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
NF (Sep)
BNF
Room Chat
09:48 Shai : Intra – Buy BNF 28300 sl of 28212 tgt 28435. cmp[ 28320. buy closer t0 28300
09:52 Shai : (09:52) Shai : Buy 50%25 qty at 28365 cmp
10:03 Shai : (10:03) Shai : Book the BNF trades at 28380 . will enter a full position later
10:28 Shai : Intra – short NF below 11116 sl of 11139 tgt 11075. . short below only**
10:55 Shai : (10:55) Shai : Intra – short BNF 28420- 430 sl of 28510 tgt 28275
11:15 Shai : (11:15) Shai : Uodate – Book the BNF short at 28385-90 cmp
12:05 Shai : (12:05) Shai : Intra – Buy NF 11136 sl of 11109 tgt 11178.
(12:05) Shai : avoid the NF sell below call
12:44 Shai : (12:44) Shai : Book profits in the NF trade at 11145 cmp
13:36 Shai : (13:36) Shai : Intra – short BNF 28350-60 sl of 28470 tgt 28240
13:44 Shai : (13:43) Shai : Make an exit in the BNF short at 28370 cmp
13:55 Shai : (13:55) Shai : Positional – Buy 11200 put weekly at 135 sk of 95 tgt 225.
14:32 Shai : (14:32) Shai : Book half in the put at 160- 163 and ride some at cost
14:57 Shai : (14:57) Shai : Book out the weekly PE at 166 cmp
09:05 ANIL KESI : gm
09:06 Vtrender Live : 30 min charts – https://join.me/304-893-174
09:06 Vtrender Live : option charts – https://global.gotomeeting.com/join/444074349
09:07 Uttam : Good Morning All 🙂 and welcome back Shai
09:07 Shai : GM all
09:07 Shai : Good to be back in the room
09:07 Uttam : you were missed badly though 🙂
09:08 Shai : Missed you guys too
09:08 Shai : the site is under a minor facelift/revamp which got delayed last night. we should be up again during the day.
09:08 ANIL KESI : yes
09:08 Amjad : gm all
09:09 Uttam : 15:20 Uttam : can give a gap up on Monday
09:09 Shai : at www.vtrender.com
09:09 Uttam : lets see if the gap up is sustained
09:09 Uttam : oh ok Shai
09:11 TP : GM All.
09:11 TP : WCback Shai.
09:11 Krishan : gm all
09:11 Shai : Thanks TP
09:11 Shai : inside day in NF on friday
09:11 AN : GM all
09:11 Shai : steady buyer at 11043 holds the kep to the day today
09:12 Chandrashekhar : GM all
09:12 Shai : one touch of 11120 and even 11170 expected if auction stays abv his levels
09:13 Shai : 28260 ref level in BNF – expect rotations if price stays in there
09:24 Shai : 11120 so far
09:24 Shai : this 11120 has ref for the rest of this expiry week
09:25 Shai : demand went missing
09:26 Uttam : volumes also dropping in both
09:31 Uttam : ORR in NF?
09:31 Uttam : BNF at PDH
09:31 Shai : headed down to 11060/ 18260
09:31 Shai : let’s respond there
09:34 MJ : Good morning bossman. Good to have you back 🙂
09:34 Azmath : welcome back Shai
09:37 Shai : Thanks guys 🙂
09:38 Uttam : 62k red at 11077
09:44 Shai : 28264 here – OF is crucial now- (09:31) Shai : headed down to 11060/ 18260
09:45 Shai : so far no supply
09:48 Shai : Intra – Buy BNF 28300 sl of 28212 tgt 28435. cmp[ 28320. buy closer t0 28300
09:48 Shai : hope to get a good fill on this
09:49 Shai : shoukd head back to 28440
09:52 Shai : Buy 50% qty at 28365 cmp
09:59 Shai : This lack of supply was the story right ?- (09:45) Shai : so far no supply
09:59 Boppanna : +1 Shai..Nice read
10:00 Shai : and in NF a few mins earlier was lack of demand at 11120 which moves it lower down to 11070- (09:24) Shai : this 11120 has ref for the rest of this expiry week(09:25) Shai : demand went missing
10:01 Shai : all visible through the OF except that the markets are quicker and you need to match up
10:01 MJ : +1 shai
10:03 Shai : Book the BNF trades at 28380 . will enter a full position later
10:05 Uttam : 11100ce from 69 to 80.7 booked 50%
10:06 Boppanna : Congrats Uttam
10:06 MJ : Congrats Uttam.
10:06 MJ : I rode at that 77k upside down guy too.
