Thursday, February 4, 2010

NIFTY EOD Analysis for 4th Feb 2010















Long Black Candlestick, but formed inside yesterdays candle. No signal from candle pattern today. Stochastics is moving up and today it is at 21%. Moving Average 5,7,50 is bearish.
 Resistance at  4890-->4950-->5020-->5056 for tomorrow. Support at 4830-->4805-->4788-->4766-->4730.

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