NSE NIFTY Analysis – Jan 21, 2010

S&P CNX NIFTY closed down -3.950 at 5,221.700. Volume was 26% below average (neutral) and Bollinger Bands were 18% narrower than normal.
Mudgal Crash Oscillator






Technical Outlook

Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish


The market is near to being balanced and the price might move in either direction.

The momentum is downward.

The downward momentum is slowing.
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