Order Flow charts dated 08th January 2021

Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded at.

An Order Flow trader can actually see exactly what is happening in the market as it happens. Once you are able to understand what is happening in the present, you are able to make far better decisions about what might happen in the future. Order Flow provides traders with vision into market activity.

NF

Vol Pic2 Nf 5 Order Flow Charts Dated 08Th January 2021 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 6 Order Flow Charts Dated 08Th January 2021 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

08:42 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/424203517
08:42 Chandrashekhar : GM all
08:43 Vtrender Live : 5 min additional NF charts – https://join.me/243-518-641
08:44 Vtrender Live : 5 min BNF charts additional- https://zoom.us/j/8647754956?pwd=RjFYSXJFcDNwdm1OZ29FVERzdEVOZz09
09:00 Uttam : Good Morning All 🙂
09:01 Uttam : https://vtrender.com/market-profile-analysis-dated-07th-january-2021/
09:02 Raveendra : gm all
09:03 Kailash : GM All
09:04 Rusi : Gm all
09:07 Shai : GM all
09:07 Ankush Jain : good morning all
09:07 Shai : 14260 again our ref line for the open
09:07 Shai : 14320/ 14350 is doable by close if we sustain abv it
09:07 Shai : 14170 will be strong supp for day
09:08 Shai : BNF ref line again at 32230
09:08 Shai : look for 32430 is tat is crossed
09:08 Shai : supp stromg at 32030 same as yesterday\
09:12 Sumit : Gm all
09:13 Surya : GM all
09:16 Abhishek : rejection from save level. Yesterday’s A single
09:16 Amit : not a rejection yet …may clear
09:17 Amit : let AB complete
09:17 Chandrashekhar : 1510 reds @14255 …..for NF
09:19 Chandrashekhar : 1210 it is sorry..
09:21 Ankush Jain : 14200 ce/pe @ 226
09:23 Amit : no excess at A print….two IBs in place……so 14310 possible?
09:26 Shai : Buy 14300 ce at 79-80 sl of 70 tgt 91/ 109
09:27 Amit : done
09:28 Shai : should look at 14290 . we review there if strength it has for 14323
09:29 KK : bnf NF in opposite polarity ?
09:29 Tejaswini : OAOR in NF; ORR in BNF?
09:31 Chandrashekhar : OAIR in nF right?
09:31 Chandrashekhar : still within previous range
09:32 Himanshu : GM all
09:34 Subhadeep : Charts not updating?
09:34 Chandrashekhar : momentu is slow..charts fine here
09:35 Shai : charts fine
09:35 Subhadeep : Ok
09:35 Himanshu : yes
09:35 Himanshu : charts fine
09:35 Ankush Jain : yes
09:35 Himanshu : vol low – small movement
09:36 Uttam : BN Spot 32298 OH today 🙂 keeping its date with 11/01 looks lik
09:37 Amit : 93 vwap 102 poc 109 open A period exccess top T-1, 14300 CE tgt – shai?
09:38 Chandrashekhar : based on Shai’s call, did refer to MP charts from yesterday’s webinar…they align
09:38 Amit : since yesterday vawap at 66 why SL at 70? shai
09:42 Chandrashekhar : theres a 3 day comp poc @ 70 for dates 1, 4,5
09:42 Shai : yes that is a good sl but bresakout trade working with smallest possible sl
09:42 Chandrashekhar : in that ce…am i right sai?
09:43 Ankush Jain : red band & IS. Ce trade still on?
09:44 Amit : hitting vwap nf…..rejection or acceptance next 5m to show?
09:45 Shai : Make an exit in the CE at 78.5 cmp. We will buy it later
09:45 Shai : lost the momentum of the open
09:45 Chandrashekhar : Shai below 250…we enter previous value…80% possible
09:45 Chandrashekhar : well balanced profile here
09:46 Prashant : Shail, one question. Given that first 5/10 mins have ig volumes, does the vwap matter for say first 30 minutes or so, or should one wait?
09:46 Prashant : *huge volumes
09:46 Shai : vwap comes in play mostly after A period unless A has abv avg vols
09:47 Prashant : Thanks
09:47 Ankush Jain : A vols are below average today
09:47 Ankush Jain : Shai this IS bar not good to short as it has POC at bottom?
09:49 Shai : 14230- 14290 range – NF gone flat
09:57 Uttam : that 741 green ib BNF at 32170 could mean business ‘
09:58 Chandrashekhar : +1, near YPoc it is
09:58 Uttam : needs some more support at vwap here
09:59 Chandrashekhar : Uttam 35 point IB so far in NF…whats the plan?
