Interpreting Charts - 26th April 2010

NIFTY EOD as on 26th April 2010

 White candlestick, showing buying pressure. Closed the level of 5300.
Stochastics is showing +ve bias.(+)
MACD is showing flat bias.(~)
EMA5 is above EMA15. (+). EMA5 support at 5288(+). EMA 15 support at 5278(+).
Slope of EMA 5 is up.(+)

Answers for Yesterday
NIFTY broke the level of 5300 and closed above it. Made higher high and higher low in the process, showing bullish momentum.

Questions
Can NIFTY continue its bullish ride? Let's wait and watch.

World Market Analysis as on 23rd April 2010

Weekly Analysis of some stocks as on 23rd April 2010

NIFTY Weekly Analysis as on 23rd April 2010

Interpreting Charts - 23rd April 2010

NIFTY EOD as on 23rd April 2010

 White candlestick, showing normal buying pressure. Closed at the resistance level of 5300.
Stochastics is showing +ve bias.(+)
MACD is showing flat bias.(~)
EMA5 is kissing EMA15. (+). EMA5 support at 5270. EMA 15 support at 5270.
Slope of EMA 5 is up.(+)

Answers for Yesterday
NIFTY continued the bullish run and closed at the resitance level of 5300. EMA 5-15 are on the verge of crossover and kissing each other. Next trading session will be really important.

Questions
Can NIFTY break the resistancr level at 5300? Let's wait and watch.