Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade.
The way we see it is that Order Flow trading is a mindset. Well, instead of just looking for technical patterns, Trader should go a step further and think about what other market participants might do.
NF
BNF
Room Chat
08:50 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/538740573
08:52 Vtrender Live : 5 min NF charts – https://join.me/489-813-900
08:53 Vtrender Live : 5 min BNF charts – https://zoom.us/j/8647754688?pwd=Z3NYU0tja0J3SE4zVkIydGdQY2FEZz09
08:53 Chandrashekhar : GM all
08:57 Raveendra : gm all
09:00 Vinod Chouhan : Good Morning All
09:01 Shai : GM all
09:02 Shai : 12860 ref line for the open today
09:02 Ankush Jain : GM
09:02 Ankush Jain : some issues with vtrender.com?
09:03 Rusi : Gm all
09:03 Shai : some hosting side issues with the site. we are working on it to get it back up asap
09:04 Shai : 12788 supp for day
09:04 Shai : 12930- 12960 zone o watch for supply
09:04 Shai : BNF 29330 to watch on upsides today
09:05 Shai : supp at 288890
09:05 Kailash : GM ALL
09:05 Uttam : Good Morning All 🙂
09:05 Favas : gm all
09:10 Rusi : whatis the VAH and VAL for BN ?
09:12 Uttam : 28810-28992
09:12 Rusi : ok tnx
09:12 Uttam : given in the box on left also Rusi
09:12 Rusi : yeah. got it
09:13 Uttam : 🙂 +1
09:16 Uttam : BNF good vols
09:16 Uttam : 29400 is the 1atr from yesterday’s FA
09:17 Uttam : got to sustain above 29285 for a probe there
09:18 Uma : Hi Uttam. sorry if it is a naive question. FA is follow through?
09:19 Uttam : FA is a Failed Auction Uma and an important concept in Market Profile\
09:20 Uma : k thx
09:21 Uttam : 29k ce from 465-510
09:21 Uttam : done
09:21 Uttam : 29400 coming looks like
09:21 Uttam : a) BNF needs to sustain above 29202 for a rise to 29285 / 29400 / 29643 / 29766 & 29890
09:21 Uttam : (09:16) Uttam : 29400 is the 1atr from yesterday’s FA(09:17) Uttam : got to sustain above 29285 for a probe there
09:22 Mohamed null : is it open test drive
09:24 Chandrashekhar : 3 bcak to back IB’s in NF
09:24 Uttam : BNF does look like it though ideal frive has more vols
09:24 Uttam : NF still OAIR
09:25 Uttam : BNF got rejected from NeuX low od 29091
09:35 MJ : VAL cometh?
09:35 MJ : nf?
09:36 Uttam : today NF playing with the MP chart in the room Shai, not updating
09:37 Uttam : thanks 🙂
09:38 Shai : 12860 to watch
09:38 Shai : eearly morning buyers have booked
09:42 Uttam : BNF taking sup above PDH
09:42 Uttam : NeuX HIGH
09:45 Ankush Jain : day’s High = PDH in NF
09:46 Uttam : yes which is why OAIR
09:48 Uttam : sellers unable to keep BNF below vwap
09:48 Shai : Buy NF abv 12883 sl of 12856 tgt 12923
09:49 Shai : holding welll- (09:38) Shai : 12860 to watch
09:50 Uttam : 29400 done in BNF
09:50 Chandrashekhar : too much reds in BNF
09:53 Rajiv Ohri : Shai MP not updating in NF
09:56 Himanshu : is updating ravi- slow so
09:58 MJ : blue band back.
09:58 MJ : green aja.
09:59 Uttam : (09:48) Uttam : sellers unable to keep BNF below vwap
09:59 Uttam : reds could be forced to cover in BNF
10:00 Uttam : 1252 green comes
10:00 MJ : 12850pe+12900 ce combo under 90
10:01 MJ : it’s getting worked on.
10:01 KK : is there end of auction 0s in BNF ?
