Nifty-Intra Day Chart (19-Feb-2014):-
Technical Patterns and Formations in today intraday charts
1- Most time trading between 6128-6144
2- Consolidation between 6128-6135
3- Selling patterns formation between 6136-6144
4- Sharp up in last 21 minutes
5- Whole day actual trading between 6126-6160
Most time trading between 6128-6144 with firstly consolidation patterns formation and good selling also at higher levels therefore some down moves are expected below today lowest(6126) tomorrow despite sharp up in last 21 minutes today.
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1- Most time trading between 6128-6144
2- Consolidation between 6128-6135
3- Selling patterns formation between 6136-6144
4- Sharp up in last 21 minutes
5- Whole day actual trading between 6126-6160
Conclusions from intra day chart analysis
Most time trading between 6128-6144 with firstly consolidation patterns formation and good selling also at higher levels therefore some down moves are expected below today lowest(6126) tomorrow despite sharp up in last 21 minutes today.