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.
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading.
NF
BNF
Room Chat
08:50 Vtrender Live : (08:50) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/779102221
08:58 Shai : https://vtrender.com/market-profile-analysis-dated-6th-november/
09:26 Shai : (09:26) Shai : Intra – short BNF 30750- 60 sl of 30830 tgt 30675/ 39514
09:33 Shai : (08:50) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/779102221
09:34 Shai : (09:34) Shai : BNF exit shorts – Sl taken
10:06 Shai : (10:05) Shai : Intra – Short BNF 30650 sl of 30770 tgt 30410. Trade 50%25 size only
10:09 Shai : (10:08) Shai : 30605.reduce qty here and sl at cost
10:16 Shai : (10:16) Shai : Book full BNF 30577
10:37 Shai : (10:37) Shai : Intra- Buy NF 12003 sl of 11975 tgt 12040
12:15 Shai : (12:15) Shai : Aggressive buy- Buy BNF 30670 sl of 30560 tgt 30850
12:30 Shai : (12:29) Shai : BNf exit longs
12:38 Shai : (12:38) Shai : NF exit all long
13:01 Shai : (13:01) Shai : ERxpiry trade- Buy 12050 call at 6 sl of 0 tgt 17/ 34
08:50 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/779102221
08:53 Shai : Gm all
08:57 Rajesh null : gm
08:57 Chandrashekhar : GM all
08:57 Rajesh null : hello
08:58 Shai : https://vtrender.com/market-profile-analysis-dated-6th-november/
08:58 Uttam : Good Morning All 🙂
09:09 Krishan : gm
09:12 Sriramakrishna : Good morning all
09:18 Sai : good morning all
09:20 Vijai null : gotomeeting link pls
09:20 Shai : Nf stable abv 12022 again
09:22 KK : So it goes back from 12046 , NF ?
09:23 Shai : 12046 not a ref today
09:25 Shai : BNf for test of 30680
09:26 Shai : Intra – short BNF 30750- 60 sl of 30830 tgt 30675/ 39514
09:28 Niraj : sir seems short has little divergence
09:31 Vijai null : pls share gotomeeting link
09:32 Boppanna : Its there in A tab Vijay
09:34 Shai : BNF exit shorts – Sl taken
09:35 Uttam : 30857 imp ref
09:35 Uttam : trend day vwap of that july profile
09:36 Sunny : Shai/Uttam, what was the rationale for taking a short trade here ?
09:36 Uttam : RS at open and rejection from out of pre day range
09:36 Uttam : 13k green was stuck at 30820
09:36 Sunny : RS ?
09:37 Uttam : please watch the OF videos Sunny
09:37 Uttam : Responsive Seller
09:37 Sunny : got it
09:38 Shai : test of 39680n still due- may attempt thatb short again
09:38 Boppanna : BNF within a) hypo with high around 850
09:40 Azmath : looks like first half coffee day
09:40 Shai : it is
09:40 Shai : open auction
09:41 Vijai null : A tab not available for mobile.pls share
09:41 Uttam : (08:50) Vtrender Live: 30 min charts – https://global.gotomeeting.com/join/779102221
09:43 Vijai null : thanks uttam
09:44 Boppanna : +1 Azmath
09:45 Sai : sharp fall
09:45 Sai : bnf
09:45 Prakash : @Shai, Test of 11985 also due for NF..??
