Thursday, February 11, 2010

NIFTY EOD Analysis for 11th Feb 2010

White Candlestick, showing buying pressure. But, today it found resistance at 4830.
If it breaks 4830 on monday, then 4888 will be next resistance, else 4785-->4736.  Stochastics is moving up and today it is above 20%. Moving Average 5,15,50 is bearish. EMA 15 resistance at 4870.

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