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Nifty making M Pattern & broke channel

Short
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
Clear_trading  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Chart Patterns Parallel Channel Double Top or Bottom
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chartpattern parallelchannel doubletoporbottom
Nifty looking weak.
Reasons:

1) Broke the old Parallel channel as depicted in the charts.
2) Nifty completing 'M' Pattern
3) Nifty making Double Top patterns

Note: Only for educational purposes.
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