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Moneycontrol.com >> Message Board >> View Messages >> Market Analysis - Technical View
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18th July (8)   18-Jul-08 09:44Tracked by (0)  
Posted by:   radhika_nandlal on ( 18-Jul-08 09:44 )
NIFTY: The TRIN is oversold at 3.0 inspite of the rally. This is bearish. The ADX says SELL NIFTY. This is bearish. But the MACD says BUY Nifty and the bull power too says BUY Nifty while and the bear power has declined. Mixed cues. Expect volatility.

DOWJONES: NYSE TRIN is oversold at 3.0 which is bearish.. NASDAQ TRIN is neutral to overbought at 0.6 and in keeping with the rally.The DOWJONES bull power is enormous and very bullish. The bear power has declined too. The MACD histo has ticked up. The ADX though says SELL Dow dont know why and has ticked down. Mixed cues here again.

CRUDE: Bearish.

CRUDE:

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