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12/31/09

NSE NIFTY Analysis – Dec 31, 2009

S&P CNX NIFTY closed down -18.500 at 5,169.450.  Volume was 38% below average (neutral) and Bollinger Bands were 38% narrower than normal.
Mudgal Crash Oscillator






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

We 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/u1J0mg

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