Nifty-Micro Analysis of Intra Day Chart For
25-07-2012
25-07-2012
Nifty-Intra Day Chart (24-Jul-2012):-
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1- Mixed Patterns between 5117-5139
2- Whole day trading between 5103-5144
Conclusions from intra day chart analysis
Most of the time trading with mixed intraday patterns and closing between 5117-5139 with some volatility above and below this range yesterday. As no clear indication from intraday charts patterns was seen therefore following conclusive lines were told yesterday in Pre-Closing Outlook and being repeated today:-
Although Indian markets traded whole day in Green and also being cloed positive today but bearish views are still maintained which were expressed in following topic today:-
Huge Island Reversal Pattern & Correction