Wednesday, March 3, 2010

NIFTY EOD Analysis for 3rd March 2010

White Candlestick. Showing buying pressure. Stochastics is showing +ve bias. %K is above %D line and is in overbought area. MACD is showing +ve bias. EMA5>EMA15>EMA50. Bullish Crossover of EMA5. EMA 15 support at 4910. EMA5 support at 4980. Price has moved above the EMA's showing bullish bias.

Interpreting Charts - 3rd March 2010

World Markets analysis as on 2nd March 2010