09:45 Shai : ticked sl and came down
09:45 Shai : damn
09:45 Uttam : 0s at 30775
09:48 Uttam : 30680 here
09:48 Boppanna : 580 if we get below 680
09:48 Jitender : 34.8ce 102-61
09:48 Jitender : bonee
09:49 Shai : 55 to 100 in 30600 pe
09:49 KK : nice
09:49 Shai : (09:38) Shai : test of 39680n still due- may attempt thatb short again
09:49 Manish : 30.9ce 66 to 30 booked
09:49 Boppanna : half out
09:49 Jitender : Shai..pls also share the trades u take…
09:50 Jitender : coz yr view is imp
09:50 Shai : will do
09:50 Jitender : +1
09:51 Sai : 30650 BNF
09:51 Uttam : 30720 IS on 5mins
09:51 Uttam : anpve that 30775 ref
09:51 Uttam : weak if remains below 30675
09:51 Amit : 12050 pe 58-70
09:52 Boppanna : b hypo not done IMO until below 725
09:52 Jitender : congo BoPs n Amit
09:52 Shai : (09:48) Jitender : 34.8ce 102-61(09:49) Shai : 55 to 100 in 30600 pe(09:49) Manish : 30.9ce 66 to 30 booked(09:49) Boppanna : half out
09:52 Shai : (09:51) Amit : 12050 pe 58-70
09:52 Shai : so good to see
09:52 Shai : everyone same plate
09:53 Boppanna : +100
09:53 Jitender : yup
09:53 Amit : & 31000 PE 270 to 375 .. thanks shai and jit
09:53 Shai : 30570 F trghe other buyer of yesterday
09:55 Boppanna : Thats where OF helps a ton even when we took the exit cos of SL hit we could see what was happening above the ref and move on to the next trade just needs some time to assess the auction for ur next trade
09:56 Boppanna : done over and out
09:56 Shai : 30575
09:56 Shai : get inti 39500 pe is 30570 goies
09:56 Shai : we shoulkd see 30480/ 30410
09:59 Uttam : ORR in BNF
10:00 Uttam : (09:35) Uttam : 30857 imp ref(09:35) Uttam : trend day vwap of that july profile
10:00 Uttam : Trend Day VWAP so important even after months
10:00 Amit : +1 uttam
10:00 Jitender : vwap …..
10:01 Jitender : 603–683 dne
10:01 Uttam : though overall structure is very bullish in BNF
10:01 Uttam : we have a monthly FA in it at 30052
10:02 Uttam : Shai, any chance of 32k in BNF by this year end?
10:03 Jitender : abv 30.8 spot 31.5-7 & ten yr 32
10:03 Jitender : sustaining
10:03 Uttam : +1 Jit yes 30801 spot needs to be taken out on weekly closing basis
10:03 Jitender : ys
10:04 Uttam : NF still an OAIR
10:04 Uttam : Azmath taken control of it looks like
10:04 Jitender : C baki hai
10:04 Uttam : low of yPOC
10:04 Jitender : pos tst Azmath
10:04 Jitender : tat
10:05 Shai : Intra – Short BNF 30650 sl of 30770 tgt 30410. Trade 50% size only
10:08 Shai : 30605.reduce qty here and sl at cost
10:09 Shai : getting fast again
10:09 Shai : stay here
10:10 Jitender : 600 has RB Shai ?
10:10 Jitender : 17k green at lows
10:10 Shai : that old buyer of 30570
10:10 Shai : if he goes we open up 30410
10:10 Jitender : k
10:10 Shai : though can see 30300 Falso
10:10 Jitender : k
10:10 Shai : (09:53) Shai : 30570 F trghe other buyer of yesterday
10:11 Jitender : +1
10:12 Jitender : abv 675 sustain….can do 780
10:12 Uttam : 307675 / 30720 / 30775
10:12 Uttam : 30675*
10:14 Niraj : @ Uttam sir- FA theory coming in play
10:15 Niraj : can we say
10:15 Shai : gone
10:16 Boppanna : Hmm Nifty 1.1Lk
10:16 Shai : Book full BNF 30577
10:16 Gaurav : hi, uttam/shai can you post the goto links on daily basis on #marketprofile slack, so as to access on mobile
10:17 Uttam : 20k buyer at 30576
10:17 Gaurav : as we cant copy the chats from here, it becomes impossible to do so ourselves
10:18 Gaurav : NF needs a refresh, both buy/sell side LLTs
10:19 Jitender : as said C baki hai…ext
10:19 Jitender : tere
10:20 Uttam : +100 Jit
10:20 KK : Is that a seller at NF 78 or Sl ?
