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
08:54 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/587927709
08:55 Vtrender Live : 5 min BNF charts , password = vtrender – https://zoom.us/j/8647757494?pwd=UVNpR3ZvcnVyUmhEZDhJUVlYNVlkdz09
08:56 Vtrender Live : 5 min NF charts – https://join.me/352-526-908
08:56 Chandrashekhar : GM all
08:58 Giridhar Gowravajhal : GM all
08:59 Bhupinder : Good Morning all
08:59 Avinash : GM Everyone
09:00 Ashok82 : GM all
09:05 Shai : GM all
09:05 Shashidhar : Good Morning All
09:05 Shai : A gap up pushes the market up today at the pull back highs of 10036 and a move to 10100 again
09:06 Shai : ref line for the open would be set at 10006 and any close abv 10006 is bullish
09:06 Shai : there is lost opportunity and lots of stuck sellers at 9745 from yesterday, so their reaction at the open sets the pace for the day
09:07 Shai : we respond post opening few minutes
09:10 Tejpreet : GM All
09:10 Uttam : Good Morning All 🙂
09:10 Vishnu : gm all
09:11 Chintan : Gm all
09:11 Himanshu : GM all
09:11 SagarK : GM all
09:12 Ashok null : GM all
09:12 Manikandan : GM All
09:12 Ankur : GM
09:12 Ankit Maheshwari : Charts stuck? Time doesn’t seem to be moving
09:12 Uttam : market yet to open 🙂
09:13 Ankit Maheshwari : Was issue on my side, re-login
09:13 Sachith : Good morning all… happy trading
09:14 Tina : 9900 CE + LOVE
09:15 Tina : 183 2 hits 40 max
09:15 Tina : 240
09:17 Uttam : congo Tina
09:19 Ankit Maheshwari : Is 10036 defending his position?
09:20 MJ : Overnight ces out.
09:21 MJ : Had mentioned about OTM ce shred over here.
09:21 MJ : Congrats Tina.
09:21 Shai : 9980 supp
09:22 Rajesh : first 5 min cot should be ignored?it is -2lakh cot in nifty?
09:22 MJ : 15:18 MJ : 9900 10k ce oi drops anyone checking? 15:18 MJ : both shredded quite a bit.
09:23 Shai : +1
09:23 Shai : yes we ignore first 5 mins
09:24 Praveen : day low might break
09:24 Praveen : ?
09:26 Shai : OAOR developing
09:26 Shai : 9980- 10070 range for IB
09:28 Chandu : shai OAOR mens sideways day ?
09:29 Shai : Intra – Buy NF 9988 sl of 9966 tgt 10036
09:30 Tina : 10114 possible nf
09:31 KK : +1 Shai
09:32 Shai : Guys got in?
09:32 Uttam : 1L COT
09:32 Ankit Maheshwari : Yes
09:32 KK : yes
09:32 Prateeek : yes chief
09:32 Ankur : Yep 🙂
09:32 Rajesh : yes
09:34 Shashidhar : Yes
09:34 Avinash : y
09:35 Shai : sideways open – (09:28) Chandu : shai OAOR mens sideways day ?
09:37 KK : bnf is also on
09:38 Shai : 10012 bookk half and sl to cost on rest
09:38 Boppanna : +1 Shai
09:39 KK : +1
09:39 Shai : hint was here – (09:21) Shai : 9980 supp
09:40 Shai : we add abv 10019 for 10070
09:41 Shai : BNF is not bullish yet
09:41 Shai : though NF looks locked
09:42 Shai : BNF could not take out 20760 at the open despite the gap up
09:42 Boppanna : Shai can we pls zoom in a bit in the 30min room charts
09:45 Shai : 9964 sl again in NF tgt 10018/ 10036
09:48 Shai : if B breaks 9964 we look at this auction a bit differently
09:48 Shai : till then maintain what is being said on commentary
09:48 Chintan : +1 shai
09:49 Shashidhar : +1
09:50 KK : isnt BNF taking sipport here at yesterday’s drive IBH , will it go into yesterday’s range ?
09:50 Chandu : shai hw tat 9964 ref come.., is it spike high 12th june
09:52 Tejpreet : Shai swing wise SL for long remains 9840 ?
09:54 Shai : yes OF from that day- (09:50) Chandu : shai hw tat 9964 ref come.., is it spike high 12th june
09:54 Shai : 9745- (09:52) Tejpreet : Shai swing wise SL for long remains 9840 ?
