Breakouts in Nifty and BankNifty often fail, so an intraday trader needs to know whether buyers or sellers are in control. This session explains what an order book is, why the usual best-five bid and ask view is not enough, and what full-depth order and trade book data adds.
It covers buyer-initiated and seller-initiated trades, how they are plotted on an intraday chart in Quantsapp, and how to use them to judge the strength of a breakout or breakdown. It then walks through the steps for day trading Nifty, BankNifty and stocks with this data, and ends with a Q&A on volume versus buyer- and seller-initiated quantity.
What you’ll learn
He has been a programmer himself in 10+ programming languages. With 20+ years of professional experience in Research & Advisory he has also been one of the pioneers of ROBO advisory in Indian Market. He is a known face on business media for his take on markets and trading strategies
All 22 videos by Shubham →