Order Flow charts dated 3rd Jan 2020

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

Vol Pic2 Nf 2 Order Flow Charts Dated 3Rd Jan 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


BNF

Vol Pic 2 Bnf 2 Order Flow Charts Dated 3Rd Jan 2020 Banknifty Futures, Day Trading, Intraday Trading, Intraday Trading Strategies, Nifty Futures, Order Flow Analysis, Support And Resistance, Trading Strategies, Volume Profile Trading


Room Chat

09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/385388045

09:38 Shai : (09:38) Shai : Intrea – Buy 12250 pe at 68-69 sl of 58 tgt 86/97

09:46 Shai : (09:45) Shai : 12250 pe at 81. Book half here and ride some at cost

09:59 Shai : (09:59) Shai : Close the 12250 PE at 75 for now

11:47 Shai : (11:47) Shai : 12250 pe at 85 . Book half here and ride at cost some- (11:20) Shai : 12250 pe buy again at 76 sl of 67 tgt 94

12:09 Shai : (12:09) Shai : Book the 12250 pe fully at 85.
(12:09) Shai : Those wanting to hold can trail at 80\\

12:19 Shai : (12:19) Shai : Intra – short BNF 32120 sl of 32186 tgt 32040

12:28 Shai : (12:27) Shai : Exit from the BNF shorts at 32155

13:59 Shai : (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79

14:17 Shai : (14:17) Shai : clsoe at 58-59 cmp- (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79


