Nifty-Intra Day Chart (04-Mar-2013):-
Technical Patterns and Formations in today intraday charts
1- Support between 5667-5685
2- Whole day actual trading between 5667-5708
As same view therefore being repeated which was told in following lines yesterday in Pre-Closing Outlook:-
"lower levels supports and consolidations patterns but up moves were without force and it is selling signal therefore valid break out above 5704 should be firstly watched now for the possibility of bounce back or Pull Back rally"
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1- Support between 5667-5685
2- Whole day actual trading between 5667-5708
Conclusions from intra day chart analysis
As same view therefore being repeated which was told in following lines yesterday in Pre-Closing Outlook:-
"lower levels supports and consolidations patterns but up moves were without force and it is selling signal therefore valid break out above 5704 should be firstly watched now for the possibility of bounce back or Pull Back rally"