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
08:58 Arcchit Agarwal : GM All
08:58 Gopi : gm all
08:58 Chandrashekhar : GM all
08:58 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/353366117
08:59 Vtrender Live : 5 min NF charts – https://join.me/928-275-025
09:00 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647754788?pwd=MXN6azg0OGFwQVhFMTlvY0c5U2ZJZz09
09:05 Raveendra : gm all
09:06 Shai : GM all
09:06 Ankush Jain : GM
09:06 Shai : 11908 again ref line for the open
09:06 Shai : yesterday we had a move below 11908 which was quickly reversed
09:06 Shai : 12012 mentioned yesterday continues to be the supply to watch intra day
09:07 Naren : GM Shai, Everyone.
09:07 Shai : support lower is at 11856 and 11812
09:07 Muralidhar : GM all…
09:07 Shai : continue to use the same principle as yesterday of the market moving back to a balance\
09:08 Shai : 23720 ref line in BNF again
09:08 Shai : 24160 to watch for supply
09:10 Uttam : Good Morning All 🙂
09:21 Shai : Oair Lower end of yesterday’s profile
09:21 Ankush Jain : how do we interpret it ?
09:23 Shai : NF amy stay around 11910
09:25 Rohit : Shai, NF upper and lower 0’s suggest a range-bound day ?
09:25 Uttam : BNF needs to get back into prev days range
09:25 Prashant : 1st 5 min zeros are to be ignored i think
09:25 Uttam : else would remain weak
09:26 Shai : yes ignore 1st 5 min zeros
09:26 Shai : it’s illiquid anyways first min
09:26 Shai : but yes could be range bound for other reasons
09:26 Shai : looking at 11860- 11955 range to trade
09:26 Sumeet : today i think is the supreme court hearing. dont know if a judgement will come or not. i think 2 pm…
09:28 Shai : okay
09:37 K2dt : on interest waiver? Sumeet?
09:40 K2dt : nf taking u turn on chief’s orders of rangebound session exactly at 955 :)))
09:42 Naren : NFT moving within y.days range where as BN trying to get back in to y.days range, failed to get back in few times
09:46 Naren : BN finally back in y.days range and hit with RS
09:47 Rajiv Ohri : Shai 11972 still a ref for today
09:48 Shai : yes
09:48 Shai : 11995 major though
09:52 Naren : both NT & BN made a failed attempt for a vwap touch , which is below current price
09:52 Naren : *NT = NFT
09:53 MJ : @bossman. VAH in infobox at 11912?
09:53 MJ : Should be higher no/
09:53 MJ : ?
09:54 Uttam : BNF has a tail at lows outside PDL for now
09:54 Uttam : buying there looks like
09:54 Kaustubh : NF wants to move higher
09:55 Uttam : NF has similar highs in A & B
09:55 Ankush Jain : NF also has a buy tail
09:56 Uttam : but in prev day range
09:56 Uttam : vwap test coming in NF looks like
09:58 Shai : RIL was responsive for that last 30 point move up in NF
09:58 K2dt : +1 chief.. it moved 25 points from dl
09:58 Ankush Jain : RIL not participating in the rally
09:59 Shai : it’s in the middle of a 100 point congestion
09:59 Shai : has to break abv 2316 for more
10:00 Ankush Jain : maybe amazon court case weighing on it
10:00 Naren : BN vwap gone, NFT inching close tp vwap
10:00 K2dt : chief 12121 objective still valid for nf?
10:01 Naren : both bouncing off from vwap now
10:02 K2dt : UG can u post composite links of both in slack?
10:03 Uttam : BNF already there in MPLite channel
10:03 Uttam : NF link you can open and merge the last 3 profiles
10:03 Uttam : links given in the daily report too
10:03 K2dt : ok thnx UG
10:12 Uttam : looks like NF wants to make a C side
10:17 Naren : NFT posted similar volumes in A period,compared to y.day, both registering morning highs
10:21 Uttam : aa gaya C side
10:22 Naren : Can BN reach 23767?
10:22 Uttam : 0s in this C side
10:22 Uttam : BNF also has 0s at 23650
10:24 Vidhyasagar Lingesan : RB, IB, IB
10:26 Shai : +1
10:30 Naren : bounce off from vwap plus RB +2 IB candles looks like the buyers are not doing a good job, cant take out morning high 23700, but second IB singles still holding the auction
10:35 Shai : In BNF? context is still that previous selling from 9th oct- is pushing against that supply now
10:36 Shai : if it climbs abv the reamining 70 is easy
10:36 Shai : 11955 to watch in NF now
10:38 Arcchit Agarwal : @Shai.. 11955 because thats the developing VPOC
10:38 Arcchit Agarwal : right?
