 All right, so Very good morning everyone. Hope all of you are doing good. So a quick confirmation Can all of you see my screen and hear my voice clearly? Can you quickly confirm that by using the chat option and the live chat option in YouTube? Can you quickly confirm? Can all of you see my screen and hear my voice clearly is everything clear? Can use the chat option and Interact with me. Okay. Thank you. Satish shetty All right It's the moment Okay from discord. Also, can you guys quickly confirm? Can all of you see my screen and hear my voice clearly in discord? All right. So let's get into the subject. So once again, thank you so much and welcome back to the session of live a live analysis of nifty and bank 50 using book maps tool powered by through data a Quick disclaimer any decision that you take in trading our investment are subject to market So please take thorough decisions before taking any decisions please to go through the thorough research and then take the Effective decisions because every single decisions are subject to market risk. So let's quickly get into the chart and see what is happening So we go by different procedures. So by the end of today's session. I have planned to discuss about the new tools and new Indicators offered by book map as well But in the first step We go by a process. So those who are already attending may have, you know, may be aware of that particular process So basically it's a framework that we follow which is nothing but t l e. All right So basically identifying the trend Identifying the locations where we can get into the trade where the locations which offers us the less risk and bigger rewards and then comes the entry and exit situations for that We will be utilizing the book map chart by using a different indicators and by using the different tools that is being offered by Book map. All right. So first a piece to identify the trend So in simple words, it means that at the present moment in terms of the price Okay, in terms of the price where the price is primarily heading So if it is making higher rise and higher lows, then it is a uptrend then We try to align with this particular trend either by the pullback entry when price approaches to last supports We'll try to enter at the pullbacks or we try to enter at the breakouts when we have a confirmation of uptrend And similarly market is moving in the downward direction by making lower lows and lower highs Then we will try to you know anticipate or then we will try to involve in the market to short the market when there was There is a pullback or when there is a break off the swings in the lower side This is one of the way we anticipate the downtrend and also participate in it And then comes the third type of market, which is kind of a choppy sideways market All right So if the market behavior is sideways, then we will try to deploy a strategy where we can buy the low When price approaches to the lower range, then we will try to buy it And we will try to short the market when the market approaches to the higher level based on the confirmations that I will be Discussing in the letter section. All right. So if this is very clear to you Then comes the second step once the trend is identified which trend the presently market is moving So once that is identified, then comes the second step is to identify the desirable locations in simple words The nearby support and resistances since we are dealing with an intradit rate. So obviously it makes sense for us to look for a short Time frame support and resistances. So in this case, I am using a 30 minute chart So immediately previous day high previous day low, for example, this is where we have a previous day high and this is where we have a previous day low and The first one hour high and low So which we call it as a IB high and IB low or the nearby critical support and resistances for example for today's market Okay, let me just a moment So these are the key levels that we can monitor for today's market. All right, so I'll come to the part So in terms of the trend Okay, so in terms of the overall trend, we can clearly see that the market is making Lower lows lower highs. So continuously it is making a lower lows and lower highs, but On a broader picture, you can clearly see that on a broader note market is presently Trending in the upward direction from this particular level. All right with that with that confirmation We can clearly see that the present down moment, whatever we are seeing is a basically a counter move or correction move for the Healthy uptrend. All right. That means there is still a potential up move possibility. All right And as we can see at the present moment The overall market has moved in a decent manner in the downward direction on a correction move And in that case today, we are seeing a reversal sign kind of a reversal sign How I'm saying that basically as you can see there was a gap over here All right that gap was filled in the morning session and immediately The sellers who entered to or who tried to push the market in the downward direction Miserably failed in the initial hours of the market Basically the first 30 minutes and one hour is going to be very critical for intraday trades in that sense There was a clear rejection from the bottom end. So from this particular gap has clearly filled from the higher level And market is trying to move in the upward direction with that sense It make all sense for us to look for a long trades either at the pullback of last previous day low or The break of IV high. So this this will be the IV roughly Okay, so after 1050 will get the confirmation But assume that this is the IV high break of this