10:00 Ankush Jain : more chances of RE with that small IB
10:01 Ankush Jain : usual OAOR with gap up playing
10:01 Surya : RE means ?? full form please
10:02 Harish : 248 to 228 now
10:02 Ankush Jain : Range Extension Surya
10:03 Surya : Thanks Ankush 🙂
10:03 Uttam : A period singles as of now below PDL though IB still being formed – (10:02) Harish : 248 to 228 now
10:06 Amit : pdh or vah? that us uttam
10:09 Uttam : we have a drive down from yVAH in that straddle
10:09 Uttam : BNF seemed like an ORR down but poor vols so no aggressive sellers
10:09 Uttam : just absence of fresh demand
10:09 Uttam : yPOC got buyers in it
10:10 Uttam : BNF has had a trending week so far so good chance of closing at highs
10:10 Uttam : 32230 immd ref as Shai gave in the morning
10:10 Uttam : some greens here would help
10:10 Uttam : NF ready to move higher
10:11 Uttam : C side?
10:11 Chandrashekhar : 1871 reds with 0’s above
10:11 Chandrashekhar : NF
10:11 Uttam : lot of time left for the bar
10:11 Sumeet : whoaa
10:12 Ankush Jain : these 1871 reds above day high? SLOS?
10:12 Uttam : 0s below it so could be a mix of orders
10:12 Tejaswini : BNF getting greens above vwap
10:12 Uttam : BNF also 0s at 32230
10:12 Uttam : lets go boom boom
10:13 Chandrashekhar : Uttam reason you are biased long despite of these reds?
10:13 Chandrashekhar : just asking…i get confused at time during these situations
10:13 Aditya : Talk abut timing..! Uttam : 32230 immd ref as Shai gave in the morning
10:13 Ankush Jain : C making a move
10:14 Uttam : (10:10) Uttam : NF ready to move higher(10:11) Uttam : C side?
10:14 Amit : ibs man oAoR holding…….. unless C side dhoka
10:15 Uttam : (09:57) Uttam : that 741 green ib BNF at 32170 could mean business ‘
10:15 Surya : BNF Trying to reach days high
10:16 Tejaswini : @Shai NF looking good for 14320?
10:18 Amit : exactness of 14283n level propelled the break up….move is tiring .?
10:20 Uttam : RS in NF at 14290
10:21 Uttam : but 0s at 14280 below too
10:21 Uttam : lets see which side gives
10:22 Uttam : BNF looks on for 32580 today
10:22 Shai : Buy 14300 ce at 92 sl of 74 tgt 111
10:22 Sumeet : and another !
10:22 Uttam : (10:12) Uttam : lets go boom boom
10:24 Shai : 14323 doablke hence the CE
10:25 Shai : wht we going long in C? anyone?
10:26 Sumeet : volumes
10:26 Uttam : increase in vols
10:26 Uttam : staying above IBH
10:26 MJ : volex.
10:26 MJ : Hello chiefman! happy new year 🙂
10:26 Shai : +1
10:26 Uttam : plus above previous Value
10:26 Uttam : (10:10) Uttam : NF ready to move higher
10:26 Uttam : context is important
10:26 Shai : Notice the vole xpansion abv 2000 contracts
10:27 Anand : Do we trail the 14200 CE PE to SL of 255 ?
10:28 Uttam : yu need to get out of the CE short Anand
10:28 Uttam : A period singles has been negated
10:28 Anand : ok
10:29 Uttam : short straddle is for a balance so if we start making a move get out of that leg or could have added 14300ce long
10:29 Anand : ok
10:29 Anand : TY
10:29 Uttam : 238 was the ref in that short straddle – IB selling tail
10:30 Uttam : https://mplite.vtrender.com/?symbol=O_NIFTY14200PE20210114_NIFTY14200CE20210114&tf=daily&tpo=2&isComposite=0&ivp=0&sp=1&startDate=&endDate=&nDays=8
10:30 Shai : reduce half at 103- (10:22) Shai : Buy 14300 ce at 92 sl of 74 tgt 111
10:30 Sumeet : 1.5 IB done
10:30 Tejaswini : BNF stalling
10:30 Shai : sl at 89 on rest
10:30 Uttam : BNF has not yet started moving itself T 🙂
10:30 Uttam : needs to get above 32300
10:34 Tejaswini : Thanks UG
10:35 Uttam : 2 IB in C period ;-p – (09:59) Chandrashekhar : Uttam 35 point IB so far in NF…whats the plan?
