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 (Nov)
BNF (Nov)
Room Chat
08:33 Vtrender Live : (08:33) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/400986133
09:20 Shai : (09:20) Shai : Intra – Buy BNF above 30150 sl of 30030 tgt 30280
09:28 Shai : (09:28) Shai : BN F 30224. Book profits
09:45 Shai : (09:44) Shai : Buy 11900 ce at 31 sl of 25 tgt 41
09:57 Shai : (09:56) Shai : close at cost- (09:44) Shai : Buy 11900 ce at 31 sl of 25 tgt 41
11:14 Shai : (11:14) Shai : Intra – Buy BNF 30260 sl of 30135 tgt 30390
13:18 Shai : (13:17) Shai : Make exits in the BNF longs at 30270 cmp
13:26 Shai : (13:25) Shai : Intra – Buy BNF 30275 sl of 30180 tgt 30390
13:33 Shai : (13:25) Shai : Intra – Buy BNF 30275 sl of 30180 tgt 30390
13:37 Shai : (13:37) Shai : exit from the BNF longs at 30290.
08:33 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/400986133
08:57 Sai : good morning
09:00 Shai : GM all
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-30th-october/
09:03 Uttam : Good Morning All 🙂
09:03 Chandrashekhar : GM all
09:05 Shai : pre open projecting a higher level
09:06 Shai : Maintain the plan of last evening
09:06 Shai : 5:20 Shai : Good close this15:21 Shai : makes it bullish for tom15:21 Shai : 11804 sl for 11930 F tom,15:21 Shai : that CE 11850 just got some ammo
09:06 Uttam : +1
09:06 Shai : 11890 ref level to monitor the open
09:09 Shai : 29 supp in 11850 CE
09:09 Shai : watch 58 and 69
09:11 Uttam : BNF can do 30216 & 30440 today Shai?
09:11 Shai : 30350- 390\
09:11 Uttam : thanks Shai
09:13 Uttam : Nifty Spot done with the 11862 objective so can do 11937 today
09:14 Nishchal : GM All
09:20 Shai : Intra – Buy BNF above 30150 sl of 30030 tgt 30280
09:21 Shai : any push abv 30140 in BNF yesterday supply can be big
09:23 Shai : Close if any one is in the 11850 ce pe – It’s 71 now hit oa low of 60 or trail with 83 as sl for pair
09:25 Shai : 30200
09:26 Uttam : 30216 was a vpoc in BNF
09:27 Uttam : open was a freak one so getting there now looks like
09:27 Uttam : done
09:28 Shai : BN F 30224. Book profits
09:28 Uttam : Nifty Spot does 330 points so far from prev week close in 2 days & an hour
09:28 Uttam : had told that expecting a 300-400 point move before expiry
09:32 Mudita : reason for exit? (09:28) Shai : BN F 30224. Book profits
09:32 Shai : BNF can long again 3-195 sl of 30115
09:34 Shai : no greens at that RO level- (09:32) Mudita : reason for exit? (09:28) Shai : BN F 30224. Book profits
09:34 Shai : but stabilising now
09:35 Manish : RO means ?
09:35 Uttam : Roll Over point
09:36 Shai : exit- (09:32) Shai : BNF can long again 3-195 sl of 30115
09:36 Shai : no more greens coming
09:38 Jitender : ys lethargic
09:40 Mudita : how do we get the RO level?
09:40 Uttam : its the level when max roll over happend at start of this series
09:40 Mudita : ok
09:40 Uttam : we will get the new RO point today as new series starts
09:41 Uttam : it is mentioned in the daily report if you have gone throguh it
09:42 Chandrashekhar : Uttam what is RO levels..
09:42 Uttam : (09:35) Uttam : Roll Over point(09:40) Uttam : its the level when max roll over happend at start of this series
09:43 Mudita : jus saw.. i didnt get the chance to refer to yest report.. (09:41) Uttam : it is mentioned in the daily report if you have gone throguh it
09:43 Uttam : it is mentioned in everydays report Mudita
09:44 Chandrashekhar : thanks Uttam
09:44 Uttam : from the time new series starts, there in everydays report for reference
09:44 Shai : Buy 11900 ce at 31 sl of 25 tgt 41
09:44 Uttam : todays report will have a new RO point
09:45 Mudita : ok
09:45 Uttam : which will be there till the 28th of Nov
09:47 Uttam : massive addition in 11900pe OI happening
09:47 Uttam : but that 11900ce OI needs to start falling
09:52 Shai : 30 and 31.7 – (09:47) Uttam : massive addition in 11900pe OI happening
09:53 Uttam : both being written Shai?
