Thursday, June 10, 2010

Interpreting Stocks - 10th June 2010

NIFTY EOD Analysis as on 10th June 2010

 Green candlestick with higher volume than yesterday showing buying pressure.
CMF is showing +ve bias compared to yesterday(+).
Stochastics is showing +ve bias(+).
*EMA3 crosses above EMA13 (+).
Slope of EMA 13 is up.(+)

Answers for Yesterday
Bulls won the game aganist Bears today., It was all Bulls as the volumes are showing.

Questions
What's going to happen next? Let's wait and watch.