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.

1 comment:

  1. Dear Friends,

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

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