 Hey everyone, very good morning. Hope all of you are doing good. So before I proceed further, can you guys quickly confirm can all of you see my screen and Hear my voice properly I'm actively monitoring both YouTube and discord so you can confirm me by using the chart option available at the right top corner in discord and live chart option in YouTube Can all of you see my screen and hear my voice clearly is everything clear? Yeah, thank you. Thank you, Manju and down for free. Thank you for confirmation All right, so before I begin a quick disclaimer Any information that I'm going to share on today's session is going to be an educational purpose only it's not for any buy or sell Recommendation sell recommendation, please go through thorough decision Go through thorough research before taking any further decisions because every single decision that you take here Are subject to market risk. Okay, so there is someone saying can't see on YouTube Okay, I think Just give me a moment Yeah, so from my end, I think everything is clear. I'm live in YouTube as well So kindly refresh ones to get the feed. Okay, so well, let's straight away get into the Chart and go through our regular process Just a moment So as we all know that we have a framework if you are attending our session on a regular basis we have a framework that We don't randomly take a decisions. We have a certain process to go through. All right, so Basically, I call it as a TLE. All right, so that means the first step is to identify that trend Okay, so in simple words if the market is making higher is and higher loss, right? So in terms of the price historically, so then we assume that Existing trend is primarily moving in uptrend and hence we look for uptrend opportunities or you know buying opportunities Similarly, if market is making lower lows and lower highs, then we will look for shorting opportunities And if market is moving or making a move in sideways market, then we will look for By low and sell high strategy. So the importance of identifying the trend is to Have the context in mind that we in which direction we need to align So that is the basic step and once that is done. We have a second step, which is to Okay, so the second step is to identify the locations desirable locations first thing is that we identified the trend and second step is to identify the desirable locations in simple sense of basically support and resistance for intraday like previous day high previous day low and Initial one hour high and one hour low. Those are the levels key levels for us to monitor the price action So basically the identification of the level is very important because once we identified the trend we need to align with the trend by You know when market approaches to these levels, we will take a decision according to the existing trend This is the second step and third step is basically nothing But the core of the strategy which is entry and exit That's where we are going to utilize the information of order flow using the book map tool. All right So I hope this is clear to you first thing is to identify the trend second Second step is to identify the desirable locations and third step is to get into entry and exits just a moment entry and exit Yeah, so entry and exit using the bookmap chart. Sorry So I hope this is clear. Let's go through the process. So first thing is to identify the trend I'm looking at the nifty 30 minute chart since we are We are going to trade or we are going to use the opportunities in a very short period of time So then we are going to identify the primary trend in 30 minute chart All right So if you just look at the 30 minute chart, we can clearly see at the present moment This is a swing guy swing low swing and swing low at the present moment market is making lower lows and lower highs So clearly it means that at the present moment the primary trend is moving in the downward direction. All right So although okay, so this is one of the context But if you look at the broader picture of the market, this is a very important information If you look at the market on a broader level From this point market was moving in the upward direction. And this is where we saw the reversal and As you can see it is breaking last All kind of supports, right? So this is this is one of the major support And presently market is trading at this particular level. Why this level is very critical? Let me explain you All right, so this Sorry, this particular level or you can call it as a zone. Okay Just a moment This is not a broker's data. This is a data that I'm getting from true data and The software that I'm using is a ninja trader. All right But after this we will move on to the bookmap chart. Don't worry So this zone is absolutely critical because you can see the importance of it from this point It has registered and same has supported again. That means it has acted as support support level polarity support level as well almost As in when market respects that particular level for more than more the numbers it respects then obviously the Significance of this kind of zones or levels increases. That's why at the present situation This particular level is going to be very critical level. All right. So in that sense Considering the present existing trend moving in downward direction. All right. So until unless market stays below this level below 18,000 18,030 level We may look for a short trade but On an immediate note basis. Okay on an immediate note basis The sellers were unable to trade the market below previous day low So that means either a sideways market either a sideways market or the break up this particular level can bring further Up momentum in the market or we can simply look for the shorting opportunities when market again approaches to This particular level 18,030 level is where we can look for the shorting opportunities provided by the information of order flow That I will be explaining in the later section of the session Okay, so this is basic context once this context is clear We need to identify the in the second step. We need to identify the immediate key levels for the market Okay So in that sense this zone as I said 18,030 to 40 level is going to play the critical role and immediate Support and resistances that means the previous day and previous day high and previous day low and Today's