10:01 Uttam : sorry this is red too – (10:00) Uttam : 1252 green comes
10:02 Viswas : nifty is too slow from opening? are they preparing for big move
10:03 Anuj null : any wednesday move expected
10:03 Shai : I gave you a traget of 70 at 122 sl of 135 in 12800 pe – 12900 ce yesterday
10:03 Shai : exact 70 now
10:03 Uttam : +100
10:04 Bhuvan : excellent shai , made good there
10:04 Uttam : congo B
10:04 Bhuvan : thanks uttam
10:06 KK : Is there a chance of breaking 12860 with 0s ?
10:09 MJ : +1 chief
10:10 MJ : chakki piecing going on.
10:10 Chandrashekhar : Shai’s 860 standing like a wall so far
10:10 MJ : was easier with monday being a holiday.
10:12 Chandrashekhar : action in C looks like
10:14 Viswas : gloabl mrkt also in a small range, all waiting for trump paaji
10:14 MJ : I am waiting for the band Paaji!
10:14 MJ : 🙂
10:14 Uttam : in a rare case, BNF has more vols in IB than NF
10:14 MJ : nf give us marching orders.
10:14 MJ : either side is cool.
10:15 Viswas : +1 Mj
10:15 Chandrashekhar : +1 MJ
10:18 Rusi : LLT sucked in 376 to buy
10:18 MJ : bnf a singles strong, nf not tested below 860
10:28 Chandrashekhar : looks like vol not that great to break 860 for now
10:33 Uttam : NF stuck between 12860-12890
10:33 Uttam : one side needs to give way with vols
10:34 Uttam : BNF 29425-29300 range for now
10:34 Chandrashekhar : +1 Uttam
10:34 Uttam : C not doing anything is a good sign for D to give a proper follow up
10:35 Chandrashekhar : 🙂
10:40 Uttam : getting ready for D?
10:40 MJ : BNF chala!
10:42 Viswas : finally green band in nifty 🙂 D ki bari
10:42 Sanjib : NF in?
10:43 Uttam : D starts…
10:45 Uttam : NF looking keen
10:45 Shai : yes- (10:42) Sanjib : NF in?
10:49 MJ : 942 contracts don’t panic okay?
10:49 Chandrashekhar : that 942 looks like short SL, right Uttam/Shai?
10:51 Uttam : yes C very much possible
10:52 MJ : He gets some heat, then dpoc coming again?
10:54 MJ : Done.
10:55 Himanshu : C –
10:56 MJ : Vwap– needs some more supply else rotation on.
10:56 Viswas : band overlap no trade here
10:56 MJ : +1 V
10:57 Viswas : still same range 860-890 ug?
10:59 Uttam : yes that 940 green at top rejected the move above 12890
11:00 Viswas : noted ug
11:00 Rajesh G : shai nf sl
11:00 Viswas : first IS at vwap
11:02 Sanjib : 12856 Rajesh
11:03 Uttam : (09:48) Shai : Buy NF abv 12883 sl of 12856 tgt 12923
11:03 Chandrashekhar : ab ki baar 860 ke paar?
11:04 Rahul : pe job done
11:05 Rahul : +1 C
11:05 Rahul : 850 pe above 54 is aewsome’
11:06 Rahul : will take long out
11:06 Rahul : doom
11:06 Uttam : BNF 29300 test coming
11:06 MJ : 942 god bless you !
11:06 Uttam : ‘p’ profile forming in BNF looks like
11:07 Rajiv Ohri : Out of NF?
11:07 Shai : NF exit
11:07 Rahul : shai ur view on oe writers
11:08 Shai : This the the wed pullback
11:08 Shai : watch BNF
11:10 Uttam : 29285 morning ref holding for now
11:10 Uttam : BNF
11:10 MJ : 942 looks like out at 12852?
11:10 KK : those reds in BNF stuck ?
11:11 Uttam : right at 29285
11:11 KK : 1363
11:11 Rahul : ug woh banda gaya
11:12 Viswas : both side retailers sl taken with 10pt move
11:13 Viswas : red band closed, only blue now
11:18 Uttam : NF on form 12830
11:18 Uttam : BNF 29285 holding else can get back into prev day range
11:19 MJ : That green stuck at 12890 zone totally flipped this auction
11:22 MJ : Small longs Invalidation is VAL + filter.
