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

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DOW (8539.73) and  NASDAQ (1827.47) closed 2.9% and 1.7% down respectively last week.Support for DOW is at 8260 and  NASDAQ    1765.Resistance for DOW is at 8930 and NASDAQ 1870.

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Trend Of Major Indices and Stocks

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Symbol Trend No. of Days WeeklyTrend  MonthlyTrend

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            ^DJI     Bearish 1          Falling  Rising              

            ^IXIC  Bulllish  1          Falling  Rising              

            AA       Neutral            1           Falling  Rising              

            AXP    Bulllish  1          Falling  Rising              

            BA       Bearish 8          Falling  Rising              

            C         Bulllish  1          Falling  Rising              

            CAT    Bearish 8          Falling  Rising              

            DD       Neutral            2           Falling  Rising              

            DIS      Bearish 8          Falling  Rising              

            EK       Bulllish  1          Rising   Rising              

            GE       Bearish 5          Falling  Rising              

            HD       Neutral             1          Falling  Falling             

            HON   Bearish 6          Falling  Rising              

            IBM     Bearish 6          Flat!     Flat!                

            INTC   Neutral             1          Falling  Rising              

            IP         Bearish 5          Falling  Rising              

            JNJ      Bulllish  3          Falling  Rising              

            JPM     Bulllish  2          Falling  Rising              

            KO      Bulllish  2          Falling  Rising              

            MCD   Bulllish  2          Falling  Rising              

            MMM  Neutral            2           Falling  Rising              

            MO      Bulllish  2          Falling  Rising              

            MRK   Bulllish  2          Falling  Rising              

            MSFT  Bulllish  1          Rising   Rising              

            PG       Neutral             1          Falling  Rising              

            T          Bearish 5          Falling  Rising              

            UTX    Bearish 1          Falling  Rising              

            WMT   Bearish 1          Falling  Rising              

            XOM   Bearish 6          Falling  Rising                                                              

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Useful Technical Indicators for Major Indices and Stocks

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Symbol Close PVBreakout MFI-21 RSI-14

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^DJI     Loser   50.79   50.33

^IXIC  Neutral 54.13   58.16

GE       Neutral 31.82   36.46

IBM     Loser   42.02   50.37

MSFT  Neutral 77.01   80.13

PG       Loser   29.31   43.89

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MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

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Trading Idea

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(1)JPM(35)Buy at declines and trade.

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            By             

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  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