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12/30/09

NSE NIFTY Analysis – Dec 30, 2009

S&P CNX NIFTY closed up   9.550 at 5,187.950.  Volume was 33% below average (neutral) and Bollinger Bands were 39% narrower than normal.
Mudgal Crash Oscillator






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

Ee 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/u1IsvD

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