Nifty-Intra Day Chart (01-Nov-2013):-
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1- Selling between 6311-6330
2- Whole day actual trading between 6293-6330
Conclusions from intra day chart analysis
As whole day sideways trading within 37 points with clear selling patterns at higher levels therefore following line is being repeated which was told in both Mid-session Outlooks today:-
very Short Term correction possibility in the coming 1/2 sessions.
Although Muhurat Trading session opening can be projected at this moment but expected that finally Nifty will not sustain above today highest(6330) and will slip as well as close below today lowest(6293).