NSE NIFTY Analysis – Feb 01, 2010

S&P CNX NIFTY closed up 14.800 at 4,882.050. Volume was 17% above average (neutral) and Bollinger Bands were 39% wider than normal.

Mudgal Crash Oscillators






Technical Outlook

Short Term:Oversold

Intermediate Term:Bearish

Long Term:Bullish


We would only look for a signal to sell.

The momentum is downward.

The downward momentum is accelerating.
If already in this market we would take any valid sell [...]

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