Nifty-Intra Day Chart(21-Jul-2011):-
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| Just click on chart for its enlarged view |
1- Range bound trading between 5532.70-5578.90
2- Selling between- 5558-5573
3- Condolidation between- 5535-5553
Conclusions
Whole day range bound trading with higher levels selling and lower levels consolidations indications. Nifty has to struggle for up moves above 5580 and fast steep fall will be seen after sustaining below 5530.
Mentioned range(5530-5580) break out will be next trend strong indication and should be watched first for next moves confirmation tomorrow.