11:23 Viswas : 900pe 70 to 94. 🙂 no band here so booked
11:25 Uma : Hi Viswas, Can you give a gist of those three bands
11:27 MJ : https://vtrender.slack.com/archives/C0N9BFAF4/p1605245904003800
11:27 MJ : @Uma check this.
11:27 Uma : thx
11:28 MJ : ibl needs to give entry in nf.
11:29 Shai : NF can drop to 12805 sl abv 12867
11:29 Shai : can action on a red or blue band
11:30 Uttam : @Uma there was a video link I had sent last night which explains the bands – (11:25) Uma : Hi Viswas, Can you give a gist of those three bands
11:30 Uma : ohh sorry I missed I guess
11:30 Uttam : no issues, do go through that short video as Shai has explained these new features in a simple way
11:32 Uma : sure
11:32 Viswas : Mj whats filter means here?
11:35 MJ : VAL + filter as sl means 15-20 below that
11:35 MJ : NF I take 15-20 as a filter and bnf around 60-70 if entering F.
11:35 Shai : when NF and BNF were going down the NF and BNF went grey from blue
11:36 Shai : All people who shortted late are now on edge
11:36 Shai : was a foretll that imbalance was over
11:36 Shubham Q : day low breakout traders lol
11:37 Shai : 942 long player whacked the upper move
11:37 MJ : All SL to be designed to fit 1% risk management @Viswas
11:37 MJ : Yes chief.
11:37 Shai : thats elling at 860 is the last supply here
11:38 Viswas : noted Mj thanx for additions..
11:39 MJ : Today is a day of stuck guys in wrong place so far.
11:42 Viswas : Bnf glued at 9330-40.
11:42 MJ : VOS is like a slow mo movie.
11:42 MJ : hardly any velocity.
11:44 Shubham Q : might get vwap?
11:48 MJ : One big writer in 12850 around 57 bucks.
11:48 MJ : ce*
11:48 MJ : Watching him. What he does.
11:52 Shubham Q : OF on options?
11:52 Shai : 73 supp in 12900 pe here 78.5
11:53 Shai : 5 poinst of risk
11:53 Shai : tgt can be 109
11:56 Favas : screen slow?
11:56 Shai : They added reds
11:56 Uttam : right at 12860
11:58 Shai : BNF can do 29170
11:59 Bhuvan : shai what will be the new sl for 12800 and 12900
12:00 KK : mimic spx
12:02 Shai : trail pair at 76- (11:59) Bhuvan : shai what will be the new sl for 12800 and 12900
12:02 Shai : But watch for imbalance later
12:02 Shai : I’m expecting one sharp cut today for ineventory
12:04 Bhuvan : ok shai thanks
12:04 MJ : 12 pm expiry day
12:04 MJ : wed*
12:04 MJ : Shai seeing something in option chain?
12:05 Shai : sl at cost on 12900 pe
12:05 Shai : maintain sl at 29396- (11:58) Shai : BNF can do 29170
12:07 Shai : No I’m not watching that chain – (12:04) MJ : Shai seeing something in option chain?
12:07 Shai : It’s meaningless these days except may be thursday
12:08 MJ : Okay chief. Refering to your earlier wed afternoon alert. Thanks.
12:17 Shai : imbalance killed again
12:18 Shai : volume dropped from1500- 300 contracts
12:18 Shai : where is the volume?
12:18 Uttam : Baba is astill on extended Diwali holiday 😉
12:36 Rajesh G : shi should we buy nifty green and blue band or wait for volume
12:38 Shai : Book 92- (11:52) Shai : 73 supp in 12900 pe here 78.5
12:38 MJ : G low coming?
12:38 MJ : nf
12:39 Shai : exit the BNF also at cost- (12:05) Shai : maintain sl at 29396- (11:58) Shai : BNF can do 29170
12:48 MJ : These Bands are literally Gamification of OF.
12:48 MJ : /\
12:50 Uttam : yet another day when NF could not complete 1.5 IB inspite of stayuing below IBL and now shorts getting squeezed
12:51 MJ : 0s on top?
12:51 Uttam : BNF new hgihs
12:51 MJ : bnf
12:51 Chandrashekhar : H wala highs
12:51 MJ : More there? UG?