particular level can also be the entry point for us to get into the Long trade. All right. So if this is clear to you, then let's move on to the next script that we have Which is Bank Nifty. All right BNF wise So as I have marked over here that the price was trending in the bracket, okay So bracket in the sense the sideways market till this point all right and How beautifully it has acted you can clearly see that market was in a range and after that it has broken out the range At this particular stage and there was an immediate momentum and then again It is pulled back into the last You know the last resistance in this case. It is becoming a polarity support over here Okay, so again market is trying to push in the upward direction So similar case here also that the market is in the uptrend clearly and it all makes sense for us to look for long trade opportunity even in the Bank Nifty, okay sorry and Let's mark out the levels. So basically the last previous day low is here previous day high is here and possibly Let me zoom out a bit just a moment So the good part of Bank Nifty is it is presently trading at kind of all-time high and We can clearly see the potential over here in terms of the overall potential. Okay, comparing to Nifty and Bank Nifty Bank Nifty seems to be little aggressive in terms of the long trade So basically the break of this particular level this high around 44,000 can bring a you know Good momentum in the upward direction the possibility. Okay, so don't worry about it If this confirmation we are going to get it from the bookmap chart. So basically, this is the context Okay, so in terms of the trend presently both Nifty and Bank Nifty are trending in the upward direction and hence we are looking for a long trades and second We also identified the immediate locations where we can look for the price action and then take the effective decisions Okay, and then comes the entry and exit So this is where things gets a little interesting with the bookmap chart here is where I'm going to utilize the bookmap chart Where we will see the order flow information and then, you know, try to anticipate try to participate in the existing trend so let me open it for those who don't know about the basic part of bookmap, so basically I'm disabling everything and Just quick note for you So this is basically the BBO indicator. Whatever you are seeing right now. It is not a price Price indicator, it is called as a BBO indicator What what I mean to say is basically the best bid and best offer Okay, so at the present moment if you if you look at depth of any particular instrument There will be a best bid and best offer So that will be historically recorded over here the advantage of this particular line or this particular you know Indicator is that it gives the structure as you can see market is presently moving in in some structure Okay, so we know what is the price structure and in that we will get the micro picture over here by looking into the candlestick For example, let's say if I enable the candlestick charts over here So as you can see this is 5 minute candlestick chart, okay Let me add a 15 minute candlestick chart We can clearly see at the present moment if you just look at the candlestick, okay We will we will be able to look at the open close high and low But if you look at the internal structure of it in terms of the BBO indicator, it will help us to You know identify the structure within the candle that is been forming. All right So you don't necessarily have to wait for the candle to completely Candle to complete to take a decision Even in advance advance only you can take the decisions because you know the internal structure of the candlestick charts So once this is clear to you, then we have Several other indicators. So let me disable the candlestick charts And I will enable the absorption indicator. Okay, I have explained about this particular indicator in many webinars This is one of the powerful indicator offered by the book map But just give me a moment. I think I forgot to explain this. Okay If I enable the volume dots, okay, so it will show us the buying and selling Volumes. So what I mean to say for example, let's say Each bubble is nothing but an indication of an executed orders Point one and point two if it is green that means the software is smartly bifurcating the market buy orders market sell orders Executed orders. Okay. So which tells basically the aggressive buy orders over here So I can see market buy orders here and market sell orders here if it is if it is indicating a red The moment you look into the chart, you will get two two important information. First thing is that where the maximum number of activities are happening. Okay, so If you just look into this Okay So you can clearly see Here also we are seeing a green bubble and here also we are seeing a green bubble, but You will notice that this particular bubble is bigger than this relatively So that relative comparison you can make out by using this particular tool that will help us to identify where the maximum number of Transactions are taking place and what is the behavior of those transactions in terms of the whether it is a market buy or market sell And third important thing which where the maximum number of uh, sorry where the maximum number of transactions have taken place So if you just look at the aggressive ways, you can clearly notice that this is where we are seeing maximum Okay, so this particular level is where We have so this is the bubble way which is bigger comparing to all other bubbles that we are seeing at the present moment So definitely someone aggressively entered the market in the buy side from