Friday, May 14, 2010
NIFTY EOD Analysis as on 14th May 2010
MACD is showing -ve bias.(-)
Stochastics is showing -ve bias.(-)
EMA5 is below EMA15 (-). EMA5 resistance at 5135(-). EMA 15 resistance at 5172(-).
Slope of EMA 5 is down.(-)
Answers for Yesterday
Bears came into action today pushing the prices down today.
Questions
What is going to happen next? Let's wait and watch.
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