OrderFlow charts and Notes 07/05/15

    General Chat Transcript   Room Name: Vtrender Date and Time: May 07, 2015 09:20:23 [08:51]   r m : Good Morning folks! [08:51]   r m : http://vtrender.com/levels-and-plan-for-7th-may/ [08:51]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-060515/ [08:52]   r m : Nifty MAY Future levels| Key Reference Area 8111| Hypo1 above 8111➜8137➜8183 SL 8090| Hypo2 […]

Levels and Plan for 7th May

Day 3 of the new series took out Monday’s longs in a bearish flip which has implications for the rest of this series. The BNF joined the NF in the selloff today and our Mantra of ‘short on rises’ against the conventional wisdom of the bull market seems to be yielding immediate results.