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Nifty-Micro Analysis of Intra Day Chart For 20-07-2011

Nifty-Intra Day Chart(19-Jul-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in today intraday charts

1- Buying between-5558-5577
2- Last 2 hours mixed Patterns between-5615-5627.

Conclusions

Rally after lower levels intraday consolidation and today up moves are the result of strong global cues also therefore crossing and sustaining above 5640 will be confirmation of next rally for testing of resistance range between 5700-5740.