Order Flow charts dated 09th November 2020

Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly.

Order Flow is the most transparent way to trade and takes away the guesswork from decision making.

NF

Vol Pic2 Nf 5 Order Flow Charts Dated 09Th November 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 Pic2 Nf 6 Order Flow Charts Dated 09Th November 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

08:47 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/963787437
08:48 Vtrender Live : 5 min NF charts – https://join.me/952-205-681
08:48 Vtrender Live : 5 min bnF charts – https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
08:49 Chandrashekhar : GM all
08:50 K2dt : gm all
08:51 K2dt : nf now in multiples of 000 chief
08:51 K2dt : bnf too
08:51 Arcchit Agarwal : GM All
08:53 Shai : GM all
08:54 Shai : Open higher again today led by the SPX which is now 3510 strongly
08:55 Shai : our open is slated to be above imm supply of 12350 and headed to 12540
08:55 Shai : watch 12350 at open which is expected to be an OAOR
08:56 Shai : Imp change to charts- All orderflow numbers are now expresed as contracts traded for both NF and BNF instead of volume. So what you see are actual contracts now starting with 1 and going up
08:57 Shai : https://vtrender.com/weekly-charts-02nd-to-06th-november-2020-and-market-profile-analysis/
08:59 Uttam : Good Morning All 🙂
08:59 Uttam : cool – (08:56) Shai : Imp change to charts- All orderflow numbers are now expresed as contracts traded for both NF and BNF instead of volume. So what you see are actual contracts now starting with 1 and going up
09:00 Uttam : so even the COT will show the contracts difference and the POC vol also is the number of contracts there?
09:05 Sumeet : Brushing up on 75 times and 25 times tables.
09:06 Rusi : GM all
09:06 Sumeet : Charts look open and spacey and fresh
09:06 K2dt : 75 times will be wee bit tough tho S :))
09:07 K2dt : 1333 will be the key number for us… 1lac cot :))
09:10 Shai : COtr is also contracts
09:10 Chandrashekhar : +1K, any orders above 1000 is what we have to be looking for
09:10 Shai : drive is thriough BNF which is leading this charge
09:10 Ankush Jain : yups
09:10 Ankush Jain : peeche reh gai NF se
09:11 Uttam : but NF is near ATH wheras BNF has a big way to go still for its ATH 😉
09:11 Naren : Gm Shai, All.
09:11 Ankush Jain : almost 5000 points in BNF
09:15 Ankush Jain : prev high in NF was 12419?
09:15 Ankush Jain : in spot 12430
09:18 Ankit : @shai 30 mins goto chart needs a fix
09:20 Shai : done
09:20 Ankit : thanks… no candles though?
09:20 Ankit : obnly showing numbers
09:21 Ankit : *only
09:21 Shai : 12350 supp
09:22 Prashant : are charts wroking fine?
09:22 Prashant : mine keep disappearing.
09:23 Prashant : chat also refreshes
09:23 Shai : 12450 to watch
09:23 Himanshu : ist ok now –
09:23 Himanshu : GM all
09:24 Rajesh G : shai please zoom out the home charts
09:27 Rusi : SHAI we ar not able to see vol/sec
09:28 Shai : voS
09:29 Shai : sppeedo at 140
09:29 Shai : vos is 6 contracts per sec
09:29 Arjun : Volume in Zoom and Webinato are differernt for BNF
09:30 Arjun : Contract makes it very clean . Thx Shai _/\_
09:30 Shai : will check @Arjun. Thanks
09:31 Shai : Intra – Buy NF abv 12455 sl of 12423 tgt 12489/ 12510
09:32 Rusi : this is OTD , am I correct @shai ?
09:33 Ankush Jain : room chrts stuck
09:35 Shai : charts back?
09:35 Uttam : yep
09:35 Shai : looking to buy abv this only- (09:23) Shai : 12450 to watch
09:35 Ankush Jain : yes
09:35 Ankush Jain : 12450 CE at 92 buy?
