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Nifty-Micro Analysis of Intra Day Chart For 30-08-2011


Nifty-Intra Day Chart(29-Aug-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Up moves in Rising Channel
2- Mixed patterns between 4910-4930 during last one hour
3- Whole day trading between 4910-4934

Conclusions

Strong rally seen in rising channels and no intraday selling seen except last one hour mixed patterns between 4910-4930. As no intraday selling seen therefore continuation of rally expected in the coming sessions.
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