09:58 Ankit Maheshwari : Decent supply around 20400 range in BNF it seems
09:58 Ankit Maheshwari : *Demand
09:59 Tejpreet : tks chief
09:59 Vishnu : gotomeeting working
09:59 Vishnu : ?
10:02 MJ : 42k reds nf lows.
10:02 KK : Lets go to VWAP now 9964 holding
10:04 Ashok null : SL in longs?
10:04 Shai : close out longs
10:04 Shai : we wait now
10:06 Shai : That last IS brings change
10:07 Nagaraj : 10K PE 99 to 116 all out
10:07 Shai : +1
10:08 Tejpreet : Congrats to all the morning greens
10:08 Nagaraj : Thanks Shai, you pointing out 9964 test helped out
10:08 Seshadri : B bar below A bar is hsowing lack of buying strenght
10:11 Shai : Intra – Buy NF again 9982 sl of 9962 tgt 10010/ 10036
10:14 Shai : move sl down to 9957 on this 1
10:15 Shai : lastr chance here for the bull to respond
10:16 Tejpreet : Uttam planning C extensian and FA 🙂
10:17 Shai : BNF won’t allow an FA today
10:17 Shai : is very weak\
10:18 Naresh Dubbudu : SC verdicts hanging on head could be the reason.
10:18 Shai : hmm
10:19 Srinath Vasudevan : 9962 sl got trigerred again.can we still reenter. it touched and came back?
10:19 JayJ : sl was 57
10:20 Shai : NF at 9982 – make an exit here at cost
10:22 Santosh : shai nifty now below your initial support of 9980
10:22 Santosh : can it test 9935?
10:22 Shai : yes hence exited
10:22 Santosh : ok
10:23 Shai : 9946 can test
10:23 Santosh : thanks
10:24 Abhishek : can today be reverse of yday/
10:25 Shai : something is not right in BNF today for longs
10:25 Shai : stay guarded
10:26 Seshadri : shai any levels on dwonside for bank nifty
10:28 Santosh : BNF weak inspite of trifecta morning
10:30 Santosh : Failed C in BNF?
10:35 Shashidhar : IB at VWAP
10:37 Shai : 20 point lift off as soom as 9980 was taken bacj again
10:38 Seshadri : C bar didnt go below B bar which supoorted nifty upmove
10:39 Santosh : shai i went long BNF at 20410 what should be my SL?
10:40 Santosh : as we are back into IB is it a good idea to stay in longs here?
10:41 KK : NF accepting above VWAP ?
10:41 Seshadri : BNF is weak
10:42 Seshadri : BNF Vwap is 20456
10:43 Santosh : thanks sheshadri, so we go long only if above vwap is it?
10:43 Seshadri : yes
10:43 Santosh : i’m new here so trying to understand
10:43 Uttam : both playing the C side
10:44 Uttam : VWAP is here
10:44 Uttam : with good greens
10:44 K2dt : UG poor low in both?
10:44 Uttam : BNF no poor lows
10:44 Rajesh G : same querry?
10:44 Uttam : NF has
10:44 Prajwal S : its a tricky zone yesterdays si gles vwap and end of c period
10:44 K2dt : +1
10:44 Uttam : and probable FA in both
10:46 K2dt : +1
10:46 Vishnu : nf future not broken ibl. its spot ug?
10:46 Uttam : @Shai what is the new arrow symbols on the 30min OF charts?
10:47 Prajwal S : 20280 might be support??
10:47 Shai : C lows- (10:39) Santosh : shai i went long BNF at 20410 what should be my SL?
10:47 Shai : C lows tgt vwap, abv vwap tgt is IBH
10:47 Uttam : boom boom coming?
10:47 Boppanna : Lets go Uttam
10:48 Santosh : thanks shai 🙂
10:49 Boppanna : bots maybe looking for levels so pls to the needful Uttam A high to begin with?
10:51 Shai : Buy 10100 ce at 61- 62 sl of 47 tgt 77/ 83
10:51 Uttam : BNF to take the lead?
10:51 Uttam : 51k green at top
10:51 Shai : my third long of the day, let’s see if this gets me the honey
10:51 Chandrashekhar : 52 K greens at top in BNF…looks short SL, right Shai?
10:52 Shai : yes
10:52 Shai : RS and RB are old buisness
10:53 KK : come on BNF
10:55 MJ : 10100 again cheif?
10:56 Santosh : 91k COT in BNF
10:56 Santosh : is that big?
