Tuesday, May 18, 2010
NIFTY EOD Analysis as on 18th May 2010
CMF is rising.(+)
Stochastics is showing -ve bias.(-)
EMA5 is below EMA15 (-). EMA5 resistance at 5102(-). EMA 15 resistance at 5140(-).
Slope of EMA 5 is down.(-)
Answers for Yesterday
A Day where both Bulls and Bears tried to take upper hand, but in the end closed near the mid-point thus forming an indecisive period in the war between Bulls and Bears.
Questions
What is going to happen next? Let's wait and watch.
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