10:36 Shai : book full- (10:22) Shai : Buy 14300 ce at 92 sl of 74 tgt 111
10:36 Shai : 110.95 is the highs
10:37 Uttam : +100
10:37 Amit Jain : +1
10:37 Tejaswini : +1
10:37 Ankush Jain : again put premiums not dropping
10:37 Shai : done (10:24) Shai : 14323 doable hence the CE
10:38 Chandrashekhar : +1 Shai
10:38 Ankush Jain : +1
10:38 Chandrashekhar : This time C gave a different Dhoka
10:38 Tejaswini : Combo looks like its going to test yesterdays A singles
10:39 Sumeet : Fry day started frying early
10:39 Viswas : 14250pe not drop 3rs , where future move 25pt
10:39 K2dt : done for the day
10:39 K2dt : tx chief
10:40 Uttam : what will NF do when BNF starts to move?
10:40 K2dt : blast
10:42 Tejaswini : BNF ready? 556 greens at your ref UG
10:42 MJ : UG: bnf ath 3277x something right?
10:43 K2dt : 3266
10:43 Uttam : 2 IB was at 14332 & NF high so far 14329 – (10:35) Uttam : 2 IB in C period ;-p – (09:59) Chandrashekhar : Uttam 35 point IB so far in NF…whats the plan?
10:43 K2dt : i think
10:43 Uttam : 32613 is spot ATH in BN
10:43 Uttam : 30th dec
10:43 Uttam : 2019
10:44 MJ : Thanks UG.
10:44 Uttam : was a FA also
10:44 K2dt : impeccable records maintining u do UG _/\_
10:44 Tejaswini : +1
10:44 MJ : Goel saab /\
10:44 MJ : C last 5 mins making highs of the day. bands gone too.
10:44 MJ : hmm.
10:45 Shai : If you are in the positiinal 14200 ce pe for 5 days of hold with sl of 320, it wonlt cross 320 today
10:45 Shai : if holding only for today exp low was 210 and trde is still at cost ad you can exit
10:45 Shai : we need to roll up strike only when 14350 is crossed
10:46 Ankush Jain : +1
10:46 K2dt : yes MJ.. was waiting for a D side HH but C gave new highs
10:46 Shai : but don;t sit and wait on the trade- the market gave you opp to go long twice today
10:46 Shai : you should capitaise intra day
10:46 Uttam : exactly
10:48 Shai : The market ios establishing abv 142509n F today on new volume
10:48 Shai : if we close abv 14325 F then auction swings up to 14556 this series with sl below FA point of 14080
10:49 Uttam : 14413 is the 2atr from that FA by the way
10:49 Chandrashekhar : Uttam_/\_
10:50 Chandrashekhar : please take a detailed webinar on FA once…
10:50 K2dt : also on dpoc please chief
10:53 Surya : +1
11:07 Viswas : hdfc moving fast 1% down then up now again down
11:09 K2dt : nf ghar vapsi to ibh/vwap?
11:15 Rajan Modi : BNF staying below 32230
11:16 Surya : yeah close to yesterday’s poc
11:17 Shai : BNF on back seat as IT pack leadinbg the move
11:17 Shai : infy and tcs have the vols today
11:17 Surya : ic
11:17 Ankush Jain : tcs results today
11:19 Shai : ok
11:19 KK : what time is TCS results , post market ?
11:19 Shai : then BNF will chill for 2 days 🙂
11:19 Uttam : BNF has a date on 11th to keep Shai 😉
11:19 Uttam : new ATH
11:19 MJ : 🙂
11:19 Shai : 14286 now supp for day though 14260 is better
11:20 Shai : can buy 14300 ce abv 111 or on next green band
11:20 Shai : In NF I willl now wait for 14230 to cross or buy on a dip
11:20 Shai : 14330**
11:21 Sanjiv : Shai, what’s the objective for this BO? thx
11:21 Uttam : (10:48) Shai : The market ios establishing abv 142509n F today on new volume(10:48) Shai : if we close abv 14325 F then auction swings up to 14556 this series with sl below FA point of 14080
11:21 Shai : 14556
11:22 Sanjiv : +1
11:22 Uttam : BNF has A period singles on both ends
11:23 Uttam : cam we get a DD today?
11:23 Uttam : nice balance so far
11:23 Tejaswini : Shai would you have a look at TCS profile once?
11:28 Uttam : BNF getting ready?
11:29 Shai : discuss here- (11:23) Tejaswini : Shai would you have a look at TCS profile once?
