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12/17/09

NSE NIFTY Analysis – December 17, 2009

S&P CNX NIFTY closed up 9.000 at 5,042.050. Volume was 17% below average (neutral) and Bollinger Bands were 52% 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 accelerating.
[...] http://digg.com/u1I9Dn

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