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12/29/09

NSE NIFTY Analysis – Dec 29, 2009

S&P CNX NIFTY closed up  33.800 at 5,178.400.  Volume was 15% below average (neutral) and Bollinger Bands were 37% narrower than normal.
Mudgal Crash Oscillator

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

We are only interested in a long position.
The momentum is up.
The upward momentum is accelerating.
If not already long this is a good place to look [...] http://digg.com/u1IoFo

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