11:29 Shai : will provide my inputs
11:30 Shai : Just to answer a query I received about the 14260 level, we stalled over there for three days & the market went to the FA point from there. There were two important factors in play 1) being the destination objective initial 2nd being the FA . The FA option was telling us that the sellers were not dominant at that level. IN such cases utilise a sell below level and allow the market to show its hand at that level. For us That FA was not taken out and sell below was not activated.
11:31 Shai : Always better to make sure you have a sell below level after the market does the early work
11:33 Uttam : chal dhanno – (11:28) Uttam : BNF getting ready?
11:33 Sanjiv : thanks Shai
11:34 Rajiv Ohri : BNF going for highs?
11:35 Uttam : 32300 needs to be taken out
11:35 Uttam : last time got a stuck green there
11:36 Surya : yeah BNF has to go beyond C
11:43 Uttam : F period has someting in store?
11:54 Uttam : NF completes 2 IB
11:54 Uttam : 14333
12:05 Rajan Modi : that 741green guy from 32170 in BNF
12:11 Sanjiv : time for vwap?
12:15 Uttam : G period is here
12:22 Shai : 14300 ce take a 50% position at 109 sl of 95 tgt 124/ 139
12:23 Shai : extension handle of the day holding- (11:19) Shai : 14286 now supp for day though 14260 is better
12:28 Uttam : BNF needs to join the party
12:33 MJ : Pes haven’t made lower low since C period
12:33 MJ : nf
12:34 Uttam : they have
12:34 MJ : 14200
12:34 MJ : pe
12:34 Uttam : 11:55 PE made new low in 14300
12:34 Viswas : low vol. after c
12:35 MJ : Not shredding how they should my observation @ug.
12:35 MJ : We need you to fire up the BNF 🙂
12:35 Tejaswini : TCS wants to make a new high
12:37 Sanjib : TCS 3100 CE has huge OI. Would be interesting to watch on Monday
12:38 Sanjib : PCR is only 0.13, very bearish
12:38 Tejaswini : Yeah Sanjib. Rode it from 85-94
12:38 Sanjib : +1 Tejaswini
12:39 Tejaswini : BNF joining would be great. Sone pe suhaaga
12:40 Arjun : is it a trandy day in NIF ?
12:40 Arjun : trend*
12:41 Uttam : for now a DD – we made the IB then ext handle in C and a balance
12:41 Uttam : another ext handle here could take us to 14375
12:42 Uttam : and we can form a Triple Distribution Trend Day 🙂
12:43 Arjun : +1 Uttam _/\_
12:44 Uttam : BNF looks like waking up
12:44 Uttam : some greens in it
12:45 Uttam : 14300pe makes new lows
12:45 Uttam : 111.5
12:45 Uttam : thogh the CE not making new highs
12:47 Ankush Jain : kabhi ce kabhi pe
12:47 Ankush Jain : In mornings, ce made new highs & puts did not drop
12:47 Ankush Jain : Now payback
12:53 K2dt : like that movie A, kabhi haan kabhi na 🙂
12:54 Tejaswini : 700 greens stuck in BNF? IS at vwap
12:55 Rajesh G : shai NF DPOC shifted
12:55 Rajesh G : 14322
12:56 Tejaswini : This DPOC shift can give vwap?
12:56 Uttam : NF has VWAP & IBH aligning
12:57 Uttam : would be imp ref for rest of day
12:57 Uttam : ext handle also right there at 14290
13:06 Shai : 14300 ce trrail longs at 102 now
13:07 Shai : still loooking for a clean move abv111 where we exited in the morning
13:07 Shai : may dip to 90 is that goes
13:08 Shai : half a feeling that OTF may not come back
13:08 Shai : but then it is a fryday and you can never be so sure
13:08 Ankush Jain : Friday is Fryday
13:09 Ankush Jain : wednesday is new Fryday
13:09 Ankush Jain : Expiry also a fryday
13:09 Himanshu : wed is expiry day actually
13:09 Ankush Jain : baaki kya bacha 🙂
13:09 Ankush Jain : Tuesday evenings option premiums are jacked up
13:10 Ankush Jain : & they say Monday follows Friday
13:10 Ankush Jain : Ho gya sab trading days ka
13:10 Ankush Jain : 🙂
13:10 K2dt : lol
13:10 Shai : well I was telling some guys last week about how fortunate the current bunch of new traders are to trade this volatility
13:10 Shai : when I starte doff we used to wait all day and get 35 points of NF moves 🙂
13:11 Ankush Jain : 🙂
13:11 Shai : And lot size was 50
13:11 Augustin : 🙂
13:11 Shai : 35 in a day
13:11 Uttam : 🙂
13:11 Ankush Jain : zzzz
13:11 Shai : 70 wa slike a trend day
13:11 Uttam : now our IB range is more than that in NF
13:11 Ankush Jain : 70 we have in 5 minutes now
13:11 K2dt : chief 0.2% is now 30 points as 14000
13:11 Shai : 300 points max ina series
13:11 Shai : we get that a normal week now
13:12 Uttam : yep
13:12 K2dt : 35 must be like 0.7-0.8% when u started :))
13:12 MJ : This was 2009?
