Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction.
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow.
NF
BNF
Room Chat
08:45 Vtrender Live : 5 min NF charts – https://global.gotomeeting.com/join/673565981
08:46 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647755598?pwd=N0tZUFlqRVUvd2ZKUHpFQ2lRM0ZyQT09
08:48 Vtrender Live : 30 min charts – https://join.me/989-371-004
08:48 Rajeshgarg : is it possible to put 5 minutes nf charts on Join me. It takes lots of extra space at gotomeeting.
08:51 Rajeshgarg : this is as we used to do earlier..
08:54 Ravi : can we mute Goto meeting? there is a lot of noice
08:54 Ravi : noise
08:55 Surya ganti : click on settings and turn off audio output in goto
08:55 Ravi : thanks Surya
08:55 Ravi : done
08:56 K2dt : goto is better for nf i think..crispy numbers on goto..joinme compression dulls the 5 min charts
08:56 K2dt : chief can do a poll
08:56 K2dt : can u * ?
08:56 Shai : GM all
08:56 Surya ganti : gm all
08:57 Surya ganti : poll on slack i guess..not here
08:57 Ankush Jain : GM all
08:57 Shai : 14755 ref line for the ope today
08:58 Shai : Yesterday was an OTF led drive down with 3 inputs at 14900 and 14835 and a third one at 14755
08:58 Shai : we keep out focus on the 3rd one this open of today
08:58 SC : GM All
08:58 Shai : Any auction in the singles of Yetserday is positive for bulls
08:58 Abhishek : (08:56) K2dt : goto is better for nf i think..crispy numbers on goto..joinme compression dulls the 5 min charts, WITH K
08:59 Shai : 32970 ref line for BNF this open
08:59 Shai : same view of the singles for BNF also
09:00 Shai : Auction is 2 faced with buyers and sellers entering quickly and booking even faster
09:00 Shai : stay along with the tape
09:00 Shai : This market is taking a lot of late people prisoners
09:02 Ankush Jain : Shai yesterday’s transcript missing beyond 14:50 in 30 minutes charts. Was looking for Sls for 14800 PE
09:07 Adnan : chief dvah line was missing yesterday
09:07 Bhavin : GOOD MORNING TEAM…..
09:07 Uttam : Good Morning All 🙂
09:07 Uttam : https://vtrender.com/market-profile-analysis-dated-05th-april-2021/
09:07 Uttam : SL 140 T 285 – (09:02) Ankush Jain: Shai yesterday’s transcript missing beyond 14:50 in 30 minutes charts. Was looking for Sls for 14800 PE
09:08 Ankush Jain : Thanks UG
09:09 Muralidhar Kaja : +100(08:56) K2dt : goto is better for nf i think..crispy numbers on goto..joinme compression dulls the 5 min charts
09:10 Uttam : make it full screen @Rajesh – (08:48) Rajeshgarg : is it possible to put 5 minutes nf charts on Join me. It takes lots of extra space at gotomeeting.
09:11 Rajesh G : goto meeting
09:11 Rajesh G : cant see the bottom volume, cot, poc
09:12 Shai : It’s thre today- (09:07) Adnan : chief dvah line was missing yesterday
09:12 Rohit : Hide everyone in the attendee list. That will free up screen space
09:13 Uttam : take your cursor away from that screen so will be able to view all – (09:11) Rajesh G : cant see the bottom volume, cot, poc
09:13 Abhishek : you can even zoom up nicely without getting distortion
09:13 Shai : Re the charts , a decison was taken last week by consensus that we move from join me to Go To for 5 min charts. If you need a rethink on the same views are always welcome. Please DM Uttam for the same. He will take a call
09:13 Shai : back to markets and 14755 refd
09:18 Ankush Jain : 250 in that PE
09:18 Shai : Overbnight PE book out
09:18 Ankush Jain : booked
09:18 Shai : Peopl were watching Dow , Cow and Mow and expecting gap ups etc from 7 pm yesterday 🙂
09:18 Ankush Jain : ha ha
09:18 Swapnil : Shai _/\_
09:18 Ankit Maheshwari : booked 50%
09:19 Tejaswini : LOL Shai. True
09:19 K2dt : 540-701 32700pe
09:19 Yash null : 15k in bnf
09:19 Ankush Jain : some twiter guy was saying Tuesdays are always good greens
09:19 Yash null : highest since yest?