10:38 Uttam : BNF boom boom
10:38 Uttam : tags yPOC
10:38 Uttam : (09:54) Uttam : BNF has a tail at lows outside PDL for now(09:54) Uttam : buying there looks like
10:39 Vidhyasagar Lingesan : 24K CE 180 to 200
10:41 Shai : yes=(10:38) Arcchit Agarwal: @Shai.. 11955 because thats the developing VPOC
10:41 Arcchit Agarwal : Thank you
10:41 Shai : was easy – (10:36) Shai : if it climbs abv the reamining 70 is easy
10:41 Shai : 23650 now a supp
10:42 MJ : Shai has legs to tag pdh? nf?
10:42 Shai : try to watch the profiles, there are periods which have easy points , they have to be traded
10:42 Shai : 11955 sl from here in NF for 12011
10:42 MJ : Thanks.
10:43 Sandesh : 24500 ce 60-85
10:45 Uttam : congo Baba
10:45 Shai : 24160 viisble in BNF sl of vwap now
10:46 Sandesh : _/\_
10:46 Uttam : a) NF needs to sustain above 11945 for a rise to 11966-989 / 12012-044 & 12063-088
10:46 Naren : I still remember Shai’s statement in Pune class: ‘Trade happens when one party is aggressive & other party concedes’ and he made this statement right after lunch time with the introduction to order flow…the result is the current move
10:47 Uttam : NF first stop was 11968 and now 11988.8
10:48 Uttam : +100 Naren
10:48 MJ : +1 Naren. Feb 2018?
10:48 Naren : Yes
10:48 Kaustubh : pune class?
10:49 MJ : Remember that Sesh very well.
10:49 MJ : First time I met Bossman.
10:52 Uttam : Nifty spot needs to get above 11990
10:52 Uttam : same in NF too
10:57 Manik : NF 12th day OTF up.. Crazy
11:03 Shai : small OTF up from open today but past 3 weere sideways value
11:04 Rajesh G : bnf trending? shai
11:04 Shai : Buyers are back today with A singles up and IBH extension
11:04 Uttam : yesterday was profit booking and now they want the 2nd round 😉
11:06 Shai : Buy NF 11976 sl of 11952 tgt 12012
11:09 Sanjib : chart stuck
11:11 Shai : Absolutely – (10:46) Naren : I still remember Shai’s statement in Pune class: ‘Trade happens when one party is aggressive & other party concedes’ and he made this statement right after lunch time with the introduction to order flow…the result is the current move
11:13 Shai : come out at cost 11976- (11:06) Shai : Buy NF 11976 sl of 11952 tgt 12012
11:17 Shai : NF into a sideways phase again
11:17 Shai : needs time here
11:32 Shai : Buy NF again 11964 sl of 11950 tgt 11995
11:48 Uttam : ‘p’ shape profile forming in NF
11:48 Uttam : can E give an extension handle?
11:48 Uttam : F sorry
11:51 Manik : ‘p’ shape signifies profit booking?
11:52 Uttam : short covering
12:01 Kaustubh : stopped
12:04 Shai : NF make exits in longs
12:05 Kaustubh : IS at vwap…shai can it probe lower
12:06 Shai : no
12:06 Shai : A singles at 11940 second layer of supp
12:06 Shai : short is below 11940 only
12:06 Kaustubh : thanks shai
12:06 Rajiv Ohri : Charts Stuck?
12:06 Kaustubh : joinme working
12:07 Kaustubh : room charts are stuck
12:07 Ankush Jain : chrts freeze
12:10 Shai : charts back
12:11 Kaustubh : y
12:11 Naren : BNF needs to move above 23865-23920 for a smooth ride upwards, else could see downward continuation in the afternoon. both are at vwap now
12:11 Rajiv Ohri : yes shai
12:12 Muralidhar : @Shai can we call this a FA at 11990….
12:13 Rajiv Ohri : 15K at the bottom Stuck?
12:13 Shai : FA has to go to new day lows
12:13 Muralidhar : Thanks
12:14 Uttam : plus has stayed above IBH for more than 30mins so no FA today
12:14 Shai : this has gone to a P
12:14 Shai : eyesd at 11940 only on the stem
12:14 Shai : if that breaks we get 11910 quick with sl abv 11956
12:14 Muralidhar : Thnks UG… this is a new learning…
12:15 Naren : +1
12:23 Shai : short NF below 11936 sl of 11956 tgt 11909
12:31 Sumeet : moratorium hearing delayed to 2 pm apparently
12:37 Rajesh G : short in
12:42 Shai : exit the NF short at cnear cost here 11938
12:42 Shai : no clear message here
12:44 Shai : NF is weak below 11957 now
12:44 Shai : but no mometum in tape
12:44 Uttam : could form a bell from the ‘p’ profile now
12:47 Naren : 24K put from 525 to 600
12:49 Uttam : congo N
12:49 Shai : slipped after the exit
12:49 Ankush Jain : chrts stuck again
12:50 Shai : have to be careful here
12:50 Shai : Anything below 11908 will pull 11858
12:51 Naren : Thanks Uttam. Orderflow is magic.