low is also almost near to previous day low. So that's why I'm not changing anything over there These are the key levels where we can monitor the projection. Okay, so I hope this context is clear Until unless price sustains below this particular zone, we can look for shorting opportunities Especially at this particular level if the market approaches here and if it provides a certain signals Then we can look for shorting opportunities by immediately targeting the previous day low This is one of the context if market is spending more the time without coming down from this particular level Then we can also look for a long opportunities provided with certain patterns, which I will be explaining in the later section Okay, so I hope this context is clear to you entry and sorry not entry so basically the trend and uh Key levels for nifty and for bank nifty. Okay, so let me delete this For bank nifty. It's looking at different scenarios. So let's zoom in a bit and see So in terms of the trend and no doubt that at the present moment market is making lower lows and lower highs So in that sense market is presently trending in the downward direction. However Just a moment So here The previous day low was clearly rejected. All right, so So the initial sellers who entered here in this particular candle were unable to trade the Or we're unable to push the market below previous day low and hence We can also look for a long opportunities here in terms of the bank nifty, but The break of this particular level will be the further confirmation to go for long trade But until unless uh until price sustains below this particular level, we can look for shorting opportunities What is this level? This level is nothing but the Previous day high. So this is one of the key levels. So just a moment the previous day high So until price sustains below 42,330. Okay. So this is the level 42,330 We can look for shorting opportunities Even if we get some signals by using some patterns over here if if short short Kind of trade opportunity occurs here, then we can also look for shorting opportunities But if market sustains above previous day high Then our you know initial view negates and we can look for long opportunities instead of shorting opportunities in bank nifty as well And immediate key levels to monitor the price action is The Today's high. So I just want to keep the level 41,640 and 41,000 42,310 roughly 42,310, which is previously high and immediate Swing which is at 47,000 42,727. So these are the key levels for bank nifty In either cases, we have same kind of context. So basically being nifty We want the price to sustain below 18,030 to look for any shorting opportunities Similarly for bank nifty, it has to sustain below 43,000 42,320 So if price sustains above these levels in both the scripts, then we look for long opportunities I hope this particular context is clear to you with this context We will move on to the Next discussion, which is basically how we can take entry and exits using the bookmap chart. Okay, so just a moment So this is the bank. This is the nifty chart. I'm presently looking at nifty Bookmap chart. So there are so many indicators. I can understand if there are any beginners Maybe you may get confused with this. So let me disable all these things and you know, give you the basic context of it Okay, so last sessions also we have discussed about different indicators by any chance if you are complete beginners I highly recommend that you you know watch out our last sessions to get some ideas about it But anyway, I will give you the basic insights of what these indicators are all about. Okay, so just a moment Okay so the moment you look at it we Immediately notice that there is a red line and green line That is nothing but the best bit and best offer if you open a depth of any particular in any particular script You will see the five depth information in the in our markets presently and the immediate Best bid and best offer will be historically recorded. So what it does with this particular information We will be able to identify the patterns within the candle. How so let me show you So if I enable the candle, okay, so if you go to the candlestick enable option So this is a 15 minute candlestick charts that I have enabled By just looking at the candlestick, we will we will be only looking at open High low close where the market opened where the market closed where is the high where is the low This is the four data information that we get but if you look at the bbo indicator So this nothing but the best bid and best offer indicator which shows us the structure that is been forming Within the candlestick. So this is one of the beauty of this particular indicator in that sense We don't necessarily have to wait for the confirmation of the candle We can immediately get into the trade by just using the bbo confirmation And then we can exit the trade also without confirmation of the candlestick So in that sense the delay that we get entry and exit delays that we get from candlesticks will be You know almost, you know eliminated in certain sense. So this is the benefit of bbo indicator And then immediately you notice that there is a green and red bubble Okay, these are nothing but the delta information. So delta in the sense basically At any given point of time there will be a market buy orders. There will be a market sell order So that's what makes the market move up and down. All right So for example at some point of time at some point of time at some particular price level assume that 10 market buy orders got executed And pi market sell orders got executed So this is nothing but the market buy this means the market sell market buy market Sell market buy minus market sell is equal to delta So at that particular point of time and at that particular price level five is the delta So the green indicates the green bubble indicates at this particular level there was a Buy orders executed market buy orders executed and also the immediately thing that we can do with the bubble is that We can say it as a dot. So you can enable this going to the studies configuration information and volume dots So you can change the size of volume dots here It gives us the relative difference also. So for example, let's say this is also the red bubble And here also we have the red dot and if you compare