Technical Analysis of EOD Chart
Main features next supports after today trading are as follows
Next 4 supports
1- Gap support between 5529-5561
2- Intraday condolidation(support) 5496-5529
3- Gap support between 5485-5496
4- Support at Rising Trendline
Crucial developments of today
1- 55 Day EMA and 200 Day EMA broken down forcefully
2- Long Black Candle
3- Continuation Pattern Pennant Formation(Bullish) is existing after today big fall
Nifty-Micro Analysis of today Intra Day Chart for 04-05-2011
Main features of today trading are as follows
1- Intraday Selling between 5675-5705
2- Falling Wedge(Bullish Pattern) between 5640-5555
 |
| Just click on chart for its enlarged view |
Next 4 supports
1- Gap support between 5529-5561
2- Intraday condolidation(support) 5496-5529
3- Gap support between 5485-5496
4- Support at Rising Trendline
Crucial developments of today
1- 55 Day EMA and 200 Day EMA broken down forcefully
2- Long Black Candle
3- Continuation Pattern Pennant Formation(Bullish) is existing after today big fall
Nifty-Micro Analysis of today Intra Day Chart for 04-05-2011
 |
| Just click on chart for its enlarged view |
1- Intraday Selling between 5675-5705
2- Falling Wedge(Bullish Pattern) between 5640-5555