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
B
NF
08:52 Vtrender Live : (08:50) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/407621709
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09:24 Shai : Intra – Buy BankNifty ABOVE 25960 sl of 25845 tgt 26110
09:53 Shai : (09:53) Shai : Make exits in the BNF longs at 25885- 890 here
09:58 Shai : (09:58) Shai : Buy 10600 pe at 125 sl of 102 tgt 157
10:17 Shai : (10:17) Shai : 10600 pe at 149 near tgt 1. Book half and ride the rest at cost
10:26 Shai : (10:26) Shai : Book the 10600 PE fully 140
11:26 Shai : (11:25) Shai : POsitional trade – Buy 10600 pe at 136 sl of 90 tgt 217
12:46 Shai : (12:46) Shai : Intra – Short BankNifty 25785 sl of 25865 tgt 25630
13:09 Shai : (13:09) Shai : BNF 25695. Book half here
(13:09) Shai : BNF book fully
13:15 Shai : (13:15) Shai : Positional 10600 pe book once at 169 here and buy on dip. Move SL to 130 for this hold now.
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08:58 Shai : GM all
08:59 Uttam : Good Morning All 🙂
09:00 Dr Prajwal : gm all
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-9th-nov/
09:03 MJ : Good morning every one.
09:03 Shai : https://vtrender.in/monthly-and-weekly-charts-analysis/
09:04 Shai : a) supply seen at 10638 on Fridayb) 10520 zone has seen buyers previouslyc)The auction is in balance currently within the zone
09:04 Shai : a) supply seen at 25900-25940 from earlier and is still persisting b) immediate support at 25750c)Broad 2 way balance in the multi day Time Frame
09:06 Jitender : Gm Folks 🙂
09:09 Uttam : hey Jit 🙂 done with your travels?
09:10 Jitender : hi Uttam…ys for Nov 🙂
09:10 Uttam : great so it will be good to have you back in the room for more time now
09:12 Jitender : good to b back here….missed the room & its energy
09:12 Uttam : +100 same here the room missed your energy too
09:12 TP : GM All.
09:15 Uttam : BNF high same as that day’s FA
09:19 MJ : Good Morning Jit 🙂 Good to see you back 🙂
09:19 Jitender : Gm bro…same here 🙂
09:20 Uttam : BNF above that FA of 5940
09:20 Uttam : moving away from balance are both for now but need more cinfrmation
09:21 MJ : Vol good for trend day in NF?
09:21 Uttam : no Mihir poor vols to start the day, but looks like going up now
09:21 MJ : Okay
09:21 MJ : Thanks Uttam.
09:23 Sumit : reds coming in BNF
09:24 Shai : Intra – Buy BankNifty ABOVE 25960 sl of 25845 tgt 26110
09:25 Shai : Buy abv only**
09:34 Jitender : o=l in both..needs 2 b watched
09:34 Shai : Looking for it to manage above 25940 supply in BNF on this open
09:35 MJ : Lack of supply and moderate demand can make NF reach to 693?
09:35 Shai : could rip higher on that move above 960
09:35 Shai : B strats
09:35 Shai : starts*
09:36 Jitender : Mihir…so far OD on low vols
09:36 MJ : Yes Jit 🙂
09:36 Ravi : @sahi can we enter bnf now
09:36 Jitender : 910-920 in bnf needs to b defended by greens
09:36 MJ : 625 got my fills.
09:36 MJ : half in half out.
09:36 Shai : BNF longs in
09:37 Sumit : pink band in 10600 call
09:39 Jitender : 25.9ce needs to scale 183 to rock
09:39 Boppanna : pink band in BNF 30 min as well
09:39 Jitender : yys
09:43 Jitender : gotcha ..half out (09:36) Jitender : 910-920 in bnf needs to b defended by greens
09:43 MJ : +1 J.
09:44 Jitender : u 2
09:44 MJ : 660 band on nf to be taken out.
09:50 Rushabh : 10638 should hold on right? or else we got rejected on the upside?
