NSE NIFTY Analysis – Nov 30, 2009

S&P CNX NIFTY closed down -63.800 at 4,941.750.  Volume was 19% above average (neutral) and Bollinger Bands were 16% wider than normal.
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 accelerating.
In this situation we wait until [...]

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