Thursday, February 9, 2012

Same to Same intraday

I have observed something very interesting to share with you all or which need further research. I worked on some of my previous intraday chart and found that it has behaved in similar fashion with minute details
  1. Nifty consolidated till 13:30 and show sudden upmove
  2. The upmove was for minimum 80 to 100 points.
  3. All opened negative and was trading below the previous day closing
  4. All made double top showing weakeness
  5. Upmove started around 14:00 with breaking of previous day opening and moved higher 

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