both, all right So you will be able to see that this bubble is bigger in that sense Even though the both levels the sell orders got executed market sell orders got executed More number of sellers executed the market sell orders at this particular price level That is the information we get to see immediately when we look at the information of dots, all right So similar goes with the green as well So basically green bubble indicates a market buy orders presence of market buy orders And comparison of it will tell us that where the maximum number of buy orders got executed So don't worry how to use this information. You will get to know that eventually after this particular discussion So once this is clear to you, then we have a you know this yellow line So this is nothing but the point of control. How do we get it? So calculation of it is very simple point of control is a price level Where the maximum number of orders getting placed Transaction are taking place at that particular point of time. So for example, when market opened maximum number of orders got executed at this price level And immediately that particular level got shifted to the lower levels and Until this point of time the poc was trading at lower level All right So point of control is the price level where maximum number of transactions are taking place in simple word It is nothing but the price acceptance so If the point of control is increasing consistently in the upward direction, then it means that Higher price levels are getting accepted Parallel so that means it indicates a healthy uptrend. All right, so Your primary opportunity you are looking for a primary opportunity at shorting opportunity in that sense If the poc is also aligning with your direction That's one of the good sign that you are present Whatever your thought process is that is presently working and also it is showing the intense of the point of control The price is getting accepted at the lower level. So as and when this happens Price will continue to trade in the downward direction. So I'll explain you that So how to enable this as you can see over here that the right corner. We have the volume profiles. Okay, so basically Volume profile will help us to see the accumulations where the maximum number of accumulations are taking place For example at the present moment, this is where we have the maximum accumulation And hence we have a point of control trading at that particular price level and similarly This is also this. This is where also we have a distribution and here also we have a distribution So basically it tells us in terms of the volume Relatively where the maximum number of waters are getting placed So in that sense point of control indicates the particular price level, but this shows us the profile All right, so when you go to the setting of volume profile If you go to the session wise volume profile, right click on it configure column And then there is an option to enable point of control Okay, you can you can change the appearance setting and everything based on the setting that are available over here So you can simply disable and enable it here. Once you enable it, you will be able to see the point of control Okay, so point of control again I want to repeat it helps us to identify the immediate change in the trend or immediate shift in the trend So if it is continuously making higher highs and Basically, if it is making a higher highs in consistently, that means it indicates a healthier Uptrend because it shows the acceptance in the higher level prices. All right, so I hope this is clear then We have something called as cumulative volume delta here. Okay so It informs are two important information gives us two critical information first thing is that as you can see This is a zero level. Okay And until unless the cumulative delta sustains above this particular level the software will identify it as a green color. That means buyers are Until this stage the buyers were strong Okay And after that sellers are taking control in terms of the orders. It is not in terms of the price So I want to recall it. It is in terms of the orders. How the cumulative volume delta calculated Let me explain you in a simple words. Okay, assume that It's an 18k level. Okay previous 18k level of the nifty where The delta okay delta nothing, but aggressive by aggressive cell. That's the difference of a difference between them So basically assume that at 18,000 level, there is a 10 delta 10 positive delta and similarly for next price level Okay, so for next transaction assume that it is around 15 Minus that means a negative delta So market sell orders are more in the next transaction So what it does? It simply summits or it is simply, you know, uh, uh, add the last value to the present value and make it as a cumulative Accumulative value. So 10 minus 15 minus five. So basically in this particular sense for the When there is a transaction of minus 15 so cumulative delta become minus five again It continues to happen Until when there is a new transactions are taking place in the market So that's what the line we are seeing. So basically if the cumulative delta is increasing Aggressiveness in the buying side is increasing if the cumulative delta is dropping That means aggressive interns of the sellers are increasing in the market. All right So the question here is once this is done. Okay just a moment How we can use the uh cumulative delta information basically, uh, like, you know, if you use the uh, if you Use the rsa and all so basically you have you have an idea that there is a convergence and divergence concepts, right if the price is sustaining lower lows and lower highs, okay So assume that market is making a lower lows and lower highs but The aggressiveness, okay So the volume information in terms of the cumulative volume delta it is making higher and higher lows So there is a divergence between the price movement and the cumulative delta So that's an opportunity for us to look for the trend reversal trades as well the main reversal trades Again, I would recall make sure that you are aligning to our context. So the first trend trend identification is absolutely critical and you have to Have this particular context in mind and with respect to that context you need to you know, play the game here So assume that if you're looking for a long