Thursday, May 13, 2010
NIFTY EOD Analysis as on 13th May 2010
MACD is showing flat bias.(~)
Stochastics is showing flat bias.(~)
EMA5 is below EMA15 (-). EMA5 support at 5150(+). EMA 15 resistance at 5180(+).
Slope of EMA 5 is up.(+)
Answers for Yesterday
There was normal buying pressure in NIFTY. It made higher high and higher low, showing +ve bias.
Questions
What is going to happen next? Let's wait and watch.
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