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Wednesday, March 21, 2012

EOD Technical Analysis, CNX Nifty - 21 March 2012 - Yo Yo @ 34

Nifty - End of Day - 21 March  2012    
On Monday the Nifty stayed below the 5 EMA and crashed after tripping on the 34 EMA - then after a day below it - today the Nifty shot above the 34 EMA and thereafter the 5 EMA. 

Keen tussle, Bulls are in the Neutral zone, a nudge would send them into the green, to add to the fun, the 5 &13 EMAs are again poised for a possible touch and go