NSE NIFTY Analysis – Feb 05,2010

S&P CNX NIFTY closed down -86.500 at 4,845.350.  Volume was 26% below average (neutral) and Bollinger Bands were 63% wider than normal.
Mudgal Crash Oscillators






Technical Outlook
Short Term: Neutral

Intermediate Term:Bearish

Long Term:Bullish



We would only look for a signal to sell.

The momentum is up.

The upward momentum is accelerating.

We would be hesitant to enter this market at present because we [...]

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