A summary of the analysis and trades taken in the Vtrender Trading Room on Friday- 10th May. Vtrender for real time charts, live analysis, commentary, live trade alerts and much much more

1. www.vtrender.com
08:55 Vtrender Live: 30 min charts - https://global.gotomeeting.com/join/855622501
08:56 Vtrender Live: option charts - https://join.me/196-503-267
09:00 Shai : GM all
09:00 Shai : https://vtrender.in/market-profile-analysis-dated-9th-may/
09:10 Shai : yesterday’s ref line was at 11375 and we broke lower through it
09:11 Shai : FA at 11397 is also supply
09:17 Shai: trifecta selling at hi8ghs
09:26 Shai: weakness flows back if 11330 is taken out
09:26 Shai: else rotates
09:26 Shai : for BNF also watch 29050
10:17 Shai: NF mostly in yesterday value
10:17 Shai: more of locals in trade today
10:48 Shai: market has a weak little bid from the open
10:49 Shai: attempts made to keep it up
10:49 Shai : that buyer at 11299 was a classic e.g.
10:50 Shai : 11375 test is due
10:51 Shai : see this also - (10:09) Shai : BNF for 29125 again
10:51 Shai : Minor things in the OF we can note
10:52 Shai : Not great trade location if you ask me
10:52 Shai : so am staying off with concrete trades just some nibbles here and there'
10:52 Shai : we may get some good opportunity post 1 pm today

2. 10:52 Shai : till then stay fresh
11:12 Shai: Intra - Buy BNF near 29130- 135 sl of 29045 tgt 29289
11:13 Shai: nice greens in the OF in BNF
11:15 Shai: 11372- (10:50) Shai: 11375 test is due
11:16 Shai : If in BNF book out at 29180 cmp
11:16 Shai: 36K reds came
11:17 Shai: see how OF makes the reading so simple
11:17 Shai: but have to be quick and active
11:32 Shai: Buy small size 28700 put at 140 sl of 120 tgt 200. Aggressive contra trade
11:32 Shai : 16th May
11:33 Shai : working on an FA on the 35K reds
11:33 Shai : RR is good and 125 - 135 a very big supp in that PE
11:33 Shai : trade better below 29130 F in which case we drop fast to 29050
11:34 Shai : real money only if 29050 breaks
11:34 Shai : 29126 F here
11:40 Shai: 28900 pe supp 170 obj 265
11:42 Shai: 210 supp in 29000 pe obj at 310
11:45 Shai : sl abv 29235
11:45 Shai : can do a short F below 29125
12:00 Shai: https://vtrender.slack.com/archives/C0F327PUZ/p1557469837003600
12:00 Shai: for BNF
12:00 Shai : NF lows should also get visited
12:01 Shai : 11300 pe sl of 54 from here cmp 78 tgt 121
12:02 Shai : yes RS- (11:58) Boppanna : Shai NF not getting big demand above 360?
12:54 Shai: finally OF is never wrong - (12:11) Shai: 20 more min on the se reds(12:11) Shai : 11330
12:55 Shai: NF test of day lows still pending
12:56 Shai: usdinr is trend down intra

3. 13:20 Shai: Both are normal days so far
13:29 Uttam: Shai has given 121 so looking for that
13:29 Shai: Book half in the 28700 pe at 172 cmp, rest at cost 140 to rise this
13:30 Shai : mentioned this leg at 12 - (12:00) Shai : NF lows should also get visited
13:30 Shai : Orderflow never fails
13:56 Shai: Book out the 28700 pe
14:26 Shai: Intra - short BNF 29180 sl of 29275 tgt 29040
14:28 Shai: relying on the 35K + these 2 new 26K and 12K to bring BNF down to ypoc
15:10 Uttam: -2L COT in BNF
15:10 Uttam: -1L in NF
15:10 Uttam : day COT
15:12 Shai: STBT- Sell NF 11318 sl of 11298 tgt 11230/ 11200.
15:19 Shai: 11300 pe was bought on that last rise and 11300 ce sold
15:24 Shai: Book the STBT at 11292 F here. we won't carry
15:24 Shai: Let's start fresh Mon
15:25 Shai: Have a good relaxing weekend everyone
15:25 Shai : Catch up Monday