NIFTY EOD Analysis as on 29th March 2010

White Spinning-Top Candlestick. Showing indecision.
Stochastics turned is showing +ve bias, and is in overbought area.
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5267. EMA 15 support at 5190.

Answers for Yesterday
NIFTY tried to breakthrough the resistance at 5300 level, buit couldn't sustain and closed at the resistance level.
Questions
Will this spinning-top act as a top-reversal? If it is, there should be a confirmation tomorrow. Let's wait and watch.

Weekly Analysis of some stocks as on 28th March 2010

NIFTY Weekly Analysis as on 28th March 2010

World Market Analysis as on 26th March 2010

Interpreting Charts - 26th March 2010

NIFTY EOD Analysis as on 26th March 2010

 White Candlestick. Showing buying pressure.
Stochastics turned from -ve bias to +ve bias, and is in overbought area.
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5250. EMA 15 support at 5180.

Answers for Yesterday
NIFTY had a high of 5293 today, so it touched the 5300 level resistance
Questions
Can NIFTY break the 5300 level and continue its bullish run inspite of the strong resistance at 5300 level? Let's wait and watch.

World Market Analysis as on 25th March 2010