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Technical Analysis and Research For 29-12-2011

Falling Channel Break Out 

Nifty-EOD Chart(28-Nov-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- 3 Sessions consolidation at lower levels
2- Falling Channel Break out

Conclusions

Last 14 days falling channel break out today after 3 sessions consolidations and it is strong bullish indication therefore continuation of previous week rally will be seen in this week.
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