09:51 Shai : yes now a supp
09:51 Rushabh : Okay
09:51 Shai : 25900/ 25845 also a supp in BNF
09:51 Uttam : 25860 in BNF imp Shai?
09:51 Shai : sellers assume control if broken
09:51 Uttam : we also have a green band there
09:52 Rushabh : we have good volumes above 10638?
09:52 Shai : a few long liquidated the BNF on the vwap break
09:53 Shai : Make exits in the BNF longs at 25885- 890 here
09:54 Shai : 25845 visist due
09:54 Jitender : 870..all out..DT done 🙂 (09:43) Jitender : gotcha ..half out (09:36) Jitender : 910-920 in bnf needs to b defended by greens
09:54 Uttam : A period singles not holding
09:55 Uttam : sustaining below 25880 will be bad for BNF bulls
09:55 Boppanna : +1 Jit
09:55 Uttam : (09:51) Uttam : 25860 in BNF imp Shai? BNd low so far in this dip 25866
09:55 Jitender : yr pink band BoP..just as i was abt 2 hedge
09:55 Jitender : tx fr the point out
09:56 Boppanna : Shai’s pink band 🙂
09:56 Jitender : yh….OF rocks
09:56 MJ : We men do love pink.
09:56 MJ : Who says otherwise? 😛
09:56 Jitender : Aerosmith….”pink “..lemme put tat on 🙂
09:57 MJ : Hehe Jit.
09:57 MJ : Gave 25+ (09:44) MJ : 660 band on nf to be taken out.
09:57 Jitender : bnf tere …(09:34) Jitender : o=l in both..needs 2 b watched
09:57 Uttam : Shai’s 25845 here
09:58 Jitender : yup
09:58 Shai : Buy 10600 pe at 125 sl of 102 tgt 157
09:59 Shai : Failed attempt to break higher
09:59 MJ : Big greens bnf at lows.
09:59 Jitender : 37k green in bnf
09:59 Shai : Had to cover the longs above 960 when the reds showed up- (09:52) Shai : a few long liquidated the BNF on the vwap break
10:00 MJ : Shai can that 27k red be out in this 43k greens?
10:00 Shai : even NF has all the reds at 640 now
10:00 Shai : yes
10:01 Shai : 10595 test due on these reds
10:04 Uttam : 37k green in BNF
10:04 Uttam : 50k on 30mins
10:05 Uttam : some covering from that pink band looks like
10:06 Mayuresh : 37k green in 9:55 candle?
10:06 Uttam : yes
10:09 Uttam : Shai today’s open was a OD on low vols which failed or just an OA>
10:09 MJ : OD became OA looks like.
10:10 Uttam : OD fail is better Mihir will give a biggern range 😉
10:10 Uttam : tried to move away from balance but back into it so can do the entire composite here both NF & BNF
10:12 MJ : 😀
10:12 MJ : Bnf has more greens now.
10:13 MJ : 580 595 looks like it.
10:15 Pradeep : great cakk Shai on NF. I am out here with handsome profit
10:15 Pradeep : call
10:15 Jitender : congrats Pradeep
10:16 Uttam : congrats Pradeep 🙂
10:17 Uttam : NF tagging the weeklpy POC
10:17 Shai : 10600 pe at 149 near tgt 1. Book half and ride the rest at cost
10:17 Jitender : nf also brk it (09:57) Jitender : bnf tere …(09:34) Jitender : o=l in both..needs 2 b watched
10:18 Shai : 10586- (10:01) Shai : 10595 test due on these reds
10:18 MJ : +1
10:18 MJ : Chief.
10:18 Uttam : 10587 is the weekly POC Shai
10:18 Shai : Failed upbreak today
10:18 Jitender : +1 Shai
10:18 Uttam : back into composite & first part done
10:18 Boppanna : +1 Perfect yVAH to y6 6 7 VAL trade with morning’s
10:18 Shai : Longs messed up above 25960 F today in BNF
10:18 Boppanna : *NF
10:18 MJ : +1 bopp
10:19 MJ : Kudos to everyone in the room.
