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
08:47 Uttam : https://vtrender.com/weekly-charts-01st-to-04th-december-2020-and-market-profile-analysis/
08:48 Uttam : https://vtrender.com/market-profile-analysis-dated-04th-december-2020/
08:48 Uttam : Good Morning All 🙂
08:49 Rahul : morning ug
08:56 Himanshu : Gm all
08:59 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/465224437
09:00 Vtrender Live : 5 min BNF charts additional – https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
09:01 Vtrender Live : 5 min NF charts – https://join.me/424-191-703
09:03 Shai : GM all
09:03 Shai : 13260 ref line for the open today
09:04 Romen : GM
09:04 Shai : NV day of friday should maintain bulllishness as we hold onto the A singles of Friday
09:04 Shai : 13176 suppotrt lower
09:05 Shai : 13344 to watch for supply
09:05 Shai : 30266 ref line in BNF
09:05 Shai : 29170 showed buyers and is a supp
09:05 Shai : 30430 to watch for supply
09:06 Rusi : Gm aall
09:10 Rusi : shai, why val and POC is zero today ?
09:11 Rusi : in BNF
09:13 Shai : There is a small bug in the value area calcs. Please refer to Uttam’s reports for VA
09:13 Rusi : ok
09:14 Uttam : this is 29710 Shai? – (09:05) Shai : 29170 showed buyers and is a supp
09:19 Shai : yes
09:20 Shai : 13260 to hold
09:20 Shai : 13222- 13340 to watch for supply
09:20 Shai : 30000 supp in BNF for open- 30370 to watchy for supply at this OAIR
09:25 Shai : icici, hdfc, axis, sbi , bharti have abv avg vols
09:25 Shai : rest are normal for the open
09:26 Shai : OAIR to play out
09:26 Shai : may try to fill the upper profile of fri
09:27 KK : HDFC Bk breakdown ?
09:38 Shai : held 1 at 30038- (09:20) Shai : 30000 supp in BNF for open- 30370 to watchy for supply at this OAIR
09:39 Uttam : today’s report – The spike zone from 30035 to 30277 would be on watch in the next session to see if it gets accepted or rejected
09:39 Uttam : low so fasr 30034.1
09:39 Shai : we respond if this is taken out – (09:05) Shai : 13344 to watch for supply
09:40 Uttam : Spot value not getting updated in the charts Shai
09:46 Shai : there is a change in symbols
09:47 Shai : Buy 13300 ce at 90- 91 sl of 76 tgt 114
10:00 Ankush Jain : red band & IS, we exit longs?
10:00 Anand : Red band.. exit ?
10:01 Shai : exit if 13222 breaks
10:01 Shai : 13322
10:06 Shai : All thats elling taken out
10:06 Shai : even in BNF you can see that it is late
10:07 Shai : still that 155K at 09.45 has stopped the upmove
10:08 Shai : in BNF the 177+244+ 282 at 09.55 came out at 10.00 lows
10:09 Uttam : will NF continue to give the C side ext today also?
10:13 Shai : spot prices updating now
10:14 Shai : C in
10:14 Ankush Jain : not updating
10:15 Shai : Make exit in the 13300 ce at 81 cmp
10:25 Uttam : now spot getting updated in NF
10:29 Shai : BN also
10:29 Uttam : yes +1
10:30 Shai : They changed a 2 decade old naming culture in Esignal
10:30 Shai : Now we have to just grin and accept it 🙂
10:34 Ankush Jain : 13300 ce/pe good RR?
10:37 Prashant : Shai, on login, webinato mentions stopping of flash support from Dec end. what is to be done thereon?
10:37 Ankush Jain : webinato app
10:39 Prashant : ok. works fine?
10:39 Ankush Jain : yes
10:39 Shai : yes use the webinato app on desktops
10:39 Ankush Jain : on my mac is working good
10:39 Shai : we have all switched there
10:40 Prashant : ok
10:42 Shai : not very good for intra- (10:34) Ankush Jain: 13300 ce/pe good RR?