09:20 Surya ganti : lol to the dow, cow and mow 😀
09:20 Ankush Jain : fairly large IB in 5 minutes
09:20 Ankush Jain : Drive down chief?
09:20 K2dt : lool(09:20) Surya ganti: lol to the dow, cow and mow 😀
09:22 K2dt : sellers got a good entrypoint coz of the minor gapup 🙂
09:22 Ankit Maheshwari : No follow-up by OTF in second half, Shai could that be due to 50:1 Order:trade ratio?
09:23 Chandrashekhar : GM all
09:23 Muralidhar Kaja : :D(09:18) Shai : Peopl were watching Dow , Cow and Mow and expecting gap ups etc from 7 pm yesterday 🙂
09:24 Surya ganti : back to vwap
09:24 MJ : 80% rule in open in bnf?
09:26 Swapnil : Shail _/\_ again for timing on that exit from PE
09:26 Swapnil : Shai *
09:26 MJ : Chief that was a masterclass edition call.
09:26 Tejaswini : +1
09:26 Ankit Maheshwari : +100
09:26 MJ : who’d have thought!
09:27 Uttam : 14600ce from 150-170 on NF giving that RB at 14620 & getting above that 14674
09:28 MJ : setting up for ORR?
09:28 Tejaswini : Chief what read of the market (09:00) Shai : Auction is 2 faced with buyers and sellers entering quickly and booking even faster
09:28 Ankush Jain : that PE 180
09:28 Ankush Jain : 🙂
09:28 Shai : IB is good
09:28 Uttam : +1
09:28 Shai : may do 14820
09:28 Rohit : In yesterdays singles now
09:29 Surya ganti : huge reds.. SLOs?
09:29 K2dt : 32500ce 530-760
09:29 K2dt : woaaah man
09:29 Uttam : ext handle at 14805
09:29 Yash null : rr?
09:29 Bhavin : +1
09:29 MJ : bnf 33100 ce 222 to 422
09:29 K2dt : captured 350 option points !
09:29 K2dt : bn
09:29 Suresh : conrats to greens
09:30 Swapnil : Congrats MJ K2
09:30 K2dt : MJ bhaii cheers
09:30 K2dt : tx guys
09:30 MJ : Cheers green ones!
09:30 Ankush Jain : cheers
09:30 Ankit Maheshwari : Are those yesterday’s singles fighting?
09:30 Surya ganti : yep
09:31 Bhavin : REDS COMING IN NIFTY…. ARE THEY FRESH SHORTS OR LONGS BOOKING.. @ CHIEF
09:32 KK : bnf heading to 33330 ?
09:33 Uttam : 33226 ext handle in it
09:33 Ankush Jain : plenty of reds & 0s at top in NF
09:33 Uttam : 33195 immd ref on upside
09:33 Uttam : abv it can do 33322
09:33 KK : this is transition in BNF ?
09:33 K2dt : logging off now..dont want to give up..tc guys..stay safe
09:33 Surya ganti : awesome k2
09:33 Bhavin : GOOD JOB K2… CONGO….
09:34 MJ : Bhavin system might block you for caps
09:34 Bhavin : good job k2…. congo…
09:34 Bhavin : thanks mj for reminding
09:35 Shai : early shorts and early longs all squared
09:35 Shai : 14820 is there once with 14720 as sl
09:35 Prashant : holding above the open
09:35 MJ : Geddit!
09:35 MJ : chief.
09:36 Shai : Buy 14600 ce at 199 sl of 165 tgt 245
09:36 MJ : Twitter world got robbed eh?