09:40 Shai : buy is abv 96 in that
09:41 Ankush Jain : ok thanks
09:42 Shai : diwali rally is come early
09:42 Shai : spx also in diwali mode thanks to Biden
09:44 Uttam : 🙂
09:47 Uttam : BNF on for 27560?
09:49 Uttam : 27500ce from 347-375
09:49 Uttam : 2 big 1000 contracts on sell side in BNF
09:51 Arjun : in most of the brokers max number of contracts in one trnasaction is 100. Is this limit changeable ?
09:52 Tejaswini : UG why the positive bias inspiite of big sell orders?
09:53 MJ : 1340 contract (1L rough vol) in NF is the new LLT and 2000 contract (50k vol)
09:53 MJ : in bnf.
09:54 Tejaswini : LLT?
09:54 K2dt : +100 MJ … 1333 is our new guy 🙂
09:54 MJ : Large Lot trader.
09:54 Tejaswini : OK
09:55 MJ : Easy conversion to remember.
09:56 Uttam : booked out the CE because of the sell orders T – (09:52) Tejaswini : UG why the positive bias inspiite of big sell orders?
09:56 Uttam : but bias is up only na?
09:56 Uttam : above previous Value & above VWAP?
09:57 Shai : All this selling is still responsive
09:57 Shai : you cannot and shoudl not buy puts or be bearish till you see IS
09:57 Uttam : +1 profit booking mostly Shai ?
09:58 Viswas : view on tcs?
09:58 Shai : Abv 12450 we consider a more mature bias
09:59 Himanshu : there is bulk order provision in Motilal
09:59 Shai : till then we wait for beter IB’s
10:00 K2dt : so chief oaor for now?
10:00 Shai : yes
10:01 K2dt : tx
10:01 Himanshu : NF took support at VWAP and BNF is jumping – Enthu guy
10:01 Ankush Jain : NF ranged in IBH & vwap
10:05 Shai : same play by algos across the globe guys
10:05 Shai : dollar down
10:05 Shai : equities, currencies, bomds firing
10:05 Shai : It happens once in 12 months
10:06 K2dt : chief looks like asset price inflation is the new regime… higher valuations
10:06 Shai : don’t be naive and buy puts without undertanding trhe global factors
10:07 Shai : I say this cos a lot of newbies are just buying puts and then avergaing the losses and making more losses
10:07 Shai : this is a global risk on trigger led by a global event
10:08 Ankush Jain : Shai does OF has anything which indicates we are overbought/oversold?
10:08 Shai : No
10:08 Shai : that is retail thinking
10:08 Shai : discard it
10:09 Ankush Jain : already
10:09 Shai : 52 week highs are to be bought on good liquidity
10:09 K2dt : +100 chief .. mkts can stay irrational longer than participants can solvent :))
10:09 Ankush Jain : we rae at 52 week highs & all time highs
10:09 Shai : I’ve seen indices jump through ETF buying at all time highs also
10:09 Himanshu : DXY – bounced from 92
10:10 Shai : dxy watch 92- it is not a 5 min or intra play
10:10 Himanshu : Ankush and BNF – for 52 wek has huge room up
10:10 Shai : but will tell us what is coming next
10:10 Himanshu : yes – posted on Random – longer term cycle of DXY
10:11 Himanshu : Wanted your opinion hence, invited chief on random – incase if its making any sense
10:11 Shai : icici, hdfc, kotak in the top 5 of NF today
10:11 Ankush Jain : yes Himanshu, > 15% to go for BNF to be at ATH
10:11 Shai : though infy has the better vols
10:11 Himanshu : PSUBankex has to catch up now
10:12 Himanshu : RBI allowing NBFC as part of lending consortium with Banks is new trigger for liquidity
10:12 Rusi : most candles have negative cot. responsive selling by retailers ?