10:07 Uttam : thanks guys _/\_
10:08 Uttam : charts showinh high as 80.65 but my 80.7 is executed 🙂
10:09 ANIL KESI : uttma where did u see 62k red short just want to see
10:09 ANIL KESI : uttam correction
10:09 Uttam : at 11077 on 5min charts
10:10 Chandrashekhar : and 25 K was added in the next candle around the same price
10:10 Chandrashekhar : i mean 25K red..
10:10 Uttam : yep
10:10 Uttam : on 30min you hav 1L red
10:11 Uttam : its that combo
10:19 Gaurav : C side extension
10:19 ANIL KESI : thanks
10:20 Boppanna : big volumes here in NF
10:21 MJ : Chief that last 93k looks rolls?
10:21 MJ : Same vols in sept.
10:21 Shai : yes big vol sept
10:21 Shai : mix of 2 players or more
10:21 MJ : Yes chief
10:21 Shai : imp levels as said earlier 4
10:22 MJ : Greens? Can’t make out on my system.
10:22 Shai : mix
10:22 Shai : rolls
10:22 Shai : C ext this 4
10:23 Shai : good abv 11114 now
10:23 Shai : 11145/ 28490 is PWH
10:24 Boppanna : 22k red in BNF
10:27 Uttam : all out of that 11100ce at 87
10:27 Uttam : a) NF needs to stay above 11065 & sustain for a rise to 11094-105 & 11135
10:27 Uttam : hypo1 completed
10:28 Shai : Intra – short NF below 11116 sl of 11139 tgt 11075. . short below only**
10:28 MJ : Thanks shai.
10:30 Shai : looking to short below the morning ref level of 111120 only. if it stays abv may do one more high in D
10:30 Boppanna : BNF fight bewtween 22k red and Uttam’s c) hypo looks like with the 22k red on top for now
10:35 MJ : Another roll.
10:35 Shai : yes
10:36 Uttam : BN spot needs to get above 28474 for next leg up
10:40 Shai : massive volume play abv 11120
10:40 Shai : don;t look for shorts abv it
10:40 Shai : see the big guys are moving inventory abv this- (09:24) Shai : this 11120 has ref for the rest of this expiry week
10:41 Shai : abv 11145 quick 30 to 11175F
10:46 Shai : BNF is doing that D high
10:47 Uttam : 28480 here
10:47 Uttam : BNF
10:47 Uttam : c) Above 28420, BNF can probe higher to 28480-500 / 28550 & 28610-620
10:55 Shai : Intra – short BNF 28420- 430 sl of 28510 tgt 28275
11:04 Shai : If in NF shorts SL is abv 11146
11:14 Shai : t
11:15 Shai : Uodate – Book the BNF short at 28385-90 cmp
11:19 Boppanna : Shorts being pushed out?
11:25 Uttam : looks like
11:30 Uttam : boom boom?
11:30 Uttam : E gets above C
11:38 Uttam : NF get above tht 11145
11:38 Uttam : (10:36) Uttam : BN spot needs to get above 28474 for next leg up…BN Spot high so far 28469
11:53 Shai : yes vwap not broeking from B- (11:19) Boppanna : Shorts being pushed out?
11:56 Shai : hold mode
11:57 Uttam : OAOR playing out in both Shai?
11:57 Shai : actuially 11116- 11146 no way zone in NF
11:57 Shai : can explode either ways if those extremes taken out
11:58 Shai : BNF has those 3 early buyers at 28360- 35 who are holding price
11:58 Shai : yes P structure wise
11:58 Shai : short pushe dout near the open
11:59 Shai : usdinr is near day highs
12:05 Shai : Intra – Buy NF 11136 sl of 11109 tgt 11178.
12:05 Shai : avoid the NF sell below call
12:06 Shai : cot has got up to 28k plus after a while
12:06 Shai : shoukld move up
12:32 MJ : 11145.9 Spot pwh.
12:36 Boppanna : BNF needs a kick
12:38 Uttam : freak high that was Mihir
12:44 Shai : Book profits in the NF trade at 11145 cmp
12:45 Shai : slow pace today
12:48 Uttam : (11:57) Uttam : OAOR playing out in both Shai?
12:52 MJ : Yes uttam.
12:54 Uttam : NF unable to tag 1.5 IB which was as 11154
12:55 Uttam : does first part of this….c) Above 11135, NF can probe higher to 11152-163 & 11180-182
12:56 Uttam : 28464 in spot was a vpoc so we need to stay above it for more upsode
12:56 Uttam : (10:36) Uttam : BN spot needs to get above 28474 for next leg up
12:59 Chandrashekhar : both SPOT & FUt at same price for NF
12:59 Chandrashekhar : seems unusual…
13:09 Uttam : finally into the afternoon
13:09 Uttam : lets make some moves post 1:45
13:10 Chandrashekhar : both Fut index below spot…any relevance to this?
