Friday, May 14, 2010

Interpreting Stocks - 14th May 2010

NIFTY EOD Analysis as on 14th May 2010

Black candlestick showing selling pressure
MACD is showing -ve bias.(-)
Stochastics is showing -ve bias.(-)
EMA5 is below EMA15 (-). EMA5 resistance at 5135(-). EMA 15 resistance at 5172(-).
Slope of EMA 5 is down.(-)

Answers for Yesterday
Bears came into action today pushing the prices down today.

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

World Market Analysis as on 13th May 2010

Thursday, May 13, 2010

Intepreting Stocks - 31st May 2010

Interpreting Stocks - 13th May 2010

NIFTY EOD Analysis as on 13th May 2010

White candlestick showing buying pressure
MACD is showing flat bias.(~)
Stochastics is showing flat bias.(~)
EMA5 is below EMA15 (-). EMA5 support at 5150(+). EMA 15 resistance at 5180(+).
Slope of EMA 5 is up.(+)

Answers for Yesterday
There was normal buying pressure in NIFTY. It made higher high and higher low, showing +ve bias.

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