Nifty-EOD Chart(24-Feb-2012):-
1- Up moves in rising channel.
2- 1098.80 Nifty Points rally in 45 sessions
2- Rising channel broken down.
2012 Strong rally in rising channel and its Correction confirmation through rising channel broken down.
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Technical Patterns and Formations in EOD charts
1- Up moves in rising channel.
2- 1098.80 Nifty Points rally in 45 sessions
2- Rising channel broken down.
Conclusions from EOD chart analysis
2012 Strong rally in rising channel and its Correction confirmation through rising channel broken down.