09:36 Shai : (09:28) Shai : IB is good(09:28) Shai : may do 14820
09:36 KK : printing
09:37 MJ : Congrats KK.
09:37 MJ : where’s the press?
09:37 Uttam : lets do it BNF – (09:33) Uttam : 33195 immd ref on upside(09:33) Uttam : abv it can do 33322
09:38 Shai : 218 book half- (09:28) Shai : IB is good(09:28) Shai : may do 14820
09:38 KK : 5 DT.. I am logging off
09:38 Bhavin : +1 chief… cheers __/\___
09:39 Shai : 218 book half- (09:36) Shai : Buy 14600 ce at 199 sl of 165 tgt 245
09:39 KK : waise 32 K PE still is falling..but lets just take ..Yesterday lost 1 DT out of the greens in B..so today total out
09:39 Uttam : tagged – (09:29) Uttam : ext handle at 14805
09:39 Shai : book full- (09:38) Shai : 218 book half- (09:28) Shai : IB is good(09:28) Shai : may do 14820
09:40 Shai : what an open 🙂
09:40 Uttam : 🙂
09:40 Surya ganti : yep!
09:40 Uttam : missed the move down but got part of the reversal
09:41 Surya ganti : same UG .. another day, anothr bus to catch
09:41 MJ : Roj aisa open ho toh! #mungerilal.
09:41 Surya ganti : haha MJ.. totally
09:41 MJ : only OF can catch the transitions.
09:41 Bhavin : (09:40) Shai : what an open 🙂 :))) super classy…
09:41 Surya ganti : dont need to trade for the rest of the day
09:42 MJ : Thank you chief!
09:43 Shai : Cheers guys
09:43 Shai : B is in now
09:45 Abhishek L : thanks chief for the timely exit
09:46 Himanshu : GM all
09:47 Tejaswini : Thanks chief. Spot on with yesterdays carry, timing of booking that and then reversal of auction. Brief in the morning was simply amazing. You predicted two way fast auction and we were ready
09:49 Shai : Cheers
09:50 Shai : Our job is not to be taken a prisoner by the market. Take what you get, move on
09:50 Shai : There are plenty of opps
09:50 Ankush Jain : +1
09:50 Ganga Katara : +1
09:51 Shai : 14755- 14820 auction now
09:51 Shai : we wait for this to resolve
09:55 Ankit Maheshwari : 10AM Monetary policy tomorrow. BNF will get ready for it today
09:57 Ankush Jain : now suddenly its quiet very quiet
09:57 Rajan Modi : no vols
09:58 Chandrashekhar : writers in 1488 ce since mrning are getting out now
09:58 Chandrashekhar : 14800 ce*
09:59 MJ : no touchdown to vwap yet.
10:03 Ankush Jain : 14755
10:07 Ankush Jain : RBs coming around 14755
10:08 Shai : yes
10:08 Shai : still remains 14755- 14820
10:08 Shai : we respond if one goes
10:08 Shai : Allow a few points as prem moving as well
10:08 Shai : few points around zones
10:08 Ankush Jain : +1
10:14 Shai : 140 holding in 14800 oe still
10:14 Ankush Jain : yes chief. It made low of 137
10:14 Shai : PE*
10:15 Ankush Jain : A vols 25 lakhs, B 5.8 lakhs
10:15 Ankush Jain : 🙂
10:16 Shai : Buy 14800 pe 183 sl of 150 tgt 221
10:18 Swapnil : charts stuck
10:19 Swapnil : ok now thanks
10:20 Shai : exit the 14800 pe at cost here 182
10:20 Shai : have a late entry
10:22 Shai : If you are in profits consider taking the day out or trade extremely small now
10:22 Shai : Auction is choppy \
10:24 Rajan Modi : thx Shai _/\_
10:26 Ankit Maheshwari : prem back to 50
10:28 MJ : probable C high?
10:28 MJ : in making?
10:29 Chandrashekhar : you mean c extn on upper side MJ?