09:00 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/385388045
09:01 Abhiraj Dhamija : good morning guys!!
09:02 Shai : GM all
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-2nd-january-2020/
09:05 Shai : 12323 ref line for the open tpoday
09:05 Shai : biased down below 12323 fpr 12285 and 12252
09:07 Uttam : Good Morning All πŸ™‚
09:08 Pritesh : GM All
09:08 Chandrashekhar : GM all
09:09 Pritesh null : gm to all
09:11 Ketan : good morn room !
09:11 Tejpreet : GM All.
09:11 GS : GM all
09:11 GS : US air strike will that effect markets?
09:12 GS : News mafia is running the news like this is the end of world … specially western media
09:12 Pritesh null : gm to all
09:15 Shai : Killed a good loooking short at open based on the cot
09:16 Chandrashekhar : 6 lac vol within 5 min..good vol right Shai/uttam?
09:16 Shai : 12240- 12252 supp zone
09:16 Shai : yes
09:16 Shai : vol high for 3 mins
09:17 Vishnu : any big player
09:17 Chandrashekhar : 1 lac buy we have around 12282
09:17 Mohammed : Good Morning
09:18 Chandrashekhar : more green been added in this zone
09:19 Chandrashekhar : may be we have to wait and see if they could stop the down fall…
09:19 Shai : 1L sell also there
09:19 Chandrashekhar : 9.5 lac vol now…
09:20 Uttam : driving down’
09:21 Tejpreet : but cot still + in 30 min looks like overnight shorts booking out .
09:22 Uttam : oh yes Tej those shorts would have got unexpected early profits πŸ˜‰
09:22 Tejpreet : +1
09:23 Chandrashekhar : Uttam’s B ypo got executed within the first 5 min…
09:24 Chandrashekhar : no chance for us to play it today .. for NF
09:26 Shai : if 12290 is crossed we may get 12310
09:26 Vishnu : shai 14l above in a period still time pending . any institutional thee?
09:27 Tejpreet : Shai swingwise BN support level.
09:27 Shai : yes gaps are instititutions
09:27 Pritesh : TCS, Infy are up.. so NF will have support from there.
09:27 Shai : they are considered as invisible single prints in market profile
09:27 Chandrashekhar : too many 0’s in BNF charts..
09:27 Shai : 32344 a supp in BNF
09:28 Vishnu : so direction any from them found?
09:28 Shai : Go in the direction of a large gap which does not fill
09:28 Tejpreet : tks Chief
09:30 Vishnu : so in short side
09:30 Boppanna : below 340 BNF reds
09:31 Boppanna : and greens fighting it out
09:31 GS : +1 shai
09:32 Tejpreet : Uttam one push above 290 for that 310 need a refill πŸ™‚
09:33 Uttam : looks difficult Tej
09:33 Tejpreet : agree
09:35 Chandrashekhar : Hypo d in play for NF now…..20 lac vol so far
09:35 Uttam : 12268-263 sup zone though but the way we have opend dont htink will hold
09:35 Pritesh : Market correct like 40 50 points but the PE’s got doubled..
09:38 Shai : Intrea – Buy 12250 pe at 68-69 sl of 58 tgt 86/97
09:43 Sanjib : VIX up by 7%
09:43 Vishnu : shai a period 24 lakh volume
09:43 Boppanna : BNF Below 344 ..60 points part out
09:44 Vishnu : first time after dec i think?
09:44 Uttam : 69-76 in that 12250pe 50% booked
09:44 Tejpreet : +1 uttam and bops.
09:45 Sanjib : +1 uttam
09:45 Boppanna : Full out A period ends lets see what B has in store.. good start for the day
09:45 Shai : 12250 pe at 81. Book half here and ride some at cost
09:46 Tejpreet : quickie +1
09:46 Boppanna : +1
09:46 Shai : No messsing around with 6L vol in 3 mins
09:47 Shai : good to see so many of you focusing on the A volume
09:47 Jitender : vix expandn
09:47 Shai : that’s the secret
09:47 Shai : keep going
09:47 Vishnu : yes shai go with big player
09:47 Uttam : 12255 was good sup before
09:47 Vishnu : and he has entered na
09:47 Uttam : 51k green there
09:48 Chandrashekhar : 51 K greens there
09:48 Shai : This is a big supp zone- (09:16) Shai : 12240- 12252 supp zone
09:48 Jitender : bnf good place fr a bounce, if it has to come
09:48 Shai : caution required if short
09:48 Uttam : yes Shai placed TSL in system
09:51 Uttam : NF looking good for a bounce above VWAP here
09:53 Uttam : RS forming at 12270
09:53 Uttam : just below VWAP
09:53 Tejpreet : the spot F premium adjustinh in both.
09:54 Boppanna : PDL resisting in BNF
09:54 Vishnu : shai one doubt in a period one big guy there but the cot 12700 plus can u explain that
09:55 Uttam : spot breaking 12214 will confirm a weekly FA at 12290
09:55 Shai : lomg liquidation
09:55 Shai : + yesterfday shorts booking