10:13 K2dt : profit booking Rusi
10:13 Rusi : ok
10:15 Shai : RIL hitting next round of supply at 2080- 2100
10:15 Shai : Abv that shoukld charge more
10:15 Shai : view was 1800 would hold
10:15 Shai : expect 2250 soon
10:15 MJ : +1 chief.
10:17 Jitender : if u guys c march chats..u wud se.. i wud often mention thats we are witnessing history in making 🙂
10:17 Jitender : nf has done 9800 bps rotation in 11 months alone
10:18 Jitender : and brings to the fore the point that nobody knows whats gonna happen next
10:19 Jitender : its yr system and faith in it and most imp disclipline of execution..tats the only key of survival in ID / derv trading
10:22 Shai : +1
10:22 Shai : These index moves would get faster and gaster now
10:23 Shai : hence best to skip all that 12 month view and that 6200 Nifty and 30000 nifty and take it one month at a time
10:24 Jitender : algo’s n ten AI in it…will totally change the mkts in times to come
10:25 Shai : indeed
10:27 Shai : 12410 sl at cmp 12424 tgt 12455
10:33 Uttam : 437 stuck reds in NF
10:36 Uttam : BNF not in sync for now
10:39 Shai : 12439 book- (10:27) Shai : 12410 sl at cmp 12424 tgt 12455
10:39 Shai : RS came
10:40 Shai : Actually is part of that 437 which went upside down
10:40 Uttam : yes Shai
10:40 Uttam : was about to say it 🙂
10:44 Viswas : kotak slide
10:46 Uttam : IS in BNF – (10:36) Uttam : BNF not in sync for now
10:46 Uttam : 0s at 27310
10:46 Uttam : vwap
10:47 Uttam : 1232 red stuck in this bar looks like
10:47 Ankush Jain : in NF also
10:49 Gopi : banks sliding
10:52 Himanshu : Chief – in BNF is it open auction now –
10:56 Uttam : case of impatient traders looks like today
10:56 Vidhyasagar Lingesan : RB followed by IB in NF
10:56 Uttam : most of them wanting to short and getting stuck
10:59 Uttam : ‘p’ being formed for now looks like
10:59 Uttam : typical OAOR
11:02 Uttam : 0s holding in BNF
11:02 Uttam : (10:46) Uttam : 0s at 27310(10:46) Uttam : vwap
11:05 Prashant : I know it is only a matter of time in getting used to it, but total numbers seemed better than no. of contracts
11:11 Ravi : small numbers will be easy to work with as we get used to i think
11:11 Ravi : though yes difficult today
11:12 Milind : Shai is it possible increase font size of BNF values
11:13 Milind : Like Nifty
11:13 Tejaswini : 0’s ke paar BNF @UG
11:15 Shai : better?
11:15 Ankush Jain : 133 is new 10000 in NF
11:15 Shai : Actually contracts and volume is the same thing
11:16 Shai : This can work better as we can see direct the contracts inputted
11:16 MJ : Below 12393 A Lows cometh?
11:16 Ankush Jain : It is matter of time before our brains are trained into
11:16 Shai : 12380/ 12366 doable now in NF
11:16 Ankush Jain : even NSE new site dealing in contracts
11:17 Shai : +1
11:19 Ankush Jain : since that big bar of 1040, NF styaing below vwap
11:21 Viswas : shai sir wht should be sl for 366
11:22 Shai : sl abv vwap for IS trades
11:23 Shai : 2nd IS forming now
11:24 Uttam : NF profil chart not updating Shai?
11:24 Uttam : it needed a jerk 😉
11:24 Uttam : from ‘p’ to bell now
11:26 Manik : from p to bell indicates that from buyers being dominant now its becoming neutral?
11:31 Shai : for now yes
11:31 Tejaswini : All those reds in last half hour below vwap in BNF could e initiative sellers?
