DOW (8212.41) and NASDAQ (1719.20) closed 1.7% and 1.5% up respectively last week.Support for DOW is at 8000 and NASDAQ 1670.Resistance for DOW is at 8520 and NASDAQ 1800.
Trend Of Major Indices and Stocks
Symbol Trend No. of Days WeeklyTrend MonthlyTrend
^DJI Bulllish 3 Rising Rising
^IXIC Bulllish 3 Rising Rising
AA Bulllish 2 Rising Rising
AXP Bearish 1 Rising Rising
BA Bulllish 6 Rising Rising
C Bearish 1 Rising Rising
CAT Bulllish 3 Rising Rising
DD Bearish 1 Falling Rising
DIS Bulllish 3 Rising Rising
EK Bearish 5 Falling Rising
GE Bulllish 2 Rising Rising
GM Neutral 1 Falling Rising
HD Bearish 1 Falling Rising
HON Bulllish 3 Rising Rising
IBM Bulllish 4 Flat! Flat!
INTC Bulllish 3 Falling Rising
IP Bulllish 3 Rising Rising
JNJ Bulllish 3 Rising Rising
JPM Bearish 2 Falling Rising
KO Neutral 1 Falling Rising
MCD Bearish 6 Falling Rising
MMM Neutral 2 Rising Rising
MO Bearish 4 Falling Rising
MRK Bulllish 3 Falling Falling
MSFT Bearish 1 Rising Rising
PG Bearish 2 Rising Rising
T Bulllish 4 Rising Rising
UTX Neutral 3 Rising Rising
WMT Bulllish 3 Rising Rising
XOM Bulllish 1 Rising Rising
Useful Technical Indicators for Major Indices and Stocks
Symbol Close PVBreakout MFI-21 RSI-14
^DJI 8212.41 Neutral 56.9 60.54
^IXIC 1719.2 Neutral 60.47 64.89
GE 12.69 Neutral 61.08 64.05
GM 1.81 Loser 55.2 44.95
IBM 104.61 Neutral 66.04 63.82
MSFT 20.24 Loser 56.75 59.67
PG 49.5 Neutral 49.03 50.9
MFI=Money Flow Index
RSI=Relative Strength Index
PV=Price Volume
Trading Idea
(1)T(26.01)Buy at declines and trade.
By
Bullet Advisory Indian Stocks-India’s top most no.1 best stockmarket advice blog,hot stocktips calls by expert technical analyst Narendra Nainani of India.Most preferred paid subscription stocktips calls website of India.Excellent success ratio of more than 90% with superb trading ideas.
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M-9898162770
Website 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 narendranainani.blogspot.com.