10:21 Uttam : another Fa coming today?
10:21 Chandrashekhar : thise 95 K & 25 K buyers in Nifty?
10:21 Chandrashekhar : fresh ones?
10:21 Chandrashekhar : near 1980
10:22 Prakash : 110k Seller @ 11978NF..
10:25 Chandrashekhar : @Prakash you mean he is booking out?
10:27 Jitender : 30.6pe 160-109…job fr the day done
10:27 Prakash : seems a Stuck seller or IS
10:27 Prakash : is it correct @Shai
10:28 Sabarish : charts not working
10:37 Shai : Intra- Buy NF 12003 sl of 11975 tgt 12040
10:38 Shai : BNf also for test of 30750 again
10:41 Niraj : seems maket mayy move low
10:46 Azmath : Uttam is this slowly trending down ?
10:47 Azmath : below 982.. more pain
10:48 Boppanna : Azmath could grind till 1pm if D doen’t make a new low IMO
10:48 Shai : RB is there
10:49 Shai : trend lower done on the test
10:49 Shai : whilst we were focussed on the BNF , the NF has quietly tested the 11980 mark
10:49 Shai : that RB seen there is good
10:49 Shai : And shopuld take it to 12023 plus
10:49 Shai : we will come out if 12023 is not crossed
10:50 Azmath : +1Shai
10:50 Shai : This was the plan at the close yesterday-
10:50 Shai : 15:27 Shai : One test of 11985 pending tom15:28 Uttam : yes Shai which is why carrying the eekly 12k PE15:28 Uttam : will exit at open tom on that test15:29 Shai : will trade with 12100 ce Nov 14 if 12033 is crossed
10:51 Sunny : Shai what does the short term trend look like over the next week?
10:51 Sunny : And do we have any open positional trades ?
10:51 Shai : 11960 sl for 12100
10:52 Shai : we are not putting postional trades in ABC format any more- people get confused with intra day and positional views
10:52 Shai : focussed entirely on using the opportunities of intra day swings
10:53 Shai : 15 is the big buyer in 12000 ce- he will have stops under 11
10:54 Shai : 22 and 32 are his tgts
10:54 Sunny : Sounds good Shai.
10:57 Azmath : IBL getting defended
11:02 Niraj : sir pls share posiitonal too
11:03 Shai : Also vwap there
11:03 Shai : that buyer had the right idea there location was 3 poinst early
11:06 Boppanna : Shai BNF Upper Boundary for expiry?
11:18 Shai : 30850
11:18 Govind : NF whipsawing between the 2 vwaps.
11:18 Govind : for the last hour or so
11:18 Govind : either side needs a break, IMO
11:25 Shai : gatheed enough RB to challenge vwap again
11:25 Shai : should push beyond 12016 on this coming test
11:25 Govind : +1 Shai
11:27 Boppanna : That buyer below vwap Shai mentioned looks like exited in this drop at 988
11:31 Boppanna : Uttam needs to push BNF past 675
11:31 Shai : yes his location was wrong
11:35 Psandeep : In 30 mins, day cot is removed?
11:42 Jitender : spike time cometh
11:43 Shai : 12007 –
11:44 Shai : still there in Go To- (11:35) Psandeep : In 30 mins, day cot is removed?
11:46 Psandeep : ok. Thanks Shai.
11:47 Boppanna : That 30700pe needs to get below 160
11:58 Jitender : mkts in chutzpah mode……
11:59 Rajiv : HA Ha what is that JIT
11:59 Jitender : 🙂
12:01 Chandrashekhar : FM chairs Financial Stabilityand development council meeting in Delhi
12:03 Jitender : cuttn all positions…enuff prem eating
12:05 Shai : BNF
12:05 Shai : started
12:06 Shai : 30755 still doable
12:08 Boppanna : 30700pe nice drop below 160
12:09 Shai : little more – need better test – (10:38) Shai : BNf also for test of 30750 again
12:09 Uttam : 31k coming today Shai?