10:19 Uttam : now for the VAL of 10545
10:19 Jitender : steel prices have tumbled 4.5% in china exchange
10:19 MJ : India vix also at 5%
10:20 Jitender : usdinr at DHs
10:20 Jitender : lovley start to the day
10:20 Uttam : (10:10) Uttam : tried to move away from balance but back into it so can do the entire composite here both NF &; BNF
10:21 Mayuresh : BNF above that FA of 5940 – meaning?
10:21 Uttam : above 150 that PE can tag 170 Shai?
10:22 Shai : 157 is res
10:22 Shai : but that pink came early
10:22 Uttam : thanks Shai 140 sup now?
10:23 Uttam : green band there
10:23 MJ : Test of vwap?
10:23 Shai : 135 is
10:23 Uttam : great
10:23 Boppanna : looks like a fast pace auction day Shai?
10:24 Mayuresh : uttam I am unable to pvt msg you to ask questions
10:25 Uttam : you can do it on slack Mayuresh
10:26 Mayuresh : Live now?
10:26 Uttam : always 🙂
10:26 Shai : Book the 10600 PE fully 140
10:33 Shai : A few queries on that BNF trade which went wrong . Let’s see what happened
10:34 Pradeep : Shai: if you have time, can I know what are the blue dots on OF that it appears . Let’s say on NF on 10.20 candle there is blue dot next to 9600 on ASK side @10600
10:34 Shai : We were waiting to buy above 25960 which is the 4 day composite highs + filter. Obviously the open is the best period of the day to buy these breakaways, so we positioned long.
10:34 Pradeep : what is the significance of these blue dots
10:34 Shai : Post the position, the BNF ran upto 25980 where instead of buyers and demand we had a pink band showing RS
10:34 Shai : Since trade was committed we waited at vwap to see if buyers responded.
10:35 Shai : But at vwap there were only pinks and the upside breakout was confirmed as fake.
10:35 Shai : The BNF is now at 25750 . We took an early exit ahead of SL based on a real time reading of the OrderFlow
10:35 Uttam : +1 Shai
10:35 Shai : Hope you guys get the thought process. That is what all this is about.
10:35 Jitender : absolutely +100
10:36 Shai : There is no point working with fixed numbers on a chart when you have real time assessment of the market in an OrderFlow chart.
10:36 Shai : We let the OrderFlow guide.
10:37 MJ : Moving away from conventional style of SL is the best way to get edge over your trade.
10:37 Pradeep : Shai, once the call was given, I saw lot of sell side imbalances, so did not get into the trade. I was tempted to short. But Value was higher and did not deem it fit ti short.
10:37 Pradeep : There were several Pink dots too
10:38 Uttam : 10570 coming in NF looks like
10:38 Shai : blue dots are closing prices – (10:34) Pradeep : Shai: if you have time, can I know what are the blue dots on OF that it appears . Let’s say on NF on 10.20 candle there is blue dot next to 9600 on ASK side @10600
10:39 Pradeep : ok
10:40 Boppanna : +1 Shai..I remember RK sharing in a tweet or here to be suspect a morning low vol drive from previous day value .. RK here? may be he can share it again
10:41 Mayuresh : What are these BIG green or pink circles?
10:41 Uttam : big buyers or sellers
10:42 Mayuresh : LLT?
10:43 Shai : they are delta – latrget delta – (10:41) Mayuresh : What are these BIG green or pink circles?
10:43 Shai : As beginners look at the numbers and can go to color, delta, imbalances later
10:43 Shai : the trade is in the numbers
10:44 Shai : 105/ 164 and that 43k is the buyer response now
10:45 Shai : they look to be holding 10586
10:45 Shai : next round to 10530 can begin only when these buyers are made to cover
10:46 Boppanna : We also had a big red around 640 in NF on Friday as well
10:46 MJ : 1.8L
10:46 MJ : Bopp
10:49 Mayuresh : Plz conduct a session exxplaining chart lines and indicators.