10:42 Shai : 220 sl fpor positional
10:42 Shai : And intra also
10:42 Shai : may go to 160 by close
10:42 Ankush Jain : ok thanks
10:45 Tejaswini : The small C extension in BNF got around 1k greens. Could it be stop loss being triggered? Also now BNF got vwap due to that. how do we interpret this?
10:46 Uttam : thats a typical C side ext playing out T
10:46 Uttam : one of our most often occurring set ups
10:47 Tejaswini : ok. UG but those 1k greens would be stop losses?
10:48 Uttam : it doesnt matter, a big player in the C side dip gives extra confirmation of vewap coming
10:48 Tejaswini : ok. thanks UG
10:48 Tejaswini : So new high coming in BNF today?@UG?
10:48 Viswas : dull volume in nifty
10:49 Uttam : volumes on lower side and not staying above vwap
10:50 Ankush Jain : NF abv vwap
10:50 Uttam : tat was in reply to this A – (10:48) Tejaswini : So new high coming in BNF today?@UG?
10:50 Tejaswini : Yes. Thanks UG
10:50 Uttam : probable FA at lows though and need some good vols above vwap
11:04 Jitender : Tejas..wont tey be profit booking …(10:45) Tejaswini : The small C extension in BNF got around 1k greens. Could it be stop loss being triggered? Also now BNF got vwap due to that. how do we interpret this?
11:05 Jitender : oops..sry fr the color
11:05 Jitender : or a buyr
11:05 Jitender : just below ibl
11:11 Tejaswini : yes Jit it would be a buyer i guess
11:14 Jitender : just to gv u a little context fr bnf…we opened in spike zone…u got buyers at 30060 odd n sellers (and a dbl top ) at 210-240 zone
11:14 Jitender : both algo’s have gt their 120+ bps..and are out..leaving it to locals
11:15 Jitender : once u get vols now or a range bout..u will get a move
11:15 Tejaswini : +1
11:15 Favas : +1
11:27 Rajiv Ohri : NF premiums are eroding?
11:37 Shai : +1- (11:14) Jitender : just to gv u a little context fr bnf…we opened in spike zone…u got buyers at 30060 odd n sellers (and a dbl top ) at 210-240 zone
11:37 Shai : complete;lty filling up that zone
11:40 Uttam : BNF getting accepted in the spike zone – The spike zone from 30035 to 30277 would be on watch in the next session to see if it gets accepted or rejected
11:40 Uttam : NF once again forming a ‘p’ shape profile
11:41 Uttam : the way it began last week
11:48 Uttam : A pweriod singles in NF & probable FA in BNF
11:52 Uttam : 2 digits COT in NF ;-p
12:01 Augustin : What is considered as a decent volume in NF?
12:02 Shai : >700 contracts these days is decent i both
12:02 Augustin : Tks Shai
12:02 Shai : but that is also relatibe to the kind of auction playing
12:02 Augustin : Got it
12:03 Shai : fast moving markets will show 2000 contracts easy
12:03 K2dt : chief can we thin the poc line in 5 min charts? the numbers get difficult to read in join me with the compression
12:07 Uttam : boom boom
12:07 K2dt : perfect chief +1000
12:07 K2dt : boom boom
12:07 Uttam : (11:48) Uttam : A pweriod singles in NF & probable FA in BNF
12:07 Uttam : BNF confrims DA
12:07 Uttam : FA*
12:08 Viswas : wts this any news?
12:09 Shai : Buy 13350 ce at 68-69 sl of 52 tgt 92
12:09 Uttam : BNF on for 30355?
12:09 K2dt : chief tgt in nf terms?
12:10 Shai : 13422
12:11 K2dt : wooooo
12:11 K2dt : tx chief
12:11 Uttam : 30330 so far – (12:09) Uttam : BNF on for 30355?
12:13 Jitender : no Vishwas
12:14 Uttam : done & dusted – (12:09) Uttam : BNF on for 30355?
12:14 Sumeet : uttam, fa targets ?
12:14 Uttam : 300505 next?
12:14 Uttam : 30505?
12:14 Uttam : 30684 is 1 ATR S
12:14 K2dt : 31000 se kuch kam nahi UG ;p
12:14 Uttam : 31000 is the 1 ATR target from the weekly FA in spot
12:14 Sumeet : _/\_
12:15 K2dt : chief 13350 is a good sl?