this particular level Okay, so at any given point of time For him to be profitable side. Okay, so this is a critical point for him to be in a profitable side He should defend the price when price approaches to this particular level and again try to Move the upward direction. So basically this particular information also We can utilize for identifying, you know support and resistance in terms of the Volume set, but again, we don't use that particular information in this way, but this is one of the way. Okay, so just give me a moment So i'm just going to explain the absorption today and after that i'm going to introduce you to the other indicators as well Okay, so the first Useful indicator that is there in the system. Okay, so if you go to the configure add-ons There's something called as price levels So this is one of the useful tools for those who because see for our particular process Basically, the first step is to identify the trend and second step is to identify the location. So If you want to identify the definitive location, okay without Without error then price level can be one of the Powerful indicator. So how we can utilize this? So Let me tell you if you go to the book map chat book map Dot root at a dot in for pro version. You will get all this particular add-ons. Okay, so Cumulative delta this I have explained in the last session point of control I will explain to you today and we were correlation tracker absorption indicator right now. We are seeing a price level indicator So basically in simple sense what it does is that Let me enable the price level. Okay, so immediately the three level. Okay, so Higher price level for present range. Okay for particular present range Yeah So for present day, okay for present day, what is the hundred percent highest level? What is the high? Okay, and what is the mid range? What is the mid price of today's entire market as you can see that the present high is somewhere around here 16,620 and similarly low is 16,460 from the morning. Okay from this particular level the low is not changed That means there is an uptrend and prices presented training in the upward direction So with this we can immediately notice where the maximum Traded or the highest price level of today's market and similarly lowest price So I do I usually don't look into the middle price because that's basically the 50 percent of the entire range Okay, and then we have scheduled resets. So this is one of the useful tool for those Who use the shorter time period of time. So for example, let's say Scheduled reset if I there are two ways where we can schedule So if you don't schedule it, it will consider the day range the entire day range If not, you can also change this at every single time. Okay. So for example for morning 9 30 You want the reset to happen if you give the apply. So this will be resetted every 9 30 a.m. Every single day based on the time Frame or based on the presently it is it's a set at 5 30. So basically it's Asia Kolkata time frame So if you are in outset, so you can change this accordingly and There is one more way of doing it every okay So for every minute or for every hour for every particular setup period of a time also you can Reset the high and low levels. Let me show that to you. So if I make it as 15 minute So For every 15 minute this high and low will be identified. So this is one of the wonderful feature for Identifying where the maximum range is taking place. For example The first 15 minute. Okay. The sellers were strong sellers. Seller seems to be strong But after that there was a shift in the trend how we can say that the low remain constant until unless the low remains constant there is a Uptrend possibility. Okay. So this is also one of the way But roughly I don't use this particular for specific time frame. You can also do this for 30 minute or one hour you can change this accordingly, but If you just disable the scheduled result, so it will be identified for the day until unless okay for particular For today's market assume that the high is changing, but the low is being constant That means what the market is trending in the upward direction as you can see it is breaking the high And we can get into the last high And by keeping the stop loss at the low, this is one of the useful tool for you to Identify the price levels automatically and there is one more way of doing it. Okay, so let me show you that as well So for example, let's say we are monitoring this particular level around 43,980. Okay for sorry, it's BNF. Let's see the nifty. Okay. I be high is somewhere around 18,060 Okay, 18,650 So how can we mark that particular price level specific price level if you go to the add-on and price level you can custom the price, okay, so for example Assume I want 16,000 16,000 Sorry guys, really sorry just a moment 18,615 okay, 18,615 You can add the custom level And you can enable and disable that particular level Okay, I think this seems to be Just a moment Okay, so I think that's not presently working out. So let me check that. Okay, so Basically price levels is where we can you know monitor the present day high and low and also you can add the custom levels Okay, just a moment. Okay, let me check this out and get back to you So basically at the present moment we can use this particular indicator to identify the high and low And we can also add the custom level, but I will get back to you on it. So once I got the confirmation from the bookmaf team All right So this is one of the indicator that we can use to identify the price levels on a precise note and There is one more indicator, which is basically the instrument copy. Okay, so how we can use this particular