09:53 Uttam : CE OI also been going up
09:55 Shai : could be
09:56 Shai : but nothing major yet
09:56 Shai : I mean no big hands
09:56 Uttam : late writers could get squeezed in that CE if it is
09:56 Uttam : +1
09:56 Uttam : anyways I remember your point of not trusting the OI additions in the expiry week
09:56 Shai : close at cost- (09:44) Shai : Buy 11900 ce at 31 sl of 25 tgt 41
09:56 Uttam : not trusting blindly
09:57 Shai : writers have come out early
09:58 Shai : BNf coukld have done a 100 more I felt in A start of B
09:58 Shai : but no new demand was visible(09:36) Shai : no more greens coming
09:59 Jitender : 30160-30210 range so far….
09:59 Shai : yes poor considering that 30140 was taken out clean
09:59 Jitender : vwap n yday POC a must hold fr greens
10:00 Shai : +1
10:01 Uttam : new highs coming?
10:02 Jitender : monthly closn also 2day
10:04 Shai : the more I look at 119ce pe the more I’, convinced it is a buy today and not a sell
10:05 Shai : net 60 sl of 44 can do 100
10:07 Uttam : cool Shai will look to go with the winning option of that 🙂
10:07 Govind : So, we are looking at roughly 12k in Nifty Shai, if on the upside?
10:07 Uttam : CE needs to stay above 33-34
10:08 Shai : for 12000 we need voluma abv 11930 F
10:09 Shai : not looking there yet
10:09 Govind : Ok thanks
10:15 Jitender : perfect move
10:16 Shai : indeed
10:16 Shai : OAOR
10:16 Shai : Guys stay fresh and save your emotional capital
10:16 Jitender : +1
10:16 Shai : this is a big mover post noon
10:16 Jitender : yup
10:16 Uttam : yes Shai +100
10:21 Govind : Can we have a DD please 🙂
10:24 Shai : DD is post 11.45 only
10:25 Shai : Let’s see how many traders are active by 11.30 now 🙂
10:25 Govind : 🙂
10:25 Shai : This will keep attracting option sellers
10:26 Shai : 1119 ce pe mark is at 65- above that is a slaughter
10:38 Prakash : Chief, per you where will NF expire
10:44 Uttam : C period done
10:45 Manish : wow
10:45 Jitender : low-high done 🙂
10:46 Jitender : (10:15) Jitender : perfect move
10:46 Uttam : 11900ce OI needs to start coming down now
10:49 Uttam : 11900 OI crossover happening here
10:49 Uttam : 29L to 27.5L now
10:50 Jitender : 19k sittn on top bnf
10:50 Uttam : 60k red at 30250
10:50 Uttam : 54k
10:54 Govind : BNF 30000CE N07 from 452 to 534, overnight done
10:54 Govind : Expected a larger move but happy anyway
10:55 Jitender : =
10:55 Jitender : +1
10:57 Govind : Thanks Jit
11:00 Uttam : congo Govind
11:00 Govind : Thanks UG
11:08 Uttam : 30200 OI now nearing the crossover
11:10 Jitender : expiry alg tryn to hold 30300
11:11 Jitender : algo
11:13 Jitender : he needs to brk 240
11:14 Shai : Intra – Buy BNF 30260 sl of 30135 tgt 30390
11:23 Uttam : 1.2 L green in both Oct & Nov F
11:23 Uttam : NF
11:24 Uttam : just a 49 point range in NF so far
11:30 Shai : 11905 big buyer of this move
11:30 Shai : 30220 F in BNF
11:30 Uttam : 11960 hads algo in Nov
11:30 Uttam : 3.5L vols there
11:31 Jitender : green or red ?
