NIFTY EOD Analysis as on 13th July 2010

Green candle which opened above the resistance level and closed above it. Volume was high, showing that new players are joining in the upmove. NIFTY made hgiher high and higher low today, validating the +ve bias.
MACD is also showing +ve bias and moving up.
EMA3 is above EMA13 (+).
Slope of EMA 13 is up.(+)  EMA 13 is at 5306 level
EMA13>EMA39.(+)

Answers for Yesterday
Todays Bearish Signals:
1.NIL

NIFTY is showing positive bias now. Volume is suporting the price upmove too.We should head higher in the coming days now.

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