Dec 28, 2010

Sensex for 28-12-2010

Sensex remains in the blue channel, maintaining the sideways move.
8day ema moves above 34d ema.
Longterm action is in the cloud and neutral.
Shortterm move is neutral and above cloud.
Depth of the cloud is thinning out.
Oscillator has moved into overbought zone.
Immediate volatility has declined.
Supports are at every EMA level, channel level and clouds.

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