12:51 Chandrashekhar : oh there’s 2868 reds in bnf
12:52 MJ : Yes C, and 0’s on top looks like some booking done.
12:52 Chandrashekhar : Vos is 36 in BNF
12:53 Uttam : zoom needs adjustment Shai
12:53 Chandrashekhar : thats huge i have seen so far
12:53 Uttam : gone above the roof 😉
12:53 Uttam : BNF can go for 29643
12:53 Vidhyasagar Lingesan : Zoom needs adjustment
12:54 Uttam : if these 0s are taken out
12:54 Uttam : thanks Shai
12:56 MJ : band over
12:56 MJ : booking
13:01 Vidhyasagar Lingesan : 2995 reds in BNF
13:01 MJ : Vwap negotiation in nf.
13:01 MJ : If gives NOC. then bnf also going for higher high?
13:03 Uttam : BNF has 11 mins to get aqbove 29500
13:04 Rusi : shai BN chart shows rate 29420 and other brokers rate shows 29470
13:05 Viswas : pink at top bnf
13:05 Viswas : sl right ug?
13:09 Shai : rates are live- (13:04) Rusi : shai BN chart shows rate 29420 and other brokers rate shows 29470
13:09 Shai : refresh screen once
13:09 Rusi : done . now ok
13:09 MJ : 458 green on nifty top.
13:09 Shai : 12853 a siupp now in NF
13:09 MJ : 245 bnf
13:09 MJ : watching them
13:14 MJ : Game set below dpoc?
13:14 MJ : nf.
13:14 MJ : oh band here too 😀
13:15 Viswas : +100 Mj
13:17 Chandrashekhar : +1 MJ, 458 greens on top here
13:21 Chandrashekhar : but BNF has been very strong today…not coming below Vwap
13:22 MJ : Guys when fading in upside down trades, Jo and jitna mila keep tsl tight.
13:23 MJ : The moment I am in the money, I push SL to cost.
13:26 Shai : NF is inside still, BNF way abv value
13:27 Uttam : 29499
13:28 Uttam : (13:03) Uttam : BNF has 11 mins to get aqbove 29500
13:28 MJ : 29499
13:28 MJ : fancy!
13:35 MJ : 29500 ce needs to give new dhi. hasn’t given yet.
13:36 Uttam : with expiry tom premiums will fall plus vix also down
13:37 MJ : Yes ug, Context is all the writers sl is above 250-270, one scare there and fun. 🙂
13:37 Uttam : boom boom
13:37 MJ : and phata
13:38 Chandrashekhar : UG/MJ one thing i am not able to get is despite of such big reds how come BNF is still making HH
13:38 Chandrashekhar : or am i reading the info right?
13:38 Prashant : Those reds are being abosrbed by buyers.
13:39 MJ : tawa fry for reds
13:40 MJ : C, What Prashant says is happening.
13:40 Chandrashekhar : thanks prashant & MJ
13:40 Uttam : (12:53) Uttam : BNF can go for 29643
13:40 Uttam : 29580 so far
13:41 Uttam : chale chalo BNF
13:41 Uttam : now that 29500ce moving
13:41 Uttam : from 213-280 in a flash
13:41 MJ : 🙂
13:41 Uttam : OI dropping in it
13:41 MJ : All the writers got gangbanged.
13:43 Uttam : @Chandra see the context from morning – (09:24) Uttam : BNF does look like it though ideal frive has more vols(09:25) Uttam : BNF got rejected from NeuX low od 29091(09:42) Uttam : BNF taking sup above PDH
13:44 Uttam : (09:59) Uttam : reds could be forced to cover in BNF
13:44 Uttam : 29643 aaya kya?
13:45 Uttam : doen & dusted
13:45 Uttam : 29646 high
13:45 Uttam : next stop 29765 if stays above 26650
13:45 MJ : 224-324 29500 done.
13:47 MJ : 0s on top nf?
13:47 Uttam : BNF relentless
13:47 Uttam : NF on for 12930
13:49 MJ : 3sd ++ bnf
13:49 Shai : big player at 12885
13:51 MJ : 2020 I’ve seen it all.
13:53 MJ : If melt up had a textbook example.
13:53 MJ : This is the day.
13:54 Viswas : any newsflow?
