Interpreting Charts - 7th April 2010

NIFTY EOD Analysis as on 7th April 2010

 Spinning Top Candlestick. Showing indecision. (~)
Stochastics is showing flat bias and is in overbought area (-)
MACD is showing flat bias. (-)
EMA5>EMA15>EMA50. EMA5 support at 5345. EMA 15 support at 5270.

Answers for Yesterday
Spinning Top candlestick again showing indecision in an uptrend.
Questions
Is Spinning-Top sign of top? Let's wait and watch.

World Market Analysis as on 6th April 2010

Interpreting Charts - 6th April 2010

NIFTY EOD Analysis as on 6th April 2010

Doji Candlestick. Showing indecision.
Stochastics is +ve bias and is in overbought area
MACD is showing +ve bias.
EMA5>EMA15>EMA50. EMA5 support at 5325. EMA 15 support at 5250.

Answers for Yesterday
Doji candlestick showing indecision in an uptrend.
 
Questions
Is this Doji a sign of top? Let's wait and watch.

World Market Analysis as on 5th April 2010

Interpreting Charts - 5th April 2010