Wednesday, December 16, 2009

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. [...]

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