Nifty-Intra Day Chart(03-Oct-2011):-
Technical Patterns and Formations in today intraday charts
1- Good consolidation between 4825-4850
2- Whole day trading between 4824-4874
Conclusions
Whole day intraday patterns are showing consolidation formations therefore up move hopes from tomorrow are high. Only caveat is crashing Global markets otherwise up moves are expected tomorrow after good intraday consolidation and base formation today.
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1- Good consolidation between 4825-4850
2- Whole day trading between 4824-4874
Conclusions
Whole day intraday patterns are showing consolidation formations therefore up move hopes from tomorrow are high. Only caveat is crashing Global markets otherwise up moves are expected tomorrow after good intraday consolidation and base formation today.