A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous information. You see current information through an Order Flow chart.
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down.
NF
BNF
Room Chat
09:29 Shai : (09:29) Shai : Intra – short NF 11374- 76 sl of 11406 tgt 11330
10:16 Shai : (10:15) Shai : Nf stopped. Make exits
11:31 Shai : (11:31) Shai : Intra – Buy 11400 ce at 74 sl of 62 tgt 89.
11:43 Shai : make exits in the 11400 ce at 76-77
12:56 Shai : (12:56) Shai : Intra – Buy BNf 28410 sl of 28310 tgt 28540
13:19 Shai : (13:19) Shai : Book the BNF at 28415 cmp
13:56 Shai : (13:56) Shai : Intra – Buy BNF again 28525- 40 sl of 28420 tgt 28680
14:11 Shai : (14:11) Shai : Update – Move the SL up tpo 28484 and hold . cmp 28555
14:13 Shai : (14:13) Shai : BNF 28610. Book full
08:57 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/114781237
09:00 Krishan : gm all
09:01 Shai : Gm all
09:02 Santhosh Kumar : the morning
09:02 Chandrashekhar : GM all
09:03 Shai : https://vtrender.com/market-profile-analysis-dated-14th-october/
09:06 Sabarish : GM
09:07 Uttam : Good Morning All 🙂
09:08 Manish : Good Morning
09:09 Vijay : Good Morning All
09:19 Nishchal : GM All
09:20 Rajesh null : good morning
09:25 Jitender : bnf brks o=l
09:27 Prakash : No charts
09:28 Bhavin : NO CHARTS
09:29 Uttam : back
09:29 Shai : Intra – short NF 11374- 76 sl of 11406 tgt 11330
09:31 Shai : No great volume at the open
09:32 Shai : 11360- 11380 test was expected at the open today
09:32 Uttam : yes Shai in fact the volums yesterday also was on the lower side
09:32 Shai : 11380 was the IS of yesterday
09:44 Shai : B begins
09:51 Shai : Typical OAIR
09:51 Shai : OTF is absent
09:51 Uttam : yes almost dead volumes
09:51 Shai : will have to trade the small points today
09:55 Uttam : 80k red in NF
09:55 Uttam : 35k in bnf
09:56 Uttam : 0s at 11385 & 28380
09:57 Shai : 11400 pe buy with sl of 72 tgt 100
10:04 Manish : NF still hold ?
10:05 Shai : yes
10:08 Govind : Shai, the 5 min chart has a huge lag compared to the MP charts today, just an fyi
10:08 Uttam : refresf as done
10:08 Shai : was just a refresh done
10:08 Uttam : refresh was done
10:08 Uttam : +1
10:08 Shai : That tick DB was weird
10:08 Govind : great, thanks
10:08 Uttam : that 1.3L red staying
10:08 Govind : Yes, a freak high 11406
10:08 Uttam : 11413
10:09 Govind : yes UG
10:10 Shai : market not dropping in B is the worry for shorts here
10:10 Shai : watchinmg BNF 28492
10:11 Nidhi : Stops sa,e for yesterday’s carry forward too
10:11 Nidhi : (09:57) Shai : 11400 pe buy with sl of 72 tgt 100
10:11 Shai : hold 72
10:14 Nidhi : Thanks
10:15 Shai : Nf stopped. Make exits
10:16 Shai : exit the PE for now also
10:24 Shai : Not wanting to go up
10:24 Shai : But shorts have to break 11380 F again
10:25 Shai : 11414 print is the new SL
10:25 Uttam : probable FA in Spot at top
10:25 Uttam : 11400
10:28 Uttam : Spot needs to get below 11360 & then 11342 for more downside
10:29 Uttam : NF taking sup at prev week high of 11385
10:46 Uttam : that 11400pe bulding volumes here
10:46 Uttam : around 80 levels
10:49 Manish : Uttam how to interpret if its buy or sell vol?
10:50 Azmath : OAIR, low vols, D or E sustain above 11403, new high, or go back to 11372. right Uttam
10:51 Uttam : yes Azmath. volumes have been very low today
10:51 Uttam : but supply there above 11400
10:52 Azmath : yes 413-430 supply zone for now
10:52 Uttam : all those sellers could be forced to exit in a spike if vwap not broken fast
10:52 Azmath : yesterday late sellers sitting there
10:53 Uttam : however spot needs to sustain above 11400 & get above 11420
10:53 Uttam : hvn in 11400ce around the 67 zone
10:53 Azmath : 372 monthly vwap Ns, currently sustaining above it thou
10:54 Uttam : one of the Ce or PE could give a good move away
10:54 Azmath : Uttam, options time value will not affect the values? just asking
10:59 Uttam : (10:52) Uttam : all those sellers could be forced to exit in a spike if vwap not broken fast
10:59 Uttam : 55k red in BNF
10:59 Prakash : very wierd move
10:59 Uttam : 70k in NF
10:59 Uttam : reds piling here
11:00 Uttam : but auction moving up
11:00 Shai : clrealy an underlying oull up in the NF and BNF today
11:00 Shai : (10:24) Shai : But shorts have to break 11380 F again
11:00 Shai : need more info to short here or just avoid
11:00 Shai : 11420 spot ref
11:06 Uttam : now we have a probable FA in NF & BNF too
11:06 Uttam : plus in spot also in both
11:23 Shai : 71- 71 in 11400 ce pe
11:24 Shai : spot near 11400
11:25 Shai : outside chance of doing 11475F later noon if 11380 holds on SC
11:25 Shai : for the moment bearish view is out as 11380 FR was retaken today at open in B
11:25 Uttam : spot also not getting acceptedc above 11400
11:25 Uttam : now*
11:25 Shai : will buy puts if 11380 F breaks again
11:25 Uttam : now gtting accepted above 11400 negating the chance of a FA
11:31 Shai : Intra – Buy 11400 ce at 74 sl of 62 tgt 89.
