Sunday, July 4, 2010

Delivery Based Stock Recommendations

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Delivery Based Stock Recommendations
Bullet Advisory Indian Stocks-U.S.Markets Weekly

Dow (9686.48) and Nasdaq (2091.79) closed 4.5% and 5.9% down respectively last week.Support for Dow is at 9450 and Nasdaq 2020.Resistance for Dow is at 10080 and Nasdaq 2200.Trend Of Major Indices and Stocks

Symbol Trend No. of Days WeeklyTrend MonthlyTrend

^DJI Bearish 9 Falling Flat!
^IXIC Bearish 10 Falling Flat!
AA Bearish 7 Falling Flat!
AXP Bearish 5 Falling Flat!
BA Bearish 5 Falling Flat!
C Neutral 1 Falling Flat!
CAT Bearish 5 Falling Flat!
DD Bearish 9 Falling Flat!
DIS Bearish 9 Falling Flat!
EK Bearish 10 Falling Flat!
GE Bearish 9 Falling Flat!
HD Neutral 1 Falling Flat!
HON Bearish 9 Falling Flat!
IBM Bearish 4 Falling Falling
INTC Bearish 9 Falling Flat!
IP Bearish 9 Falling Flat!
JNJ Bearish 4 Rising Flat!
JPM Bearish 5 Falling Flat!
KO Neutral 1 Falling Flat!
MCD Bearish 1 Falling Flat!
MMM Bearish 2 Falling Flat!
MO Bulllish 3 Rising Flat!
MRK Bearish 4 Falling Flat!
MSFT Bulllish 1 Falling Flat!
PG Bearish 4 Falling Flat!
T Bearish 11 Falling Flat!
UTX Bearish 9 Falling Flat!
WMT Bearish 10 Falling Flat!
XOM Bearish 9 Falling Flat!

Useful Technical Indicators for Major Indices and Stocks

Symbol Close PVBreakout MFI-21 RSI-14

cc^DJI 9686.48 Loser 52.57 30.62
^IXIC 2091.79 Loser 100 29.57
GE 13.88 Loser 33.74 25.41
IBM 121.86 Loser 42.98 36.14
MSFT 23.27 Neutral 28.46 28.74
PG 59.38 Loser 37.33 38.33

MFI=Money Flow Index
RSI=Relative Strength Index

Trading Idea

(1)MRK(34.22) Buy at declines and trade.

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.


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