Nifty analysis for 13/02/09

Nifty opened gap up and posted a high of 11320 and closed near to that. Nifty broken red line and closed above it. To confirm this breakout nifty has to close 2 more days above this line. But this was very good short term rally. Our #share #analysis #software has given 511 points from its last 5 DMA buy call. So it is always better to follow software indication than any analysis.