opportunities and price was making a lower lows and lower highs and immediately you got the divergence between the price and You know cumulative delta. That's the point where you can look for buying opportunities. How you can do that So basically based on the pattern, okay So assume that in this case market is market has broken the last swing high and again it is making a shorter correction and break off the next swing is basically nothing but the long entry. So First thing is to identify the trend we identified the trend and we're trying to align with that particular trend using the information of book map tools All right. So I have explained cumulative volume delta and point of control and also bbo indicator dots And now I will be adding one more indicator and after that I will come to the You know entry and exit part how we can combine all the information and take the effective decisions So I will be adding an absorption indicator. Okay So absorption indicator is nothing but Okay, let me show you the setting and explain you so in that sense it'll be easier for you to understand Okay. So if you just go to the absorption indicator, okay The condition says this is the condition Okay, so that says if within 2.5 seconds, okay, so that's a default setting. I haven't changed anything over here If within 2.5 seconds 6608 quantities executed Then it will identify that particular price or that particular transaction as an absorption What it means for example, let's say market is moving a moving in upward direction immediately someone someone is placing Okay, someone is placing In this case it's 6606 and I assume that it's a 5k quantity. Okay 5k quantities market buy orders. Okay, they are the market buy order But the same orders got executed within 2.5 seconds. So that gives us a hint that Even though this 5k orders executed aggressively in terms of the market buy orders Someone is passively consuming those orders within 2.5 seconds You're getting the point It is happening at a same price level one particular price level within fraction of seconds Maximum number of orders are getting consumed. So that indicates a buyer consumption by order's consumption And the presence of passive sellers. I hope this is clear to you. Okay So the absorption indicator will help us to identify the passive activity of the market So that means every time there is an absorption The you have you don't necessarily have to get into the trend I will I will get into I will get into the information of how to utilize it But try to understand the concept if within fraction of second maximum number of orders are getting placed Then we will assume that as a consumption or a passive consumption of those orders If it is happening in the lower levels, someone is placing a market sell orders aggressively and There is a absorption indication. That means someone consumed those orders In terms of the limited buys. So presence of passive buyer. All right So this is clear to you. Then we have a setting. So let me quickly explain that to you We have two settings. Okay. So basically if you disable the automatic mode The section of this quantity will be open. So we can You know, let me say like 5,000 quantities. So in that sense, you can manually control this Or the better way is to automatically control it automatic mode Calculates it basically look for 30 minutes. That means it looks for last 30 minutes. Look back last 30 minutes and then It calculates the average value of the order that got executed in last 30 minutes. For example, assume it is five Last 30 minutes five orders is the average orders that got executed And it multiplies this by the multiplier that we have selected here five fiza five is equal to 25 So the 25 quantities will be You know, that will be given as an input to the orders here. All right So basically it is always recommended that you use the automatic mode because it changes from instrument to instrument When you use the automatic mode automatically This particular quantity will be adjusted to the according dynamics of the market. All right. So If this is clear to you, you can change all this appearance setting and all according to your needs. So basically absorption indicator will help us to identify the passive activity in the market So now comes the question how we can use all this information and take effective decisions Okay, so let me explain you assume that we are looking for a shorting opportunities. All right. Already it is 10 25 Okay, that means The initial one hour market is completed. Okay So this is where we have the high So this is where we have the high All right, so around 17 990 Okay, so this particular level is going to be a like make or break level for nifty at the present moment Okay, so let me once again show you the information over here that in terms of the nifty We know that we want price to sustain At least above this particular price level to look for long opportunities. However, by any chance if it is breaking Okay, so if you are a little aggressive, so we can also look for the Decisive break off initial balance high. So basically we call the first one hour as initial balance high If market breaks this particular level and also sustains Then also we can look for long opportunities at the present context and in that sense Okay, so this is the iv high and price is presently approaching to this level Two things can happen from this point onwards either market can break this particular level and it can move in the upward direction Or it can this it can false it can took the far It can take the false break from here and again The strong sellers may enter and then again price has to price will Sustain at the below level. So that is a second probability we have So ultimately we want to monitor the price when it approaches to this particular price level Once price approaches to this level how we can get into the trade. This is this is an important point here assume, right Just a moment. Let me disable the candlesticks. Okay, so at the present context If the bbo indicator breaks this, okay, that's a condition number one That's a trigger number one and after that assume we got in most of the cases we get as you know options, okay, so that means Presence of passive seller in most of the cases. So if that happens and if price again falls back, okay, but price resist to break