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Technical Analysis & Market Outlook(31-05-2012)

Nifty-Micro Analysis of Intra Day Chart For 31-05-2012

Nifty-Intra Day Chart (30-May-2012):-
Just click on chart for its enlarged view
Technical Analysis & Market Outlook(31-05-2012)
Technical Patterns and Formations in today intraday charts

1- Selling between 4960-4982
2- Whole day trading between 4945-4982

Conclusions from intra day chart analysis 

As intraday selling patterns above 4960 therefore expected that Nifty will slip below 4960 and retesting of following supports will be seen in the coming sessions:-

1- 4789-4860
2- 4635-4663
3- 4602-4624
4- 4560-4590
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