10:50 Shai : They are just value aread Mayuresh
10:50 Shai : areas*
10:50 Shai : yesterday and today
10:55 Kunal : at break of DL, what would be a target for NF short, y day low?
10:57 Shai : 2IB
10:57 Uttam : 10569 which is 1.5 IB plus Friday lows
10:58 Uttam : below it 10545 weekly VAL & 2IB of 10538
10:58 Kunal : today’s IB is around 65 pts in NF
10:58 Uttam : yep
10:58 Kunal : so 1.5 * 65, starting from which pt pls?
11:01 Uttam : from IBH
11:04 Uttam : you need to calulate the extension from the opposite end from the IB level where extension has taken place
11:06 Kunal : ok
11:06 Kunal : got it
11:09 MJ : uttam IBDOP is a new thing on the chart?
11:11 Uttam : it is same as IBL
11:11 Uttam : dont know what the DOP stands for
11:11 Boppanna : DayOpen
11:12 Prudhvi : day openi think.
11:13 Uttam : oh ok could be day open price
11:13 Dr Prajwal : daily low holding??
11:13 Uttam : + IBL also there
11:13 Pradeep : Shai: couple of days back you had mentioned C breakout of IB is not good an Generally it fails. Is today’s case a C breakout in BNF & NF?.
11:14 Uttam : poor lows in both NF & BNF
11:14 Uttam : sorry not in BNF
11:15 MJ : Uttam poor lows are repaired in same day usually? Or can be next day too?
11:16 Uttam : it could mean sellers getting exhausted
11:17 Uttam : D range getting narrower
11:17 Uttam : unable to sustain below 10587 so vwap test coming
11:18 MJ : Low held and Done (10:23) MJ : Test of vwap?
11:18 Himanshu : uttam whr we can see total volume under 5 mon bar?
11:18 Himanshu : min*
11:19 Uttam : at the top of each bar in yellow
11:19 Himanshu : ohh yes …
11:19 Uttam : vols increased in NF as it tagged vwap
11:20 Shai : push it to 10617- (10:44) Shai : 105/ 164 and that 43k is the buyer response now
11:20 Boppanna : Shai 25700pe any big buying at lows?
11:20 MJ : +1 chief.
11:21 MJ : Lets touch vah
11:21 MJ : 😀
11:22 Dr Prajwal : so both nf and bnf are not doind good job of breaking out and breaking down. will it remain in bracket through the day
11:22 Uttam : NF resisting at yPOC
11:22 MJ : +1 Doc.
11:22 Uttam : 10617
11:22 Shai : will plot Bopp
11:25 Shai : POsitional trade – Buy 10600 pe at 136 sl of 90 tgt 217
11:29 RK : Yes Bop such drive is ok as long as it holds value higher else liquidation (10:40) Boppanna : +1 Shai..I remember RK sharing in a tweet or here to be suspect a morning low vol drive from previous day value .. RK here? may be he can share it again
11:30 MJ : RK b forming?
11:30 MJ : Or too early?
11:31 RK : b if we get 630 now
11:31 MJ : Ok
11:31 RK : else one time framing down and E is whip
11:31 Uttam : +1 RK E seems to be an early pull back high
11:31 RK : as long as staying below VWAP we could head down to 560/550 kind
11:32 Uttam : yes RK 10545 tag can come I feel
11:32 RK : BNF could be faster towards 710/670 zone
11:33 Shai : I’m looking for a failed move back to 10530 and below on this failure of buyers near open today
11:33 Shai : hence the PE
11:33 Shai : 10637 was sold friday and Mahurat day also I think
11:33 MJ : Value overlap so far .
11:34 Shai : view void if we are above 10650 by close
11:34 RK : BNF we have 100 point balance from 06th profile below today low
11:34 Uttam : yes needs to get below IBL again NF
11:35 RK : as long BNF holds the extn handle today probe is to test that 06th balance at lows and 07th tail too
11:36 RK : *09th tail
11:45 Uttam : initiative selling below IBL in NF here?
