Nifty-Intra Day Chart (03-Mar-2014):-
Technical Patterns and Formations in today intraday charts
1- Selling between 6246-6276
2- Last more than 1 hour trading between 6213-6226 with selling indications.
3- Whole day actual trading between 6213-6276
Firstly higher levels selling and then down moves as well as closing near the lowest of the day with some selling indications in last hour also today therefore some more down moves possibility towards next support range(6177-6192) and sustaining beyond this range should be first watched tomorrow for next trend confirmations.
 |
| Just click on chart for its enlarged view |
1- Selling between 6246-6276
2- Last more than 1 hour trading between 6213-6226 with selling indications.
3- Whole day actual trading between 6213-6276
Conclusions from intra day chart analysis
Firstly higher levels selling and then down moves as well as closing near the lowest of the day with some selling indications in last hour also today therefore some more down moves possibility towards next support range(6177-6192) and sustaining beyond this range should be first watched tomorrow for next trend confirmations.