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
09:14 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/192616349
11:15 Shai : (11:15) Shai : Intra – Buy 12000 pe at 64 sl ogf 57 tgt 78/95.
11:52 Shai : (11:52) Shai : 12000 pe stopped. Make exits for now
13:17 Shai : (13:17) Shai : Intra – Buy 12000 pe again 60- 61 sl of 47 tgt 78/ 91.
13:52 Shai : (13:52) Shai : Move SL to 58 just below cost- (13:17) Shai : Intra – Buy 12000 pe again 60- 61 sl of 47 tgt 78/ 91.
14:10 Shai : (14:10) Shai : Intra – Sell NF 12015 sl of 12039 tgt 11980
14:16 Shai : (14:16) Shai : NF 11998 . Book half here
09:03 Chandrashekhar : GM all
09:04 Shelendra Agrawal : GM
09:09 Sumeet : good morning all
09:10 Rajan : Good morning all
09:11 Ketan : good morn Room !
09:12 Leela : good morning
09:14 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/192616349
09:16 Uttam : Good Morning All 🙂
09:16 Vishnu : gm all
09:16 Shai : Gm all
09:18 Vishnu : any ref point shai in down ared
09:18 Vishnu : area
09:19 Shai : 12030 ref level below FA lows
09:19 Tejpreet : GM All.
09:21 Uttam : both moving away from Friday’s balance
09:22 Uttam : 75k green in NF
09:22 Uttam : at 12040
09:23 Uttam : 12075 & 31120 ref in both for now
09:28 Sachin : that would be an initiative buyer UG?
09:28 Uttam : BNF on for 30956 & 30851 looks like of those 0s of lows taken out
09:30 KK : 13 K in BNF , Rb ?
09:30 Tejpreet : Looks like exit polls impact.
09:30 Vishnu : shai very less volume
09:30 Uttam : let the bar get over KK
09:36 Uttam : BNF booming?
09:36 Uttam : with no vols?
09:36 Chandrashekhar : was that 75K buy @ 12042 in last 3 candle?
09:37 KK : BNF 31200 151 to 175 , done, now wait for Shai’s call
09:37 Uttam : congo KK
09:37 Uttam : yes Chandra
09:38 Chandrashekhar : Thanks Uttam
09:39 KK : hi, Shai, 12028 will hold for 12075 ?
09:39 Uttam : Extension handle of 12028 in NF almost getting tagged
09:40 Uttam : to the dot 🙂 – (09:19) Shai : 12030 ref level below FA lows
09:47 Uttam : (09:36) Uttam : BNF booming?(09:36) Uttam : with no vols?
09:48 Uttam : 0s at 12035 in NF & at 1098 in BNF
09:48 Uttam : 31098*
09:49 Chandrashekhar : hypo B done in NF
09:49 Ankit : +1 uttam for the hypo
09:49 Uttam : _/\_
09:49 Chandrashekhar : 11990 coming Uttam?
09:50 Uttam : needs to stay below 12028 Chandra
09:51 Chandrashekhar : +1
09:52 KK : BNF ready for the FA visit ?
09:53 Uttam : 0s at lows in BNF for now in this bar but lets see how this closes
09:53 Uttam : 15k green at 31044
09:59 Boppanna : Uttam BNF low vols making in jumpy with 0’s all over?
10:01 Chandrashekhar : 48 K red in NF
10:01 Chandrashekhar : 12011
10:02 Uttam : yes Bops but looking weak BNF
10:02 Vishnu : 12086 fa tgt ug that revisit tgt
10:03 Boppanna : hmm 31050 was a pending Friday’s check now deciding there
10:04 Uttam : 31111 was an FA on Friday so staying below that BNF remains weak
10:04 Boppanna : +1 Uttam
10:05 Uttam : 0s at 31098 and vwap also there so lets see what OF shows if & when we get there
10:07 Uttam : 31089 high in this bounce so far
10:08 Uttam : some good greens coming in BNF here
10:08 Uttam : 31092 high of bar
10:09 Uttam : C side coming mostly looks like in both
10:15 Chandrashekhar : RE for NF here
10:15 Boppanna : 55k
10:15 Chandrashekhar : 55 K buy as well @ 12008
10:15 Chandrashekhar : +1 bops
10:17 Uttam : NF done – (10:09) Uttam : C side coming mostly looks like in both
10:17 Uttam : whats BNF waiting for
10:18 Boppanna : weekend hangover
10:19 Uttam : 12003
10:20 Uttam : d) Below 12028 auction gets weak for a test of 12012-003 / 11982 & 11960
10:20 Prakash : UG, NF’s next support at 11900..??
