Nifty-Intra Day Chart(Mar 26 & Mar 27,2012):-
As good condolidations base formations was seen between 5175-5225 in previous two sessions therefore consilidations was updated in all the intraday outlooks in last 2 sessions.
Some volatility may be seen but strong base formations and clear indications of correction completion as well as continuation of rally in the coming sessions.
Just click on chart for its enlarged view |
Conclusions from 2 days intra day chart analysis
As good condolidations base formations was seen between 5175-5225 in previous two sessions therefore consilidations was updated in all the intraday outlooks in last 2 sessions.
Some volatility may be seen but strong base formations and clear indications of correction completion as well as continuation of rally in the coming sessions.