12:11 Shai : 30655 supp
12:12 Shai : come push for 12035 now
12:12 Shai : literally egging the NF along today 🙂
12:12 Shai : These option writers kill the game every thursday 🙂
12:15 Shai : Aggressive buy- Buy BNF 30670 sl of 30560 tgt 30850
12:16 Jitender : wat do u see chief ?
12:17 Shai : test of day highs
12:17 Jitender : no i mean for Aggressive thingie ?
12:17 Jitender : any vols at vwap fr tat ?
12:18 Shai : no – 30720- 40 still a minor issue
12:18 Jitender : tx
12:18 Shai : Abv that clean sails
12:18 Jitender : k
12:20 Prakash : charts gone
12:20 Shai : ?
12:21 Prakash : 5mins
12:21 Prakash : or issue at my end..?
12:21 Shai : charts fine
12:22 Prakash : yes back now did a reffresh
12:29 Shai : BNf exit longs
12:30 Manish : 57k greens there dpoc
12:33 Boppanna : watch that 570 -590 band now
12:35 Jitender : chck timimn at my 12.03 statement
12:35 Jitender : saved mtm
12:37 Shai : +1
12:37 Shai : tough for the last longs
12:37 Shai : 12005 showing rejection
12:38 Shai : NF exit all long
12:38 Boppanna : SHai BNF 410?
12:39 Shai : yes may go below
12:40 Jitender : Dl done ?
12:44 Jitender : 530 needs to be conquered n sustained
12:44 Boppanna : Jit IMO still some more to go Still Uttam b hypo targets not done
12:46 Jitender : lets c …..
12:46 Chandrashekhar : 11970 is the RO point Shai?
12:46 Jitender : small longs…with 450 SL
12:46 Boppanna : that green right at PWH
12:48 Shai : looking to short 11950 pe once 20 breaks
12:49 Jitender : Sl now at cost+brk
12:49 Boppanna : If fails to get past 5790-590 then one more new low IMO
12:50 Jitender : 620
12:50 Shai : 12005 may be tough again
12:50 Jitender : half book at 567
12:50 Shai : tgt 12/ 0
12:51 Manish : shai any specific reason to short below 20?
12:51 Manish : 950pe
12:51 Shai : was unsure of the volume there
12:52 Jitender : 1/3 more out at 602
12:52 Jitender : now SL at 560 fr bal
12:52 Shai : dowjn to 11- (12:48) Shai : looking to short 11950 pe once 20 breaks
12:52 Shai : looks like a shakeout
12:53 Boppanna : Perfect paly Jit
12:53 Shai : +1
12:53 Boppanna : *play
12:53 Chandrashekhar : bounce from that ROpoint exactly
12:53 Jitender : full book at 640
12:53 Jitender : jakhhas
12:53 Shai : perfect- (12:40) Jitender : Dl done ?
12:54 Jitender : tx guys
12:54 Shai : I was going to go out for coffeee, you brough me back _/\_
12:54 Jitender : 🙂
12:54 Jitender : same algo wich started sell from 700…gt it back…FII
12:56 Chandrashekhar : Shai upper levels for Nifty please
12:56 Jitender : 850+
12:56 Jitender : abv 730
12:57 Shai : 12055 if crossed 12117
12:58 Jitender : 710 again :)…same algo
12:58 Shai : +++
12:58 Shai : Huge
12:58 Jitender : sumtimes grey hairs help
12:58 Jitender : not tat m old 😉
12:58 Jitender : 729 so far
12:59 Psandeep : haha…congrats
12:59 Boppanna : Jit tops the class again 🙂
12:59 Jitender : nah bhai…just happy to be here
13:00 Prakash : What a move @Shai..
13:01 Shai : ERxpiry trade- Buy 12050 call at 6 sl of 0 tgt 17/ 34
13:01 Jitender : see all retail wud be going long at every lvl…and sumone just cleaned tem both ways
13:01 Sai : will BNF kiss 30850 @shai sir?
