Order Flow charts dated 07th August 2020

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

Vol Pic2 Nf 4 Order Flow Charts Dated 07Th August 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 4 Order Flow Charts Dated 07Th August 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/667476245
08:59 Vtrender Live : 5 min charts of BNF, password vtrender- https://zoom.us/j/8647754567?pwd=SThUUzhiaENTRzEwdjRGZ3c2OTFvUT09
09:00 Vtrender Live : 5 min charts of NF – https://join.me/562-380-933
09:03 Nagaraj : Goodmorning all
09:03 Himanshu : Gmorning all
09:04 Avinash : GM Everyone
09:05 Shai : Gm all
09:05 Krantik Bordoloi : goodmorning
09:06 Uttam : Good Morning All 🙂
09:07 Manikandan : Gm all
09:07 Shai : 11170 ref line for the open today
09:08 Shai : expect a mildly positive bais back to 11250 is that sustains
09:08 Shai : 11027 is still the lower supp
09:08 Shai : supply persists 11280- 11295
09:08 Tejpreet : GM All
09:09 Neeraj : Gm all
09:09 Rohan : GM All
09:09 Rupen : Good Morning Guys
09:09 Shai : expect open auction and mostly an inside day till 2 pm when we let fryday rule
09:10 Shai : Hope everyone had a good webinar yesterday and are ready to get cracking with the information you now have
09:10 Shashidhar : yes
09:10 Ankush Jain : yes
09:10 Rohan : Yes, it was awsome shai
09:10 Shai : +1
09:10 Sridhar : Good Morning all
09:11 Vishnu : great webnair shai
09:11 Sridhar : New to Vtrender
09:11 Ketan : +1 shai
09:12 Giridhar Gowravajhal : GM all !!!
09:12 Uttam : +100 Shai
09:12 Uttam : welcome to VT Sridhar
09:12 Anuj : GM everyone
09:12 Rajesh G : welcome sridhar , u are at a amazing place
09:13 Sridhar : THANKS
09:13 Sumeet : s
09:13 Sumeet : Sridhar keep a book handy ! Cannot stress this enough. Write notes. You’ll learn in spades
09:13 Sridhar : OK
09:19 Uttam : BNF looking weak
09:19 KK : Reliance , OPen drive ?
09:21 Shai : poss balanced profile yesterday
09:21 Shai : wait for VAH clearnace
09:22 Shai : https://mplite.vtrender.com/?symbol=RELIANCE&tf=daily&tpo=1&sp=1&startDate=&endDate=&nDays=8
09:22 Shai : open auction expected guys
09:27 Shai : https://mplite.vtrender.com/gchart/?symbol=NIFTY&tSpot=&tDate=&tTime=&ivc=0
09:28 Shai : One point ref guide for all your option needs of greeks
09:28 Ankush Jain : +1
09:28 Ankush Jain : they are upadted live?
09:32 Shai : yes
09:33 Uttam : thanks so much @Suyog +1000
09:33 Suyog : by default its a 5 min refresh
09:33 Suyog : *auto-refresh i mean
09:35 Uttam : reds failed to take it lower in NF so now looks like wil be forced out
09:38 Mahvir : UG : can a bullish trade be taken in BNF?
09:38 Uttam : good green in BNF here
09:39 Ankush Jain : these 0s workable in NF?
09:39 Uttam : IB at vwap
09:39 Krantik Bordoloi : Shai, are the 0s in the last candle significant?
09:40 Uttam : 11180 & 21520 levels on watch
09:40 Rahul : 1+ UG for that observation of red forced out
09:40 Shai : Buy NF 11199 sl fo 11169 tgt 11250
09:48 Himanshu : IN
09:48 Bhushan : IN
09:48 Kumar null : in
09:58 Rajesh G : guys u remember jit your contra move after expiry
09:58 Shashidhar : Returned back from VWAP
10:00 Uttam : 11200 has been getting some supply
10:00 Uttam : needs to be taken out
10:00 Shashidhar : at yesterdays VWAP
10:00 Uttam : 11180 being defended for now
10:00 Uttam : so IB in control
10:01 Shai : Exit the NF trade at cost here 11200
10:01 Rahul : done, thanks shai
10:01 Siddharth : out
10:01 Shai : we wait on an extension to trade this now
10:01 Kumar null : out
10:02 Rahul : ?
