Nifty-Intra Day Chart(27-05-2011):-
Main Features
1- 2 Times some distribution at higher levels.
2- 2 Times consolidations at lower levels also.
3- Conclusion is Consolidations both times
Conclusions
Although two times minor distributions at higher levels but consolidations at lower levels also. Final conclusion is consolidation and expected that previous week started rally will remain continued in the coming week.
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1- 2 Times some distribution at higher levels.
2- 2 Times consolidations at lower levels also.
3- Conclusion is Consolidations both times
Conclusions
Although two times minor distributions at higher levels but consolidations at lower levels also. Final conclusion is consolidation and expected that previous week started rally will remain continued in the coming week.