11:31 Shai : could not move abv 12450
11:31 Shai : now 12350-66 test tells uys what can come next
11:31 Rajesh G : shai how u derived 450
11:32 Shai : That IS at 12.40 has o’s and major reds
11:32 Shai : Also got stuck buyers abv vwap at 11.10
11:33 Uttam : 12390 needs to be taken out
11:33 Uttam : 472 red was there and now again 179 red
11:33 Shai : Op+ range in 5 min box+ volume projected- (11:31) Rajesh G : shai how u derived 450
11:33 Uttam : BNF got a big 2k red stuck
11:34 Shai : As I mention always – Volume precedes price
11:34 Shai : Price can do nothing by itself
11:34 Uttam : this vol/sec addition in room is nice Shai
11:34 Uttam : what can we take as better than average for both NF & BNF?
11:35 Shai : dpoc down in BNF
11:35 Uttam : thanks to those 1k & 2k stuck reds Shai
11:36 Shai : 7 mins to do 12380 sl moves to 12410
11:37 Shai : done- in timer
11:37 Himanshu : Chief – do you keep Hunter to bang ?
11:37 Uttam : 109-114 in 12400pe
11:37 Himanshu : So in – time
11:37 Uttam : 10 secs trade
11:38 Tejaswini : Now thats a lot of volumes in A selling tail of BNF
11:38 Himanshu : This was Chabook trade
11:38 Shai : 12403 TSL- (11:16) Shai : 12380/ 12366 doable now in NF
11:38 Shai : Ther difference is when you go and buy puts on IS
11:39 Jitender : +1
11:39 Tejpreet : +100
11:39 Shai : (09:57) Shai : All this selling is still responsive(09:57) Shai : you cannot and shoudl not buy puts or be bearish till you see IS
11:39 Uttam : +100 Shai
11:39 Shai : Takes the pain out
11:50 Shai : shorts out on that IB
11:58 Devkant : Shai profile charts are stuck
11:58 Devkant : NF
11:59 Shai : Thanks
11:59 Shai : Market also getting stuck here
11:59 Shai : vwap / dpoc beginning to align
11:59 Devkant : 🙂
11:59 Shai : we are headed for a normal day
12:05 Uttam : rejection at vwap can give new lows for the day?
12:05 Uttam : NF has similar lows too due for a repair
12:26 Uttam : reds in BNF
12:26 Devkant : Shai last friday you stated that markets are illiquid, due to lesser no. of sellers. Is it fair to assume that today also it’s illiquid?
12:26 Uttam : 418 green got stuck at vwap
12:27 KK : when we say, 418, is it 41K ?
12:27 Uttam : Shai : Imp change to charts- All orderflow numbers are now expresed as contracts traded for both NF and BNF instead of volume. So what you see are actual contracts now starting with 1 and going up
12:27 Uttam : so 418 = 10450
12:28 Aditya09 : y did we remove volume per minute and sec
12:29 Shai : so far looks good today- (12:26) Devkant : Shai last friday you stated that markets are illiquid, due to lesser no. of sellers. Is it fair to assume that today also it’s illiquid?
12:29 Shai : but friday was way off
12:29 Uttam : we have VoC as a ticker na A? – (12:28) Aditya09 : y did we remove volume per minute and sec
12:29 Uttam : VoS*
12:30 Devkant : +1 Shai
12:31 Uttam : new lows coming?
12:31 Uttam : 3-1-3 profile in BNF
12:31 Uttam : and as repair of those lows in NF would be nice but looks like it has other plans
12:33 Devkant : it’s bouncing from 12380
12:38 Uttam : charts gone?
12:42 Shai : can jump to 12435
12:52 Ankush Jain : 1st lockdown everything was going down. 2nd lockdown everything is going up
12:53 Devkant : NF PROFILE CHARTS STUCK
13:00 Viswas : india vix spiked, any impact here?
