Wednesday, April 7, 2010
NIFTY EOD Analysis as on 7th April 2010
Stochastics is showing flat bias and is in overbought area (-)
MACD is showing flat bias. (-)
EMA5>EMA15>EMA50. EMA5 support at 5345. EMA 15 support at 5270.
Answers for Yesterday
Spinning Top candlestick again showing indecision in an uptrend.
Questions
Is Spinning-Top sign of top? Let's wait and watch.
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