Tool is that If you Subscribe to the same instrument. Okay, so for example, let's say true data and nifty If I want separate chart to monitor the time different time frame So if I subscribe this I will not be able to do it So instead how we can do this is that if you go to the add-ons and go to the instrument copy Okay, if you just click the create button over there The same copy of this particular instrument will be created separately. You can see nifty i nsc copy So that you can anyway unsubscribe and again create it multiple times. Okay So this will help you to monitor the price in a different price levels For example, in this case, you want to monitor the different tools of the same indicator Instead of absorption indicator, you want footprint separately. So that will be identified over here So you can monitor the footprints in separate chart You can monitor the absorption indicators in the separate chart So it's nothing but the tool that will help us to Monitor the same instrument in a different charts. Okay So if this is clear to you, then let's get into the subject where how we can get into and get out of the trend So again, I want to recall. So basically we follow the process We identify the trend we identify the locations then comes the entry and exit When comes to the entry and exit, there are several methods we you can utilize the cumulative volume delta Or absorptions information or also you can get the confirmation from the footprint charts All right the footprint charts So how we can do that? for example the ideal setup for getting to the trade is that When price is trading in the higher rise and higher lows, we can simply get into the trend The beautiful part of absorption indicator is that it will help us to identify the potential immediate reversals or immediate swings in the market on a precise note So basically you can clearly see that whenever there are absorptions. For example, in this case, there was an absorption And immediately there was a swing formation at this point And similarly there was an absorption over here and after that there is a formation of the swing So ideally the absorption point will help us to identify. So if you just look at the structure, there are random structures, but Followed by the absorption, it will help us to identify the precise possible precise, you know, kind of swings So that will help us to identify the micro structure of the price Once that is clear to you now, you know that you want to get into the trade how we can do that simple Either break off last swings, okay break off this swing where we can keep our stop loss last swing low where we see the absorptions All right And similarly whenever this particular price pattern is continuing in our direction, we can simply trial our stop loss assume Okay, assume after 15 minutes, you know that there was a strong reversal Okay, assume that after 945 after 30 minutes, you know in terms of the Gap filling there was an immediate reversal from the bottom end and you know that you want to take, you know We want to get into the uptrend in that Assume that you are getting into the break off last swing high And even though initial stop loss got triggered here and after that we got another entry and we can simply keep our stop loss As in when okay, so this is an important part. Let me explain you, okay Assume that you entered over here And again market is reversing by the absorption over here. All right And once market breaks this particular level again, then that's the trigger condition for us to move over stop loss Assume this was your entry and this is where you kept your stop loss initial stop loss And once the market breaks this followed by the absorption Then that's the trigger for us to move over stop loss and trial or stop loss To that level by reducing the risk or safeguarding the profits. All right So assume that you have taken an entry over here until unless the market breaks out here if your stop loss is over here Okay Until unless market breaks this level, you don't You don't do anything. So you simply keep our stop loss over there once this particular levels gets break So then you will move your stop loss to the last swing low I hope this is clear Just a moment all right, so basically the same price action patterns we can utilize but in the micro structure of this particular BBO indicator and also we can utilize the absorption indicator to identify the possible potential swings Okay potential swings and then we can simply anticipate the existing trend our main trend identification that we have identified in the first step and the decision that we take Here has to be the same. So we don't look for shorting opportunities Even though this particular structure is making lower or lower highs We don't look for a shorting opportunities because our initial step is suggesting us to go for long trades. All right So, I hope this is clear All right And if you are monitoring the price for example, let's say If you are monitoring the action in the 15 minute chart, okay If you just look at the candle You will only get the information of open high low close. All right But the footprint information will help us to identify the volume behavior within the entire 15 minute candlestick chart How we can do that? Okay, so just a moment Let me disable the volume dots And here is where we can identify it This is the footprint information. So let me see whether it is set for 15 minutes. If you just go to the 15 minute Yeah, it's a 15 minute footprint chart that we are presently monitoring as we can see this is where the data started and after that The first 15 minute candle Okay, so So refer to this this was the first 