10:03 Santosh : out now at cost in 11200 ce
10:03 Aditya09 : shai is the continuese negetive cot changed your mind
10:03 Rajesh G : i think it is RS
10:06 Shashidhar : probably negetive cot closer VWAP
10:06 Shai : yes window was open on B to take it higher
10:06 Shai : but demand is not seen
10:06 Ankush Jain : not to rely on C?
10:06 Shai : so it needs an extension setup to get in
10:06 Ankush Jain : its coming
10:17 Anuj : timely exit
10:17 Anuj : +1 shai
10:20 Himanshu : B low – C low same so far 11181
10:27 Sanjib : holding on to morning 0s
10:32 Uttam : vwap being defended in both
10:33 Uttam : lets see what D has in store
10:42 Govind : Uttam, I heard there is some Sup Court decision today on Moratorium at 11am or so?
10:43 Govind : perhaps markets waiting for that?
10:43 Uttam : today or Monday?
10:44 Uttam : 40k in BNF
10:45 Uttam : exactly at S
10:45 Uttam : 21540
10:45 Arjun : what is S?
10:46 Uttam : same in NF also at 11165
10:46 Uttam : S was by mistake 🙂
10:46 Sanjib : This is HVN area
10:46 Himanshu : Just – News to consider, Trump signed executive order to procure drugs only from US companies – made in US
10:46 Uttam : Shai’s level yesterday was 21540
10:46 Himanshu : Our Generics cos might suffer with this move.
10:47 Sanjib : So Lupin sold off after results today? #justsaying
10:48 Krantik Bordoloi : https://www.business-standard.com/article/companies/sebi-moves-sessions-court-against-ril-for-violation-of-companies-act-120080601799_1.html
10:48 Krantik Bordoloi : will this have any serious impact?
10:48 Himanshu : May be – list of drugs are not mentioned – but you know that in Pharma we are at inflated levels, so correction there could be heavy on Pharma
10:48 Sanjib : +1 H
10:49 Himanshu : may be they are waiting for list to be out – or its just election based Pompus Tweet
10:53 K2dt : its a 5 lac penalty Krantik..
10:55 Rajiv Ohri : JIT missing your inputs!
10:56 Krantik Bordoloi : oh ok, not significant then, thanks @K2dt
10:57 Himanshu : Chart room charts are gone
10:58 Himanshu : is it my end only or..
10:58 Uttam : charts fine H
10:58 Govind : fine H
10:58 Uttam : both NF & BNF in prev 2-day comp value
10:58 Arjun : how can we say these reds are pilling on or getting trapped?
10:58 Uttam : receipe for perfect Fryday cooking up
10:59 Uttam : volumes are pathetic today
10:59 Govind : a doom followed by a boom would be nice 🙂
10:59 Uttam : can spike to all places 😉
11:00 Rahul : Shai can u please adjust MP charts
11:01 Uttam : they are fine na Rahul?
11:01 Sanjib : coiling around that HVN at 11169
11:02 Uttam : yes that is the comp POC too Sanjib
11:02 Rahul : okie UG , i thought we can move up a bit 🙂
11:02 Sanjib : thanks UG
11:02 Uttam : if A period singles go then may be we need to pull it up
11:03 Uttam : boom boom coming?
11:04 K2dt : nice upmove from dpoc
11:04 K2dt : now lets get some vols
11:05 Santosh : unable to login mobile.
11:05 Santosh : had to wait for power to comeback.
11:07 Uttam : you are already logged in na Santosh 🙂
11:08 Uttam : you will need to logout from system and tnen login to the mobile
11:09 Uttam : Nf needs to get above 11196
11:15 Uttam : (11:03) Uttam : boom boom coming?
