Nifty-Intra Day Chart (17-Dec-2014):-
Technical Patterns and Formations in today intraday charts
1- Lower levels consolidations.
2- Down moves in Bullish Falling Channels
3- Whole day actual trading between 7961-8082
Firstly lower levels consolidations and after that up moves with consolidation pattern of down moves in Bullish Falling Channels therefore up moves in the form of Pull Back rally are expected tomorrow.
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1- Lower levels consolidations.
2- Down moves in Bullish Falling Channels
3- Whole day actual trading between 7961-8082
Conclusions from intra day chart analysis
Firstly lower levels consolidations and after that up moves with consolidation pattern of down moves in Bullish Falling Channels therefore up moves in the form of Pull Back rally are expected tomorrow.