10:29 MJ : IB + RB + RB and one IS so far.
10:29 MJ : So plr upside?
10:30 Chandrashekhar : vols dried up…a push needed above 810 atleast
10:30 MJ : yes watching 780 zone.
10:30 MJ : 780-810 for vols.
10:30 MJ : one 2k bar
10:31 Chandrashekhar : Vwap touch done..looks like holding for now…but need vol expansion
10:33 Uttam : D ko aane do
10:34 Chandrashekhar : Uttam ne bola toh bas..:)
10:34 MJ : 14775 IS ka ghar.
10:38 Ankush Jain : NF trading in yesterday’s singles
10:38 Uttam : yep that is why negotiations on
10:39 Abhishek L : @uttam wats D
10:39 Abhishek L : new here
10:39 Uttam : D is the next TPO @A from 10:45-11:15
10:40 Abhishek L : ok
10:40 Surya ganti : 1045-1115 time period TPO is D
10:40 Ankush Jain : Nifty in #bajateraho mode as per chief
10:40 Ankush Jain : 🙂
10:40 MJ : Jit bnf ref on upside to check?
10:41 Shai : was a lte entry now proven by tape :)- (10:20) Shai : exit the 14800 pe at cost here 182(10:20) Shai : have a late entry
10:42 Tejaswini : +1
10:42 Shai : But there is no point in knowing it later right 🙂
10:42 Ankush Jain : made timely exit at par
10:42 Shai : you have to know when you take it
10:42 Bhavin : +1
10:42 Uttam : +1 Shai
10:42 Surya ganti : SL wud have hit by now.. rather exit at cost 🙂
10:42 Shai : spot at 14740 a no trade zone
10:43 Chandrashekhar : +1 Shai
10:43 Uttam : D ka swagat nahi karoge 😉 green band forming in NF
10:43 Chandrashekhar : @ uttam all yours now(10:33) Uttam : D ko aane do
10:44 Uttam : volumes need to confirm still
10:48 Jitender : 🙂
10:48 Yash null : ext handle needed? or else range bound?
10:48 Yash null : pi g pong?
10:48 Uttam : BNF got a cute little tail at top
10:49 Uttam : today’s hgih just below yesterday’s B period ext handle
10:51 MJ : You want that Cute little tail intact UG? Or go for the D high?
10:53 Uttam : good selling came in at 33175 and RB formed at 32775 – (09:33) Uttam : 33195 immd ref on upside(09:33) Uttam : abv it can do 33322
10:53 Uttam : no need to check next leg with 33090 ref on upside
10:53 Uttam : now*
10:58 Chandrashekhar : If we cross above 810 now, can we see 840 tag in NF?
11:01 Prashant : vols sutiable wiyh fake D?
11:02 Chandrashekhar : 540 grren at top…need follow up
11:02 Sunil : some buyers right at top of D
11:02 Surya ganti : cud be our flag bearers 😛
11:02 Prashant : can’t even get stops for now..
11:03 Govind : that EH @ 805 still absorbing bids
11:05 Uttam : yes morning RS also came at 14802 in NF
11:05 Ankush Jain : those 540 greens can be stuck
11:06 Chandrashekhar : 135 low this ie..(10:14) Shai : 140 holding in 14800 oe still
11:08 Surya ganti : 2200 reds!
11:08 Uttam : NF making new highs just before D gets over
11:09 Ankit Maheshwari : EOA
11:09 MJ : Biggie!
11:09 Uttam : Shai’s 14820 finally here
11:09 Surya ganti : SLO?
11:09 Sanjib : 2269 red
11:09 MJ : 2269
11:09 Uttam : BNF also waking up?
11:09 MJ : ces not making highs yet.
11:09 Uttam : for a change got buyers
11:09 Uttam : 33090 sustain karwao guys
11:10 MJ : 14800 stalled before prev high
11:11 Uttam : 14840 ref in NF now on upside
11:11 Ashok null : 2200+ new sellers UG
11:11 Surya ganti : cud be a stoploss order
11:11 MJ : not an EOA right?
