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Posted on 26 August 2010

Dow Nasdaq U.S.Stocks Technical Analysis By Bullet Advisory

Bullet Advice for Indian Stocks-U.S.Market Trend

DOW (10520.10) and NASDAQ (2285.09) closed 1.9%  and 3.3% up respectively last week.Support for DOW is at 10390 and NASDAQ 2245.Resistance for DOW is at 10650 and NASDAQ 2325.

Trend Of Major Indices and Stocks

Symbol Trend No. of Days WeeklyTrend Month

^DJI     Bulllish  4          Flat!     Flat!

^IXIC  Bulllish  5          Flat!     Flat!

AA       Bulllish  4          Flat!     Flat!

AXP    Bulllish  2          Flat!     Flat!

BA       Bulllish  3          Flat!     Flat!

C         Bulllish  1          Flat!     Flat!

CAT    Bulllish  2          Flat!     Flat!

DD       Bulllish  4          Flat!     Flat!

DIS      Bearish 1          Flat!     Flat!

EK       Bearish 1          Flat!     Flat!

GE       Neutral 1          Flat!     Flat!

HD       Neutral 1          Flat!     Flat!

HON   Bulllish  2          Flat!     Flat!

IBM     Bulllish  4          Falling  Flat!

INTC   Bulllish  5          Flat!     Flat!

IP         Neutral 1          Flat!     Flat!

JNJ      Bulllish  1          Flat!     Flat!

JPM     Bulllish  1          Flat!     Flat!

KO      Bulllish  1          Flat!     Flat!

MCD   Bulllish  5          Flat!     Flat!

MMM  Bulllish  1          Flat!     Flat!

MO      Bulllish  3          Flat!     Flat!

MRK   Bearish 2          Flat!     Flat!

MSFT  Bulllish  5          Flat!     Flat!

PG       Neutral 3          Flat!     Flat!

T          Bulllish  3          Flat!     Flat!

UTX    Bulllish  1          Flat!     Flat!

WMT   Bulllish  1          Flat!     Flat!

XOM   Bulllish  1          Flat!     Flat!

Useful Technical Indicators for Major Indices and Stocks

Symbol Close PVBreakout MFI-21 RSI-14

^DJI     10520.1           Neutral 60.42   59.76 ^IXIC  2285.69           Neutral 100      68.91 GE       15.44   Neutral 42.59   42.35 IBM     130.57 Neutral 65.04   61.94 MSFT  31        Neutral 71.94   66.98 PG       61.28   Loser   49.54   45.65

MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

Trading Idea

(1)UTX(70.36)Buy at declines and trade.

By

Bullet Advisory Indian Stocks-India’s Top Most No.1 Best Stock Market Advice Blog,Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market.

M-+919898162770

Website http://www.narendranainani.blogspot.com

Narendra Nainani
AHMEDABAD, GUJARAT, India
Narendra Nainani is renowned technical analyst and stock market advisor of INDIA having experience of more than 26 years having excellent success ratio.Expert in Derivatives Products-Futures & Options,Intraday,Short Term ,Medium Term,Long Term,Portfolio Management,IPO & Mutual Fund Advisor.Covered regularly by E TV & Business Magazines like The Economic Revolution for Market views.
India’s top most no.1 best stockmarket advice blog hot stocktips calls by expert technical analyst of India.Most preferred paid subscription stocktips calls website India.Excellent success ratio of more than 90%.good superb trading ideas.M-9898162770
Website MostSuccessfulIntraDayStockFutureTipsProviderIndia.

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