January 2, 2013

NIFTY Intraday update

  • 5 Minutes chart shows the two unfilled GAPS. Intraday weakness below 5982
  • 4 Hour chart shows the most important price action. Usually GAP up's from the ranges like these act as runaway GAP'S They end giving good up moves.
  • Only Hope for bulls is to expect a false breakout. Price closing the day back into the range may give a good short trade.
  • BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME
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