13:12 Ankush Jain : writers must be winners then?
13:12 Shai : oh yes – the writer was a God
13:12 Uttam : lol
13:12 Shai : thou cannot touch what I do 🙂
13:12 Ankush Jain : now writers are murdered
13:12 K2dt : haha then god had to come to earth :p
13:13 Ankush Jain : The murder of erstwhile God
13:13 K2dt : agreed A
13:13 Ankush Jain : nice thriller for Scam 1992 follow up
13:13 Ankush Jain : 🙂
13:18 Tejaswini : that 14300 ce back at 11
13:18 Tejaswini : *111
13:18 Tejaswini : Nice Ib at vwap for BNF
13:19 Tejaswini : long from here?
13:21 Tejaswini : @Shai we wait for a clean break? for NF?
13:28 K2dt : need good vols T..
13:29 Shai : P sahped SC profile
13:30 Shai : diff to get a break but stay watchful
13:31 Siddhesh : Shia : P shaped short covering profile right ?
13:31 Siddhesh : Shai*
13:32 Shai : That’s right
13:34 Tejaswini : 1200 reds in BNF
13:35 Himanshu : Seems old business
13:35 Tejaswini : A singles test com ing?
13:35 Siddhesh : Shai: this means old sellers who shorted they are covering and not new buyersi in business ?
13:36 Himanshu : This 1200 could be SLs of longs at VAL – filter
13:37 Shai : peopl were watching that arange at 14260 so that quick covering is not a surprise- (13:35) Siddhesh : Shai: this means old sellers who shorted they are covering and not new buyersi in business ?
13:37 Shai : As a rule when the market moves quickly like waht we saw in C, 90% of the time it is old business
13:37 Shai : short covering or long liquidation
13:40 Shai : cover 14300 ce longs
13:43 Ankush Jain : Shai in joinme we have 2 horizontal lwhite lines.?
13:44 Shai : move aborted lower
13:44 Shai : rising for 14340
13:44 Shai : sl of 14310
13:44 Shai : oen id dpoc- (13:43) Ankush Jain: Shai in joinme we have 2 horizontal lwhite lines.?
13:45 Favas : dpoc 32095
13:45 Favas : done?
13:45 Ankush Jain : the houlry range line turned solid for a while. Now again dashed
13:45 Ankush Jain : 1/2 hourly rather
13:46 Prashant : ril not looking good
13:46 Ankush Jain : it has been for so many weeks now
13:48 KK : PEs falling
13:52 Ankush Jain : after initial move it is a coil in NF
13:53 KK : tech on the move
13:58 Ankush Jain : in Mplite chart, delta not getting updated today
13:58 Rajiv Ohri : 250 c0ming in BNF
13:59 KK : NF 14316 to 14334 done
14:01 Uttam : to the last tick of this high you got KK 🙂 wonderful
14:02 Uttam : why did you leave that 0.9 point also 🙂
14:02 KK : went twice there..
14:02 Rajan Modi : i got out at 14335 _/\_
14:02 KK : was waiting for 339, but thought of exiting at 334, after seeing that 171 green..
14:02 Rajan Modi : last lot 😉
14:04 Uttam : KK booking caused this top
14:05 KK : Shai had called it..14340..he missed by 0.1..:) +1
14:05 Uttam : that can still come
14:07 KK : Dax moving
14:13 Tejaswini : call prem dropping though
14:14 Milind : Dollar Index above 90
14:15 Uttam : ext handle test coming in NF?
14:16 Sanjib : that 14200 straddle is now 241
14:17 Tejaswini : test done?
14:22 Tejaswini : BNF back to vwap?
14:23 Tejaswini : lets get that 14340 too
14:23 Uttam : K period here
14:27 Ankush Jain : 8 jan 2008 markets at all time high and next day boom crash 8 jan 2021 markets all time hig