10:20 Prakash : *11980..??
10:20 Jitender : fresh shrts here dont hv a good r/r
10:21 Shai : 12035 ref line fopr the drive
10:22 Shai : Likely to move lower to 11922 as long as we stay below 12040F today
10:27 Chandrashekhar : BNF yet to give RE
10:28 Uttam : coming coming
10:28 Uttam : 31050 was a HVN so fight is on here
10:28 Jitender : 🙂
10:31 Tejpreet : Guys any views on Suven Life my Uncle brought at 34 post demerger , he is asking my views and I have no clue 🙂
10:31 Tejpreet : 3
10:31 Tejpreet : .
10:32 Shai : break below 11980 will seal a trend day
10:32 Uttam : there you go…(10:28) Uttam : coming coming
10:32 Chandrashekhar : +1 Uttam
10:32 Jitender : U have cum Uttam ?
10:33 Jitender : (10:32) Uttam : there you go…(10:28) Uttam : coming coming
10:33 Vishnu : c has good vol
10:33 AmitN : 🙂
10:33 Jitender : nw can bnf bounce
10:35 Boppanna : ok Jit will fold shrts
10:35 Jitender : yh mkts had 2 oblige Uttam in tat state 🙂
10:35 Govind : it’s like pulling teeth today with BNF; finally got one – 31100pe from 258.6 to 281, not a big one but a start
10:35 Jitender : congo 2 all iin green
10:36 Vijay : 12100pe 75-140 bought on friday
10:36 Jitender : +
10:36 Chandrashekhar : congrats Vijay, Gov
10:36 Jitender : tats a good trade
10:36 Vijay : thank you
10:36 Boppanna : I did 4 trades in that Govind got stopped thrice had a wrong SL
10:36 Uttam : congo Gov & Vijay
10:36 Shai : 11996 trailing for 1 last push down else 12011 again
10:36 Boppanna : but 4th one worked
10:37 Chandrashekhar : 12100 PE 42-73 all out
10:37 Govind : Bops, I got stopped too twice :); so, basically mtm is flat now
10:37 Govind : Thanks guys
10:37 Vijay : Thanks UG
10:38 Uttam : 40k red at 11994
10:39 Uttam : fresh 0s at 12000
10:39 Vishnu : 11928 will tag?
10:41 Shai : Avoid if 11997 is crossed and wait at vwap
10:41 Govind : was looking for 300 in that 31100pe, high of 289 thus far
10:41 Vishnu : c good vol 9 l above so extn done with good vil
10:42 Boppanna : 285 resistnace on that Govind IMO
10:42 Vishnu : but cot not looks promising
10:43 Jitender : hope no FA plan Uttam ?
10:43 Jitender : just NV
10:43 Uttam : hopefully no Jit 🙂
10:43 Jitender : k
10:44 Jitender : 30130-40 wud be interestn
10:45 Govind : ok, thanks Bops
10:48 Chandrashekhar : @Shai observing some changes to webinato changes ince last week..if we try refreshing the page i get kicked out
10:48 Chandrashekhar : and have to re-login from scratch…is this happening to others as well?
10:48 Uttam : which browser are you using Chandra?
10:48 Chandrashekhar : Chrome
10:48 Govind : No chandra, i use chrome as well
10:48 Uttam : just chekc the flash player version once & update it if needed
10:48 Uttam : cos I am not having any issues since I updated the flsh player
10:48 Chandrashekhar : oh..sure, thanks uttam will do
10:49 Uttam : +1
10:53 Boppanna : Jit pushing BNF with 29k looks like
10:53 Uttam : BNF had a classic C side today
10:53 Uttam : and does VWAP
10:54 Uttam : NF at IBL here
10:54 Govind : this shall be know as the month of FAs
10:54 Govind : known*
10:56 Uttam : 18k green shining in NF at IBL
11:01 Vijay : 18k stuck UG?
11:01 Uttam : can D make new lows?
