NIFTY EOD Analysis as on 13th April 2010

 Spinning-Top black candlestick. Showing indecision. (~) Lower High and Lower Low compared to previous candle showing that bears are in strength at the moment.
Stochastics is showing -ve bias.(-)
MACD is showing -ve bias. (-)
EMA5>EMA15>EMA50. EMA5 resistance at 5337. EMA 15 support at 5290.
Today, it touched the trendline, drawn from the day when this bullish reversal started.

Answers for Yesterday
Bears and Bulls came into action and both tried to push prices to their side, but in the end, bears won todays match.

Questions
Can bears pull down the price more and break the trendline and the support price line at 5310? MACD and Stochastic are showing -ve bias. Can bears win? Let's wait and watch.