DOW (8574.65) and  NASDAQ (1739.00) closed 4.4% and 1.2% up respectively last week.Support for DOW is at 8330 and  NASDAQ    1670.Resistance for DOW is at 8850 and NASDAQ 1810.

 

Trend Of Major Indices and Stocks

 

Symbol Trend No. of Days WeeklyTrend  MonthlyTrend

 

             ^DJI    Bulllish  1          Rising   Rising  

            ^IXIC  Bearish 2          Rising   Rising  

            AA       Bearish 2          Rising   Rising  

            AXP    Bulllish  1          Rising   Rising  

            BA       Bulllish  1          Rising   Rising  

            C         Bulllish  5          Rising   Rising  

            CAT    Neutral             1          Rising   Rising  

            DD       Bearish 3          Falling  Rising  

            DIS      Bulllish  8          Rising   Rising  

            EK       Bulllish  1          Falling  Rising  

            GE       Bulllish  7          Rising   Rising  

            GM      Bearish 3          Falling  Rising  

            HD       Bearish 3          Falling  Rising  

            HON   Bulllish  8          Rising   Rising  

            IBM     Bearish 3          Flat!     Flat!    

            INTC   Bearish 2          Falling  Rising  

            IP         Neutral             1          Rising   Rising  

            JNJ      Bulllish  8          Rising   Rising  

            JPM     Bulllish  1          Rising   Rising  

            KO      Bulllish  1          Falling  Rising  

            MCD   Bulllish  4          Rising   Rising  

            MMM  Bulllish  1          Rising   Rising  

            MO      Bulllish  4          Rising   Rising  

            MRK   Neutral             1          Rising   Falling 

            MSFT  Bearish 6          Falling  Rising  

            PG       Bulllish  3          Rising   Rising  

            T          Bearish 2          Falling  Rising  

            UTX    Bulllish  1          Rising   Rising  

            WMT   Bulllish  1          Rising   Rising  

            XOM   Bulllish  5          Rising   Rising  

                                                                                                                                                                                                                                                                                   

Useful Technical Indicators for Major Indices and Stocks

 

Symbol Close PVBreakout MFI-21 RSI-14

 

^DJI     8574.65 Neutral 66.1   66.88

^IXIC  1739    Neutral 58.05  62.07

GE       14.53   Neutral 70.35  76.19

GM      1.61     Neutral 50.88  40.86

IBM     101.49 Loser   58.39   51.98

MSFT  19.42   Neutral 45.71   50.79

PG       51.57   Neutral 53.72  58.28

                                                                                               

                                                                                                                       

MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

                                                           

Trading Idea

 

(1)AXP(28.40)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.

.website www.narendranainani.blogspot.com

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