Nifty Intraday Technicals / EOD Analysis

Dear Traderji and Other Moderators and fellow members.

I have recently joined trading activities and pretty much eager to continue with the same with full zeal. However, due to lack of guidance I find it very difficult to analyze intraday charts. I would also request other Newbies to contribute their ideas to this thread.

By the end of the day, I will post my analysis and would require the indispensable guidance of the seniors, without any limitation to the following.

1. Pattern Identification in Intraday Charts.
2. EOD Data Analysis to develop next day's trading strategy.
3. Key Movements in chart patterns and its impact.
4. Support & resistance lines and Pivots.
5. Technical Indicators to support trading decisions.

Your proactive postings are required to develop novice traders like us to develop their skills.

Regards,

Dipen

Dear friends,

I have attached image files of today's 5 minute and 3 minute intraday chart patterns. I would request you to please help me understand that what are the key points in today's chart (chart patterns) which will help me identify the movement of the prices. I Have attached my understanding and I seek your comments and corrections on the same.

Kindly contribute.

Dipen

My observations of today are as attached. Kindly correct me wherever I am wrong.

Regards,

Dipen