NIFTY EOD Analysis as on 11th June 2010

 Green candlestick with higher volume than yesterday showing buying pressure.
CMF is showing +ve bias compared to yesterday(+).
Stochastics is showing +ve bias(+).
EMA3 is above above EMA13 (+).
Slope of EMA 13 is up.(+)

Answers for Yesterday
NIFTY made higher high and higher low today showing buying pressure. Also, volumes have been increasing on each upmove. Now, NIFTY has reached a resistance level of 5150. If NIFTY breaks this resistance, then it can go upto 5230 level.

Questions
What's going to happen next? Let's wait and watch.