13:10 Uttam : more supply then demand can be one logic but not sure
13:19 Shai : depends on a variety of things and cannpt be pinpointed to one
13:19 Shai : pace is slowed even more
13:19 Shai : max 20 points of range
13:20 Shubro : VWAP defending well in BNF Shai?
13:28 Shubro : man how many times has vwap been tested today
13:30 Uttam : -84k COT as vwap breaks but 50k red stuck at lows of 5min bar
13:30 Uttam : good reds in BNF too
13:31 Chandrashekhar : almost 1 lac reds in NF in this candle…
13:31 Uttam : -28k COT in this 5min bar
13:33 Shubro : cmon BNF now lets go up and smash DH
13:34 Uttam : 0s in NF at 11128
13:34 Shai : longs caught out
13:34 Uttam : 1.5 IB failure
13:35 NP : it is like a teast match today …… had to do scalping throughout the day with low volumes so far …… managed to get 5 DT …… done for the day now
13:35 MJ : +1 Uttam 🙂
13:35 NP : test*
13:35 MJ : Well caught that one.
13:35 Uttam : (12:54) Uttam : NF unable to tag 1.5 IB which was as 11154
13:36 Shai : Intra – short BNF 28350-60 sl of 28470 tgt 28240
13:39 Uttam : highest vol in NF on 5min today prev bar
13:39 Uttam : more than then opening 5min vol
13:40 Uttam : big vols at 11100
13:41 NP : weak longs seem to be taken out ……. what say Uttam?
13:41 Prudhvi : any rolls in this drop?
13:41 Uttam : lets take it above 11110 & see what it does at 11135
13:42 Uttam : no Prudvi
13:42 Uttam : morning we had some big vols in Sep NF
13:43 Uttam : 4L at 11175-180
13:43 Uttam : plus another 2L
13:43 Prudhvi : thnx Uttam
13:43 Uttam : +1
13:43 Shai : Make an exit in the BNF short at 28370 cmp
13:48 Shai : 28430 can come – hence exit
13:49 Shai : if we get one up to 28420 don;t mi d shorting it there same sl and tgt
13:54 NP : just look at USD INR
13:55 Shai : Positional – Buy 11200 put weekly at 135 sk of 95 tgt 225.
13:55 Shai : will carry this
13:55 Shai : major rewards if 11060 breaks tom
14:07 Himanshu null : hi all
14:08 Boppanna : Touched 13:49 Shai : if we get one up to 28420 don;t mi d shorting it there same sl and tgt
14:14 Shai : already in the puts also
14:15 Shai : looking at 11060/ 28265
14:16 Boppanna : +1
14:16 Uttam : one tag of 11130 can come & we also have poor highs today
14:17 Uttam : but a dip first will be nice to 11060
14:17 Uttam : can get a weekly FA there before we move higher this week
14:17 Boppanna : 28300ce not letting go if can sustain below 245 then quick drop IMO
14:17 Shai : yes stops have to be abv 11140
14:17 Shai : that POC there is very prominent
14:18 Shai : wonlt let the market dive down easy
14:18 Shai : dpoc* not POC
14:18 Uttam : +1 Shai
14:21 Uttam : gone…
14:21 Uttam : BNF new day lows
14:21 Uttam : super call that BNF was Shai +100
14:21 Uttam : 79k green in BNF
14:21 Uttam : but 0s all above
14:22 Shai : BNF part done – (14:15) Shai : looking at 11060/ 28265
14:23 Boppanna : +1
14:23 Uttam : probable weekly FA in BNF at 28255
14:23 Shubro : Shai thank yooooou
14:23 Shai : 70k OF COT is shorts cover
14:23 Uttam : oh ok Shai
14:23 Uttam : NF needs to make new lows
14:23 Boppanna : Straight drop to 193 14:17 Boppanna : 28300ce not letting go if can sustain below 245 then quick drop IMO
14:23 Shai : NF can now trap all late longs
14:23 Shai : hence the deep ITM put
14:24 Shai : +1 Bopp
14:24 Shai : looking at 11001 in F
14:25 Uttam : more coming?
14:25 Shai : on this failure abv 11120 F today
14:25 Uttam : BNF what a fall
14:26 Shai : just woriied about that POC at 11135 for which 11060 has to break
14:26 Boppanna : Should be interesting now 1 more hour left
14:26 Boppanna : BNF
14:27 Shai : 154 on the put
14:27 Uttam : +100
14:27 Azmath : Good one Shai
14:28 Uttam : finally new low in NF
14:28 Shubro : Uttam BNF target down ?