11:17 K2dt : u spotted it UG…+100
11:24 Uttam : 11200 not giving gate pass
11:30 Uttam : bandh karo markets 😉
11:30 Uttam : lets have a early weekend ;-p
11:30 K2dt : lol
11:30 Krantik Bordoloi : yes, boring day
11:33 KK : bnf
11:34 Tejpreet : Jit you were mentioning SC hearing today at 11 am…. can’t see any new or tweets on that any updates
11:35 Anuj : FRYDAY
11:36 Ankush Jain : for time being DRYDAY
11:36 Uttam : Frydays are never dry days ;-p
11:37 Ankush Jain : for time being
11:37 Avinash : Waiting for G period
11:47 Uttam : RE coming?
11:47 Uttam : lets get some more vols please
11:47 Uttam : NF is having vols of BNF
11:47 Uttam : 60-60k per 5mins
11:48 Uttam : 60-70k
11:50 KK : 25K green,, chance of getting stuck ?
11:57 Himanshu : fall slept
11:57 Himanshu : No position – S ( Sleep ) TPO
11:58 Himanshu : UG – karna Kya Chahte ho.. Khali Inventory – Bhar rahe ho.. Retailers ko do no baju leke
11:59 Anuj : JAG GYA
11:59 Himanshu : They heard my crib
12:00 Rajiv Ohri : any news?
12:00 Vyom : lots of 0s in Nifty? Shai, is this a good place to fo long?
12:01 Shai : Buy NF 11229 sl of 11201 tgt 11273
12:02 Vyom : +1
12:02 Shai : extension trade
12:02 Shai : 15 mins early
12:03 Shai : can stay here for 10 mins but can give another spike of 30
12:03 Vyom : Shai stop loss is just below 0s right?
12:03 Shai : Yes
12:04 Shai : 11199 trigger out
12:04 Vyom : yes thanks
12:04 Avinash : extn trade is expected in the F period Shai?
12:05 Shai : was expected in G
12:05 Avinash : I was looking at that as well
12:06 K2dt : +1 chief
12:07 Uttam : (11:47) Uttam : RE coming?
12:09 Sunder : what is RE
12:09 K2dt : +100 UG
12:09 Aditya09 : range extension
12:10 Avinash : Spot is still in IB
12:11 KK : 2 IB is 283, just to understand, so we are targeting just below 2 IB ?
12:11 KK : oh yesterday’s high..274, my bad
12:17 Himanshu : UG DHI – 21795.95
12:17 Himanshu : Is like machine order
12:18 Uttam : 21800 is the 3day comp VAH in BNF H
12:18 Uttam : so stalling here to pay repect
12:18 Uttam : before next leg
12:19 KK : 21996 to 22k , it has been going to ..
12:19 Himanshu : Fry Day will be over – this or from here leg down
12:19 KK : 960*
12:20 Santosh : _/\_ respect to HVN.
12:24 Siddharth : SL trigerred on NF
12:24 Shai : NF stopped- exit
12:25 Shai : second set of 0’s came
12:25 Shai : 🙁
12:26 Avinash : The polarity is down now
12:26 Fenil : no worries…we had a super duper week till now
12:27 Himanshu : When I see Machine order or numbers like this xxxxx.95 type with 20K over Red COT on spike – if not resolved in 4- 5 bars tends to slide down
12:27 Himanshu : in BNF
12:28 Himanshu : UG – 2nd attempt to break – A singles
12:29 Himanshu : 11065
12:29 Shai : 11165 supp
12:29 Himanshu : oh Sorry 11165 morning singles
12:29 Himanshu : Sorry
12:30 Uttam : a nice 3-1-3 profile in NF
12:31 Himanshu : Chief – Open Auction so – we can fade boundires
12:31 Uttam : we have a nice balance inside 2-day balamce also H
12:32 Shai : yes upmove cancleeed out
12:32 Seshadri : shai is shorting with SL 11216 a good trade
12:32 Shai : either close here today or lower
12:32 Shai : No 11165 is open supp
12:33 Shai : No trade here
12:33 Himanshu : ok
12:38 Sridhar : its ok am watching only
12:39 Sridhar : ill not taken any positions till now
12:39 Maxis : market resisting at 11190
12:42 Maxis : also ista a dpoc and vwap
12:44 Maxis : broke
12:47 Santosh : thanks shai and UG, small scalp done at zero to vwap in nifty PE.
