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Nifty-Micro Analysis of Intra Day Chart For 27-06-2011


Nifty-Intra Day Chart(24-06-2011):-
Just click on chart for its enlarged view
Main Features

1- Buying between 5376-5395
2- Buying between 5407-5418
3- Last 1 hour selling between 5453-5475

Conclusions

Vertical rise seen today with intraday consolidations and last 1 hour selling indications seen and minor Rising Wedge(Bearish pattern) is also visible within it. Minor selling pattern at the higher levels is an indication of small down move only and first trading range will be decided according to sentiment Monday morning.

Final conclusions will be posted after Technical Analysis and Researches from EOD charts in the coming topics in next 2 days.
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