NIFTY EOD as on 29th April 2010

 White candlestick, showing normal buying pressure.
Stochastics is showing -ve bias.(-)
MACD is showing -ve bias.(-)
EMA5 is below EMA15. (-). EMA5 resistance at 5262(-). EMA 15 resistance at 5270(-).
Slope of EMA 5 is down.(-)

Answers for Yesterday
Normal buying, nothing special. Today's candle couldn't surpass the mid-point of yesterday's candle, so the bears are still in control of the situation.

Questions
What is next in store? Let's wait and watch.

World Market Analysis as on 28th April 2010

Interpreting Charts - 28th April 2010

NIFTY EOD as on 28th April 2010

 Big Black candlestick, showing selling pressure.
Stochastics is showing -ve bias.(-)
MACD is showing -ve bias.(-)
EMA5 is below EMA15. (-). EMA5 resistance at 5269(-). EMA 15 resistance at 5274(-).
Slope of EMA 5 is down.(-)

Answers for Yesterday
Huge selling in NIFTY, bears were in control from the start as is shown by the candlestick which has no upper shadow and a small lower shadow.

Questions
What is next in store? Let's wait and watch.

World Market Analysis as on 27th April 2010

Interpreting Charts - 27th April 2010

NIFTY EOD as on 27th April 2010

 Black candlestick, showing selling 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 couldn't continue its bullish ride, but still it closed aboev the support level of 5300.

Questions
What is next in store? Let's wait and watch.