11:31 Uttam : 11940 also has more than 5L vols
11:31 Shai : sbin driving the BN
11:31 Uttam : 2L green & 1.5 red
11:31 Uttam : @Jit
11:31 Shai : as long as sbin stays abv 300 BNf is looking up
11:31 Jitender : k Uttam
11:36 Uttam : looks like those 11630 guys booking out here
11:36 Uttam : Oct RO point
11:36 Uttam : or rolling over
11:39 Jitender : bingo (11:10) Jitender : expiry alg tryn to hold 30300(11:11) Jitender : algo(11:13) Jitender : he needs to brk 240
11:43 Psandeep : At dpoc was it 5 or 6 digit seller at 11914 ?
11:44 Shai : vwap defended well
11:45 Shai : looks a typical 2 sided roll
11:46 Shai : 95K and 85 K were one party, the rest is market
11:49 Prakash : @Shai, where do you see the expiry
11:53 Shai : expiry not clean yet as OAOR
11:53 Shai : can move one way post 2 pm
11:54 Shai : 11828 restet poss if 11930 is not taken out
11:55 Rajiv : Shai these buys at 11900 – 910. How important are these today?
11:56 Shai : no as imp as other days
11:57 Shai : major rolls happening\
11:58 Manish : 11900 PE lottery ?
11:58 Jitender : nt yt
11:58 Jitender : watch vwap n dpoc
11:59 Jitender : look at tat red at dpoc in bnf….he halted the mve fr now
12:00 Bhavani : 11.9 CE/PE costs now only 52-53
12:02 Jitender : 🙂 (11:39) Jitender : bingo (11:10) Jitender : expiry alg tryn to hold 30300(11:11) Jitender : algo(11:13) Jitender : he needs to brk 240
12:03 Nidhi : hold or exit? (11:14) Shai : Intra – Buy BNF 30260 sl of 30135 tgt 30390
12:05 Jitender : 30140 has a trapped red
12:05 Jitender : 30140-300 now bnf range
12:10 Jitender : OF is beautiful…if u have enuff practice to read it
12:10 Jitender : n hv context in mind
12:15 KK : i unerstood going back to vwap at 30200 due to that 30140 sell but not 30300
12:16 Jitender : (11:10) Jitender : expiry alg tryn to hold 30300(11:11) Jitender : algo(11:13) Jitender : he needs to brk 240
12:17 Jitender : 54 k traaped at 248…n lot of reds abv…so sumone wrote 30.3 at 100…is already up100%
12:17 Jitender : expiry play
12:18 Jitender : expiry day play *
12:18 Govind : 12k CE is trading around Rs. 2. 2.5 million OI addition versus total OI of around 5.5 million. PE trading around 100; total OI around 4.5L, OI addition of 4.2 L. 12kCE is probably the preferred lottery of many today
12:18 Jitender : he bookd n nw range is set (12:05) Jitender : 30140-300 now bnf range
12:19 Jitender : ignore OI on expiry day Govind
12:19 Jitender : only crossovers with price sustaining matters
12:19 Jitender : in ths world of algo’s things change fast
12:20 Jitender : 30200 combo at 192
12:27 Govind : Sure Jit, was just observing. At this OI levels we need a massive unwinding for a crossover to happen. 12:19 Jitender : only crossovers with price sustaining matters
12:30 Jitender : ciao guys…will join in later if poss….2x thru n its beach time
12:36 Shai : Congrats
12:36 Shai : Beach !!!
12:36 Shai : enjoy
12:39 Shai : 2 and half hours later still there – (10:16) Shai : OAOR
12:39 Shai : that’s what an OAOR does
12:40 Shai : how many feelling drowsy?- (10:16) Shai : Guys stay fresh and save your emotional capital
12:40 MJ : Ping pong 🙂
12:40 Prakash : whats OAOR, Boss
12:40 Govind : Prakash!!
12:40 Shai : 🙂
12:40 Govind : Need to read up man
12:40 MJ : Shai, but isn’t the RR amazing on OAOR kinda day?
12:41 MJ : if we know hypos and homework done well before with levels?