15 minute candle of first 30 minute candle up today Okay Let me make it as 15 minute Yeah So this is the first 15 minute candle All right and How beautifully this has identified if you just look at the Just a moment Yeah So the entire candle is suggesting the red. Okay, so basically there is a There is a selling activity which is happening in the first 15 minute But if you just look at the footprint chart, okay, so Observe carefully This is where we are seeing a maximum number of transactions I think let me zoom in a bit and show you so that will be helpful to you. Yeah I hope it's visible and Let me open it up a bit So the first 15 minute candle Yeah So 15 minute candle looks like this But if you look at the order order flow information in the footprint charts The first information that we get over here is that this is where the maximum number of Transactions are taking place and the beautiful part of it is that It is also by working the overall volumes that we are seeing here the entire profile This is where we are seeing the maximum number of transactions and most importantly those transactions were market by orders So this leaves us critical information that We are now seeing where the maximum number of orders are getting placed in the entire 15 minute And then we also seeing whether it was a market buy and market sell The next important question for us is that what will be the follow-up of the price? Assume that this was a downtrend entire first 15 minute was moving in the downward direction And this is where we saw the immediate market buy orders If they are a you know the if they are a trapped buy orders For example in this case someone is placing a limit sell orders We can clearly see that in that sense If the limits were strong if the opposite party were strong The price would have traded in the downward direction as a follow-through But in this case it is exactly happening in the opposite direction That means those who entered aggressively at the lower level were a smart players. All right. I want to repeat it First 15 minute chart only we are seeing the high and low in the overall 15 minute candle open I low close but if you look at the volume volume information by using the footprint charts We will be able to see where the maximum number of orders that are getting placed and what kind of orders they Once this is clear. We just have to see the follow-through it So after this if the internal structure the bbo indicator is showing a higher high higher Formation that clearly shows us the one who entered at the lower level as a aggressive buy order Where are smart orders? That's the reason why we are seeing the up more in the upward direction and how smartly Okay, so I also want you to monitor this Okay So this is where we have seen further Response from those same buyers over here the next 15 minute candle is where It was so much of strong buying activity that happened from the same exact cumulative level So this is one of the critical information we will get from the footprint charts as well So we can clearly monitor where the maximum number of orders are getting placed in the Time structure and after that where the How the overall volume is getting behaved? So Let me disable the candlestick chart All right So this is how we can utilize the order flow information now also Okay, so at the present situation If you just want to utilize this order information, so we are presently trading at the day highs, okay, so At the market present moment. So last 15 minutes This is where we saw the maximum number of orders getting placed and we know that this was a market buy orders So in this case the price has to sustain above this price in order to prove that the aggressive buys Who entered in this particular price level is much more convinced So if the price is instead moving upward direction It is making or if it is sustaining below this particular level Then the one who entered over here as aggressive buy may get into the trap Okay, so this is this is a critical information video We don't just rely on the information of order flow We also look into the price information and price follow-up in order to define whether The one who entered in the market whether it is aggressive or aggressive self Whether they are convinced or whether they are defending their positions or not. This is so important. All right, so This is clear to you All right, so just a moment Just give me a moment Yeah Um it's R is asking does the same logic for five minute charts to yeah the same same logic applies to five minute as well So if you just check this out so footprint charts five minute charts So you'll be able to see the five minute order flow information. All right, so Just a moment There is one more tool that I want to Introduce to you. So just a moment If you go to the session voice profile, okay, so just right click on it and configure column And there is an option called show point of control on chart Okay, so if you enable this This is going to help us. Okay. So this is one of the A wonderful tool to identify the immediate trend in the market. So basically what is point of control point of control Is the price level where maximum number of Transactions happened or the order got placed And if it is changing, okay, if it is changing in the upward direction, that means price is consistently accepting in the upward direction price is consistently making in the Making the progress in the upward momentum. So it's basically indicates the Immediate trend in the market as you can see at this stage. Okay So at this stage the point of control shifted from 18460 level to this level because The price is presently Trying to accept