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Nifty-Micro Analysis of Intra Day Chart(21-04-2011)


Just click on chart for its enlarged view

Following lines were told whole day for today market:-

1-Market will prepare for next week market today
2-market require some more consolidation to cross following 2 resistances

Following line was told for today market in Nifty-Micro Analysis of Intra Day Chart(at 12:34 PM on 20-04-2011):-

Lower levels buying and higher levels selling today. Mixed patterns at this moment and let market prepare for one side move then confirmation will be possible.

Following today market conclusive lines are being told since morning in all the outlooks and not being told after watching today closing:-

Selling between 5908-5912
Selling between 5880-5896

Buying between 5870-5880
Buying between 5868-5876

Mixed patterns today therefore Indian market require more preperation for any side sustained moves and that will be done near today range(5864-5912) on Monday.