August 24, 2011

NIFTY Daily Analysis

  • Closing above 5 day high ema will add strength to this pull back.
  • Failing to close above 5 day high ema will be negative.
  • Indicators are starting to turn positive But they are still in bearish territory.
  • Price doing a good breakout above channel resistance line will also help bulls.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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