Tuesday, February 16, 2010

NIFTY EOD Analysis for 16th Feb 2010

White indecisive Candlestick. Showing normal buying pressure. Stochastics is showing +ve bias. MACD is also showing +ve bias. Moving Average 5,15,50 is bearish. EMA 15 resistance at 4870. EMA 50 resistance at 4969. EMA5 support at 4810.
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