13:01 Shai : yes
13:01 Shai : sl of BNF again 610
13:02 Shai : same trade
13:02 Shai : Any ideas how many of the pe writers at 12000 got criusged there
13:02 Govind : Nov712k CE from 15.9 to 35; 11950PE from 25 to 11 (loss); Nov14 12k CE from 76 to 91
13:02 Jitender : china us agree to lift tariffs in phases
13:03 Govind : Nov monthly 12k CE still holding
13:03 Govind : Day’s job more than done
13:03 Govind : Thanks Shai, Uttam and everyone else who chipped in
13:05 Jitender : tx Psandeep
13:06 Boppanna : SPX spikes
13:07 Jitender : 13.02 news posted
13:18 Manish : 12k ce has shed OI but still not convincingly. Once they start covering it will shoot else back in the zone
13:23 Shai : 12050 call is for a shot at neuttral extreme today
13:23 Shai : should come by 2.40
13:31 Jitender : 30.7pe 130-88
13:35 Manish : Shai one request. pls make the TrainingLib available for existing users as well 🙁
13:38 Shai : will be available to the entire room evenutally
13:39 Shai : for now allow us some time to do a cleaning act- we have to take out some weeds which have come
13:40 Shai : if you are here to learn- will provide all support to hasten your learning
13:40 Shai : but this is not a place for people looking for tips
13:40 Shai : we hav to clean them out
13:41 Prakash : highly appreciate your kind support @Shai eagerly looking forward to it
13:41 Prakash : have committed this year to learn per ur advise
13:42 Shai : _/\_
13:42 Shai : +1
13:42 Uttam : +100 Shai
13:42 Shai : Allow your self time
13:42 Manish : +1
13:42 Shai : Like I say- most people oversetimate what they can do in 1 month in trading but underestimate the results in a year.
13:43 Shai : Allow your selves time
13:43 Shai : you will get there
13:44 Prakash : _/\_
13:45 Shai : same thing we do everyday for next one year- think where you can be
13:46 Shai : right practice done consistently will give you right results
13:46 Chandrashekhar : +Infiinity Shai…
13:47 Chandrashekhar : since my association with Vtrender has bought a significant change in my trades
13:47 Bhavani : +1 Shai.., We are with you.. We value much what you are doing for members..!
13:47 Chandrashekhar : still lots to learn
13:47 Shai : +1- so gald to hear
13:47 Azmath : +1 Shai.. all new guys in room need to have patience to learn and follow Shai. It will bring in huge difference in the way you trade.
13:48 Shai : Cheers
13:48 Bhavani : Though I am 3 months old.. I know that the ive not learned much.. But never cared about it.. since i know that it will take time..With effective guidance from Shai/Uttam and many other veterans in the room, I am confident that i shall pick up soon.
13:49 Gaurav : yes Shai, been here 2.5 years, still learning something new everyday
13:49 Shai : Nice
13:50 Azmath : More Important thing for all New guys, dont miss Shai’s Trainings. it is required to understand MP clearly.
13:50 Shai : +1
13:50 Shai : we have a webinar on coming tuesday – 8.30 pm – will announce via email also
13:50 Shai : Agenda is charts / discussioms/ trades to take/
13:51 Sai : great news
13:51 Shai : come per convenience
13:51 Shai : open house will take questiosn and have an open conversation
13:51 Azmath : Wow.. Thanks Shai.
