August 25, 2010

S&P 500 Analysis after closing bell

  • S&P 500 closed 15.49 points or -1.45% Down.
  • On its way down The index has broken many important supports. 
  • Price is moving away from 200 DMA and 50 DMA. 
  • 1050 is an important support  for tomorrow. If 1050 breaks the correction may be deeper.
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1 comment:

  1. gauresh59August 25, 2010 at 8:27 AM

    Dear Friends,

    Here is the link for MySAR_A levels to be used on 25th Aug.

    http://www.4shared.com/document/JGru4V14/MySAR_A__Future_for_25th_Aug_.html

    Scripts to watch today : Bhartiatl, DLF, HCL Tech, Infosys, Hindalco, Sail, Tatapower, Cairn, M&M, JindalSAW, RIL, RELInfra, Rcom, sterlite, Tisco

    ReplyDelete

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