12:16 Shai : 13222 is till close
12:16 K2dt : tx chief
12:16 Augustin : 13322*?
12:19 Uttam : overlapping POC in NF at 13370
12:21 Devkant : 221 buyer halted the upmove?
12:24 Uttam : 30460 spot is a weekly VPOC in BN
12:24 Uttam : so the next probable objective
12:27 Uttam : this continues (12:19) Uttam : overlapping POC in NF at 13370
12:28 Shai : 13300 cer under pressure
12:29 Shai : slippage was 6 points in the movce we saw for 13300 ce
12:29 Shai : 86- 92
12:30 Shai : Algo traders 🙂
12:30 K2dt : 🙂
12:41 Shai : Another 25 point bump up in NF should come
12:46 Shai : 13555 band play for supp
12:47 Shai : saw how the band picke dup supp right where the 0’s are in NF?
12:47 Shai : That’s the intelligence I love about them
12:47 K2dt : chief 7 bars poc at 369 :)))
12:48 Shai : yes spike accepted
12:48 K2dt : +1
12:48 Uttam : IB bar closing above the 30min upper ref in NF
12:49 Shai : one green band in NF here will signal new buying
12:50 Viswas : shai sir how global market can react on brexit. whats your view
12:55 Uttam : BNF getting ready for the next leg looks like
12:55 Uttam : je baat
12:56 Shai : came?- (12:41) Shai : Another 25 point bump up in NF should come
12:56 Uttam : 🙂 +100
12:56 K2dt : _/\_
12:56 Sumeet : came !
12:56 Shai : 410/ 422 calling
12:56 K2dt : lets connect then :))
12:56 K2dt : ee halo
12:58 Shai : 🙂
12:59 Vishnu : 3 dt nearing
12:59 Ankush Jain : chalo nifty
13:00 K2dt : congo V
13:01 Shai : 77 reduce half , sl at 65 on rest- (12:09) Shai : Buy 13350 ce at 68-69 sl of 52 tgt 92
13:11 Uttam : coming? – (12:14) Uttam : 30505?
13:11 Ankush Jain : here comes the green band
13:12 Uttam : 30466 is 2 IB in BNF
13:14 Uttam : 30333 hihg in spot so far
13:14 Uttam : 30460 wanted in it
13:16 Uttam : 30350 ref in BNF
13:17 Uttam : below that can test 30235 again & below it VWAP
13:20 Uttam : NF has HI as day HI so far
13:29 Uttam : BNF not in sync
13:29 Uttam : some big reds in it here
13:29 MJ : 608+474 bnf gives nice trade.
13:29 Uttam : red band coming now
13:30 MJ : Wants to go to the singles in middle of the profile?
13:30 Uttam : youd had a much biugger 1264 red in BNF before MJ so those reds have been coming in from morning
13:30 MJ : I just logged in UG.
13:30 Uttam : just the reds do not give a trade – we want bands to confirm the supply
13:30 Uttam : so please do not confuse the new guys
13:30 MJ : Commenting on the trade I took. with bands that followed..
13:31 Uttam : bands came after you took the trade which normal guys like us cannot forsee
13:32 Uttam : lets stick to the trades explained in the TL so that the new guys can follow them
13:33 Uttam : (13:16) Uttam : 30350 ref in BNF(13:17) Uttam : below that can test 30235 again & below it VWAP
13:33 Sanjib : that’s a solid red COT in BNF
13:33 Uttam : yes Sanjib
13:33 KK : whats that white dotted line ?
13:33 Prashant : This is showing 13370 as dpoc but i think 13330 has the max vol
13:33 Uttam : 30min levels KK
13:33 KK : is it goig to cross 245 back ?
13:33 Sumeet : lower and upper levels to watch out for based on last 30 min data
13:33 KK : ok, thanks
13:34 Sumeet : matches the upper30m and lower30m shown on chart
13:34 MJ : righto
13:34 KK : SPX to showing one lower touch to come ?
13:34 Sumeet : one tap to vwap pls
13:35 MJ : Will take a note of that UG.
