NIFTY EOD Analysis as on 23rd March 2010

 White Spinning-Top Candlestick in an uptrend. Showing indicesion. Tried to break the resistance level at 5235 but couldn't.
Stochastics is -ve bias, and is in overbought area.
MACD is showing flat bias.
EMA5>EMA15>EMA50. EMA5 resistance at 5214. EMA 15 support at 5150.

Answers for Yesterday
NIFTY sustained above 5150.
Questions
Can NIFTY pierce the resistance level at 5235 or will the spinning-top signal a start of a range-bound market betwenn 5150 and 5235? Let's wait and watch.