10:59 Shashidhar : 50-60k is significant for BNF
11:00 Shashidhar : as told in the chat recently
11:00 Santosh : i joined friday so not aware of this
11:00 Santosh : thanks for info
11:00 Shai : BNF back with big COT
11:00 Shai : shoukld challenge 20760 F now
11:01 Tejpreet : Uttam time to get your FA atr numbers ready 🙂
11:01 Shai : NF and BNF both more stable today abv 10025 and 20540
11:01 Shai : for longs
11:01 Shashidhar : ok
11:02 Santosh : TSL for longs?
11:02 Shai : 9964
11:06 Avinash : UG is the 7 day composite still a valid ref
11:08 Tejpreet : BOJ press conference at 12.30 let’s see if yhet can do a FED kind of move.
11:09 Uttam : @Avinash – check this link https://mplite.vtrender.com/?symbol=BANKNIFTY_E25-06-2020&tf=daily&tpo=24&ll=&ul=&sp=1&startDate=01-06-2020&endDate=15-06-2020&nDays=11&idstr=.4_0.4_1&dstr=_2.3._2.2._2&rst=0&iam=
11:09 Uttam : we have a new 2day composite which is the reference now
11:10 Avinash : Ok Thanks
11:12 Ashok null : exit longs chief?
11:12 Uttam : IB range in NF same as yesterday – 84 points
11:12 Shashidhar : 47 is the SL?
11:13 Shashidhar : sorry 47 is SL for 10100 CE
11:15 Ankit Maheshwari : for long atleast 9964 + filter should be SL as per me
11:16 Sanjib : typical OAOR day in NF
11:17 MJ : Save emotional capital kinda day.
11:19 Uttam : lets get that FA confirmed now
11:20 MJ : You are taking poor low as probable FA in nf?
11:22 Santosh : POC of that 91k is in the tail of the candle does that have any significance?
11:22 Santosh : BNF
11:23 MJ : @yes Santosh bnf c lows. NF BC lows.
11:23 MJ : Ug mentions probable FA in both. Hence checking.
11:24 Boppanna : @Santosh Shai’s 11:01 comments
11:24 Abhishek : a very lazy day uptil now….
11:25 Uttam : that is how an OAOR stays for the first part of the day
11:25 Uttam : but can expect a nice move in the second part
11:29 Uttam : reds in BNF
11:29 Uttam : 20k at 20400
11:29 Uttam : IS forming
11:32 Shai : 10100 ce stopped . Make exits
11:33 Uttam : 1L red at lows in NF
11:34 Swapnil : Just moving like US futures :/
11:37 Chandu : shai do v consider tat 1L seller at 9951 as big seller fr d day bcz it came with IS
11:37 Shai : yes\
11:38 Shai : this is a change
11:38 Boppanna : Shai buyers giving up
11:38 Shai : so exit long
11:38 Vasant : uttam first part of day till what time approximate?
11:38 Vasant : 12.00?
11:38 Chandu : so with 9980 as SL short trade is on , am i right?
11:39 Uttam : we got a RE here in E Vasant
11:39 Uttam : so already set up in play
11:39 Vasant : yes
11:39 Uttam : 9918 is 1.5 IB’
11:39 Uttam : 9936 is weekly VAL
11:40 Vasant : so wait till E tpo closes or can enter at breakout?
11:40 Uttam : short was below 9960
11:40 Uttam : SL VWAP plus filter
11:41 Uttam : 2IB 9876
11:41 Uttam : RE set up rules
11:41 Uttam : part book here at 9936 & trail rest to cost
11:42 Ketan : +1 uttam
11:44 Shai : +1
11:44 Tejpreet : +1 Uttam
11:45 Aman : how much should be the filter?
11:46 Seshadri : dpoc moved lower from 10012 to 9980
11:48 Tejpreet : Shai +1 for your 10.17 comment
11:49 Uttam : 20233 was 1.5 IB in BNF
11:50 Uttam : so both missing is by a narrow margin
11:50 Chandu : 9930 is VAL of weekly profile..
11:50 Uttam : 9936
11:51 Himanshu : UG – Can we go 80 % in Yday profile in BNF
11:51 Uttam : lows for the day done?
11:51 Ankit Maheshwari : Looks like
11:52 Govind : should depend on the mother ship Uttam 🙂
11:52 Chandu : uttam can v ride tis fall with d these big seller at 9951
11:52 Ketan : ha ha ha good one gov
11:53 Chandu : is ter any reason fr saying day low is done?