11:32 Shai : headed for a look above yesterday supply to see how sellers respond
11:32 Shai : This is a market now advertsising for any sellers
11:39 Shai : E is HH also now
11:40 Azmath : slow motion trend day up till now
11:41 Shai : yes
11:41 Shai : but bulls have to stay cautious
11:42 Nidhi : 420 is still a strong wall
11:42 Shai : yes 11430F
11:42 Jitender : it just stalled ay highs
11:42 Shai : 108K RS was there
11:42 Jitender : only locals
11:43 Jitender : k (11:42) Shai : 108K RS was there
11:43 Shai : make exits in the 11400 ce at 76-77
11:43 Jitender : bnf has 10k grren stuck
11:44 Shai : change of view- let’s stay out
11:44 Shai : watch the battle from far
11:45 Uttam : morning shorts are being forced out in both looks like
11:45 Uttam : 57k green in NF also at 11425
11:51 Jitender : brk 440-400 bnf…greens will get butchered
12:00 Sabarish : charts ot visible
12:00 Santhosh Kumar : chat pls
12:03 Shai : The market is flipping here
12:03 Shai : 11400 ce getting new shorts
12:03 Shai : and longs coming in 11400 pe
12:03 Shai : early days
12:04 Shai : BNF about to go to 28340
12:11 Shai : 3 mins wants to print a HH
12:15 Shai : freaking machines 🙂
12:15 Shai : so tough to fight them
12:17 Jitender : 🙂
12:17 Azmath : New high on screen 10:50 Azmath : OAIR, low vols, D or E sustain above 11403, new high, or go back to 11372. r
12:18 Shai : +1
12:22 Manish : what could be stop for the shorts here now ?
12:23 Shai : 11441 for G
12:25 Jitender : vix inchn up
12:27 Jitender : wen the beast wich does 950 bps ATR , is menadering around 250 bps…everybody is nt sure of their position
12:27 Jitender : fr a change the caution decreasn vols
12:30 Jitender : everyone on cartoon channel & on absurd channel is long
12:31 Jitender : or advocatn longs
12:37 Jitender : sum bang fr the buck (12:25) Jitender : vix inchn up
12:39 Jitender : wakaoooooo
12:39 Jitender : finally DT
12:40 Jitender : Chief…we need to build an algo fr this 100% workn quant (12:30) Jitender : everyone on cartoon channel & on absurd channel is long
12:40 Manish : haha
12:40 Jitender : 🙂
12:41 Jitender : sl hunted (11:51) Jitender : brk 440-400 bnf…greens will get butchered
12:43 Nikhil : Shai : BNF about to go to 28340 +1
12:52 Dr Prajwal null : trying to give a neutral profile??
12:56 Shai : Intra – Buy BNf 28410 sl of 28310 tgt 28540
12:59 Mudita : reason? (12:56) Shai : Intra – Buy BNf 28410 sl of 28310 tgt 28540
13:00 Uttam : reds getting stuck in that dip below VWAP
13:00 Shai : was looking for a test lower to 28340 and RB
13:00 Mudita : ok
13:00 Mudita : thnx
13:01 Uttam : 38k red in BNF at 28328
13:05 Shai : second test of 28400
13:05 Shai : shoould run back to 28500 in this leg
13:19 Shai : Book the BNF at 28415 cmp
13:20 Shai : too much time at 28400
13:25 Uttam : BNF setting up for an explosive expiry Shai? such a nice bell and inside bar today so far
13:25 Uttam : NF also
13:36 Shai : yes could
13:36 Shai : Nf is not making up it’s mind here
13:37 Shai : either throw the bears off or run with them
13:37 Shai : decide
13:42 Uttam : boom
13:42 Shai : cleaned
13:43 Uttam : huge vols in this 5min bar
13:43 Uttam : 0s from 11420 to 11435
13:43 Uttam : 1.9L red at 11438
13:44 Govind : Guerilla!!
