Nifty-Intra Day Chart(14-06-2011):-
Main Features
1- Selling between 5505-5517
2- Minor buying between 5485-5495
3- Whole day Narrow Range trading between 5485-5520
Conclusions
Indian markets prepared in narrow range strong big moves today. Selling at higher levels and minor buying at lower levels today. Break out and sustaining beyond today trading range(5490-5517) will be next big moves first confirmation and will be firstly watched tomorrow.
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1- Selling between 5505-5517
2- Minor buying between 5485-5495
3- Whole day Narrow Range trading between 5485-5520
Conclusions
Indian markets prepared in narrow range strong big moves today. Selling at higher levels and minor buying at lower levels today. Break out and sustaining beyond today trading range(5490-5517) will be next big moves first confirmation and will be firstly watched tomorrow.