Nifty-Intra Day Chart (12-Jun-2014):-
Technical Patterns and Formations in today intraday charts
1- Whole day sideways trading between 7613-7658
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 7613-7658
Whole day sideways trading between 7613-7658 with Down moves in Bullish Falling Channel formations therefore signals of consolidations and emergence of rally continuation expectation above today highest(7658) in the coming sessions.
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1- Whole day sideways trading between 7613-7658
2- Down moves in Bullish Falling Channel
3- Whole day actual trading between 7613-7658
Conclusions from intra day chart analysis
Whole day sideways trading between 7613-7658 with Down moves in Bullish Falling Channel formations therefore signals of consolidations and emergence of rally continuation expectation above today highest(7658) in the coming sessions.