OrderFlow charts and Notes 08/05

    General Chat Transcript   Room Name: Vtrender Date and Time: May 08, 2015 09:19:24 [08:52]   r m : Good Morning folks! [08:52]   r m : http://vtrender.com/levels-and-plan-for-8th-may/ [08:52]   r m : http://vtrender.com/premium/orderflow-charts-and-notes-070515/ [08:52]   r m : Nifty MAY Future levels| Key Reference Area 8117| Hypo1 above 8117➜8161➜8195 SL 8080| Hypo2 […]

Levels and Plan for 8th May

Day 4 of the new series finally saw short covering in the closing hour . The BankNifty unwound roughly 3300 Index F contracts in last 30 mins and the Nifty unwound about 39000 contracts in the same 30 minutes. Short covering only serves to weaken a market and we won’t be surprised to see today’s […]