13:02 Shai : stopped at 422 , – (12:42) Shai : can jump to 12435
13:02 Shai : back in balance
13:02 Shai : no trades here
13:02 Uttam : that 326 hoisted green flag at top
13:04 KK : 736 red below vwap
13:04 KK : in bnf
13:04 Uttam : 800 green got out looks likr
13:05 Uttam : it has been a case of stuck players so far
13:05 Himanshu : The biggest business done today is trapping both side
13:05 Viswas : only locals playing UG? i mean no big players right
13:06 Himanshu : NF volumes says – OF active
13:06 Himanshu : cause volume was good in till D
13:06 Viswas : noted H
13:07 Himanshu : today BNF has crazy volume
13:08 Tejaswini : There was one more 800 on top UG
13:08 Uttam : yes 792 at top & 800 below it
13:09 Tejaswini : yup
13:09 Himanshu : BNF has more room left for ATH while NF – has crossed so – BNF Volume shall be watched I guess
13:19 Uttam : room charts blank?
13:21 Himanshu : OAOR is when retailers go to nap – catch them .
13:27 Vidhyasagar Lingesan : yes U.. chart area blank
13:28 Uttam : BNF getting ready?
13:30 Rajesh G : room charts
13:30 Uttam : webinato seems to be in hangover
13:31 Uttam : charts back
13:31 Shai : COT is changed again
13:31 Shai : good for 12450
13:32 Uttam : BNF got 1k green at top
13:33 MJ : 5 IB 4 IS on a gap up day.
13:35 Milind : 27500 CE writer avg price of 303, looks in trouble
13:37 Uttam : 27500ce from 312-329
13:38 Uttam : can do 350+ but booked out for now
13:39 Himanshu : Milinnd I guess 27500 Straddle writeres are in profit of 300 Rs
13:44 Shai : Buy NF avc 12435 sl of 12414 tgt 12465
13:44 Shai : Abv*
13:50 Milind : Yes Himanshu around 250 rs from closing of 6th
13:54 Rajesh G : test
13:56 Shai : pace is evry slow
13:56 Shai : 2 contracts per sec
13:57 Himanshu : so we can reach there by tom 11ish
13:57 Viswas : global siliding bit
14:00 Himanshu : Chief also – now its on contract base numbers so visually will feel even slower
14:01 Shai : hmm
14:01 Shai : Aome big guys at the highs in BNF
14:02 Shai : they are buying for a move highe rin BNF
14:04 Tejaswini : +1. Another one now
14:04 Shai : Theri sl is 27230
14:04 Rajiv Ohri : longs in NF in?
14:05 Shai : 27490 tgt 1 for them
14:05 Shai : NF in
14:07 Himanshu : room chart stuck ?
14:07 Tejaswini : @Shai how did u deduce there targets and stoploss?
14:08 Tejaswini : *their
14:08 Shai : Volumr and COT
14:10 Shai : needs a quick nmove abv 12445
14:10 Shai : 12429 trailing for longs
14:13 Tejaswini : Dollar is rallying since europe open
14:14 Rajesh G : k begins
14:15 Shai : hold at 12417 SL
14:15 Shai : that 704 guys spoiled it
14:16 Shai : 12465 still doable COt is good
14:17 Shai : 12417 sl
14:22 Shai : 12446 book out longs
14:29 Ankush Jain : Its lonely at the top, they say
14:29 MJ : bnf dhi pahije?
14:29 Shai : BNF some more buyers
14:29 Ankush Jain : NF beahaving very quietly
14:29 Uttam : 27560 coming?
14:29 Shai : RIL,abv 2100 will take over the pulling
14:29 Shai : till then the BNF
14:33 Shai : BNF big boys booking
14:33 Shai : (14:05) Shai : 27490 tgt 1 for them
14:33 Shai : close
14:36 Tejaswini : Brilliant Shai
14:36 Tejaswini : Absolutely amazing
14:38 Tejaswini : @Shai what timeframe are these players. Do they have any intention to hold overnight or they out?