11:47 Shai : 10530 would be good by close
11:48 Uttam : 10570 coming now?
11:55 RK : NF making ledge here
11:55 RK : and BNF around 810
11:56 MJ : One trip north side RK?
11:56 RK : scale 607/820 then yes
11:56 RK : till then Ledge offers res
12:10 Uttam : poor lows repaired in NF
12:10 Pradeep : greens were waiting at dval?
12:14 RK : G starts
12:15 Ravi : @shai what about 63k buyers at NF 5 min chart
12:19 Uttam : NF manages to push the poor lows lower
12:25 Shai : yes Ravi good RB that is
12:25 Shai : that 10606- 10610 has those 2 101 and 98 k in sells
12:28 Jitender : Ag goes long
12:29 Uttam : chalo thoko then 😉
12:29 abhishek sharma : prices are going up are now buyers taking control
12:29 MJ : That 63k might be in for vwap?
12:35 RK : the move towards 585 post moring failure was due to liquidation of longs..now to get more downside need a commitment frome sellers which is lacking now
12:35 Uttam : yes RK no new sellers as we made new lows
12:35 Uttam : that is why auction stalling at present?
12:36 RK : yes
12:36 Uttam : thanks 🙂
12:39 Shai : BNF is stuck
12:39 MJ : Only you can move her Shai.
12:39 MJ : Do something 🙂
12:40 Shai : 🙂
12:40 Shai : I can tickle her 🙂
12:40 Jitender : lol
12:40 MJ : Lol
12:41 Sandesh : (12:40) Shai : I can tickle her :)>> aaaiiiiii!
12:41 Uttam : lol
12:42 Jitender : Sandesh…he got u instead on bnf 😉
12:43 Sandesh : 🙂
12:44 Jitender : atleast usdinr is on course since open
12:46 Shai : Intra – Short BankNifty 25785 sl of 25865 tgt 25630
12:47 Shai : 4740 at top of the bar late to a very slow game
12:50 Mayuresh : Green box around 7575
12:50 Mayuresh : What does that indicate?
12:51 Mayuresh : Also 3 colored boxes in NF 30 min Brown, Green, Yellow
12:56 Shai : green box is the buy side imbalance for that time
12:57 Shai : you want that number to be higher but for a low volume market that is still 7 times more for boxed
12:57 Shai : see that 7500 does not have a match around hence imbalance
12:58 Shai : Maroon boxes in 30 min are previous exmaples of sunch imbalances
12:58 Shai : same for green
12:59 Mayuresh : Sir, in 30 min.
12:59 Mayuresh : gren box around 11, 12 and then single box around 15
13:00 Mayuresh : but no box round 19, 59?
13:00 Pradeep : Shai, then what the the green and pink band respresent? I thought that is also imbalnce.
13:04 Shai : bands are more sophisticated and have other factors added
13:05 Pradeep : bands are also imabalnces is it?
13:05 Shai : greens are alll imbalances in various forms
13:06 Shai : the boxes and bands represent degress of those imbalances
13:06 Mayuresh : There are lots of such things. Learning everything EVENTUALLY, won’t it be better if we have a webinar or short session for this only.
13:07 Mayuresh : Because I know I will inundate this forum with such questions.
13:07 Uttam : volume build up in BNF at 25780
13:07 Uttam : last three 30min POC overlapping & there
13:07 MJ : Trick or Treat Uttam?
13:07 Shai : w ewill do a webinar soon again
13:08 Shai : They are scheduled events
13:08 RK : champion of LEdge..price never scaled higher since then (12:28) Jitender : Ag goes long
13:08 Himanshu : uttam in NF last 3 30 min poc shifting down but lows are held
13:08 Shai : whenever we have them do make it a point to attend
13:08 Himanshu : shai ? (13:08) Himanshu : uttam in NF last 3 30 min poc shifting down but lows are held
13:09 Himanshu : any comments for that
13:09 MJ : omg 😀 246k
13:09 Uttam : BNF gone
13:09 Jitender : finally
13:09 MJ : Refresh?