or resist to sustain below this particular level and then again breaking of this particular level can be the Best point to get into the trade for long trade. Okay Long trade opportunity break pattern formation and again for the break of this That's how we use the absorption indicator in most of the cases because see as I said whenever there is then presence of absorption It indicates a you know presence of passive buyers or passive sellers But we want to combine that information along with the price activity as well So price confirmation along, you know price confirmation followed by Absorption is very critical if that is happening then that is a condition for us to get into the trade. I hope this is clear Break of this and again a pattern formation a short pullback and again the break of this particular level in terms of the bbo indicator Can be our entry trigger point number one So where we can keep our stop loss When this trigger happens the immediate last swing blow can be our stop loss if it is followed by the passive You know the passive buying absorption Okay, provided with a passive buying absorption Then that is a best point or best price level to Keep our stop loss just two or three point below that we can keep our stop loss And we can also use the absorption indicator to trail the stop loss. Okay. So how we can do that once you have taken an entry and if the If the trade is working in your favor and if it is making higher s and higher loss in terms of the bbo indicator, you can simply trail your stop loss whenever there is an absorption Whenever there is a passive buy absorption. So at any given point of time, you don't want that particular absorption to be consumed So you will Stay with the trend until unless there is a until when there is a formation of higher s and higher low symptoms of the bbo indicator All right. I I hope this particular point is clear to you if you have any particular question Feel free to ask in the chat box I'll be parallely looking into the questions Okay, so venu is asking venu. Yeah venu sir is asking what happened in 9 15 to 9 20 a.m. Okay So this is where we have Just a moment Let me enable the candlesticks a five minute candle stick Yeah So this is where we have the first five minute information. All right 9 15 to 9 20. All right See always understand when market opens, right? So there will be a lot of fluctuations a lot of Factoring in things that that's that that usually happens when market opens So in terms of the overall information of order flow, it is very clear that Okay First thing is that from here, we saw the passive selling activity But after that market registered that particular level and again it moved back and again we saw the passive selling But market again took those took that particular level and again it is making high rise and higher lows So in that sense consistently whoever is selling passively is getting trapped here Okay, so there was particular orders and most importantly after completion of right after 9 25 There was an immediate shift in terms of the point of control as well So the maximum number of orders are getting placed at the higher levels and price is getting accepted at the higher level So possibility of making you know market moving in upward direction is quite high in that particular Level and with this, okay, if you want to check at a specific interval level, then I think, you know Just a moment Then the footprint chart Which is which is recently introduced Just a moment. Yeah, which is very recently introduced will help us or will help you to understand What is exactly happening within a specific interval? For example, let's say you are looking for a five minute information, right? So if you look for five minute information, so I just changed time interval to five minute And let me zoom in a bit and show you The first five minute information Okay So this is a footprint information of the first five minute transaction All right, so as you can see this is where okay Footprint chart will help us to identify Where the maximum number of orders are getting placed for a specific interval because we have selected it as an interval at the present moment It's an interval Footprint five minute interval. It shows us within five minutes first five minutes where the maximum number of orders took place So as you can see in terms of the first five minute profile, we can clearly identify this is where I mean This particular price level is where the maximum number of accumulation happened Point one and second important point It tells us the or it it differentiates the behavior factor as well What is the behavioral factor of those particular orders? If it is green, that means more number of uh by orders more number of Market by orders got executed at this particular price level So ideally when market was falling and someone is aggressively buying the market, that means They might have I mean they they they have certain agenda behind it and as a part of it, right? So price follow-up is also very important when you look for order flow information Just not look for order flow information Combine the price always all right along with the order flow information in this case You can clearly say after completion of the five minute Price closed above this particular price level So that immediately immediate sense it indicates that Whoever entered aggressively in terms of the market by orders at this particular price level Is clearly defending the price and market is presently moving the upward direction in both of the senses It is it is indicating a positive side. All right. I hope this is clear All right So if you want a specific interval time information in terms of the order flow so we can look for Yeah, even price frost v-wap as well. That's that's also one of the Value addition point from venus or so If you want to look for a specific interval time information, then you can utilize the footprint charts and for immediate, you know information and immediate get in and You know getting getting in getting at getting out of the trades and identifying the swing guys and swing lows for that You can immediately use the absorption indicator And specifically poc you can also include it to identify the immediate shift in the market For example at the present moment, okay from this point onwards Point of control