11:02 Uttam : was meant to be Vijay – weak shorts beign taken out looked like there – (11:01) Vijay : 18k stuck UG?
11:02 Vijay : +1
11:05 Uttam : another 16k green now in NF
11:06 Boppanna : D trying to get above C in both 8 more min
11:07 Uttam : Jit gets his level in BNF
11:07 Jitender : danke
11:07 Uttam : +100 Jit
11:07 Jitender : half here
11:07 Boppanna : +1
11:07 Jitender : half holdn
11:07 Vijay : +100 Jit
11:08 Tejpreet : +1 Jit , .25 dt from you. tks.
11:08 Jitender : my pleasure bhai
11:08 Jitender : tx UG/ BoPs
11:09 Jitender : tx Vijay
11:10 Jitender : will exit if 31060 brks
11:11 Vijay : Loving VT, So much to learn from you guys
11:11 Uttam : BNF at PDL here
11:15 Shai : Intra – Buy 12000 pe at 64 sl ogf 57 tgt 78/95.
11:16 Vijay : @shai i bought 12050pe @91
11:16 Vijay : what should be the target?
11:17 Jitender : out of longs..bal
11:34 Shai : 108
11:34 Shai : +1- (11:11) Vijay : Loving VT, So much to learn from you guys
11:34 Shai : (10:21) Shai : 12035 ref line fopr the drive(10:32) Shai : break below 11980 will seal a trend day
11:35 Shai : seeing the auction between these 2
11:36 Shai : If 11980 breaks we go for plan 2 – (10:32) Shai : break below 11980 will seal a trend day
11:40 Shai : 12000 pe under water friom 42
11:40 Shai : has not reduced any OI yet
11:40 Shai : Afternoon depends on what they do
11:47 Jitender : 21k red bnf
11:47 Jitender : green*
11:47 Jitender : stops
11:52 Shai : 12000 pe stopped. Make exits for now
11:54 Shai : Plan is take the PE again if 12014 breaks
11:55 KK : greens at the top in both
11:55 Shai : This SC is not good is unable to take out 12032
11:58 Shai : SL’s- (11:55) KK : greens at the top in both
12:07 Prakash : Plus COT in last 5Bars
12:08 Shai : SC\
12:08 Tejpreet : Shai short bias negates above 12055 ?
12:08 Shai : yes
12:08 Jitender : here (10:44) Jitender : 30130-40 wud be interestn
12:09 Shai : 12013 ref libe for shorts
12:09 Shai : COT is plus abv it
12:09 Tejpreet : tks chief.
12:14 Favas : ref for bnf?
12:15 Shai : 31030
12:15 Uttam : ‘b’ shape profile in both so far
12:16 Favas : thnks
12:24 Shai : Intra – keep an NF buy abv 12045 sl of 12025 tgt 12088.
12:25 Shai : shoukmd drop to 12014 from here
12:25 Shai : but keeping the other possisbility open also
12:30 Jitender : 31048-30085
12:31 Uttam : IS at vwap in NF?
12:31 Shai : yes for 11997
12:32 Shai : conflct resolves over 12035
12:33 Jitender : *31148 (12:30) Jitender : 31048-30085
12:43 Govind : COngo Jit, BNF day range almost the same as Friday
12:44 Jitender : +1
12:51 Boppanna : Uttam BNF above 120, 200 check coming ?
12:51 Uttam : 31155-165 imp res now in it Bops
12:52 Boppanna : ok
13:04 Uttam : Bops getting out your hammer 😉
13:06 Tejpreet : Shai / Uttam can tab 2 be used to place the weekly hyos and dily ones. Quick acess and screen space is saved .
13:12 Govind : hammer not feelin it today?
13:12 Uttam : Monday na so will come out a bit late in ‘I’ ;-p
13:13 Govind : oh ok
13:13 Govind : 🙂
13:13 Boppanna : one move 60 atleast before euro pls Uttam in BNF
13:17 Shai : Intra – Buy 12000 pe again 60- 61 sl of 47 tgt 78/ 91.
13:18 Shai : Can be done – (13:06) Tejpreet : Shai / Uttam can tab 2 be used to place the weekly hyos and dily ones. Quick acess and screen space is saved .