09:55 Vishnu : ok
09:55 Uttam : so many ppl wanted new ATH today in both including me πŸ˜‰
09:55 Vishnu : but he is there na . if mkt goes reverse at what level he will defend
09:56 Vishnu : uttam no chance for ath na
09:56 Uttam : never say never Vishnu πŸ™‚
09:56 Vishnu : ok
09:56 Uttam : lets see how the IB is formed
09:57 Uttam : booked out all PEs
09:57 Pritesh : NF got green COT since opening.. correct me if i am wrong UG?
09:58 Pritesh : Does it mean chances are still there for reversal..
09:58 Vishnu : not big green cot pritesh
09:58 Vishnu : as per the A tpo big shorts still there
09:59 Uttam : day COT is just 24k Pritesh
09:59 Shai : Close the 12250 PE at 75 for now
09:59 Uttam : +1 Shai already did it
10:01 Uttam : both resisting at VWAP for now
10:01 Govind : Nice trade Shai
10:03 Govind : European open will make this interesting; Iran sec council meeting now on how to respond
10:05 Uttam : nice exit in that PE Shai πŸ™‚
10:05 Jitender : bingo (09:48) Jitender : bnf good place fr a bounce, if it has to come
10:05 Sachin : +1 on the PE trade, good one
10:05 Jitender : 1.3x DT…got the vix expansion bag on & the reversal
10:05 Jitender : bang on
10:05 Tejpreet : +1 jit
10:06 Jitender : tx guys
10:07 Boppanna : +1 Jit
10:07 Jitender : tx
10:08 Jitender : 32.3pe alone gave 40 bps on vix expansion
10:10 Jitender : 3230-32 n 3215 roughly spx supp
10:10 Jitender : rest if Shai can gv his view on them
10:11 Uttam : 12200pe OI rising
10:14 Uttam : 32L vols in IB in NF – almost double the average
10:15 Prakash : should be a Big day – today, looking at the volumes
10:15 Prakash : whichever direction
10:15 Prakash : whatsay UG..
10:17 Boppanna : Learnt it here in VT if A period gives a gap(against the previous day trend) in BNF and a follow up in the same direction book profits at the end of A or trail closely as its a genereally good probability of B if its starts near previous day support moving contra to A …always can get a better RR after seeing how B ends
10:17 Uttam : +1 Bops & if we get a dhoka move in C all the more good to go with morning trend
10:18 Uttam : CEs giving a buy
10:18 Uttam : in the C period
10:18 Uttam : lets see how far we can move in the morning tail
10:19 Uttam : (09:51) Uttam : NF looking good for a bounce above VWAP here
10:19 Uttam : that 51k green doing a good job
10:19 Uttam : 12289 high in NF so far
10:25 Boppanna : Uttam BNF no volumes above 445?
10:27 Uttam : yes seems like Bops
10:27 Boppanna : thx
10:28 Sanjib : RB at NF?
10:32 Tejpreet : 290 holds and 2 dt done !!
10:32 Uttam : congrats Tej
10:32 Boppanna : Nice one Tej
10:33 Uttam : D needs to make a RE now
10:33 Tejpreet : tks guys fab alert in rooms ….precise ones !!
10:36 AmitN : BN spot , C-ext
10:37 Jitender : +1 Tej
10:37 Tejpreet : tks jit
10:40 Tejpreet : looking for spot 12150 visit today if A singles hold on.
10:40 Uttam : 12200pe scratched from 50 to 53
10:40 Uttam : D side RE will give more conviction
10:40 Uttam : kept one last one sell at 55.5
10:41 Vishnu : 12204 on the way
10:41 Uttam : before D starts
10:41 Uttam : 3 more mins
10:42 Vishnu : fa in nf uttam
10:43 Shai : NF imp lows today in IB
10:44 Shai : just at the ref level of the oast 2 sessions
10:44 Shai : Any extension today is tradebale and will be a furtrher sign of OTF influence
10:44 Uttam : +1 Shai
10:45 Uttam : 12290 & 32340 ref now on upside in both
10:45 Shai : Current vol does suggest a b or a normal day type , but being a friday we would be alive tto a range extension
10:54 Boppanna : 78K BNF?
10:54 Uttam : mix of orders looks like
10:54 Uttam : 0s at lows
10:54 Uttam : below it
10:55 Shai : No 78
10:55 Shai : ignore
10:55 Uttam : BNF tags the vpoc of 32208
11:08 Jitender : c u guys…have a grt radn day n nice weekend
11:08 Jitender : tradn
11:10 Boppanna : bye Jit
11:11 Govind : IBL defended well thus far in NF
11:20 Uttam : VWAP resisting again? low vols though
11:20 Shai : 12250 pe buy again at 76 sl of 67 tgt 94
11:39 Uttam : RE coming?
11:39 Uttam : 24k red in NF
11:43 Boppanna : BNF just has to make its mind o that Uttam’s f) hypo
11:45 Sanjib : BNF heard you Bops πŸ™‚
11:45 Chandrashekhar : 1.6 lac greens..
11:46 MJ : 26k bnf too. with 0s below.
11:46 Prakash : 170K Buyer NF @12250
11:46 Vishnu : 1.7 l buy
11:46 Chandrashekhar : that dec POC point..seems to be strong one Shai?
