|Nifty - End of Day Chart - 24 Feb 2012|
With a low of 5406 and close at 5429 the Nifty took support at the Fibonnaci 74.6% (5414).
It however remained below the 5454 that we saw strength for the Bulls at, in our last weekend's post (see Nifty - End of Day Chart (EOD) and Looking forward sections of the post here).
Overall a decent consolidation - long pending and it very nicely took support at the Fib 76x.as we expected.
Weekend posts are on their way...