at the higher levels Price that means the transactions are taking at the higher levels People are ready to pay more for the market. So that means there is a demand in the market So point of control also we can utilize to identify the immediate trend in the market So So break off further this break off high We can simply trial our stop loss to the lower level So this pattern we can continue to uh, you know hold our trade until unless this particular pattern exists The higher rise and higher lows We can simply trial our stop loss as in when this particular confirmation We get from the chart and then we have a bank nifty charts over here Let me also make a copy of it So we have a bank nifty copy to See the Footprint chart information. Okay, so just a moment So this time frame of the footprint you can change this according to your price the uh your Time frame that you are working with some people will work with five minutes Some people will work with 15 minute. So but 15 minute will give the ideal 15 minute information will give us the ideal Information in most of the cases. So Unnecessary signals will be removed Well, I hope that is clear Okay, so let me recall a Recall our information so far. We have discussed about the time frame The framework TLE All right So where we identify the trend in the first place and then we identify the desirable locations in the form of Support and resistances previous to high previous to low then we get into the entry and exit part by using the order flow information of the Uh book uh book map chart. So basically we we we are going to use the bbo Indicator for identifying the internal structure within the candle And then we are using an absorption indicator over here to see the potential swings and then We participate in it just by just how we participate in the Candlestick price action information higher rise and higher low breakouts if it is in uptrend Then we we simply align this structure with the Initial trend and then we try to look for the break off the swings swing highs and similarly if we are looking for a short Opportunities break off last swing lows can be the entry trigger for us by keeping the stop loss at the last absorption where we saw the Uh absorption at the swing high in the last immediate swing high as in when this particular level breaks out Okay, this pattern continues to go in the In our direction, then we simply keep a keep our trailing stop loss active as and when there is a absorptions that happens Uh, then the breakout of Last swing will simply keep our stop loss All right, so I hope that is clear And there is one more indicator cumulative volume delta. So about this I'll be discussing in a separation in the uh in the next session. All right, so Any questions if you have any particular questions, feel free to ask Okay, Mitch is asking how to read the order flow information. Okay So in simple words So let me change it to 15 minute Okay, I won't again show you the morning example itself See entire 15 minute was trending in the downward direction But if you just look at the overall information of the volume The aggressive buys got into the trade at around 18,468 470 levels Okay, so this particular price level is going to play the critical role and we're going to monitor what will be the follow-up of the price so ideally The price should sustain You know from this particular level if the price is sustaining below That means the one who entered aggressively over here as a market buy order is getting trapped But instead market is moving in the upward direction So who has the courage to enter aggressively in the market? So who has the courage to enter aggressively in the in the in the buy aggressively when the market is falling And surprisingly after that particular consumption market is moving in the opposite direction of the first 15 minute That clearly shows the one who entered at this particular price level Is a strong buyer and when price again approaches to this particular level chances of So when price again approaches back to this particular level price chances of price again moving in the upward direction is quite high So we can use this particular information in order to analyze the behavior of the volumes And second thing we can also use this particular information to identify The immediate support and resistances for the market to take the reversals All right I hope that is clear. Just give me a moment Any particular questions? Any particular questions with respect to today's discussions you can feel feel free to ask in the chat option All right So for those who are in discord, you can use the chat option at the right top corner and similarly if you are in a youtube you can simply Use the live chat option. Okay. Mitch is asking a question Is there a way to identify strong demand strong supply and book map at the present moment the The information that we're getting is the level one data. So very soon we will be introducing a level five data So basically five depth will be included in that You know this this particular information. Okay, so supply and demand you can Immediately see where the maximum number of orders or the liquidity is there in the market So that will be introduced very soon So that level two data will be introduced very soon. All right, so always go by the framework that is very important because See when we don't have a plan in a specific manner or in a You know calculated way Then possibility of us getting into the random trades is quite high. So that's why we follow this particular process We don't directly jump into this particular chart. We follow this particular process First thing is to identify identify the trend