Sunday, May 30, 2010
Bullet Advisory Indian Stocks-U.S.Stock Market Weekly
Dow (10136.63) and Nasdaq (2257.04) closed 0.6% down and 1.3% up respectively last week.Support for Dow is at 9850 and Nasdaq 2180.Resistance for Dow is at 10340 and Nasdaq 2310.Trend Of Major Indices and Stocks
Symbol Trend No. of Days WeeklyTrend MonthlyTrend
^DJI Bulllish 2 Falling Flat!
^IXIC Bulllish 2 Falling Flat!
AA Bulllish 4 Falling Flat!
AXP Bulllish 2 Falling Flat!
BA Bulllish 3 Falling Flat!
C Bulllish 6 Falling Flat!
CAT Bulllish 3 Falling Flat!
DD Bulllish 2 Falling Flat!
DIS Bulllish 3 Falling Flat!
EK Bulllish 3 Falling Flat!
GE Bulllish 2 Falling Flat!
HD Neutral 1 Falling Flat!
HON Bulllish 3 Falling Flat!
IBM Bulllish 2 Falling Falling
INTC Bulllish 2 Falling Flat!
IP Bulllish 4 Falling Flat!
JNJ Bearish 11 Falling Flat!
JPM Bulllish 2 Falling Flat!
KO Bulllish 2 Falling Flat!
MCD Neutral 1 Falling Flat!
MMM Neutral 1 Falling Flat!
MO Bearish 1 Falling Flat!
MRK Bulllish 4 Rising Flat!
MSFT Bulllish 2 Falling Flat!
PG Bulllish 2 Falling Flat!
T Neutral 1 Falling Flat!
UTX Bulllish 2 Falling Flat!
WMT Bulllish 2 Falling Flat!
XOM Bulllish 2 Falling Flat!
Useful Technical Indicators for Major Indices and Stocks
Symbol Close PVBreakout MFI-21 RSI-14
^DJI 10136.63 Loser 29.12 38.67
^IXIC 2257.04 Loser 100 41.66
GE 16.35 Loser 31.4 38.96
IBM 125.26 Loser 42.27 45.2
MSFT 25.8 Loser 20.6 29.6
PG 61.09 Neutral 54.6 41.86
MFI=Money Flow Index
RSI=Relative Strength Index
(1)PG(61.09) Buy at declines and trade.
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sir when i had money i foolishly squndered in future trading without proper guidance .13.8
i am able to understand the market trend because of your guidance and daily calls
dear sir i bow before you not for helping me.but the accuracy of your calls.thank you sir 5/8/2008
apke call bahut ace hai.
sir.i asked u yesterday whether i should hold my nifty fut short postions and u siad yes.it worked.thank you sir!!
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