12:48 Anuj : 11190 getting fatter in profile
12:48 Anuj : prominent POC
12:49 Shai : yes
12:49 Shai : Alos is weekly POC
12:49 Shai : market resting
12:50 Shai : 11200 ce pe will be happy
12:50 K2dt : next week trending Shai?
12:50 Anuj : +1 shai
12:51 Shai : 11100= 11290 needs a workout
12:51 K2dt : +1
12:51 Shai : some more pending
12:51 Shai : think I mentioned it yesterday also
12:54 Santosh : now at zero’ in nifty.
12:55 Rajiv Ohri : Shai witht he Kind of IS in the 12.30 bar why has the NF not done more
12:55 Rajiv Ohri : downwards
12:56 Maxis : u need about 5 stacks of 0’s to make it count. that waht Cief mentioned in yest’s webminar.
12:56 Maxis : @santosh
12:57 Uttam : demand is coming in Rajiv and we hardly brolke below that IS bar lows
12:57 Uttam : if it is a big initiative seller, we would be making a RE down
12:57 Uttam : follow up is important
12:57 Uttam : to any IS or IB
12:57 Uttam : else that seller or buyer not doing a good job
12:58 Uttam : plus context is a balance ofrming
12:58 Uttam : so in between this range we can see many stuck players
13:00 Prashant : Follow up is important..+1
13:05 Santosh : @maxis, for scalping for 4-5 points at ATM, u can use those zero’s but strict SL.
13:06 Santosh : this was idea from UG during discussions this week on tuesday. nibble trades.
13:07 KK : bell will require this to go back to 11190.
13:24 Ankush Jain : it did
13:25 Uttam : 109-114 11200pe
13:25 Avinash : +1 UG
13:26 Rajan : +1 UG. What made you take this trade??
13:26 Kaustubh : what are the blue arrows in OF chart
13:27 Uttam : 11222 stuck 25k green Rajan
13:28 Uttam : waited for NF to get back into todays Value
13:28 Uttam : but gave only dPOC tag
13:28 Uttam : vwap also there
13:28 KK : 11195 to 11210.booked
13:28 Rajan : Thanks UG
13:29 Avinash : +1 KK
13:29 Uttam : when a balance is forming we can look at signals to fade the extremes
13:29 Uttam : vwap holding yet again
13:29 Uttam : low volumes day spiking all over so it is more of a lottery today 🙂
13:30 Uttam : better R:R trades would be to fade the exteremes
13:30 Uttam : breakout trade failed in the afternoon and G did not make new hgihs
13:32 Sumeet : bouncing off of dvah
13:33 Sanjib : 11250 CE 81.85 to 77
13:34 Uttam : once again 11218 to 11195
13:35 K2dt : vwap,yvwap and dpoc all aligned together in nf
13:35 Uttam : taking a trade at vwap is more like a lottery I meant on days like these
13:41 Krantik Bordoloi : bell shaped curve today
13:41 Uttam : yes
13:42 RiteshM null : uttan Bnf
13:42 Uttam : Value also inside previous Value
13:42 Uttam : both
13:42 Uttam : NF & BNF
13:45 Uttam : Speedo showing 70 in both
13:45 Krantik Bordoloi : where is the speedo?
13:46 Tejpreet : Uttam need one 100 pointer tpo in NF Kor L 🙂
13:47 Uttam : in joinme & zoom links given in the morning – (13:45) Krantik Bordoloi: where is the speedo?
13:47 Uttam : yes Tej Fryday ka ek move to banta hai
13:50 Maxis : 100 pointer tpo, that too in nf, how guys?
13:51 Maxis : u mean nf should move a 100 points, in either K or L period?
