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Two Bullish Candlestick patterns formation on 09-12-2011

Nifty-EOD Chart(09-Dec-2011):-
Just click on chart for its enlarged view
Nifty-EOD Chart(09-Dec-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in EOD charts

1- Trend reversal Broadening Pattern formation in last 4 months at the bottom of 13 months correction.
2- Rally commencement on 24-11-2011 from 4660.
3- Correction of rally on 07-12-2011 from 5099.
4- Trend reversal two Bullish Candles pattern formation on intraday lowest at 4842 on 09-12-2011.

Conclusions

Two Bullish Candles patterns formation are as follows:-

1- Long legged Bullish Gravestone Doji- Low/Moderate Bullish reversal Candle
2- Doji Star Bullish- Moderate Bullish reversal Candle formation also seen.

As per theory confirmation of the trend reversal would be a higher open on the next trading day.

As intraday consolidation patterns also developed within Doji Candle and it was updated also during trading hours on 09-12-2011 therefore strong indications of previous week correction completion at 4642 with fresh up moves beginning from 12-12-2011.