in terms of the price And similarly we identified the locations where we can monitor our price action and similarly we use the You know few information few indicators I'm not using all the indicators only few indicators to identify the entry and exits. All right So following the framework will help us to sort out the trade and also you know, uh, not to chop our Not to chop out in the choppiness of the market So basically we filter out the trades using this particular framework Which is asking can I also access us data? Well, if that is in your package, we can do that All right So at the present moment bookmap india pro Will come with you can use it for mcx national stock exchange equity futures and cds both. All right To access the us market data. I think you need to go for a global package. I hope it is clear So let me show you the setting one so All these add-ons are not defaultly available. So you need to visit Bookmap Dot com and in this go to more knowledge base and go to the add-ons On the left side that whatever you are seeing over here here are the different add-ons based on your Package you can download it as we can see that footprint indicator Okay, so if you just visit the footprint indicator about that, we'll get the Idea like what exactly the overall information that we look into in terms of the footprint So that setting information and everything will be given over here And then you can simply go to the Download option. I think a footprint indicator is bi-defaulty available when you download the software, but assume that absorption indicator Okay so if you go to the installation once you go to the absorption indicator and go to the Installation you will get this particular link to download it So after the download you need to import it So if you go to the configure add-ons and click on the add Then whatever the indicator that you have downloaded you simply have to click on that and you have to import that to this particular add-on list So that's how you do it I hope that is clear. Let's see what is happening with bank nifty. Let me show you the setting of this. Okay, so just a moment Someone is asking. Yeah So here absorption indicator. Okay, so it basically shows us this is the default setting. I haven't changed anything over here If within 2.5 seconds 3829 quantities got executed then the software will identify that particular price level as a absorption, okay And there are two modes. First thing is a manual mode. Okay So if I disable the automatic mode manual mode will be enabled. You can change this particular quantity according to your needs So for the maximum orders quantity that can be placed in one particular order is 5000 for Nifty, okay If I do that it will only software will only show us When within 2.5 seconds the 5000 quantities got executed at a specific price level, then this particular level will be identified as a absorption and if it is in a buyer set, then it will identify it as a sell absorption by absorption that means it will be showed in the Red color and similarly if the if it is a market sell order, then it will be considered as a buying absorption Or sorry selling absorption. That means a buyer entry passive buyer entry. So that's Basically the indication here. So by default, I'll keep it as automatic mode. That means it Looks into the last look back into last 30 minute data And it will consider the average volume assume the last 30 minute average volume is 5 and sd multiplier is 5 5 multiplied by 5 is equal to 25 that particular number will be counted over here So this is a dynamic number according to the market dynamics. This will be changed So it is always suggested to keep it in automatic mode 30 minute make sure that the 30 minute of the market is completed to do it If it is not 30 minute, that means, let's say our market opening time is 915 and you are in 930 In that case, you can either do it in 10 minute or 15 minute. So ideally after 30 minute, keep it as 30 minute That will give us the You know most of the cases ideal absorption indication information So that's about absorption indicator setting And if you visit the footprint chart, okay, so I will show you what exactly it is. So basically about this particular configurations and settings I have discussed in the separate session, but Just I want to show you the setting what and all the setting that I have following for plotting this particular footprint I'm keeping a time interval. That means I'm looking for a specific intervals 15 minute Is the interval that I'm presently looking at Bar width nothing but the visual appearance of this particular bars We can clearly see that market is presently pushing in the upward direction. So Just a moment. I want to show you another information. So in this price level, there was much of an aggressive cells Okay, but price is trending in the upward direction. That means what That means what so someone who aggressively sold here Is getting into trap now because market is moving in the upward direction And similarly market primary direction is the upward direction Then definitely the this particular sign is a good healthy sign for any particular Long trade at the present moment. All right So Then we have a histogram delta plus and minus This is what the type that I'm using into calculation of the footprint charts And this is nothing but the color appearance shared. I'm doing it for changing the differences within this particular profiles Transparency you can change this according to your needs. I am going to keep it as 100% transparency Footprint chart by into cell there are four different types of footprints. So presently I'm using by into cell That's why I'm able