13:52 Tejpreet : Yes Maxis , fryday move
13:52 KK : it gave a nice entry at 215 with SL 222,let’s see if Tej wish goes to the right side/
13:55 Sanjib : again 11250 CE 82.5 to 79.5
13:57 KK : 215 to 198 booked
13:58 Rahul : DPOC, YVAP, VWAP, VPOC all in 10 pointer range … Sahi hai
14:00 Seshadri : 11200 PE CE writers day
14:01 Rahul : volumes have also gone for earlt weekend
14:03 KK : greens at the top in bnf
14:04 RiteshM : there is no -ve cot in bnf in last 60 mins
14:05 RiteshM : whats lavel to watch
14:06 RiteshM : 750?
14:18 KK : we are in k
14:20 Maxis : your moment KK
14:21 Maxis : u made that?
14:22 Maxis : RB at vwap
14:23 Krantik Bordoloi : Nf from IS to RB
14:24 Ankush Jain : NF love for vwap today
14:24 Sanjiv : Fryday has become a dry day today 🙂
14:26 Rahul : woooa some one stuck
14:26 Ankush Jain : wht was that
14:27 Krantik Bordoloi : look at those 0s
14:27 Anuj : 22000 Ce 200-242
14:29 Ankush Jain : cometh the hour cometh K
14:30 Ankush Jain : nifty chalo
14:31 Anuj null : dont spike fules apply
14:32 Avinash : Shai 45 Degree or spike?
14:34 Tejpreet : Uttam has given 58 in K still 9 minutes
14:34 Uttam : yes perfect set uo for 45 degree
14:34 Shai : yes can short for 11190
14:34 Uttam : low vols all day & a balance
14:34 Uttam : +1
14:34 Tejpreet : +1 Shai
14:35 Siddharth : sl?
14:36 Avinash : tx
14:36 Shai : sl is high + filter per the 45 degree rule
14:37 Shai : Also we have 0’s at top
14:40 Tejpreet : NFP data in US and Trump said few days they will be blockbuster …market punter 🙂
14:41 Tejpreet : Let’s see if mailed the same to nifty punters
14:42 Chintan : spx going down though … Motabhai taking this up
14:44 Avinash : infy fighting motabhai today
14:46 Shai : IBH has to go for 45
14:46 Krantik Bordoloi : RIL has big resistance at 22k, if broken i’m playing for 25k
14:49 Shai : exit if in NF shorts, take short below IBH only now with slk of 10 pts
14:49 Uttam : sike coming?
14:49 Uttam : spike?
14:57 Anuj : FRYDAY=BORING DAY
14:57 Shai : undecided market
14:57 Anuj : yes shai
14:58 Rahul : Shai most of time they managed to stay above vwap , so baised can be up ?
14:59 Shai : Bias was always up all day and we were looking longs only. Just trade facilatition factor went out when that spike happened in E
14:59 Rahul : okie
14:59 Shai : (09:07) Shai : 11170 ref line for the open today(09:08) Shai : expect a mildly positive bais back to 11250 is that sustains
14:59 Tejpreet : last chance for 3.05 bot to get 190
15:00 Shai : looking at 11200 pe abv 94 for 111 sl of 85
15:00 Shai : last trade
15:00 Rajiv Ohri : Below IBHin NS
15:01 Shai : 95 in
15:01 Irfan : in
15:01 Kumar null : in
15:07 Fenil : in
15:07 Rajiv Ohri : Shai we hold on to this trade for Monday?
15:08 Uttam : no Rajiv
15:08 Uttam : weekend carry is even more riskier with weekly options
15:09 Uttam : BNF wants to close above 21800?
15:09 Siddharth : SL hit
15:09 Siddharth : for 11200 PE
15:09 Shai : exit
15:09 Irfan : sl hit
15:10 Fenil : btw good amount of theta decay took place
15:10 Fenil : since morning
15:10 Himanshu : RBI – Meet – VIX Drop also
15:11 Shai : price just skipped that level in PE – did not break IBH in NF
15:11 Shai : 🙁
15:11 Shai : fri factor
15:11 Himanshu : CHief –
15:11 Himanshu : Bias is still up
15:11 Himanshu : we are in spike zone
15:11 Sumeet : weekend theta ?
