Nifty-Intra Day Chart (13Sep-2012):-
Technical Patterns and Formations in today intraday charts
1- Selling between 5436-5447
2- Minor buying between 5422-5430
3- Whole day trading between 5422-5447
25 Points whole day narrow range trading with lower levels trading with minor supports at lower levels but higher levels good selling also. As good selling today after yesterday selling formations therefore correction is expected from tomorrow despite whatsoever decision from FED today night.
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1- Selling between 5436-5447
2- Minor buying between 5422-5430
3- Whole day trading between 5422-5447
Conclusions from intra day chart analysis
25 Points whole day narrow range trading with lower levels trading with minor supports at lower levels but higher levels good selling also. As good selling today after yesterday selling formations therefore correction is expected from tomorrow despite whatsoever decision from FED today night.