NIFTY EOD Analysis as on 27th May 2010

 Green candlestick which made higher high and higher low showing buying pressure. Volume as higher than yesterday, showing more players are interested to join the rally.
CMF is showing +ve bias compared to yesterday(+) showing accumulation. Also, today it entered the +ve territory.
Stochastics is showing +ve bias(+).
EMA5 is below EMA15 (-). EMA5 support at 4948(+). EMA 15 support at 4994(+).
Slope of EMA 13 is flat.(~)

Answers for Yesterday
Bulls again continued their ride today with good volumes than yesterday, showing more players are interested to join in now. There is a resistance at the channel. The Flag pattern might test the strength of bulls. Let's see tomorrow if Bulls can successully pass the battle with bears.

Questions
Can Bulls march past the Flag? Let's wait and watch.