NIFTY EOD as on 4th May 2010

 Black candlestick, showing selling pressure. The Falling three/two methods rightly acted as a continuation pattern and today NIFTY fell down again but closed at the support level of 5150 level.
MACD is showing -ve bias.(-)
Stochastics is showing -ve bias.(-)
EMA5 is below EMA15. (-). EMA5 resistance at 5217(-). EMA 15 resistance at 5250(-).
Slope of EMA 5 is down.(-)

Answers for Yesterday
Bears continued their ride and today NIFTY closed at the support level of 5150.

Questions
What's next in store? Let's wait and watch.