Micro-Analysis of Intra Day Charts with so high accuracy is always available only in:-
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Any other Website or Business News channel can never predict so accurately as predicted daily only in this Blog.
Nifty-Intra Day Chart(13-06-2011):-
Main Features
1- Falling Wedge Bullish pattern
2- Support between 5438-5455
3- Rising Channel Upmove
4- Last 3 hours between 5477-5496
Conclusions
Strong upmove today but it is not being told after closing for market but today upmove was predicted well before its begining in following lines:-
1- When Nifty was trading near today lower levels then up side break out possibility was told in Post-open Outlook today.
2- After that upmoves were told in all 3 Mid-session Outlooks
3- Down moves were never told after US market last Friday crash and First trading and next moves preparation range(5400-5473) was given in which Nifty traded almost first 3 hours and after that up moves were seen today.
Firstly Falling Wedge Bullish pattern formation and after that Support and base formation between 5438-5455 seen today. Up moves in Rising channel and after that Nifty traded last 3 hours between 5477-5496 with intraday consolidation patterns.
Although Nifty closed near lower levels of the last 3 hours range in Red but whole day intraday charts are suggesting consolidations formations therefore upmoves expectations and possibility of trading within next resistance range(5522-5604) turned higher today.
enjoydailyprofits.blogspot.com
Any other Website or Business News channel can never predict so accurately as predicted daily only in this Blog.
Nifty-Intra Day Chart(13-06-2011):-
 |
| Just click on chart for its enlarged view |
1- Falling Wedge Bullish pattern
2- Support between 5438-5455
3- Rising Channel Upmove
4- Last 3 hours between 5477-5496
Conclusions
Strong upmove today but it is not being told after closing for market but today upmove was predicted well before its begining in following lines:-
1- When Nifty was trading near today lower levels then up side break out possibility was told in Post-open Outlook today.
2- After that upmoves were told in all 3 Mid-session Outlooks
3- Down moves were never told after US market last Friday crash and First trading and next moves preparation range(5400-5473) was given in which Nifty traded almost first 3 hours and after that up moves were seen today.
Firstly Falling Wedge Bullish pattern formation and after that Support and base formation between 5438-5455 seen today. Up moves in Rising channel and after that Nifty traded last 3 hours between 5477-5496 with intraday consolidation patterns.
Although Nifty closed near lower levels of the last 3 hours range in Red but whole day intraday charts are suggesting consolidations formations therefore upmoves expectations and possibility of trading within next resistance range(5522-5604) turned higher today.