Tuesday, March 9, 2010

NIFTY EOD Analysis for 9th March 2010

Black Spinning-Top Candlestick. Showing Indecision. Found resistance at 5150 level.
Stochastics is -ve bias, and is in overbought area, showing downward slope.
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5080. EMA 15 support at 4990.
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