shifted to the downward level Which is a kind of a good sign for us provided that we are looking for a shorting opportunities. That's the particular price level So in this case When price approaches to this level as I said two things can happen one scenario I explained that it can break this particular level and we can look for uh buying opportunities Followed by this particular pattern But what if after this break If it again falls back within this particular price level and starts to accept at the below level So then we can also look for a shorting opportunities As I said they to eat the second scenario indicates a false break up ib high. So in that sense We can look for a double confirmation. For example, double pattern confirmation Let's say it's it's it break the price and there is an absorption and again. There is a pullback Again, there is a Immediate reversal, but it failed to reach the last high the last absorption level Instead of reaching this particular level. It is breaking the last low Then we can look for shorting opportunities. So this is where the pattern identification is also very important. We are combining both Price pattern and also the volume information in the entire decision making process I hope this is clear. These are the two scenarios that We can take decisions based on the price pattern formation I hope this is clear. Let's look into the bank 50 information once and Let's see what is happening. Okay. There is one more way of identifying the day high and day low. So there is an indicator called price level. Okay. So price level indicator will help us to Identify or basically mark the highest level of the day and the lowest level of the day you can see If I enable the lowest level of the day So this is where we have the low of the day, which is 41,650 and high You can see that from the market open. High is consistently changing. That means market is making consistently a progress in higher level. So This will help us to identify the immediate high and low of the day. Okay So that means at the present moment, this high is a very critical high for back 50 So around 42,200 level roughly Okay So here also I have added the both point of control and absorption indicator and cumulative delta. All right So similarly we have a copy of okay. So I want to explain this point as well So if you want to make a copy of bank nifty, so if you want to plot footprint chart in a separate chart, you can also Use the configure called instrument copy. So this particular Indicator will help us to copy the Same in same instrument in a separate window But for that particular information, you can apply different settings for example bank nifty, I have created a copy And here I'm using the information of footprint charts right Well, I hope this is clear if you have any particular questions feel free to ask Or if you have any questions in terms of the settings as well, you can Clearly ask that's that's the context we have I have experienced all the context and present information Any questions with respect to today's market scenario By the way, how many of you are already using book map pro version? Cool. Venu sir is using and Just a moment. I want to show you this as well if you visit book map or true data dot in that's a website for indian users These are the different packages and book map india pro is the present Package that I'm presently using and these are the advanced add-ons by default you will not get the add-ons When you download the software footprint and all will be automatically enabled but if you don't have a Configuration so for example, you don't have an absorption indicator You need to go to the configure add-ons and you have to add it manually So these are the downloaded files where you can download the files If you visit the book map india Okay If you visit book map dot com, sorry And here we have a knowledge base More knowledge base And in this go to the add-ons, okay And here we have all the advanced indicators again. For example, absorption indicator Okay, so if I click on that you will get the immediate information of what this particular tool does And then you have a download absorption indicator option here using this link You need to download the file and the same file you need to import here By clicking add and import option in the configure add-on option All right Cool mark and dea is using Proversion tool I hope today's discussion added value if you have any particular questions now it's time to Just a moment Yeah, if you have any particular questions, you can ask the questions using the chart option Satish is using cool Okay, someone is asking ninja trader will help Ninja trader is I'm using presently as a charting software. So I'm not using it as a broker So it's basically the charting tool that I'm presently using the data that I'm using to plot all these charts Are from true data. So true data is basically configured in my ninja trader and presently I'm using the true data information true data feed here Okay, so and this swing information. So basically if you press the control I The indicator option will be enabled in this You have to go to the swing swing option There is a swing So swing option will help you to identify the Projection swings the probable projection swings I think price is approaching to I be high in Bank nifty in nifty, sorry Let's see what happens when price approaches to I be high Meanwhile, if you have any particular questions, feel free to ask Okay, mark and yeah, good. Who is asking what is the parameter used to identify the swings? Okay, so This is the setting I haven't changed anything three is the strength that I'm presently using If you change this If you change this it will increase the signals If you increase it you will get the lesser signal So I am presently using three Liquidation indicator is not presently available for our market. So as you can see these are the these are the different indicators that we have presently Okay, so we're working on other advanced add-ons. So which will be enabled very soon Okay cool Okay, so and once again, I want to recall the overall discussion So basically we have discussed the tle framework where we identified the trend in the first place locations that means where Yeah, so locations is where We identify the support and resistance as immediate support and resistance