Nifty-Intra Day Chart(03-Aug-2011):-
Technical Patterns and Formations in today intraday charts
1- Good condolidation between- 5380-5400
2- Whole day intraday pattern showing condolidation
Conclusions
Although Dow jones is more than 115 points down at this moment but Whole day intraday pattern is showing consolidation therefore up moves are expected tomorrow in Indian markets.
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1- Good condolidation between- 5380-5400
2- Whole day intraday pattern showing condolidation
Conclusions
Although Dow jones is more than 115 points down at this moment but Whole day intraday pattern is showing consolidation therefore up moves are expected tomorrow in Indian markets.