Tuesday, April 6, 2010
NIFTY EOD Analysis as on 6th April 2010
Doji Candlestick. Showing indecision.
Stochastics is +ve bias and is in overbought area
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5325. EMA 15 support at 5250.
Answers for Yesterday
Doji candlestick showing indecision in an uptrend.
Questions
Is this Doji a sign of top? Let's wait and watch.
Stochastics is +ve bias and is in overbought area
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5325. EMA 15 support at 5250.
Answers for Yesterday
Doji candlestick showing indecision in an uptrend.
Questions
Is this Doji a sign of top? Let's wait and watch.
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