Stratstar Technical Indicators AND Afternoon Report For 08/05/13
TRADE LIKE A GENIUS... WITH THE RESOURCES BELOW…
Stratstar.com : Genius Trader Indicators For 08/05/13
BSE Sensex
Current Signal: Date 07/05/13; Closing Price 19888; HOLD
Previous Signal: Date 18/04/13; Closing Price 19016; BUY
Open Position (Profit): 872; Stop Loss 19018
S&P CNX Nifty
Current Signal: Date 07/05/13; Closing Price 6043; HOLD
Previous Signal: Date 22/04/13; Closing Price 5834; BUY
Open Position (Profit): 209; Stop Loss 5801
Afternoon Newspaper
' Markets Flare …'
Daily Market Report for Wednesday (May 08, 2013)
On Japanese candlestick patterns the index has formed a second consecutive and long white body candle on higher volumes. In fact, yesterday's candle is almost like a white body Marubozu candle. (A White Marubozu forms when the open equals the low and the close equals the high). The body of this candle is above and outside the body of the previous candle indicating a range expansion and acceleration. This is positive.
Further, the index is above the 5, 15, 25 and 200 day's moving averages and all the four averages are rising and also positively trended. Moreover, the velocity parameters too indicate strength. All these indicate a positive bias and the possibility of a further upmove unfolding.
Incidentally, the index is approaching a major resistance level at the 6096 points level. There is a possibility that it could find some resistance there. However, if it crosses above it then a further rise can be expected. Investors are advised to hold long positions.
Trader Resources (For 08/05/13)
Intra-day Support and Resistance Levels Based on the "Pivotal Point"
theory of technical analysis.
BSE 'A' Group 200 stocks
http://www.stratstar.com/markets/resistance.php?type=A_Group
NSE India Midcap Stocks
http://www.stratstar.com/markets/resistance.php?type=Midcap
NSE Stocks Futures Support and Resistance Levels
http://www.stratstar.com/markets/resistance.php?type=Futures
Market Updates
(Buzzing Stocks, Brokerage Recos, Market Reports, Latest News,
Business News, Economy, Global Markets, IPO News) .
http://www.stratstar.com/markets/market_updates.php
Moving Averages
(Exponential Moving Averages - EMA 12, EMA 30, EMA 48, EMA 150)
(Simple Moving Averages - SMA 5, SMA 15, SMA 40, SMA 200)
http://www.stratstar.com/markets/market_reports.php?cat=1
Top Gainers
http://www.stratstar.com/markets/market_reports.php?cat=2
Top Losers
http://www.stratstar.com/markets/market_reports.php?cat=3
52 week high/lows
http://www.stratstar.com/markets/market_reports.php?cat=4
52 Week High Low Mid-cap Stocks
http://www.stratstar.com/markets/market_reports.php?cat=5
International Indices, Commodities and Indian ADR's
http://www.stratstar.com/markets/market_reports.php?cat=6
Investment Directory
(Search for links about investments and personal finance.)
Wisdom Desk
When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
-Warren Buffett
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