13:35 Uttam : thanks MJ 🙂 +1
13:35 Uttam : (13:16) Uttam : 30350 ref in BNF(13:17) Uttam : below that can test 30235 again & below it VWAP
13:35 Uttam : 30235
13:35 Uttam : sorry 30240 it is
13:36 KK : lets go back, IBH support
13:36 Sanjib : 30380 has three rows of zeroes
13:37 Uttam : 30330 ref now on upside
13:37 Tejaswini : coz of the POC @UG? there are 0’s above that
13:38 Uttam : 861 red we have there T plus yes POC of IS bar
13:39 Tejaswini : cool
13:39 Uttam : 30235 holding is good 🙂
13:39 Uttam : but upside needs to get accepted above 30330
13:40 Uttam : 30235 broken
13:40 Uttam : vwap tag here in both
13:40 KK : momentum ..
13:40 Rahul : vwap jayega kya ?
13:41 Shai : BNF not looking good
13:41 KK : yup +1
13:41 Shai : for longs that is
13:42 Shai : NF TSL in 13350 ce taken at cost
13:42 Shai : 13222 supp
13:42 Shai : BNF weakened at 30370
13:45 Shai : 30210 sm,all supp for 30370 cmp 30260
13:48 Tejaswini : Shai is it frsh selling in BNF?
13:49 Shai : no
13:49 Shai : 30280 trailing- (13:45) Shai : 30210 sm,all supp for 30370 cmp 30260
13:54 Viswas : spx sliding
13:54 KK : any news in Europe ?
13:57 Viswas : brexit talk and some shutdown
14:01 Rajiv Ohri : When do these PE writer of 13300 get in to trouble?
14:02 Rahul : vwap gaya kya ?
14:02 Rahul : world markets were dii
14:02 Rahul : diff
14:03 Rahul : shai, 13322 is rock solid till now
14:04 Ankush Jain : some greens kicking in
14:05 Shai : Buy is abv 13345
14:05 Shai : sl of 13320
14:05 Shai : or green band
14:07 Shai : Buy 13350 ce at 60- 61 sl of 52 tgt 82
14:14 Viswas : global meliting continuesly.
14:14 Shai : exit this at cost 62- (14:07) Shai : Buy 13350 ce at 60- 61 sl of 52 tgt 82
14:15 Shai : BNF is not inspiring
14:16 Shai : that 30370 breaking created noise
14:16 Ankush Jain : Shai 30m lower band< day lower band. It suggests we can break 13227, but likely to close abv it?
14:17 Shai : No- that is forming ranges for close and tom open
14:17 Ankush Jain : ok
14:17 Shai : 13300 breaks thoi period we go much lower it says
14:17 Shai : but 13222 is rock solid before that
14:18 Ankush Jain : o sorry, my bad
14:18 Ankush Jain : read it as 13327
14:18 Shai : we trade for 13260/ 13227 if that goes
14:18 Sanjiv : u mean 13322?
14:19 Shai : 13322- (14:17) Shai : but 13222 is rock solid before that
14:19 Shai : Yes Sanjiv
14:19 Sanjiv : tx
14:21 Shai : that 13500 ce now looking good
14:21 Shai : can do 75 same sl of 52
14:22 Sumeet : 13350 ?
14:23 Shai : 13350**
14:23 Shai : Pardon the tardiness guys
14:28 Rajiv Ohri : Shai 13370 still relevant?
14:28 Uma : How do we interpret )s in the middle (BNF)
14:28 Uma : 0s
14:29 Shai : supp
14:30 Uttam : @Uma BNF game changer was the 14:00 bar which showed red COT broke below VWAP but did not give a follow through
14:30 Shai : 60 supp now in 13350 ce
14:30 Uttam : those reds being made to get out looks like in BNF
14:30 Shai : can add abv 69 again- you should get a straight 6 point jump to 75
14:30 Uttam : 549 green at top
14:31 Anand : So we can trail SL to 59 ?