11:47 Shai : 12250 pe at 85 . Book half here and ride at cost some- (11:20) Shai : 12250 pe buy again at 76 sl of 67 tgt 94
11:47 Govind : +1 Shai, super trade again
11:47 Boppanna : +1
11:47 Sanjib : +1
11:47 Uttam : super Shai
11:49 Vishnu : shai rb na that buyer
11:51 Shai : LLT not RB
11:51 Shai : Anyone knows the difference?
11:51 Shai : why is it not a RB?
11:52 Vishnu : can u say
11:52 Sanjib : The Price moved below the highest vol
11:52 Shai : 12259 supply now
11:53 Shai : RB’s have to be low volume bars
11:53 Shai : High violume bars cannot be RB
11:54 Shai : That’s why I keep saying go over the videos again and again. You cannot catch the finer things in 1 or 2 even 3 views
11:54 Shai : Mastery means daily practice.
11:54 Prakash : LLT has defended 12250 for now atleast
11:54 Shai : you cannot master anything without va daily practice
11:55 Vishnu : yes shai
11:55 Shai : 12259 ref level
11:55 Shai : thgis is an ext
11:55 Shai : we are not looking at longs
11:56 Vishnu : looking sells
11:58 Uttam : 12240 is the vpoc in NF
11:58 Chandrashekhar : Shai..one query…we had close to 2 lac buys around 12250…large enough to absorb the supply so far…
11:58 Uttam : we have 0s above that Chandra
11:58 Uttam : it is not a single buy order
11:58 Uttam : mix of orders
11:59 Uttam : and around that zone not just that one level
11:59 Uttam : 55 to 60 in 12200pe
11:59 Chandrashekhar : or could that also be some shorts covering as well?
11:59 Uttam : 12240 here in NF
11:59 Uttam : 32168-130 sup in BNF
11:59 Chandrashekhar : another 1 lac green now
12:00 Chandrashekhar : but prices are still probing down…
12:00 Uttam : and once again you have 0s above that big green
12:01 Uttam : low voumes so these swipes are more visible
12:01 Chandrashekhar : yes..may be i need to understand this better
12:01 Uttam : 12231 is 1.5 IB in NF
12:01 Uttam : 32108 in BNF
12:02 Shai : COT was -267K at close yesterday
12:02 Shai : just +166 now
12:02 Uttam : 32142 was the 2atr objective from FA of 32774
12:02 Shai : so all the green you see is covering
12:02 Govind : +1
12:03 Uttam : BNF low so far 32143.7 – (12:02) Uttam : 32142 was the 2atr objective from FA of 32774
12:03 Shai : And it went to -91K on that rrip to vwap where we picked the put up
12:03 Uttam : +1 Shai
12:03 Shai : so just those vwap selers booking
12:04 Shai : stay short below this- (11:55) Shai : 12259 ref level
12:08 Chandrashekhar : Thanks Shai..makes sense
12:09 Shai : Book the 12250 pe fully at 85.
12:09 Shai : Those wanting to hold can trail at 80\
12:14 Vishnu : shai its an open drive na
12:14 Uttam : 2nd time in 2 weeks that the expiry day move is reversed the next day
12:15 Uttam : f) Break of 32208 could trigger a move down to 32168-130 / 32088-28 & 31976
12:15 Uttam : BNF low so far 32130
12:16 Vasant : what is DMID
12:16 Shai : day mid point
12:16 Shai : H+l/2
12:17 Vasant : oh
12:17 Vasant : got it
12:18 Uttam : fresh reds in BNF
12:18 Uttam : 14l
12:18 Uttam : 14k at 32136
12:19 Shai : Intra – short BNF 32120 sl of 32186 tgt 32040
12:20 Shai : some new reds below 1229 can tgt 12217
12:20 Shai : 12239*
12:27 Shai : Exit from the BNF shorts at 32155
12:33 MJ : 12259 still holding for shorts.
12:42 Tejpreet : someone just tweeted this ……..NIFTY On-Track for the lowest range in the past 70 weeks. Setting up nicely for an explosive move
12:43 Uttam : same tweet was there last week also Tej πŸ˜‰
12:43 Tejpreet : haha
12:44 Tejpreet : But i think we get a 6-8% move till budget .
12:45 Vishnu : up or in down tej
12:46 Tejpreet : that we will come to know in the room on daily basis.
12:48 Vasant : any reason for exit BN SHAI?
13:00 MJ : Yes tp, massive atr squeeze has happened.
13:00 MJ : I had mentioned during dec expiry week.
13:01 MJ : I look at atr for a trade setup that works for me, and I am surprised at how those numbers are looking across nf50.
13:03 Tejpreet : +1
13:03 Tejpreet : The range should expand.
13:03 GS : @tej downards?
13:03 MJ : Yeah πŸ™‚ Just give moves, irrespective of sides.
13:04 MJ : OF shall tell us which way we are headed.
13:04 Tejpreet : guys don’t try to predict the direction , range expansion means we will get bigger moves.
13:05 MJ : +1 tp
13:10 Boppanna : Uttam you happy with G low for the day ?
13:10 Boppanna : BNF
13:14 Vishnu : shai any pe with ref 12259?
