Nifty-Intra Day Chart (11-Nov-2014):-
Technical Patterns and Formations in today intraday charts
1- Selling between 8362-8379
2- Consolidation between 8321-8344
3- Whole day actual trading between 8379-8321
Although selling immediately after opening but lower levels good consolidation also therefore up moves with new life time high formation are expected because lower levels good consolidation seen in last 5 sessions sideways market between 8291-8383.
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1- Selling between 8362-8379
2- Consolidation between 8321-8344
3- Whole day actual trading between 8379-8321
Conclusions from intra day chart analysis
Although selling immediately after opening but lower levels good consolidation also therefore up moves with new life time high formation are expected because lower levels good consolidation seen in last 5 sessions sideways market between 8291-8383.