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

DOW (9712.73) and NASDAQ (2045.11) closed 2.6% and 5.1% down respectively last week.Support for DOW is at 9380 and NASDAQ 2000.Resistance for DOW is at 10000 and NASDAQ 2080.

Trend Of Major Indices and Stocks

Symbol Trend No. of Days WeeklyTrend Month

^DJI     Bearish 1          Flat!     Flat!

^IXIC  Bearish 3          Flat!     Flat!

AA       Bearish 3          Flat!     Flat!

AXP    Bearish 1          Flat!     Flat!

BA       Bearish 6          Flat!     Flat!

C         Bearish 2          Flat!     Flat!

CAT    Bearish 3          Flat!     Flat!

DD       Bearish 3          Flat!     Flat!

DIS      Bearish 3          Flat!     Flat!

EK       Neutral 1          Flat!     Flat!

GE       Bearish 8          Flat!     Flat!

HD       Bearish 6          Flat!     Flat!

HON   Bearish 2          Flat!     Flat!

IBM     Bearish 1          Falling  Flat!

INTC   Bearish 8          Flat!     Flat!

IP         Bearish 3          Flat!     Flat!

JNJ      Bearish 3          Flat!     Flat!

JPM     Bearish 3          Flat!     Flat!

KO      Bearish 1          Flat!     Flat!

MCD   Bearish 2          Flat!     Flat!

MMM  Bearish 2          Flat!     Flat!

MO      Bearish 1          Flat!     Flat!

MRK   Bearish 5          Flat!     Flat!

MSFT  Bearish 1          Flat!     Flat!

PG       Bearish 1          Flat!     Flat!

T          Bearish 1          Flat!     Flat!

UTX    Bearish 2          Flat!     Flat!

WMT   Bearish 5          Flat!     Flat!

XOM   Bearish 3          Flat!     Flat!

Useful Technical Indicators for Major Indices and Stocks

Symbol Close PVBreakout MFI-21 RSI-14

  1. ^DJI     9712.73           Loser   52.34   45.35
  2. ^IXIC  2045.11           Loser   54.83   36.65
  3. GE       14.26   Loser   29.04   31.19
  4. IBM     120.61 Loser   51.81   46.64
  5. MSFT  27.73   Loser   53.37   69.03
  6. PG       58        Loser   42.59   57.86

MFI=Money Flow Index

RSI=Relative Strength Index

PV=Price Volume

Trading Idea

(1)AXP(34.84)Buy at declines and trade.

By

Bullet Advisory Indian Stocks-India’s Top Most No.1 Best Stock Market Advice Blog,Hot Stock Tips Calls by Expert Technical Analyst Narendra Nainani of India.Most Preferred and Successful Paid Subscription Stock Tips Calls Website of India.Excellent Success Ratio of more than 90% with Superb trading ideas.Most Successful Intraday Stock Future Calls Provider Service Indian Share Market.

Website http://www.narendranainani.blogspot.com

About the Author

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 MostSuccessfulIntraDayStockFutureTipsProviderIndia.

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