13:54 Rajiv Ohri : Bank Interest case deferred?
13:54 Chandrashekhar : Loan interest case defered to Nov19
13:54 Rajiv Ohri : i.e. tomorrow
13:54 Chandrashekhar : yes
14:00 Favas : stoploss for bnf?
14:00 Favas : long?
14:00 Uttam : 29760 hihg – (13:45) Uttam : next stop 29765 if stays above 26650
14:01 Favas : ug 29650?
14:01 Viswas : 13000 this expiry shai?
14:03 Prashant : adjust the charts please?
14:04 Shai : 29590 trail- (14:00) Favas : stoploss for bnf?
14:04 Favas : tnks
14:04 Shai : 12911 in NF- (14:00) Favas : stoploss for bnf?
14:08 Uttam : @Favas keep booking out as BNF already extended – (14:01) Favas : ug 29650?
14:08 Uttam : time for afternoon pullback now
14:08 Uttam : a) BNF needs to sustain above 29202 for a rise to 29285 / 29400 / 29643 / 29766 & 29890
14:09 Uttam : 29580 ref in BNF for now
14:09 Uttam : (13:47) Uttam : NF on for 12930
14:10 Uttam : NF does 1.5 IB on upside – (12:50) Uttam : yet another day when NF could not complete 1.5 IB inspite of stayuing below IBL and now shorts getting squeezed
14:10 Uttam : 12933
14:15 MJ : both have done 3sd vwap on upside.
14:15 Viswas : bnf move alomost 25% in 3 weeks. shorters bache hi nahi UG 🙂
14:16 MJ : late long chasers going to be wwhacked?
14:17 Viswas : some profit booking on upper levels UG?
14:18 MJ : K baaki hai abhi to
14:20 Viswas : 200pt is nothing for bnf nowdays… k = flash
14:27 Rajiv Ohri : MJ 880 target or more in NF?
14:27 MJ : Only below 12905.
14:28 MJ : Supply shrunk a bit.
14:28 Chandrashekhar : +1, now guess only liquidation could bring it down…..
14:28 MJ : Faded 3sd, I am out now.
14:30 MJ : Last few sessions we’ve moved till Late in L.
14:31 Shai : Both holding- (14:04) Shai : 29590 trail- (14:00) Favas : stoploss for bnf?(14:04) Shai : 12911 in NF- (14:00) Favas : stoploss for bnf?
14:32 Shai : 12860- 13000 breacket for expiry now
14:32 Favas : +1
14:32 MJ : 214 reds, stay upside down only ok? (bnf)
14:35 MJ : shai any plans to scare 30k ce writers tomorrow? 🙂
14:36 Uttam : BNF giving one last hurrah for the day?
14:36 Uttam : 29842?
14:36 MJ : 30k
14:36 MJ : ug
14:36 MJ : aaj hi
14:36 MJ : 214 reds out here. can be matched against 301.
14:37 MJ : Nf 0s on top
14:37 Chandrashekhar : with 944 reds
14:37 MJ : but this bnf is just on some dope.
14:37 Chandrashekhar : yep…as Uttam said its been relentless
14:37 Shai : watch 12944
14:38 Shai : Abv that ramps up 30 easy- sl of 12930
14:41 Shai : still more pending in BNF
14:41 Shai : told you it will do 30996
14:41 Uttam : TRend Day in it Shai today?
14:41 Shai : don’t count levels in BNF- it is a tear 3 sigma
14:41 Uttam : 🙂
14:41 Shai : roughly 1200 more can do
14:42 Rusi : wow
14:42 MJ : till tomorrow?
14:42 MJ : or by M? 😛
14:42 Shai : M
14:42 MJ : Oh teri! 🙂 okay chief.
14:42 Uttam : M for Month ;-p
14:42 Uttam : not M period
14:43 Prashant : lol
14:43 Shai : lol
14:43 Shai : swing wise
14:43 Sumeet : :)))
14:43 Shai : this sucker is beyond intra trading 🙂
14:43 MJ : Shai miss good old swings in bnf that you used to give.
14:44 Sumeet : IF 2020 showed us anything it was the height of viciousnness in moves both upside and down…
14:44 Shai : 30996 is scene of crime from Feb
14:44 Muralidhar : @Shai-since it is a NuX day…. will it be a Short tomorrow?
