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Order flow analytics is a methodology used in the stock market to analyze the flow of buy and sell orders for a specific stock or financial instrument. The goal of order flow analytics is to provide a more complete picture of market activity and to gain a deeper understanding of market sentiment and potential price movements.

Order flow analytics combines information from various sources, including market data, trade reports, and order book data, to create a comprehensive view of market activity. This information can include information about the number and size of trades, the type of orders being executed, and the timing and frequency of trades.

Order flow analytics can be used by traders to identify trends and market momentum, and to make more informed trading decisions. It is commonly used by institutional traders and algorithmic traders, but is less commonly used by retail investors.

Note: Order flow analytics can be complex and requires a deep understanding of financial markets and trading. It is important to exercise caution and seek professional advice before using order flow analytics for trading purposes.

Banknifty opened Gap Down and continuously moved down. In the last two days, it almost falls more than 1200 points. We can capture this move from nearly the top of 23000.

On the hourly chart, the MACD signal gave bearish crossover yesterday, and we saw a good fall in Banknifty.

Gann Box:

FNO Data:

Trade Plan:

The daily VIX chart shows the formation of Doji candles at the bottom and reversal. The daily RSI crossed the previous resistance level of 40. The MACD signal gave bullish crossover suggesting bullish move in VIX. So the daily chart shows the possibility of VIX moving towards 28 levels in the coming days.

The weekly chart shows the formation of wedge and reversal from the bottom. VIX may move towards the upper wedge line @ 29-30.

So VIX suggesting the bearish mood of the market and hence the high possibility of fall in Nifty-50 and Banknifty in the coming days/weeks.

VIX Gann Box:

The daily Gann Box shows a reversal from the mid-zone of time factor points. The next time factor date is Jul-21. So will VIX continue to move high till Jul-21 or it will reverse from angle point? Wait and watch.

Using VIX to spot Intraday Reversal on Indices:

Recent examples of trade captured by me with this method:

PVR: CMP - 1047.10

NIITTECH: CMP - 1592.90

MCDOWELL-N: CMP - 636.10

JINDAL STEEL: CMP - 169.15

Banknifty did all our targets below 22700 (22500 & 22350). Low made was 22320.

VIX:

FNO Data:

Trade Plan:

Banknifty opened above 22700, our level for long entry and completed target of 22900. It was rangebound throughout the day between 22700 and 22900. Only in the last hour, it moved sharply towards 23000 levels (top made was 22998).

Banknifty opened Gap up @ 22700 and then achieved all our bullish targets of 23900/23000. But the upmove was very choppy and looked like a terminating pattern and was not easy to trade. So I did not take a trade on the upside.

Gann Box:

Gann Angles:

VIX:

FNO Data:

Trade Plan:

Banknifty gave first trade today. It corrected on the downside in the first hour and consolidated for the next 2 hours before it gave sharp upmove and completed our targets of 22450/22550 and almost done 22700 (top made today was 22674).

FNO Data:

Trade Plan:

Hi generating monthly income from trading and investing requires discipline and skill.

First of all, create a trading system that has good risk reward and also has decent accuracy.

make sure that out of 10 trades you take using a system at least more than 5 should be in your favour. and Risk reward is greater than 1:1.5

be more discipline and learn to accept mistakes and you will definitely succeed.

We conduct a lot of free seminar on explaining how to create a good system for consistent profit you can contact my team and attend one such free session to learn more.

www.purpletrades.com

I hope this will help you

cheers