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Nifty-Micro Analysis of Intra Day Chart For 29-06-2011

Nifty-Intra Day Chart(28-06-2011):-
Just click on chart for its enlarged view
Main Features

1- Consolidation between 5500-5525
2- Intraday patterns are showing whole day consolidations.

Conclusions

Clear lower levels consolidation patterns between 5500-5525 today and and whole day intraday patterns are also suggesting consolidations therefore moving and sustaining above 5552 possibility turned higher today.