14:44 MJ : 2020 as a trader made me learn, there is noting as *CANT BE* happening in markets.
14:44 Shai : All that covid + mortaorium etc etc all is there
14:45 MJ : just feel the pulse of the tape and ride on!
14:45 Shai : short plays only at open with sl of 12977- (14:44) Muralidhar : @Shai-since it is a NuX day…. will it be a Short tomorrow?
14:45 Shai : but should get tat buyer at 12880 again interested
14:46 Shai : if open > neuX not a short
14:48 Bhuvan : shai can we sell 12900 straddle
14:48 Shai : what is the net?
14:48 Bhuvan : 94
14:49 Shai : we are biased up now abv 12860
14:49 Shai : should move to 13000
14:50 Bhuvan : yes , thn should avoid
14:50 Shai : 12900 pe sl of 48 tght 16 tom
14:52 Bhuvan : should take hedge shai ?
14:54 Shai : can do 12970 before clxoe
14:54 Bhuvan : shai sold 12900 pe , sold 13050ce with 12800 pe buy as hedge
14:54 Bhuvan : is it fine
14:55 Shai : next week?
14:55 Bhuvan : for tomorrow
14:55 Shai : okay
14:55 Rusi : i do intraday only. positional me I loose sleep 🙂
14:56 Bhuvan : i prefer selling positional , and doing with shai set ups accuracy has gone way up
14:58 Shai : premiums again getting skewed
14:58 Shai : BNF went from -50 to +25
14:58 Shai : NF + 25
14:59 MJ : nf overtook bnf in dhi making.
14:59 MJ : wow.
14:59 MJ : now bnf ki baari?
15:05 Uttam : NF does 2 IB almost
15:05 Uttam : 12958 is 2 IB
15:06 Shai : 15- (14:54) Shai : can do 12970 before clxoe
15:06 Uttam : +1
15:06 Bhuvan : 12900 pe already 27 , perfect shai
15:13 Shai : close out intrea longs
15:14 Shai : 12965.8
15:14 Shai : those 2 big buyers of 1.50 pm are up 80 points
15:15 MJ : +1 chief
15:15 Prashant : Shai, is it possible for you to give a 1 min cumulative COT in bar/line form in any of the chart windows for NF?
15:15 MJ : 1400+ contracts right?
15:17 Uttam : 1606 & 348 were the big greens in that bar MJ
15:17 Uttam : 13:40
15:18 MJ : Shukria UG /\
15:18 Bhuvan : shai should carry the positions right?
15:19 MJ : 30k ce getting a breakdance move in premiums.
15:19 MJ : looks like people are exiting overnight writing there.
15:20 Bhuvan : dont know how 12800 pe moved from 8.2 tp 10.5
15:23 Chandrashekhar : Thanks all, Bye now
15:23 Uttam : you bought so much quantity Bhuvan 😉
15:23 Bhuvan : hahahaha
15:23 Bhuvan : only 10lots
15:24 MJ : any news overhang for bnf? Apart from the case?
15:24 Shai : mainatin this- (14:32) Shai : 12860- 13000 breacket for expiry now
15:24 Rusi : thanks a lot shai and team. 5th positive day in a row.
15:24 Shai : Congrats
15:24 MJ : Rusi, Cheers!
15:24 Bhuvan : congrats
15:24 Rusi : cheers guys
15:24 Uttam : congo R +1
15:24 Rusi : bye for now
15:25 Rusi : thanks uttam. your levels help s a lot
15:25 Viswas : shai view on RIL ?
15:25 Bhuvan : premium eating was never fun before …..
15:26 Shai : RIL 1800- 2400 range
15:26 Shai : Tc everyone
15:26 Shai : be early for expiry tom
15:26 Shai : should be something
15:26 Bhuvan : thanks shai
15:26 Uttam : _/\_ – (15:25) Rusi : thanks uttam. your levels help s a lot
15:26 Shai : Have a good evening
15:27 Himanshu : Chief – GEvening and to all
15:27 Rajiv Ohri : Shai expecting a selloff now?
15:28 Uttam : thanks All 🙂 have a lovely evening