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Nifty-Micro Analysis of Intra Day Chart(19-05-2011)


-Nifty-Micro Analysis of Intra Day Chart(19-05-2011):-
Just click on chart for its enlarged view
Main Features

1- Nifty trading range- 5411-5441
2- Whole day Intraday consolidation between 5412-5431

Conclusions

Minor intraday selling but whole day Intraday consolidation between 5412-5431 therefore today intraday charts are showing strong possibility of up moves tomorrow.