DOW (8076.29) and  NASDAQ (1694.29) closed 0.7% down and 1.3% up respectively last week.Support for DOW is at 7800 and  NASDAQ 1620.Resistance for DOW is at 8400 and NASDAQ 1770.

 

  Trend Of Major Indices and Stocks

 

Symbol Trend No. of Days WeeklyTrend  MonthlyTrend

 

^DJI     Bulllish  1          Rising   Rising  

^IXIC  Bulllish  1          Rising   Rising  

AA       Bulllish  1          Rising   Rising  

AXP    Bulllish  1          Rising   Rising  

BA       Bulllish  2          Rising   Rising  

C         Bearish 5          Rising   Rising  

CAT    Bulllish  2          Rising   Rising  

DD       Bulllish  1          Rising   Rising  

DIS      Bulllish  1          Rising   Rising  

EK       Neutral             1          Rising   Rising  

GE       Neutral             2          Rising   Rising  

GM      Bulllish  1          Falling  Rising  

HD       Bulllish  1          Rising   Rising  

HON   Neutral             1          Rising   Rising  

IBM     Bearish 1          Flat!     Flat!    

INTC   Bulllish  2          Falling  Rising  

IP         Bulllish  3          Rising   Rising  

JNJ      Bearish 2          Falling  Rising  

JPM     Neutral             1          Rising   Rising  

KO      Bearish 4          Falling  Rising  

MCD   Bearish 2          Falling  Rising  

MMM  Bulllish  2          Rising   Rising  

MO      Neutral             2          Rising   Rising  

MRK   Bearish 6          Falling  Rising  

MSFT  Bulllish  1          Rising   Rising  

PG       Bearish 2          Rising   Rising  

T          Bearish 1          Falling  Rising  

UTX    Bulllish  3          Rising   Rising  

WMT   Bearish 2          Falling  Rising  

XOM   Bulllish  1          Falling  Rising              

                                                                                                                                                                                                                       

  Useful Technical Indicators for Major Indices and Stocks

 

Symbol Close PVBreakout MFI-21 RSI-14

 

^DJI     8076.29  Neutral          58.13   57.42

^IXIC  1694.29  Neutral          60.71   63.53

GE       12.11     Neutral           57.48   59.71

GM      1.69     Neutral            44.21   40.85

IBM     100.08 Neutral            55.65   55.08

MSFT  20.91   Gainer             58.26   65.56

PG       49.51   Neutral            56.51   51.56

                                                                                                                                                           

MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

                                                           

  Trading Idea

 

(1)BA(38.72)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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