13:38 Shai : Avoid the PE for now
13:46 Shai : makes sense to short below 12239 now with sl of 12266
13:46 Shai : or near vwap with a sm,all sl
13:56 Shai : considerable sklowdown last 2 hours
13:56 Shai : NF in a 22 poinbt range
13:58 Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
14:00 Pritesh : Don’t you see W shape reversal Shai?
14:01 Vishnu : pritesh le the buyers comes with power then only recovery .
14:01 Pritesh : ok
14:01 Vishnu : am on same view with shai slow doen mostllt after 2.15 expected
14:03 Boppanna : Below 130 BNF can quick a quick drop 50 IMO above 168 reversal
14:05 Boppanna : Buggers BN spot dropping Futures not showing the drop
14:16 Boppanna : bringing trail to cost 130
14:17 Shai : clsoe at 58-59 cmp- (13:58) Shai : Aggressive trade- Buy 12200 pe at 57 sl of 50 tgt 79
14:36 Shai : one OTM monthly call makes sense here for Monday
14:36 Shai : can alos buy if vwap is crossed
14:36 GS : @Pritesh your W started
14:37 Shai : wonlt till vwap is crpossed
14:37 GS : +1
14:37 GS : reminds of 1 Jan
14:38 GS : I got into things too early and then too late , good learnings
14:38 Pritesh : Green COT ?
14:39 Vishnu : old sells booking
14:39 Pritesh : ok
14:40 Pritesh : Bought 12200 CE with DL stoploss
14:41 Tejpreet : 124k pe right at vwap 222 odd. , monthly. pb 233.
14:42 GS : @Pritesh it is coming for your SL (hunting) careful dude , 256 to 236 what a congestion
14:42 KK : I bought PE hoping for spike down
14:43 KK : morning OTF
14:43 GS : I am staying out for now
14:43 Tejpreet : needs to sustain below Shai’s 239 for a quick 20 pointer.
14:44 Pritesh : gone..
14:44 Pritesh : SL hit
14:49 Tejpreet : boom and done πŸ™‚
14:49 Shai : +1
14:49 Tejpreet : got 243 on that pe.
14:50 Shai : Looks like we will have lots of liquidity issues iin F from now on πŸ™
14:50 Vishnu : 2.21 buy
14:50 Tejpreet : tks chief
14:50 Govind : Done
14:50 Vishnu : LLT or RB
14:50 GS : finally
14:50 Govind : Why Shai, because of the SEBI new rule?
14:51 GS : 2.2L buys
14:51 Shai : 217 needs to be printed
14:51 Tejpreet : +1
14:51 Shai : yes- (14:50) Govind : Why Shai, because of the SEBI new rule?
14:51 Shai : will yake out system liquidity
14:51 Tejpreet : if 217 comes before 3.05 then maybe a peak a 180.
14:51 Tejpreet : peek
14:52 Govind : Yes Shai, may be we shuld start trading SPX πŸ™‚
14:52 Govind : But the RBI won’t let us
14:53 Prajwal Shetty : so prices have to go lower for the fill??
14:53 Shai : Intra- short BNF below 32075 sl of 32160 tgt 31930.short below
14:54 Tejpreet : πŸ˜‰
14:54 Vishnu : sha cot going up above4 l means shorts are covering ?
14:55 Shai : yes leave that for Monday as suggested earlier
14:56 Vishnu : +1 shai
14:59 GS : 0s
14:59 GS : 2.2L wroking?
15:03 Prajwal Shetty : was it a 45
15:03 Shai : long built for Monday
15:04 Vishnu : can i buy any call?
15:04 Shai : Exit if holding BN shorts
15:04 Shai : covering
15:05 Shai : 66 is a buyer in 12200 ce
15:06 Tejpreet : last short 13k monthly at 165 odd with 6 point SL.
15:06 Tejpreet : 123
15:07 Shai : SC mode
15:08 Tejpreet : yes chief
15:08 Vishnu : sc means
15:09 Pritesh : short covering
15:09 Pritesh : ?
15:09 Prakash : NF at VWAP
15:09 Tejpreet : Shai if this hits 280 plus makes sense to carry a otm pe say 12k for news based weekend move.
15:11 Shai : No PE
15:12 Shai : My 2 bits – spx will close in green today
15:12 Tejpreet : πŸ™‚ tks
15:13 Vishnu : any ce
15:13 Shai : carry monthly
15:13 Shai : weekly does not work fri- mon
15:13 Tejpreet : closing that pe at cost .
15:14 Vishnu : combo is good na monthly as many global tensions here
15:14 GS : I guess everyone buying CE
15:15 Tejpreet : vix up by 12 % and weekend ahead ……like Shai said spx might be green ……vix could collapse on monday Vishnu.
15:15 Tejpreet : better to go nil.
15:16 Shai : yes \
15:16 Shai : makes sense to view this fresh\
15:21 Shai : would have been better if we were at day lows at close to carry longs actually
15:21 Shai : I was hoping for a print near 12200
15:22 Tejpreet : Monday you get your prints and the room can load up the ce .
15:22 Boppanna : +1 πŸ™‚
15:25 Shai : 18 point premium erosion today
15:26 Shai : that makes spot inside almost yesterday
15:28 Shai : Bye all
15:28 Tejpreet : Bye All.
15:28 Shai : Have a nice weekend all
15:28 Shai : Catch up Monday
15:28 Mohammed : thanks bye
15:29 Vishnu : bye