12:41 Shai : https://vtrender.com/what-are-the-different-open-types-in-market-profile/
12:42 Shai : BNf ready for a march
13:00 Bhavani : Shai, march towards north or south..?:)
13:08 Psandeep : blank screen again
13:09 Shai : screen back
13:10 Shai : 30140 majot supp along with 11890 NF – (13:00) Bhavani : Shai, march towards north or south..?:)
13:10 Shai : below that lower
13:10 Bhavani : OK Shai.. Thanks..
13:11 Bhavani : Seems to move on the higher side only.. but wanted to reconfirm about that crucial support
13:16 Uttam : BNF getting ready?
13:17 Shai : Make exits in the BNF longs at 30270 cmp
13:19 Shai : range has not moved even in BNF
13:19 Shai : 30140- 30300
13:19 Uttam : yes only 200 ppoints since open if we ignore that freak low of 29752
13:22 Uttam : NF has DHI at top to depict Day High 😉
13:24 Uttam : new highs
13:24 Uttam : 1.5 IB done in both
13:25 Shai : Intra – Buy BNF 30275 sl of 30180 tgt 30390
13:25 KK : so if 930 not crossed 830 ?
13:26 Shai : BNf is bullish and driving
13:26 Shai : so NF may follow
13:26 MJ : Yesbank insane vols 🙂
13:26 MJ : 33 percent in a day.
13:26 MJ : bugger.
13:27 MJ : anything in news for yesbank?
13:27 Uttam : (13:16) Uttam : BNF getting ready?
13:28 Uttam : 12012 in NF will be nice today
13:28 MJ : 🙂
13:30 MJ : bossman you set sbin to orbit 😉 313 there.
13:31 Shai : yes giving 146 points to the BNF
13:31 Uttam : 11932 high so far
13:31 Uttam : (09:13) Uttam : Nifty Spot done with the 11862 objective so can do 11937 today
13:32 MJ : Had asked yest if we are good for 320ish in sbi 🙂
13:33 MJ : Was holding small pos 🙂
13:33 Shai : Move sl upto 20220 in the BNF
13:33 Shai : 30220*
13:37 Shai : exit from the BNF longs at 30290.
13:48 Prakash : Too volatile to take trade
13:50 Bhavani : Yes Prakash.., better to switch to CPM (capital protection mode..!):):)
14:05 Shai : 30300 shoukd support
14:07 Shai : Nf is unmoved today
14:08 Shai : 30300 supp fro nbew day highs BNF
14:08 Shai : should look abv 39430
14:09 Shai : NF place longs abv 11932 for 11970 slo of 11905
14:12 Nidhi : In? (14:09) Shai : NF place longs abv 11932 for 11970 slo of 11905
14:12 Shai : no
14:15 Shai : in
14:33 MJ : 11976.xx 3ib
14:34 MJ : come on nf.
14:35 Shai : Move sl of NF to 11921
14:36 Niraj : chart screen is not coming
14:37 Niraj : booked 60 points bank nifty
14:41 Prakash : Shai, any pull back from here
14:41 Uttam : expiry games here
14:42 Uttam : 11900pe writers of today ffeeling the pinch
14:42 Shai : 11900 pe lottery
14:42 Shai : cross over 17 also better
14:42 Niraj : SIR 11900 IS CRUCIAL SUPPORT ??
14:44 Shai : 17
14:45 Shai : 21- (14:42) Shai : 11900 pe lottery
14:45 Shai : double
14:45 Uttam : tgts for 11900pe Shai
14:46 Shai : 25 crucial
14:46 Niraj : futures ??
14:47 Shai : 11911 res
14:48 Niraj : superb move in banknifty to down
14:48 Uttam : Neutral Extreme coming?
14:48 Shai : 25
14:49 Shai : 75 should come
14:49 Shai : holddd
14:49 Nidhi : 75 on the put?
14:50 KK : 830
14:51 Shai : 15 TSL
14:52 Shai : close
14:52 Shai : went to 28
14:52 Shai : BNf would have cracked 30140 it would have given the move
14:57 Uttam : it can still do that Shai?
14:58 Shai : looks done
14:59 Uttam : 3:05 move can come as expiry day?
14:59 KK : here it c omes
15:00 MJ : Looks like 2xer that pe.
