 30 mins above IBH?
15:28 Uttam : not daily FA Prashanth
15:29 Uttam : 11720 / 11675 dejavu feeling in NF
15:29 Uttam : same levels as Friday 😉
15:30 Uttam : thanks All 🙂 have a lovely evening