NIFTY EOD Analysis for 4th Feb 2010

Long Black Candlestick, but formed inside yesterdays candle. No signal from candle pattern today. Stochastics is moving up and today it is at 21%. Moving Average 5,7,50 is bearish.
 Resistance at  4890-->4950-->5020-->5056 for tomorrow. Support at 4830-->4805-->4788-->4766-->4730.

Interpreting Charts - 4th Feb 2010

World Markets analysis as on 3rd Feb 2010

Candlestick with small real body with relatively long wicks. It couldn't cross above the resistance around 10,300. Stochastics is still showing +ve bias. 10,300 remains the crucial level for tomorrow. If it goes downside then around 10,200 seems the possibility.