NSE NIFTY Analysis – Dec 02, 2009

S&P CNX NIFTY closed up  89.300 at 5,122.000.  Volume was 18% above average (neutral) and Bollinger Bands were 11% narrower than normal.
Mudgal Crash Oscillators

Technical Outlook
Short Term:          Neutral
Intermediate Term:   Bullish
Long Term:           Bullish








We are only interested in a long position.
The momentum is downward.
The downward momentum is slowing.
This is an area to be cautious.  If you are long [...]

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