13:09 Jitender : 2x
13:09 Shai : BNF 25695. Book half here
13:09 Uttam : NF finally does that 10569
13:09 Himanshu : 2.46 klakhs
13:09 Shai : BNF book fully
13:10 Boppanna : +1 Shai Tickled in fine 🙂
13:10 Uttam : (13:07) Uttam : volume build up in BNF at 25780(13:07) Uttam : last three 30min POC overlapping & there when this happens can expect a move away
13:10 Uttam : yes BNF always listens to Shai 😉
13:10 MJ : BNF aroused 😛
13:10 MJ : Shai thanks.
13:10 Shai : the other green also came same minute
13:10 Uttam : 2.4L green in NF
13:10 Himanshu : whats that 2.4 lakh
13:11 Uttam : mix of orders looks like?
13:11 Shai : 159 on the PE
13:11 Jitender : +1
13:11 Uttam : tags Friday highs that PE
13:12 Uttam : 174 is a vpoc in that Shai>
13:12 Uttam : ?
13:12 Shai : 10 away – (11:47) Shai : 10530 would be good by close
13:13 Uttam : (10:21) Uttam : above 150 that PE can tag 170 Shai? PE hgih so far 173.4
13:13 Shai : Ignore that fiorst one at 10262
13:13 Jitender : Mihir..time for ‘rabba rabba’ song now after pink 🙂
13:13 Uttam : (10:18) Uttam : 10587 is the weekly POC Shai(10:18) Uttam : back into composite & first part done(10:19) Uttam : now for the VAL of 10545
13:13 MJ : hahaha
13:14 RK : quickrrr (11:34) RK : BNF we have 100 point balance from 06th profile below today low
13:14 Boppanna : The intent flipping in both
13:14 Jitender : +1 Uttam
13:14 Shai : But thuis 10248 guy is one man
13:14 Shai : 10548
13:14 MJ : Jit released hedge forgot one trade and came back 😀
13:14 MJ : boooooooom baaam.
13:14 MJ : Thank you!
13:14 Jitender : congrats
13:14 Jitender : in love n trading ‘release’ is v imp
13:14 Jitender : 🙂
13:15 MJ : hahaha!
13:15 MJ : Tickle too.
13:15 Shai : Positional 10600 pe book once at 169 here and buy on dip. Move SL to 130 for this hold now.
13:15 Jitender : 🙂
13:15 MJ : Who says trading is stressfull? This room keeps it so lively.
13:15 Shai : This 10548 guy has muscle
13:16 Uttam : yes that PE tags the vpoc of 174 so looks like this move done & in next leg can do that next vpoc higher at 219
13:16 Shai : if shorts in profit book some
13:16 Shai : don’;t let the market take it away
13:16 Jitender : hehe (12:28) Jitender : Ag goes long
13:17 Uttam : (12:29) Uttam : chalo thoko then 😉
13:18 Jitender : u r the champ Uttam
13:18 MJ : That red box of 660 gave me really good trade 😀 glad I held half pos till this drop.
13:18 MJ : Uttaaaam 🙂
13:18 MJ : rockstar hai.
13:19 Uttam : I just decoded your statement Jit 😉
13:19 MJ : Shai: Series mid way we’ve seen algo guys very rarely no?
13:19 Jitender : Rk also (13:08) RK : champion of LEdge..price never scaled higher since then (12:28) Jitender : Ag goes long
13:19 Uttam : +1
13:20 Shai : 🙂
13:20 Shai : Love a Happy room full of Happy traders and happy trades 🙂
13:20 Jitender : all yr vision chief !!
13:20 Uttam : 25650 goes in BNf we can tag 25575
13:20 Mayuresh : I am not happy.I am desperate. Lol
13:21 Ashish null : yes man this room is even better than bedroom