13:51 Prakash : Wow, wonderful
13:52 Shai : if you can’t make it – no worries- we are doing lots more
13:52 Jitender : +100
13:53 Azmath : ye Dil Mange only weekly webinar 🙂
13:53 Azmath : *one
13:53 Azmath : like weely options
13:53 Azmath : wwekly
13:53 Azmath : weekly
13:54 KK : 12K pE OI hghest
13:54 Shai : Inshallah- will bet that done also
13:54 Azmath : _/\_ Thank you
13:58 Boppanna : Lets Go BNF
14:00 Jitender : boom
14:01 Sai : expiry call on the go
14:01 Uttam : 31k calling
14:01 Boppanna : Shai’s stop 610 and see that 11k red at 620 thats the bingo
14:01 Shai : neutral already
14:01 Shai : looking for extreme
14:02 Shai : A little early this move
14:03 Uttam : 30800ce writers need to start puking now
14:03 Boppanna : +1
14:05 Uttam : such a nice bell (3-1-3) in BNF but cannot close like this on weekly expiry so lets get a big spike 😉
14:07 Jitender : 780 minor resis
14:07 Uttam : 0s at top in NF & RS at 12053
14:07 Uttam : 56k red
14:07 Uttam : 33k green in BNF at 30760
14:07 Uttam : 30725 sup again
14:12 Boppanna : 33k right at dvah and POC of the 5 min also there
14:12 Boppanna : BNF
14:15 Uttam : 13.5L is the OI in that 30800ce
14:16 Uttam : 8L added today
14:16 Uttam : in fact 10L added today
14:17 Uttam : above 55-60 that OI can start quickly coming down
14:17 Uttam : was written again in the bouce to 50 sometime back
14:20 Uttam : completing the bell
14:20 Uttam : 30630 tag
14:21 Prakash : @Shai any visibility on expiry levels
14:22 Shai : little more vol needed at 12035
14:22 Shai : fpr a move higher
14:23 Shai : let”s see if they lock it at 12035 for 15 mins
14:25 Shai : Nf is a buy 12020 sl
14:25 Shai : potentail tgt 12080
14:28 Jitender : sq up all….
14:28 Jitender : last hr
14:28 Jitender : *squaring up my pos
14:35 Uttam : Done (14:20) Uttam : completing the bell(14:20) Uttam : 30630 tag
14:35 Gaurav : index managers back in full swing
14:36 Jitender : timing 🙂
14:36 Govind : NF doing the same thing Uttam?
14:37 Uttam : if 12020 goes then possible
14:37 Govind : Ok thanks
14:37 Govind : Hearing about midcaps being up after a long time
14:40 Jitender : 30.6pe went from 19 to 76 n nw bck at 35
14:40 Jitender : theese algo’s mint money
14:41 Govind : They should be paying double in cap gains Jit; humans should get an edge here 🙂
14:41 Jitender : yh man
14:42 Govind : Chutzpah worked on the upside today bro 🙂
14:42 Jitender : i gt saved..by nt havn posiytions at certain times
14:42 Jitender : Govind 🙂
14:42 Boppanna : BNF looking like middle age man’s belly?
14:43 Shai : 12020 s for 12052 cmp 12031
14:52 Shai : sl 12030 now cost
14:52 Jitender : fr a change tey got it at pain lvl of 30600…f
14:52 Jitender : up n dwn but tere only
14:53 Shai : shifted
14:53 Shai : (14:23) Shai : let”s see if they lock it at 12035 for 15 mins
14:53 Shai : Any move noiw is the time
14:58 Jitender : algo
15:01 Shai : hard l;ongs for 12090
15:02 Shai : 12032 sl
15:05 Govind : 12051 is stubborn
15:06 Sai : charts missing
15:07 Shai : charts are up
15:07 Shai : exit
15:07 Shai : 12041
15:07 Shai : may be tom 🙁
15:10 Shai : carrying 12100 ce at 123 for tom
15:10 Shai : 28th
15:10 Jitender : +1
15:19 Govind : Bye guys, see u tomorrow.
15:24 Uttam : so BNF has managed to closed as a 3-1-3
15:24 Uttam : looks good for a big move tom?
15:24 Uttam : funny DD in NF
15:28 Shai : Neut ext
15:28 Shai : onlty thing 40 point missing
15:28 Shai : maybe a gap up
15:28 Niraj : what is 3-1-3
15:29 Uttam : its a profile type Niraj which has a nice balance in bwtween with rejections at both ends
15:29 Uttam : thanks All 🙂 have a lovely evening
15:30 Shai : Big guns at the close
15:30 Shai : Bye all
15:30 Shai : Have a nice evening