previous to high previous to low and I be high and I below and then we take entry and exits based on a different indication That is provided with the bookmark tools. So liquidity marker, okay Liquidity markers at the present moment is not available because it it needs a Yeah, so it needs a level two data. So that's what we are presently working on and We will be able to cover that, okay We will cover that accordingly any further questions In chart range profile, you are getting crv. I'm getting CVP yeah, CVP. Yes. I renamed it mark and day is asking in chart range profile. Okay, so I think I renamed it Chart range profile So I'm chart range volume. So I have renamed it mark and day So basically it shows the entire range whatever the range that you have selected. So for that it shows the Volume profile information. So it's a session wise Okay, so for example right now, I'm only selecting this point particular This is the only range that I have in the present chart So it shows the immediate range profile and it shows the entire session. That means for today's session profile One session for all related settings. So which uh, which instrument you want me to explain I mean, uh, which indicator setting you want me to explain. So I will cover that If you mentioned specifically If you want me to explain any particular Indicator settings, so I will try to cover it You can mention in the comments Okay, VWAP is basically I think you know about the indication, right? So basically it's an indicator volume weighted average price Uh, which I think most of us know but uh, how to enable this if you go to the studies configuration Okay, so then you have a VWAP option All right, so you can enable it from here and volume bars also you can include. So basically it shows the volume bars at the lower level And volume imbalances at the present moment. It is not available for our markets. And let me explain you the Footprint chart setting, okay specifically because this is one of the key information Which we get for a specific interval or a specific range Okay, so if you go to the configure add-ons, okay, so footprint chart So there are so many settings. I will explain you the I have conducted a separate session on it separately on all the settings, but I will explain you the few important, uh, uh configuration. So first thing is that Which type of footprint bars that you want to You know plot presently have selected it as time interval. There are four different options So basically time interval means for a specific time interval five minutes, 15 minutes, 10 minutes So basically it's nothing but the candles kind of a candle skits range in terms of the specific interval And if you go to the reversal, okay The footprint chart will be calculated based on the reversal of the ticks that you have selected For example, let's say market is moving in upward direction And you have selected as a 20 ticks that means For 20 points reversal, okay for 20 points reversal The new bar will be formed new bar. The footprint bar will be formed When you select the reversal in most of the situations, we don't use it and the range is useful because This is where like for every 20 points range right now the, uh, tick size that I have selected Okay, when you are subscribing to the new instrument, it will last for You know tick size, all right I have selected as one for Nifty and bank nifty make sure that if you are using a footprint charts, make sure that it is one so it will you will have, you know, Uh specified, uh and Clean chart actually So just a moment. Yeah Range 20 points means for every 20 points. It's a straightforward thing So for every 20 points considering your tick size is one for every 20 points moment in the nifty, we will get new Uh, you know, uh candle or new footprint chart If you select it as volume based on the number of volumes, for example, uh 50,000 if I give 50,000 When there is a 50,000 orders completion for a specific bar, then the new bar will be found, okay So ideally I keep it as time interval because most of the situations I look for a specific time interval and within that what is happening So for that information, I look into the footprint charts. So I have kept it as a time interval And 15 minute is nothing but the interval times Bar width is width of the bar. You can change it according to your needs. So basically the default setting I haven't changed. I think 80 is the default setting. I made it as 100 so that I can see the bars Uh, clearly So then we have a background type. So on what background on what basis the overall, uh, the calculation of the Footprints are taking place if you keep it as none. So you will only see the numbers data. Okay You can see numbers But the background information if you want a histogram, all right It only shows where the maximum it's kind of a volume profile straight away. It's a volume profile histogram Histogram delta plus and minus will differentiate. Okay, so this is where it considers the delta and it differentiates it. Okay, so positive color means presence of aggressive buyers negative color means a passive of presence of aggressive sellers Similarly, the diagonal delta. It's nothing but the delta information only but it shows the diagonal information you can see Earlier, we were only seeing the histogram But now even though it is a histogram it is showing the diagonal information. So Cell it indicates separately by it indicates separately earlier. It was not the case. It was indicating in a one particular Bar, okay, and then we have a histogram by and sell. So it's nothing but direct by and sell the direct calculation for a specific price level. This is a by this is a level This is not a diagonal diagonal calculation. It's a straightforward calculation And then we have a full background single color. So it's nothing but The block which shows us only where the in terms of the shades only we can identify where the maximum numbers are taking place in most of the cases, uh, I don't use it because Uh, it will not help me to identify the information on an immediate basis And then we have a delta plus and minus on a full bar It is useful But if you make it as delta histogram, uh, histogram delta plus and minus you will be able to see The profile along with that the color differentiations as well So that will help you to get the immediate