13:19 Shai : b forming today off that FA point
13:19 Shai : long liquidation
13:20 Shai : 12000 pe is the odd guy out
13:20 Shai : About 15L added abv 42 withy current price of 5=60
13:21 Shai : 59- 60*
13:21 Shai : Aren’t getting paid
13:27 Govind : HDFCB is up 1% from DL but still below DH, just 2 points away
13:27 Govind : sign of things to come?
13:48 Jitender : 2wice 331k pe 181-196
13:48 Jitender : finally DT done
13:48 Pramathesh : +1
13:49 Tejpreet : +1 Jit.
13:49 Jitender : tx gents
13:49 Tejpreet : tks Shai …missed your msg about tab 2.
13:52 Shai : Move SL to 58 just below cost- (13:17) Shai : Intra – Buy 12000 pe again 60- 61 sl of 47 tgt 78/ 91.
13:52 Shai : staying below 12018 looking for 11980
13:56 Jitender : +1
13:57 Jitender : BOPs…were’s the hammer ?
13:59 Jitender : maruit brke 6900
14:00 Shai : TSLO taken in PE
14:00 Boppanna : Tight B
14:00 Boppanna : BNF
14:01 Jitender : algo’s making merry in bnf
14:01 Jitender : lot of )’s everywere
14:01 Jitender : 0’s
14:01 Boppanna : 🙂
14:05 Govind : SD3 to SD 3
14:06 Govind : not me, algos
14:07 Vishnu : today was negative day fro me two pe trade sl hit 25 k gone. so out
14:09 Sachin : i wish i had the discipline vishnu, well done… walking away when things are not working is tough
14:10 Shai : Intra – Sell NF 12015 sl of 12039 tgt 11980
14:10 Pramathesh : +1 Sachin
14:10 Jitender : 31k pe 176-193..my quoota over fr tis trade quant
14:11 Shai : Have also a buy abv placed in 12000 pe abv 68 for any spike in close
14:11 Jitender : r u coming to delhi…will be talking abt tis in workshop (14:09) Sachin : i wish i had the discipline vishnu, well done… walking away when things are not working is tough
14:13 Jitender : most of the ppl here are making money coz tey have understood wat i do with DT
14:13 Jitender : system n disclipline abt it
14:13 Shai : bid ask spead is again 3 points NF
14:13 Sachin : yes jit, trying to move my schedules to come there
14:13 Shai : hence the spikes
14:14 Jitender : Shai has a beautiful system here in VT…u just need disclipline to make most of it
14:14 Ankit : absolutely +100
14:14 Jitender : if needed ..will sit my VT guys after wrkshop also fr sum time….
14:14 Jitender : i hate if anyone at VT losses money
14:14 Ankit : tht would be amazing jit
14:15 Shai : +1
14:15 Ketan : super jit !
14:15 Pramathesh : +1
14:15 Jitender : Shai has been kind to give Qn A time also…but if reqd…chief n I will be tere with Uttam fr VT guys
14:15 Vishnu : no jit bit mistake from me . imistakes are priced in
14:16 Sachin : that would be wonderful
14:16 Shai : NF 11998 . Book half here
14:16 Jitender : le lo 🙂 (13:57) Jitender : BOPs…were’s the hammer ?
14:16 Jitender : +1 Shai
14:16 Sachin : +1 shai
14:16 Ankit : +1
14:17 Sachin : spreads have come back
14:17 Shai : +1- (14:13) Sachin : yes jit, trying to move my schedules to come there
14:17 Shai : Come guys, make the time to be there
14:17 Shai : 2 days c an turn your trading life around
14:18 Jitender : +1
14:18 Rajan : +1 Jit & Shai
14:18 Chandrashekhar : +100 Shai, no doubts on that
14:18 Chandrashekhar : Uttam so the next Monday would be a trending day??
14:18 Chandrashekhar : in the last two sessions in BLr/Mum we got trending day
14:19 Tejpreet : Chandra could be a trending week as all three are here at Delhi 🙂
14:20 Chandrashekhar : +1…oh yeah
14:23 Shai : voilatile ina 20 point range NF
14:23 Shai : between dval and dpoc
14:23 Shai : still waiting for a trigger below dval
14:29 Uttam : spike time?
14:29 Boppanna : bnf
14:29 Uttam : BNF to make new lows first?