13:06 Prashant : test
13:14 Naren : IB in both NFT and BN, BN back in y.days range
13:21 Shai : plans a sray at vwap/ dpoc
13:33 MJ : two lost fish swimming in a fishbowl – Now playing, Pink Floyd.
13:34 MJ : nf bnf waiting for 2 pm trigger?
13:35 Gopi : probably sc wil postpone case, still 10 cases to hear on moratorim
13:42 K2dt : today is like who will blink first…bulls or bears 🙂
13:42 Sanjib : chart stuck
13:46 Naren : just 390 point range in BN future so far
13:47 Naren : It should be either normal or a NueX day
13:48 Uttam : NeuX would be nice
13:49 Ankush Jain : room chrts stuck?
13:49 Uttam : failed to tag the 1.5 IB objective inspite of stayiing above IBH for a long time
13:50 Sumeet : sc postpones to tomorrow 10 am
13:50 Sumeet : 10:30 am
13:51 K2dt : they also know today is a balance in the mkts :p
13:51 Sumeet : :))
13:53 Shai : charts are fine – (13:49) Ankush Jain: room chrts stuck?
13:53 Ankush Jain : fine now
13:53 Shai : saga of the SC continues
13:54 Ankush Jain : Maybe someone can profile SC and see it it is NeuX or NVD
13:54 Ankush Jain : 🙂
13:55 Sanjib : charts stuck
14:06 Naren : K period to start in 7 mins
14:10 KK : what can RIL do if crosses 2275 ?
14:14 Sanjib : @Shai – charts are stuck again
14:19 MJ : 27k bnf
14:19 MJ : hoisting?
14:21 Uttam : 15k red stuck in the 13:45 bar hitting SL looks like in BNF
14:29 Naren : RS IS in BN and IB IS in NFT
14:32 Shai : still there – (13:21) Shai : plans a sray at vwap/ dpoc
14:33 Shai : inside day in NF
14:33 Rahul : doji and IB
14:34 Ankush Jain : forming a perfect bell
14:38 MJ : @Rahul IB on daily?
14:45 Rahul : Inside Bar @MJ
14:49 MJ : okay.
14:51 Rajiv Ohri : Shai giving us a 3 PM Spike?
14:52 Rajiv Ohri : or at least close towards the highs
14:54 Rajesh G : test
14:57 Shai : one trip to 11985 can come
15:07 Uttam : balance pe balance in NF 😉
15:07 Uttam : inside range plus inside value pluys overlapping POC
15:08 Uttam : 11950 combo from 204 yesterday now down to 160
15:08 MJ : Exactly UG.
15:08 MJ : second half of what I told happened. 🙂
15:09 Uttam : setting up for a nice weekly expiry looks like
15:09 Shai : we shpuld have 1 way move tom
15:10 Uttam : super Shai 🙂
15:10 Naren : +1
15:10 Rajesh G : which side high probability?
15:10 Shai : biased up abv 11900
15:10 Rajiv Ohri : Shai with 11940 as the pivot?
15:10 Shai : but buyers messed it at 11 today
15:11 Shai : expecting one test abv 12011 sl of 11870
15:11 Bhuvan : can we carry overnight out shorts shai ?
15:11 Bhuvan : put
15:12 Shai : take a spread
15:12 Shai : put shorts are always more risky than call shorts
15:12 Bhuvan : ok shai …thanks
15:13 Naren : hi
15:15 Naren : charts are stuck Shai
15:15 Naren : mind is not working without the 05 mins OF charts now
15:17 Naren : Today is the first time I am seeing some clarity with OF fell in love forever::)
15:18 MJ : Great comments too Naren.
15:18 MJ : Keep em coming.
15:18 MJ : Cheers.
15:19 MJ : OTM ce/pe oi shred in nf.
15:19 Shai : charts are fine no?
15:19 Naren : yes
15:19 Rajiv Ohri : y
15:28 Gopi : gap down?
15:28 Shai : balanced
15:29 Shai : bye all
15:29 Shai : have a nice evening
15:29 Uttam : close at dpoc
15:29 Arcchit Agarwal : bbye all.. have a great day ahead
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Naren : By All. Have a great evening!