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DOW NASDAQ U.S.STOCKS TREND TECHNICAL ANALYSIS

  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.

.

            M-9898162770

 

           Website www.narendranainani.blogspot.com

 

 

 

 

narendra nainani

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.

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