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Nifty-Micro Analysis of Intra Day Chart(25-04-2011)


Just click on chart for its enlarged view

Genuine Selling seen between 5874-5905 today and it was follow up selling after higher levels selling between 5880-5912 on 21-04-2011.

As soon as selling indicated from intra day charts then following line was told in Mid-session Outlook-2 at 12:25:00 PM today:-

"Intra day charts of today are suggesting selling patterns at higher levels today also."

Following line was also told in Pre-closing Outlook at 03:05:00 PM today:-

"Short term down move possibility increased"

Selling was informed well before the begining of down moves and Indian markets closed at the lowest of the day.

Detailed analysis will be posted today in "Post-closing Report(25-04-2011) & Tomorrow Outlook"