13:44 Shai : has legs for 11475
13:45 Uttam : BN for 28700?
13:45 Manish : looking at reds, can we say someone selling on every rise or is it earlier longs being covered ?
13:47 Shai : sl orders
13:49 Manish : sir how to distinguish btw sl orders or fresh initiation ?
13:49 Shai : 0’s
13:49 Manish : oh ok. thanks
13:49 Shai : 11426 new supp
13:56 Shai : Intra – Buy BNF again 28525- 40 sl of 28420 tgt 28680
14:10 Uttam : K period needs to give an ext handle
14:11 Shai : Update – Move the SL up tpo 28484 and hold . cmp 28555
14:11 Uttam : @Shai the TPO letters I & J look so similar in the MP charts, any chance they can be differentiated?
14:12 Uttam : or is it that MP chart is stopped?
14:12 Shai : chart fine
14:13 Uttam : thanks Shai
14:13 Uttam : so K giving an ext handle?
14:13 Uttam : 1 more min
14:13 Shai : It’s default setting
14:13 Shai : BNF 28610. Book full
14:17 Shai : almost there – (13:44) Shai : has legs for 11475 (13:49) Shai : 11426 new supp
14:17 Uttam : +1
14:17 Uttam : (13:45) Uttam : BN for 28700?
14:17 Uttam : 28700 here
14:17 Uttam : 28400ce from 375 to 429
14:18 Uttam : 28703 high so far BNF
14:18 Jitender : china confirms ph 1 deal
14:19 Uttam : boom boom
14:19 Uttam : (14:10) Uttam : K period needs to give an ext handle
14:20 Shai : 28650 new buying BNF
14:21 Uttam : 2 IB done in both
14:21 Uttam : NF just missed by 3 points though
14:22 Shai : 28480 sl for 28780
14:23 Shai : 28650 aggresive sl – (14:20) Shai : 28650 new buying BNF
14:24 Uttam : 28805 can come in BNF today
14:24 Uttam : NF above 11480 can go for 11550 this week
14:25 Uttam : BNf needs to sustain above 28705
14:27 Uttam : one more hour to go 🙂
14:30 Nidhi : 28780 done
14:30 Uttam : 28775 hgih 🙂 +100 Shai (14:22) Shai : 28480 sl for 28780
14:30 Nidhi : +1 Shai
14:35 MJ : 22k reds bnf gives 83 🙂
14:40 Jitender : 735-625 bnf done
14:40 Jitender : still in bracket
14:41 Uttam : 39k red at lows gave the entire 400 point upmove 🙂 (14:35) MJ : 22k reds bnf gives 83 🙂
14:41 Jitender : 🙂
14:42 Uttam : (13:01) Uttam : 38k red in BNF at 28328
14:48 Shai : 11473.45 today – (11:25) Shai : outside chance of doing 11475F later noon if 11380 holds on SC(11:25) Shai : for the moment bearish view is out as 11380 FR was retaken today at open in B
14:48 Shai : was not convincing for longs personallt till the 0’s made thaings clear at 11426
14:49 Shai : a trip down to 11380 is still there for tom
14:49 MJ : Uttam bhai, I was in that move 🙂
14:49 Shai : 11380F
14:49 Jitender : ys..didnt touch 426 after tat
14:50 Shai : yes
14:50 Shai : will think short bnelow 11426 F tom
14:50 Shai : for now let;’s seee what these buyers do
14:50 Shai : will watch 11489 on upsides
14:51 Jitender : 690,723 were prev highs & 790 yday freak high
14:51 Jitender : (14:40) Jitender : 735-625 bnf done(14:40) Jitender : still in bracket
14:51 Shai : still feel friday we settle at 11380
14:51 Jitender : +100
14:51 Shai : thursday at 11380 **
14:51 Jitender : 350-400 spot….unless we run away 2mrw
14:51 Shai : for settle?
14:52 Jitender : yup….
14:52 Shai : yes I’m with that
14:52 Shai : does not look like will run away
14:52 Shai : 28780 was expected and shows a tail
14:52 Jitender : +1
14:53 Jitender : 2day’s hi+filter good ref fr positional bout longs
14:54 Shai : wed highs at 28800 have the sellers
14:54 Shai : spot*
15:00 Shai : 11400 pe lottery trade for tom- sl 18 expecting 70 plus
15:02 Shai : 76-50 now in 4 hours – (11:23) Shai : 71- 71 in 11400 ce pe
15:10 Jitender : 28.6 has buyers
15:22 Uttam : dPOC shifting to 11440 in NF
15:23 Uttam : BNF also has good vols here at 28620, dPOC could shift here by close
15:25 Shai : againm holding 11432
15:25 Shai : just the 0’s for intra
15:26 Shai : dpoc now shifts there\
15:29 Uttam : BNF also trying its best to get the dpoc at 28620
15:29 Uttam : thanks All 🙂 have a lovely evening
15:29 Shai : Bye all
15:29 Shai : Have a good evening