15:00 Shai : 30100 pe
15:00 MJ : above 31
15:00 Shai : 10 to 45
15:00 Niraj : sir how to identify this kind of move
15:01 Prakash : pls cover in the seminar 🙂
15:02 Niraj : yes sir
15:02 Niraj : 🙂
15:02 Uttam : 20 to 40.2 50% exit in that 11900pe
15:02 Uttam : rest at cost
15:02 MJ : Super uttam.
15:03 MJ : 31 to 40 looked like it was done there. Covered it.
15:03 Uttam : no 3:05 move looksl ike as made new lows before itself
15:03 Uttam : but lets see
15:05 Shai : lottery worked for everyone- (14:42) Shai : 11900 pe lottery
15:05 Gaurav : all 3 BNF major risers today (SBI, RBL, Yesbank) didn’t go down much in this downmove
15:05 Gaurav : surprising
15:06 Uttam : this is just an expiry move Gaurav
15:06 MJ : Expiry moves
15:06 Gaurav : but to index spot down, you have to take stocks down with it, right?
15:06 Gaurav : was just appreciating the index management folks
15:06 Gaurav : great job as always
15:06 Uttam : (15:03) Uttam : no 3:05 move looksl ike as made new lows before itself
15:07 MJ : Ah 😉 that ways yes. Complex management Gaurav.
15:07 Uttam : low done for the day looks like
15:07 MJ : They’ve tied axis and how.
15:07 Uttam : that 11900pe was a lottery as it got late writers running for cover
15:07 Uttam : (14:41) Uttam : expiry games here(14:42) Uttam : 11900pe writers of today ffeeling the pinch
15:07 Shai : +1- (15:06) Gaurav : was just appreciating the index management folks
15:08 Uttam : 11900 combo under 15 now Shai – the bigger guys were shorting them both
15:08 Shai : scared CE guys at 11900 and then pe guys at 11900
15:09 Shai : once that long failed abv 11925 F this move is on- (15:00) Niraj : sir how to identify this kind of move
15:09 Shai : Fromk failed moves come fast moves..
15:09 Uttam : +100 Shai
15:09 Uttam : close at dPOC?
15:09 Uttam : Neutral Day?
15:10 Uttam : Neutral Centre I meant
15:10 Uttam : probable FA at lows in Spot in both
15:11 Uttam : 41 was the high in that 🙂 (15:02) Uttam : 20 to 40.2 50% exit in that 11900pe
15:12 Shai : Nice one
15:12 Shai : I was looking at 11828 and 75 in that but then expiry it is
15:12 Uttam : _/\_ the PE OI coming down fast was the clue Shai that more pain there in it so held on
15:12 Shai : any other day that move would have given 75
15:12 Uttam : which is why had not booked full but exited rem at cost
15:13 Shai : No regrets – all is well
15:13 Shai : missed the 30100 pe slid right under my eyes as I was to execute at 9
15:13 Shai : went to 65
15:13 Shai : that’s why expiry sessions are good
15:13 Shai : you get these gems
15:13 Uttam : +100
15:14 Shai : and if you are prepared can do 1:4 and 1: 6 easy
15:14 Uttam : with such super R:R too
15:16 Shai : big miss in the 11900 ce pe today from 60. BNf was long always but NF somehow missed the mark\
15:16 Shai : that one went to 10 from 60 instead of 100 🙂 🙂
15:17 Shai : 60 mins in BNF wiped out all morning move
15:17 Uttam : you mean went from 60 to 10 instead of 100?
15:18 Shai : yes had longs in the 11600 ce pe – came out around 40
15:18 Uttam : same here had entered at 55
15:18 Uttam : exited at 38
15:27 Uttam : Shai could we have the Nov futs?
15:27 Uttam : Neutral Extrrme in both indicating end of upmove?
15:27 Uttam : New series & month starting tom
15:28 Shai : Nov on screen
15:28 Uttam : thanks Shai
15:29 Uttam : thanks All 🙂 have a lovely evening & lets have a awesome November ahead
15:29 Shai : Bye all
15:29 Shai : Have a good evening all
15:30 Niraj : same to you too sir
15:30 Niraj : _/\_
15:31 Gaurav : BNF nov series lost all premium