Micro-Analysis of Nifty Intra Day Charts(08-04-2011)

1- Selling between 5855-5875
2- Down Move in Falling Channel
3- Slow Down Move without Force
4- Intra day last hour consolidation between 5823-5842

Last 3 days range broken down after intraday selling but breaking down is without force in falling channel and last hour intra day consolidation seen between 5823-5842.

Conclusion:- Correction is confirm on but breaking down move was without force therefore it is an indication of early correction completion but market require confirmations. Firstly complete consolidation and then crossing of immediate resistance will be first corretion completion confirmation.

Self Analysis & Earning From

F&O Stocks having
 Good Volume in Options

Watch Crossover of Price/Averages
& Earn through Trading in the 
Direction of Crossover

in Following Intraday Charts

Day Trading From Intraday Charts

As trending directional moves are seen after crossover of price & averages therefore just watch crossover then trade in the direction of crossover and earn in Day Trading.

Intraday charts analysis is must for day trading and also for getting advance signals before the begining of real move therefore this blog has been created to facilitate 50 intraday charts analysis of SENSEX & NIFTY.

Fast "Day Trading" signals emerges from average lines & price cross over. Good profits can be made from cross over of average lines and price as well as it can be used for confirmation of next moves also.