NIFTY EOD Analysis as on 19th March 2010

White Spinning-top Candlestick. Showing buying pressure. It crossed the resistance level and closed above the new support level.
Stochastics is showing flat bias, and is in overbought area.
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5219. EMA 15 support at 5119. Now 5235 is the new support level.

Answers for Yesterday
NIFTY broke 5235 today
Questions
Can NIFTY sustain above 5235? Let's wait and watch.