Nifty-Intra Day Chart (10-Dec-2012):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5910-5918
2- Support between 5889-5900
3- Whole day actual trading between 5889-5918
Sideways narrow range trading with higher levels selling but lower levels intraday supports also therefore mixed intraday trading patterns. As good selling last Friday therefore minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860).
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1- Selling between 5910-5918
2- Support between 5889-5900
3- Whole day actual trading between 5889-5918
Conclusions from intra day chart analysis
Sideways narrow range trading with higher levels selling but lower levels intraday supports also therefore mixed intraday trading patterns. As good selling last Friday therefore minor slipping possibility is alive and support getting possibility is at or near about next support range(5839-5860).