Nifty-Intra Day Chart(03-06-2011):-
Main Features
1- Selling on the news of Reliance Ind. AGM news between 5580-5600
2- Last 3 Hours support between 5510-5535
Conclusions
Nifty traded last 3 hours between 5510-5535 today with intraday consolidation patterns but it is not sufficient and follow up buying and base formation is must between 5494-5535 in the begining of next week for support confirmations.
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1- Selling on the news of Reliance Ind. AGM news between 5580-5600
2- Last 3 Hours support between 5510-5535
Conclusions
Nifty traded last 3 hours between 5510-5535 today with intraday consolidation patterns but it is not sufficient and follow up buying and base formation is must between 5494-5535 in the begining of next week for support confirmations.