lamps of the market the moment you look at it. All right So this is uh one of the setting and then other are basically with respect to it's basically the uh appearance settings so you can change the transparency and Right left align. So it's nothing but you can see what happens with it. So I request you to once again, you know, uh, if you have a subscription so go through the settings and, uh, uh, you know, make some test and trial around around it You will have a lot of ideas about these are nothing but the appearance settings. Then we have This is the background setting. This is a footprint setting itself. So what kind of footprints that you want to see? Bind to sell so nothing but the text information you can see at the present moment Left side, we are seeing the selling order information. Uh, right side We are seeing the buying orders information at this particular price level 1,150 orders got executed market, uh, uh, sell orders 1,400 market buy orders What how, uh, you know, how you want to see that information summation It shows us at this particular price level total 2,550 quantities got executed. It is not a differentiation of any, uh, market buy or market sell orders It's nothing but the number of transactions that happened at that specific level If you change it to horizontal delta Horizontally it will show us what is the delta. Okay. So basically it shows us the delta information So 250 is the net differentiation of the delta is this particular price level We can clearly see positive delta means buyers were active in terms of the aggressive way. All right And similarly at the last we have Diagonal delta as like, uh, we have in This background type similar to the diagonal comparison of You can see diagonal comparison of The delta. Okay. So there is not much of a difference here, but it diagonally compares the information of the delta Okay. So ideally I want to keep it as being to sell or horizontal delta Uh, basically buying to sell will help us to Identify both market buy and market sell orders quantities at the same time So then show text you can completely disable and enable the text information Text colors you can also change that Maximum font size so automatically this font will be adjusted. What is the maximum font size you want to keep it as So that you can give the input here Most important point is the tick multiplier. This is so important as I said earlier like when you are Subscribing to the new instrument you will be having the tick size information, right? For this we have given a tick size as one in that sense I'm multiplying it by three Three into one three that means for every three points of the movement of the market Three range of the market three points of range of the market. It will calculate the footprint information It's as simple as that if I make it as one it will only consider for one for you can see the immediate There is a change in the uh, the appearance of the footprint So it considers one particular tick and within that one tick what happened so that information will be plotted This changes from instrument to instrument presently for nifty. I'm using three or four so which gives us a A neat chart. So this varies from One instrument to another instrument every instruments are different So you can change this according to the visibility part if it is visibly clear then it's fine so for nifty three or four works And double of the nifty is for bank nap day. All right So I hope this is clear Yes, it's basically the order flow Price is still sustaining below 17,990 So that's that's the beauty of having the context in the initial stage So we are not doing anything at the present moment because we want a price to approach to a specific level Then only we will take a certain decisions otherwise It makes no sense for us to you know get in and get out of the trades Yes, it is possible if you are a immediate scalper and you have the context in mind For example, if you wanted to short whenever, you know, whenever you see the Passive selling activity you can get into the short thread immediately and you can capture two or three points So that's that's about the scalping But uh, it depends on an individual style. So I always recommend to have a Trend following style for example, let's say as I said We want to if you want to go if you want to look for a long opportunity We want price to break this level in the initial stage and a short pullback and a break up last that particular level will be the conservative entry point one And also we are trying to encash the maximum benefit from the You know prevailing trend. So I hope that is clear. That's why we use the context in the first place so always always stick to context and You know random decisions you can always take but always stick to context which will help you to Filtr out most of the unnecessary trades and save you the money All right. Yeah We have any questions feel free to ask I have another two to three minutes If you have any questions, I will try to explain it Yes, so as I was saying that you know, we are seeing a passive selling presence at the present moment market is at i b high In bank nifty. What about what about bank nifty? Yeah bank nifty still not Has reached the day high but in nifty it is already reaching the day high Let's see what happens after this is an interesting thing to observe and monitor. All right You have to identify absorption in order flow. Yes, you can You can go to the add-ons Configure add-ons enable the absorption indicator. This is nothing but the order flow information only so we will It will automatically calculated based on the orders that were executed So that the number that you are seeing here is nothing but the enabling by enabling the Yes that is today high is broken all right, so I hope today's session added value to you and you have learned something new today If so, why not to like this video and share with your friends so that it can also help them Thank you so much for your wonderful time. I strongly recommend you to watch all the sessions and attend all the sessions so that we learn and grow together With our dynamics of the market on every week on monday, we will be having a session at 10 to 11 a.m so Once again, thank you so much for your wonderful wonderful time and see you in the next session until then take care. Bye. Bye. Jai hand