Nifty-Micro Analysis of 2 Sessions Intra Day
Chart(Oct 26 to Oct 29,2012)
Nifty-Intra Day Chart (Oct 26 to Oct 29,2012):- |
| Just click on chart for its enlarged view |
1- Last 2 sessions trading between 5642-5697
2- Last 2 sessions down moves in falling channel
Conclusions from 2 Sessions intra day chart analysis
As consolidation pattern formations in last 2 sessions through falling channel down moves therefore Indian markets are technically prepared for up moves as well as emergence of rally possibility after RBI Credit Policy tomorrow.
Next trend confirmations levels are as follows:-
1- 5642-5697
2- 5639-5733
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