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Nifty-Micro Analysis of Intra Day Chart For 21-06-2011


Nifty-Intra Day Chart(20-06-2011):-
Just click on chart for its enlarged view
Main Features

1- Selling between 5338-5368
2- Selling between 5275-5312

Conclusions

Nifty slipped 141 points in 10 minutes and crucial supports broken down. Intraday selling seen between 5338-5368 before breaking down and after that again selling seen between 5275-5312 after sharp fall.

As whole day selling therefore more down moves will be seen in the coming sessions.