14:33 Shai : prem back in NF
14:34 Boppanna : back up
14:53 Boppanna : Hello bots if you are not sure which way to go pls get the last tgt and make Uttam get a good nights sleep b) The auction would get weak below 31200-188 for a test of 31120-110 / 31050 & 30987-956
14:53 Tejpreet : tks bops.
14:53 Uttam : lol
14:53 Sachin : haha
14:54 Uttam : have taken today’s IBH & day high as 31200 as no vols above it in the morning freak open
14:54 Uttam : so above 31200 FA gets confrimed
14:54 Vishnu : balancing in between the lows
14:55 Vishnu : vol not seen
14:55 Jitender : BoPs 🙂
14:56 Shai : 12000 pe is hoping for the prem to drop to 26 tom on theta
14:57 Uttam : no vols today so sellers doing a bad job Shai?
14:57 Shai : b shape
14:57 Shai : long liquidation
14:57 Uttam : long liquidation and no new sellers?
14:57 Boppanna : ok Tej letting go pls take it away
14:58 Uttam : Friday was the lowest volumes of the series in both but looks like today giving a good fight to replace it
15:00 Tejpreet : Bops all setting up nicely for tomorrow , now just awaiying Uttam’s combo call for imbalance to begin.
15:00 Uttam : Jit giving any 3:05 move on Monday?
15:00 Jitender : poss
15:00 Vishnu : ug any combo call
15:01 Uttam : boom boom
15:02 Uttam : prominent POC in BNF at 31080
15:02 Uttam : 12012 in NF
15:03 Uttam : shorts being squeezed out
15:04 Uttam : he is doing this 😉 – (15:00) Uttam : Jit giving any 3:05 move on Monday?
15:04 Jitender : its yr move man….
15:05 Jitender : gvn mkt action of the day the chances were high (15:00) Jitender : poss
15:05 Sagar : SL hit
15:06 Uttam : which SL Sagar?
15:06 Uttam : NF was booked 50% na?
15:06 Uttam : 11988 so SL was cost after that’
15:06 Vishnu : 15k hit at sl
15:06 Vishnu : top
15:07 Uttam : close mostly at POC in both?
15:07 Vishnu : seems
15:08 Uttam : if no more shorts left to be squeezed else mroe upside
15:08 Uttam : no wonder those 12k PE writers had a semblance of arrogance 😉
15:09 Vishnu : nf and bf formed balanced at llow
15:09 Vishnu : tom what could be the range ug
15:12 Uttam : NF at the RO point of 12044
15:14 Uttam : last 3 bars on 5min COT 37k / 58l / 43l
15:14 Uttam : 43k
15:15 Uttam : this one 44k
15:15 Govind : RIL busting a move Uttam
15:15 Uttam : 48k green
15:15 Vishnu : shorts are covering
15:15 Tejpreet : Jit AAP victory sure or can be a surprise tmrw ?
15:16 Rajiv : Tej I think it is sure. Lest hear JIT
15:16 Tejpreet : lol
15:16 Govind : haha
15:16 Rajiv : lol
15:16 Jitender : else thru
15:16 Ankit : hehe true
15:16 Uttam : so kuch bhi ho sakta hai Jit 😉 ?
15:18 Jitender : lot
15:19 Ankit : Ec has been cornered by media constantly too
15:19 Ankit : lets see
15:22 Uttam : NF has a COT of 2.5L in last 40mins
15:23 KK : can we carry onernight calls on thjis COT
15:24 Uttam : buy abv vwap in this spike was the trade we could have taken & depending on the close book 50% & carry rest or book out fully
15:24 Uttam : 56k Green
15:25 Uttam : 3.1L COT now
15:25 Sagar : gap up tmr ?
15:25 KK : will carry the next week to save on part erosion
15:25 Uttam : dPOC may shift to 12044
15:25 Uttam : the RO point
15:26 Ankit : see you guys tom.. good day..thanks 🙂
15:26 Ketan : chalo., take care guys !
15:27 Uttam : 11990 spot is an imp ref
15:27 Uttam : has taken sup today right there
15:27 Vijay : Tomorrow should be intresting
15:28 Chandrashekhar : Thanks All, bye now
15:28 Uttam : BNF will be the key
15:28 Uttam : jusut 200 point range today
15:28 Uttam : if we ignore the freak tick of open
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Rajan : Bye all
15:29 Shai : Have a nice evening
15:29 Tejpreet : Bye All.