to see Bison cells of the that particular price level. Okay, so you can also look into the summation of that particular price level information Yeah And then we have a horizontal delta. Okay, so it will show us the delta information. So that means for example For this particular case, there was 5800 different difference market cell orders were executed. So overall overall it was In that 7500 5800 is where the different difference of aggressive cell order. So that means aggressive cells were more in this particular price level So I by default I want to keep it as by into cell And then we have a maximum Font size. So it's basically the font size that you see over here Keep it as maximum. I haven't changed anything over here Most important point is a tick multiplier. So Whenever we are subscribing to the new instrument, okay, so it will ask for a tick size So there are different tick sizes that you can use. So ideally if you want to use the footprint chart Keep it as one. So it's a straightforward way of calculation And again if you go to the add-on over here, so I have placed as three that means Around let's say this is the 18k level. Okay, 18,000 level and when market move by another three points Okay, that why why three points you're giving a tick multiplier as three When market reaches to 18,000 three or 17,997 So the point difference we commit come to at three point level So that three point within that three points what and all the information that happened So that will be calculated and that will be displayed in the footprint charts So this again changes according to the instrument presently for nifty. I'm using three And for bank activity double of the nifty because it is trading a double of the double number of the nifty And hence I'm keeping it as six in terms of the price level monitors. All right So this is the basic setting of footprint charts that I'm presently following Which is asking what changes would I make in bookmark setting if we were to scan absorption Absorption is the indicator that you can use for immediate scale That means let's say, uh, but go by the framework that is very important market Entire trend is in the upward direction. So hence we are looking for long trades Whenever there is an absorption at the lower side. Okay, lower end You can immediately get into the trade By targeting the high this is more aggressive way of trading. I don't recommend this to any particular beginner If you have a hand on experience on a scalping, you can do this All right But try to align with the trend. Don't go again. It's the framework So try to identify the trend and trade according to the trend. It's as simple as that For example, this is where we got an entry and this is where we got an entry And you know, this is this is also this is where we also got an entry So immediate scalp also can be done by this, but it is a little aggressive way of doing it I hope that is clear Mitz so I hope this is clear any particular questions okay additional information Or indicators for options trading. See options trading is basically the derivatives, right? So once you know in terms of the futures or at the present moment We're analyzing the futures and you know where to get in and get out where it comes to the part of futures and simply you can Uh, you know mirror the same information mirror the same trade in options. So If you are a scalper immediate scalper then Option charts at the present moment is not available with book map. So we're working on it But for particularly if you want to trade, so then definitely you can utilize the futures data So that we're presently utilizing and you can same you can mirror the same information to the options chart But make sure that if you are in on buying side Always go with the net of the money or immediate in the many options If you want to sell the market, so then go for an atm or little extra out of the money to scalper the market All right context is important. Once you are clear with the context, you can play with the options All right I hope that is clear Okay, someone is gotten too late. What is this indicator? This indicator is offered by book map. So it's basically an order flow information. All right Green and pink numbers are basically the uh absorption indicator offered by book map All right, just a moment If you have any particular questions feel free to ask Okay, there is a question from uh, sobish is asking 955 some limit order showing footprint chart kindly show that time book map 955 you want to see the footprint chart of 955, right? Okay, if I Yeah 955 limit order showing footprint chart. Okay Kindly show that time book map order book Yeah, this is the order flow information of 955 And this is where the maximum number of transactions happened. This is the price level So and in terms of this round 955 means uh at this This particular price level around this particular range I hope this is clear. All right Well, so I hope today's session added value to you. You have learned something new today feel free to uh Ask any particular questions in the book map india channel also, uh in the discord We have a separate channel. You can you can be active over there Some active traders are actually posting the trades over there And thank you so much for your wonderful time and try to attend all the sessions or every week on a monday 10 to 11 We will be having a live sessions and we'll try to understand the market and the tools in an effective manner Uh in the live market. All right, try to attend all the sessions to gain the most of the knowledge So thank you so much for your wonderful time. See you next year. See you next week until then take care. Bye. Bye