Monday, April 26, 2010
NIFTY EOD as on 26th April 2010
Stochastics is showing +ve bias.(+)
MACD is showing flat bias.(~)
EMA5 is above EMA15. (+). EMA5 support at 5288(+). EMA 15 support at 5278(+).
Slope of EMA 5 is up.(+)
Answers for Yesterday
NIFTY broke the level of 5300 and closed above it. Made higher high and higher low in the process, showing bullish momentum.
Questions
Can NIFTY continue its bullish ride? Let's wait and watch.
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