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

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

1. DOW (8280.74) and  NASDAQ (1796.52) closed 1.9%  and 2.3% down respectively last week.Support for DOW is at 8060 and  NASDAQ    1750.Resistance for DOW is at 8500 and NASDAQ 1840.

Trend Of Major Indices and Stocks

Symbol Trend No. of Days WeeklyTrend  MonthlyTrend

^DJI     Bearish 1          Falling  Rising

^IXIC  Bearish 1          Falling  Rising

AA       Bearish 3          Falling  Rising

AXP    Bearish 2          Falling  Falling

BA       Neutral             1          Falling  Falling

C         Bearish 1          Falling  Rising

CAT    Bearish 2          Falling  Rising

DD       Bearish 1          Falling  Falling

DIS      Bearish 1          Falling  Rising

EK       Bearish 1          Rising   Rising

GE       Neutral             1          Falling  Falling

HD       Bearish 1          Falling  Falling

HON   Bearish 1          Falling  Falling

IBM     Bearish 2          Flat!     Flat!

INTC   Bulllish  6          Falling  Rising

IP         Bulllish  6          Falling  Rising

JNJ      Bearish 1          Falling  Rising

JPM     Bearish 2          Falling  Falling

KO      Bulllish  5          Falling  Rising

M         Bearish 1          Falling  Falling

MCD   Neutral             1          Falling  Rising

MMM  Bulllish  5          Falling  Rising

MO      Bearish 1          Falling  Falling

MRK   Bearish 1          Rising   Rising

MSFT  Bearish 1          Falling  Rising

PG       Bearish 1          Falling  Rising

T          Bearish 1          Rising   Rising

UTX    Bearish 1          Falling  Rising

WMT   Bearish 2          Falling  Rising

XOM   Bearish 1          Falling  Rising

Useful Technical Indicators for Major Indices and Stocks

Symbol Close PVBreakout MFI-21 RSI-14

1. ^DJI     8280.74 Loser 54.82   41.55
2. ^IXIC  1796.52 Loser 46.37   49.36
3. GE       11.46   Loser   35.13   33.52
4. IBM     101.73 Loser   37.68   36.58
5. MSFT  23.37   Loser   66.48   58.42
6. PG       51.11   Loser   33.49   46.9

MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

Trading Idea

(1)MMM(60.25)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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