NIFTY EOD Analysis as on 16th June 2010

 Green spinning-top candlestick with good volumes showing buying pressure, but a bit of indecision at the resistance level of 5230/5240.
CMF is showing -ve bias compared to yesterday(~).
Stochastics is showing flat bias(~) and is in OB zone.
EMA3 is above above EMA13 (+).  EMA3,13 crossover today
Slope of EMA 13 is up.(+)
EMA13>EMA39.(+)

Answers for Yesterday
We had EMA13-39 crossover today with good volumes, but it was an indecisive day. Anyways, for now the trend bias remains up.

Questions
Can Bulls power their way above 5230/5240? Let's wait and watch.