11:53 Uttam : unable to tag 1.5 IB for the day inspite of the big reds
11:54 Boppanna : @Chandu Uttam’s comments
11:54 Uttam : also we opened with a gap up so that retracement is done looks like
11:54 Uttam : gap adjustment
11:54 Govind : BNF lows here are same as March 18 lows, in spot Uttam
11:58 Abhishek : low on 18th mar was 20267
11:58 Abhishek : u r right
11:58 MJ : IBL gatepass or no?
11:58 Dhananjayan : NIFTY Jun 10k call had some huge buy order
11:58 Dhananjayan : around 25k qty
11:58 Dhananjayan : @170
12:05 Uttam : getting rejected at IBL for now
12:05 Uttam : both
12:06 Sanjib : reds piling on now
12:08 Uttam : new lows here
12:08 Suresh : M2M is green now after couple of SL in morning
12:08 Uttam : congo Suresh
12:08 Suresh : Thanks
12:09 Uttam : 1.5 IB doen in both now
12:10 VijayT : Reports of explosion sound heard near korea Border.
12:13 Shai : still can do 9890 and close the gap
12:13 Uttam : 9905 PDH
12:13 Shai : After*
12:14 Suresh : IS with blue cot
12:15 Chandu : uttam tat seller game is ON am i right?
12:15 Uttam : 2ib was 9876 low made so far 9886
12:16 Suresh : will bounce from this level due to positive COT
12:17 Chandrashekhar : RIL has gone negative
12:19 Shai : 1L seller has got 50 points
12:19 Shai : Go short again below 9890 for 9843/ 9803
12:19 Uttam : below 20140 BNF can start new leg down
12:24 Uttam : can go for that POC od 19820
12:24 Shai : Sl 9940 on day though 9954 is the better 1
12:25 Uttam : NF alsmot tags 2 IB
12:25 Uttam : BNF at 20099
12:25 Swapnil : “3 rockets landed near Baghdad airport”
12:26 Shai : yes news based volumes this
12:26 Abhishek : some news on north korea as well
12:27 Naresh Dubbudu : But how are these global news not affecting dow?
12:27 KK : rocket news was yesterday..no loss ?
12:27 KK : are there another 3 ?
12:28 Abhishek : dow f is dn 250 from highs
12:28 Ankit Maheshwari : “N.Korea appears to have demolished inter-korean liaison office -yonhap citing s.Korea military source”
12:29 Naresh Dubbudu : FII selling intertia. More than anything else. They sold at lower levels yesterday. They got good gap up. Hence selling continues.. DIIs bought in 2nd half yesterday. Lets see what they will do today.
12:32 KK : So back to 9900
12:32 KK : Shai, it is not extending below 9890, what would that mean >
12:33 Uttam : 20100 low so far – (12:25) Uttam : BNF at 20099
12:33 Uttam : je baat
12:34 Shai : book here shorts 9874-75
12:38 Shai : Bulls not safe still
12:38 Shai : All this COT is nervous
12:39 KK : Aur Abh
12:39 Shai : H to watch at 9870
12:40 Shai : Abv 9910 we get a quick 30 to 9940
12:41 KK : aane do
12:43 KK : 9910 quite a hurdle
12:45 Swapnil : There should be a clamor for band karo dow futures
12:46 Uttam : H not making new lows wqill be a dign
12:46 Uttam : sign*
12:46 KK : gaye wapas..Dow Ji
12:48 Uttam : 9820 & 19820 coming?
12:49 Ashok null : is that a hint UG
09:07 Shai : (09:05) Shai : A gap up pushes the market up today at the pull back highs of 10036 and a move to 10100 again(09:06) Shai : ref line for the open would be set at 10006 and any close abv 10006 is bullish(09:06) Shai : there is lost opportunity and lots of stuck sellers at 9745 from yesterday, so their reaction at the open sets the pace for the day(09:07) Shai : we respond post opening few minutes
09:09 Uttam : a) NF needs to sustain above 9844 for a rise to 9872 / 9905 / 9964-97* & 10016-32
09:09 Uttam : c) Above 10032, NF can probe higher to 10080-110* / 10128-144 / 10188 & 10220-256
09:10 Uttam : a) BNF needs to sustain above 19944 for a rise to 20028-52 / 20140-233 / 20365-430 / 20521-556 / 20640-685 & 20730
14:15 Uttam : b) The auction below 9800 can test lower levels of 9750 / 9712 / 9685-59 & 9621-00
14:15 Uttam : b) Staying below 19900, the auction could test 19820 / 19704-680 / 19555-450 / 19344-267 / 19186 & 19099-85