14:28 Shai : gone 🙂
14:28 Jitender : wb Shai
14:29 Jitender : hez very deadly after vacations 🙂
14:29 Uttam : +100 Jit
14:29 Shai : haha
14:29 Shai : Thank Jit
14:30 Uttam : now probable weekly FA in NF too
14:31 Jitender : stimulus buyrs gvng up
14:31 Uttam : and this is where actualy buyers will come 😉
14:31 Uttam : smart buyers
14:31 Shubro : chalo back to poc
14:31 Shubro : hehe major kela hoga
14:32 Shai : Book half in the put at 160- 163 and ride some at cost
14:32 Jitender : smashn
14:32 Boppanna : Nice quick one Shai
14:32 Uttam : (12:54) Uttam : NF unable to tag 1.5 IB which was as 11154
14:33 Shai : 11075 suply
14:33 Shai : can do 11002 before close as long as below 11075 now
14:33 Uttam : yes resisting at IBL now
14:33 Uttam : 11065
14:33 Uttam : Neutral Extrrme you ordering Shai 🙂
14:35 Boppanna : That 1.3 lhk green at 11055?
14:35 MJ : Yes Bopps.
14:36 Shai : sl lorders – (14:35) Boppanna : That 1.3 lhk green at 11055?
14:36 Shai : ignore
14:36 Uttam : yes lots of 0s above
14:36 Uttam : same as in BNF that 79k green came
14:39 NP : 8 DT Done …… DUKAN BAND …… now I need a Hot Cup of COFFEE
14:40 Shai : (14:24) Shai : looking at 11001 in F(14:25) Shai : on this failure abv 11120 F today
14:41 Shai : How’s the room doing? 🙂
14:41 NP : HOPE TRADE Fizzled out and how
14:41 MJ : 🙂
14:41 Uttam : josh is high Shai 🙂
14:41 Jitender : rockn (14:41) Shai : How’s the room doing? 🙂
14:41 NP : The Room is Rocking
14:41 MJ : Shai when is your next vacation? I will pos size accordingly 🙂
14:41 Uttam : that 11200pe above 195 can go higher?
14:41 Shai : Cheers
14:41 Shubro : i am vibrating
14:41 Boppanna : Out 14:23 Boppanna : Straight drop to 193 14:17 Boppanna : 28300ce not letting go if can sustain below 245 then quick drop IMO
14:42 Jitender : pls dont cut nythn off 🙂 (14:41) Shubro : i am vibrating
14:42 Uttam : lol
14:42 Shai : 🙂
14:42 NP : lol
14:42 Shubro : 😛 Jit
14:43 NP : Shai Sir is back with a BANG!
14:43 Shubro : Shai Shai Shai muaaah thank you bro
14:44 Shai : cheers man
14:44 Shai : happy to be back @NP. This room gives a bigger high 🙂
14:44 NP : +1
14:45 NP : look at the discount in BNF
14:45 Sandesh : +111 shai
14:45 AN : Thanks Shai, great calls._/\_
14:45 MJ : Azmath you there?
14:45 Uttam : anyone for a Neutral Centre?
14:45 NP : +1 Uttam
14:46 Uttam : but 11040 needs to hold in NF now
14:46 Shubro : Utttam one for the road is it?
14:46 Uttam : else Shai’s 11001 coming
14:46 NP : yes
14:46 NP : may be 3.05pm move
14:47 Uttam : can start now also
14:48 Boppanna : if that BNF gets sustain above 210 then possibe then NC in BN else 28050 IMO
14:53 Uttam : both completeing 80% rule in prev week’s balance
14:54 Uttam : NF tags the POC of the balance
14:54 Uttam : and now Shai not letting it get above 11075 😉
14:55 Uttam : so looks like will complete the 80% fully by tagging the VAL
14:56 Uttam : BNF also taking sup at weekly POC of 28120 (2 week composite)
14:57 Shai : Book out the weekly PE at 166 cmp
14:58 NP : #ContraTrade …… 28200CE ….. 190-210 …… all out ….. Going home with 10DT
15:00 Uttam : congrats Naren +10 🙂
15:01 NP : Thanks Uttam
15:06 Shubro : heading to POC or short here Shai BNF?
15:07 Bhavani : That was a great call Shai.. can we buy 11200/11100 PE again and carryover
15:13 Shai : No
15:13 Shai : reason being we may bounce back tom
15:14 Shai : looking to capture a quick 60 pointer abv 11075 F tom for 11135 with sl of 11050
15:14 Shai : shoukd be fast up
15:14 Azmath : 45 visible
15:14 Azmath : POC still up
15:14 Shai : 15 mins
15:17 Bhavani : OK Shai. Thanks for the guidance
15:22 Shubro : what evryone waited for 3:20 lol?
15:29 Uttam : thanks All 🙂 have a lovely evneing
15:29 MJ : Bye shai and All.
15:30 Shai : Bye all
15:30 Shai : Have a nice evening
15:30 Shai : catch up tom