Nifty-Intra Day Chart (09-Sep-2014):-
Technical Patterns and Formations in today intraday charts
1- Consolidation between 8127-8142
2- Selling patterns in last half hours
3- Whole day actual trading between 8127-8174
Although some selling patterns in last half hour but lower levels supports and good consolidation was also seen therefore until Nifty will not sustain below yesterday lowest till then fresh up moves possibility after yesterday started correction completion will remain alive.
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1- Consolidation between 8127-8142
2- Selling patterns in last half hours
3- Whole day actual trading between 8127-8174
Conclusions from intra day chart analysis
Although some selling patterns in last half hour but lower levels supports and good consolidation was also seen therefore until Nifty will not sustain below yesterday lowest till then fresh up moves possibility after yesterday started correction completion will remain alive.