11:12 Surya ganti : no zeroes at the top
11:12 MJ : @ankit
11:12 Ankit Maheshwari : ok
11:12 Shai : stop loss orders triggered abv 14812
11:12 Shai : supp at 14800
11:12 Abhishek : 835, was second major IS yesterday.
11:12 Abhishek : 14835 yestrday second IS
11:13 Sunil : Shai how can we tell SL orders from fresh ones
11:13 Shai : sl orders low liquidity types will have o’s in bid or ask
11:13 Shai : And 0’s below
11:14 Sunil : thnx
11:14 Shai : 14866 dioable if we hold 14800
11:20 Sunil : now do we enter here or we wait for it to test IBH first
11:24 Shai : Buy 14700 ce abv 162 sl of 133 tgt 211
11:24 Shai : we buy abv 162 or on a dip
11:25 Shai : 14800 a supp
11:25 Shai : Auctiion to do 14866/ 14901 as l;ong as that holds
11:27 Sanjib : scene of crime yesterday
11:28 Anand : Buy into this dip Chief ?
11:29 Favas : jit ur ref?
11:29 Shai : eyeing 128 on taht CE or abv 160
11:30 Anand : ok
11:32 Surya ganti : reds building up now?
11:35 Prashant : poc has shifted up?
11:36 Shai : Ignore the Buy abv CE
11:40 Shai : move up coming thru F
11:40 Shai : CE not doing well
11:40 Shai : F prem
11:40 Anand : sell PEs ?
11:40 MJ : 118 to 134 that 14800 crawled.
11:41 MJ : still bouncing up.
11:41 Shai : 14800 supp
11:41 MJ : yes chief.
11:41 Shai : below that 40 quick down
11:44 Muralidhar Kaja : @Shai is it a Failed Auction at 14849?
11:45 Uttam : for FA auction needs to first break below VWAP then the other side of the IB @M
11:45 Uttam : and firstly needs to stay outside IB in the first instance for less than 30mins
11:46 Shai : Buy 14800 pe abv 143 sl of 117 tgt 189
11:47 Ashok null : in
11:47 Jitender : 33140-33170 zone….& 32750 below favas
11:48 Chandrashekhar : 760 first obj in NF Shai?
11:48 Favas : tnks jit
11:49 Abhishek : Shai, we look for red tape or enter
11:49 Shai : it’s in
11:50 Shai : view was given for fast 40
11:50 Shai : (11:41) Shai : 14800 supp(11:41) Shai : below that 40 quick down
11:51 Shai : 14820 sl if in F
11:51 Rohit : Delhi night curfew from today
11:51 Surya ganti : wow nice call shai on the 40 pts
11:51 Arun : breakin 780 may take it to 730 val?
11:51 Prashant : this 324 red not an issue?
11:51 Ankush Jain : workers lining up at stations in Mumbai to go home
11:52 Shai : Reduce in the PE at 144 cmp
11:52 Shai : bring sl to 131
11:52 Shai : we trade at 12 point risk
11:53 MJ : 323 reds lower
11:53 MJ : upside down guy?
11:53 MJ : at 770
11:54 Uttam : that 1343 green fellow in BNF being forced to exit looks like
11:54 Chandrashekhar : that lower 30 min tgts there at both…finding RB’s
11:54 Shai : below 760 I’m expecting a 100 point crash
11:54 Uttam : 33060 to 32910
11:55 Ankit Maheshwari : Prem 70
11:56 Shai : +1- (11:51) Prashant : this 324 red not an issue?
11:57 Shai : Manage the PE at 14820 F now
11:57 Shai : we will add it on monentum again
12:02 Prashant : mkt almost standing still at times.
12:05 Shai : About to transition
12:05 Surendra : up or down?
12:06 Surya ganti : thats the surprise 😛
12:07 Shai : if it was up , why would we be in a PE 🙂
12:07 Shai : c’mon guys tune in