14:31 Shai : yes
14:32 Anand : _/\_
14:34 Shai : stiull looking for BNF to challenge 30370
14:34 Tejaswini : 10 min for K
14:34 Tejaswini : to do its thing
14:42 Ankush Jain : looks like K won't make a move today
14:42 Tejaswini : Hmm. yup
14:46 Shai : 72
14:46 Uttam : 30200ce from 339-375 on that view Shai 🙂 –
14:47 Ankush Jain : 13350 making a move
14:47 Uttam : greens galore in BNF
14:47 Uttam : 1003
14:47 Uttam : boom boom
14:47 Shai : 30370- (14:34) Shai : stiull looking for BNF to challenge 30370
14:47 Uttam : +1
14:47 Uttam : (14:46) Uttam : 30200ce from 339-375 on that view Shai 🙂 –
14:48 Uttam : bring the spike on 😉
14:49 Jitender : Shai..any signs of ST top being made in both indicies ?
14:49 Shai : Book the 13500 ce
14:49 Shai : No Jit- nothing thru MP- (14:49) Jitender : Shai..any signs of ST top being made in both indicies ?
14:50 Jitender : tx
14:50 Shai : Am on watch too 🙂
14:50 Jitender : 🙂
14:50 Shai : 13350 – (14:49) Shai : Book the 13500 ce
14:50 Sanjiv : +1
14:50 Uttam : BNF reds being forced out – (14:30) Uttam : @Uma BNF game changer was the 14:00 bar which showed red COT broke below VWAP but did not give a follow through(14:30) Uttam : those reds being made to get out looks like in BNF
14:55 Shai : enter 13350 ce again sl of 69
14:57 Rajiv Ohri : Shai 13410 coming?
14:59 Shai : stay open abv 13390
14:59 Shai : sl will be 13372
14:59 Shai : but abv 13390 only
14:59 Shai : K wala train came 10 mins late today
15:00 Ankush Jain : aaj kal raaste blocked hain na
15:00 Rajiv Ohri : 🙂
15:00 Shai : 🙂
15:01 Shai : 13350 ce tgt is 106- (14:55) Shai : enter 13350 ce again sl of 69
15:03 Vidhyasagar Lingesan : BNF and NF are at war?
15:03 Shai : BNF upper L obj wa sdone
15:03 Shai : NF the one to watch
15:04 Vidhyasagar Lingesan : Thanks
15:04 K2dt : UG nf profile makes a flag
15:09 K2dt : abhi aadha christmas tree lag rha hai :p
15:10 Shai : Book the 13350 ce
15:10 Shai : All out
15:10 K2dt : +1
15:11 K2dt : chief not even once we r ending in middle… watta bull run this has been…daily closing near highs almost everyday _/\_
15:13 Tejaswini : Shai do you sense any weakness in BNF structure?
15:14 Tejaswini : +1 K2. Thats the reason BNF closing near vwap asks questions
15:14 Ankush Jain : 13400 could not be taken out
15:15 Uttam : kal ke liye bhi kuch rehne dete hain 😉
15:15 K2dt : lol UG
15:16 Shai : no- not in today's profile – (15:13) Tejaswini : Shai do you sense any weakness in BNF structure?
15:16 K2dt : T i can say abt nf.. no signs of exhaustion seen
15:16 Tejaswini : ok thanks Shai
15:17 K2dt : even global shakedown not affecting us chief 🙂 the sheer strength
15:17 Ankush Jain : UG aaj nahin bole, 13400 ke darshan karwa do. Issiliye nahin aaya
15:17 Tejaswini : true K2
15:18 K2dt : they will book profits at 15000 nifty looks like :p
15:18 Ankush Jain : nifty se ladna nahin, nifty ke saath chalna hai
15:18 K2dt : sahi bole bhai ..ride it till it lasts
15:19 Uttam : time still there for that 13400 A 🙂
15:19 Uttam : 10 mins and 15 points
15:20 Arjun : zoom screensharing stopped?
15:20 Uttam : BNF wants to shift the dPOC to 30350 looks like
15:22 Uttam : room charts gone?
15:25 Ankush Jain : NF has time to test 13400, but looks like has no inclination
15:25 Ankush Jain : 🙂
15:27 Uttam : 13386 has 4500 contracts on sell side
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Shai : Have a nice evening
15:29 Rajiv Ohri : Thanks
15:32 Shaleen : uttam ji..where do you see 4500 contract on sell side at 13386