Tuesday, February 23, 2010

NIFTY EOD Analysis for 23rd Feb 2010

White Spinning-Top Candlestick. But, no significance as there is no clear trend. Showing little buying pressure. Stochastics is flat. %K is kissing %D line. MACD is showing +ve bias. Moving Average 5,15,50 is bearish. EMA 15 support at 4860. EMA 50 resistance at 4960. EMA5 support at 4850.

Interpreting Charts - 23rd Feb 2010

World Markets analysis as on 22nd Feb 2010