- Open: 1101.8
- High: 1127.99
- Low : 1076.43
- Close : 1104.43
- Prev. Close: 1093.33
STIXi Returns since 01-APR-2008 : 10.4386%
Nifty Returns since 01-APR-2008 : 7.8520%
CNX 500 Returns since 01-APR-2008 : 9.0401%
CNX 100 Returns since 01-APR-2008 : 8.6260%
Sensex Returns since 01-APR-2008 : 9.5949%
STIXi
- 5 Day EMA 1092.84
- 9 Day EMA 1077.22
- RSI is @ 79.72
STIXi scrips combined Volumes has gone down for the day by about 14% over previous five day average volume day while turnover has fallen by 2.3%. STIXI, since 23-APR-2008 has been making lower highs and lower tops. Further, considering STIXi has gone up with falling volumes, RSI continuing to hover near 80 levels and that 5 Day EMA is catching up, it might be worthwhile to be cautious on the broader market, as profit booking appear to be taking place.
Action may be more focussed on front-line index stock basket for the very near term / in the coming week, as is evident from this chart showing the relative performance of STIXi v/s NIFTY v/s CNX500 since 01-APR-2008. A correction from NIFTY around 5180 levels is not ruled out.
Cheers
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