14:38 Shai : _/\_
14:38 Shai : BNF is mostly intra
14:38 Uttam : 27500ce from 345-357
14:38 Tejaswini : Thanks
14:38 Uttam : (14:29) Uttam : 27560 coming?
14:38 Uttam : je baat
14:39 Uttam : 27540 so far
14:39 Shai : +1
14:40 Uttam : boom boom
14:40 Uttam : 27560 done
14:41 Shai : All that blue is booking in 1 go
14:41 Uttam : yes -1903 COT in BNF
14:42 Uttam : -2300k in NF COT
14:45 Devkant : Uttam BNF going for 0’s @ 27400?
14:48 Uttam : 26460 ref on downside
14:48 Uttam : else can play the 45 degree
14:48 Uttam : 27460*
14:49 Shai : 12400 ce last trade sl of 105 tgt 126/ 132
14:53 Jitender : 2mrw is bihar election results day
14:55 Shai : +1
14:55 Shai : vix spike mid day was weird today
14:56 Jitender : yup…big tick
14:56 Ankush Jain : it spiked back after few minutes
14:56 Amit Jain : yes and drooped in 30 min
14:56 Ankush Jain : made a inverted U
14:59 Uttam : spike coming?
15:01 Shai : exit- (14:49) Shai : 12400 ce last trade sl of 105 tgt 126/ 132
15:02 Uttam : such a nice bell in NF
15:03 Uttam : inspite of the poor lows
15:07 Tejaswini : how spx trades today will be important. could sell on news kind of situation happen there?
15:08 Ankush Jain : NF bell has a pressed belly UG
15:10 Shai : stays in the 12350- 12540 range
15:10 Shai : (08:55) Shai : our open is slated to be above imm supply of 12350 and headed to 12540
15:11 Uttam : spor making new highs into the close
15:11 Shai : good OF at the lows again
15:11 Shai : should continue as dip buy mode
15:13 Uttam : mini spike hi sahi 😉 – (14:59) Uttam : spike coming?
15:14 K2dt : +100 UG..last trade dedicated to u 🙂
15:15 Uttam : lol 🙂 _/\_
15:16 Uttam : this held in BNF though it made a low of 27454 – (14:48) Uttam : 26460 ref on downside
15:17 MJ : Bossman swing wise pushing above 26820 to 27100? SL wise?
15:18 Uttam : so Spot closing at ATH in Nifty 🙂
15:19 Uttam : poor lows ke saath poor highs free in NF 😉
15:20 Ankush Jain : Today’s profile orphaned in NF
15:20 Ankush Jain : aaju baaju koi nahin
15:21 Milind : 12400 CE 110 to 124
15:21 Uttam : congo M
15:22 Uttam : 12538 at open tom in NF?
15:22 Uttam : close around highs yet again in both
15:23 Anuj null : carry calls ?
15:23 Uttam : I am not carrying anything
15:24 Uttam : overnight a risk
15:24 Uttam : BNF also new highs
15:24 MJ : We had A singles till 12366 on 20th Jan 2020.
15:24 MJ : https://mplite.vtrender.com/?symbol=NIFTY&tf=daily&tpo=3&ll=12200&ul=12400&sp=1&startDate=&endDate=&nDays=8&idstr=&dstr=_8&rst=0&iam=
15:25 Uttam : 12385 was a FA in Nifty which got negated
15:25 Uttam : 12384 was also the 1 atr objective of weekly FA of 12025
15:26 Uttam : and we are closing comfortably above it
15:27 Uttam : BNF shorts getting out
15:27 Uttam : big greens
15:27 Shai : yes big buyiing from vwap of BNF today- (15:17) MJ : Bossman swing wise pushing above 26820 to 27100? SL wise?
15:27 Uttam : Spot leaving a NeuX in Nifty
15:28 Uttam : NS coming with a PC?
15:28 MJ : Thanks bossman!
15:28 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : tc all
15:29 Shai : have a nice evening