15:11 Vijay A : Fry factor
15:12 Shai : No carries in weeklies over weekend
15:12 Shai : Always go with monthly if needed
15:12 Himanshu : yes
15:12 Himanshu : so 21.5K PE Aug mthly is safe
15:12 Sumeet : I meant, did it skip because of weekend theta decay kickin in ealry ?
15:12 Himanshu : or 21k PE
15:12 Uttam : I would rather go just with beers 😉
15:12 Himanshu : UG -…
15:12 Ankush Jain : Range Ext, 0s, 45 degree sab dokha ho gya aaj
15:13 Sumeet : +100 Uttam
15:13 Himanshu : I have to go with coconut water
15:13 Anuj : +1 UG
15:13 Fenil : +100 UG
15:13 Avinash : I am with UG on this
15:15 Tejpreet : am taking 25% qty monthly 112k pe at 192 .
15:15 Himanshu : Buy or sell
15:16 Uttam : Tej always buys 🙂
15:16 Himanshu : kk
15:16 Tejpreet : +100 Uttam
15:16 Tejpreet : have put 201 booking order incase gets to ibh
15:17 Uttam : so you plan to not leave it till the close 🙂
15:17 Tejpreet : let’s see it hits 201 and then i also carry beers like you !!
15:18 Uttam : lol else scotch to hai hi 😉
15:18 Tejpreet : 😉
15:19 Shai : 45 degree has to execute below IB – (15:12) Ankush Jain: Range Ext, 0s, 45 degree sab dokha ho gya aaj
15:19 Uttam : yes NF did not go below 11213
15:19 Ankush Jain : noted
15:19 Shai : ext trade got canclleed due to 0’s at top
15:19 Ankush Jain : one of those days
15:20 Shai : trade facilitataion poor today
15:20 Shai : but profile is balanced
15:20 Shai : which means we can make up good on Mon
15:20 Ankush Jain : imbalace ahead
15:20 Shai : so there is trade opp and good trade facilitation ahead
15:20 Uttam : +100
15:20 Shai : we respind accordingly
15:20 Amit Jain : bnf 3 days balance now
15:21 Uttam : inside day in both
15:21 Uttam : value wise also
15:21 Uttam : Monday we need to make up for today
15:22 Ankush Jain : yes
15:22 Prashant : With Inside Value areas, I guess te outside VA H/L become relevant, right??
15:23 Uttam : we make a composite of the 2 days
15:23 Uttam : to get a composite Value area & the POC
15:23 Uttam : here we have 3 days of overlapping value
15:23 Ankush Jain : overall volume about just shy of 10m
15:24 Ankush Jain : fpr last few days we had more than 14m volumes
15:24 Uttam : poor trade facilitation 🙂
15:24 Prashant : ok
15:24 Ankush Jain : we have FA today?
15:25 Uttam : yes FA of the mind today as dimaag ka dahi day it was 🙂
15:25 Sumeet : New DD distribution day. Dimaag Dahi
15:25 Uttam : we extended only one side na so no FA Ankush
15:25 Uttam : lol Sumeet
15:25 Ankush Jain : ok
15:26 Anuj : have a good weekend bye all
15:26 Sumeet : Cheers guys. Have a super weekend. Stay Safe
15:26 Shai : Enjoy the weekend guys
15:26 Shai : Stay safe stay well
15:26 Shai : Let’s catch up Mon
15:27 Rajesh G : thanks shai
15:27 Rajesh G : same to u
15:27 Shai : should be a moving market Mon
15:27 Uttam : thanks All 🙂 have a lovely weekend & yes stay safe
15:27 RiteshM : bye all
15:27 Aditya09 : thanks all
15:27 Sanjiv : thanks Shai….have a nice weekend
15:27 Aditya09 : happy weekend
15:27 Sanjiv : bye all
15:28 Manikandan : bye all
15:28 Tejpreet : Bye All